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An article suggesting that oil majors will invest in alternative energy
“ The oil major with the vision to move first and at scale might be the one to win investors round.”

An article suggesting that oil majors will invest in alternative energy
“ The oil major with the vision to move first and at scale might be the one to win investors round.”

The FT stated that company needs to prove that it can extract lithium from clay.
The statement below is taken from recent Annual report and confirms that BCN has been doing just that for the year to June 2019.
Throughout the financial year, the lithium carbonate pilot plant in Sonora Mexico was operated on a “as needs” basis. The pilot plant produced battery-grade lithium carbonate samples which were distributed to potential customers in Asia as well as our FEED partners and consultants for detailed design and test work. The pilot plant enables us to optimise the metallurgical flow sheet and facilitate test work. In addition, the pilot plant forms part of our strategy to train operators in preparation for commissioning of the large-scale plant at the mine site.

Article about BCN in FT - column "Small cap focus mining".

Lawrence. A good summary of Cinovec. I know there will be dilution but the present market cap is only £23m against NPV of £1.108 B (£860m). A much better bet than Uber or WeWork.

Lithium Outlook 2020: Bottoming Prices Signal a Bullish Future
https://www.energyandcapital.com/articles/lithium-outlook-2020-bottoming-prices-signal-a-bullish-future/93883

Amapa. Forecast to have an average EBITDA of $136m.
Allow $36m for ITDA gives a net profit of $100m or £80m. KDNC will own 27% say £20m. Conservative valuation at pe of 10 - £200m but be cautious and say £100m. Market cap of KDNC is £9m

UK will have to spend £240bn installing an average of 4000 vehicle charging points and heat pumps per day.

Quarterly report next week.

The NPV of both projects is $1.7 billion -20 times the current market cap.

Good read.
http://www.branduk.net/aim-minnow-cadence-punches-well-above-its-weight-in-brazil/

Positive report
http://www.branduk.net/cadence-minerals-kdnc-hastings-technology-metals-asxhas-dra-pacific-awarded-epcm-contract-yangibana-processing-plant/

Obs. I think we agree that value of JV is at least £10m to KDNC.

Well worth reading Review and Chairman's statement - pages 1-3
NPV of Sonora and Zinnwald $1.7b. Considering a public flotation of Deutsche Lithium.
Market cap of BCN £63m

Tomcat. You are right ; I was being optimistic thinking KDNC might have a nuisance value but that is probably unlikely.

Bannor. I agree with your valuation of $45m for KDNC's share of JV but according to Annual Report " Under our estimation, The FS mine plan currently has some 12% of the plant feed being mined from the 30% joint venture areas owned by Mexalit." It says currently, nothing about in years to come. I'd like to agree that $150m to $200m for our JV is fair and reasonable but that does seem overly optimistic; I think $15m to $20m more realistic. Still more than market cap of KDNC.

From 2018 Annual report of KDNC
Under our estimation, The FS mine plan currently has some 12% of the plant feed being mined
from the 30% joint venture areas owned by Mexalit,
I

I would like to know value of JV to KDNC. Any ideas??
https://www.bacanoralithium.com/pdfs/Bacanora-FS-Technical-Report-25-01-2018.pdf
Report is 261 pages long and I cannot pretend to have read it all. Page 221 did grab my attention . The NPV8 is the gross value of $3.425B discounted at 8% for 12 years to give the figure of $1.253B . I am not sure I understand it fully but it does seem have enormous potential. A better investment than Uber??

https://www.bacanoralithium.com/pdfs/Bacanora-FS-Technical-Report-25-01-2018.pdf
Report is 261 pages long and I cannot pretend to have read it all. Page 221 did grab my attention . The NPV8 is the gross value of $3.425B discounted at 8% for 12 years to give the figure of $1.253B . I am not sure I understand it fully but it does seem have enormous potential. A better investment than Uber??

is due on Monday, Should answer a few questions,