Cadence Minerals Share Discussion Threads

[temmujin] 01/11/2018 15:57

price seems to be in auction 0.14p

[temmujin] 01/11/2018 15:25

just bought due to prem and bnc strong risers...makes sense to me

[rossowheels] 18/10/2018 15:01

Sorry about that.

[jaffa14] 17/10/2018 18:54

I'm still here :(

[chicken01] 16/10/2018 12:10

Wow!, I thought all investors would have been gone by now...just shows eh!.

[pugugly] 16/10/2018 08:05

Marker set re increased stake in Bacanora -

[rossowheels] 02/10/2018 11:33

The thing is you have to look at what their investments would fetch if they became a distressed seller. It's likely that they would have to accept a discount to current market prices. Also, remember that their holdings are likely to be diluted if there investments decided to raise capital unless they could raise funds themselves. On the other hand, one to lock away for a few years and you never know?

[adobbing] 01/10/2018 13:36

Surprised to not see any movement upwards after the announcement today by EMH, as KDNC own 20% of EMH!

[fqr714bhp] 27/9/2018 15:52

Drilling and resource increase is the name of the game.

Told you the drop was over done here.

Onwards and upwards.

IMHO.

[rossowheels] 27/9/2018 15:11

Keep drilling!

[fhmktg] 27/9/2018 14:24

All the data is building nicely.Just waiting for some turf to be cut and mines being built!2019/20?

[loganair] 25/9/2018 11:41

Basically yes, just makes it seem like the said company is do better then it really is.

I once saw a FTSE 100 company do it the other way round because their shares became too expensive and offered 3 new shares for every one share held.

[rossowheels] 25/9/2018 11:35

The thing is a consolation is only window dressing.

[loganair] 25/9/2018 11:33

After any possible share consolidation, the stupid Retail Investor will buy any Rights Issue to only see the share price fall back down towards 1p again.

[fqr714bhp] 25/9/2018 11:04

And this will also make you laugh.

I e-mailed the director's a while ago, urging them to buy a stake in SAV when it was around 3p it went to over 18p and now 8p.

I did not get a reply from the board nor did they buy into SAV after my advice to do so.

BIG MISTAKE as SAV is an awesome company now.

IMHO.

[fqr714bhp] 25/9/2018 10:59

And i think that all EX David Lenigas stocks have now consolidated and KDNC is the last to do so.

Please correct me if i am wrong.

IMHO.

[fqr714bhp] 25/9/2018 10:56

rossowheels.

After the share consolidation, they can raise a lot more cash with the issue of a lot less shares.

Yes indeed it may well even be a 100:1 consolidation?

But that is what will happen, seen it 100's of times.

IMHO.

[loganair] 25/9/2018 10:53

FQR - More like a 100 to 1 share consolidation would only give a share price of around 14p.

[rossowheels] 25/9/2018 10:48

How will they make the loan repayments other than by more debt/equity?

[fqr714bhp] 25/9/2018 10:31

Let me tell what will happen.

Once the Director's have stopped the share purchasing plan in January 2019.
There will be a share consolidation of 10:1 and after that they will do a cash call and repay the loan note.

IMHO.

[fqr714bhp] 25/9/2018 08:24

If there was going to be a fund raising, then why would they be restructuring the loan note? it would be pointless to do that.
They would just do a cash call and repay the loan note.
LOL.

[rossowheels] 25/9/2018 08:23

I agree nothing has changed which is why it continues to fall!

[the bull] 24/9/2018 17:29

whenever there is a new broker, usually a fundraiser follows soon after, not all the time though

[seaclipper] 24/9/2018 17:05

Onwards and upwards.....that would be a first..... .