Member Info for Fozdog

John sorry dragging it up? This is IMO impacting the stock price, don’t try and say it’s not relevant.
It materially is and it’s impacting investment in energy sector to Mexico. Regardless the project fundamentals a lot of people will go for li and energy in Mexico? Will pass for now.
That is incredibly poor to say negatives can’t be bought up and talked about. Can’t just hide views and facts as it doesn’t fit your rhetoric.

No that’s the understanding at the moment, won’t impact existing licences and with Chinese involved that helps.
However it’s not good for sentiment to the area and we can still be impacted whether it been some tariff or tax slapped on regardless.
It’s impacting negatively so you would hope AMLO realises that, no new projects being done etc. But again goes back to my previous comments I can see znwd ghosting past us simply where it is.
It’s still not good for sentiment and hasn’t been for a while now regardless the endless only positive stuff posted here.
I remain of the opinion this is what’s causing us to lag peers and everyone else and will remain the case till through it.

No one is concerned about lithium demand.

AMLO is getting extremely concerning again and that for me remains the reason we are struggling to rally.

https://www.spglobal.com/platts/en/market-insights/blogs/oil/240321-mexico-energy-oil-amlo-reform-nationalism-investment-upstream

100% agree nomad

Look at historical pricing for June till sept it didn’t move, then everything utterly ramped higher like any “risk” asset.
It was never a fundamental move back then.
There isn’t any new news to make this move and it’s not on enough listings to make it in focus. There are some small bumps / hurdles such as AMLO/midterms to get past also.
The markets and stocks are very technical, predicated on where flows go. If this was on Nasdaq we would be in 60-70s imo.
R7632 Analyst came out saying Tesla could be at 3000 by same time as this...so it’s not really good value for money is it comparatively? That’s 5x and your targeting 2-3x return.
Quantum scope is doing a large capital raise. These are all ev companies with huge upside also.
TGA drawdowns are $600bn and on $60bn equity inflows the s & p still can’t rally, add in Biden talking 3bn package.
Znwd market cap has gone up over £10m since cap raise, that’s circa £5mn to us. Are we reflecting that at all? No.
Ironically though I can see znwd moving quicker with more short term upside simply due to where it is.
So I have to put bcn down to Mexico right now.

There’s nothing manipulated on this share price but there’s posters on here daily touting same stuff. Step back and leave it if it’s long term, for months now come up with nothing new.
I still think it’s got issues with Mexico mid terms and clear that could be a decent help, and I think it’s needs to get another listing ie Nasdaq.
Other than that sit back and stop moaning either stick with it long term or realise how much it’s cost you being so emotionally attached. I’m no better to be clear but Iv called this 2023-4 dividend share and sitting back. Not watching daily moves tick by tick and complaining it’s not going up. New tax year, I’ll be filling my isa with more

3 months till G7 summit in Cornwall...how I’d love for a bacanora update followed by G7 countries committing to lithium and renewable quicker than ever...feel like this will drive the next bounce.
Just imagine...timed that with a listing on the Nasdaq? It would be almost like our ceo has got savy.

hi Dartron
I didn't say they wouldn't get the license but that is the one thing you don't jeopardize here...the ability to get it when already have it. 0 of 100% is lot worse than what they have at the moment...
AMLO isnt the most stable, mid terms coming up you do not ever endanger these at all. It's just not good business and as ruthless as Chinese are they aren't reckless, imagine Ganfeng did this and China didnt sign off on it?
I just think you are totally speculating, I could do that on every company in the world.
Iv just searched ARCM holders list dont see anyone near the same position as M&G. Its not even comparable.

I am so bored of seeing this takeover chat on here, they just went from paying 25p to 45p and not once gone at the 30% threshold to trigger a mandatory takeover bid within 12month....they have been so clear in what they've done in % terms of ownership that they aren't going over that.
They have been so precise on not getting to 30% and leaving room for whatever reason to prevent them getting to that mandatory bid.

Id prefer to hear on speculation re a new listing like Nasdaq (EMH) and tbh I wish Seckler would start working for shareholders on this front. Maybe Ganfeng dont want the publicity on the company? who knows.

Daltron the Chinese do need someone else to get this done - let’s not forget the absolute key issue here you seem to be missing is the licenses.
I would suggest reading up on the take over code.
They’ve bought a strong stake in bcn for a fraction, they have the off take agreement. They are controlling in the essence off the offtake agreements .
If they want complete control as you put it they need to first acquire 30% of bcn something they have been avoiding to do. Trigger a mandatory bid. With m and g holding and significant pi plus some other strong holder post placement they will not get close to this being approved. I’d expect they would have to pay close to £2. Why bother?
They then have a controlling stake in znwd, they then have to stump loads more cash to buy bcn and load more risk to achieve barely anything more than what they have now. They also need sign off from guess where China and the uk given listing.
I’d also hazard a guess than an ownership change could impact licences.
So they absolutely 100% need bcn and it’s large shareholders such as m and g who could easily consortium with other shareholders and block ganfeng from many things.

Hi John, not sore much 'problems' I mean sentiment towards Mexico.
We can go on about the cost element, the reserves, the fundamentals of the actual mine and everything going into from Ganfeng to capital we have is not the issue. Nor is the long term viability of the project or the cost per ton, or the offtake or anything! We can post a million articles about transitioning to EV etc.
However......
We cannot rally!!!....lets face it we can't. Even good days last .... 1 day then were back to dropping again.

Yes loads of LI companies are down but we are seriously struggling to rally, im not saying it doesn't come good soon but if I had to take a view point on what people are starting to avoid? Emerging markets with rates move., Mexico with Mid terms.
I don't think an EV factor article about Ford building EV's in mexico is going to change our SP anytime soon....You could argue even if costs more to mine prob get a lot more SP performance from Cornish Metals/Lithium with Aston Martin committing to building EV over here....
Not saying its right just my opinion....we aren't going anywhere fast ahead of Mexico midterms and debt concerns on EM.

John I am starting to think where as we really should have had a bounce from Trump going, the issue here is Mexico. Then potentially contagion from Brazil.
I am really now feeling given likes of Emh, Znwd this is due to country risk than anything else. Not talking about security regarding cartels or being concerned about the licensing agreements....but looking at some companies that get caught up in Mexico we seem in the same problem. Mid terms are coming up, sure I'm speculating a bit here but if we were LAC and in North America mining....we would be more like £1 now.

John I get that positive news flow is dime a dozen in renewables and same thing post the budget nothing really bounced in green. Its a bit like when people post on here 'big buy' 'cant buy any' loads of buyers and were still lower. Boring.
We keep talking this up as the answer to all things Ev and lithium it isn't the sole thing out there even if it's one of the best. Its a great asset still with risks but either accept its a 2023 trade or don't.
When the global markets are selling off on all things PE related that are way too high, not justified their earnings we count in that basket.
This is going to take months to get where we want to and we are very reliant on the news flow into production. We all know the EV future but NPV this to now going to take some time to get this going.
Its a buy sub 40 i but im bored of chasing it now I have 100s of thousands in here, ill wait till it becomes a dividend stock and just sit back collecting.

Not sure I agree John, were here because its not trading on news flow and there's much better interim opportunities.
We've traded in a 10% range for over a month, Tech stocks whipping around more than that in a day. QS US was down 10% alone yesterday for eg. If you asked me in owning this v reopening trades over the next month....it would be elsewhere. This isn't suddenly hitting 80p anytime soon. If it does great got a lot of long tern holding for 2023 to enjoy sitting on.
I haven't even looked for most this week which is what supposed to be doing on long term holdings.

Not read it but id assume some value to Znwd?

adding at sub 40, not going to wait for ISA will add more then. Should get a bounce soon in markets.

I really don't see Gangfeng buying in the open market, is not their remit and do they really care for owning another 1% of BCN when secured 50% offtake? No.
Think best to leave that one alone, and even if do who cares? Its a few % more it doesn't mean we fly back to 65p!
Markets are choppy, were going through bit of rerating, growth stocks taking some pain is what it is.
Can post every positive Li story in the world, this wont rerate for a while but when it does it'll be worth the wait.
Think sub 40p nice to top up into just think from here going to keep 25k back for when can stick it into ISA.

What a load of garbage. Iv just bought up graph for GGP (Greatland gold) errrr what share price flux? Its basically flat lined then spiked. Doesn't look anything like BCN.
Maybe understand some of the investors we aren't saying 'worried' about share price variations we are disappointed with BCN performance on a relative value basis and how they went about achieving this placing.
Its like saying you know I had a look at Bitcoin, believe there was a place for it but sold out at 10K now its worth nearly 50k.
Guess what I'm a long tern holder, and guess what I'm disappointed.
Do you not get that there have been better opportunities in the short term and we have underperformed therefore we are disappointed? It has nothing to do with future end asset. I still think post CNY gangfeng stock outperforms Bcn. That has NOTHING To do with day trading.

Yep Newboy not been impressed either. If you ask them I reckon they will give some flakey comments about all lithium miners being off etc....With our amount of stock out there even assuming 50% held by M&G, gangfeng makes us a liquid name to measure risk sentiment by.
Maybe its about time the board and Secker buy a solid amount to show support?

Newboy I’m as frustrated as you, but they haven’t driven all value out the company they have caused us some pain agreed.
However I do feel like this is the first Time in 3 years secker has pushed on with site straight away rather than more guff and delays. Maybe the Chinese driving this is causing a lot more rigorous timetable. If this is a great reset or 4th industrial revolution or whatever change you can call it China will want this mined and producing Asap.

Just hazarding a guess here....not sure the cartels would want to waste their time and resources on attacking a Chinese company with Chinese nationals for a tiny pay day. This isn’t France that will idly stand by and pay up, attacking China could result in a lot worse repercussions than even America.