Member Info for dssloan

Some buys showing as sells (on ADVFN anyway). My modest purchase at 9.20am of 1,074,792 shares showing as a sell....

Hmmm the massive Monday morning spike of........10%. Slightly disappointing damp squib. I'm sure even LTH's were anticipating being able to do very modest topslicing.

Dougal may be clutching at straws, but on ADVFN there is an utter numpty.

PWhite 73 writes "The deal involves the issuance of 29.99% of shares to Cornerstone in exchange for £14.4m.".
He seems to think "Cornerstone" is a company instead of a phrase being used to describe Ganfeng as a 'cornerstone investor"!
You couldn't make it up. Also shows how desperate or dumb derampers are going to have to be to rain on our lithium parade.

I had feared something of a damp squib... Gangeng deal being priced in etc. Pleasantly relieved, though BCN now constitutes 25% of my portfolio....a little unbalanced. I think some will be tempted to sell a few in the inevitable early Monday morning spike. Baffles me why people were selling this afternoon.....

Hmm, maybe slightly more than 'working days'. The DOCUMENTATION is due to be completed by June 28, but "thereafter" indicates a vague post-June 28 gap, so the signing etc. will probably be in July?

Albeit the link is from November 2018, still pertinent.

Germans have ambitious targets for battery cell production in Europe - to HAVE independence from Asian
producers.

Where are they going to go? Possibly good omen for

ZINNWALD
and
EMH's Cinovec

Here's hoping.

https://www.cleanenergywire.org/news/one-billion-euros-european-battery-cells-50-million-electric-vw/econ-min-altmaier-announces-ambitious-target-european-battery-cell-production

End of the Daily Telegraph article - raises theory of a Chinese blockade on lithium (alternative of dumping U.S. bonds would be a catastrophe for them).

https://www.telegraph.co.uk/business/2019/05/16/china-cannot-weaponise-us-bond-sales-without-shooting-head/

Hmmm, with a market value of $722,277.....not bad.

Glencore and BCN?? That would be interesting. Glencore's tie-up with Macarthur Minerals in Australia caused KDNC's massive spike last week..... But I would wish to see the link......

Evidently Cadence were selling Bacanora to increase their exposure to the Picasso Lithium assets in Australia from 4% to 24%.
Whatever their calculations on that asset, compared to BCN's Zinnwald and Sonora, their activities have taken some pressure off our company (though KDNC evidently still also have a direct interest in BCN's Mexican lithium assets as opposed to BCN in general).

A little deflating on the Zulu project....

Courtesy of the Bacanora Minerals board.

"Hard rock lithium grade/tonnage distribution - how does your investment compare?" (8 March 2019)
https://www.edisongroup.com/edison-tv/bitesize-briefing-hard-rock-lithium-grade-tonnage-distribution/

Hopefully not too much off topic. but BCN holders who also have an interest in PREM's Zulu lithium project may be feeling a little deflated...

Some very chunky buys this afternoon....GLA, including those, like myself, who are in EMH and PREM.

Looks like this still has legs,

The 46k trade at £18.35k and the similarly times one of 90k at £35.5k are certainly buys. Someone/some entity knows something. Looking quite perky here.....and about time!

Useful to read Fingersxed.

Interestingly, Matt Bohlsen, in the Seekingalpha report, notes at the end that they are LONG on EMH (though this is one of 19 lithium companies they are long on. (Nothing on my other lithium interests - BCN, KOD or.... Lord help us....TSI).

Relief around the corner I hope. Topped up a little at 0.13 to try and offset by disastrously timed additional investment at 0.26 a few weeks ago :(

Well, BCN is the only (modest) riser in my little portfolio. Everything else is down by a minimum of 6.2%, so a small crumb of comfort. Hopefully, stabilization has been achieved before the clarification/settlement of financing.

I was never overjoyed with us having to rely on Cadence (formerly REM). Even though Lenigas is no longer in charge of that, individually he was associated with Zulu. I am hoping that Roach's remark that they got the marketing rights back again from Cadence and the reference to something possibly better may augur well. Maybe, PREM might have engineered/preferred/tilted at easing Cadence away. One straw too many perhaps.

Excellent questions Degsie.

I bailed out of REM 2 years ago, but hold EMH, BCN and PREM so your questions regarding those assets are very apposite for me.

Just sent a tweet to the Slovenian PM, Foreign Ministry Twitter account and state secretary of the Slovenian Finance Ministry (restrainedly) berating the quagmire of red tape with a link to the AST announcement.

Maybe pointless venting, but what else is there to do? Remember the internet offering in November at 1.6p....Jeez....