Cadence Minerals Share Discussion Threads

[dmitribollokov] 26/8/2020 09:47

These guys are awesome, get momentum in share price, issue shares to pay salaries for another 6 months, knock share price down. Rinse and repeat.

[diesel] 26/8/2020 09:25

Well I guess it is just a routine update, or more likely to prepare us for failure to get an agreement with the bank creditors.

[cyfalafwr] 26/8/2020 08:56

Showing that nothing is straightforward these days !

[mikemichael2] 26/8/2020 07:24

To put 'fear' in your mind.

[diesel] 26/8/2020 07:17

What was the purpose of that RNS?

[fhmktg] 24/8/2020 22:48

They are announcing a fund raising.

[jimb2] 24/8/2020 20:31

HAS, August 2020 Investors presentation for anyone not aware:



I wonder if Germany will be part of the announcement with perhaps increased off-take, things have changed with the EU stimulus plans?

European governments approved the most ambitious climate change plan to date, agreeing to pour more than 500 billion euros ($572 billion) into everything from electric cars to renewable energy and agriculture.

Just that this will obviously accelerate demand for REM's and battery materials!

[diesel] 24/8/2020 08:42

Hastings is not one of their leading investments many years before mining activity on their licences

[diesel] 24/8/2020 08:42

Hastings is not one of their leading investments many years before mining activity on their licences

[onsideman] 24/8/2020 08:00

*guessing* being the operative word

[genierub] 24/8/2020 06:27

Grab your tickets, Hastings has gone into a trading halt. Guessing there's a massive find......



Hastings Technology Metals Ltd (ASX: HAS) – Trading Halt
Description
The securities of Hastings Technology Metals Ltd (‘HAS’) will be placed in trading halt at the request of HAS, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 26 August 2020 or when the announcement is released to the market.
Issued by
Madeleine Green
Senior Adviser, Listings Compliance (Peth)

[fhmktg] 21/8/2020 12:50

That two percent in MacArthur will pay off nicely over the next few years as their projects come to production.

[kcaco] 21/8/2020 09:06

All good comments but we have to remember why we are all here. You put your trust in strangers and that’s how it works

[diesel] 21/8/2020 09:04

If you’re invested here you should understand the economics, the Amapa project is potentially a game changer for KDNC but the investment required to bring it back into production is huge, dilution here is inevitable, but a good return is still possible.

[cyfalafwr] 21/8/2020 08:42

The money to pay for the management salaries has to come from somewhere. Fact of life for most companies like this on AIM.
Some people think this company is an out and out miner.

[rossowheels] 21/8/2020 08:38

Absolutely and there is £1.7m more to come. The BOD know how to dilute by stealth. Just issue loan notes secured by the share they hold in other companies and then issue share in Cadence to repay. Rinse and repeat!

[onsideman] 21/8/2020 08:24

They've been getting away with it for 10 years or so...
Shell company in the music business
Name change
A straight lithium play
Hyped by Lenigas and others
Spiked, then...
Placing after placing, billions of shares in issue
Rights expired or sold
Consolidation
And, as lyceeuk says above, rinse and repeat

[fhmktg] 21/8/2020 08:20

Of course they tapped the market at this time.They need working capital to complete the start of the Iron ore project.Wait until they announce the first shipment of the dockside pile!Don't forget that all the cash from the sale of the pile goes to fund development of the mine back into production.The Amapa project and the Australian Iron ore deals are still two years away from real returns to the investors.Patience mes braves!

[kcaco] 21/8/2020 08:13

Even if they are crooks surely they will have to give it a bit back at some stage .
Otherwise their gravy boat will have run dry .? Then again I suppose if they have made enough. Do they give a hoot ? . It’s no good moaning . We could be company directors if we wanted to be . You can be what you want in life

[onsideman] 21/8/2020 07:59

Horribly stuck from REM days at 1p pre-consolidation.

I guarantee you I do not want to buy. I wouldnt give these crooks a penny more

Yes, I should've sold

[everready1] 21/8/2020 07:35

To buy in cheaper!

[everready1] 21/8/2020 07:35

So why you hear lol

[onsideman] 21/8/2020 07:26

The only cheap thing about this stock is Kiran

[everready1] 21/8/2020 07:23

Very cheap still in my opinion despite the greedy tap on market

[kcaco] 21/8/2020 07:08

Sorry the day before . I’m losing time