Member Info for degsie

National Grid says it can go 100% renewables by 2025 -see link

https://theenergyst.com/national-grid-says-can-go-100-renewables-2025/

FT today. Umicore of Belgium plans to have capacity to produce 175000 tonnes of batteries, trade at a forward earnings multiple of 27 times.
Unicorns.
FT April 1st.
Lyft valued at $22.4b. Loss making
Uber expected value $100b. Loss making.
Pinterest valued at $12b. halved losses to $63m

KDNC valued at £11m.

https://www.youtube.com/watch?v=Uu0Y-9_b4nM

a confident statement about ownership

Metals, through its wholly owned subsidiary, Geomet s.r.o., controls the mineral exploration licenses awarded by the Czech State over the Cinovec Lithium/Tin Project. Cinovec hosts a globally significant hard rock lithium deposit with a total Indicated Mineral Resource of 372.4Mt @ 0.45% Li2O and 0.04% Sn and an Inferred Mineral Resource of 323.5Mt @ 0.39% Li2O and 0.04% Sn containing a combined 7.18 million tonnes Lithium Carbonate Equivalent and 263kt of tin reported 28 November 2017 (Further Increase in Indicated Resource at Cinovec South). An initial Probable Ore Reserve of 34.5Mt @ 0.65% Li2O and 0.09% Sn reported 4 July 2017 (Cinovec Maiden Ore Reserve - Further Information) has been declared to cover the first 20 years mining at an output of 22,500tpa of lithium carbonate reported 11 July 2018 (Cinovec Production Modelled to Increase to 22,500tpa of Lithium Carbonate).

This makes Cinovec the largest lithium deposit in Europe, the fourth largest non-brine deposit in the world and a globally significant tin resource.

The prices recorded on share trades indicates that many of the sales are purchases- IMO,

I had not forgotten but I had read update issued on March 20th- see extract below.

"With the FS at Zinnwald on course to be completed in Q2, we will soon have a first independent valuation for Zinnwald which we are confident will far outstrip our current market capitalisation. Zinnwald however is one of two lithium projects in our portfolio. In addition to Zinnwald, we are focused on completing funding for our Sonora project in Mexico in Q2 2019 with a view to commissioning an initial 17,500tpa lithium carbonate operation and commencing production in H2 2021, as we look to unlock the US$1.25 billion NPV assigned to Sonora."

Market cap of BCN at current price is about £27m. Sonora has NPV of $1.25b (£950m) add in value of Zinnwald and BCN must have value in excess of £1b, There will be dilution when funds raised but present shareholders should see a large increase in value.

Thanks

Just checked share trades, There 3 recorded as purchases at 0.15 then 14 sales, 1 at 0.15p and the others at 0.15+.
Can that be correct?

Failed . Just search VOX

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KDNC starts at 27 minutes and lasts about 10 minutes

Well worth a listen.

But why are they here?

It bewilders me why all the negative posters remain as shareholders. I have met and spoken with KM on a number of occasions and although he has always been careful not to give me any inside information he has been positive about investments made by KDNC. The dealings with BCN puzzle me but the fall in BCN share price is due to the concern about price of lithium that occurred last year that now seems misplaced and waiting for funding to be concerned. The sales by KDNC were unfortunate but the Sonora JV is still in place. The EMH share price has also suffered from concern about price of lithium but also from concerns about Czech government. This appears to no longer be a problem as EMH has received a number of permits recently. There has been positive news from MMS- last week, AOU and CLY and the fundraising to pay for exploration expenditure on Australian lithium assets indicates that there is potential there. I also regard it as positive that KDNC can fund raise at 0.15p, the investors must have been told that the future is bright.

Bannor. Goodbye. Brexit

MMS could be the jewel in the crown