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KDNC Cadence Minerals Plc

3.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Cadence Minerals Investors - KDNC

Cadence Minerals Investors - KDNC

Share Name Share Symbol Market Stock Type
Cadence Minerals Plc KDNC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 3.50 08:00:00
Open Price Low Price High Price Close Price Previous Close
3.50 3.50 3.50 3.50 3.50
more quote information »
Industry Sector
MINING

Top Investor Posts

Top Posts
Posted at 02/2/2023 10:20 by davesailing
WHIreland has just published a new research note on Cadence Minerals PLC. 33 page analysis of KDNC portfolio. Fair market valuation of 71p per share. Definitely worth reading if you are a serious KDNC investor......
Posted at 03/1/2023 08:52 by djfrankie2
Take the champagne back to the supermarket see if you can get a refund so basically months to wait and a cash call is inevitable even if its just for running costs , i would be surprised in this climate if an investor will be easy to find.
Posted at 30/6/2022 23:24 by djfrankie2
Any idea how low this can go 6p 7p or 8p when the placing happens it will be discounted to the lowest share price rebuilding railway lines not cheap , rehousing residents along the line not cheap, rebuilding port not cheap , getting iron plant up and running not cheap , EMH share sliding not a good time to sell them licenses granted ? i dont know. outside investors coming in maybe or maybe not any views anyone ?? i have this FOMO at the same time ive lost my shirt on these too many times oh and Sonara i will be 100 years old before anything happens there so no golden egg there either .
Posted at 07/4/2022 12:26 by bad gateway
Courtesy of maddog38 over on lse.

K/M on uk investor POD
Posted at 22/2/2022 11:05 by sophiekeeley
Cadence Minerals will be exhibiting/presenting at the Master Investor Show on the 19th of March. To meet them get your free ticket using code ‘CADENCE’; from hxxps://masterinvestorshow-2022.reg.buzz/
Posted at 01/1/2022 13:12 by jimb2
Also posted on LSE

As positive as the article is there's some very big gaps to be filled, HAS world class far superior to it's peers by a country mile and same goes for Sonora add the acquisition by Ganfeng and the remaining 30% JV's, and as have others have mentioned the sign off agreement last week.

I do believe the UK investor interview on 9th December may have been for that purpose, just the way the interviewer made sure all the assets got a mention and detail on how Cadence are positioned plus notes and links for greater detail on the assets.

A good article for UK investor readers and a good performance since being published when share price was 19.5p, anyone new have a listen!
Posted at 01/1/2022 11:56 by cheshire man
Share picks for the cautious and the brave for 2022: As investors eye an anwkward year ahead, we ask three experts for their stock ideas
By DAILY MAIL CITY & FINANCE REPORTER

PUBLISHED: 21:50, 31 December 2021 | UPDATED: 11:22, 1 January 2022



View comments
After another difficult year, investors will be wishing the threat of Omicron recedes and for a less turbulent time in 2022.

The hope is that the successful vaccine roll-out will help to win the health battle – and also put us back on the road to financial health.

Here, our three City experts give their tips for the year.

Looking ahead: Our three City experts have recommended a share for brave investors who are willing to take a risk, and one for the more cautious +2
Looking ahead: Our three City experts have recommended a share for brave investors who are willing to take a risk, and one for the more cautious

Each one has recommended a share for brave investors who are willing to take a risk, and one for the more cautious.

As anyone who has followed the stock markets over the last 12 months will be aware, shares can go down as well as up.

Following share tips always involves the risk of losing some or even all your money so it's a good idea to do your own research before investing.

Justin Urquhart Stewart: Co-founder, Seven Investment Management


For the brave: Cadence Minerals (28p)

This is a riskier investment as it is not just a corporate story but involves politics as well. Cadence (formerly known as Rare Earth Minerals) is not a mining company but bears more resemblance to an investment trust made up of rare earth mining companies.

Rare earth minerals are in high demand but are often difficult to extract. Sometimes this is due to geology, but more often because of geography. Often they are from developing nations with poor infrastructure alongside an unreliable political backdrop.

The largest deposits are in China, and having your investments reliant upon the Communist party there may not be the best position for your portfolio. Cadence reduces risk by giving you a basket of rare earth mining companies and most of its assets are outside the direct clutches of the Chinese authorities directly.

One is in the Czech Republic, where Cadence has a significant holding in a lithium mine. This is a longer-term investment. Success will come if the portfolio companies show their mines are money makers and not just money pits.
Posted at 12/10/2021 22:41 by djfrankie2
Labour costs in Brazil are lower that will help with expenditure no comparison to Venture Minerals , Cadence also has other interests globally , these are exceptional times for Cadence and of course its investors this is the time to buy and hold an easy 300% to be had this year i expect 60p by year end 1.50 longer term our investments are coming to fruitition.
Posted at 05/6/2021 20:52 by jimb2
no way, Germany will have an energy mix- major investor in hydrogen.

Wind will be used to produce hydrogen - stored for heating in colder conditions -



wind and solar costs continue to fall and in the interim blue hydrogen will also be a means of fueling heating.
Posted at 29/3/2021 07:20 by soggy
Gosh, this board has gone silent! Am I the only one left in...?

RNS out, 1st Amapa shipment since 2015. Surely there's some info here worth chatting about on this board???

Let the good times roll!


Inaugural Shipment of Iron Ore from the Amapa Iron Ore Project, Brazil

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that DEV Mineração S.A's ("DEV") has commenced the shipment of the iron ore stockpiles from Santana, Amapa, Brazil. This shipment was approved via a court petition (details of which can be found here ) and represents the first shipment of Iron Ore from this asset since its closure in 2015.

Highlights:

-- The first shipment of 45,000 tonnes of iron ore from the Amapa Iron Ore Project has commenced
-- The vessel is currently loading and is due to sail this week
-- Iron Ore 62% Fe, CFR China at US$167.05 per tonne (26/02/2021)
-- Approximately 1.39Mt of iron ore currently stockpiled as DEV's wholly-owned port
-- Operations are continuing in Brazil to prepare for the next shipment
On 19 February 2021, the State of São Paulo Upper Court published the ruling allowing DEV to export sufficient iron ore to realise a US$10 million profit. Soon after, operations restarted moving material from DEV's wholly-owned port to Docas De Santana some 2 km away.

DEV worked with Indo Sino Pty Ltd ("Indo Sino") and Cadence to start operations, charter a vessel and carry out a competitive bid process for the cargo. The buyer is one of the world's largest globally diversified natural resource companies and a major producer and marketer of commodities.

The first portion of the net revenues shall be used to pay historic small and employee creditors (US$2.5 million), after which approximately US$ 6 million of the net revenues will be used to begin recommissioning studies on the Amapa Iron Ore Project. The remaining net revenues will be used to provide working capital for the operations and payment against the outstanding amount due to the Bank Creditors.

Operations continue at the port in preparation for the next shipment, and at the mine, security has been put in place and tailing dam maintenance has commenced.

Settlement of Bank Creditors

In early September 2020, we announced that DEV Mineração S.A's ("DEV"), Cadence and Indo Sino Pty Ltd ("the Investors") agreed in principle to the settlement terms proposed by the secured bank creditors ("Bank Creditors"). Detailed discussions and drafting of the legal documents continue. Positive steps have been made, and we believe all parties are aligned to complete and execute this agreement.

The execution of a settlement agreement with the Bank Creditors would represent the satisfaction of Cadence's remaining major precondition to make its initial 20% investment in the Amapa Project. On completion of the conditions and the release of the Cadence escrow monies, Cadence will become a 20% shareholder in the Amapá Project via our joint venture company, which will own 99.9% of DEV.

Further announcements will be made concerning the Settlement once available.

Cadence Chairman Andrew Suckling commented; "I would once again like to put on record my sincere thanks and gratitude for the tireless efforts by Cadence management, IndoSino and DEV and advisors to bring the project to fruition. This inaugural iron ore shipment brings Amapá back to life, and in time we expect the mine and infrastructure to play a key role in helping to regenerate the regional economy, with all the employment, health and educational benefits that will bring to this part of Brazil."

"Despite the severe disruption created by COVID-19, management has remained focused on delivering the Amapa project as planned, all the while supported by a robust iron ore market that continues to justify the opportunity. Throughout, our primary concern has been to ensure the safety and wellbeing of all our staff, and we continue to maximise our efforts to ensure that employees, shareholders, contractors and their families continue to remain safe and secure through these challenging times."

Cadence CEO Kiran Morzaria commented: "The first iron ore shipment from Amapa since 2015 and the resultant earnings represent a milestone of huge significance, both for our board and team who have worked so hard to bring the project back to life and for the potential opportunities and benefits it will bring to the wider Amapa community."

"As regards the secured bank creditors, we believe all parties are aligned to complete and execute the agreement which will see Cadence become a 20% shareholder in Amapa. I look forward to updating you on further developments as we move to complete the final stage of phase 1 of our Amapa investment plan."

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