Member Info for Mozax

Up quickly now.

Watching this little Company & I like it’s Global scalability & appeal. I note the placing at 65p & uptake by the CEO. And warrants exercisable at 80p. Looks like good growth in Asia, Europe & USA. 57p feels like a good entry.

Morning Wolfi The presentation is uploaded onto The Bacanora website. Go to Investor Relations - Company Presentations. I feel a bit of a Narna ‘cos I recall Sonara having 5 Million Tonnes Of Lithium. Actually it’s 8.8 Million Tonnes.

Stated: They will ONLY raise equity when the TIME is right, & The MARKET is right. Clearly with an MCAP of £38M they aren’t going to be looking at the market anytime soon. I’m surprised we haven’t been bid for, or is that brewing? Equity raise at plus £1.00.

In cash paid to 7Dig already By TDC, the largest telecoms Company in Denmark. To be used as Working Capital. The balance of 375K retained to Jan 2020. Also Eliminated £1.6M annual losses from the sale. Great day ahead.

A bit obvious buddy. You’ll be renamed ‘Naff’ if you’re not careful.

N’ Vac

I’m a tad slower, I’m out by my pool in Cyprus!!

79% up

We’re up 63% in 10 mins, hardly a lead balloon. The sale was double the MCap

To see next week if a new wave of investors start to scale in following the presentations. The steady rise in SP is certainly welcome to see, no daft spikes. Some of the bigger funds will need to see an MCap of £50M before they invest, but I suspect that won’t take too long at this rate.

Taff, £1.00 will be in the rearview when funding to unlock 5 Million Tonnes Of Lithium is announced. Peter Secker won’t raise equity sub 90p as our 10year offtake partner, HANWA bought 10% of BCN at 87p. January 2018 saw an SP of £1.41 with 134M Shares I’m issue. We still have 134M shares in issue. Funding will put the SP well North of that 2018 valuation IMO.

To II’s, Fund managers today. So they’ll know the position of The Company & expectations regarding funding for Sonara this Quarter. PS being organised with simultaneous presentations In London & Germany and arranging potential big investor input following funding announcements. The market has got behind BCN already and momentum is going to continue building. Newsflow plentiful. 28p Going.

That’s OK L2, lots of shares out there, but very happy to wait this out. As I said earlier, plenty of pots on this Hob.

They can’t release any ‘material information’ without acknowledging that information to the Market via RNS. Presentations began at 08:30.

At £1.00 Agreed, seems too low.

Continuation of yesterday it seems. Ask 27p & Up 5% already. I wonder if Southern Copper have further advanced following their visit? Lots of ‘pots on the hob’.

Hopsta, give it a chance, they’ve only just lobbed the coal in the chamber.

Buyers get ready!

Look poised for a rapid shift up, .49 to buy.