Member Info for tomcat-14

Wonder how our potential buyer(s) are getting on with their dfs…

$1,145m npv10 pfs 2024 x 34.2% kdnc…

just shy of $400m kdnc… 👍

It will be a game changer… and the way the construction industry is moving towards LCC/NZC… will be pointless going any other route… add that 43% uplift onto the npv for a rough idea of what’s coming…

$1,145m x 1.43% = $1,637m npv10… ballpark…

The 6% increase in our transaction valuation hasn’t gone unnoticed…

now buying for…

$0.7m for 0.6% (100% $117m)…

$117m x 34.2% = $40m kdnc…

The updated sats are getting more revealing…

Looks like they’ve corrected the errors and issued another update today… so we’re none the wiser bannor…

BNP Paribas Nominees Pty Ltd ACF Clearstream** 14,124,127 6.81%…

Cadence Minerals plc (held under nominee)** 11,898,504 5.74%…

**A portion of Cadence Minerals plc holdings is held under BNP Paribas Nominees and included in BNP Paribas Nominees total…

does this mean we have 5.74% + a portion of the 6.81% reported in bnp’s nominee account… or are they double accounting…

i.e. 6.81% + 5.74% doesn’t = 12.55%… and could be = to as little as 6.81%…

could be we’re reporting the net position in our rns at 3.2%…

Below the 3% reporting threshold I would think…

Appreciated news… Tesla is definitely in a position to negotiate with mexico on the back of their gigafactory development to unlock their historical offtake interests in our sonora jv… and tesla have already commenced construction of their own lithium processing plant in Texas capable of processing lithium clays no less… amongst other more conventional ores… coincidence or forward planning… all those speculations made many years ago could indeed become real…

Can this be verified… it doesn’t acknowledge any of the recent nationalisation measures and doesn’t seem plausible to me… is mexital mining supposed to be referencing mexalit with the letters scrambled up…

Lithium is the primary metal used to manufacture rechargeable batteries which is the main component in Tesla’s electric vehicles. The lithium in Sonora is already being “exploited by Bacanora Lithium company and Mexital Mining” which is a joint partnership with Tesla.[25] The lithium mining has caused severe environmental issues that violate the provisions under the Sonora River Trust...

Breaking records… 🫤

i must be on a different 🪐 …

Nonetheless it is good progress and another three ✔️’s off the todo list…

PCA and RCA completed and submitted to Amapá State Environmental Agency ("SEMA")… ✔️

SEMA have agreed to an expedited environmental process… ✔️

life-of-mine sampling, collecting approximately two tonnes of material completed and ready to ship to china for processing… ✔️

So it is net then?… nsp’s…

gets me every time bannor ◀️

Is that a net 0.1%… i.e. can you offset your shareholdings against shorts (owned and/or borrowed)…

1% shares & 1% shares owned sold short = net zero (below 0.1%)…

1% shares & 1% shares borrowed sold short = net zero (below 0.1%)…

???

Thoughts if we don’t get the +8.4% tr-1… what’s the % reporting threshold… i don’t remember them tr-1’ing last time… which was for the 4.6% placing… are they that short to get the sp so far down they now have a net zero holding… incl warrants… can’ts… call the 👮 👮 👮…

Or tomorrow…

She’s arrived… caofeidian china…

That’s really sad to hear… he has been missed… and you never think the worst until someone close explains he might not have gone by choice…

I think i know who it is… 16,666,667…

So if this institutional investor is the one who is providing the project level equity financing… what’s their av with their total kdnc holdings… incl warrants…

Lol… it’s 8.4% for £500k at 3p as stated… but yep… it’s so annoying… i might have to indulge again myself when it drops to 3p/share… that’s 25% cheaper than even your lowest ever legacy buys bannor… anyone’s buys ftm… criminal… (the warrants are 5p btw… giving a 4p av overall for the £1.33m investment)…