Member Info for wolfi_at

they have agreements with tesla AND vw too ... have a look at
https://www.electrive.com/2019/04/06/volkswagen-and-ganfeng-launch-lithium-cooperation/

Triangle chart pattern MAY be complete ... a-b-c-d-e and new upleg is already in progress or alternative still in wave d of the chart pattern ...

have a look @Nemaska ... crazy ... 600M CAD additional financing for 2.4B (= 75% of company !!) new shares for 0.25CAD / share -> in total the will have issued then 3.25B Shares -> MC = 827M us$ (0,33CAD / share, CAD/USD = 0,76)
... in comparison with BCN -> 134M issued shares * 1,3 (29,9% Ganfeng) = 174M Shares (only !) * 0,475GBP = 103,43M US$
summary: Although NMX project is (in terms of planned produciton capacity) appr. 3 times larger then 77,5% of BCN Stage I, valuation will be appr. 8 times higher, Zinnwald and larger resource is not considered in calulation ... which gives BCN SP a potential for 200-300% of current SP ... and which represents (at least IMO) fair valuation of BCN ...

btw I expect similar jump as in NMX last friday in SP once the financing package for Sonora is complete ...

which confirmation are you waiting for ? they have already signed an Investment and Offtake Agreement !https://polaris.brighterir.com/public/bacanora_lithium/news/rns/story/xoveq3r
we are only waiting for completion of the Strategic Investment which is anticipated by the end of July 2019 (8 Working days left ...) and would form a major part of the Company's finance package ...

Chart: I HOPE for an emerging TRIANGLE formation - now in wave c - which will result in a breakout by end of July / Early August ....

"Outside of China a true premium for battery grade carbonate has never really existed."
BCN will be the first new Battery Grade LiCarb producer outside China!
Source#1: https://www.linkedin.com/pulse/great-lithium-price-disconnect-joe-lowry/
Source#2: https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/lithium-market-update/

yes, now in version 3 (yesterday v.2), but at the first glance I do not see any mojor difference ...

BUT... thats a commercial Project HANDOUT with project key data only ... financing has no place there ... this belongs to the corporate presentation -)

nope ... Ganfeng not mentioned in Bacanora Handout !
only in Corporate presentation !!

hmm... very interesting ... Ganfeng not mentioned ?! although they have already signed Investment & Offtake Agreement (and not an MOU or something else ...)

now with link ...
https://www.bacanoralithium.com/cms/wp-content/uploads/2019/07/BCN_handout_Update-July-19_web_v2.pdf

fyi ... Text already here .. but no download link yet ...
https://www.bacanoralithium.com/investor-relations/restricted-company-presentations/

yes 70-75p short term ... then 100p ... but keep in mind SP not only goes up ... expect some minor corrections too and be happy about buying opportunities ... that´s ok and healthy as long as fundamentals are strong and projects develop further ...

the more I think about it they more I´m convinced ...
IMO SP should go up to 70p-75p w/o problems ... (-> strong chart resistance)
bought 5k more shares ...

especially if you know / follow the story and all the problems from Orocobre (latest Li-Producer) and then compare it to Sonora ...
-> no evaporation time delay, independet from weather, 3-5 working days instead of 2-3 years
-> production of Battery Grade LiCarb, not only Technical grade -> thats the reason for ORE´s LiHydr. plant in Japan
-> production capacity is much more predictable
.. and then have a look at Nemaska Lithium, struggling to raise add. 350M CAD for construction, no experience, underestimated project cost, additional delays / stops till financing is secured
-> i don´t expect such problems with experienced company Ganfeng especially when they own a part of the project & company ...
-> no need to blast and crush hard rock, usage of by products of chemical process gives BCN a major cost advantage ....

remarkable @ 04:45min ff ... have done drilling only for 1/3 (!!) of the licence area -> 8.8 M tons of resources -> 250y project ... still 2/3 untouched !!! huuuge ... this is the REAL value .. the size of this resource

Deutsche Lithium still in negotiation with BASF about new Li Production plant at their Schwarzeheide site ...
https://www.moz.de/nachrichten/brandenburg/artikel-ansicht/dg/0/1/1739436/
more Background ...
https://www.lr-online.de/lausitz/senftenberg/wirtschaft/basf-schwarzheide-will-auf-dem-batteriemarkt-mitmischen_aid-37399117

... and don´t forget the wheater and pond balancing risks with brine evaporation (rain, cloudy wheater etc...) ... just look @ continuously problems @ Orocobre ...

kepp in Mind ... we are still (50p) appr. 70% below ATH !!

current MC = ~67M us$ with 30% new shares for GF ~87M us$
Cash ~20M us$
-> valuation for Sonora (77,5%, producer 2020/21 !!) and for Zinnwald (50%) = 67M us$ !!
still far too cheap ... I expect 70p in the next few weeks which is a major resistance too (-> chart is very bullish / strong -> breakout of an rising flag ...)

Don´t forget that we even may see a trading halt on June 28th ... then no one will / can get in or out ...