Member Info for Bannor

...as far as I'm aware we've never had an MCAP of £100M ..... 8+ years ago when we 'spiked' @ 2.14p (£2.14 today) we had the equivalent of ~30M (3bn) shares in issue so just over £60M MCAP .... today we have the equivalent of nearly 18bn shares in issue with (with warrants & options in the background) & an MCAP of circa £20M .....

....we are selling the YANGI JV tenements!!....
the return is $9M in HAS shares which we can freely sell after the escrowed period if we choose to do so ....

OK so it's a long way off the $200M (dollars MBW) that Kiran once suggested it could 'possibly' be worth (I bet that statements regretted now also!!) however it's tangible & realisable 12months after settlement rather than on a wing & a prayer at the whim of HAS in some 10-12 years time if ever, as I'm sure HAS would've concentrated on their 100% owned areas for as long as they provided better returns for their shareholders than ours.

$9M now as a direct asset in a company that could significantly increase in value (maybe not 25 fold admittedly) or 'possibly' $200M at some point 10+years (or more) down the line .... I'd take the $9M now I think .... it also allows HAS to exploit the JV asset areas earlier than they might otherwise have done as well.

Money in the pocket now rather than potentially after I've popped my clogs works for me.

Ay up neighbour.... long time no see have you sorted out your bush now :-))

pgal ..they're escrowed for 12 months.

Which in my very rough estimate using today's RoE works out to a fraction over 2.8p per KDNC share & if the 'market' hasn't currently assigned any value for YANGI to our SP then we should see all of that reflected in the SP .... let's see what happens in reality later today ..,.

.for $9M of HAS shares .....now that's going to require an RNS today ....

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02534336-6A1096768?access_token=83ff96335c2d45a094df02a206a39ff4

.....to be fair other than the divesting of Celsius & investment in Mont Royal there was never going to be a great deal in the annual accounts that we didn't know or couldn't have surmised in my opinion but Degsie was clearly eager for it as he kept pointing out it was due often enough along with the fact that Kiran bought in the 18's & the directors have options at 29p LoL

...as yet another trading day comes to a close, the weary trader prepares for another night of expectation of what the morrow will bring .... another day of waiting perhaps :-)

Indeed Dallas ..... the old smoke & mirrors ploy ...... Smoke & mirrors ..... Smoke & mirrors. LoL

....I know you can no longer say the accounts will be out soon but you forgot to mention that Kiran bought in the 18's & their director options @ 29p LoL :-)

Investor case presentation...

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02533978-6A1096612?access_token=83ff96335c2d45a094df02a206a39ff4

.... only 25% of the current MCAP then YAP YAP ...if that happens I suspect my exit point will have been & gone .... dream on though eh LoL :-))

...there you go Mike you were interested in the who's & hows of those who were 'invited' to partake in 'placings' .... Looks like CAR3Y is one of those 'traders'

....& don't forget the director options at 29p eh @Degsie LoL

Not only that KM is suddenly forecasting the price of 17p in October 2022 but lauding it over a 300% rise from 4p without mention of how much it dropped to accommodate it ...LoL

"During the year, we saw prices of up to 31 pence, which was driven by an increase in iron ore prices that reached US$220 per tonne in August, but prices then fell to US$90 by November 2021, which was reflected in our share price, which reached 17 pence in October 2022. Cadence's share price has increased by more than 314 percent over the last two years, representing significant growth."

....and YAP YAP why not 430k ... don't they deserve it .... PMSL

....confirms current status & schedules of YANGI & Sonora & looks like the market has been reacting over the last couple of weeks & continues to do so today .... we can only hope the Amapa PFS turns this around

....oh & for sure there is negativity towards this share but it's not based on any of the negativity posted on here .... it has much more to do with past performance, actions & activities of our BoD & their association's IMO.

....no you're wrong .... Oh yes you are .... after all the constant positivity & posts of wealth to come & rags to riches from so many on here we'd be trading at +1p a share if anyone took any notice of the s***e on here ....

Really!!? ... It's not that hard LoL

Novice investors don't sway the SP either .... I'm afraid it is you who are deluded if you think the s***e posted on these boards influences the SP.

...... you know as well as I that you only have to report a short once it's over a certain % of the SCAP.