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I dont think they can hold this down any longer

Just look at how many other concession they have! And kdnc valued arpund £12 million takes the biscuit

Found the answer to my question, "El Sauz and Fleur concessions, which are held by Mexilit S.A. de C.V. ('Mexilit') which is owned 70 percent by Bacanora and 30 percent by Cadence Minerals Plc. The Project also includes three other lithium concessions, Buenavista, San Gabriel and Megalit, which do not form part of the Feasibility Study, and are held by Megalit S.A. de C.V, which is owned 70 percent by Bacanora and 30 percent by Cadence Minerals Plc.

Anyone know who the other 70% shareholding is?

Not only we have 7% in bacanora, we also have 30% in mexalit and megalit so clearly this has a monster rise to come

Bacanora is a lithium exploration and development company. As at the 31 August 2018 Cadence held 7.5% of Bacanora's equity and 30% of Mexalit and Megalit joint venture companies. Mexalit is the owner of the El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 1 mineral concessions, which forms part of the 20-year mine plan of the Sonora Lithium Project in Northern Mexico.

Fantastic report, i have to say if there was a share where you could throw kitchen sink then it has to be this knowing biggest miner in the world has about 11% and at 45p

Its got a long way to go, see chart

Buy n sell same price 16p

£12 million mcap for this type of resources is simply too cheap

Perhaps they will build a plant near us

Paying over the ask price now

Thanks guys, im going for 60p plus close today

What does it say, the tweet

Excellent summary news

news16,335 posts RE: KDNC Greenland KDNC RNS: Bacanora Lithium Update, 9 Oct 2018: Holdings: 1)19.7% in European Metals Ltd via sub. 2)7.5% in Bacanora & 30% of Mexalit & Megalit JV. 3)6.6% Auroch 4)4.5% Clancy 5)12.1% Macarthur Minerals 6)4% in San Luis Lithium 7)30% free carrry interest in 1 mining lease & 6 exploration licence in part of the Yangibana Rare Earth Mineral deposit. 8) "100% interest in and exploration licence on the EASTERN boundary of boundaries of Greenland Minerals & Energy Ltd*s licences that encompass the world class Kvanefjeld SA renson, Zone 3 and Steenstrupfjeld Rare Earth deposits." Comment: Posting Item 8 relating to KDNC Greenland. The rest came from the same RNS so thought I would post as well for completion.

I think mm havnt realised the rise in bcn and its starting to sink in, look at lows of prem, angs etc they all more then doubled this should in blink of an eye hit at least .50p now

£11.5 million looks dirt cheap

Yep

In case if anyone missed it kdnc holds 7.5 % of bcn