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So todays valuation is roughly 1% of indicated resources and that's valuing at $10000 per ton!!!

We don't know for sure future values for all we know we may see future values as high as $50000 per ton because the way Global warming is going we maybe forced to use Hybrid and battery cars much faster.

With an Measured plus Indicated Mineral Resource estimate of over 5 million tonnes (‘Mt’) (comprising 1.9 Mt of Measured Resources and 3.1Mt of Indicated Resources) of lithium carbonate equivalent (‘LCE’)[i] and an additional Inferred Mineral Resource of 3.7 Mt of LCE, Sonora is regarded as one of the world’s larger known clay lithium deposits.

before close for sure this could be a very viable takeover bid target to scoop the resource at bargain! the big boys would secure a lifetime supply with no partnership fees.

Todays share price £30 million equates to only 3000 tons at todays prices.

How many tons does BCN have???????????

Food for thought

Bacanora Lithium as valued by the Relative Valuation Technique from Stockopedia

Current Price
23.8p
Mkt Cap: £ 29.2m
Implied Valuation*
82.1p
(244.9% undervalued)

for me anyone else Badger? go own dig deep that what badgers do don't they

Badger just what is it that you want?
Your own bulletin board, negative only posts and no positive comments?

Seriously I’m wondering do you want this to drop

Problem spam those types blah blah blah

Need to get a grip

We’re ramping now and put our money where our mouths are!

Growler you know what that tells me they ramped too soon the fools!!!

Agreed

Tried to top up

haha badger you took the bait

Right then lets speculate next news timescales

valid fair points and an interesting break down its always great to get other researched opinions. Im very happy to be invested here despite the genuine distractors who have done their utmost to derail the last few days. CHAR is turning into more than frontier explorer a great move for CHAR and still totally overlooked!

creating new support

BB I agree the Lixus news is the driver BUT no one can deny news could come any time on the big farm in's!

I think the rerate will push much higher on news of Lixus partnerships will add confidence and enable the rise to continue. Great time to buy imo

£1million shares just sold

was expected this has performed very strongly but important to unlock the gas here then the real fireworks can start.
I sold yesterday surprised myself the good timing but considering a top up though limited funds currently

barely off the floor feel a steady rise from here to 8p before pausing.

But any news from farm in forget that it will go straight up to 20p short term

22 min in "THE BEST OF THE GOOD NEWS"

damn greedy missed it were quoting 4.22 now 4.39