Member Info for Newboy58

What’s the story Barksy? I can’t follow the link... it’s not showing the code to continue on my phone?

It was on Monday, been watching something else for a while and wanted in, only 20% of my holding in BCN so nothing to ruin Christmas, still got a bit to leave in for years to come.. atb

Sure am addicknt, been steadily building a holding for a while. Congrats by the way!

Could be worse addicknt I actually sold some last week! Still, hopefully what I bought will perform at some point...

I don’t know how he can call himself “Mr Lithium” after getting BCN so wrong. Anyone see his deleted tweet “don’t walk away from BCN, run!” Hmm proving to be pretty poor advice from a so called expert.....

Morning all - I missed the chatter last night, this is another great step in the right direction https://www.investegate.co.uk/bacanora-minerals-ld--bcn-/rns/strategic-cornerstone-investor---offtake-agreement/201712150700044384Z/

I missed this yesterday too. PS doesn’t come across as the most fun guy at a party but all good stuff! http://www.proactiveinvestors.co.uk/companies/news/168849/bacanora-minerals-joins-the-big-leagues-with-sonora-feasibility-study-168849.html

Thanks Bidnoildi, good stuff! http://www.cityam.com/277466/bacanora-minerals-huge-lithium-mine-has-been-valued-125bn It's a very good time for a new lithium producer to be coming into the market," he said. After last year saying 2020 would be a "magical" year for lithium, he today said: "It’s going to be a magical decade."

Joe lowery hates BCN

What’s happened to my favourite nice quiet B.B.? DFS and it goes all aggy...

I think you can pretty much put 50% on the $1.25 billion the way lithium pricing is going, supply and demand and all that! “Estimated Project pre-tax IRR of 26.1%; NPV of US$1.253 billion (at 8% discount rate) with a simple Stage 1 project payback of four years. Revenues are based on a flat US$11,000/t for battery grade Li2CO3 over LOM, significantly below the current Li2CO3 price range of US$12,000 - 20,000/t2,3”

Headline certainly catches your attention! https://www.investegate.co.uk/bacanora-minerals-ld--bcn-/rns/sonora-feasibility-study--usd1-25bn-npv---26--irr/201712130700031545Z/

Not yet fella, had bit of a bad run this quarter to say the least, still gotta take the rough with the smooth. This is my nice steady long termer, I plan to keep adding as and when.

Morning Mullins, me too with BCN, except I sold a few yesterday to get into something new, oops.. still I’m not sure we will see too much of a jump today, it seems pretty much as expected. Hopefully get chance to buy more at a reasonable price in the new year.. atb

Morning all - headline sounds good to me! TSX-V/AIM Symbol: BCN December 12, 2017 NEWS RELEASE FEASIBILITY STUDY ESTIMATES NET PRESENT VALUE OF US$1.25 BILLION AND INTERNAL RATE OF RETURN OF 26% FOR THE SONORA LITHIUM PROJECT BACANORA MINERALS LTD. ("Bacanora" or the "Company") (TSX-V: BCN and AIM: BCN), the Canadian and London listed lithium company, is pleased to announce that the results of the Feasibility Study ("FS") for the Sonora Lithium Project1 in Mexico ("Sonora" or "the Project") confirm the positive economics and favourable operating costs of a 35,000 tonnes per annum ("tpa") battery grade Li2CO3 operation. The FS estimates a pre-tax project Net Present Value ("NPV") of US$1.253 billion at an 8% discount rate and an Internal Rate of Return ("IRR") of 26.1%, and Life of Mine ("LOM") operating costs of US$3,910/t of lithium carbonate ("Li2CO3").

I just topped up.. gla

I’d be gutted if they sold for 1.30 tbh, better than KDNC BS offer but this is a very long term hold for me if they don’t sell out. I’m talking pension pot

Nice steady rise Mullins, I think this one will be worth waiting for. Hope we don’t get the usual AIM kick in the balls at some point... all looking good so far! Atb

Indeed it is addicknt - trouble is that this is an aim bb, as we attract more attention it’s only a matter of time to we get a resident troll to ruin it.

Agreed, slowly slowly catchy monkey!