Member Info for tomcat-14

1(25) : 2(50) : 3(75)... that’s 6 x 25 (150ktpa) total by the way... by 2025...

as i said before... last time you reminded us of that... i’m not sure how the tax man would view that valuation... it works if the shares in issue are equal... but not when they’re not...

is 1(25) : 2(50) : 3(75)... in 3years doable?... 4years maybe... 5 tops... by 2025...

having seen how ganfeng injected $160m cash into olaroz... taking their project level ownership there up from 37.5% to 50%... i’ve never considered them not doing a similar purchase to fund sonora... (i’ve not yet worked out the premium bcn : sll... since m&g bought in to 19.9%... bcn mcap now £76m)...

bringing in another cornerstone investor for that amount... i can reasonably see that happening too...
who can it be now...

i can reasonably see the final funding... being 500m shares at 25p... to raise $125m... for a 25/50ktpa project... with ganfeng topping up their project level investment to 50%... to fill any funding gap... to pay for the 25/50ktpa value engineered solution... worst case scenario of course...

why did they stop at 19years... really...

so even if sonora was upped to 25ktpa stage 1 pilot plant... with another 25ktpa stage 2 added (50ktpa) by 2025... that’s only 2 out of the 25 needed...
when will thoughts start shifting to the location and size of the next mine and lithium plant(s) on sonora... producing top quality battery grade lithium for under $4,000/t...

from page 3 of the dec presentation... at 14% cagr... the incremental growth in lithium demand represents 25 new lithium mines of average size 25ktpa to 2025... 625ktpa new capacity built by 2025... that’s 5 x 25ktpa mines (av 125ktpa) per year... which is quite a conservative estimate with demand for battery grade lce needed by 2025 being closer to 1mtpa... than it is 500ktpa...

this years... https://www.bacanoralithium.com/cms/wp-content/uploads/2019/12/2019-AGM-Dec-2019-Proxy-results-Final.pdf ...

https://www1.hkexnews.hk/listedco/listconews/sehk/2019/1211/2019121100643.pdf ...

chairman mark hohnen has... ‘in the 12 months since our last agm... the bacanora share price has increased by 25%... compared with our lithium peers who have seen share price declines of between 10% and 74%’... amongst the other bullet points he’s noting... https://www.lse.co.uk/rns/BCN/agm-update-y1u8ulplfkuattp.html ...

$600m... is that 10ktpa x $12,000/t lce...
or 12ktpa x $10,000/t lce...
or 8ktpa x $15,000/t lce...

https://www.asx.com.au/asxpdf/20191210/pdf/44cg7fl88hdwx7.pdf ...

do the bank creditors stand any chance of getting their existing loans repaid any other way... what’s important is that it works for both sides... so the project doesn’t stall again...

that seems to concur with what was noted in the last rns bannor...
the jrp schedule contemplates the majority of the historic liabilities will be paid from free cash flow in years 5 to year 17 of operations... which represents a discounted npv10 debt value of approximately $106 million... the jrp also caps the trade creditor liabilities...
that article is from wednesday 4th... and a photo of kiran signing on the dotted line... does this suggest we’ll get the news tomorrow... confirming the two conditions have now been met to release the monies... and transfer of amapa shares into the pba jv co... it’s the 9th tomorrow...

ah yes... from your link... that feature isn’t on the mobile app... and it tracks forward... the future...

nope... can’t see that option... mobile app?...

unless they’re stopping off for an hour or so to load up a couple or half dozen barge fulls of amapa iron ore... lol...

maybe fob the handymax then...
lady demet (10m draught) just anchored up near to the one you posted on the bing picture yesterday... heading to santarem... it’s about where sydney (6.5m draught) was anchored yesterday too... before setting off up river to itacoatiara... lots of shipping activity in this area... they must wait for the tide... or sea traffic control to give them a vacant dock landing time... they both look like different sizes of handymax...