Member Info for Bannor

http://www.carsuk.net/zipcar-launching-fleet-of-325-electric-vw-e-golf-in-london/

Fortunately he hasn't got too many other directorships to distract him!! http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/HER/13660038.html

For a capital raise....

Hmmmm.... my only concern here is that post (translation!) appears to make it look like financing is sorted, agreed & signed off which I don't believe it has yet .... not that it won't happen because it will..... but I think the writer of that article might have a slight case of 'premature exclamation' if the translation's accurate.... the article is dated 15th May & infers it was sorted the week before however from BCN's financials on the 24th May : The current timetable for the plant construction IS SUBJECT TO COMPLETING the US$420M project financing strategy and final Board approvals - schedule will be updated at the end of the FEED process. As I said personally for me it's just a matter of when financing is sorted (& that's soon IMO) but I'll wait for BCN to announce it's sorted before I believe it is.

You're looking at a loss of what �30 including fees ... against a potential ????? if the right news dropped Thurs or Fri ... well worth the risk if you ask me & possibly just an educated gamble ..... lost �30 on this machine in the casino this week but don't be surprised if it happens again next ... just my opinion though..... :-)

Just older models that don't meet the latest emissions legislation but it's a start.... http://www.dailymail.co.uk/news/article-5761711/German-city-Hamburg-restrict-older-diesel-vehicles.html

Ah Obs ... a subject we can agree to agree on eh the ultimate value in this share being in Sonora....... if we didn't have that we'd be consigned to an eternity of disagreement... just a shame there's so many unnecessary shares in issue or 'to be issued' (although reducing some monthly now!!) ....all your calculations on Sonora could be potentially have been on a much smaller number ... still that's where any agreement we might have has ended eh LoL.... Can't you make your sums for Sonora get to a penny & with certainty when & I don't mean based on this or that happening with a load of caveats & provisos just a date will do ... Hmmmm thought not .. just playing if we could do that investing wouldn't be anywhere near as costly & time consuming as it is eh :-)

Woof woof ... pant pant pant... rolls over for tummy tickle

Quelle surprise.... No reduction in KM's salary 2016 - 2017 ... was that your.understanding then Obs? End of year 2017 to 2016 - less cash, less assets, less profit. They're now indicating the increased share based stakes in the San Luis prospects in monetary terms rather than the 'agreed?!' volume of shares as shown in the table in the original announcement ......hmmm ......depending on what happens to value of our SP between taking our stake to 20% & then from 50% (assuming it doesn't turn into a white elephant) .... intentional or more smoke & mirrors? Yangi... nothing for 10 years maybe nothing for 20 years & people wonder why no value is attributed to it.

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

Don't the warrant options attached to that self inflicted headache also expire in Aug this year as well .... if we can stay low till that's passed it also reduces potential dilution a fair bit as well ... that can't be a bad thing either....

..... with a bit of luck (& a big IF anyway of course) the SP will stay below .35 until after the CLN expires & we've repaid it in cash instead.....

Year low..... fuming :-{ So much for averaging 'down' in the mid .6's......

Unfortunately it looks like a decline might be more on the cards than a recovery at the moment ...

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

Hmmm yes maybe it would be better forgotten....... don't talk about so the new & young blood don't hear about it huh & then all hail Kiran rah rah rah...LoL. ...and you're correct in that there's nothing you or anyone else could say that would make me think the TO bid was a good idea ... with either what's known now or what was known then...

Obs - I would also add that I believe our vote against the original BCN redom was more likely as much to underpin our pathetic, ill judged & poorly presented takeover attempt as it was to protect our interest..... however that doesn't sound so good as a reason for voting against does it especially considering the spectacular fail it was & what has led in my opinion ultimately to the real sustained damage to our SP - hence why it's been put forward by Kiran in the way it has so that it appears better to PI's.

Hmmmm... fair point.... let me clarify that if we get to a penny without exploiting or selling the Sonora JV's I very much doubt I'll sell... I'll take that under review at the time & the reasons behind hitting a penny.....

That was my point Obs.... by unnecessary debt I mean debt taken over & above that required to protect our JV interest .... if indeed that needed protection.... after all we only have Kiran's side to that & there's no knowing what BCN were planning... however caution first .... as I said there's still good money to be made here at the moment & in my opinion when that changes so will my position ... either out because we've reached a shiny penny or because they've stuffed all & any chance of recovery.... I'm not expecting the latter but this BoD's record so far doesn't preclude that possibility in my view.

.....strangely I don't recall anyone saying that Lithium (&other battery metals) weren't going to be in huge demand or that there isn't an EV & energy revolution happening around us as we speak or that Cadence didn't have some potentially very valuable assets ... so I would what agree with the likes of Tony Seba, S curves, the ever rising price of battery metals & exponential demand growth ...... Where you've got me nailed is I think our own board are out of their depth & have made some very poor decisions & moves (many DL related) ..... presided over unnecessary debt & dilution which is reflected in the constant decline over the last 4 years & the present SP. I believe we won't be waiting 6 or 7 years for Sonora JV1 to be exploited earlier than currently planned or instead sold .... I also think there is still good money to be made here (at the moment) but that is despite our board & their performance not because of it.