Member Info for Bannor

that's a shame if you'd waited till next week we might have had the chance of crossing paths I'll be travelling 'down' to the lakes next week for a couple of days different 7 letter word beginning with 'W'

Morning Mrs B ... no haven't given up the nightshift & still highlight RNS announcements from OZ if someone hasn't beaten me too it ..... used to be Picto or yourself but now it seems you're often beating me to it like you did last night ....but not AOU the night before.... and to be honest the board at night has been pretty deserted the last few weeks

Cheers & GL

the overburden needs to be taken into account as well .... which to my reading is also generally less of an issue In the JV areas so will impact costs of extraction less.

So the question is where (at this time & in any mine planning) do the lines cross on the economics between providing bigger payback for HAS & its shareholder to mine the JV(s) losing 30% of the extracted value to KDNC in terms of reduced overburden & higher TREO value to mining their 100% owned areas.... don't forget the results last night were infill drills at Auer & Auer North .... they have many other licence areas we're not involved in that the same calculations might need to be completed on.

Just because you can type teccy (techie!) doesn't make you a teccy (techie!) type ...

...nor does it mean you can spell ..... unless you're a,wizard or witch in which case you might be able to spell but still unable to spell :-))

....of the month.... wonder who that benefits most....

But to be fair it's just another dip on top of the constant dip for the last x years (discounting the very rare hiccough & short term small spike)

...... or without the acidic sarcasm ... what Obs just said

https://www.asx.com.au/asx/share-price-research/company/AOU

Reeled in MB? Do you think I bit.....

If there is anything other than pure economics behind it BCN is easy to explain in my view ... try Lenigas attempting to manipulate & manoeuvre everything to make himself look good & appear to be running & dictating the show whilst chirping like a kid at Christmas about it all on Twitter - coupled with the subsequent KDNC boards blocking of their move to AIM (irrespective of the deemed reason or rationale) followed by a laughable takeover attempt & I think there's no doubt why BCN might want to stick the knife in to a jumped up junior partner trying to play fat controller....

.... and as I've not seen you posting much here previously just so there's no ambiguity I am in KDNC (formerly REM) only - don't hold & have no intention of holding BCN (or EMH) & will sell only once Sonora is sold or exploited to KDNC's benefit - which for my own & the benefit of others I hope comes sooner rather than later......

If anything good comes of this company now I do not think it will be due to anything the current board have done or accomplished as all they've managed so far in my view is preside over a landslide whilst fannying about & dancing around pretty much to Lenigas's tune & whim since he left - but I guess that's what happens when the minigases are 'supposedly' left to their own devices.

As for Hastings & Yangi - that appears to be on a time out for now planning wise .... little (by that I mean nothing) in the short term for KDNC in my view regardless though .. not sure I can blame Lenigas or the minigases for that one though.

In his defence I think he might be bipolar ....

Yes - it really sucks

I should add of course that whilst I would not want the shares issued to be calculated as a monetary value now because of the current abysmal SP I would be advocating & arguing that it should be if the SP rises above where it was used when the deal was calculated & agreed.

Very much a cake & eat it position - but then that's me :-)

I wasn't planning on posting again for a while but just for you Frankie from the original RNS

CADENCE can acquire 100% of the interest in the exploration permits and will initially earn 49% via staged investments of cash spent on exploration and development and the issue of new ordinary shares in Cadence to The Vendors. Ninety percent of the cash investment and all of the share consideration is contingent on the grant to the titleholders of the exploration permits. Cadence also has a one-year option to acquire the remaining 51% of the interest in the exploration permits. Key details of transactions are contained in the table below. (I've trimmed the table to the bare bones):

Stage 1....... 4% =. £0.05 M + £0.05

Stage 2..... additional 20% = 95,153,846 + 57,692,308 shares in Cadence.

Stage 3.... additional 7.5% = £0.15 M + £0.15 M

Stage 4 .... additional 17.5% = £0.35 M + £0.35M

Stage 5 .... additional 51% = 480,769,231 + 192,307,692 shares in Cadence

The vendors will retain a 1.5% net smelter royalty on products produced from the assets. The royalty will be deferred and only become payable upon the repayment of the capital and any debt associated with establishing a mineral processing facility.

Shouting 20p - 30p & riches beyond imagination on a positive drill ... LoL

BTW we have had the discussion about San Luis & share issuance & I believe even Kiran's himself confirmed it would be the number of shares stated in the original RNS however I get very twitchy when they only quote the monetary value & looking at the current SP - I don't trust Kiran or any member of the BoD & would very much prefer the take up in ownership be declared in the number of shares &/or at least both so it can be seen that the value relates to the SP at the time of the agreement.... another question (AGAIN) when Kiran's brave enough for another 'regular' (!!) webinar...

Thank you Frankie & good morning to you.......

I doubt I'll be posting for long though as I can no longer be bothered to respond to most posters as they're either too insanely positive or too inanely/stupidly negative.

There are some good people here still struggling to be reasonable & see the whole picture with reasonable discussion, debate or questions, yourself being one of them.

Take care....

There they go talking about issuing shares for San Luis as a monetary value instead of the indicated number of shares in the original RNS ....

216K cash available - that's not a lot & was 3 months ago!!!

https://www.asx.com.au/asx/share-price-research/company/AOU

Page 13 annual report "David Lenigas is currently a director of Cadence Minerals PLC"

Gawd I hope the f**k not I'd rather keep Morzario....... do you think the arrogant scumbag (my opinion) didn't bother telling them he'd thrown in the towel & run away when his chess game fell apart (my view)

Well it was over the ask until reported ....

Over the ask buy at .39???