Member Info for Bannor

...maybe it'll drag the EM2 SP up off its ar$e

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02712639-6A1168701?access_token=83ff96335c2d45a094df02a206a39ff4

LoL ... indeed ..... wouldn't be the first time there was a sell off somewhere on the back of a Kiran interview would it 😂 ..... 8.54p paid over on aquis!! ....can't be an RNS inbound as I haven't seen a 1 trade yer 😂🤣

Maybe some peeps think Kiran's going to make some earth shattering announcement later ....

..that's more like it at the moment 😆

Been dropped to 7.5p .... I'm still getting quoted 7.825 for 10k & 7.76 for 100k 🤔

I said 'not at this time' and to be fair is easy to criticise things that ended poorly after the event ...and I'd throw Celsius amongst some other investments we're no longer in into that mixing bowl, however there are some things we still don't know:

We don't know how Sonora will play out - I can't believe Ganfeng are just going to walk away & swallow the loss quietly and without a fight, that may prove beneficial to us

We don't know how Amapa will play out which could prove to be anything from a whimper to explosive for us depending on how it proceeds.

We don't know how Evergreen will pan out & on the plus side we can't sell them for another 18 or so months so at least they're safe for now.

We don't know how EMH will finish but to be honest I'm think there's limited upside there but potentially a good way north from where they are currently.

I said a long time ago whilst I felt there was the potential foe a good upside I'd stay and say it as I see it & I'm still here .,... for now at least ....to the disappointment & displeasure of many I'm sure but hey it's just an anonymous chat board that influences zip & I just like many here I could just be full of it.....

@ Huinhwa ..... you can dance, cut & dice as much you like the Iskander loan & the consequent activities & 'announcements' has been largely an unmitigated disaster in my view ..... I'm not going to keep responding to you on it as to be honest I'm getting a little bored with it..... but as a parting comment:

Prior to the Iskander loan we already held over 15% of both MIO/MMS & BCN, 16.5% of EMH & had 7.5bn shares in issue trading in the equivalent of a 60-80p range (approximately) now what has happened & where are we ....

AOU - in/out.... now zero

Greenland - gone

Leogang/Clancy etc etc - in/out ....now zero

MMS/MIO - increased to over 20%/out ...now zero

BCN - increased/screwed/out to zero missing the buy out

EMH - increased/sold down to 6.8% now ringfenced in favour of the Mezz loan.

HAS JV converted but clearly we've been selling down for loss on the conversion value.

EMH/CHR/MRZ/EM2 at or near multi year lows although MRZ have improved somewhat recently

EG1 is arguably a current/potential success (escrowed) but born out of a failed venture in Argentina.

We now have the equivalent of over 18bn shares in issue with a significant loan which will need paying back soon &/or potential further dilution along with a significant authority to issue significant shares in placings .... the Sonora JV's have been cancelled (at this time) & we're trading at the equivalent of £0.00075-£0.0008p

You can argue & dress it up any way you like, market conditions/sentiment blah blah blah but If not for the potential of Amapa (years away) & potentially EG1 (if it succeeds) holding candles for us it doesn't make for great reading does it .... the only 'winners' so far are the employee's of KDNC, their brokers & those who've been able to milk placings all of which has been at our PI's cost.

PMSL.... you mean the sale of investments we'd used the funds to purchase in the first place £4M for BCN sold for peanuts 😂

.....or less than £900k at current RoE if you want it in money & just under a contribution of £0.005 of our current SP

I see we've Already sold a bundle of Hastings shares then ..... 1.4% = ~1.8M shares down from the +2.4M issued 🤨

......& just where do you think the cash to pay back came from or do you think they've planted a money tree they can just harvest!! The cash came from a series of discounted placings to 'investors' after at least two restructures . .....scheduled to be paid back by ....wasn't ....now scheduled to be paid back by ...wasn't ..... you just need to check back through the RNS's .

I think those 'funds' were possibly linked to the remnants of the god awful Mexican loan debacle (my opinion) that stretched out over years with several renegotiations at huge cost & dilution to us all. I wouldn't be at all surprised to find out they'd all dumped by now & realised what profit they could.

@Maddog .... I've been saying & posting I reckoned 2027 for some time now just added another year ...... I don't agree with director changes at this time & I don't think any director has been "lying" to us .... perhaps overly optimistic, unwise & potentially ill informed comments & assessments but not lying & probably unintentionally misleading ..... not sure if that's better or worse though to be honest 😆

..... 12 months to complete DFS then say 6 (optimistic) months to secure finance then 12-18 months for repair/replace/refurbish we're potentially looking at 2028 for a fully functioning & operational mine that can 'start' to pay it's debts prior to reaping the full rewards some years later ........ and all I can think of is this nonsense (amongst other misleading/incorrect or just downright disastrous & costly announcements on a host of things) from the Amapa HoT announcement:

• Initial revenue from the project is anticpated to start in Q4 2019 from the sale of the iron ore stockpile currently located at the Port of Santana , Brazil.

• Potential for the mine and existing infrastructure to be brought to market swiftly with mining and processing anticipated to restart in 2021 subject to the grant of the necessary permits, regulatory consents and project financing.

God I hope they sell the whole kit and caboodle that's Amapa in the next 6-12 months ..... at 30% interest about $300M will do it for me.

'One Chinese supplier source said that they were recently told to wait on their plan to set up supporting production in Mexico:'

Ganfeng maybe 🤔

Now now..... HAS only need a 250% rise from here to get back to the share issue price for our equity swap ..... MRZ also up 12% on lithium project update overnight & now only need another 100% rise to get back to their highs of a couple of years back 😂

Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02707028-6A1166347?access_token=83ff96335c2d45a094df02a206a39ff4

.... looks like political interference maybe in the background as well as any commercial shenanigans .... China out Taiwan in ....hmmmm!!

Wouldn't surprise me at all if the battery & vehicle manufacturers haven't been making noises about how useful subsidised and/or cheaper local Li raw materials would be in their future activities and investments in Mexico .... but that's just the cynic in me perhaps.

LoL ... If only what they ever said was reflected in our SP 😂