RE: Oops!14 Nov 2021 01:06
Borderbob,
we are all in the dark as to the plans Ganfeng have, I'm out of BCN because my belief is Ganfeng will want to produce muliples of what's been published and the JV areas will become 100% Ganfeng - at what cost?
remember!
Mon, 1st Feb 2021 16:20
RNS Number : 6134N
Bacanora Lithium PLC
01 February 2021
Ganfeng is continuing to integrate its flow sheet for the production of battery grade lithium into the final engineering design and remains on schedule to deliver its final engineering packages to Bacanora during H1 2021.
They don't have 100% ownership so where's the plans?
I also believe there's a great number of BCN holders who are hoping to get the deal done so they can take a position here, of course if we get news elsewhere then they might well be locked out. There's also the Ganfeng Tesla supply deal that you can't rule out will be to supply Tesla in the US -
In 2015, the discovery of a massive lithium deposit south of the U.S. border led electric vehicle giant Tesla Inc. to announce a deal with Canadian miner Bacanora Lithium PLC. The automaker agreed to buy an undisclosed amount of lithium chemicals for its Nevada Gigafactory from Bacanora's proposed mine in the state of Sonora in northwest Mexico, creating the potential for a new branch of the North American battery supply chain.
Ganfeng 2021 Interim report:
Meanwhile, the Company will further accelerate the construction of the Mexico Sonora lithium clay project, endeavoring to make it a leading project in the field of extraction of lithium from clay across the globe.
They know what's planned from Thacker Pass - so I would say their plans are to be in the region of _________tonnes per annum?
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