Member Info for Bannor

Agreed Legal....

Morning MB & FH :-))

Awwww schucks.... don't you like to hear/read anything of the history, feeling & sentiment that doesn't fit with your one sided short term blind view of the potential future.... never mind eh go tell mum all about it.... or better still get someone to put up a load of calculations to make you feel justified....

PMSL ...... so you reckon taking 20% now isn't a good idea due COVID!! .... some posts are just so hilarious they're worth highlighting ... great shout!! LoL

For sure Pawn... trust me it wasn't a dig/slight in your direction... Take care.

Morning MB & FH

Tsk Tsk Pawn..... don't you know you're only supposed to post positive thoughts & messages about KDNC & its fabulous BoD LoL .... the can't/won't /refuse to see blind gobbies on here get all antzy & upset accusing anyone who says anything remotely questioning or negative of having some ulterior motive, or of not being a genuine holder.... understandable I guess seeing as most of them have been here for 5 minutes & know everything there is to know now..... fortunately with all the plaudits, positive vibes, pumpimg & ridiculous calculations we've had over the last couple of months the share price has er um.... retreated again whilst we wait.... I mean who on earth could be selling now what lunacy is that when it's going to multibag multiple times LoL .... Don't you remember the prediction/calculation that we'd have an SP of £1.04 per share years ago (about 6/7)... that's pre consolidation!! .....£104 per share today & that was without Amapa.... Goodness me I can't wait to buy Tesla from Elon when it comes home with Amapa tagged on!!!

Uncleal... we own ~1% of MMS not 10%....... Equals ~ £435k.....

..... in fact other than it's $10M not £10M ..... what ISB said :-))

...... to be clear KDNC cannot ship anything.... DEV have been authorised to do so by the courts because the JRP process has not progressed because there has been no settlement agreement formalised between the Banks & the JV partners (Indo/KDNC) .... at this time we still own nothing of Amapa.

Jesus H Obs .... you've got the mathematical equivalent of tourettes!! .... bit of excitement and 'BANG' a numeric orgasm

.... Maybe bumper news tomorrow then :-))

Crikey Degsie didn't expect that question from you!! ..... SCAP = Share Capital (number of shares in issue).... Divide the MCAP (Market capital = value) by the SCAP & you get the price per share....

..... Yes well you know what he can do with a leek!! :-)

Tsk Tsk tetchy TC.... LoL :-))

..... to save you working it out (if you were going to) the SCAP since we purchased Mojito has increased about 11 fold to date .... some of it with good reason/rationale....

Degsie.... from memory $2.5M (in 02 stages) to fund drilling for each 30% of Mexilit & Megalit.... total $5M.... For Yangi see below regarding the purchase of Mojito.... you can also work out from that how many pre-consolidation shares were in issue at the time of purchase....

Rare Earth Minerals (LON:REM) is buying Mojito Resources in a cash and shares deal as it seeks to expand its exposure to rare earth mineral projects in Australia. The firm is paying £380,000 in cash and 250 million Rare Earth shares – around 17.3 per cent of the total share capital of the company

You may well be right Obs... but the RNS's continually refer to Ganfengs investment in SLL relating to LV & JV1.... if only things were defined more clearly eh!!

Regardless we hold 30% of the JV's irrespective & I'm more confident of things progressing with GFL than I was previously without them, they wouldn't have taken an initial investment & then increased it without good cause/reason.... Like Yangi though they have the luxury of sitting tight for a number of years yet before they need to think about buying us out or agreeing a mining JV....all the time hopefully the value of it becoming clearer..... Should they take us out of the scenario cheaper that's the question & how much is it worth to them & us today considering how much could change & happen in 6+ years of change & development in between.....

..... Concessions.... Project..... Limited.....

Bacanora owns ten mining concession areas covering approximately 100 thousand hectares in the northeast of Sonora State in Mexico. Seven of these ten mining concessions (the 'Sonora Lithium Project'1) were included in the Feasibility Study announced 12 December 2017. The Company, through drilling and exploration work to date, has established a Measured plus Indicated Mineral Resource estimate of over 5 Mt (comprising 1.9Mt of Measured Resources and 3.1Mt of Indicated Resources) of LCE2 and an additional Inferred Mineral Resource of 3.7 Mt of LCE. The Company's Feasibility Study has established Proven Mineral Reserves (in accordance with NI 43-101) of 1.67 Mt and Probable Mineral Reserves of 2.85 Mt LCE and confirmed the economics associated with becoming a 35,000 tpa lithium carbonate and 30,000 tpa SOP producer in Mexico. In addition to the Sonora Lithium Project, the Company also has a 50% interest in the Zinnwald Lithium Project and the Falkenhain Licence in southern Saxony, Germany. Each of the Zinnwald Lithium Project and the Falkenhain Licence are located in a granite hosted Sn/W/Li belt that has been mined historically for tin, tungsten and lithium at different times over the past 300 years. The strategic location of the Zinnwald Lithium Project and the Falkenhain Licence provides close geographical proximity to the German automotive and downstream lithium chemical industries.



1. The Sonora Lithium Project is comprised of the following lithium properties: La Ventana lithium concession, which is 100 percent owned by Bacanora and El Sauz and Fleur concessions, which are held by Mexilit S.A. de C.V. ('Mexilit') which is owned 70 percent by Bacanora and 30 percent by Cadence Minerals Plc.

..... In SLL (Sonora Lithium Limited) SLL owns 100% LV & 70% JV1

Ignore the %'s which changed as of today but just Mexalit....... Megallit still us & BCN....

...... Sonora Lithium ltd (“SLL”) is the operational holding company for the Sonora Lithium Project and owns 100% of the La Ventana concession. The La Ventana concession accounts for 88% of the mined ore feed in the Sonora Feasibility Study which covers the initial 19 years of the project mine life. SLL is owned 77.5% by Bacanora and 22.5% by Ganfeng Lithium Ltd. SLL also owns 70% of the El Sauz and Fleur concessions, which are held by Mexilit S.A. de C.V. ('Mexilit’).

...... blimey...... commentators getting things confused & mixed up .... whatever next!!