Cadence Minerals Share Discussion Threads

[jimb2] 16/1/2022 21:16

Sonora years off? that might be so according to the published mine plan and the forecast of annual demand being about 600,000 tonnes in 2025, that will be smashed threefold easily with China expecting to be 20% EV sales this year, and that's where our lithium is going.

Ganfeng will most definitely change the mine plan and possibly to begin in the JV areas, 500 hectares purchased for expansion before the mine starts operating should tell you something.

Could be a move on the JV's in the next few days after Bacanora delists on 26th :)

Good luck me' ducks :)

[bbluesky] 16/1/2022 21:01

The amazing thing about commodity plays is time lag. Lithium is going through the roof and related shares stay still for now. Fill yer boots? Ampapa again a valuation discrepency...

[divmad] 16/1/2022 19:52

Ask yourself what was the written down value of Amapa when AA owned it. And compare the I/O price now, with then .

[diesel] 16/1/2022 19:11

DJF…similar thoughts here, I invested primarily on the back of Sonora and Cinovec, Sonora is years away from planned mining and Cinovec seems to have gone very quiet with the SO of EMH hardly moving in 12 months while the resource value has more than doubled.
But the buggy is Amapa and than the price of I/o collapses. With I/o now beginning to show signs of recovery I’m holding on for now, but this is not an easy one to value,
Good luck all

[jimb2] 16/1/2022 17:46

Castillo was dropped because LT/LS shareholders weren't happy with the terms, Castillo share price dropped 18.4% on that news -

You can understand why the LT/LS shareholders weren't particularly happy with the terms when their neighbour Core lithium share price performed as it has since the LT/LS deal was announced on 29th September.

Core lithium

29TH Sep 0.41 AUD
15th Jan 0.90 AUD
120% gain

15th Dec 0.51 AUD
15th Jan 0.90 AUD
76% gain

Nice monthly gain - j curve

[djfrankie2] 16/1/2022 01:35

Diesel I was extremely positive i am starting to get concerned i have been bitten too many times by REM / KDNC but i cant stay away if they sell out their EMH stake they have an expensive mine to recommision and the monies gone Sonara could not be sold for years Castillo didnt buy their share a couple of days ago this makes me think a placing will happen im sitting on a descent profit and i want to hold on to it decisions....

[mikemichael2] 14/1/2022 16:48

Are you still sure??

[djfrankie2] 14/1/2022 13:16

Can Someone Confirm if this is what Castillo were buying from KDNC CCZ did an RNS today.



Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, is pleased to announce it has received a fresh geological report on the BHA Project's East Zone which highlights significant exploration potential for cobalt-copper-zinc and possibly lithium mineralisation. A key insight was multiple drill-hole assays which delivered significant cobalt readings (refer to table A3-2). Consequently, with a risk-reward trade-off to the upside from a 100%-owned asset, the Board has decided to focus on developing the BHA Project and dropped plans to pursue the acquisition of the Litchfield and Picasso lithium assets.

[urchin1] 14/1/2022 11:14

Piffling amount of shares traded this morning! MM's drop price by 1.75pI am sure we will be higher later today!

[diesel] 14/1/2022 10:33

Difficult to read this one, think fundraising and associated dilution a strong possibility although at this stage Amapa could easily be considered an opportunity for the banks to back, will need a robust PFS. Bit disappointing that the presentation doesn’t make clear the level of holdings in each project but there must be a reason for this piece of PR so maybe they are thinking of returning to the market.

[djfrankie2] 14/1/2022 09:48

So i listened to the Vox twice Kiran didn't sound as convincing as he did in previous podcasts I think they will get the 20% in time then it will be fundraising so imo we could see 20p again .
I keep reading talk of 40p when the 20% arrives im not convinced even if we do there will be so much profit taking it wont be at 40 for long and of course the market seems to like 30p as an absolute maximum.
Any view anyone

[rossowheels] 12/1/2022 09:45

Should be heading into fresh territory now!

[diesel] 10/1/2022 09:02

Continued recovery of I/O price will keep driving this..

[urchin1] 06/1/2022 11:59

To me - it appears that todays earlier drop in share price was orchestrated by MM's (Create panic) to obtain stock for their clients!Good recovery though!

[fhmktg] 06/1/2022 09:19

I/O up again today on news that Chinese demand has turned positive.Time for another shipment from the Amapa dockside?

[diesel] 06/1/2022 08:26

The chart says it all, the potential here is Amapa, the other assets, apart from a 10%
Holding in EMH is really tiny and speculative. To realise this potential at Amapa they need a recovery in I/O, and there has been a slow increase, about 15% since the beginning of Dec.

[maqsud] 05/1/2022 09:18

Massive upside purely on the EV play .

[rossowheels] 04/1/2022 12:07

PS The initial $2.5m is already in escrow

[rossowheels] 04/1/2022 12:01

It's good to see real value being added by doing deals to revitalise existing plant and infrastructure. Amapa will undoubtedly prove to be an extremely important and strategic asset.......

[dmitribollokov] 04/1/2022 11:06

Beautiful- gap closed now time to bounce back.

[bbluesky] 04/1/2022 08:30

Zak Mir on his Trader's Cafe has a 43 target.

[jambam] 04/1/2022 08:02

placing coming folks. don't get spiked.

[iceagefarmer] 04/1/2022 00:21

been looking at the location of amapa and its certainly in a great position for exporting the iron worldwide sitting on the amazon estuary