Member Info for Bannor

...that's ever achieved 'after' they've issued a note as they've significantly reduced previous 'guidance' from multiples of the 44p they're now suggesting - even they can't keep up with the downward performance of the SP .... one day they'll be right rodders LoL

.... Considering they've been publishing notes with values significantly in excess of those current or ever achieved over the last 8 years 'continue' is quite descriptive of their opinion .... I 'continue' to keep my fingers crossed the Sonora JV's will be sold anything near or over KM's suggested $200M would be great ... however right now I'd take the equivalent of 30p a share for them.

Oh dear Mer .... you as much as anyone should know that WHI valuations aren't worth the toilet paper they're written on!!

PFS started 2021 now due for completion before end year 2022 ... Double oh deary me & all those who were so adamant the DFS would be completed by end of this year PMSL ... end of 2023 earliest IMO & then only providing they don't put it out to tender.

SP reaction hardly surprising either, up to you when you significantly top up but personally I think there's the potential to drop further after today's RNS with possibly a small recovery over the next couple of days unless we get further news & then whether it would be further down or up will depend on the contents......

Looks like I might need to revise my exit price down further LoL ...

OBS .... where's the section on 'activities after the period end' then ..... must be so explosive it's been redacted!!! PMSL

OBS .... I should hope that Kiran is, as he should be, communicating and discussing matters with GFL at every opportunity provided & appropriate... however until something is agreed, formalised or otherwise firmed up we shouldn't be told about it or the content of them in the interims unless it's been previously announced .... imagine the fallout of jumping the gun, speaking out of line or hinting of something that either crashed or exploded the SP for it all to turn out to be hot air & guff or worse still let out something ahead of time...... although you could also argue our BoD have got previous in that respect as well eh ...... from which I hope lessons (as they seem to have been more recently) have been learnt.

@ Degsie ...I'm not surprised you're bewildered you don't seem to have any room for realism & facts over your clearly rose tinted view of everything Cadence & unquestioned acceptance of any positive posters.

Identify any of my posts that contain anything incorrectly stated with evidence as to why & I will be happy to respond appropriately.... this is despite some of the sonewhat misleading or damaging statements or actions made by our BoD & it's mouthpiece over the years.

As to why I still hold, I've identified this several times over the years so have little inclination to do so again however if (unlike YANGI) the value of Sonora, as stated it could be by Kiran, comes in anywhere near that value I will most likely make your day by selling up & leaving the board .... in the hope that it's still here in 5&1/2 yrs along with a handful of posters that I'd like to contact at that time.

OBS @ 19:54 ... there shouldn't be anything 'NEW' in the interims that hasn't already been announced or we aren't already aware of .... so unless something's announced prior to the interims there shouldn't be anything in it we're not already aware of .... even in the 'activities after the period end' section.

What will be clearer is the financial position but most should be able to assume or work out what they're likely to look like & I'm not expecting them to do our SP any favours.

...thank the gods we will have the interims, which will pretty much tell us what we already know, before the end of the month...... we know that because Degsie told us that KM told him it would be so ;-))

...indeed the 'director options' have been as reassuringly supportive to the SP as all the previously expired options they've had eh PMSL

...just as well eh!! ... imagine where our SP would be today if the XR wasn't suddenly & unexpectedly shoring it up LoL

...& if they don't issue them within 180 days it could all fall apart .... so another fingers crossed it happens .... or should we hope it doesn't so we can realise more value at exploitation LoL

& meanwhile we sink further .... time for a top up eh...... again!! OBS .... as below you've been pretty much copying & pasting the same text since at least Feb & possibly before .... question is when is any (if any) of it going to happen is what we'd like to know!!

...........

observer842

Posted in: KDNC

Posts: 10,130

Price: 17.875

Strong Buy

RE: Fill your boots.24 Feb 2022 11:30
I make at least two on what I see as upcoming news as being imminent, possibly 3.

For the benefit of those new looking in, follow the link for better formatting, corroborating links, and much, much more. Pretty much everything KDNC I know is summarised there and in the various linked posts and comments. This is not investment advice. Do your own research. My opinion continues to be a Strong Buy for a reason! ;-)

https://www.reddit.com/r/CadenceMinerals/comments/sxiuzj/weekly_discussion_thread_upcoming_news_icymi/
https://www.reddit.com/r/CadenceMinerals/comments/sxiuzj/comment/hxtjg3y/
===[
Amapa Iron Ore: Fully funded to increase ownership stake to 27% of a project that had an estimated internal valuation of $3.2B in 2008 with PFS due in July.

Sonora Lithium: In conversation with Ganfeng regarding KDNC's 30% JV's. Details on Ganfeng's optimisation and expansion ambitions and impact on KDNC forthcoming.

LT/LS Lithium: assay results on KDNC's 31.5% JV being assessed to identify potential drill targets to earn-in up to 49%.

Yangibana Rare Earths: whether Hastings plan to officially bring KDNC's 30% JV forward in the mining schedule from years 12-15 as suggested in July 2021.

EMH Lithium: partner/offtake announcements for phase 1 of the project.
]===

Not that it amounts to much here ...
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02572277-6A1111235?access_token=83ff96335c2d45a094df02a206a39ff4

Personally currently hoping that GFL offer to buy us (anything over 40pps would get my vote) by agreement or hostile they could then asset strip anything they don't want as & when at their leisure.

...... Not such a good read !!

https://dialogochino.net/en/uncategorised/58718-mexico-lithium-bacanora-sonora-a-mirage-in-the-desert/

.... $100M (& probably $50M) will open the exit door for me anything extra like the $200M KM himself suggested the value might be when the price of Li carbonate was a mere $13kt would be a very welcome bonus.... how much more I'm prepared to lower my exit price depends on how long it takes to achieve 30pps

Yep ... Purchasing it from COE's estate ...didn't think it's due to complete yet though

.... perhaps we should spare a thought for all those unfortunate BCN shareholders who won't see any benefit to the increase in any values whether real, imagined, over stated or simply made up LoL

Unlike our SP eh which continues to do the opposite!!

No MD - absolutely serious .... $100M for the Sonora JV & all you'll see is my roadrunner impression ... Beep beep (or meep meep if you prefer)