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Share Name Share Symbol Market Type Share ISIN Share Description
Cadence Minerals Plc LSE:KDNC London Ordinary Share GB00BJP0B151 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.175 -0.98% 17.70 17.30 18.25 17.875 17.65 17.88 250,434 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.3 -2.5 - 26

Cadence Minerals Share Discussion Threads

Showing 3026 to 3050 of 3200 messages
Chat Pages: 128  127  126  125  124  123  122  121  120  119  118  117  Older
DateSubjectAuthorDiscuss
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.
odsjp
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.
divmad
01/4/2021
23:21
can they increase stake in amapa to 49%?
johncasey
01/4/2021
22:38
So, conservatively, $1 ps at 20%, or 60p.
divmad
01/4/2021
21:04
Realitic valuation? $180 mill for 20%, $250 mill for 27%
legalease
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?
divmad
01/4/2021
18:44
Lenigas #2994 The RNS has stated it has already been sold and en route to the buyer .... Further to the announcement made on the 29 March, Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that DEV Mineração S.A's ("DEV") has completed the sale and shipment of the first Iron Ore from the Amapa Iron Ore Project since 2015. Loading of the ship was completed on the 30 March and she left the port of Santana yesterday, en route to the buyer. Operations continue at DEV to prepare for the next shipment.
damac
01/4/2021
17:56
I was here when it was REM and was invested when it spiked on Sonora news. Unfortunately, I didn't take profits and eventually sold taking a large hit! Have learnt much since!! I've been watching over the years and finally have reinvested noting the now various projects in the company's portfolio, low market cap and low number of shares issued. All the ingredients are now in place for shareholders to see some real growth. GLA
rossowheels
01/4/2021
16:11
i bought some block energy just 2.3p...looks a daft price now,massive upside..news next week i reckon
johncasey
01/4/2021
16:07
Yes odsjp this looks way too cheap. Especially with this week's news. 100p level looks very attractive,
someuwin
01/4/2021
16:03
Hi someuwin, I am invested in KDNC (think madfoetus also) and it looks like it is finally starting to rerate. As you say, I think it has much further to go. Below is the link to their latest presentation. I believe Amapa really could define Cadence. When the settlement agreement with secured lenders is signed then they will own 20% with a USD2.5M investment (in escrow). That will go to 27% for another $3.5M on certain preconditions being met and then have the first right of refusal to increase their stake to 49%. There is also 1.39Mt of iron ore waiting to ship at the port which will help fund the recommissioning of the mine. 1.39Mt at $167/tonne is $232M sitting waiting to be shipped. All the infrastructure is there in terms of rail, port etc. In 2012, Anglo American valued its impaired 70% stake at $462m (100% $600m), The 2012 low for iron ore was around $95/tonne with a high around $145/tonne. It is now around $165/tonne. hxxps://www.cadenceminerals.com/wp-content/uploads/2021/01/Corporate-Presentation-KDNC-JAN-2021-PUBLIC-1.pdf
odsjp
01/4/2021
16:00
They have been as high as 80p in the last five years.....
fhmktg
01/4/2021
15:57
Easily worth 100p
urchin1
01/4/2021
15:53
going china no doubt..kdnc will be around 100p in a few weeks
johncasey
01/4/2021
15:49
This iron ore would not be shipped without a buyer.
lenigas
01/4/2021
14:36
Very positive on KDNC - listen from 17:13 https://ukinvestormagazine.co.uk/a-q1-review-of-uk-equity-markets/
someuwin
01/4/2021
14:06
Cadence Minerals Plc @CadenceMinerals 3h #KDNC - Inaugural Shipment of Iron Ore completed & en route to buyer: ~Shipment of 45,000 tonnes iron ore the first from Amapa since 2015 ~Operations preparing for next shipment ~Further updates in upcoming @VOXmarkets webinar #ironore #amapa #mining http://ow.ly/aOJY30rCYIR
someuwin
01/4/2021
13:51
Next problem - selling!
donaferentes
01/4/2021
13:50
Could not resist a 20.37 top up on this am's dip. Very happy with progress since. Not often in profit on same day, but I'm slowly getting the hang of buying.
donaferentes
01/4/2021
13:50
Nice bowl...
someuwin
01/4/2021
11:17
Cadence Minerals (KDNC) – Corporate – First shipment of iron ore from Amapa stockpile Market Cap £29m Share Price 19.3p Cadence today announces that it will begin shipping iron ore from its 1.4Mt stockpile this week. A first shipment of 45kt of iron ore from the port site will be exported to allow for a $10m profit. The profit will be used to 1) settle the “small” and employee creditors ($2.5m); 2) begin recommissioning studies in the Amapa iron ore mine itself ($6m)and; 3) the remaining ($1.5m) for working capital for the Cadence JV (DEV Mineração S.A - between Cadence and its partner Indo Sino Pty Ltd) for local operational costs and to finalise the agreement with the secured bank creditors. WHI View:Today’s news is a great start for Cadence. This is the first step in monetising the iron ore stockpile (proving logistics and iron ore quality) and the perhaps the final step in finalising the negotiations with the bank creditors which will then allow the whole process to reopen the Amapa mine to begin. Once a resolution is reached with the secure creditors, it releases the investment made by Cadence and Cadence becomes a 20% owner in Amapa. The iron ore price remains at a very high level at >$160/t and if agreement is achieved shortly the stockpile at Amapa could generate significant cash for DEV Mineração to put 0towards the Amapa reopening costs."
someuwin
01/4/2021
11:00
This will continue to be an erratic climb, but nearly 10 fold in a year ain’t bad, still a lot further to go until mining and revenues appear but “this time next year Rodney”.
diesel
01/4/2021
10:44
30p here we come!
urchin1
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