Member Info for wolfi_at

from technical chart perspective ...
pic.twitter.com/pJfXN9idol

"Miss The Boat" - Effect ...

wow ... don´t expected that reaction on SP .. so you can imagine what will happen with a low float stock after a positive RNS about project financing ... it´s called "brekaway gap" -)

Job Vacancies @Deutsche Lithium - read the Job descriptions !!:
Project Engineer Ore Processing (m/f)
Project Engineer/Chemist for Chemical Plant (m/f)
Mining engineer (m/f)
Chemical Engineer (TU, FH) (m/f)
-> http://www.deutschelithium.de/en/career/projektingenieur-chemiker-fuer-chemieanlagen-m-w/

IMO currently there is a temporarily oversupply of Li because of all the new Australian Hardrock mines ... but demand is fast growing and soon we will experience Li Shortage again which will start the next Li Boom ...
BNC SP will move directionless in trading range till we get THE long awaited RNS about final project financing ...

just re-read the german document ... the mentioned resource calculation is from reclaiming only...

other hints about Li concentration in the rocks can be found on
p64 -> 1.2% Li
and p.137-p138 -> 0.2% - 1% Li

from 1981 (!!) : 57,44 Li2O [kt] = 157kt LCE Li2CO3 [kt] (* factor 2,473)

Source (german) -> page 215
http://www.qucosa.de/fileadmin/data/qucosa/documents/7386/Zinnerz_Altenberg.pdf

btw. there are a lot of by-products (SN) ...

not necessarily ... there are still many other options w/o equity raise ... which would lead to dillution of instituional investor share stakes too (!) ...
BCN may sell their borate projects, spinn off Zinnwald or sell it to / get financing from German carmaker, get add. project financing loan(s) from new cornerstone investor(s) ... sell some sonora licences ...instinctive feeling and good timing is required ...

36p soon (min target) ... very soon ...

have a look at https://hotcopper.com.au/threads/ann-wolfsberg-lithium-project-dfs-update.4675449/
EUR (with Wolfsberg project in Austria...) is taking off ... Zinnwald project is similar but even closer to German car industry ...

my updated chart analysis (1h chart) ... https://twitter.com/wolfiat/status/1107724016905871360

thats ok, we are in consolidation after last weeks rise ... trading range ... resistance @23p @ downtrend line, Breakout will be confirmed with a close > 23p... maybe we´ll see a breakaway gap above 23p already in the next few days ... Support in the range from 19.5-21.5p ...

@stroga: Hi, pls. leave a message on my twitter account ... I sent chart picture on weekend ...

It´s not allowed to share personal information here ...

Li supply & demand ... great read & interview
https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/video-howard-klein-lithium-is-a-one-way-bet-with-a-long-term-time-horizon/?mqsc=E4038125

3.7M Shares ....
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/BCN/14004746.html

my "big picture" ... https://twitter.com/wolfiat/status/1106831377876615173

stage1 = 17.5kt LiCarb = NPV 1.25B us$
stage2 = 35kt LiCarb = NPV 2.5B us$ (???!!!)
+ 20M Cash
+ 200y+ resource
and yes ... Zinnwald should be worth also a little bit ...

that´s wrong ... sentiment and expectation have changed !!
the 2 most important factors for SP ...

let me tell you a lesson i´ve learned ...

I once bought Orocobre shares for 10ct ... after they closed financing deal shares rose sharply .. I sold @ 30ct happy to have tripled but then watching on the sidelines (too exepensive to re-enter, waiting for a dip etc....) a rise up to 300ct ... missed a "lifetime opportunity" ...

back to BCN: When SP can fall from 179p to 12.5p it also can rise from 12.5p to 300p ... there is no too high or too low in stock market ... it´s always depends on the underlying expecation ...

just checked qtrly report fron southern copper ... very impressive
http://www.southerncoppercorp.com/ENG/invrel/INFDLPressRelease/pr190211.pdf

We are always focusing on stage1 of project with a NPV of 1.2B us$ ... what if southern copper decides to invest some more money and wants to start with full stage 2 production capacity (35kt LiCarb. p.a.) ... which NPV then ?? BTW the original project production was 50kt pa. ... the resource and the possibilities are sooo huge ...