Online voting out now…Just voted my whole holding against
**** the ****s
The two resolutions you have voted on is all you can do for now, the other votes come later
I’m with AJ Bell and have voted the same as you but there’s nothing more to be done at the moment
Without Colin ore-Ewing there would be no Sonora BCN are wholly out of order pursuing this ...good look to the Ewing estate in fighting this corrupt management
500k @ 3.199p
Delayed for close to an hour
McNulty pumping it out on his Twitter feed today
Buying in at sub 3p and unloading at 6p no doubt
Exactly right mrcautious
I voted against every resolution and will continue to do so to overturn this corrupt and spineless board
I suspect mrc that the recent placees @45p new of the impending offer of 67.5p hence they were jumping all over themselves to get a piece of the action (oversubscribed I believe they said)
So I suspect those institutions are happy with the quick win and will cast their vote accordingly
Just hope Hanwa and other long term institutions have the clout to vote this down or force a higher offer
I emailed BCN with my complete dissatisfaction of the proposed offer for the company by Ganfeng having stated that I am a long term shareholder since the AIM listing investing at significantly higher values than the proposed 67.5p
Response as follows :-
“Thank you for your email, it has been noted and forwarded.
Please note at this stage, this is a non-binding possible offer and there can be no certainty that an offer will be made. If an offer is made, a further announcement will be made which will include the Board’s view on the offer.
I understand more details will come in due course so please do bear with us in the meantime.
Kind regards”
So I would advise any concerned shareholders to contact them on their email link on the website to air their views
I’ve high expectations for next week
Hope Kiran is choreographing those expected Rns’s
20% Ownership
Swiftly followed by 27% Ownership
Second shipment of Ore
Scoping study
49% Ownership
Nothing like building momentum
I think there was a sizeable contingency $ built into the recent financing
Talk of placements further down the line at this point is absolutely barmy
Value enhancing Rns’s will soon start heading our way as the construction progresses
“The Company has a strong cash balance of US$44.4 million as at 30 June 2020.
· The Company retains its US$150.0 million conditional senior debt facility with RK Mine Finance, signed in July 2018, to finance the development of the Sonora Lithium Project. US$125.0 million remains to be drawn.”
“existing shareholders”
AJ bell advise they will always show zero value as they cannot now be valued
If I asked AJ bell to value them they would charge a fee for the privilege of doing it
The only way to sell I believe is when OCT have set up their internal process of matching buyers to sellers or when/if OCT make an offer to the existing sellers
I’ll be holding mine to collect any annual dividend and just sitting tight unless they pay me the 4p I paid Circa 7yrs ago pre consolidation
Sudden drop of the drill bit of about 1000ft & the guys got covered in cold runny black stuff ?
From Nov RNS
Mr Wang Xiaoshen, Deputy Chairman of Ganfeng said:
"We have been working with Bacanora on the exciting Sonora Lithium Project for over two years and are delighted to be increasing our investment in what we believe to be a world class lithium project. We continue to support the Company with its engineering and technical development at Sonora and look forward to commencing project construction in 2021, with a target of production in 2023."
“Leo resigning - must mean there is Oil25 Jan 2021 08:06
Leo resigning, that can only mean that they have discovered oil.
It's another positive sign
It's another positive RNS”
Prior to the delisting announcement this was in the 2.0 - 2.2 p range
I expect this to be a minimum offer price & let’s not forget the suspension came literally days later which trapped the whole shareholder base
I reiterate I won’t be letting mine go for less than 4p/share - my break even price
As a private company this business will be a massive cash cow with regular dividend payments and I will be more than happy to sit on these indefinitely
Nothing at aj bell either
Yours in an isa or a standard share dealing account?
100% agree mrc & maddog
I challenge anyone when they buy anything to see where it was made - if you can find anything not made in China it will be the exception to the rule
Something I’m beginning to see a lot of “designed & engineered in the UK” but made in China ( a nation of counterfeiters)
The board would like to thank themselves then ...
The Board commented:
"The Board would like to thank Shareholders for their overwhelming support. As previously stated, we intend to implement a matched bargain facility for trading in our shares post our re-registration as a private limited company and we will release more details of that in due course. The Company is optimistic about this new stage and about the new business initiatives that Global Investment Strategy UK Limited's management have already put in place."