Member Info for jimb2

Thanks, @EV_Bull,

100,000 hectares bought and owned,

https://youtu.be/HVUnknlPxPM?t=708

Interesting!

Quality of Sonora lithium - this is a jewel in the crown lithium resource,

Peter Secker quality - 99.99 % battery-grade lithium carbonate that can compete with any lithium from anywhere in the world:

https://youtu.be/HVUnknlPxPM?t=505

So the pilot plant has been running for six years plus!

I think it's clear:

https://www.spglobal.com/platts/en/market-insights/latest-news/energy-transition/011122-chinas-lithium-carbonate-price-uptrend-set-to-continue-in-months-ahead-sources

And Joe Lowry,

no oversupply in the next five to seven years:

https://twitter.com/i/status/1480953683085045763

well that's a contradiction :(

"that more makes more sense to be realistic"

that makes more sense to be realistic!

GLA

@Observer842,

that more makes more sense to be realistic and if you look at the area assigned to the plant for stage 1 the turquoise area against La Ventana it appears to be about a third of the size so 875/3 = 291, so is it fair to say the total area will accommodate perhaps three plants of the current planned size?

La Ventana is north 875 Hectares (brown area planned cut)
Tailings site is central spanning Fleur, Fleur1 and EL Sauz (orange area)
The plant site is south entirely in Fleur 1 (turquoise area)

https://file.ejatlas.org/img/Conflict/5586/Mapa_Sonora_Lithium.jpeg

Good to have checks and balances from someone with a genuine interest.

An opportunity seldom comes your way like this:

https://www.reddit.com/r/CadenceMinerals/comments/s099dk/weekly_discussion_thread_upcoming_news_icymi/

:)

@Evans3020,

just following on from the weekend:

And what attracted our global lithium giant JV partner to Sonora:
High-grade lithium
Low cost – on par with brines
EASILY SCALABLE.

Eastern end of the production site 500 Hectares, that’s just under 300 football pitches

La Ventana is north 875 Hectares (brown area planned cut)
Tailings site is central spanning Fleur, Fleur1 and EL Sauz (orange area)
The plant site is south entirely in Fleur 1 (turquoise area)

https://file.ejatlas.org/img/Conflict/5586/Mapa_Sonora_Lithium.jpeg

And from the October 20th update:

Sonora Project Update

Lithium process plant engineering, from the Ganfeng team in Xinyu, is aiming for long lead items to be ordered for delivery to Sonora in late 2022 and early 2023. In addition, Ganfeng is reviewing a lithium plant production rate above the previously planned 17,500 tonnes per year.

Earthworks surveys and geotechnical test work are ongoing within the plant site area where surface vegetation and topsoil were rescued and removed. In addition, **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**

As a result of the ongoing COVID-19 related travel restrictions, the site earthworks engineering packages that had previously been rescheduled will now commence in December 2021, with civil and concrete works scheduled for Q1 and Q2, 2022.

The accommodation facilities for the construction teams are now being manufactured in Sonora, and the first camp units will be delivered to site in December.


####

Bacanora plans for the first 20 years of mining is common knowledge so why add the 500 hectares now?

https://youtu.be/e3yTED79Dhg?t=1337

Ganfengs plans are?????

isn't it odd @Barksy1,

that if we were to look at that slight different like for example as oil instead of lithium:

AIM junior KDNC 30% joint venture partner with Exxon Mobil on the world largest______ discovery have entered into negotiations :)

why announce that in October when they were clearly going to get 100% of Bacanora, 300 football pitches in area off the the original mine plan location to the lower end of the plant site - the new airport and town, Ganfeng will build a Chinese city in Sonora for that 250 year mine life.

'Welcome to FLEUR'

Battery recycling plant, Gigafactory and car plant(s)

Why hasn't anyone else realised this, beggars belief :)

welcome new poster, just a capital 'I' and that's a massive improvement, please share your research:

" i've seen around 60-80p after 2 years or so"

@bhargav4000,

31p v 73p still might be worth averaging down if it's within your means, I would expect your breakeven at 73p will be achieved soon.

GL

All this talk of being underwater, there's been many opportunities to pick up across the main three assets for LTH's and make good profit, I've done so and well above water:)

https://youtu.be/WQzLrvz4DKQ?t=182

Slide 7

https://www.lithiumamericas.com/_resources/presentations/corporate-presentation.pdf?v=0.28

:)

Timing, it could be ten years or more for lithium to meet demand levels, I've seen 2040 still showing a defeceit!

:)

@Zoom56,

The English version:

https://www.rocklandresources.com/latest

Yes, I do agree @Legalease that will give some welcome alternative newsflow from Sonora and worth watching,

I do believe our JV's are the jewel in the crown

Rockland Resources announcement

The lithium and mineralization values ??described in adjacent properties in similar rocks are not representative of mineralization at the Elektra Project, and the historical work and activities at the Elektra Project have not been verified and should not be relied upon.

:)

I do believe we have a significant development:

https://www.dossierpolitico.com/vercolumnas.php?artid=260081&relacion=dossierpolitico&categoria=292

Rockland CEO Mike England stated: "With work permits in place and surface access now secured, we are excited to advance the Elektra Claystone Lithium Project in Mexico. The global demand for battery metals is at an all time high, so our focus will be to advance Elektra rapidly in 2022. "
Rockland is assembling a team of industry professionals in both Mexico and Canada and is compiling all available historical data from the project to help determine a clear and concise exploration plan that is expected to begin this month

####

Our JV's are superior!

You don't want to be out of this at weekends :)

I think the value will be as Ganfeng sees it and their order book to supply and meet the capacity for their customers and that's why I posted earlier about the Millennial deal falling through, nothing to match that has been announced in the last four months, as many here see it our position has strengthened with the Amapa deal almost completed.

If you want to believe the initial twenty-year mine plan is still Ganfeng's intention then please explain 500 hectares being purchased?

Sonora will likely become a globally significant lithium project as Ganfeng have alluded to.

Twohits,

slide 10, 30% of the green area according to Bacanora June 2021

https://bacanoralithium.com/_userfiles/pages/files/documents/bacanoracompanypresentationjune2021.pdf

Perhaps Peter Secker could shed some light that we do have JV interests, although many on here believe we might see a ramp-up in production reducing time for our JV areas to come into play or just as likely Ganfeng buy our JV's and have a totally different mine plan - Fleur, for instance, becoming Stage 1,

Over to you Peter, please!

https://youtu.be/e3yTED79Dhg?t=1373

I'm pretty convinced :)

Well, you can't totally blame someone new and not fully aware of the Cadence JV holding, the latest corporate presentation doesn't mention Cadence - but slide 10 in the legend:

JV Mexalit Bacanora and rem
Ela Sauz and Fleur concessions

https://bacanoralithium.com/_userfiles/pages/files/documents/bacanoracompanypresentationjune2021.pdf

:)