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KDNC Cadence Minerals Plc

3.53
-0.17 (-4.59%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cadence Minerals Plc LSE:KDNC London Ordinary Share GB00BJP0B151 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.17 -4.59% 3.53 137,356 16:35:26
Bid Price Offer Price High Price Low Price Open Price
3.60 3.80 3.80 3.70 3.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phono Recrds,audio Tape,disk -5.5M -0.0304 -1.22 6.7M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:26 UT 24,464 3.53 GBX

Cadence Minerals (KDNC) Latest News

Cadence Minerals (KDNC) Discussions and Chat

Cadence Minerals (KDNC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:263.5324,464863.58UT
08:59:513.732,05176.50O
08:55:283.80260.99O
08:55:283.803,000114.00O
07:58:173.61100,0003,612.00O

Cadence Minerals (KDNC) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Cadence Minerals Daily Update
Cadence Minerals Plc is listed in the Phono Recrds,audio Tape,disk sector of the London Stock Exchange with ticker KDNC. The last closing price for Cadence Minerals was 3.70p.
Cadence Minerals currently has 180,971,037 shares in issue. The market capitalisation of Cadence Minerals is £6,695,928.
Cadence Minerals has a price to earnings ratio (PE ratio) of -1.22.
This morning KDNC shares opened at 3.80p
Posted at 18/4/2024 08:57 by diesel
The parallel with EMH, a company that KDNC has a holding in, is significant, tiny Mcap companies with massive potential resource.
Posted at 05/4/2024 14:51 by northwestwirral
Placing to raise £500,000 and Issue of Warrants to Advance the Amapa Iron Ore Project

Cadence Minerals (AIM: KDNC; OTC: KDNCY) announces that it has successfully raised, subject to Admission, £500,000 placing of 16,666,667 new ordinary shares


The Issue Price represents a discount of approximately 43 per cent.
to the closing price of 5.25 pence per ordinary share on 4 April 2024
Posted at 25/3/2024 08:22 by hooded claw
Dj, that was a quick turnaround ? Although I know what it's like when you become jaded with a share.
Posted at 08/3/2024 09:01 by iceagefarmer
Bringing cadence to cadence
Positive updates

THE OAK BLOKE
MAR 7, 2024

Iron Awe
Dear reader,

My first article back in August 2023 as “The Oak Bloke” was Cadence (LON:KDNC).

Comparing last August to today an utter decimation of Lithium and Rare Earth plays. (who’d have thought - so much for energy transition and shortages!)

This charts set out the movement from August to today.


KDNC announce disposal of Hastings (HAS) freeing up an estimated £0.75m towards progressing Amapa.

Today KDNC announce several positives:

Both EMH (European Metal Holdings) and EG1 (Evergreen) are themselves progressing their projects. EMH has a 36.7% IRR and a 51% partner in CEZ the state power utility and backing from the European Bank of Reconstruction and Development while EG1 is earlier stage but with cash for a long runway. The DFS is imminent and the FID due in 2024. While the entire lithium juniors are down, the medium-long term growth of lithium demand remains undimmed.

Moreover EMH’s NPV is at conservative commodity price estimates. For example EMH's PFS put Lithium Hydroxide at US$10,000/tonne and Carbonate at $12,000/tonne. Even with today’s low prices they are not THAT low!

Also of note is EMH’s simplified flowsheet. WHI said "At the full 20% reduction, this increases our NPV10 for the project as envisaged currently by EMH of $149m to $1,217m using our new long-term lithium carbonate price of $15,000/t, and by $300m to $3,655m for our expanded case (whereby EMH doubles production from year 6)." That would imply a 6.5% of EMH @ US$3.6bn NPV x 49% is worth £90.25m/49.88p or an extra 15.94p a share.

Further investments made in Amapa should move KDNC’s ownership from 32.6% to 35%

The Amapa project has unannounced but referenced capital savings it will announce in its March update.

The Amapa product will be a higher value 67% FE ore worth $10/tonne more. This leads to the NPV of $949m up towards $1.2bn. On a 35% holding this equates to a £77m uplift from the prior £253 valuation to £330m.

KDNC has reduced its costs by cancelling its dual listing with Aquis.

>50% resource upside via Tucano which is adjacent to Amapa and where gold mining has recommenced but where KDNC has mining rights to the Iron Ore. There is an opportunity to improve the economics of the overall project further than my estimate of $1.2bn.

Tucano is one of the areas. There is also the "Great Panther" area which could contain further orebodies. A doubling of ore is not impossible. 50-100p?/KDNC share.

What premium value is there for safe jurisdiction assets? Who controls 80% of lithium refining and battery production. Not the West. Where's EMH located? The West. A few dozen miles from Bavaria's and Czechia's EV production. EG1 is in Australia. Sonora is proximate to US/Mexican EV production. Given the geopolitical tensions assets in friendly jurisdictions usually come at a premium – and not at a 98% discount.

8. EG1 – there's a further A$3.47m of shares due to KDNC on completion of certain performance milestones. Assuming this occurs this would have the effect of diluting existing EG1 shareholders by 24.6% and would increase KDNC's holding from 8.7% to 33.3%. EG1 is a A$46.17m market cap so a third would be worth £7.77m (£5.67m more).... at today's prices. Going back to the NPV of £570m that 33% would be worth £188.1m – or an increase from £0.27 to £1.04/per KDNC share.
Posted at 07/3/2024 08:58 by djfrankie2
Here we go another day in the life and times of kdnc ,Hastings sold out with a 4m net paper loss Sonara will never bring in any money Amapa if it ever does get funded will lose money any never go into profit OR the Brazilian government won't allow foreigners to mine on their land oh and kdnc emh investment will be drip sold to pay the bills happy investing
Posted at 04/3/2024 08:24 by hooded claw
I dipped my toe in on Friday and bought more today.

KDNC has always been a good share for me over the years as it tends to jump every now and again and it looks primed to do it again.

I was watching VAST in January last year and didn't buy in and was kicking myself when it 4/5 bagged ... need to have skin in the game on top of watching shares that may pop.
Posted at 13/12/2023 11:41 by davesailing
Cadence market cap is 8.9M GBP today - it holds 16.4M European metal shares valued at 4.6M GBP, 2.4M Hastings shares valued at 0.86M GBP and a 32.6% stake in Amapa which is the most valuable part according to the analysts - so the current Cadence share price values Amapa at 3.44M GBP! Interesting.....
Posted at 30/10/2023 12:35 by davesailing
Research team (WH Ireland) have just published their latest Cadence Minerals update - Fair value share price is 71p/share..
Posted at 23/10/2023 20:18 by djfrankie2
Half a million dumped today at just over 5p thats not good on the 5th October i wrote can i realistically see these at 4p another day like today and in the 3p range which is where Kdnc were during Covid i still stick to my 26th September post please see on past performance KDNC have been diluted to hell and back are we due a fund raise at these levels who knows
Posted at 11/2/2021 12:53 by urchin1
Anyone out there care to put a guesstimate where the KDNC share price may go to?
Cadence Minerals share price data is direct from the London Stock Exchange

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