Member Info for jimb2

Well, I'm glad to say there's a real positive mood over the last week or so despite the new posters failed attempts to discredit the value in our JV's - so after careful consideration I'll conclude things have improved since mid-September an so I'll still be posting and viewing posts from other valued contributors.

jimb2
Posted in: KDNC
Posts: 4,700
Price: 18.25
Strong Buy
RE: SP at last Podcast21 Sep 2021 21:18
Thanks @EV_Bull,

No excuse to be that bitter towards every other investor needs to come to terms with his own decisions, responsible -the ability to respond.

"its not the snake bite that will kill you, its chasing after the snake that will allow the venon to reach the heart"

look at that maddog38 - seriously - I'm done with entertaining you, apologies to other posters, I should practice what I preach.

I'll see how things look here in coming weeks and move on to a better regulated platform if things don't improve, well at least by
mid-November ;-)

So much on the horizon that could flip this big time in coming weeks certainly before year end. IMVHO

~~~~~~~~~~~

GL

@EV_Bull,

Yes, that definately crossed my mind and this gave me further reason to belive we don't know the full story or intentions Ganfeng have!

Already posted but worth more consideration:

https://www.nasdaq.com/articles/exclusive-top-mexican-geologist-touts-very-good-bacanora-lithium-deposit-2021-06-29

National Geological Service Director Flor de Maria Harp said late on Monday that the average amount of lithium found in samples reported by Bacanora Lithium BCNB.L, or about 3,415 parts per million (ppm), exceed typical concentrations found elsewhere in Mexico's mostly clay-based lithium deposits.

Her comments represented some of the first independent backing for Bacanora's claims about the concentrations.

"Bacanora is really a very good deposit," she said, adding that the service she runs has seen another ore sample from the same project that held some 16,000 ppm of lithium - a previously undisclosed number.

~~~~
My expectation is talks with Ganfeng within a couple of weeks of the Mexican sign off.

Also worth remembering Tesla had a supply deal with Piedmont that's now in doubt.

September 2020:

The initial five-year agreement implies that Piedmont will supply about a third of its planned 160,000-tonnes-per-year spodumene concentrate produce from its deposits in North Carolina. Both companies have an option to extend the deal for another five years.

August 2021:

Aug 2 (Reuters) - Piedmont Lithium Inc (PLL.O) said on Monday it will delay first shipments of lithium chemicals to electric vehicle maker Tesla Inc (TSLA.O) and that it does not have a definitive date for when deliveries could begin.

The decision was mutual, Belmont, North Carolina-based Piedmont said. Tesla did not immediately respond to a request for comment.

~~~~~~~

Tesla cannot gamble on supply with the planned expansion and Cybertruck, Tesla Vans and Tesla Semi, but reagrdless if we don't get Tesla their planned expansion will put presssure on global supply.

@Legalease

yes, I agree

BorderBob had some decent research he could call upon but he screwed up with the Ganfeng Thacker Pass involvement suggesting Ganfeng have no more knowledge than any PI - for an American with industry knowledge? --

'Computer Says No'

well KLUCK17,

apologies if I have read it wrong, I hope you are here for £1 being passed soon, I was also a holder of BCN and share anyones dismay with the low offer - Why is there still doubt that Sonora clays can produce commercially lithium carbonate/hydroxide?

That's the biggest failure I see, Peter Secker should have been all over the press with the results of what must be near five years testing - not just on an investors podcast or meetings but in every RNS.

If this goes to £1 it will be near five times more than you posted earlier -

you have cofused me for sure:

Observer842 forget your wish for " £1 today,.........." they have outsmarted us once more ;-)

so you seriously would believe Ganfeng will pick this up fo the current SP, why hold?

I'm seing sour grapes from BCN holders, that's a pity but understandable having to hold to get some return with the hope that the KDNC SP doesn't go north before they can get on board or add.

My stab at 70p by 16th looks to be impossible at the moment but that was prior to the Mexican antitrust approval suspension - I will revise antitrust approval + two weeks for Ganfeng and KDNC to begin talks - still another day of trading for Amapa.

Regardless in my mind this is worth £1 anyday.

Remedy applied, BorderBob is now sideshow Bob

still he did give us reason to respond yesterday to remind everyone how valuable Sonora is to Ganfeng and KDNC!

Extra land and this little nugget!

"Bacanora is really a very good deposit," she said, adding that the service she runs has seen another ore sample from the same project that held some 16,000 ppm of lithium - a previously undisclosed number.

Stick that in the calculations - will Ganfeng want to mine that area first, where is that area!

Seems Ganfeng are willing to pay to keep that info out of the public domain.

BorderBob should be up and about soon just after 6:30 in Phoenix, he is determined I'll give him that, but why?

tweet

nearly!

Interesting twet by Simon Moores on lithium demand from the COP26 - - too much to comprehend,

I do wonder if having one source for a battery cell is important for consistency, Sonora is high grade!

ssssshhh!!

https://www.nasdaq.com/articles/exclusive-top-mexican-geologist-touts-very-good-bacanora-lithium-deposit-2021-06-29

National Geological Service Director Flor de Maria Harp said late on Monday that the average amount of lithium found in samples reported by Bacanora Lithium BCNB.L, or about 3,415 parts per million (ppm), exceed typical concentrations found elsewhere in Mexico's mostly clay-based lithium deposits.

Her comments represented some of the first independent backing for Bacanora's claims about the concentrations.

"Bacanora is really a very good deposit," she said, adding that the service she runs has seen another ore sample from the same project that held some 16,000 ppm of lithium - a previously undisclosed number.

If you look you will find the Mexican governemnt has already confirmed Sonora is exceptional - they have teams of geologists looking at lithium resources - I think we have the jewel in the crown!

Collaborated with Ganfeng Lithium to develop and test process flowsheet. Flowsheet developed and tested with support from Ganfeng Lithium’s technical team and facilities to produce Li2CO3 from lithium-bearing claystone at an average recovery rate of 83% using conventional sulfuric acid leaching.

Ganfeng had a great deal to do with Thacker Pass,

Indepth knowledge.

Ganfeng had a great deal to do with Thacker Pass,

Indepth knowledge.

So I make it an additional five (based on year 15 plant size) seems to comfortably cover one square KM, 500 hectares = 5 sq KM.

So total 6 x 35,000 = 210,000t

But I would imagine the plant scale would allow for more capacity with shared plant conveyors crushers etc so perhaps 250,000t,

Could be double with different designs 1KM has lots void space.

I'm sure @EV_Bull can offer a better calculation!

Correction,

maybe 600 to 800 football pitches -

Something that might have been overlooked, tomcat-14 posted on BCN and this sticks out:

Earthworks surveys and geotechnical testwork 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.

Plant expansions

500 hectares is 600 to 800 football pitches!

To allow for future plant expansions - 500 hectares:

1235 football pitches

Jaw dropping expansion!

No mention of the battery recycling plant for ages, will they go for thr treble - lithium production, battery plant and recycling plant - with all that infrastructure!

https://www.elimparcial.com/dinero/Planta-Ford-Hermosillo-Mas-fuerte-que-nunca-20211113-0102.html

Congratulations on the Ford Hermosillo Plant since it has shown us throughout its history that year after year it reaps more successes and will surely continue in the spotlight as one of the best automotive factories in the country.