Thankfully no deaths or injuries reported
Appears to be a regular occurrence in that part of the world and I’m sure Leo will offer CERP’s services to help with any relief efforts...as he has done previously
I’m puzzled why you still post here 3yrs after selling up ?
I suggest you jog on...
Your previous post to this back in August sums up your knowledge of Cadence
If you check the date line BCN drew down the first $25M before they pulled equity placement ,I guess everyone in the loop thought a successful placing was a given
On a + note we have a blue day for a change
I for one would be quite happy for CERP to dip into the LIND facility especially with the conversion rate being 8p
Appears to be falling on deaf ears ...
+3.61%
A condition of qualifying for the freebie options which kick in at 0.92p
Now where is that Zulu news...are in or out ?
I say London,
Do you know the specific reason why the Director share program was implemented?
Batter late then never
Got me thinking ....fish & chips anyone ?
Lucifer lets me off the leash now and again
Well Leo sounds very certain we will be in “excess of a 1000 barrels” by year end ...4 mths to go & I bet 4p will be consigned to the history books
The first $25M draw down came before the placing was pulled,bet it took Rk by surprise as well <br /><br />“In July 2018, the Company drew down the first US$25 million of the RK debt facility. The Company's cash balance as at 30 June 2018 amounted to US$13 million, excluding the first tranche drawn down from the RK debt facility. The Facility is structured as two separate Eurobonds to be listed in Jersey:”<br />
First target is 0.92p
Much more achievable
Nextview didn’t ‘walk away’
They couldn’t stump up the cash in the time agreed and thus were unceremoniously sent packing with their tail between their legs
Unreliable partners we don’t need
Ramblings of a mad dog
The whole article is now linked on KDNC -
A secretive fund from Oman is in talks to buy a £50m stake in a London-listed lithium miner amid an escalating land grab for the mineral — a crucial component in electric car batteries.
The Gulf nation’s State General Reserve Fund (SGRF) wants to buy a chunk of Bacanora Minerals, an AIM-quoted company looking to raise £400m in debt and shares to develop a Mexican lithium mine, say City sources. SGRF is also aiming to strike an “off-take” agreement with Bacanora, securing supplies of lithium once production has begun.
The move comes as the demand for lithium surges due to an expected boom in sales of electric cars. China is scrambling to dominate supply chains for lithium and cobalt — another key element in car batteries. About half of global cobalt is mined in the Democratic Republic of Congo, where Chinese miners have sought to tie up supplies through investments and long-term deals.
Sources said Hanwa, a Japanese trading house that owns 9% of Bacanora, wants to commit £15m to the fundraising.
Late last year Bacanora tried to raise £31m from China’s NextView Capital but the deal fell through.
Bacanora declined to comment, and SGRF could not be reached for comment.
With such demand from off takers for a chunk of Sonora how about accelerating production from those JV lands?
Our 8% direct & 30% JV interests have just become more valuable
I think it’s another game changer from the BoD
San Luis & now Zulu
Another piece of the jigsaw enroute to 0.92p
I’m with you there Phil
When we went to the Scottish Borders last year nearly every village/town car park had charging points & many were in use
Change is happening fast ...
Hope it’s not Alan Partridge in the pear tree