Member Info for r7632

The Crux Investor interviewed RK Equity. They heavily suggested the low sp was due to being on Aim. If it was on Nasdaq it would be up to six times higher - like LAC.

I not sure where this Company is heading but I think it will be the main UK Stock market, not Nasdaq.

or wait till april 6th and top up ISA

Right at the end the interviewer says he has to go and speak to Bacanora now. Howard says ask them why BCN is 1/6 the value of Thacker Pass.

If you listen thru all it was stated because all renewable stocks on Nasdaq very highly valued. Aim is not.

So a move to Nasdaq would greatly enhance BCN sp.

Interesting interview. Makes me feel confident in my investment in BCN.

Strong recommendation for BCN 44 mins in.

Lithium chemicals now 12,400 USD per tonne. Could be 15,000 USD per tonne in not too distant future.

https://youtu.be/5mYLaC_Q850

My reading was stage one 50% Hanwa, 50% Ganfeng.

Stage 2 75% Ganfeng. not sure anything stated for the other 25% - But I don't think they will have any trouble finding off takers. But I expect they will have that sorted before finalising Investment in stage two.

He said they were designing to be able to switch easily to demand for hydroxide or carbonate. I suppose only difference would be the profit as I suspect the costs if the chemical process for each means the production costs will be different.

So if it costs £100 more to produce hydroxide but sales price was £150 more you would do that. But ultimately I suppose they will provide whatever Hanwa and Ganfeng ask for as they will be taking it and delivering to their customers. That is BCN will not be selling directly to Catl, VW, Tesla, Samsung, LG Chem etc. At least at first. Maybe after they have ramped production and they haven't agreed further offtake agreements as they ramp. But as Ganfeng has a 50% share in SSL and 29% share of BCN they probably have a majority vote on any agreements made for future expansion.

But it's not a huge concern as demand will far exceed BCN production, and market share. The market will not be dominated by a single producer.

https://newsroom.porsche.com/en/2021/products/porsche-new-ebikes-sport-cross-23757.html

Was a new Porsche bike? I saw they are a bit expensive.

Start at 20 tpa, go to 50 tpa, grow 100tpa lce.

22 mins in.

Lots of positive and encouraging news. I'm looking forward with confidence this will make a good return on investment. Even if the so has dropped from 68p to 40p. It will recover as news of development milestones are reached.

Well this had taken a five to the 45p latest fund raise. And continued another 10%. But looking at other shares over the same period have lost far higher. Scottish Mortgage 20%, Tesla almost 30%. So not so bad. Curious how early January seems to be good for this share. 68p 2021, 145p 2018.

'At 0.4x the attributable Npv to BCN'

So 2.5 increase at 44p would be 110p Not 120p.

Can anyone explain?

Still 120p or 110p would make me happy with this investment.

Vsa had a BCN target price of 120p for a long time now.

SFO case been around forever and wont go away.

But I have held this share for years and remember it around £6 then £4 and then covid hit and I think it got below £1.
Point being even with SFO it could rise significantly later this year with Covid Vaccinations seemingly to be very effective in UK. Stop waiting for SFO news, the economy and end to lockdowns is the one to watch.

https://youtu.be/Hhrqj2kO9MU

No Ganfeng and MandG are not investing to fund the directors. They are there for the Lithium and the 26%irr. This is funded and site clearance work and service roads are being prepared. 2years or so and Lithium will be being produced for an expanding market demand. It's completive in quality and price to the best out there. So hard rock extraction in Australia will be increased but will not be as profitable ad their costs are higher. I think they were struggling to make a profit and closed down some production until prices rise.

https://www.euractiv.com/section/alternative-renewable-fuels/news/eu-plotting-ban-on-internal-combustion-engine-as-of-2025-industry/

SFO will not go away. They just want the easy money like the Lords. Turn up every day. Collect loads of taxpayers money. Go home. Repeat the next. They have no incentive to close the case. So they wont. If I could just make up some work and get paid for it!

Just confirmation of already stated comitments.

The next one will be the extra money for Ganfeng increase in
its stake in BCN to 28.8? Again more shares in issue and dilution. But each time the value of BCN increases to its shareholders. The funding is complete. Preparation works are under way. No more worries about obtaining funding and guesses on how much dilution. We know where we stand. And that means a much a safer, less speculative investment.

I've seen posters on here cast doubt on that. But honestly it feels like a a certainty if ever there was one.

I find all this fud about the chinese not increasing their holding to 28 8.% somewhat ill to thought out.

They have to stump up 210million USD for their 50% ownership of SLL. And BCN Will be worth almost 1billion usd in two years when they have built the mine.

Not putting in the money will seriously affect the money they have already invested and the future returns on the project. Considering infrastructure investments in china seems to be unlimited I can't see that the relatively small amount of money required here to develop BCN being a problem.

China is all about expansion with new trade routes being developed to allow China to export goods, and to buying up of African resources which the West have left alone since decolonisation and independence wars.

Everyone to to their own views. But for me this is just rubber stamp sort of thing.

The mine is all set and is being built. Only hiccups will be cost overruns. But even then they will find extra money to complete.

This is just like waiting for Tesla building Giga Shanghai. Then Berlin and now Texas. Just a waiting and watching game. But this is a lot less complicated and doesn't involve a whole new lot of technology. Very straight forward build of road infracstructure, power supply, surface mine and chemical processing under project management of Ganfeng team being moved from Argentina.