Cadence Minerals Share Discussion Threads

[dplewis1] 13/8/2020 13:19

Lol you're in trouble if you're posting Afzal's 'analysis'. A board populated by complete bellends on one of the worst companies on AIM

[jackjackpaul] 13/8/2020 13:06

Afzal Valli
@AfzalValli
·
5m
#KDNC Breaking Out

Small blue diamondJV Partners in off-take discussions
Small blue diamondTrucking contractor commenced work
Small blue diamondStockpiles shipping early Q3
Small blue diamond £2.5m funding to clear escrow account
Small blue diamond1.39 mt 62 fe grade stockpile
Small blue diamond$5m revenue per month
Small blue diamond16% in #EMH Potential takeover offer

Chart with upwards trend ONE WAY

[jackjackpaul] 13/8/2020 12:26

mdchand.. agree.

what the value of the stock pile? certainly more then £10m

[smackeraim] 13/8/2020 12:18

Positively booming ;-)

[mdchand] 13/8/2020 11:57

jjp - the markets wont value the entire mine at £600m x 20%. Not until funding, access, permits, offtakes, infrastructure are in place. However they will start pricing in the value of the stock pile.

[jackjackpaul] 13/8/2020 11:24

Your Home Timeline

Afzal Valli
@AfzalValli
·
2m
#KDNC Chart with upwards trend

Market starting to pick up on Cadence Minerals. Should be trading at a £100m MCAP. Not £10m

20% in the £600m valued Amapa mine when iron ore was $70 .. Now $120 Hushed face.

Hands in iron ore and lithium huge resources.

10 year off take agreement with Glencore

[dubjon] 13/8/2020 11:21

Interesting re eua comparison...I would love you to be right.
Chart looks great, breakout from chart formation....target 17p minimum.

Possible transformational news about the iron project....EV materials sector is warming up.

I have bought three times between 9.4 and 10.28p.

Looking good....

[jackjackpaul] 13/8/2020 11:08

#KDNC No trade to buy again.. news bottle necked and due to be transformational for the share price. reminds me of EUA scenario... see this heading to 30-40p fast
Everyone can reply

[jackjackpaul] 13/8/2020 09:07

#KDNC no trade to buy.. seller flushed.. rerate to 30p-40p+ to commence... influx of news due here which will be transformational for the share price.

[diesel] 12/8/2020 10:36

What’s happened in the last two weeks to take Cadence holdings in MacArthur from 2.7 to 2.2%, I presume MacArthur Have issued more shares? , one of the problems with early stage companies, and Cadence business model.

[adobbing] 12/8/2020 08:49

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that Macarthur Minerals (TSX-V: MMS) (ASX: MIO) (the “Company” or “Macarthur”) has presented an updated Mineral Resource estimate for the magnetite deposits at its Lake Giles Iron Project in Western Australia, which has been completed by CSA Global Pty Ltd (CSA Global).

Highlights:

RCR Mining Technologies (subsidiary of NRW Holdings ASX: NRH) appointed to examine rail unloading infrastructure solution at Esperance Port
Macarthur Minerals announces a resource upgrade for the Moonshine magnetite deposit at Lake Giles
Measured Mineral Resource of approximately 53.9 Mt and Indicated Mineral Resources of 218.7 Mt
Macarthur now has sufficient resources in the appropriate categories to progress its Feasibility Study
Resource upgrade follows recently announced Proposal for development of a Commercial Track Access Agreement received from Arc Infrastructure and the announcement of plans to develop haul road and rail siding infrastructure near Lake Giles
The previous Mineral Resource estimates presented to the market between 2009 and 2019 consisted entirely of Inferred resources, including 710 million tonnes (“Mt”) at the Moonshine deposits. During 2019 the Company completed a program of infill drilling across some of the Moonshine deposit to upgrade the Mineral Resource category to include Indicated and Measured resources. The Mineral Resource upgrade has delivered sufficient resources in the appropriate categories to underpin the current Lake Giles Iron Project Feasibility Study.

The updated Mineral Resource estimates incorporate the recent drill assays and has resulted in an increase in the size of the Moonshine mineral resources including resource category upgrades to now include Measured and Indicated resources. Approximately 30% of the Moonshine resource is now classified as Indicated with approximately 7.5% classified in the Measured category.

Highlights of Mineral Resource estimates:

Measured resources of 53.9 Mt at 30.8% Fe head grade and 66.0% Fe DTR concentrate grade
Indicated resources of 218.7 Mt at 27.5% Fe head grade and 66.1% Fe DTR concentrate grade
Inferred resources of 997.0 Mt at 28.4% Fe head grade and 64.6% Fe DTR concentrate grade.

[johncasey] 11/8/2020 22:39

wakey wakey!

David Lenigas
@DavidLenigas
Truly amazing news release from Macarthur Minerlas on #Moonshine #Ironore just out. Amazing for
@macminltd
and
@CadenceMinerals

@CamMcCall
#MMS #MIO It will take a while to sink in but it will for sure. Monster Moonshine Iron !

[jackjackpaul] 11/8/2020 13:41

for sure smacker..

#KDNC breaking out.. been held at this pathetic market cap for far too long.. should be valued at £40m on current assets not £12m.. In a months time fair value should be north of £1 once agreements are concrete

[smackeraim] 11/8/2020 13:33

Before its sale in 2012, Anglo American valued its 70% stake at US$462m in its 2012 Annual Report (100% - US$600m).So with Iron ore roughly getting back to near 2012 prices, then ~ 20% of this would be ~$120m .. And they have scope to increase ownership past 20%

[smackeraim] 11/8/2020 13:25

can't argue with that tbh. definitely undervalued here. Just wait until they get the 20% of Amapa should light the fuse

[jackjackpaul] 11/8/2020 13:06

#KDNC should be valued at 10x more then the current cap.. £1 is far more realistic then 10p. no ramp intended just look at the figures

[smackeraim] 11/8/2020 13:06

ticking up

[mdchand] 11/8/2020 10:46

A couple of interesting points. Note the secured creditors failed to block the shipment of iron ore - which was clearly nothing more than a tactic to improve terms. As that has failed, can see them reaching terms quickly now as they will want their share of any iron ore shipments.

Next RNS updates, potentially before end of August:-

Agreed terms with secured creditors. Release of monies in escrow account.
First shipment of Iron Ore. Monies to be reinvested into the project.

Shipment is planned via 45,000-tonne bulk carriers at a rate of 2 -3 every two months. Independent surveys of these iron ore stockpiles indicate that some 1.39 million tonnes of iron ore are available for export with a stockpile average Fe grade of approx. 62.14%.

Spot price of circa $100 per tonne for 62% Ore equates to $4.5m per shipment - before all other costs. Stock pile is worth approx $140m by itself. 20% of stockpile would be worth $28m or approx £20m in sterling, which is 50% more than Kadence's current market cap.

[jtourer] 10/8/2020 17:47

If you think this than I suspect you dont know too much about this shares history. But if you are just trying to ramp it - fair enough.

[fhmktg] 07/8/2020 07:08

Tasmania had a record low temperature this week.

[johncasey] 07/8/2020 01:40

i agree though we'll need alot of storage batteries and solar panels when the grid goes down due to heavy blizzards...at least Musk got that right..shame governments arent helping households to solar panel their homes..should be doing it now

[johncasey] 07/8/2020 01:37

GRAND SOLAR MINIMUM starting to intensify now,watch for reports of heavy snow in the southern hemisphere...australia,south africa and south america will get hit this august..unprecedented snow in some places and record cold

[smackeraim] 02/8/2020 11:07

https://www.afr.com/companies/mining/brazil-warns-we-ll-be-back-with-iron-ore-expansion-threat-20200731-p55h9jAustralia's biggest iron ore rival in Brazil says it will supply large volumes of new supply long before Rio Tinto and Chinese companies can unlock a big new province in Africa.

[johncasey] 31/7/2020 21:09

august will be epic month for this share and certain miners..life changing