Member Info for observer842

Bit of a relief really! So if this is correct, what about... ;-)

Indeed! :-)))))

http://www.docasdesantana.com.br/index.php/operacional/programacao-de-navios

DEV

Indeed @EV_Bull. My source recently updated OD from 50kt to 46kt, so unless we are being strung along (or I am stringing you lot along - I'm not!) OD is still a go - and still designated for DEV :-)

Indeed @EV_Bull. And I am very cognisant they may not be purposefully updating their site because it really is PRELIMINARY, meaning it could be cancelled or switched to another purpose, e.g. for U, at a moments notice.

Indeed @MLQ. That one keeps changing to accommodate what's happening ahead of it. ;-)

But not sure when added, so could easily be dated! I think mid week.

@MLQ For C, 7, 10, 14

I noted it on Saturday here: 20 Mar 2021 14:54

Scratch that. Wasn't it last week? Could very well be dated!

Do you happen to know when that was added/updated @MLQ? I think mine was added Tuesday and hasn't been updated since. Could be dated now...

Yes, for U, 2,5,10. Provisional of course!

@EV_Bull. I've just realised that your GS observation might correspond with the recently inserted April DEV 20/24/28 to China, but is only stated as 45kt. Anyone got a reply on whether they know the page isn't being updated? Did you write in Portuguese?

Indeed @mr.james. Page 14 of the latest corporate presentation says it all: https://www.bacanoralithium.com/pdfs/Bacanora-Company-Presentation-March-2021.pdf

This is going to be great for BCN, and indeed also KDNC if expansion plans to 50ktpa and beyond go ahead utilising more of the 30% KDNC, 35% BCN, 35% Ganfeng joint venture areas ;-)

Worth a listen to this 45 minute podcast @news:

"Lithium and the Global Battery Arms Race with Simon Moores" (24 MARCH 2021)
https://hcinsider.global/lithium-and-the-global-battery-arms-race/
===[
Globally, we have begun the transformation to the lithium-ion Economy. Mega battery factories are growing exponentially. The problem is lithium supply. Mining is constrained by available ores and multiyear start up times. Chemical processing and cathode production is technically challenging, environmentally impactful, and concentrated in China. EV manufacturers are buying all the Lithium supply they can on decade-long contracts. Lithium demand is forecast to outstrip supply by double in 2040 – even with the most optimistic forecasts. What does this mean for producers, commodity traders, financiers, governments and OEMs? How can the world tackle the problem of lithium. Simon Moores, CEO of Benchmark Minerals, the foremost independent pricing agency for Lithium walks us through the lithium supply chain and its consequences.
]===

Also available at: https://www.youtube.com/watch?v=mbl9Px1S1e8

In relation to the Sonora lithium supply I thought it worth clarifying that even if all of the Sonora lithium that Ganfeng is off-taking went to Tesla, Hanwa (Japan) have an off-take too which means some is still likely destined to Asia. Additionally, it could be that if Ganfeng do supply Tesla with Sonora lithium it is to an Asian factory, e.g. the one in China.

Exciting times!

Ob.

3 max. Of course it doesn't necessarily mean a deal is done, just that they are preparing for the possibility!

Thanks @news. Hopefully any and all expansion plans for Sonora will be "Great for #KDNC" as DL says :-) I do have a keen interest in following the evolving Lithium story, including Sonora, though my current focus is very much on Amapa as I believe news on this is imminent! Certainly shipping news, and potentially even the news which allows us to take 20% of the project - see my posts on the KDNC board for details. I know you are not in KDNC for the iron, and neither was I, but I now see this as a play which should facilitate our rare earth and lithium projects off the back of (hopefully!) a very decent market cap revaluation. :-))))

Ob.

Evening @Dallas. I think it depends on what lens you read the words through: @news. "Mr Lenigas, former Chairman of REM plc who financed the Sonora lithium drilling otherwise Sonora lithium would not exist today".

As you know @news has no ill intent and is enthusiastic as the next person about the Sonora lithium project - he's one of the good guys. So my understanding of that statement was that it his belief that if REM had not funded the drilling of the Sonora JV's then Sonora would not exist today ... in its current form.

We are all friends here. Let's try our best to get along! ;-)

Ob.

Hello @news (and @Dallas) I think you are misunderstanding the history of Sonora which @Dallas is kindly trying to explain to you. BCN funded the drilling of their 100% area La Ventana before REM was on the scene. Then REM came along and funded the drilling on the JV areas for which we could then get 30% ownership of the JV (actually up to 49% but we declined). Is this what you are trying to explain @Dallas? Please forgive me if not!

And then there were 4. MAMJ ;-) Anyone emailed them yet? It would be nice to be joined by others getting excited with confidence, not having to take my word for it! LoL. The flip side is if the schedule moves against us it is currently only me that is truly disappointed. I need to share the pleasure and pain!