Member Info for HoundofHell

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."

Talking of Twatter posts

“City Institutions waking up to Amapá potential”

29th May

Care for an update Kieran ?

3 posts ?

It means the company is going to be exceptionally profitable when it goes private-the fund raising done on AIM has served its purpose & now they’re off to reap the rewards

I have these in my ISA at 4p a share and it looks like I will holding shares in a private company outside my ISA somehow

After Circa 7yrs of holding I want at least my money back

ImIt means the company is going to be exceptionally profitable when it goes private-the fund raising done on AIM has served its purpose & now they’re off to reap the rewards

I have these in my ISA at 4p a share and it looks like I will holding shares in a private company outside my ISA somehow

After Circa 7yrs of holding I want at least my money back

It means the company is going to be exceptionally profitable when it goes private-the fund raising done on AIM has served its purpose & now they’re off to reap the rewards

I have these in my ISA at 4p a share and it looks like I will holding shares in a private company outside my ISA somehow

After Circa 7yrs of holding I want at least my money back

Perhaps he knows what EMH are lining up?
There’s usually only one reason to appoint WH Ireland as a company adviser & that’s to raise funds
“The Company has also appointed WH Ireland Ltd as its Nominated Adviser on AIM, which came into effect as of 1 January 2021.”

Placing incoming for EMH i suspect

Did Gunn see it coming ?
Hence the intention to delist- too much of a coincidence for me

Just voted against all resolutions with my whole holding

....these owe me 4p per share after holding circa 7 yrs

Wow indeed

I’m personally looking at Lithium America as a benchmark mark

Market Cap of 1.72B Canadian dollars which according to me is Circa £1B Market Cap?

BCN currently at £72M - so leaving any future dilution out of it for the moment we could expect a 14x rise here to get to that level

A 10 bagger from this point is achievable for the patient

Historical Amapá info found while doing a little digging:-

“Anglo American had acquired both the Amapa operation and Minas Rio in 2008 from Brazilian billionaire Eike Batista's MMX for $5.5 billion.
The company had Amapa on the block in October 2012 in order to focus on its much delayed Minas Rio - one of the world's largest iron ore mining projects.
Anglo American's internal assessment in 2011 had valued Amapa at $1.5 billion, which made its 70-per cent holding worth at least $1 billion. But the sale did not get the price since global iron ore prices have plunged since the assessment.
Amapá mine started commercial production in January 2010. Anglo American had last year raised output by about 30 per cent to 6.5 million tonnes a year, up from 2011 level of almost 5 million tonnes.”

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https://www.ft.com/content/8739e8fb-2700-42b7-a407-461428124885

Hong Kong-listed Ganfeng, which has agreements to supply lithium to Tesla and South Korea’s LG Chem, has grown rapidly over the past decade into one of the world’s largest producers of lithium through acquisitions of assets in Australia and Argentina. 

In May last year the company bought a stake in London-listed Bacanora, which is developing the Sonora lithium project in Mexico, the country’s largest lithium deposit. Mr Wang said the recycling plant could be near the mine, and both could supply the North American market with lithium for batteries. 

Knob

Will I do ?

Great news on Amapa hey MD38

Looks like the company maker is a goer and the reports out from the media read very nice

May get my investment back after all ...