Cadence Minerals Share Discussion Threads

[dubian99] 22/3/2019 08:31

The avg for the last 6 months was circ 0.15 so really only doubled, now there will be income in the millions for the next 10+ yrs, with just 1 deal,
is that worth just double December mcap, don't think so,
pros mugging amateurs and gamblers imo

[ihavenoclue] 22/3/2019 08:29

dave ... why can't you buy then if that is the case ?

[datait] 22/3/2019 08:28

lol 240% rise and you think its not going to plummet come on dont be greedy

[depjoe] 22/3/2019 08:26

and dave turns up so hates missing out
sad sick man

[ihavenoclue] 22/3/2019 08:26

dave ... I take it you are trapped then ? lol

[datait] 22/3/2019 08:23

Get into WDC thats the next big thing folks watch this space.

[dave4545] 22/3/2019 08:23

Crazy that there's so many people out there that still do not know the general rules for chasing the biggest % riser first thing the day after and that is they will get trapped. Still the usual suspects that turned up yesterday to pump and dump are happy and well out of the stock now.

[saxxxon] 22/3/2019 08:16

Just remember MMS is up 410% and it hasn't even traded on the news yet. It'll bag a few more times from there increasing KDNC's 10% value. Hold and wait for MMS suspension to be lifted.

[cl0ckw0rk0range] 22/3/2019 08:10

Lois like they are trying to keep a lid on this!

[tomboyb] 22/3/2019 08:08

There will be a lot of interest here -

Look at it go -

[chinese investor] 22/3/2019 08:07

GO GO HORSEY !

[tomboyb] 22/3/2019 08:06

Free holding so good luck -

[fatmaa] 22/3/2019 08:04

Will rise more then 100% again today for definite! Wait for Rns

[cl0ckw0rk0range] 22/3/2019 08:04

Another 50% day?

[rk23] 22/3/2019 08:00

Going to be a one good day!

[extrader] 22/3/2019 08:00

Hi JohnCasey,

.."i bet zioc investors are gutted..they were banking on a glencore deal in congo.."

GLEN the trader has struck deals recently with a number of prospective iron ore producers, helping them to get to the next stage of their financing by agreeing to enter into an off-take agreement that basically means that IF/WHEN the miner produces product at an agreed volume, time and price, GLEN will buy and market it. No doubt at a discount to the prevailing market price for a number of years, as a form of 'facilitation fee'.

This is low commitment/low risk stuff for GLEN the trader.

Zanaga is a different kettle of fish : for starters GLEN owns 50% +1 share of the asset, so its finance is the (part) responsibility of GLEN the miner.

If it does a sales offtake agreement with Zanaga (which I'm sure GLEN the trader would like, keeping profit in-house) , it'll be sourcing product from itself....and will have to vouch for the product, so it's exposed to all manner of financial and performance risk.

If it doesn't do a low risk offtake agreement, that'll look extremely odd. And potential lenders will expect to see a let of GLEN the miner's skin in the game, if it expects anyone to co-finance its asset.

So there's virtually no read-across and no relevance Marshall/Zanaga.

ATB

[kirk2] 22/3/2019 07:59

trying to add first thing , not easy mo quote yet , want 2 miil.

[costax1654x] 22/3/2019 07:55

What intrigues me is the option to extend other 10 yr

[costax1654x] 22/3/2019 07:52

Probably another 80% today...and I haven't got spare money to invest!Gl all

[timw3] 22/3/2019 07:47

another 50%+ TODAY

[bobdown2] 22/3/2019 07:37

I hope you are good at maths....would imagine the clue is in the word suspension.