Member Info for wolfi_at

it seems the link doesn´t work ... one more try ...
https://pbs.twimg.com/media/ECAiD_XW4AEvMYm?format=png&name=large

I have following big picture in my mind ... had this already since some weeks but oculdn´t imagine BCN again will fall soo deep ... an clarification from PS / BCN via a RNS would be very very helpful NOW ...

I have following big picture in my mind ... had this already since some weeks but oculdn´t imagine BCN again will fall soo deep ... an clarification from PS / BCN via a RNS would be very very helpful NOW ...
https://twitter.com/wolfiat/status/1161966159891259392?s=20

I don´t think this refers to already signed agreements ...

there is no "MUST" in stock market !!!!!

JT Energy Systems will be taking over the former Solarworld plant in FREIBERG to create “the largest European production centre for batteries and charging systems in intralogistics”
...

Sources:
https://www.electrive.com/2019/08/08/jt-energy-is-taking-over-freiberg-solar-factory/
https://www.presseportal.de/pm/33063/4343186

Deutsche Lithium GmbH is a Joint Venture of SolarWorld AG i. L. and Bacanora Lithium Plc. with HQ in FREIBERG
-> Could be a perfect symbiosis

have a loot at the weekly chart... support line is broken we are heading down till next support area (30-35p) ... i still hope for an emerging big inverse SHS formation, now developing the right shoulder ... if confirmed with target above 70p (last swing high + size of running correction ...)
but this is theory only as I don´t own a crystal ball, all depends on release date of next RNS which will be the trigger for the next move which could happen any day now ...

MC of 59M us$ ... with 20M us$ cash .. and Sonora with signed agreement with cornerstone investor + Zinnwald project
wow ... incredible ... i wish I had some money left ...

kdnc with jv of 30% [identified as Sonora stage2] will be great beneficiary also ?!? .. i don´t think that KDNC will take 30% of the costs of Sonora project ... would be interesting to have a look into the JV agreement ...

today (and several times before) I recognize a big difference in SP quoting between London and Germany (tradegate) ...
I can see / get a price of 0,398ct / 0,425ct = 0.37p / 0.39p !!
this is a negative deviation of more than 8% ... that´s really miserable
We again had a very positive day in ASX Li Stocks so the sentiment is a little bit better - I hope BCN can use this tailwinds too ... although the awaited RNS would be the better option ...

todays volume so far is very low ... I assume KDNC has sold all their remaining BCN shares to pay themselve the vacation money ... market now seems to wait for next RNS ... w/o selling pressure price will move fast to adjust MC to fair value (IMO min. 75p - 100p) ... keep in mind, even with depressed Li Carb price Sonora will be a very profitable

I checked similar placements of Ganfeng (PLS/LAC/INT.LIT) ... on average it takes 12 weeks from announcement till completion ...
e.g. PLS. announcement on Jan.2nd 2017, completed on March 26th = 12 weeks (incl. Chin.NY week !!)
ok, back to BCN ... we had announcement on May 20th (=early cw21) + 12Weeks = cw33 = next week ... be prepared !
btw. Ganfeng has done such investments several times, so they have routine and great experience in execution of such deals IN TIME !!

i know that, but I found nowhere any other hint about royalities between REM and BCN - REM owns 30% of several concessions but nothing from the (planned) SONORA project itself ... so there must be any agreement about royalities for their concessions ... I my understanding the posted paragraph not only relates to Colin Orr Ewing but to all other mentioned concessions too ...
or do you have other information ?

u should read last sentence ...
Sonora Lithium Project
The Sonora Lithium Project consists of ten contiguous mineral concessions. Bacanora, through its wholly-owned Mexican subsidiary, MSB, has a 100% interest in two of these concessions: La Ventana and La Ventana 1, covering 1,820 hectares. Of the remaining concessions, five are owned 100% by Mexilit. The Mexilit concessions consist of El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 2 and cover, in total 6,692 hectares. Mexilit is owned 70% by Bacanora and 30% by REM. The remaining three concessions, Buenavista, Megalit and San Gabriel, cover 89,235 hectares, are owned 100% by Megalit and are subject to a separate agreement (“REM Agreement #2”) between Bacanora, MSB and REM. Under REM Agreement #2, REM has earned a 30% interest in Megalit, and has the option to negotiate an increase to its interest of up to 49.9% under terms and consideration yet to be agreed upon. The Sonora Lithium property is subject to a 3% gross overriding royalty payable to a director of the Company on sales of lithium produced from this property.
source: https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00027876&issuerType=03&projectNo=02284839&docId=3644816
-> page 2 & page 4

I already included 30% Ganfeng stake in the calculation -)
That shows the situation AFTER the deal, NVP is also already reduced by Ganfengs project part ...

some corrections & amendments:
Post tax NPV of Sonora $800m x 77.5% (current BCN ownership) = $620m
Post tax NPV of Zinwald €270m x 50% (current ownership) = €130m = $144,18m
-----------------------------------------------------------------------
Total post tax NPV to BCN shareholders = $766,8m
Risk adjusted valuation (i.e. 0.6x NPV) = $460,08m
-----------------------------------------------------------------------
+ Cash and cash equivalents (Feb.19)=$20,47m
+£14.4m for 30% of BCN = $17,5m
+£7,56m for 22.5% Sonora=$9,16m
-----------------------------------------------------------------------
Cash and cash equivalents =$47,13m (- costs for 2019)
-----------------------------------------------------------------------
Current mkt cap (0.1x NPV) =$95,63m (!!!!)
-----------------------------------------------------------------------

both should be a mere formality ... project and resource is superior ... they will never get a better project for this price ...

https://www.investegate.co.uk/article.aspx?id=201908010700035181H&utm_source=feedburnerfeed&utm_medium=feed&utm_campaign=Feed%3A+Investegate+%28Investegate+Company+Announcements%29&utm_term=feed

only one larger trade with more than 7k shares ... all of them are "mickey mouse" trades ...
-> professionals are waiting for RNS ...
-> if these small orders - nearly no volume at all - can depress the SP by over 3% - what will happen after RNS with large order sizes? price will move very very fast ... there will be many short stop losses and new buy stop orders ABOVE the last swing highs ...

pls.read this too (-> conclusion at the end ao the article !!) ...
https://seekingalpha.com/article/4278093-lithium-miners-news-month-july-2019
also intersting ... only a few companies get into production by 2020/21 !!

pls. read latest RNS !!
https://polaris.brighterir.com/public/bacanora_lithium/news/rns/story/xoveq3r

-> Both agreements, which are on substantially the same terms as outlined in the Company's announcement on 20 May 2019, have now been submitted to the relevant authorities in China for approval and completion
-> Completion of the Strategic Investment is anticipated by the end of July 2019