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
  -0.35 -2.99% 11.35 203,788 14:46:11
Bid Price Offer Price High Price Low Price Open Price
11.00 11.70 11.75 11.25 11.75
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -2.27 -2.54 16
Last Trade Time Trade Type Trade Size Trade Price Currency
16:37:09 O 25,000 11.30 GBX

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Cadence Minerals Daily Update: Cadence Minerals Plc is listed in the Mining sector of the London Stock Exchange with ticker KDNC. The last closing price for Cadence Minerals was 11.70p.
Cadence Minerals Plc has a 4 week average price of 10.63p and a 12 week average price of 7.95p.
The 1 year high share price is 16.35p while the 1 year low share price is currently 0.10p.
There are currently 140,219,053 shares in issue and the average daily traded volume is 1,007,263 shares. The market capitalisation of Cadence Minerals Plc is £15,914,862.52.
dmitribollokov: These guys are awesome, get momentum in share price, issue shares to pay salaries for another 6 months, knock share price down. Rinse and repeat.
onsideman: legalease19 Aug '20 - 21:44 - 2529 of 2530 0 0 0 Can see this getting to 75p near term. There is a huge amount of ore that just needs loading up onto a boat And shipping to China, then there is the mine, the railway, the port and the opportunity to increase stake to circa 40%. If that happens the share price smashes £1.00! I need £1 to get out of this piece of cr*p even - that's overlooking the opportunity cost of having my money tied up for years and years. Sick and tired of paying Kiran's wages. Disgruntled holder
jackjackpaul: #KDNC No trade to buy again.. news bottle necked and due to be transformational for the share price. reminds me of EUA scenario... see this heading to 30-40p fast Everyone can reply
jackjackpaul: #KDNC no trade to buy.. seller flushed.. rerate to 30p-40p+ to commence... influx of news due here which will be transformational for the share price.
adobbing: I wonder whether this lot will release an RNS as they also own quite a chunk. You would think it would be relevant enough to warrant one, or even drive the KDNC price up. It could even be a means of Krupa upping their slice of EMH on the cheap!
jlondon: Cadence Minerals Plc - Share price is up again, the 2nd day after the Alan Green interview. From recall, the share price went up 7.41% yesterday into the close after the late afternoon Alan Green interview. Share price is currently 0.9p and 0.105p +5.41% & Mkt Cap £10m at 10am [Source: Lon Sth East KDNC delayed] ALAN GREEN INTERVIEW: "Cadence Minerals £9m. GREEN: BEAN COUNTERS have been OVER it. Amapa EBITDA $136m per year for next 14 years & Cadence Minerals [KDNC] has 27% of this. Even if it misses at $90m-$100m, MASSIVE, MASSIVE UPSIDE. Other ASSETS E X C E E D Cadence Minerals MARKET CAP. Amapa different BALL GAME. Former Anglo-American mine valued at $462m." Comment: The market would have or may have noted "bean counters have been OVER it and other assets exceed Cadence*s MKT CAP."?? The interview is on Twitter so kindly check. DYOR. Capital at risk. Wed, 11 Sep 2019
jlondon: VOX Mkt:2 Kiran Mozaria, CEO, KDNC interviews on Amapa which some may have missed: 27 June 2019 Interview: hxxps:// 1)"In 2012/13, Amapa was worth $600m on Anglo-American books. They are buying it for $12.5m. KDNC paying $2.5m, then later $3.5m." [Me: So, now we know that KDNC will pay $6m in total and Sino the JV partner will pay $6.5m. This was not known before] 2)Current situation: "SIMILAR iron ore prices." [Me: K.M means that at the time of $600m value, the iron prices are like now.] 3)Anglo was PRODUCING 6.5m tonnes per yr. They were selling Amapa when the port accident happened? High Net Individual mentioned - Zamin. Port collapsed -stoped logistics -no revenue. Continued to mine till 2015. 2015: iron ore prices dropping for a long time then administration. $40-$50 p/t?. [Me: So, now we know how the administration came about after Zamin bought it & iron ore prices fell then Amapa went into administration?] 4)In full production under KDNC [20+7%] & Sino JV partner, they will produce 4.5 MILLION tonnes per yr with MAJORITY 65% Fe. Currently, iron ore $120 p/t at time of this interview. 5)2 advantages: INCREASE in iron ore price & cheap costs to KDNC & Sino JV. 6)14 mine life with PORT & RAILWAY. 7)KDNC to pay $3.5m at a later date for next 7% to 27% from 20% currently. ------------------------ <><>24 May 2019 Kiran Morzaria interview: 1)Valued at $600m by Anglo-American in their books. Profit $170 MILLION PER YR. There*s infrastructure, port & railway. Open pit. Stockpile will fund re-commissioning of mine. Justin Waite, Interviewer: $170m profit. Simplified maths - run it DOWN to $100million. 1/4 = $25 MILLION WHICH IS MORE THAN YOUR MKT CAP OF £14 MILLION. Kiran Mozaria: Yeah. Time to get there. Simple way put it that way. China -people who want this product [KM]. Why iron ore now [JW]. Look at supply/demand across commodities. Look for commmodities cheaply. Last year iron ore $95 - $111 for 65% Fe iron ore. LONG TERM UPTREND for iron ore 2-3 yrs. ------------------------- $25m per year as above = £20.8 million per yr to KDNC [£1=US$1.2] 27% share of $100= $27m. So J.Waite has cut it down from $170m p/y to $100m & from $27m to $25m p/y to KDNC. Share price 0.10-0.11p and Mkt Cap £10m IF, Say P/E 10= £200.8million [norm] -- Implied 20 X [vs £10m mkt cap]= 2p IF, Say P/E 5 = £104million [lower] --- Implied 10 X [vs £10m mkt cap]=1p ----------------------------------------------------------- [Please check what was said in the interview] [Ilustration from interview figure mentioned by Justin Waite per his simplified maths] Kindly check. DYOR. Mon 9 Sep 2019
jlondon: KDNC share price: 0.10p/0.113p - Mkt Cap £12m. Portfolio >19% of European Metal = £6.46m [if 20% £6.8m] >1.7% of Bacanora = £1m >10% of Mcarthur Min = £1m Total: £8.8m Loan :- £3m Net: £5.8m [Attribution degsie from Lon Sth East] Additional: Clancy Auroch Argentine Australia - 3 projects Greenland licence - 100% Bacanora [30% JV with KDNC - see details] Hastings Yangibana 30% JV New: <>Amapa Iron Ore Project: Brazil Initially 27% Payment: $2.5m for 20% [27.6.2019 RNS-£1.6m raised @ 0.11p to fund initial payment] $3.5m for 7% >INITIAL REVENUE: Q 4 , 2019 <>AWAITING: Approval of a judicial restructuring plan submitted by Cadence & Indo-Sino. Transfer of 99.9% share capital of Amapa to Pedro Branca Alliance etc. >About Amapa: Anglo American sold Amapa for $130m to Zamin in 2013 [others competing to buy then include Glencore etc] Value of 70% of Amapa on Anglo books at US$866m [100% $1.2 billion] After Impairment valued at : US$462m [Anglo] Annual profit: US$171m [Amapa under Anglo] <>CEO [KDNC] Interview with Justin Waite, Vox Mkts recently: $25m profit potential to KDNC [please check] DYOR. Please check with KDNC RNS 7 Jun 2019 & 27 June 2019 [Amapa] Tues 23 July 2019
jlondon: Cadence Minerals plc Share price: 15.5p Mkt Cap: £14.09 million Bacanora Minerals deal with Gangfeng, largest lithium producer in the world. There were 2 parts to the deal, 1 in the purchase of Bacanora stock at 25p and the other in buying 22.5% in the direct SONORA lithium project for £7.5 million with an Option to go up to 50% at the prevailing share price of Bacanora then. From the Bacanora Minerals latest presentation, the Ventana property has a 20 mine life belonging to Bacanora and a small part I believe with KDNC. However, the greater Sonora resource of which KDNC owns 30% of in the JV with Bacanora, it has a mine life of 50 yrs. However, Seckers said in the IG interview yesterday that the Sonora project has a mine life of 250 yrs. In the case of Lithium Americas Thacker Pass, USA [largest in America], it has a mine life of 46 yrs. [Lithium Americas deal also with Gangfeng] So, 20 years is rather short. So undoubtably, the Sonora JV will have to come into play at some stage. GENGFENG - Bacanora deal,Mon 20 May 2019 puts a potential price marker via this said M & A. So how much is the KDNC 30% worth of Sonora [2] based on the potential of what Gangfeng paid? Simple maths: If 22.5% [based on 25p share price of Bacanora]= £7.5 million, then how much is a 30% stake worth? 30 x 7.5 divide by 22.5% = £10 million approximately? This is yesterday*s price and not the price of the future Bacanora share price. KDNC MKT CAP OF £14.09 million vs £10m potential [Sonora] That effectively means that KDNC is selling for virtually £4 million. Even KDNC*s 20% stake in European Metals [EMH] is worth 20% of £34.46 million @23p = £6.8 million. Then, there is Auroch near Aeris Resources drilling in South Australia said to be potentially bigger than BHP*s Olympic Dam world class copper mine, Hasting Metals Technology [30% JV] in the hot rare earth sector, Cadence Greenland next to the world class rare earth Kvanjfeld project [GGG:ASX] , Picasso lithium near the High Profile Bald Hill belonging to Alliance Metals [ASX:A40] in Western Australia , KDNC Northern Territory, Oz lithium licence near Core Lithium on ASX and another lithium licence nr Alice Springs, Australia. Just check how much these co*s are trading on the ASX especially Hastings and A40 [A$129.8 million & A$270 million respectively] No wonder David Lenigas tweeted that day after day, there is good news but KDNC does not reflect fair value? This does not include the iron ore deal today. I checked on CEO.CA MMS and they are talking about the KDNC iron ore deal. Tues, 21 May 2019
adobbing: Let’s hope that holding 9% of a company whose share price has increased 40% since the start of October, begins to exert an anti gravitational pull upwards on the KDNC share price !
Cadence Minerals share price data is direct from the London Stock Exchange
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