Cadence Minerals Share Discussion Threads

[bean02] 02/6/2020 09:29

133k delayed buy. Might just be news to bolster this

[bean02] 02/6/2020 09:12

Big volume. Heading back to double digits :)

[inv] 02/6/2020 07:48

Further big rise expected today

[mdchand] 01/6/2020 11:28

Also, this bit of PR might be helpful

hxxp://www.branduk.net/uk-investor-magazine-cadence-minerals-kdnc-transformation-cycle/

[mdchand] 01/6/2020 11:26

As per RNS dated 14th April, Iron Ore shipments were estimated to start Q2/Q3 - which is today. Although the lack of an RNS re agreement with the secured creditor banks meant I had discounted the shipping news. Perhaps they have reached agreement?

Next Steps

DEV, with Cadence's and Indo Sino's ("JV Partners") support, are liaising with local authorities to obtain the required licenses and permits to rapidly commence exports, and have already received federal authorisation to export the iron ore. In addition, the JV Partners are in detailed discussions with potential offtake partners and local contractors so that the Amapá Project can begin shipment as quickly as possible.

Currently, we estimate that the first shipment from the stockpile should be in late Q2, early Q3 of this year. These timelines are, of course, dependent on the ongoing and future impacts of COVID 19 on associated movement and activities.

[diesel] 01/6/2020 10:48

Bit perky this am!

[plat hunter] 18/5/2020 13:18

I think you've missed the point or indeed what this particular vehicle is.Hope you've kept enough back for your BFH

[johncasey] 13/5/2020 06:24

well iron ore Price going uP nicely...macaurther minerals well uP in canada..this share is so under valued, 33P easily acheivable

[yes yes] 08/5/2020 11:42

on what basis?

[inv] 06/5/2020 10:26

this should move up nicely now

[bean02] 06/5/2020 10:03

6.20s all buys

[yes yes] 01/5/2020 14:30

how are they paying for the mine restart, i read somewhere they need a significant amount so what's this £525k at a big discount form 11p two weeks ago?

[adobbing] 01/5/2020 12:23

Cadence Minerals PLC Amapá Update, Placing and Loan Note Restructuring

UK Regulatory (RNS & others)


TIDMKDNC
RNS Number : 6656L
Cadence Minerals PLC
01 May 2020
THIS ANNOUNCEMENT, INCLUDING THE APPIX TO THIS ANNOUNCEMENT, AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT, INCLUDING THE APPIX TO THIS ANNOUNCEMENT, IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION OF ANY SECURITIES IN THE COMPANY. THIS ANNOUNCEMENT AND THE APPIX DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES OF CADENCE MINERALS PLC IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.
Cadence Minerals Plc
("Cadence Minerals", "Cadence" or "the Company")
Amapá Operational Update, Placing to Raise GBP525,000 and Loan Note Restructuring
Highlights

-- Shipping of first iron ore is on target for late Q2 2020 / early Q3 2020
-- Shipment is planned via 45,000-tonne bulk carriers at a rate of 2 -3 every two months
-- Independent surveys of these iron ore stockpiles indicate that some 1.39 million tonnes of iron ore are available for export with a stockpile average Fe grade of approx. 62.14%

-- Principal local contractors are identified, and contracts are being finalised
-- Movement of the stockpile to public port is expected in July 2020

[quantum15] 23/4/2020 13:46

Bit more volume please the team is offloading onto the lemmings !!!! Boom Boom get RAMPING !!!!

[adobbing] 23/4/2020 09:44

“ Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the update today from European Metals Holdings Limited ("European Metals" "EMH" or "the Company") that shareholders have today approved at the General Meeting of the Company, the amended arrangements for the investment of EUR 29.1 million (approximately GBP 25.8 million) by CEZ a.s. ("CEZ") for a 51% equity interest in Geomet, the Company's Czech subsidiary and holder of the Cinovec licenses.

The investment of EUR 29.1 million will see the Cinovec project fully funded to the decision to construct, paving the way for Cinovec to become the first European Union producer of battery grade lithium compounds from a local lithium resource.

The transaction is scheduled to complete on Monday, 27 April 2020, and the work program will begin immediately.”

“ Cadence holds approximately 16% percent of the equity in European Metals, which, through its wholly owned Subsidiary, Geomet s.r.o. ("Geomet"), controls the mineral exploration licenses awarded by the Czech State over Cinovec..

Cinovec Project - no current effect from COVID-19”

[jimb2] 20/4/2020 14:24

Circa $169M to get the plant producing:



slide 11

[rossowheels] 20/4/2020 12:24

MMS not involved in this one!

[bean02] 20/4/2020 12:22

11! Did not expect it quite so fast! 15 next please

[rossowheels] 20/4/2020 12:20

MMS looks a better place to invest especially since its share price has not reacted to the news.....

[mdchand] 20/4/2020 11:14

If or when we get resolution with the banks, the shipment of the ore should be reasonably straightforward. Once that happens, the markets will start to focus more on the reinvestment of the ore proceeds into the underlying Amapa deal. Will $60m be enough to bring Amapa back online, and in what capacity?

[inv] 20/4/2020 10:56

This should go to 30p nshortly