Member Info for Bannor

To be honest I'm sure I can remember myself.... as I recall it Aerial had mentioned the bid being .28 which drew from me a statement indicating that perhaps the MM's were trying to get some cheap shares (effectively raping PI's is how I phrased it I think) inferring it might be on the back of some unannounced news ..... now I'm also thinking/speculating that just maybe they didn't put the resolutions on the raising of cash & of waiving our rights to participate in a fund raise because they knew they wouldn't need it anyway..... all those funny little trade last week as well....

Hmmm Indeed 2+2 make eleventy three huh. :-)

I had a mate who castrated pigs for a living ... there's one I can think of that I would've wanted to watch & hear squeal along with its little band of male piglets that suck up to it.

Anyone for waffle? .... seems like you can have them with of without cream... haven't yet met a good accountant who couldn't make a loss look good & smile whilst explaining how you don't understand it.

CLN debts need paying monthly & the final payment comes with the extra $3.9M - either that or another massively costly & dilution renegotiation.
$1.5M for San Luis - assuming the licences ever get issued (white elephant?)
$5.5M earmarked to dig PREM out of the S H I T from what I can tell
Salaries ... reduced now ... but I'll be interested to see the consultancy fee' s
Running costs......

Shocking performance, shocking SP & yet we still have the odd DL & BoD worshipper... & now 111baker who hasn't yet provided anything to indicate he just isn't making things up & talking BLX as he goes along for some inexplicable reason.

Sorry Frankie but I am very much in the sell Sonora JV camp, I don't know how much more anger & frustration I can bear with this BoD's poor performance, involvement with Lenigas & inability to deliver on anything...... so long as I get a penny a share they can sell for whatever they want.... they've done nothing but deliver, debt & dilution so far & nothing they've done or have planned will change that as far as I can tell.

Anyway - that's my rant for now.... I just hope I never have the misfortune of being in the same room as Lenigas or any of our BoD - basket of snakes that need culling.

Posts from this morning been removed!??

Fair comment TC ..... MMS couldn't even get enough support to get listed there either & gave up on it didn't they .. ah well ... the wait goes on for the sale/exploitation of JV1 &/or 2 goes on regardless....

As I said, in my opinion no scruples & no moral compass..... I don't think there's I despise or dislike more ...'nor anyone else I hold such an ill will for:

https://mobile.twitter.com/DavidLenigas/status/1018455601633005568

Hmmm - not overly showing confidence ... underwriter's left with nearly twice the amount taken up ... hardly surprising when, if you did want to increase your holding, you could & still can currently buy them cheaper on market I guess!! Wonder if we took up our allowance LoL ..

https://www.asx.com.au/asx/share-price-research/company/AOU

...waiting 111baker.... facts & evidence please so we can all discuss this agreement...

.... before anyone can contemplate an answer to that what agreement with Elon Musk are you referring to?

Oh now it's 'your reading' ....... & no I have nothing I just adjusted a single word of his post, which didn't completely make sense to me, to accommodate & attempt to portray my absolute dislike & distrust of everything Lenigas but as I said it's just what I think he meant to say & for me also satisfies my belief in his arrogance ..... you on the other hand added a whole sentence in parenthesis, which appeared to portray it as what he actually meant with his post.... however unlike me you didn't indicate or infer that it was your 'reading' of his post until it was in your response to my querying where you got what you had posted..

.... the 'Recommends' are with London74 at the moment... LoL ...

Where did you get the extended comment you placed in your post in Parentheses from? DL's Twitter post is below & it doesn't appear there ... are you making it up to suit your DL worship?

Personally I suspect DL in his usual egotistical arrogance & self love was actually trying to lay claim to being responsible for the deal & actually intended the word "with" to be "without" .... in my opinion it'd be pretty typical of the man I consider nothing more than a Shy&&er.

.... if you ask me (which I know you didn't) ... I wouldn't believe anything that comes out of his mouth whilst his lips are moving or anything from his hand whilst there's a pen in it or a keyboard under it...... all his S H I T (again IMO) about the medicinal benefits of Cannibis (of which I am sure & confident there are many) simply suit his agenda of pushing the stuff to make himself look good & squeeze money out of PI's on another one of the gravy trains he creates before he dumps it on someone else when he's bored or fed up with it going nowhere..... you've only got to read the Non Medical use posts he makes to understand that in my view.

LENIGAS TWITTER POST below:

This is amazing news for the Sonora #Lithium project, one of the largest rock lithium resources in the world. Fantastic for ⁦@CadenceMinerals⁩ and Bacanora. $150m project funding. Wouldn’t ha e happened with Cadence (REM).
https://mobile.twitter.com/DavidLenigas/status/1014757032254169088

....

https://www.asx.com.au/asx/share-price-research/company/AOU

Hi Addicknt....... no I always considered that BCN had a max 4 or 5 bag potential whereas REM a minimum 10 bag from .5!! .... courtesy of our BoD's performance I'd gladly take & accept a penny now....

... I thought I'd made that clear enough ... Sonora is the ONE & ONLY reason I'm still here when that goes I'll be gone with it ... whether that's made me any money or not now ... I don't trust the BoD, I don't trust anything Lenigas is involved in & as far as I'm concerned pretty much all thats been delivered since the initial Sonora Drill results & the related subsequent moves related to that is poor decisions, poor management, debt & dilution (actual & potential) significantly reducing the once great potential value that Sonora once held for us in my view to nothing more than 1p.....seems pretty clear & straightforward to me what about my position puzzles you?

... I guess I should add that unlike some I also don't trust Kiran 'Minigas' Morzario or the team of Minigases either... they have delivered, with the assistance of Lenigas, little except, debt, dilution & spin as far as I'm concerned.

I was thinking further the other day about the CLN & the number of 'early conversions' it potentially put a lot of shares in people's hands who could afford to drive the price down over time (short whatever) & then having made sufficient on shorts see whether repayment or a renegotiation gave them a further better outcome.... how many shares are still available for conversion after the renegotiation?.... not that it looks like there's a snowball in hells chance of a conversion at the moment .. so on the horizon:

1) Dilution & debt for San Luis (pending the long awaited licences)
2) $5.1M debt for Zulu.
3) $4M+ CLN repayment September (after paying down the interest bearing element over the prior 8 months)

Where will the funds come from if not a sale of something major?

...indeed Dallas... as I've said previously it is only Sonora keeping me here, if they sell it it 'should' only be for a really big wedge (sufficient for for my shiny 1 New pence) after that I'm gone & you can have the rest.

I say 'should' because I'm not sure this BoD aren't also capable of giving it away or having to sell cheap to fund the other stuff their puppet master has found for them ... or maybe, where we already are (or perhaps additionally) we'll be asked/needed/required to support further the companies he's a director of .... geez my distrust, dislike & disgust of Lenigas appears to know no bounds...

Hey Ivy .. no problem... you writing that song then :-)

Unfortunately & annoyingly I'm not in a position to average down at the moment otherwise trust me I would.... however it'd be based on my opinion or our Sonoran asset & nothing else ... we all have our opinions & views ... mine just aren't as palatable or popular as some....doesn't mean I don't see value here just not in the same way, the same reason or from same root cause as most..... including you apparently eh ..... LoL.

Yes... it's a positive RNS for EMH - doesn't change much though... even If EMH MCAP doubles overnight ( which it won't get anywhere near) what would that mean for us another 5 maybe 6M or perhaps or at very best .8 on our SP .... hardly anything to write a song about (except maybe for Ivy :-) )

It's a positive RNS for a company we have an interest in that's all - I'm not blind to any positives ... it doesn't come near to the potential value of our Sonora JV's as far as I'm concerned ... well only have a direct interest via EMH in Cinovec as far as I can tell

Indeed Mrs B.... increased TPA, decreased costs & even a one liner about engaging with the new coalition govt once formed... should see a reasonably positive night in Oz & tomorrow in UK... maybe there'll even be a small reflection of that here.... let's wait & see....

@degsie .. as I've said before options/incentives/rewards based on targets often pass without getting near them ... they just expire ... the targets announced just keep people quiet in the hope & belief that they're either realistic &/or are achievable Morzario knows this that's why they agreed to them in the face of pressure by investors 'representing' a holding of around or in excess of 10% of the company .... it's kept a lot of people happy hanging onto that carrot .... however not me ... in my opinion the only way this will now see 2p is if the Sonora JV(s) are sold which for me personally I hope is soon.

...without selling more assets or the JV(s) these new projects won't get anywhere near that in my opinion, even if they both come off soon I doubt we'll hold a penny for long assuming we even get close to that (which I sincerely doubt) ... too many will leap at the chance to get out, coupled with the costs & dilution ... by the time the dust settles well he lucky if it sits much above where we are now ... possibly even worse.

By the way Kiran being positive about Cadence & it's prospects shouldn't be such a surprise ... he's well paid well to be & would probably like to continue to so .... unfortunately he's also associated to Lenigas - which immediately makes me suspicious as soon as his lips start moving.

Noticed that MMS dropped another 12.5% today albeit on a relatively small volume ..