Member Info for Citizenlane

out of interest, what else do you want them to communicate? The RNSs all seem perfectly clear to me. The deal with Gangfeng is all but done, just pending the timing of a board meeting. Yesterday's quotes from Gangfeng in particular cold hardly have offered a more watertight endorsement of the way this is heading. I understand there is a legacy of frustration here from last summer, but to me the board has played its hand extremely well to bring this partnership about.

gotta love a public service poster, just providing perspective out of the goodness of his heart

this drop is absurd if it is on the bureaucratic formalities of Chinese sign off as some suggest - and the relatively small volume seems to indicate that. 55p was obviously a stepping stone up, but I guess that leap will just be higher now. The fundamentals don't lie. Sooner BCN is off the flaky day trade mindset of AIM and onto the regular market the better. Patience will her way be rewarded imho

Seems worth bearing in mind that ganfeng has a market cap of $26bn, they are not insignificant players! And they see BCN as a cornerstone partnership for decades to come. Hard to imagine that a retake is not around the corner

you seem to be just stringing random finance type words together in the hope that they make sense Dougal. They don't bear any relation to the reality here. Who should we listen to about Ganfeng's confidence in the project and its funding? You? Or Ganfeng? It's not that tough a call

I dougal , give it up matey, we all look like clowns at some point, this is your turn... good luck with your other investments

statement said that diligence would be done by the 28th, so I would think next week more likely

Douglas, Not sure Peter Kay has much to worry about but have you ever thought of stand-up?

keep trying dougal, the desperation of the serial de-ramper is always quite amusing

Give our best to Trisse also

The six-week approval schedule is the statutory time frame legislated by the Central Committee of the Communist party of the People’s Republic of China for any foreign direct investment such as Gangfeng’s. Perhaps you should take your question up with the abd?

Sentiment won’t be so volatile when the Ganfeng deal is done, as I believe it will be in the next two weeks. There is still a small window where the likes of chameleon and his imaginary friend can make up numbers to suit their trading, but that opportunity will recede as BCN gears to production at Sonora and finalised plans for Germany. A couple of previous false dawns over funding make people particularly jumpy; those fears will be allayed in coming weeks and this will move closer to a fair value imho. Good buying moment still. Dyor

You certainly seem to know a lot about him and his gigantic funds...

Lol

MrChameleon, you clearly are also Trisse, which makes your endorsement, um, slightly less useful

500,000 buy from Friday will become more common over the coming weeks I imagine, this moves up fast when it moves gla

Prob best to identify such a project and invest in it then, hope it goes well for you

Trisse there are no sides, there are people who post based on facts and those who don’t. It is embarrassing to make unsupported statements like “Sonora economics not great” or “Germany not happening”. It is clear that the economics of Mexico are extremely favourable, and that Germany has serious and widely understood potential. atb

shouldn't forget that unfinanced this had a mcap nearly three times the current - the imminent derisking provided by Ganfeng will surely see at least a return to those levels when larger investors are able to use their funds here. dyor

by any normal calculation, once the agreement with Ganfeng is in place, it is certainly worth considerably more than 80p imho - that would mean a market cap of around £100m on an essentially derisked NPV approaching $1.6bn with highly competitive extraction costs and a secured offtake market for 10 years plus. go figure...