RE: $26 BILLION lithium mine bogs down in dru g cartel & tech risks."-20.10.21, S & P Global: "SONORA IN SITU VALUE OF $22.6BN a/c to S & P Global Mkt Intel Data."Today 10:34
Shareholders of Cadence Minerals [new name for REM plc] want to know what will be the CLAIM IF REM Mexico files for international arbitration since SONORA [30% JV with Ganfeng/BCN] has been NATIONALISED. Cadence 's last RNS on litigation was dated 16 Nov 2023. SOMEONE ASKED and the $26 BILLION is therefore interesting to know as S & P Global Market Intelligence data is NOT FOR THE PUBLIC as it is thought to be on a SUBSCRIPTION BASIS for corporates? The NPV for Sonora @BCN/Ganfeng from recall was some US$1billion+ and the same for REM plc's Scoping Study? Kindly check. Mexican govt 's TREASURY OFFICIAL VALUATION IS "UP TO US$600BN." To check , just input this into the search engine but I have posted this on KDNC.PL but this site has also closed but one can access it externally. Wed, 24 Apr 2024.
---------------------INTERESTING CORPORATE TIMES FOR CADENCE MINERALS RE: AMAPA & SONORA.-----------
Rem plc started out with the SONORA lithium project, the largest deposit of clay lithium in Mexico under David Lenigas, as Chairman.