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MJFMSG,
if you need £20K at the moment and believe this will go lower that's an easy answer, if this does turn good and you recover your paper losses I'll look forward to a director's breakfast - I'll be honest about the way things are unfolding I do believe your 400K is recoverable within the next year or maybe two.
£2 a share, not unrealistic,
Thank you Kindly jimb2 i have no intention of selling but would like the share to recover get some of my money back G L A
jim , I agree , we have had to deal with some tremendous head winds over the last 3 years. ATB
https://www.mining.com/global-iron-ore-production-growth-to-accelerate-until-2026-report/
jimb2/ we cannot even get 70p so you can take me to court for a day out ,you will make more money this winter growing Garlics.
.... especially when someone(s) seem determined to drag this under 10p again (or 0.1p pre consolidation) back to the levels of 10 years ago but with 6 x times the shares in issue..... Kept the boys in the lifestyle they'd become accustomed to though eh!! LoL :-))
Bannor / this share is not worth 10p the way it is been managed.
Mike could you answer bannor :)
Be careful mr.james. I just undertook my second suspension for harassing Mike, so watch what you say. How a person can mention the placement everyday for 6 months and not be seen to be trolling is anyone's guess.
Mr James ...... firstly Bannor didn't ask a question secondly what on earth makes you think you have the kudos/position to direct or ask anyone else to do anything ..... despite your frustrations at the current SP & inability to control the flow of content of any conversations.
& still someone(s) with lots of shares is creating downward pressure.... when will they run out ... OR is there some forward selling going on!!
Been soaking them up for some time @Bannor. Sometimes you just have to sell, and sometimes it's impossible to resist a bargain. And 10.5p is an absolute bargain in my view. ;-)
@Bannor, I am with you on this: reasons for constant selling:
Forward selling --usualy with pre knowledge of cap raise pending.
Reduce market cap to make below asset value offer --a la Bacanora.
Distress sales--although I would expect a deal could have been arranged as sp has been forced
down for a few weeks now imo.
Which is most likely?
Isn’t just about every share a bargain at the moment ? All the conspiracy talk about Klaus Schwabb and world comic forum etc and the grrrat reset could be more true than we like to believe . At what point in the coming year of rising fuel snd energy and cost of living and political unrest around the world do people think the stock market is going to come good . ? I’m
Not so sure it will
Most likely and what I'm seeing is a fight between fundamentals and technicals....nothing more, nothing less ;-)
@Dallasdaz, lets hope the fundamentals win out!
It seems very dangerous to me to sell down a large holding in a small {£18m] Aim company
with no get out clause.
Indeed @Ivy. We need to drum up some interest in this company, and I'm expecting that to happen shortly after the MRE/PFS - and expecting brokers to begin to issue notes with the "simplification" of our holdings following the LT&LS and HAS news, though Sonora is still the wild card. Minimum valuation of that to me is $15m, but could be orders of magnitude more than this should it play out just right. Even fair value based on the offer by Ganfeng on a reserve basis based on $11/kg would send us into orbit! And what's LCE at nowadays? 60? 70? This is so under the radar it smarts. lol. Get some decent publicity done Kiran. Crux for example. Still great buying opportunity, which I have been doing. In spades...
Keep it up @Obs, we have movement ;-)
It's not me - I've stopped buying for now! lol.
Great accumulation area and finding support ;-)
https://drive.google.com/file/d/10PFdDcL88n8HIrEUOqHV-kANg7-fgaMx/view?usp=sharing
Eyewatering figures even at the lower ore prices, looking forward to seeing the PFS.
Per year 65% 62% Total
Tonnes wmt 4,900,000 400,000 5,300,000
Price/dmt $140.50 $124.90
Price/wmt $129 $115 Weighted avg: $128
Revenue $633,374,000 $45,963,200 $679,337,200
After tax NPV8 (100%) 14yr $1,071,058,753
After tax NPV8 (100%) 25yr $1,441,420,516
NPV8 Per Cadence share (27%) £1.85
NPV8 Per Cadence share (49%) £3.36
NPV8 (27%) GBP £319,406,822
NPV8 (49%) GBP £579,664,233
Where are the shipping costs in those valuation?
I have factored in $35/t KM estimated $30/t recently
Revenue $633,374,000 $45,963,200
Per Tonne Total
Opex $21/t $111,300,000
SG&A $2/t $10,600,000
Shipping $35/t $185,500,000
EBITDA $70/t $371,937,200
Capex/loan repayments (my est) $10/t $53,000,000
Total Costs $68/t $360,400,000
Gross Profit $60/t $318,937,200
Tax (Assumed 35%) $21/t $111,628,020
Net Profit (100%) $39 /t $207,309,180
@Ivy, (only if your interested) compare the fib levels I drew in January @28p https://drive.google.com/file/d/10QHS9T0IYBVhXrq0hLN8T2dOqQs4n4Uw/view?usp=sharing
To how it's played out. Breaking and retesting every key Fib level...https://drive.google.com/file/d/10PFdDcL88n8HIrEUOqHV-kANg7-fgaMx/view?usp=sharing
It's not brought down by sellers with large holdings.
looks pretty clear to me from yesterday’s investor presentation… that we will be going to 49% ownership of amapa… in the next 6-months or so…
kdnc @ 49% amapa : £3.36/share : npv8 £580m…
kdnc @ 27% amapa : 11p/share : mcap ~£20m…