Member Info for Bannor

Off you trot then & mind your ar$e on the step - the board won't be missing you either

Hmmmmmm ... sorry yes turned into a bit of a rant that LoL :-))

& of course as far as I can tell.... the cause for at least some of the placings can be placed on the evident failure to meet targets indicated that the previous placing was to be used for....

SMART objectives seem to have passed this BoD/board by....

Oh & of course by board I mean our BoD & vice versa....

....explain what Aerial? an OO at .12 - a discounted placing at .35 a discounted placing at .6 etc etc...

Now arguably there was a requirement to raise funds for sure - however on the back of continuously missed targets in both volumes & dates ... which have still to be proven / stated or confirmed as now being met - the SP is understandably in decline & placings are a risk & made at prices reflecting those risks.

I would like to think that it was unintentional to keep saying that this would allow x tonnes to be processed & sold by x date time & again & each time failing.... we're targets set in hope rather than knowledge was the failure to meet them co-incidental rather than ineptitude - why isn't anyone getting responses & why is there no update?

Where are the contracts to supply continually being discussed for x years & even if they arrive how will we service them?

For once could we have a statement of intention to produce x tonnes x date followed with an RNS confirming it was met....

This is why I don't think our concerns make a jot of difference to our BoD or what they do....

...... hmmmm not sure I can remember when anything that was or felt unpalatable to us PI's caused any pause for thought, concern, was or felt unpalatable for our board....

I've got a hunch the next RNS might be or include a placing.....

...blinking eck ..... clap 3 times !!

& should tinkerbell turn up - I'd be very happy & clap times :-))

..... like everyone just sitting & waiting for a turn around in fortunes here.... I like many I suspect are down quite a few thousand pounds & have fingers crossed that either TANESCO will restart/renew a bid process &/or they announce the hitting of targets &/or the sale of the whole kit & caboodle for £100M - any of that works for me....

...they don't NEED to do it .... they could of course but they don't NEED to unless they're looking to place at lower than the current nominal value then they'd NEED to whilst at the same time reorganise the nominal value with a share split.....

JZD - not sure how a consolidation maximises the amount they get.... sure the placing price will be higher but as a percentage the dilution will be the same - there's no benefit in a consolidation prior to a placing - it just reduces everyone's holding & the new shares issued ..... what's the difference between between a company of 200 shares Issuing 100 shares at a penny each (50% dilution) for £1 or the same company consolidating 2/1 to 100 shares & issuing 50 shares at 2p each (50% dilution) for £1.

We're still diluted 50% & as with most placings the price will probably still fall afterwards .... concerned this will turn into another MTV .... consolidation .....placing .... consolidation....placing .... consolidation .... placing ...... finished & gone

Narcissistic personality disorder - look it up... what do you think - I know what I think LoL :-))

https://en.m.wikipedia.org/wiki/Narcissistic_personality_disorder

Who really cares MrC .... old Faddygas has either jumped or been forced to walk the plank from another Company he got the Minigases hooked into that he was supposed to take to glory & failed miserably & in doing just more shares were issued amidst an ever decreasing SP.... just MMS to go eh!! ....

I suspect it won't be too much longer before he gets fed up with his weed pumping (no issues with & distinct from properly prescribed medicinal use BTW) & moves onto some other faddy fantasy leaving another trail of misery behind him .... ironic huh creating frustration & misery from weed - LoL

Just my thoughts & opinions though.....

meanwhile back at the ranch I really hope Secker is ready to stun the shorters & the world (but especially the shorts) by announcing a multi billion $ sale of Sonora (including the JV's) .... they can throw in Zinnwald as well if they like (under separate negotiation) as that means little to us other than how it effects their SP which in itself means less & less to us as we sell them down to nowt!! - again just my thoughts & opinions (with a little bit of wishful thinking & hope thrown in on that one) :-)

Yes he seems to have a habit of running off when things don't go well....

ARV, AOU, CLY, REM etcetera etcetera to name but a few.....

..... & just to prove that I can talk a load of hairy sphericals (as if it wasn't already obvious) the ask on KDNC NEX is at 3DP ... thought I'd make a voluntary admission before anyone else points it out :-))

The bid/ask prices are at 2DP the price at 3DP so they can't do better than that without changing those parameters ... on many shares it would mean constantly fluctuating prices so personally I'm OK with it as is.

It's easy enough to work out what are likely to be buys & which are sells, at the moment for instance I'd say the likely next movement is down as the buys in my opinion are (from what I can see) are at less than .105 & there are sufficient sells occurring to feed them....

Can change in a flash though

Anyway.... now where were we again ;-))

..... to be fair as a kid I'd have jumped on any bandwagon that got me out of the classroom for a day ....& you've got to ask who's orchestrating &,organising all of this .... the schoolchildren themselves - I think unlikely & more likely parents & teachers with a green agenda ..... not that that's a bad thing per se so long as it achieves the right outcome which is s greener more sustainable future........ that also hopefully includes lots of Lithium whilst we (& KDNC!!) are still around to benefit from it.

..... now where were we - Obs/Ivy/Dallas ... LoL :-))

....agree Dallas.... if they're that good why haven't the big boys snapped up promising licence areas on their bordering their existing they can afford to mothball them for the future after all ..... & yet a virtually unknown investment company with a poor history (in my opinion) has been able to put together a deal with a couple of companies formed in 2017 (just prior to the Argentine deal) to gain access to them..... is that Herring (red) I smell or a white elephant is see .... hope not but time will tell I guess .... having issued the shares we've just got to find another £Million to see whether we're dead or alive eh & we still have a chance the JV's will come good.