Member Info for tomcat-14

was just going to ask what our reporting requirements were... for bcn lithium plc... aim:bcn uk... only the pru felt compelled to rns their holdings in the bcn lithium plc... maybe as they’re the only investment company over 10%... but are they the only notifiable interested party... or did they just volunteer that rns out of good pr and transparency for their shareholders... http://ir1.euroinvestor.com/IR/Files/RNSNews/255092/BacanoraMinerals_13865954.pdf ...

from yesterday 6apr18... http://ir1.euroinvestor.com/IR/Files/RNSNews/255092/BacanoraMinerals_13872413.pdf ... nextview... very interesting that bcn have legally cancelled the binding agreement... ‘Accordingly, the Company has terminated the Placing Letter’... i expect that the legal agreement only allows the company that is not in default to actually do that... and done so quickly...

if not would 4 by any chance... give you npv0 $3.5bn... that would be the 2 that you save and keep for yourself... and the other 2 net profit for the sale/purchase... 4 split 50:50... win:win... 842 hey... a magical number... they key to success whatever road you take once you’ve achieved it... well done bcn... ;)

42... pre-production = vertical integration... ;) why pay 8 for the refined product... when you can buy it for 2... and mine and refine it yourself for 4... that way it only costs you 6... for something being sold in china for >24... 4 times... and who knows really... what price it will peak when the reality of an exponential disruption is upon us... better to be safe and in control... than left behind with nothing... i haven’t worked it out but... would 2 upfront in your hand... give you npv0 $3.5bn by any chance...

842... in production gives you a gross profit of 25%... not bad... a little low for high risk mining / chemical production imo... but based on contained lce it includes production losses to 35% gp on the recovered lce... which is a bit better... and the 3% royalties... sonora peaks even higher than that ;)... but the capex for stage 1 and organic stage 2 pulls the overall av gp down... but 35% gp @$11,000/t lce... an excellent base to start a project... npv8 $1.25bn...

842... what does it mean hey?... 8 is the buy/sell rate... 4 is the production rate... 2 is the net profit rate... 42... what does that mean?... 4 is the production rate... 2 is the sale/purchase rate...

does anyone have to hand the link to the news supplement... from whi i think... explaining and clarifying the loss of the tesla contract news... something about funding the tesla deal with the pfs project... and not being able to do that successfully due to not being able to disclose the details... it was further clarification of the news in this rns from memory... http://irservices.netbuilder.com/ir/cadence/newsArticle.php?ST=REM&id=1986506 ...

from my earlier post at 22:35... ? = ‘change out of $6,000/t’...

the reserves are there... table 1.5.1... i wonder if it’s physically possible to have... how may?... five... all on the go between now and 2025... one each for the first five incumbents or new-starters who still want to be supplying cars 2026... in volume...

lol... i replaced golf with lithium... see... ^

it’s generic barksy... anyone or everyone who wants one...

do bear in mind that these costs are all-in... the capex is included... opex and organic growth... all included... everything for a complete stand-alone project... start to finish beginning with nothing... you could almost market it as a fully integrated lithium supply to accompany any relatively sized battery factory...

i do believe bcn have come up with the goods with the fs... done exactly what it says on the tin... always worth re-reading old sedar/rns’... helps you get to sleep addicknt... ;)

you there observer842... ? lol

i could re-post the figures like this to make it a bit more obvious... $8k/t... $4k/t... $2k/t... (although the $4k in this post is the o/a production costs $/t contained lce [i.e. $8,193/t - $4,184/t = $4k/t contained lce]... and in this instance the $2k/t contained lce would be ?... anyone?...) ob?... ;)

i guess no-one noticed the mathemagic in the figures last night... musk try harder... from bcn fs table 22.1.2... net revenue $8,193/t contained lce... pre-tax profit $4,184/t contained lce... post-tax profit $2,897/t contained lce...

hope the message is hitting home...

tbcontinued... resource : reserves is quite likely to be 2:1 when it’s fully infil drilled... so multiply post 01:06 by 2... then multiply that by 20 for the full strike length... as post 00:07... divide by shares in issue... so how close was our allusive mr gilby then?... ;)

i know... ;)

using the values/t lce contained... worked out earlier... total net revenue $8,193/t lce contained x 1,170kt lce mineral reserve = $9.583bn kdnc... total pre-tax profit $4,184/t lce contained x 1,170kt lce mineral reserve = $4.894bn kdnc... total post-tax profit $2,897/t lce contained x 1,170kt lce mineral reserve = $3.389bn kdnc...