Good luck mrCautious, funnily enough I’ve been in ages and tempted to call it a day here now, don’t forget SS is a Lenigas plant also.. anyone watched Gold? (The film not the metal)
Two crucial points, really looking forward to reading both those RNS... End of July should be pretty exciting again, I think you could be right though Dougal, I can’t see II’s piling in until after those.
I hope so..Let’s see what happens tomorrow for a start, This could now be an epic long term hold. Not long ago I was well down here, some more buying and a little selling and I’m now +94% and have a nice sized holding.. here’s to a prosperous future for BCN.. atb
Blimey I just read that RNS - that is a disaster for them, no wonder the 10% drop here. This current drilling is super important. I do hope UKOG aren’t buying they 65%...,
Bacanora Chief Executive Peter Secker said: "The signature of these agreements with Ganfeng is another significant milestone in the development of the Sonora project. "Ganfeng's operational expertise and industrial credibility is a strong endorsement of the Sonora project's potential to break the lithium industry's current supply duopoly of hard-rock and brine, and combine the speed of production of the first with the low operational cost per tonne of the second." "Ganfeng's commitment to the Sonora project will be demonstrated during the financing of both the equity and project funding stages of the capital expenditure required to complete stage one of the Sonora project," Secker continued. "So, in conjunction with our existing senior debt facility from RK Mine Finance, we are now much closer to completing the construction funding for stage one and transforming Bacanora into a major supplier of battery grade lithium to fast growing industries, such as electric vehicles and energy storage." By George Collard; georgecollard@alliancenews.com
You know what, not sure if it’s the Lenigas factor but I don’t trust him any more. He appears amazed that shareholders question his decisions when he has decimated the share price.. plenty of jam next year but I can’t believe he wants to spunk the 3.5 mil on a vanity project and come back to the market with more dilution... really is a one trick pony, no wonder it’s a 10% drop. Just my thoughts...
Good work Mullins! Bright future here I recon.. have a good weekend!
Well done Nomad too, you called it bang on this time.. and let’s face it, in the end the cock up with the initial funding gave us all a good buying opportunity
Cheers Mullins, looks all good to me except this bit, absolutely pointless imo, they have enough to be getting on with and no need to go Wasing money overseas.
“At the end of March this year we raised £3.5 million via a share placing at 1.05p to assess and acquire new opportunities in the UK onshore and elsewhere. The net proceeds for this were received in early April. We are currently actively evaluating several opportunities both in the Weald Basin and overseas, which is fully in line with our previously stated plans and prospectus.”
Climate change eh, what if it’s all a hoax and all we do is end up with cleaner air, healthier Children, cleaner water, green jobs, energy independence, liveable cities, trees and rainforests... ?
Yep listen to Boomer, not the 99% of climate change studies by actual scientists. Climate Change deniers are now in the same bracket as flat earthers.. ie conspiracy theory nutters