john_jacobs6
10 Feb 2020
Electric Vehicles Set to Triple in Two Years The two years is nearly up. Electric vehicle sales are flat due to charging infrastructure lack and the Uk hasn’t got enough generating capacity anyway. Lithium shares doing badly likewise
forwardloop
30 May 2018
Electric Vehicles Set to Triple in Two Years [link]
in4apennyin4amil1
13 Apr 2018
On course for construction in H1 2018 From the last RNS.Says it all.Short construction time for a resource which demand is increasing exponentially in the next few years= Great buying opportunity
in4apennyin4amil1
11 Apr 2018
In case you missed it on Friday Another good update... We just need to see a replacement for Nextview.Sonora Project Update Bacanora Lithium plc (AIM: BCN), the London listed lithium company, is pleased to provide an update on activities at its flagship Sonora Lithium Project in Mexico ('Sonora' or 'the Project'). This update is in line with the Company's objective to commence the construction of a 35,000 tpa lithium carbonate operation at Sonora in H1 2018, targeting first production in Q1 2020. A recently completed Feasibility Study ('FS') demonstrated Sonora's potential to become a leading supplier of high value lithium products to fast-growing industries, such as electric vehicles and energy storage. The FS demonstrated strong economics of US$1.25billion NPV; 26.1% IRR; and life of mine gross operating costs of US$3,910/t Li2CO3, which are comparable to those of the low cost brine producers of South America.Front End Engineering Design (FEED) and EPC/EPCM EngineeringDesign of both the roaster/kiln FEED and the crystalliser/evaporation/IX FEED has commenced following the delivery of bulk lithium samples from Sonora to selected vendors. These two equipment packages are expected to comprise approximately 75% of the total capital cost of the processing plant. Bacanora is in detailed contract discussions with EPC/EPCM engineering groups for all other parts of the processing plant in order to finalise the project cost and to complete budget and timetables in conjunction with completion of the FEED engineering packages. The current FEED schedule is to have designs, cost estimates and process guarantee scopes completed in Q2 2018 with orders for long lead items being placed at the end of the FEED process. The current timetable is based on commissioning and lithium carbonate production commencing in Q1 2020 and will be updated at the end of the FEED process. Project Approvals: Water LicencesWater licence permits covering the Sonora Lithium Project have been granted by the Comisión Nacional Del Agua ('CONAGUA'). This follows the granting of the 'Manifestacion de Impacto Ambiental' ('MIA') environmental permits and the completion of the land acquisition agreements for the purchase of the surface land over the Sonora project area in Q4 2017. EnergyIt is currently envisaged that LNG gas supplies will be initially utilised at Sonora during the early stages of commissioning whilst gas consumption is low. Once energy consumption reaches steady state, pipeline supply to the Project will be initiated. The Company is in detailed discussions with a number of potential Build, Own and Operate (BOO) energy partners for the gas pipeline development to the Project along with the finalisation of the proposed natural gas pipeline routes. Detailed quotes for the supply of LNG are also currently being evaluated. NextViewAs previously announced, the Company entered into a binding placing letter (the "Placing Letter"
with NextView New Energy Bull HongKong Limited ("NextView" in December 2017 and as announced on 28 February 2018, although the Company had fulfilled all of its obligations in respect of the Placing as of that time, NextView failed to forward the Placing proceeds to the Company, leaving it in default under the terms of the Placing Letter. In spite of repeated efforts on the part of the Company requesting that NextView remedy its continuing default, NextView has continued to fail to complete the Placing as contemplated under the Placing Letter. Accordingly, the Company has terminated the Placing Letter and has reserved its rights to pursue any available legal remedies against NextView. FinancingThe Feasibility Study estimated the capital cost for the Stage 1 production of 17,500tpa of lithium carbonate at Sonora at US$420M. The Company continues to finalise its debt and equity financing strategy with Canaccord and its other financial advisors. Bacanora CEO Peter Sec
in4apennyin4amil1
04 Apr 2018
Nice update Although it'd be good to get some news on a replacement cornerstone investor...Bacanora Lithium plc (AIM: BCN), the London listed lithium company, is pleased to provide an update on activities at its 50 per cent. owned Zinnwald lithium project ('Zinnwald Lithium Project') in southern Saxony, Germany where a feasibility study is underway to develop a strategy to demonstrate the economic viability of producing higher value lithium products for the European battery and automotive sectors. The Company also gives an update on corporate activity, including confirmation of its re-domicile to the UK.Zinnwald Lithium ProjectThe feasibility study for the Zinnwald Lithium Project in Germany continues on schedule. Following the completion of the infill drilling programme in December 2017, assay results are currently being collated. Work for the purposes of updating the resource estimate in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ('NI 43-101') will commence in Q2 2018 and will be followed by mine design and mine planning activities. Work on the processing flow sheet has progressed through the crushing, grinding and magnetic separation stages and roasting testwork is now underway. Once this work is completed the metallurgical testwork will focus on the production of high value downstream lithium products, facilitated by access to product reagents from the chemical industries located in Dresden. The feasibility study remains on track for completion in Q2 2019.
velocipede
29 Mar 2018
Re: Prices Same price here - Halifax finally got its act together and managed to buy.
shugg1e
29 Mar 2018
Prices I got this at 94p to buy today it seems the systems are not properly correlated with the new name yet as some show 86p
velocipede
27 Mar 2018
Re: Im in today Well yes, nice money if you can make it. What a farce!
shugg1e
27 Mar 2018
Re: Im in today looks like a timely entry closed at 90p can see them storming back to 120p area
Rakkyd
26 Mar 2018
Re: Im in today Same here. My HL account can't find BCN which is annoying as i want to top up my SIPP.Hope they get this sorted asap.
JimogC-O-D
24 Mar 2018
Re: Im in today They're in the process of being 're-domiciled' basically moving the stock from one index to another. I think they were on the Canadian indexes and are moving to the AIM. It was quite worrying when I looked at my SIPP!
velocipede
23 Mar 2018
Re: Im in today That's weird - just tried to buy on Halifax and it's not recognising the name or code. Shows all my past trades as 037N. Is it suspended?
shugg1e
22 Mar 2018
Im in today Hit the 77p target so in for 10000Talk about pulling back Whats happened to ll the rampers pluging this at 120-145p
in4apennyin4amil1
16 Mar 2018
Re: Interesting Read on VW You're right, but medium to long term is still a great prospect.Indeed, because of the open pit mining it's potentially only 2 years away.
