Member Info for Bannor

...even more idiotic today than when its master (Boohoo) has it on the lead ....

LoL Eric .... I think our deputy resident of the asylum has had its jacket taken off again, I see I'm in 3rd place .... must be due to my glowing appraisals over the years of the BoD's performances, choices, actions elsewhere other than the Amapa project & of course well deserved recognition of MrC's continual bigging up of everything KDNC ... PMSL :-)

I've told you this on a few occasions previously but if you google Ilika & Toyota ... you'll see they've been working on solid state batteries together for years (as well as VW) .... Related extract below .... MD you really should research & support things you post that was extremely misleading IMO.

Nikkei, and there’s also another Japanese company, Nissan, whose first EV powered by a solid state battery could arrive in 2028. Volkswagen is also reportedly close to0 - it could begin production of such batteries in 2025 thanks to a tie-up with an American startup.

Both manufacturers are being helped by the Japanese government that has put together a $19.2-billion fund to support companies doing research in this field. Solid state batteries still need lithium to work, so even with a complete shift from current battery tech to solid state, we won’t escape the need to keep mining this element. The Japanese government will also help companies with procuring lithium, given the fact that the element is in limited global supply.

As previously stated, the vehicle that Toyota will unveil which runs on this type of battery will only be a prototype. The actual production incarnation will have its market debut before the middle of the decade (possibly in 2023-2024).

LoL .... I thought it'd probably be better if I let others answer the BCN question .... apols late to the party today had a very VERY late night with a limited edition Ledaig (pronounced lay-chick for the unititated) which is now near empty .... a happy 'hic' New year to most :-))

One thing's for sure more RNS's will come .... next week, week after who knows & who knows what they'll say .... that's the unpredictability of AIM for you :-))

Indeed Eric ...... I'm very much hoping this particular ghost from Christmas past will be laid peacefully to rest never again to arise ..... assuming the earthly targets it has set itself are met this year LoL ..... :-))

....quite possibly a comprehension of the RNS released 2 days ago .... with maybe a smattering of BCN shareholder interest moving across ....

..... I know my input isn't necessarily wanted here but I suspect you may not receive your funds until next week ... Ganfeng transfer the funds to the owners of shares today means if held in a broker's account the broker has got to receive, allocate & transfer/assign out themselves .... Public holidays provide an ideal time to substantiate 'delays' in processing/actions eh!!

Unlike some I don't like to do 'guessing' or 'assuming' but I don't mind repeating stuff that's been said by others so will leave the guessed/assumed estimations to whoever wishes to do it & otherwise go by RNS's (to the extent I believe/understand them), formal surveys (in their entirety) & webinars (to the extent I believe them also) ..... what I do have is an exit strategy & price triggers for it so when we get there I'll start offloading or simply be off ....

Separate comment to MBW ... you only need to forgive & forget for those you hold dear & that you wish to play a part in your future ... I have no such desire here & will be off as soon as I either reach my exit targets (reduced thanks to historic events) or I think it's irretrievable

...and with that I wish most a happy new year :-))

EV Bull why are you only using BCN's MCAP in your 'assessment' for Sonora value .... they only own 50% of the Sonora asset we don't ..... also that doesn't take into account that KM himself gave a 'potential' valuation of $200M each for Yangi & Sonora when Li & RE prices were much lower than today - don't you put any store/faith by what he's said previously ..... LoL

.....an example of a name not befitting the character Evan :-)) ...... accusing you of not being able to do something he/she clearly hasn't been able to do LoL

.... Indeed Eric, where's there's a will there's a way (or a potential court case depending on the type of will!)

Anyway genuine offer & as many have commented I have a long memory so providing I'm still a functioning human bean I'll make good on the offer if I'm able.

Anyway that's possibly me now till after Christmas (out to tennis this PM with possibly an AM game tomorrow to make way for the ~3500 cal dinner & drinks)

Take care all & enjoy this particular festive period as is your wont, custom or religion permits.

Laterz :-))

Good morning MB.... Just got in from a meal & drinks (hic!!) .....forgive if I'm repeating but I had the pleasure of drawing a sample from my cask a couple of months back it's just 3 & 1/2 years old but honest to gawd it tasted absolutely gorg I may have mentioned it's maturing in a Pedro Jimenez sherry butt ... (bit strong being cask strength & relatively young of course at the moment but mmm mmm) can't wait for the next 6 & 1/2 years to pass until it's bottled .... there's a bottle with your name it if you want it so between now & then we need to work out how I can get it to you (same goes for Eric, TC & Mrs B if they're looking in) so many years of waiting eh!

Have a great Christmas .... see you on t'other side

Afternoon Bro :-)

CBAX - I'd refer to Mrs Claus as she may have a lot to say on whether Santa's got time to empty his sack or not before Christmas :-))

I've got about 60% of the excess I requested credited to my ii account now .... cash for balance not returned yet....

Excellent :-) ...

Definitely the last last post LoL

Below is an extract lifted from the RNS'd GFL offer announcement - if it's unclear to anyone here I'm sure there are those here who will explain it to you in detail, failing that take it up with GFL/Secker & Co:

-----------------------------------

There can be no certainty that Bacanora would pay any dividends or other distributions or that such minority Bacanora Shareholders would again be offered an opportunity to sell their Bacanora Shares on terms which are equivalent to, or no less advantageous than, those under the Offer.

OK this will be my last post then .... Lots of exploration work already undertaken at the JV's:

Bacanora Lithium PLC has responded to proposals of new legislation from the Mexican government in regard to lithium concessions.

On 1 October 2021, the Mexican government submitted to Congress a proposal for constitutional changes with the primary objective of strengthening the state electricity company.

As part of these reforms, future lithium concessions would be held by the state.

The new reforms will not affect lithium licences already granted to private companies, provided exploration work had already commenced and all licence requirements had been met.

It is the view of Bacanora that it has met these requirements, including through the commencement of early construction activities at the Sonora lithium project, the company said in a statement.

Last past here then....

Fozdog ... Understood & each to their own absolutely you should invest/ do with your money as you see fit.

Dee .... I have known & conversed with TC for years on these chat boards & believe me when I say there are few posters whose thinking/commentary I would put as much store by as his, additionally I have absolute confidence he knows & understands what he's doing & all its implications .... You on the other hand I've only known from your campaign here in the last month's, a few comments when you were attempting to woo KDNC shareholders to your cause & an unsolicited letter I received in the post.... I can only hope your 'principles' if that's all your resting this on don't lead you & others following your lead down a rabbit hole where the rules , funding & decisions are unknown, uncertain or unclear.

As for KDNC personally I can see GFL getting getting them out of the way ASAP buying them out under an offer I would probably consider wholly insufficient but our BoD will paint as a fantastically successful outcome .. as for a cash call (if that happened) KDNC will have options both by being on AIM & I'm sure there will be institutions more than happy to fund for the benefit of the co being able to access up to 30% of produced Lithium material (that would be KDNC's to sell not GFL's but that's getting well ahead of where we are currently) but as I said I expect KDNC to be bought out & they have more than just the one asset unlike BCN .... any cash call would be proportionate to the extent it benefitted extraction from the JV's currently at what .... about 12.5%.

As said I'll leave you all to it & trust me when I wish you well & hope it does all pan out as you wish for you whatever you & others choose to do.

LoL TC I didn't get the number from anywhere it just helped form the comment/question (as I said just interested on thoughts but if it's hit a nerve no worries I don't actually need a response & will leave you with it after this) but in any event whose to say what GFL will do in respect to funding (existing or otherwise), expansion or exploitation when they have full control..... just commenting that it would be a concern for me holding a position in an unlisted company that you have even less control over than one on AIM....

I get that many are holding out for a better return but how sure are you it will come this from the offer wouldn't leave me overly hopeful:

There can be no certainty that Bacanora would pay any dividends or other distributions or that such minority Bacanora Shareholders would again be offered an opportunity to sell their Bacanora Shares on terms which are equivalent to, or no less advantageous than, those under the Offer.