George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
posted by jimb last night… https://energiaadebate.com/revela-nahle-nombre-de-empresa-mexicana-del-litio/?utm_source=rss&utm_medium=rss&utm_campaign=revela-nahle-nombre-de-empresa-mexicana-del-litio …
Anyone looking in on Cadence will see the 24 million needed to go to 49% for Anmapa ... I heard it be said that our jv area is worth up to 200 million.. I'd be surprised if we were offered anything over 24 million... I am willing to be surprised tho...
And the Mexican government will say take this amount or we will just take it from you?..
Penny for your thoughts guys?..
it’s litio para mexico… or as the spanish do sometimes tend to say the 1st words last… mexico para litio… or mexilit for short… lol…
One for you Jimb2 https://www.youtube.com/watch?v=w8AESpbopiY #BYDBlade
"At the Amapa iron ore project in Brazil, Cadence is prioritizing its Prefeasibility Study (PFS) with all significant contractors on site last month. Cadence expects firstly to publish a maiden reserve followed by the PFS. In addition, a heavy focus has been applied to the relevant environmental permitting, compliance with Brazilian legislation in relation to its Tailing Storage Facilities and implementing the policies, structures and controls required for a new developing company. Cadence is leaving nothing to chance in our opinion and applying solid principles to redeveloping the Amapa project."
@Obs the latest from WHI is 27 June 2022
WHI View: After the recent sale of its stake in some licences at Yangibana REE project to the operator Hastings Technologies (23.06.2022) Cadence continues to simplify its business. Today’s news (Evergreen deal) turns an equity stake in a business which needed funding to one where funding should be available via a listing, and crucially it maintains an important stake in Australia’s booming spodumene lithium pegmatite sector. With news flow expected from Amapa shortly on development scale, economics and timing, Cadence is beginning to take control of its own destiny.
Money, firmly where mouth is! :-)
Good for you obs.
Indeed @EV. Snowball incoming! lol. Seriously, the potential here is mindboggling. Anyone new here, take a look at my recent asset valuation and comments:
https://www.reddit.com/r/CadenceMinerals/comments/vpr5w7/due_diligence_lsekdnc_cadence_minerals_asset/
Bet the BoD are comfortable with their 29p options, the current share price being a bit of a gift really. One I've fully taken advantage of :-)))
Ob.
The ideal scenario is clearly sell [Some Of] Sonora for at least $24m-$30m to fund Amapa 49% avoiding the need to raise and catapulting our SP because it would have a multiplier effect.
Yes I get it but with things as they currently are in MX how practical/possible might that be.... just hoping we don't get caught in a squeeze between GFL & the MX Govt .... only going to be one loser in that scenario IMO ... time will tell & our SP will react accordingly when there's clarification of what it ultimately means for us ..... leave it with you now to go into extreme rampy ramp mode though :-))
Absolutely @Bannor. Though we do have first right of refusal if particularly bad. I know you know this, but for the benefit of those who don't, search for "drag" here.
https://www.rns-pdf.londonstockexchange.com/rns/3501N_-2014-7-25.pdf
...that's better OBS ... fingers also crossed that GFL don't do a deal with the MX govt that serves them & their shareholders well to the detriment of the JV areas eh
This thread is the news of the day, and if true, and if those looking in for the first time, or perhaps with funds to top up, believe it to be true and understand the consequences if so, our share price could move up significantly depending on how deep their pockets and conviction is. Sometimes you just get lucky when browsing the boards, and perhaps today is the day for you, dear new investor. lol. OK, that's a ramp, but a pretty true one ;-) Been in the situation myself, sometimes you read something that catches your eye, you do the research, and you buy, buy, buy, whilst everyone posts: "has there been a leak" and other nonsense. No, someone with deep pockets has just read the research you guys have been posting and understood what it might mean. :-)
Wonder how many will look back on this day if an offer is forthcoming with regret? I'm not saying you will @Bannor, as like me you appear to be fully loaded at this share price. But there will be some who have read this and don't grasp what it means, and I'm not just talking cash in the bank, what it means for the Cadence of the company, for our future prosperity. $$$ :-)))
Everything I know is linked from here, and in the comments, apart from today's news :-)
https://www.reddit.com/r/CadenceMinerals/comments/wiwi98/weekly_discussion_thread_upcoming_news_icymi/
Anyone found the source of this yet? And I don't mean the Bnamericas article. This is massive news if true. @Kiran?