Cadence Minerals Share Discussion Threads

[cyfalafwr] 15/3/2021 18:11

Have they raised money or does the new %age reflect the recent dilution of EMH?

[odsjp] 15/3/2021 17:27

Golden Prospect's post (2903) on 17/02 mentioned KDNC had some 19,747,740 shares valued at 76p each and it was worth £15M. Today we have received notification that we have sold some (789,157) and at COB our remaining 18,958,583 shares are £1.025 each and that is work £19.4M.

So we have raised around £750K and our holding in EMH I still worth £4.4M more!!!

Ironically on 17/02 our share price was 19.35p and now it is 18.5p Go figure!!!

I have our market cap at £27M so Amapa and all other investments are valued at less then £8M. When we get the Amapa RNS maybe we will get the rerate we all expect.

[cyfalafwr] 15/3/2021 16:23

10.84% according to today's RNS .Worth a bit more money with today's rise.

[urchin1] 15/3/2021 14:38

What's KDNC's % holding in EMH?

[johncasey] 15/3/2021 09:06

mms are blind or crooks..i think i know which one

[urchin1] 15/3/2021 08:54

This share should be 25p minimum!

[golden prospect] 15/3/2021 08:07

EMH at 97p, hope KDNC are getting some away

[soggy] 12/3/2021 07:54

I don't check trades pages often - but today it's showing some buys on the AQSE exchange. I've never seen that before - is showing trades there a new thing?

[golden prospect] 11/3/2021 17:27

I didn't like the look of x3 trades 100K @ 17p pre-market

and certainly I don't like the look of the late trade 1,305,000 @ 16.375p

It sets an alarm bell ringing, perhaps a placing.

[djfrankie2] 08/3/2021 18:59

You must remember therse have been 5p not too long ago it would appear most good news is factored in this load of iron will leave KDNC will see none of the 10m if the banks do eventually allow them in millions need to be found to get the mine running again this is years off so is emh so is bcn only ghamble what you can afford to lose.

[sanilav] 08/3/2021 14:52

Yup,spose thats why peoples keep flogging them.

[swanvesta] 25/2/2021 07:57

"but what's to stop the bank creditors from continuing to prevaricate for months on end?"

They want some of their money back? They won't see any until the project restarts.

[divmad] 25/2/2021 07:29

Agree, diesel, but what's to stop the bank creditors from continuing to prevaricate for months on end?

[mdchand] 24/2/2021 14:35

'No costs or revenue ascribed to 30% interest in the deposits held by Cadence were reported in the financial modelling published by Hastings.'

Nice RNS but surely a misleading model produced by Hastings if it attributes no revenue to Kadence for the mining of jointly held assets.

[donald pond] 23/2/2021 08:57

There's a frequent 25k seller holding up the party. Suspect they can't read charts

[diesel] 22/2/2021 16:37

Valuation, Amapa is anyone’s guess.....it’s all to do with derisking. Cadence have the cash put aside for 20% of the project and options for a further 7%, plus first refusal to take this to 49%. This project has had various valuations in the past, but $1B is probably a good round number to concentrate on. Next big step is agreement with bank creditors, agreement to ship stockpiles bodes well for progress with discussions.
Without dilution and all agreements in place then that would justify multiples of today’s share price

[urchin1] 22/2/2021 13:13

Many thanks for the info!

[eye2] 22/2/2021 11:23

Diesel any idea what KDNC is worth on EMH? and Anapa ?

[diesel] 22/2/2021 11:18

If your interested in investing you need to do some research! The link to the website is on this page.....

[urchin1] 22/2/2021 11:07

What % does KDNC own in McCarthy mining?

[diesel] 22/2/2021 09:33

Just for clarity, Cadence own 30% of mining leases that are not part of the current mining activity and won’t be for at least 6 years.