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Bacanora Lithium PLC BCLMF

Bacanora Lithium PLC is a United Kingdom based mining exploration company. The company operates in three operating segments which include the exploration and development of mineral properties in Mexico through the development of the Sonora mining concessions and the investment in Zinnwald Lithium Plc.


OTCPK:BCLMF - Post by User

Post by Fireflyingon Mar 02, 2015 10:49am
67 Views
Post# 23479605

Up 12.40% on the AIM in London...

Up 12.40% on the AIM in London......looks like we'll have a good day here as well.

The value just keeps building; we're in for an exiting year in Lithium and borates.

Key points:
Borates underpinning the current mcap.
$12 million in the bank and forecast expenditure for this year of $6 million so placing unlikely until the sp is higher than now and to be honest, I think they'd be looking for $2-5mio at most which is a small % of the mcap so minimal dilution.
Loads of news coming through (two PFSs for starters, plus one hopes news of off-take agreements).

Regards.
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