Member Info for tomcat-14

‘Bacanora and Rare Earth Minerals plc (AIM/ISDX: REM; OTC REMMY), together advise that the financing condition in the conditional lithium hydroxide supply agreement ("the Agreement") previously announced on 28 August 2015 has not been met under the terms of the Agreement. We advise further that we have had extensive discussions with the customer as to the feasiblity of securing project specific financing pursuant to the terms and conditions of the Agreement, that those discussions have now concluded, and therefore we are discontinuing further efforts to secure project specific financing pursuant to the Agreement...’

‘Seller will use Commercially Reasonable Efforts to secure financing <estimated financing size and timing redacted> for the purpose of putting Stage 1 of the Sonora Lithium project (the pilot plant) into production’...

the t&c’s don’t allow for the party in default to walk away... tesla would have had to have terminated the conditional agreement...

remind us again bannor... why did tesla walk away from the offtake agreement with slpp...

5,000 model 3 cars per week milestone hit... total 7,000 cars produced in a week... 1,000/day... those battery cells must be coming out of the gigafactory as fast as an m16 on full auto by now...

and they basically confirmed what we have speculated about hydroxide... and chloride / lithium metal... so who’s gagging bcn still...

their railroad is stage 2... bcn won’t need a railroad spur for 17.5ktpa or 35ktpa... and hanwa are picking it up at the dispatch gate anyway...

lol b... that’s only because they’re shifting masses of sulphur in... and 60ktpa lce back out again... or double when they scale 2x...

it’s not about who... it’s how... they are effectively confirming everything we know... lce from clay... now confirmed from a second source... a different route to lithium sulfate... but from there it’s conventional... tried and tested...

here’s one i made earlier... http://www.bacanoralithium.com/cms/wp-content/uploads/2018/06/BCN-Presentation-June-2018-no-management-slide-04.06.18-1.pdf ...

i’d post the link to bcn’s recent presentation... but someone seems to have screwed up the website... gone into a lockdown mode?... it does state that hanwa had expressed their intent to take up their 19.9% holdings option... not sure if that tallies with the $15m...

well today is the start of q3... the start of bcn’s new financial year 2018/19... time for the transition to begin... explorer to developer to producer... $50m/$450m... some way to go yet for the other $400... but it’s a start... anymore for anymore...

stay the **** down there... you’re not having me for christmas dinner... :-)

it doesn’t read that way to me...

all or nothing then...

zinnwald?...

not even the 19.9% you gave rem an exclusive option to buy...

would you/bcn sell the jv’s to keep the project and get it going and avoid or at least minimise dilution to the stage 1 pilot plant project...

1...

it’s on the link at the start of this thread... ff to 4:50...