Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Which one of you is "Deep Value Investor"?
https://twitter.com/DFValue/status/1629077934454501377?t=Uvv1Gd1C_JtLJFb-Ylm9jg&s=19
Couple of observations/thoughts:
1) Ganfeng are solely in talks with the Mex. government, therefore KDNC have little/no say in the negotiations. I feel that if/once Ganfeng has agreed a way forward with the Mex. government, they will come and deal with us. Its obvious they would want to get rid of us (one way or another) and as cheaply as possible too (who doesn't like a good deal!).
2) Somewhat countering the above point, the fact that we are a UK listed company, might actually play to our benefit (and save some face for the Mex. government). For Mex., having a UK company in the mix certainly has a positive connotation than a Chinese one. But only if we were involved in the discussions ...
3) I genuinely think the BCN fiasco was the Mex. government's ignorance - they were sleeping at the time and have only recently realized what a gem they have to the north of their country. They are now trying to rectify their mistake retrospectively.
4) Finally, purely from a commercial perspective, I feel Sonora has the bigger potential than Amapa for KDNC, but only if the big boys play fair, and politics don't get in the way.
Either way, exciting times ahead.
GLA !
Ah yes that's right. In fact the BCN management along with some other investors/partners (eg Hanwa) were on board too so that was an easy one.
On the note of II, I recall an II had participated in the last KDNC placing, did we ever find out who that was?
Remind me what happened in the case of BCN? Problem is there might be too many holders just wanting out after years of waiting, so maybe we aren't particularly protected from a hostile bid afterall.
https://ukinvestormagazine.co.uk/anticipation-builds-for-cadence-minerals-as-amapa-pfs-prepared/
The classification/direction of the trades can not be relied upon, we've known that for some time now. And I say that from personal experience from my 2 buy trades placed on Wed 19 Oct, both of them were shown on LSE as sells !
I can't see any negative reason for a sudden, and significant, increase in the trading volume. Could it be the other way around with the buys incorrectly showing as sells (as was in my case)?
Since it seems you don't deal that often, you need a broker that is low cost. I personally use IG (ISA) and II (SIPP) but would recommend Freetrade to keep costs low. Oh and one broker I won't recommend is Trading212 (I think they are not entertaining new customers anyway).
Please also add me. 64,483 shares.
Various valuations of either pieces of KDNC or the whole thing have been presented here ...... 40p, 60p, 80p, £1+.
Whatever the real valuation is, it certainly is NOT 20p. And it doesn't matter what WE (LTHs) think the valuation of KDNC is. Until the market concurs, we are stuck where we are.
So instead of throwing random numbers, I would appreciate some brainstorming on how to fix the issue. What's the missing ingredient? Lack of PR? Lack of investor confidence? Lack of published research? Lack of IIs involvement?
GLA
Deadlines for both IG and II is 16th Feb (tomorrow). At the current share price, it's silly to subscribe for the open offer. I've topped up in the open market, and will monitor price action till tomorrow to decide whether to subscribe or not.