Cadence Minerals Share Discussion Threads

[mdchand] 20/10/2020 13:09

Hmmmmm - as someone who has been here a long time, I can understand why people are getting excited about XIN's ship movements. However, I also note from the recent RNS the following statement' In addition to the above, and while the settlement contract is finalised, DEV and Investors have requested that the Bank Creditors and DEV submit a joint petition to the higher court to remove the Bank Creditors appeal and the subsequent interim order. As a result, operations at Amapa, including the shipping of iron ore stockpiles will be temporarily suspended while the petition is agreed, filed and approved.' So while it is theoretically possible that XIN's is destined for Santana, I can't believe Cadence would have hired an Iron Ore ship without issuing an RNS confirming the lifting of the suspension - especially as Cadence are pretty trigger happy when it comes to RNSs. Happy to be proved wrong though. You can also check ships docked or due to dock at Santana directly on the port's own website (link below), and I couldn't find XIN's name on it - albeit this was last updated 9th Oct. hxxp://www.docasdesantana.com.br/index.php/component/content/article/13-informacoes-operacionais/programacao-de-navios/308-ano-2020#navios-cais-1 ps for those of you who are really smart, you can access Brazilian court cases online - assuming you understand Brazilian or believe google translations!

[golden prospect] 20/10/2020 10:46

https://www.myshiptracking.com/?mmsi=414648000

[golden prospect] 20/10/2020 10:00

This is the boat LSE posters are getting excited about https://www.marinetraffic.com/en/ais/details/ships/shipid:415952/mmsi:414648000/imo:9249908/vessel:XIN_HAI_MING_ZHU Take a viewing seat ! http://serveporto.com.br/macapa/

[videologic] 20/10/2020 09:51

JohnThanks for that update. Added a few more this morning.

[golden prospect] 20/10/2020 09:51

Talk of boat coming in and KDNC tweeting iron ore export prices Is this about to run ?

[johncasey] 19/10/2020 18:06

its a shame then theyve almost sold out..it looks like auroch will be a winner

[diesel] 19/10/2020 17:36

JC...I dont think there is a requirement for a company to report a reduction in its investment in another company, Auroch may have rns’d it, agree it’s odd and it would be good practise to keep investors updated with the % holdings of its portfolio.

[johncasey] 19/10/2020 16:08

we didnt get a rns saying our stake in auroch had gone below 3%...seems abit odd

[johncasey] 19/10/2020 12:48

yes just seen that rns 1% holding so not worth worrying about

[johncasey] 19/10/2020 12:34

i thought it was 10%...anyway auroch up 22% today 38m now

[diesel] 19/10/2020 08:48

Not sure what the % of Auroch Cadence owns, anything from 1% to 7% see Rns of 28th Oct 2019. Every time one of their investments does a cash raise, merger or other it dilutes Cadences % holding. Cadence is not good at keeping this information up to date.

[johncasey] 18/10/2020 21:27

vid.. $31m HTTps://hotcopper.com.au/asx/aou/?keywords=AOU

[videologic] 18/10/2020 18:01

JohnDo you know what the market cap is for Auroch?

[johncasey] 16/10/2020 07:59

auroch up 25 per cent today..cadence own 10 percent

[johncasey] 16/10/2020 07:58

SURFACE COPPER SAMPLING PROGRAMME COMMENCES AT ARDEN PROJECT Highlights • Soil and surface rock-chip sampling programme is underway at the Arden Project to cover prospective copper trends • Programme will cover regional trend along strike from the high-grade copper trend recentlyidentified by Taruga Minerals Ltd (ASX:TAR) • Previously surface sampling by the Company at the southern end of the trend resulted in rock chip samples up to 20.4% Cu1 • Initial programme will take approximately three weeks, after which further prospective trends in the east and northeast of the Arden tenure will also be sampled Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce it has commenced a surface sampling programme along the prospective copper trends of its Arden Project (Arden) in South Australia. The programme will comprise both surface rock chip sampling and soil sampling across a regional trend identified by aeromagnetics. The trend extends from the Taruga Minerals Ltd (ASX:TAR; Taruga) tenement to the north down to the historic artisanal Mt Arden copper mine to the south (Figure 1). Earlier this year Taruga successfully defined a high-grade copper trend in soils and surface rock chip samples over a prospective trend 15km long2 . A review of Auroch’s high-resolution aeromagnetics survey flown in June 2018 clearly shows the structures of the Taruga trend extending south into the Arden tenement and down to the area of the historic Mt Arden copper mine. In 2018 Auroch’s surface rock-chip sampling programme of outcrops near Mt Arden produced highgrade copper results, including 20.4% Cu, 15.25% Cu, 8.55% Cu and 5.52% Cu1 . The current surface sampling programme will extend the previous programmes along the magnetic trend to the north towards Taruga’s neighbouring tenement (Figure 1). Auroch Managing Director Aidan Platel commented: “We are excited to recommence exploration at our Arden Project in South Australia. We are encouraged by the fantastic success of our neighbour Taruga Minerals through their definition of several high-grade copper trends in their tenure. We have reviewed our high-resolution aeromagnetic data and can see those same structures extending south into our tenement and down to the Mt Arden region, where we know from our earlier sampling programmes there is high-grade copper outcropping at surface. There is great potential for this sampling programme to define a significant strike length of high-grade copper at surface at Arden, and we have already identified further potential copper-rich areas within our tenure that will be covered with surface-sampling programmes following this initial programme.”

[shirley83] 13/10/2020 11:59

We don't own any of Hastings. We Cadence owns 30% of 3 Mining Leases, 6 Exploration Licences which form part of the Yangibana Rare Earth Deposit. Hastings Technology Metals owns the remaining 70% ("Hastings"). F

[shirley83] 13/10/2020 11:56

Shame it is not our drill site

[dubjon] 13/10/2020 11:21

Hastings results just been rnsd.

[johncasey] 12/10/2020 18:17

hooded..well apology it was over two days then but REM did do 500-600% in a couple of days

[dubjon] 12/10/2020 18:14

Thanks for posting that find JC Looks very promising.

[hooded claw] 12/10/2020 07:24

That never happened so you didn't see it.On news day it went from 0.1 to 0.17p as I was buying as I traded it on others greed so 70% rise.The next day it opened at 0.42p and I sold out so 150% rise that day but it was a jam tomorrow senario so it dropped quickly after that.So which of those days did you see it rise 400% ?

[johncasey] 11/10/2020 23:13

HC..EIGHTEEN months ago..i got sucked in,crashed back down..different animal now though..and look at this tonight we have 30 per cent holding in Hastings..luvely jubbly HTtps://hotcopper.com.au/threads/ann-outstanding-reo-grades-from-frasers-north-and-south-drilling.5679458/ 12 October 2020 OUTSTANDING RARE EARTH OXIDE GRADES FROM FRASERS NORTH AND SOUTH DRILLING  Outstanding rare earth oxide grades received from 29 out of 30 drill holes from Fraser’s North and South sampling.  High‐grade and shallow intersections from Fraser’s North and South drilling include: • 3m @ 7.28% TREO from 8m,  Including 1m @ 18.57% TREO from 8m, • 8m @ 3.51% TREO from 31m, • 2m @ 1.67% TREO from 31m, • 6m @ 1.42% TREO from 8m, and • 4m @ 1.36% TREO from 17m.  Highest grade intersections occur south of the current Fraser’s Open Pit (mineral resource of 1.32 million tonnes grading 1.35% TREO including 0.56% Nd2O3+Pr6O11 1 ) and extend mineralisation up to 450m in a south easterly direction.  Drilling results from the North now confirm contiguous new mineralisation up to 250m from the Fraser’s Pit limit.  In the South, all mineralisation remains open down dip and along strike, with surface ironstone outcrops being tracked for up to 1‐ kilometre past last drill locations.  New results record highest grades to date from Yangibana project, with 1m samples returning grades of up to 18.57% TREO.  Results from the South come from largely untested areas, highlighting the potential for them to merge into a single large 1.4km long Fraser’s Open Pit.  Results will be included in an updated Fraser’s Mineral Resource estimate scheduled for year‐end completion. __________________________________________________ Introduction Hastings Technology Metals Limited, Australia’s next Rare Earths producer (ASX: HAS) (“Hastings” or “the Company”), is pleased to announce further drill results as part of the 2020 Exploration Drilling Program, for the Fraser’s North and South areas. The Company has so far received assay results for 30 RC drill holes in these areas since drilling commenced in early June. Numerous significant potentially economic results have been received from 29 out of the 30 holes which include some of the highest grade results yet returned from any drilling at the Yangibana project since 2014. Hastings Technology Metals Limited ABN 43 122 911 399 ASX Code: Shares ‐ HAS Address: Level 8, Westralia Plaza 167 St Georges Terrace Perth WA 6000 PO Box 6 Westralia Plaza 167 St Georges Terrace Perth WA 6000 [e-mail] Board Charles Lew (Executive Chairman) Guy Robertson (Finance Director) Jean Claude Steinmetz (Non‐Exec Director) Neil Hackett (Non‐Exec Director and Company Secretary) Mal Randall (Non‐Exec Director) www.hastingstechmetals.com 2 The majority of drilling planned for Fraser’s North and South was designed to complete 40m x 40m drilling to extensions of the 650m long Fraser’s Open Pit Mineral Resource at shallow depths that form a critical part of the early mine schedule for the Yangibana Project. COO, Andrew Reid commented: “these fantastic results have again exceeded our expectations for the Company’s 20,000m 2020 exploration drill program, with almost every drill hole announced today intersecting rare earth grades which Hastings believe could be economic and mineable. The exceptionally high grades from Fraser’s South (up to 18.57%) gives us a lot of confidence that we are in a rare earth zone richly endowed with huge potential, particularly given how little exploration it has seen. Hastings is now well on its way to achieving its goal of extending mine life through testing our existing geological understanding of the Fraser’s deposit. We are now intersecting consistent mineralisation over a wide area and there remains plenty of opportunity to significantly expand the Mineral Resource in the future with open mineralisation along strike and down‐dip requiring further drilling in the future. The entire Fraser’s North to South mineralised trend is emerging as a large consistent zone which is characterised by thick near surface intercepts with grades that would potentially support a large open pit operation”. The drilling at Fraser’s South has intercepted the predicted ironstone positions and returned consistent mineralisation results, with some of the best TREO results ever received from Yangibana. Hastings remains confident that this mineralised trend will continue in a south‐easterly direction based on surface mapping and points to the potential of further development of the Mineral Resource within the Fraser’s South corridor. Additional future work will include step out exploration drilling along strike and drilling down dip, where the mineralisation to date has only been tested to 40m below the surface. 1 Hastings is not aware of any new information or data that materially affects the information in this market announcement (ASX announcement 4 November 2019) and, in the case of estimates of ‘mineral resources or ‘ore reserves, that all material assumptions and technical parameters underpinning the estimates in this market announcement continue to apply and have not materially changed.

[hooded claw] 11/10/2020 21:24

And when did it do that JC?

[kcaco] 09/10/2020 10:07

JC let’s hope you see it again 👍