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KDNC Cadence Minerals Plc

2.30
0.00 (0.00%)
12 Nov 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 2.30 37,291 08:00:00
Bid Price Offer Price High Price Low Price Open Price
2.20 2.40 2.30 2.30 2.30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phono Recrds,audio Tape,disk -3.02M -0.0136 -1.69 5.09M
Last Trade Time Trade Type Trade Size Trade Price Currency
14:07:46 O 3,087 2.2601 GBX

Cadence Minerals (KDNC) Latest News

Cadence Minerals (KDNC) Discussions and Chat

Cadence Minerals (KDNC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:07:482.263,08769.77O
09:03:412.262,72861.66O
08:09:492.3725,000593.70O
08:05:272.316,476149.66O

Cadence Minerals (KDNC) Top Chat Posts

Top Posts
Posted at 12/11/2024 08:20 by Cadence Minerals Daily Update
Cadence Minerals Plc is listed in the Phono Recrds,audio Tape,disk sector of the London Stock Exchange with ticker KDNC. The last closing price for Cadence Minerals was 2.30p.
Cadence Minerals currently has 221,260,000 shares in issue. The market capitalisation of Cadence Minerals is £5,088,980.
Cadence Minerals has a price to earnings ratio (PE ratio) of -1.69.
This morning KDNC shares opened at 2.30p
Posted at 27/9/2024 06:07 by farrugia
after all the fluff they left the important part to the very end!

FINANCIAL RESULTS:


During the period, the Group made a loss before taxation of £2.53 million (6 months ended 30 June 2023: £1.95 million, year ended 31 December 2023: £3.02 million). There was a weighted basic loss per share of 1.392p (30 June 2023: 1.163p, 31 December 2023: 1.762p). The total assets of the group decreased from £19.97 million at 31 December 2022 to £17.79 million.


During the period, our net cash outflow from operating activities was £0.32 million, and we raised gross proceeds of £0.47m via the issue of shares and a further £1.33m from the sale of our investments. Most of the capital raised was reinvested (£1.01m), with £0.55m used to pay down existing debt. As a result, our net cash position was reduced from £0.22 million to £0.13 million.

THEY ONLY HAVE £130,000 LEFT!!!
Posted at 12/7/2024 06:59 by younasm
£625,000 raised by issuing shares at 18% discount ; 2.5phttps://www.londonstockexchange.com/news-article/KDNC/fundraise-for-further-amapa-activities/16564867
Posted at 11/7/2024 21:35 by iceagefarmer
they love to spike this share just like ukog...another lenigas one
Posted at 11/7/2024 10:40 by rossowheels
Interesting share price movement which is now below where it was prior to the latest RNS.
Posted at 09/7/2024 09:19 by genierub
33p per share.

Blakes post at 09:04 to see him stating he had a short
Posted at 09/7/2024 09:19 by blakesmith
Buy price is falling as the huge seller here
Posted at 09/7/2024 08:23 by citys2874
Great start for KDNC this morning and CORA doing well....maybe a bagger opp
Posted at 05/7/2024 08:00 by diesel
The fate of this tiddler is linked directly with the price of I/O and Lith. both of which have all but collapsed. But I/O is showing signs of life, I’m keeping a close eye ready to invest at these levels for a possible sudden jump, only for the brave,(or stupid?).
Posted at 05/4/2024 13:51 by northwestwirral
Placing to raise £500,000 and Issue of Warrants to Advance the Amapa Iron Ore Project

Cadence Minerals (AIM: KDNC; OTC: KDNCY) announces that it has successfully raised, subject to Admission, £500,000 placing of 16,666,667 new ordinary shares


The Issue Price represents a discount of approximately 43 per cent.
to the closing price of 5.25 pence per ordinary share on 4 April 2024
Posted at 08/3/2024 09:01 by iceagefarmer
Bringing cadence to cadence
Positive updates

THE OAK BLOKE
MAR 7, 2024

Iron Awe
Dear reader,

My first article back in August 2023 as “The Oak Bloke” was Cadence (LON:KDNC).

Comparing last August to today an utter decimation of Lithium and Rare Earth plays. (who’d have thought - so much for energy transition and shortages!)

This charts set out the movement from August to today.


KDNC announce disposal of Hastings (HAS) freeing up an estimated £0.75m towards progressing Amapa.

Today KDNC announce several positives:

Both EMH (European Metal Holdings) and EG1 (Evergreen) are themselves progressing their projects. EMH has a 36.7% IRR and a 51% partner in CEZ the state power utility and backing from the European Bank of Reconstruction and Development while EG1 is earlier stage but with cash for a long runway. The DFS is imminent and the FID due in 2024. While the entire lithium juniors are down, the medium-long term growth of lithium demand remains undimmed.

Moreover EMH’s NPV is at conservative commodity price estimates. For example EMH's PFS put Lithium Hydroxide at US$10,000/tonne and Carbonate at $12,000/tonne. Even with today’s low prices they are not THAT low!

Also of note is EMH’s simplified flowsheet. WHI said "At the full 20% reduction, this increases our NPV10 for the project as envisaged currently by EMH of $149m to $1,217m using our new long-term lithium carbonate price of $15,000/t, and by $300m to $3,655m for our expanded case (whereby EMH doubles production from year 6)." That would imply a 6.5% of EMH @ US$3.6bn NPV x 49% is worth £90.25m/49.88p or an extra 15.94p a share.

Further investments made in Amapa should move KDNC’s ownership from 32.6% to 35%

The Amapa project has unannounced but referenced capital savings it will announce in its March update.

The Amapa product will be a higher value 67% FE ore worth $10/tonne more. This leads to the NPV of $949m up towards $1.2bn. On a 35% holding this equates to a £77m uplift from the prior £253 valuation to £330m.

KDNC has reduced its costs by cancelling its dual listing with Aquis.

>50% resource upside via Tucano which is adjacent to Amapa and where gold mining has recommenced but where KDNC has mining rights to the Iron Ore. There is an opportunity to improve the economics of the overall project further than my estimate of $1.2bn.

Tucano is one of the areas. There is also the "Great Panther" area which could contain further orebodies. A doubling of ore is not impossible. 50-100p?/KDNC share.

What premium value is there for safe jurisdiction assets? Who controls 80% of lithium refining and battery production. Not the West. Where's EMH located? The West. A few dozen miles from Bavaria's and Czechia's EV production. EG1 is in Australia. Sonora is proximate to US/Mexican EV production. Given the geopolitical tensions assets in friendly jurisdictions usually come at a premium – and not at a 98% discount.

8. EG1 – there's a further A$3.47m of shares due to KDNC on completion of certain performance milestones. Assuming this occurs this would have the effect of diluting existing EG1 shareholders by 24.6% and would increase KDNC's holding from 8.7% to 33.3%. EG1 is a A$46.17m market cap so a third would be worth £7.77m (£5.67m more).... at today's prices. Going back to the NPV of £570m that 33% would be worth £188.1m – or an increase from £0.27 to £1.04/per KDNC share.
Cadence Minerals share price data is direct from the London Stock Exchange