Member Info for Bannor

Arden project geophysical update... https://www.asx.com.au/asx/share-price-research/company/AOU

Some good slides in this & well worth a squint.... good presentation. :-) https://www.asx.com.au/asx/share-price-research/company/GGG

Spot on.... you & others can hang on to the 2.18 pipe dream, belief & hope that this Lenigas car crash & the minigases he left behind can achieve it.....I'll be out of here & won't be looking back....

Personally & this is the only time I'll give air time to talk of consolidations..... just ignore them please....... as I said it's just numpties trying to wind you up & fill the board with rubbish - as if there isn't enough already...

It's exactly the way AIM works that I reckon it'll take GBP80M don't forget how many options & warrants there are to be exercised on the way to a penny.... you're probably right though & if GBP40M would do it it gets my vote

GBP80M

Honestly... if I could get a penny a share for this at the moment I'd take it & sell up... in reality I think JV1 if 'sold' should easily cover that & then some ... I once had dreams of 10p here cut that in half & would now settle for 1p ... that's what the last 4 years of the boards achievements have done for me - simply cutting expectations into fractions of what they were....

OK I think I get where you're coming from.... disregarding the fact that it's not physically possible to be 120% down you are indeed closer to that fictitious loss percentage than you are to being 120% up which of course is entirely possible & given the right drivers & then some.... sale of JV1 anyone...

Now now I don't know whether you're being serious or not but if you're not yanking my chain it's physically impossible to be more than 100% down (ie every penny you invested is lost & the company's gone belly up) .... so say for instance you invest 100 sterling earth credits (pounds) at 1 shiny sterling earth penny a share & the shares collapse due to poor performance to .2 of a penny (see what I did there!) you a) down 80% down on your investment b) need a 400% rise to recover to a penny in a single day .. over multiple days the percentages will change ... like 300% day one followed by 25% day two will also effect a full recovery to the start point.

Now now Frankie ... with your background you should know you can't lose 120% of something LoL :-)

LoL :-)

....of course that's it a complete lack of interest thanks...... & there was me thinking no-one is buying & holders don't want to sell at these prices causing the low volume.

I'm not sure we'll ever get to know the truth the whole truth & nothing but the truth about the BCN debacle to be honest.... I'm not a fan of our current incumbents as you know other than I prefer them to Lenigas (just) & wish they'd put him out in the cold with the garbage & steer clear of anything he's involved with..... but as you say hopefully in time it will make little difference.... & I'd ignore the posts regarding consolidation it generally just comes from attention seeking numpties trying to wind you up..... which it has it seems :-)

LoL..... hmmmm I'm trying to think of the boards decisions that have made a positive impact to the SP since the announcement in 2013 of Lithium in the Sonora JV's....... hang on a mo..... nope got nuthin.... :-).... oh for the heady days of 3bn shares in issue & the possibility of just sitting patiently waiting for the JV's to kick in.... where are we up to now on a fully diluted basis 11bn? & if you're going to work it out give me the components values as well co's to be honest I can't be arsed - although I don't think there's much chance of most of the warrants getting exercised any time soon eh!

....you sure you want to discuss this with me Obs? LoL Given my previously expressed thoughts I'm not sure I could come up with much other than the 'pull out now' method so I'd be happy for the timeframes to lapse....... a kind of Miners interuptus if you like ..... I think we should leave something like this for a few years when we might be able to afford it better & with less dilution...... after all we both agree that it's unlikely we'll be waiting 6 or 7 years for JV1 exploitation or sale due to demand right?

.... & there we can agree again Obs - LoL :-)

Regard of course Kiran's going to be positive & upbeat about the future & KDNC he's the CEO & taking a salary to be upbeat, positive & promote the co.... I just wish he'd stick to that ......

Indeed Obs.... in fact I'm banking on mining or selling the JV's &/or news to that effect in the next couple of years... otherwise I'd have sold by now ... much to many's relief I'm sure :-)

..... the USD 15M CLN .... the warrants attached cost us an 'unexpected' USD 1.5M .... we had to sell a large % of BCN shares at 70p because we couldn't afford to pay it off.... when we'd not too much previously just paid GBP 4.5M for 4.5M of them from that very loan..... then we renegotiate the CLN so we have the same level of dilution for half the debt... fortunately & hopefully we'll be forced to pay it off before conversion ... especially as the likelihood of reaching the conversion prices seems as far away as ever at the moment.... As far as mistakes - as far as I'm concerned I can't think of a bigger one.... hope we get those Argentine licences soon the dilution & costs to proceed might give us something else to talk about eh :-)

Yes - l know when the year end is & what that means in terms of calculating worth however the current position & what our current SP is based on does not look so clever.... in the same way as I could say the value of my holding here in 2014 was 10 times as much as it is today : BCN ~ 8% = GBP 9.6M EMH ~ 20% = GBP 6M MMS ~ 15% = GBP 1.2M AOU ~ 7.7% = GBP .4M All above rounded up ... giving a total of GBP 17.2M if we assigned the cost value quoted to be accurate (& I am assuming because I don't really want to check) then that's a return of ~ 50% .... which on its own doesn't look to bad ... however when you consider the dilution & the costs associated to us getting there I don't think you'll find much in the way of returns for us as investors at all.... Coincidently reading back through the EMH announcements made me cringe when they were,referring to their major investor REM having a MCAP of GBP66M