Member Info for observer842

@addicknt. "You should also consider the number of shares KDNC has in issue". Come on @addicknt, you know this is just spreading irrelevance to those that might not know any better. In addition, it isn't a certainty that the next rise in KDNC will be due to BCN. It could be due to EMH (on political resolution), or Yangibana (being sold), or Argentina (good early exploration results), or indeed anyone of KDNC's other assets (MMS + AOU striking rich). Of course it *could* be BCN too: which I agree, feels the most likely for the next week or two! And not just the direct holding: but the 30% JV's KDNC owns becoming much more attractive the closer to funding Sonora becomes ;-) I'm very positive about BCN (but more so KDNC) - it's because I see lithium demand, driven by increasing EV + Solar, requiring storage, far outstripping the growth projected by incumbent analysts over the next decade: more in line with what Tony Seba has to say. I foresee this likely leading to sustained and then increased lithium carbonate prices above $20,000/t: some are saying $100,000/t is possible. Take a look at the following for the implications on this project: "Feasibility Study Estimates Net Present Value of US$1.25 billion and Internal Rate of Return of 26% for the Sonora Lithium Project" (13 December 2017) http://ir.euroinvestor.com/Tools/newsArticleHTML.aspx?solutionID=2482&customerKey=bacanoraminerals&storyID=13750535&language=en Extending Table 8: Sensitivity Analysis (Li2CO3 Selling Price) @$11,000/t Pre Tax NPV@8% = $1,253.0m @$12,100/t = $1,560.2m @$13,200/t = $1,867.5m (corrected their typo) @$14,300/t = $2,175m @$15,400/t = $2,482m @$16,500/t = $2,789m @$17,600/t = $3,096m @$18,700/t = $3,403m @$19,800/t = $3,711m After tax that ~@$20,000/t becomes around $2.6B. And that is before the NPV for stage 1 production has been increased, and likely stage 2 also. Vive Sonora! ;-) Ob.

Nibble, nibble ;-) "Lithium & Battery Tech ETF" (As of 12/29/2017) https://www.globalxfunds.com/funds/lit/ === BACANORA MINERALS LTD 2,572,877 shares === "Lithium & Battery Tech ETF" (As of 12/20/2017) https://www.globalxfunds.com/funds/lit/ === BACANORA MINERALS LTD 2,548,877 shares === "Lithium & Battery Tech ETF" (As of 12/15/2017) https://www.globalxfunds.com/funds/lit/ === BACANORA MINERALS LTD 2,510,477 shares ===

If it's a problem, a stock consolidation gets round that...

"David Lenigas‏ @DavidLenigas" (28 Dec 2017) https://twitter.com/DavidLenigas/status/946345821569724416 === I got a very good feeling that 2018 will be the year that London listed Inspirit Energy Plc finally grew up. The tech is world class beyond belief and ready to go. Energy storage and co-gen is where things are going. I’m going to have the last laugh here from the trolls again. === If DL truly believes this, why doesn't he buy INSP to take his holding (if he still has some) above 3%? Come to think of it, why don't the other directors of INSP buy INSP, not just JG? If I were as confident in the tech and company as he sounds, I'd be buying to above 3% at these crazy prices in a heartbeat! How about putting your money where your mouth is DL - that'll give the trolls food for thought ;-) Ob.

"Lithium Junior Miner News For The Month Of December 2017" (Dec. 28, 2017) https://seekingalpha.com/article/4134284-lithium-junior-miner-news-month-december-2017 === A superb month for Bacanora. Well done. ... Bacanora's strong FS result with a "pre-tax" NPV8% of US$1.253b, and their strategic cornerstone investor & off-take agreement with China's NextView Capital. A superb month! ===

This isn't a piece of software @Fallingknife - modifications take time. And if they are substantial, they need to be recertified. If you really don't believe we are making progress, in particular, if you don't believe the upgrade to peak 3.2kWe was real, then do us all a favour and report the company to the FCA for telling porky pies ;-) I'm guessing you don't realise just how massive this company could be if we do have a product which is world beating. I guess the CIBSE report will reveal all when it is finally released... ;-)

DL left all his AIM companies at the same time. We are unlikely to ever know exactly why, but he recently declared (IIRC), that he won't ever be going back to AIM...

I'm still not sure you get this company @Fallingknife... Think about it. Look to who (practically) controls the company. Forget about all the corporate waffle - it is a vehicle for John Gunn to potentially make 10's of millions in a tax efficient way. And if it fails, it's nicely ring fenced from his other assets. If he's allowing PI's to hold on tight to the coat tails of this success, then that is fine by me. Obviously 1-3 years ago on the back of endorsement from DL he was able to raise funding from the market by heavily promoting the company via various channels. That stopped almost exactly 18 months ago. Why? Clearly there are many reasons why, but the most positive, and admittedly perhaps most Machiavellian was so he could take back ownership on the cheap. i.e. heist the shares back from those who helped fund the company to where it is today, by staying (mostly) silent on progress. It happens. Those who have been around may recognise it... Alternatively the company is going belly up! ;-) Ob.

By the way - you are absolutely right about the trust thing. If this goes belly up, this is fine, but if JG is seen to benefit over INSP shareholders, then not only will he lose face, DL does too as only yesterday he reiterated his conviction. i.e. market trust in these two goes down somewhat. My trust in these two goes down - perhaps terminally...

@Fallingknife. The report was "expected" by the end of the year. We don't know if it is our fault or CIBSE's that it doesn't appear to have been delivered on time. When is it now expected is a very good question though! If you really want to turn detective, have you thought about contacting the CIBSE to see if the collaboration is real? And if so, how far they have progressed? I've not been able to find a squeak about it on the internet. In terms of whether this should have ever been listed or not, it's a tax thing... ;-)

@Fallingknife "I have had more return giving my money to a chugger.". We are not at the return stage yet... assuming we ever get there! So it's really not that surprising ;-)

By the way, I had a good chuckle to myself about your observation on this. How else do you propose this is done? ;-)

@Fallingknife. You are funny. You know as well as I do that this has always been a "trust me" share. Clearly you don't trust John Gunn to deliver on his promises, but some clearly still do. I'm wavering, but it's clear to me that progress has and is continuing to be made. If the company goes belly up I believe it goes to OCT. If JG is seen to screw over INSP shareholders, it could be quite worrying for OCT shareholders that he may end up doing the same to them... A partner could already be lined up on the back of the pending CIBSE report ;-)

seem to have done a more thorough job this year. Perhaps on the insistence of a potential partner? Reassuring that they appeared to agree with our conclusion that an impairment charge was not due on the "£2,668k of intellectual property capitalised".

Indeed @stag. We just need reason to truly believe it's happening for real this time after various false dawns. I'd say a credible partnership would be all the indication many investors need to pile in. The partner would be getting a bargain at this share price, unless JG plays hardball (he has a lot to gain/lose!), but our share price will still very likely multi-bag form here on the demonstration that we are (finally) moving forward in 2018! ;-)

"Audited results for the year ended 30 June 2017 and Notice of AGM" (28 December 2017) http://www.inspirit-energy.com/investors/rns-news-detail?id=rypk8kr === The ongoing collaboration with CIBSE, the Chartered Institute of Building Services Engineers, a key influencer in our initial target market of commercial plant rooms, is another example of our preparation for commercial launch. Customer confidence in our technology and its performance is a key success factor. === Collaboration ongoing. That was a quick answer to my question this morning! ;-)

End of June was 0.24p when the share price was 0.14p. No wonder the BoD didn't thank the shareholders for their support this year! ;-) Last year: === The Board would like to take this opportunity for thanking all of the Company's staff and consultants for their hard work during the year and our shareholders for their support. === This year: === At the same time, the Board continues to consider its options for the future strategy and funding of its operating subsidiary and will provide investors with an update when this review is complete. === I wonder if we'll sell some our holding as part of a joint venture towards commercialisation?

No problem @dougal66. I wonder if DL still owns any of his shares. In a post of mine on 15 Jan '17 I worked out that he might possibly have owned 31.6million at some point. Oh, I spotted this whilst looking back for that post: @DavidLenigas 9:43 am - 4 Jan 2017 === I predict this will be the year for Inspirit Energy @inspiritenergy and it changing the world to a much better greener place. Less CO2. === One year off isn't that bad in the grand scheme of things - good to see he still have faith! ;-)

Brilliant @jimb2! "David Lenigas‏ @DavidLenigas" (28 Dec 2017) https://twitter.com/DavidLenigas/status/946345821569724416 === I got a very good feeling that 2018 will be the year that London listed Inspirit Energy Plc finally grew up. The tech is world class beyond belief and ready to go. Energy storage and co-gen is where things are going. I’m going to have the last laugh here from the trolls again. === AIM is just so impatient, always wanting returns yesterday! ;-)

If anyone has evidence to suggest that the CIBSE haven't been doing what they said they will have been doing, then do say so - otherwise, we have to assume they have. I believe the CIBSE are reputable and we would have been told if the agreement was off. They would have insisted... ;-)