Share Name Share Symbol Market Type Share ISIN Share Description
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 3.50 0.00 07:52:30
Bid Price Offer Price High Price Low Price Open Price
3.00 4.00 3.50 3.50 3.50
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 3.50 GBX



CADENCE MINERALS (KDNC) Discussions and Chat


No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all CADENCE MINERALS trades in real-time


jlondon: Cadence Minerals [KDNC] share price, currently at HL, live advertised price: "To sell 0.09p and to buy 0.11p + 11.35% " at 2:15pm, Wed, 11 Sep 2019. Please check by clicking on "deal" at HL KDNC. IRON ORE PRICES 1 hr ago: 92% Fe is nearly $95 [Up] On Twitter via #kdnc.
jlondon: Cadence Minerals Plc - Share price is up again, the 2nd day after the Alan Green interview. From recall, the share price went up 7.41% yesterday into the close after the late afternoon Alan Green interview. Share price is currently 0.9p and 0.105p +5.41% & Mkt Cap £10m at 10am [Source: Lon Sth East KDNC delayed] ALAN GREEN INTERVIEW: "Cadence Minerals £9m. GREEN: BEAN COUNTERS have been OVER it. Amapa EBITDA $136m per year for next 14 years & Cadence Minerals [KDNC] has 27% of this. Even if it misses at $90m-$100m, MASSIVE, MASSIVE UPSIDE. Other ASSETS E X C E E D Cadence Minerals MARKET CAP. Amapa different BALL GAME. Former Anglo-American mine valued at $462m." Comment: The market would have or may have noted "bean counters have been OVER it and other assets exceed Cadence*s MKT CAP."?? The interview is on Twitter so kindly check. DYOR. Capital at risk. Wed, 11 Sep 2019
jlondon: VOX Mkt:2 Kiran Mozaria, CEO, KDNC interviews on Amapa which some may have missed: 27 June 2019 Interview: hxxps:// 1)"In 2012/13, Amapa was worth $600m on Anglo-American books. They are buying it for $12.5m. KDNC paying $2.5m, then later $3.5m." [Me: So, now we know that KDNC will pay $6m in total and Sino the JV partner will pay $6.5m. This was not known before] 2)Current situation: "SIMILAR iron ore prices." [Me: K.M means that at the time of $600m value, the iron prices are like now.] 3)Anglo was PRODUCING 6.5m tonnes per yr. They were selling Amapa when the port accident happened? High Net Individual mentioned - Zamin. Port collapsed -stoped logistics -no revenue. Continued to mine till 2015. 2015: iron ore prices dropping for a long time then administration. $40-$50 p/t?. [Me: So, now we know how the administration came about after Zamin bought it & iron ore prices fell then Amapa went into administration?] 4)In full production under KDNC [20+7%] & Sino JV partner, they will produce 4.5 MILLION tonnes per yr with MAJORITY 65% Fe. Currently, iron ore $120 p/t at time of this interview. 5)2 advantages: INCREASE in iron ore price & cheap costs to KDNC & Sino JV. 6)14 mine life with PORT & RAILWAY. 7)KDNC to pay $3.5m at a later date for next 7% to 27% from 20% currently. ------------------------ <><>24 May 2019 Kiran Morzaria interview: 1)Valued at $600m by Anglo-American in their books. Profit $170 MILLION PER YR. There*s infrastructure, port & railway. Open pit. Stockpile will fund re-commissioning of mine. Justin Waite, Interviewer: $170m profit. Simplified maths - run it DOWN to $100million. 1/4 = $25 MILLION WHICH IS MORE THAN YOUR MKT CAP OF £14 MILLION. Kiran Mozaria: Yeah. Time to get there. Simple way put it that way. China -people who want this product [KM]. Why iron ore now [JW]. Look at supply/demand across commodities. Look for commmodities cheaply. Last year iron ore $95 - $111 for 65% Fe iron ore. LONG TERM UPTREND for iron ore 2-3 yrs. ------------------------- $25m per year as above = £20.8 million per yr to KDNC [£1=US$1.2] 27% share of $100= $27m. So J.Waite has cut it down from $170m p/y to $100m & from $27m to $25m p/y to KDNC. Share price 0.10-0.11p and Mkt Cap £10m IF, Say P/E 10= £200.8million [norm] -- Implied 20 X [vs £10m mkt cap]= 2p IF, Say P/E 5 = £104million [lower] --- Implied 10 X [vs £10m mkt cap]=1p ----------------------------------------------------------- [Please check what was said in the interview] [Ilustration from interview figure mentioned by Justin Waite per his simplified maths] Kindly check. DYOR. Mon 9 Sep 2019
induna123: John, they could release all the news in the world and it wouldn't shift the share price. Not while consolidation is on the horizon, as we'll know that is a preclude to more fund raising, more placings, more dilution to Cadence shareholders. The share price has fallen to below the nominal value of a tenth of a penny, hence why they need to consolidate. This stock is simply a confetti machine.
jlondon: KDNC share price: 0.10p/0.113p - Mkt Cap £12m. Portfolio >19% of European Metal = £6.46m [if 20% £6.8m] >1.7% of Bacanora = £1m >10% of Mcarthur Min = £1m Total: £8.8m Loan :- £3m Net: £5.8m [Attribution degsie from Lon Sth East] Additional: Clancy Auroch Argentine Australia - 3 projects Greenland licence - 100% Bacanora [30% JV with KDNC - see details] Hastings Yangibana 30% JV New: <>Amapa Iron Ore Project: Brazil Initially 27% Payment: $2.5m for 20% [27.6.2019 RNS-£1.6m raised @ 0.11p to fund initial payment] $3.5m for 7% >INITIAL REVENUE: Q 4 , 2019 <>AWAITING: Approval of a judicial restructuring plan submitted by Cadence & Indo-Sino. Transfer of 99.9% share capital of Amapa to Pedro Branca Alliance etc. >About Amapa: Anglo American sold Amapa for $130m to Zamin in 2013 [others competing to buy then include Glencore etc] Value of 70% of Amapa on Anglo books at US$866m [100% $1.2 billion] After Impairment valued at : US$462m [Anglo] Annual profit: US$171m [Amapa under Anglo] <>CEO [KDNC] Interview with Justin Waite, Vox Mkts recently: $25m profit potential to KDNC [please check] DYOR. Please check with KDNC RNS 7 Jun 2019 & 27 June 2019 [Amapa] Tues 23 July 2019
jlondon: Cadence Minerals plc Share price: 15.5p Mkt Cap: £14.09 million Bacanora Minerals deal with Gangfeng, largest lithium producer in the world. There were 2 parts to the deal, 1 in the purchase of Bacanora stock at 25p and the other in buying 22.5% in the direct SONORA lithium project for £7.5 million with an Option to go up to 50% at the prevailing share price of Bacanora then. From the Bacanora Minerals latest presentation, the Ventana property has a 20 mine life belonging to Bacanora and a small part I believe with KDNC. However, the greater Sonora resource of which KDNC owns 30% of in the JV with Bacanora, it has a mine life of 50 yrs. However, Seckers said in the IG interview yesterday that the Sonora project has a mine life of 250 yrs. In the case of Lithium Americas Thacker Pass, USA [largest in America], it has a mine life of 46 yrs. [Lithium Americas deal also with Gangfeng] So, 20 years is rather short. So undoubtably, the Sonora JV will have to come into play at some stage. GENGFENG - Bacanora deal,Mon 20 May 2019 puts a potential price marker via this said M & A. So how much is the KDNC 30% worth of Sonora [2] based on the potential of what Gangfeng paid? Simple maths: If 22.5% [based on 25p share price of Bacanora]= £7.5 million, then how much is a 30% stake worth? 30 x 7.5 divide by 22.5% = £10 million approximately? This is yesterday*s price and not the price of the future Bacanora share price. KDNC MKT CAP OF £14.09 million vs £10m potential [Sonora] That effectively means that KDNC is selling for virtually £4 million. Even KDNC*s 20% stake in European Metals [EMH] is worth 20% of £34.46 million @23p = £6.8 million. Then, there is Auroch near Aeris Resources drilling in South Australia said to be potentially bigger than BHP*s Olympic Dam world class copper mine, Hasting Metals Technology [30% JV] in the hot rare earth sector, Cadence Greenland next to the world class rare earth Kvanjfeld project [GGG:ASX] , Picasso lithium near the High Profile Bald Hill belonging to Alliance Metals [ASX:A40] in Western Australia , KDNC Northern Territory, Oz lithium licence near Core Lithium on ASX and another lithium licence nr Alice Springs, Australia. Just check how much these co*s are trading on the ASX especially Hastings and A40 [A$129.8 million & A$270 million respectively] No wonder David Lenigas tweeted that day after day, there is good news but KDNC does not reflect fair value? This does not include the iron ore deal today. I checked on CEO.CA MMS and they are talking about the KDNC iron ore deal. Tues, 21 May 2019
jlondon: Cadence Minerals share price - Market woken up to the MacArthur announcement. Share price at HL - live price to sell at 0.165p and to buy 0.1699p + 23.63% at 3.06pm, Thur 16 May 2019 The MMS share price on the American mkt is also up on OTC the last time I checked.
johncasey: lithium stocks in demand! Wesfarmers lines up Kidman Resources as latest takeover target By Lorna Nicholas - May 2, 2019 Wesfarmers Kidman Resources ASX KDR WES lithium takeover bid Kidman Resources (ASX: KDR) has become Wesfarmers’ (ASX: WES) latest takeover target after the conglomerate lobbed a $776 million bid for the advanced lithium explorer. Today’s bid come less than two months after Wesfarmers made a $1.5 billion unsolicited grab for rare earths miner Lynas Corporation (ASX: LYC). The offer was followed with a statement from Lynas’ board claiming it “would not engage with Wesfarmers on the terms outlined in the proposal” and advising shareholders there was no action to be taken regarding the unsolicited proposal. However, in this morning’s announcement, Kidman’s board has noted it will engage with Wesfarmers with a view to finalising a binding transaction that will be put to shareholders. As a result, Wesfarmers has been granted an exclusive period to complete due diligence on Kidman till the end of the month. Wesfarmers’ offer Under Wesfarmers’ offer, it proposes to acquire all of the shares in Kidman at $1.90 each, which represents a 47.3% premium to Kidman’s last closing price of $1.29 on Wednesday. The bid has numerous hurdles to jump before it becomes a done deal including various shareholder and regulatory approvals and Wesfarmers agreeing to certain commercial matters with Kidman’s joint venture partner Sociedad Quimica y Minera de Chile SA (SQM), which is the world’s largest lithium producer – accounting for 20% of global supply. Backing the deal are Kidman’s three major shareholders, which hold a combined 16% stake and have noted they would vote in favour of the takeover should it become binding. Wesfarmers has also shored up its intentions to cement the deal by scooping up almost 70 million shares in Kidman on Wednesday giving it a 17% interest. Kidman Resources snapshot Kidman owns 50% of the Mt Holland lithium project in Western Australia, which hosts the Earl Grey deposit – known as one of the world’s largest hard rock lithium deposits with a resource of 189 million tonnes at 1.5% lithium and a reserve of 94.2Mt at 1.5% lithium. A definitive feasibility study is underway to develop an integrated mine-to-refinery operation, with a plant proposed to be established in Kwinana WA to produce a battery grade lithium hydroxide product for lithium-ion battery markets. Under the prefeasibility study, which was released in December, the operation would have a 47-year life to generate total life-time revenue of US$33.3 billion to be shared by both parties. Wesfarmers’ rationale With a diversified business portfolio spanning retail, chemicals, energy and fertilisers Wesfarmers expects to draw on its cash reserves, operating capability and knowledge to facilitate the development of Kidman and SQM’s proposed mine and lithium hydroxide plant in Kwinana. Wesfarmers’ rationale is to secure a stake in the accelerating electric vehicle revolution where it anticipates it will generate attractive returns due to lithium being a critical raw material in EV batteries. Currently, Wesfarmers manufactures industrial chemicals and fertilisers in Kwinana, which are shipped nationally and overseas. The company expects its experience will complement that of SQM, which has a market cap of around $13 billion, and vast experience in producing and selling lithium products including lithium hydroxide. This morning’s news sent Kidman’s share price rocketing more than 40% to reach $1.83 before mid-morning, while Wesfarmer’s share price dipped 0.89% to $35.47.
jlondon: Macarthur Minerals [TSX, Canada] Canadians on CEO.CA discussing $CIA as the peer to $MMS. $MMS share price: C0.10 +100%, Mkt Cap: C$30m. @Leon: "$CIA $1.87 / MMS 0.10 so where do you think we go from here with +200%." @Basil: "$CIA was 8c in 2015, then financing by Sprott and others and OFF-TAKE BY GLENCORE. It didnt take too long to hit $1." Link: hxxps:// 1hr+ ago, Mon 25 Mar 2019 [UK time 10.05am] <>$CIA [Canada]- CHAMPION IRON LTD Share price: C$1.87, MKT CAP $804.98 MILLION Link: hxxps:// <>ON LONDON SOUTH EAST - KDNC @Djmtrading91,9:54am: " 9.53. 23p , 7,750,220 Buy 17.53k [Please check] KDNC owns 10.1% of Macarthur Minerals [MMS, Canada] DYOR.
adobbing: Let’s hope that holding 9% of a company whose share price has increased 40% since the start of October, begins to exert an anti gravitational pull upwards on the KDNC share price !
CADENCE MINERALS share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200405 03:59:23