Cadence Minerals Share Discussion Threads

[donaferentes] 08/4/2021 18:17

I have to say use of English is a bit of a barrier to lucid comprehension on my part. Key question for me is, once the $10m net profit (however that is calculated) from shipments is reached under the court's permission, what happens to the rest of the 1.37m tonnes of ore? Do they need another judicial approval or what?

[divmad] 08/4/2021 14:16

Why was the investor call so disappointing?

[fhmktg] 08/4/2021 11:33

That should spark some interest!Particularly when the escrow cash is activated.

[ga_dti] 08/4/2021 11:19

Written Q&A for the latest DT interview with Kiran discussing the Amapa Iron Ore project - hTtps://www.directorstalkinterviews.com/cadence-minerals-qa-moving-amapa-project-forward-through-to-development-and-eventual-production-lonkdnc/412975411

[dmitribollokov] 08/4/2021 09:26

what does that chart say smudge?

[smudgeroo] 07/4/2021 10:21

P&F chart as mentioned yesterday: https://www.dropbox.com/s/12619w7lrb3w9uo/KDNC.07.04.21-P.PNG?dl=0

[octopus100] 07/4/2021 10:09

Really the tech analysis on here looks how pretty the iron ore is? Apart from the amapa project - what other assets does Cadence have that are close to fruition - any ideas on valuation as well of those?

[rossowheels] 06/4/2021 16:36

The ore looks amazing!

[rossowheels] 06/4/2021 11:55

You are missing a zero at the end!

[smudgeroo] 06/4/2021 11:33

No idea where we'll be at the end of the week but going forward I've got a P&F chart with two (clustered) targets at 32.5p and multiple targets between 40-50p.Will throw a link up to the charts later today / tomorrow.

[diesel] 06/4/2021 11:28

Without any other news maybe 28p max.

[urchin1] 06/4/2021 08:56

Good start today!Anyone like to predict where we may be at the end of the week?

[someuwin] 03/4/2021 22:08

Can't see the video but the pic looks impressive. David Lenigas @DavidLenigas Great flyover video of Macarthur’s massive multi billion tonne iron ore assets in Western Australia. https://themarketherald-com-au.cdn.ampproject.org/c/s/themarketherald.com.au/macarthur-minerals-asxmio-and-the-future-of-the-great-southern-mining-network-2021-04-01/amp/ @macminltd @CamMcCall @CadenceMinerals #KDNC #MMS #MIO

[badgerbadgerbadger] 02/4/2021 12:57

Looks pretty good. is management ownership only 1.83% and, if so, why? What about IIs, is that stated somewhere? tia!!

[odsjp] 02/4/2021 12:38

There is 1.39Mt of iron ore at the dock ready to be shipped. At $167/tonne that is $232M of revenue which I thought would go a long way to rehabilitation as per someuwins's post 2988.

[divmad] 02/4/2021 11:44

That should read, IF ... and not "because"...

[divmad] 02/4/2021 10:44

I've checked on the company website, and it appears that Indo Sino have to give up their entitlement from 73% to 51% because they cannot fund the rehabilitation of the mine or port or railway facilities. The ball is in their court. Cadence has first right of refusal to up its stake in this eventuality.

[divmad] 02/4/2021 07:39

Yes they can, but I don't know under what terms exactly.

[johncasey] 01/4/2021 23:21

can they increase stake in amapa to 49%?

[divmad] 01/4/2021 22:38

So, conservatively, $1 ps at 20%, or 60p.

[legalease] 01/4/2021 21:04

Realitic valuation? $180 mill for 20%, $250 mill for 27%

[divmad] 01/4/2021 19:43

What's a realistic valuation for Cadence's 20% equity share of Amapa, once the bank creditors settle with a loan repayment schedule spread over the next several years?