Member Info for tomcat-14

how much would that add on to the capex though...

bearing in mind that this is a... long life project with the 30 year fs mine plan equating to less than 50% of the current identified mineral resources...

will need to be quick then... when it’s gone... it’s gone...

makes the ganfeng deal far more likely now... they get 30% of this... as a bonus to 30% of the sonora lithium project... for an mcap that didn’t have any of this priced in... 25p...

€58.5 million in annual earnings that the €159 million capital investment is forecast to generate in each of the 30 years of mine life... project detailed design is expected to commence in h120... pays for itself... just like sonora...

june presentation is up to go with that too... http://www.bacanoralithium.com/cms/wp-content/uploads/2019/06/BCN-Presentation-June-2019.pdf ...

zinnwald buy price...
142,240t li x 5.342 = 760kt lce... purchased in ground at feasibility stage for €35m total... €46.67/t lce...

it’s very close to the amount they sold 22.5% of the sonora lithium project to ganfeng for... £46.64/t lce...

in the next 4-weeks... imminent...
the group... alone or together with any reasonably acceptable third party... has the option to acquire the remaining 50% of the jointly controlled entity for €30 million... this option terminates in q319... in the event that the group does not exercise this right prior to the termination date... solarworld has the right but not the obligation to purchase the group's 50% interest for €1...

would that give a worst case funding sp... £30m / 29.99% / 500m...

thirty million pounds...
https://www.youtube.com/watch?v=Cehwgw9u980 ...

apologies again... meant to be...
? kt lce...
? x (20year lom pits)...

that was question #2 by the way...
? ktpa lce...
? x (20year lom pits)...

a + (a + b) = 17.5 / 35 = 820kt lce = 1 x (20year lom pit)...
(a + b) + (a + b + c + d) = 35 / 70 = ? ktpa lce... ? x (20year lom pits)...

our proposed investment in bacanora lithium and the sonora lithium project would form a cornerstone in ganfeng's growth strategy to become the world's largest lithium producer... specifically... the sonora deposit is large and scalable... with low operating costs... we look forward to working closely with the bacanora team to realise sonora's potential and bring into production the world's first lithium clay project...

if... that is...
bcd = ganfeng...
by the end of the month...
https://polaris.brighterir.com/public/bacanora_lithium/news/rns/story/xl5dj3w/export ...

we could be following moore’s law... double about every 2 years...
a...
ab...
abcd...
i’m just a little intrigued at the moment... where that leaves sgrf... and their us$65m investment... and their 10ktpa stage-2 off-take...

that’s right si...
and as kluck has noted...

a = hanwa...
hanwa is an existing cornerstone investor in bacanora and has a long-term take or pay lithium off-take agreement with the company for the stage 1 lithium carbonate production from sonora... in addition... hanwa has agreed to extend the 17,500 tonne stage 1 take or pay off-take for a further 5 years, to a total term of 10 years...
https://polaris.brighterir.com/public/bacanora_lithium/news/rns/story/xlmegpr/export ...

apologies...

d = 25% of (a + b + c + d)...

if: a = 17.5...
and: b = a...
what is: c... if c = 50% of (a + c)...
what is: d... if d = 75% of (a + b + c + d)...

you did it last time with nextview... start with worst case... hanwa 20%... ganfeng 30%... sgrf cover whatever’s left plus underwriters for the rights issue... 500m shares to play with... including those needed for the ganfeng farm in...