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Feels like it will be Megalit being handed over to me. Which is OK all things considering given our $100B of in ground lithium JORC defined resource sits in Mexilit... ;-)

@Bannor - the media and others inflating the Mexican resource by not understanding the difference between LCE and Li by over 5x also didn't help the nationalisation case!

"Taddei did not give details about possible agreements with that company, although he said that there will be an important announcement on February 18."

https://www.mining.com/web/future-mexican-lithium-tie-ups-must-give-govt-majority-stake-litiomx-ceo/

"Ganfeng controls Mexico’s most advanced lithium project, Bacanora Lithium located in northern Sonora state, but Taddei declined to comment on talks over the project.

He did, however, say an announcement concerning the project will come later this month."

@Kiran! Talking of which, an update would be welcome, unless news really is imminent of course! lol. Our July 2022 corporate presentation is feeling a little dated IMHO.

And confirms @Kirna's view :-)

"Kiran Morzaria of Cadence Minerals, 2022 in Review" ((9th Jan 2023)
https://youtu.be/2K8UFKVJgNE?t=1883
===[
And on Sonora? It's really what we've discussed and what's happening there. There's all of this rumour flying around, and I think my best answer I can give there is obviously Ganfeng are in continued discussion with the Mexican government, and our view is that the licences are valid, and let's see when that progresses, and once it does, we'll make the market aware.
]===

Going to be a long week! Though having said that, news could land at any time leading up to, or slightly afterwards I guess - including tomorrow. Imminent you might say. lol.

Thanks for the link @Dallas. Great news - here is the English version:

https://www.bloomberglinea.com/english/mexicos-state-owned-lithium-company-is-negotiating-partnerships-with-private-firms/

A reminder...

"Kiran Morzaria of Cadence Minerals, 2022 in Review" ((9th Jan 2023)
https://youtu.be/2K8UFKVJgNE?t=1883
===[
And on Sonora? It's really what we've discussed and what's happening there. There's all of this rumour flying around, and I think my best answer I can give there is obviously Ganfeng are in continued discussion with the Mexican government, and our view is that the licences are valid, and let's see when that progresses, and once it does, we'll make the market aware.
]===

Feels that way @Zoom!

Thanks @Barksy, I'm also looking forward to and expecting a raging bull market for the resource juniors, especially Lithium, in the coming few years if we are to meet the EV and energy goals. Maybe we might trigger it. lol. Well, I jest, but a big win here would likely flow into and benefit other juniors in the space. Something has to kick start us out of the drought. Why not us, we certainly have very decent prospects! See the WHI report, instructions on how to download for free at the bottom of:

https://www.reddit.com/r/CadenceMinerals/comments/10uvs6w/weekly_discussion_thread_upcoming_news_icymi/

Phew! I was bracing myself to see our old JV brought forward in the mining order - apparently not! ;-)

Excitement building @Zoom!

Did anyone else spot the slight mistake WHI made in their recent M&A in the lithium sector table? Aug 22 for the BCN Ganfeng transaction should be Aug 21 placing it down the table in the right spot next to others of similar $/t - irradiating the apparent valuation anomaly. Which means if a more realistic $/t of recent transactions are used we could be talking 4-5x of WHI's Sonora valuation to us :-))) Of course I'll believe it when I see it - I'm expecting middling double digit millions, but low triple digit millions would be nice, after all, $200m for Sonora has been mooted previously. Right @Bannor? ;-)

Indeed @Bannor - WHI's view on Sonora is pretty interesting! If it transacts as they anticipate the realised value to KDNC would be multiples of today's SP as it's then derisked. Their 71p/sh fair value is what they believe the share price should be today, with all the risk of all the projects included, and they risk Sonora quite heavily due to the uncertainty etc. I'm pretty amazed the SP isn't much higher, and have continued to add on the back of recent events. The market can stay blind for all I care, until the day of the RNS is fine by me, which is hopefully imminent now. :-)

Well it's a plan - now bring on the announcements that will facilitate it! When is AMLO visiting Sonora again in relation to the Lithium concessions? ;-)

incognito mode?

Talks about lithium from here, which is a slightly different link so may work?

https://www.youtube.com/live/OHm5TTvEgY4?feature=share&t=3071

Reiterates that private companies can be involved with Lithium so long as the value chain stays in Sonora. :-)))

I must admit, talking about OUR lithium to the world, is pretty cool. And not many know this! lol.

It's good...

Better link with subtitles:

https://www.youtube.com/watch?v=OHm5TTvEgY4

https://www.youtube.com/watch?v=dFqKmZ-FB1w