Member Info for jimb2

Oh, yes 50% of stage 1 September 2021 corporate presentation slide 8

https://bacanoralithium.com/pdfs/Bacanora-Company-Presentation-September-2021.pdf

10 year Off-take agreement and equity partnership with Japanese trading group Hanwa for 50% initial 10 years
of Stage 1 production

Now, is that a max of 10,000 tonnes?

• 28.88% investment by leading producer Ganfeng Lithium
at PLC corporate level and 50% investment at Sonora
project level
• Long term 50% off-take for Stage 1 and 75% off-take for
Stage 2

Yes, I know but it could be read either way @observer842:

Milestone Off-take Agreement for up to 100% of Li2CO3 produced at Sonora:
Hanwa to purchase 70-100% of lithium carbonate produced during Stage 1
Tonnage based contract for battery grade lithium carbonate at market pricing, with final pricing to be finalised prior to commencement of production Option to increase the off-take tonnage by up to 100% at Stage 2 production

Have terms changed?

@observer842

Hanwa say they will be taking 18,000 tonnes from 2023, that doesn't seem fair 20,000 - 18,000 -- only leaves 2 for Ganfeng!

Page 10 - MTP

https://www.hanwa.co.jp/ms/data/pdf/ir/20210115en_3669.pdf

smrrty, that's a total filtered I take it?

we were giving figures for a single page from todays posts - LOL but I am impressed with a total of 86 you seem to be in the same ball park as me, I do believe LSE purged a number of accounts at some point last year so accounts for my drop from 100+, but to be serious it serves a purpose rather than exchanging expletives and idle threats of violence together with misleading information and the will to spread fear should be the preffered option.

Most of all as Ivybush has commented on " Makes the BB much more palatable--and informative, which is the purpose, I assume"

You know worst of all is the armchair CEO followed by the multiple aliases who only seem to appear to support SP bashing. bod bashing or the geniune straight contibutors - well we all know as the SP gets back to the recent highs they will appear less and less.

Until then it's up to the SWAT team.

https://inf.news/en/auto/374f5461380075aa810ec45200df2c06.html

BYD says the new platform 3.0 will enable range of more than 1,000-kilometres through a new electric powertrain and a 20 per cent increase in the thermal efficiency of the batteries. It will boast acceleration of 0-100km/h in only 2.9 seconds.

That's Tesla Roadster performance and range.

620m+ range

yes tomcat-14, now is that tailings or iron ore, some find it difficult to come to terms with a slip up in a podcast.

https://uk.finance.yahoo.com/news/catl-said-mystery-bidder-canada-173620499.html

Just the start, three in the ring - Kiran, get an interpreter on the ready!

Seems we have the same filter criteria @Ivybush, absolutely agree the experience here with all the aliases in play would drive the genuine posters away without the filter.

I deduct from your count that you have established the good cop bad cop collaborators!

Still it won't be long now they will have no purpose once the correction occurs.

March 2018:
Morgan Stanley forecasts the price of lithium carbonate will fall from US$13,375 per tonne to $7,332 per tonne by 2021, and then towards its marginal cost of production at $7,030 per tonne thereafter.

They also said lithium:

spot lithium prices to fall by around 45% by 2021 on the back of around 500,000 tonnes per annum (tpa) being added to global supply by 2025.

SMASHED ALREADY but the market hasn't caught up!

DYOR - Disruption don't miss it -

@observer842 fastmarkets Friday I'll take a punt at 11% increase WOW

@Ivybush,

anywhere near that? up 3 from yesterday, it's following the same j curve as lithium pricing!

any coincidence.

Three years of pain and the analysts got it wrong by a country mile, their 2025 forecasts have been smashed this year in China alone,

https://www.linkedin.com/pulse/morgan-stanley-claims-lithium-price-plunge-45-2021-power-more?articleId=6375049628567502848

Over in China, BYD shares, a major Chinese battery and electric car maker fell 3% but continue to trade more than double their price in 2015. Morgan Stanley’s report goes on to forecast spot lithium prices to fall by around 45% by 2021 on the back of around 500,000 tonnes per annum (tpa) being added to global supply by 2025.

https://www.scmp.com/business/companies/article/3148669/chinas-booming-electric-car-market-prompts-lithium-producer-and

China’s demand for lithium carbonate equivalents (LCEs) have soared fivefold this year to 668,900 tonnes, from 132,900 tonnes last year, according to Haitong International’s research report in May.
“EV batteries will be in high demand, and a supply shortage can be expected if the major battery manufacturers and material suppliers do not actively expand their capacities,” said David Zhang, a researcher of automotive industries at the North China University of Technology. “Leading players have better opportunities to chase the rapid growth in the coming decade.”

And why Ganfeng are getting Sonora cheap!

That’s 500,000 plus tonnes added to China alone so far in 2021 – so globally by year end ____?
Morgan Stanley forecast LCE 2021 in march 2018
Morgan Stanley forecasts the price of lithium carbonate will fall from US$13,375 per tonne to $7,332 per tonne by 2021, and then towards its marginal cost of production at $7,030 per tonne thereafter.
Nearer $20,000 at present!

Remember @observer842 and other lth's when we said this was ridiculous at the time and was part of the decline in lithium prices - three years of pain and lack of investment March 2018 -

https://www.linkedin.com/pulse/morgan-stanley-claims-lithium-price-plunge-45-2021-power-more?articleId=6375049628567502848

Over in China, BYD shares, a major Chinese battery and electric car maker fell 3% but continue to trade more than double their price in 2015. Morgan Stanley’s report goes on to forecast spot lithium prices to fall by around 45% by 2021 on the back of around 500,000 tonnes per annum (tpa) being added to global supply by 2025.

That figure has been reached in China the year ''SO FAR'

And we wonder why Ganfeng look to be getting BCN for a steal, good news for us for a very long time to come I would hope - PANIC if you need lithium the analysts came from KODAK!

China’s demand for lithium carbonate equivalents (LCEs) have soared fivefold this year to 668,900 tonnes, from 132,900 tonnes last year, according to Haitong International’s research report in May.
“EV batteries will be in high demand, and a supply shortage can be expected if the major battery manufacturers and material suppliers do not actively expand their capacities,” said David Zhang, a researcher of automotive industries at the North China University of Technology. “Leading players have better opportunities to chase the rapid growth in the coming decade.”

Three years of being shelved:

https://www.scmp.com/business/companies/article/3148669/chinas-booming-electric-car-market-prompts-lithium-producer-and

Tianqi Lithium Corporation, based in the Sichuan provincial capital of Chengdu, was given the go-ahead by its seven-member board to offer 20 per cent of its enlarged capital in an initial public offering (IPO) in Hong Kong, reviving a plan that was shelved three years ago.

At present, lithium-ion phosphate (LFP), nickel-cobalt-aluminium (NCA) and nickel-cobalt-manganese (NCM) batteries are the main technologies adopted by the world’s major EV companies.

Oops, half read your post, @EV_Bull, but mine was definately deleted a few weekd back.

@EV_Bull,

that was also posted 4th March by DizzyG on MXC, I did post his account but it got deleted obviously it hit a nerve 'HE GOT CAUGHT'

https://www.lse.co.uk/profiles/dizzyg/?page=4

Jordan Belfort himself (the real wolf of wall street) has a video on shorting stocks...

In this video he describes how hedge funds and billionaires will do ANYTHING to make a stock go the way they need it to.

For example, they will push out negative articles on a company, they will call authorities under the guise of concern to force inspections, they will make up LIES, they will dig up dirt, they will raid forums to spread bad news.

Be aware, we are playing the houses game and they will bet on stocks to go down. And when they don't do what they want, they make it happen.

Not saying 100% that's what's going on here. But I find it very strange we have all these negative nancies showing up right when the price starts to sink.

~~~~~~~~~~~~~~~
It's called projecting I believe - oh well let them get on with it they are most definately short and hurting - ROS 100% £10k short.

ValueandGrowth,

I agree entirely but that will never happen as long as LSE have an open access withouth proper validated authentication, sorry but this BB is plagued with multiple aliases filling the board with fodder and in particualr when the SP dips.

Come back above 30p it will be a much different experience.

it is entertaining isn't it knowing that the clown(s) fall for the simplest bate - 70p by November and 15 follow up posts- smart move mrlithium, JJJ, ROS, Yune, JumpingJack01, I'vegothehump.........!

Now on a serious note and a repeated BYD YT link from earlier:

lth's if you have ten minutes free watch what BYD are bringing to disrupt the car industry, watch the full video - this really must be sending shockwaves through the major car manufacturers, $billions in battery R&D and you probably won't get anywhere near what BYD have already in production cars, they have the cars and the battery tech.

https://youtu.be/lJgCn-xdDKM

strongly recommend looking at that for all holders and ROS it just might show you that although you are heavily down with your £10K short it just might help you keep the shirt on your back - as I've added £10,300 in three weeks and 101,137 in shares since March - that is above and beyond my core holding and yes all off the posts you have plagued us with - happy to be proven wrong but this is an opportunity that seldom comes with a technology disruption of this magnitude - of course my opinion but 70p could easily be surpassed with just our current assets in lithium should the wider investment community get a sniff of what we have in a surging, soaring battery metal market that's in short supply and just might be critical to the survival of major auto manufacturers - if you can't build EV's next year onwards you won't be selling many ICE vehicles!

You try selling against better and cheaper with something that also helps towards reducing the impact of the climate catastrophe.

The signs are there that lithium supply is becoming a concern even here in the UK:

The UK government aiding battery suppliers secure lithium:

https://worldbatterynews.com/uk-agency-'interested'-in-financing-lake-resources'-argentina-lithium-proje-p985-154.htm

Australia's Lake Resources revealed today that the UK’s export credit agency has expressed "strong interest” in covering the majority of funding needed for the lithium developer’s flagship Kachi project in Argentina. The move comes as the UK seeks to secure raw material supply chains for Gigafactory projects already under way and planned in the country.

70p shouldn't be difficult to contemplate - remember the story is stronger now than it's been for four or five years and we are not looking at a spike more of a prolonged demand and supply issue.

My money is where my mouth is!

Hoping to get a wallet for Christmas and maybe an SUV electric of course!

Right to the bottom @Bannor 20.40 yesterday, did you get your bonus this week mine was a little late ;-) had to warm last weeks pizzza that I found stuck on a baking tray in the dishwasher, not that bad considering only one cycle before I realised it was stiil there.

I can seriously see this break 70p by mid - November on the back of COP26 and the focus on the switch to EV's - our car industry seriously needs to step up their game or face the Kodak moment - add any other news from our assets - £+