Cadence Minerals Share Discussion Threads

[on target] 03/2/2022 10:34

Iron-based flow batteries are for renewable energy storage from wind and solar, not for cars.

[andrewhbruce] 03/2/2022 10:17

Do we get a look in ?here

[diesel] 03/2/2022 08:41

DJF…., I was hoping that there would be more progress with EMH by now, it doesn’t look like anything is imminent there otherwise KDNC may have held off. They will need to raise funding for Amapa development by debt now, that’s the next big hurdle.

[iceagefarmer] 03/2/2022 02:51

not sure about lithium though...i read elon musk now favoured iron based batteries

[djfrankie2] 02/2/2022 22:19

20p / 21 is the bottom imo so anyone buying at that level cant lose the only way is up as Yazz said with 27% of Amapa in the portfolio it does appear positive..
I know many would prefer selling EMH but isnt that like selling the family silver

[diesel] 02/2/2022 17:00

Yup, was kind of hoping that they would have realised some gains from elsewhere, still Amapa is the significant investment in their portfolio.

[dmitribollokov] 02/2/2022 16:55

Yes, heavily.

[scoots] 02/2/2022 16:52

Does this mean we will drop tomorrow.

[dafad] 02/2/2022 16:41

placing at 20p

[diesel] 02/2/2022 08:29

Another jump in I/O, you’re right fhm…, they must be looking into shifting some more of their stockpile soon.

[fhmktg] 27/1/2022 13:38

Correct diesel and the Baltic Dry Index continues to fall....time for another couple of shipments from the Amapa pile!

[diesel] 26/1/2022 09:32

I/O price still edging up…

[dmitribollokov] 19/1/2022 17:12

And here this morning on EMH. As i said, old news…

[berrymanl200] 19/1/2022 15:30

It's today's news released in Australia this morning.

[dmitribollokov] 19/1/2022 14:52

Lol this bounced on an RNS with old news, tells me all i need to know.

[rossowheels] 19/1/2022 10:10

Looking good for another assault on 30p

[diesel] 18/1/2022 07:23

So the PR bit didn’t work for the company, I’m holding for now but only because of Amapa there again EMH are long overdue an off take agreement.

[dmitribollokov] 18/1/2022 07:09

Yep fair play. I sold out too, feels like it’s had its run for now. Failed to get through the 30p resistance, more than happy to take profits and reload lower if possible.

Tbh the crazy valuations ppl chucking out on the other thread for things like sonora denting credibility too. Puts people off. Clearly the case because despite the PR, the volume is not picking up. People are ascribing £200m valuations to sonora - an asset that may never get produced and certainly isn’t slated for production for at least 10 years. Massive red flag for me.

If this gets back to high teens, there’s value again here, EMH underpins the share price to 8p atm (£12m equity valuation from EMH holding/150m shares).

After that interview, the mkt response to the marketing/urqhart-stewart tip, failure to break 30p resistance, inter alia, I can see this heading back to about that level.

[djfrankie2] 18/1/2022 00:33

dmitribollokov i have to agree with everyting you wrote im in from 15p and was over the moon at 30p another 3k gone today its the fear of missing out that keeps me here at the same time i need to protect the profit i have , this thing about MMs dropping the price to satisfy clients there are no clients the price drops with some heavy selling and small buys , i could have bought 100k shares today at 27.28.
Time to follow my gut

[dmitribollokov] 17/1/2022 11:19

Mkt not happy hearing it’s going to be at least 2 years for any production at amapa. Also kiran basically confirmed gangfeng have no obligation to mine the JV lithium even in 9 years time, also said it’s more expensive to mine as on a down dip. They are completely at gangfeng’s mercy.

Every time a share’s price goes down, why does it have yo be some kind of evil MM conspiracy? Sometimes it’s just the mkt deciding.

[urchin1] 17/1/2022 10:00

Once again IMHO - it appears that todays earlier drop in share price was again orchestrated by MM?s (Create panic) to obtain stock for their clients!I noticed earlier the Spot price of Iron ore was 126 us Dollars $Anyone out there know what I/O price needs to be in order to be viable financially for KDNC?