Member Info for EV_Bull

https://www.mining.com/web/glencore-widens-review-of-assets-eyes-acquisitions/
"Miner and trader Glencore said on Thursday it was in the process of selling 10 more assets, putting another 15 under review and considering acquisitions as it moves to refocus its portfolio on what it termed “commodities of the future”."

Read in to that "future plant expansions" what you will
"the company has acquired an additional 500 hectares of land at the eastern end of the plant site location to allow for future plant expansions."
https://polaris.brighterir.com/public/bacanora_lithium/news/rns/story/xz95dlr

Ganfeng have indicated that they are going to scale up the project and accelerate construction, this means they will need the JV areas sooner than originally planned, making them more valuable.

A good discussion here:
https://www.reddit.com/r/CadenceMinerals/comments/qtpwkw/bcn_rns_sonora_project_update_ganfeng_expansion/

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"Ganfeng is reviewing a lithium plant production rate above the previously planned 17,500 tonnes per year."
https://polaris.brighterir.com/public/bacanora_lithium/news/rns/story/xz95dlr
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Ganfeng Interim Report 2021
"The Company will further accelerate the construction of the Mexico Sonora lithium clay project, endeavouring to make it a leading project in the field of extraction of lithium from clay across the globe."
https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0924/2021092400651.pdf

72.9% - Almost at the 75% where they can de-list which will force ISA and SIPP holders to accept.
I have no doubt Ganfeng will want 100% of this project.

More railway inspections by the municipality:

ORDINANCE No. 301/2021-SETRAP

THE STATE SECRETARY OF TRANSPORTATION OF THE GOVERNMENT OF AMAPÁ, in the use of its powers conferred on it by Decree No. 0795, of 03/26/2018,

RESOLVES:

Article 1 - DESIGNATE the Servers listed below, to travel from the Headquarters of their Macapá/AP attributions, to the Municipality of Serra do Navio, in order to carry out inspection and inspection of the buildings, sheds and equipment of the Railway Terminals of the Railroad of Amapá - EFA, in the period from 13/12/2021.

LAUROMAR SABADINE General Manager of GTTFCDS-03

JOYCE BATISTA DA SILVA General Manager GTTFCDS-02 Subgroup

It's a fake scam website that you linked to that's why, nothing is for sale lol.
Check their facebook link which goes to:
https://www.facebook.com/pg/stonecrusherss/reviews/

"Prootach On Comarec doesn't recommend Stonecrusher.
14 July ·
you are stealing other persons webpages you scumbags and you hope they will pay you 10x more for your thief activity... I hope you will regret for your greedy"

"Johan Meyer They stole ours as well and even the local authorities cannot help us. www.saemergencycare.co.za
Cannot believe these crooks get away with it."

Indeed but it's only an estimate so not something to get hung up on, still could be any day now.

It really could be any day now, especially with KM in Brazil (assuming he is still over there) and the courts requesting an update on the finalisation of the deal.

"we expect that, within 60 days, the contracts will be signed". (21/10/2021)

https://bahia.ba/economia/credores-bancarios-aprovam-plano-de-recuperacao-de-mina-no-amapa/
Published on 10/21/2021

All detailed here:
https://www.londonstockexchange.com/help/whats-issuer-profile-overview#what-is-trades-table-

There was an interesting point made by Howard Klein that if the production cost for Hydroxide is say $5,000/t and it sells for $20,000/t they will look to own the mines because it will give them a huge cost saving. If they need 50,000t/yr it would save them $750m per year so the auto makers (or battery makers) could easily justify buying a mine like Cinovec for $2-3bn because they will make it back in savings and secure the supply.

Yes, from a few days ago, there has been quite a lot of to-ing and fro-ing between Zamin and Anglo related to the succession and who is paying what, I don't believe it is material to us so agree that this one is just noise.

Have you seen this Dorman? Carbon Capture is also being looked at.
https://britishsteel.co.uk/news/zero-carbon-humber-bid/
https://www.zerocarbonhumber.co.uk/
https://www.zerocarbonhumber.co.uk/east-coast-cluster/

It means they have 10 days to respond to the court to inform about the finalization of the Agreement.

Let me say also that there was no sign of KM at Evangelical day, could he be in Sao Paulo where the courts and lawyers are?
Our Lawyer was in Sao Paulo last week too and maybe still is (based in Salvador), the banks lawyers are also in Sao Paulo as is the court.
Could explain the lack on interviews / media from this visit. Nearly there now in my opinion.

Statement of the Judicial Administrator about the matter joined on pages 21.601/21.604, in which it requires the subpoena of the Recovering Company and of the Banks Union to inform about the finalization of the Agreement.

The Recovering Company and the Bank Union shall respond within 10 days.

Kiran commented on it as just part of running a company in Brazil, seems like we're nearly there now though.

Very few will want to part with their shares at this price when they know what is likely coming in the next days/weeks, It won't take too much buying to move the price up significantly.

The good thing is that the project has been continuing whilst the deal is being sorted out so when we do take our 20% things are a lot further on in terms of PFS, refurbishments, hiring, contracts in place, quotes for the work etc. We can see that plenty is still going on behind the scenes, the dam maintenance underway etc to secure the licenses that pave the way for our 27% too.

Of course for the right price.
If we can add value by bringing it to production ready status first then I'm sure that's what they would look to do.
I am sure it will also depend on Indo's plans as a buyer like Glencore may want 100% ownership.

I agree Obs, once the deal is signed and the 20% taken, the 27% is a formality and should get priced in with £100m being a realistic ball park and heading towards the $660m (£134 for 27%) valuation as it heads to production, as to the 49% option we don’t know for sure if that cost is the $24m or negotiable, as Kiran said we have options at that point, be it a third party investing or debt/equity raise depending on how it looks at the time.

He did say he was looking to get the deal signed as soon as he “physically can” like is he there meeting with the lawyers and signing it in person?