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Truest thing @Bannor. I shall sit and wait..and add if I can..I do need to test out what commission IG will charge me in November :')

@bannor - I am just guessing because Dev haven't shipped anything yet, or that we don't know if they have. The creditors not putting in a petiton may indicate towards them not wanting to ship and maybe there is a soft agreement between all parties, especially if conclusion is near. Compromises maybe to get it across the line..and a stick to beat them with if they delay? Threaten to ship if they drag things maybe. Lol.

All guess work though.

Also creditors haven't appealed the decision as far as I can see.

@Barksy1 - Thank you. Apologies if I am posting this out of turn.
Affirmation that what @Obs found with courts is correct. Courts have allowed the shipping so it may just be a good faith agreement to not ship at the moment.

We have been following the updates provided by Cadence Minerals with particular interest. Cadence is working
with the former Zamin operating company with the intention to form a joint venture to bring the mine back into operation. The creation of the joint venture will require the current senior secured creditors to relax their
security claims over the project at which point Cadence will release from escrow its initial investment and
become a 20% owner in the project.
Cadence has reported that discussions with the senior secured creditors are progressing well. In addition, the
Brazilian courts have reaffirmed its decision to allow the shipment of the 3Mt of iron ore currently sitting as a
stockpile in the port facilities.
Cadence has also reported that the total historical mineral resource contains an estimated 348Mt of ore at 38.9%
iron content ("Fe"). The ore is beneficiated at the mine to 65% Fe Pellet Feed and 62% Fe Spiral Concentrate.
Based on available historic mine plans and an independent consultant review, it is expected that at full
production the Amapá Project has a mine life of 14 years and at full capacity is targeting to produce up to 5.3Mt
of iron ore per annum.

@Bannor - I know you can fight your wars :). It was more so that what happened is not diluted. To anyone not following this board, it may give a different perspective so thought I should put my point across.

I don't think anyone being blamed here is liable to be blamed. There was a lot of coincidences, the ruling, the ship timing, the amount being shipped to get a lot of people excited including myself.

Also, by the time the SP was in 12s, there was adequate information on this board for those taking their time read to make up their own mind.

I personally thought there was a chance that this could work out. I didn't buy into the rise as I had bought a small amount in 10s at the beginning of the month and the buy price at that time wasn't really in my range. I have enough shares where I'd be happy with the profits if it hits my targets (though I am likely to add if buying price is within my target range). I didn't sell either because the potential upside to the speculation being true outweighed the downside (locked out of the rise vs losing an opportunity to reduxe my averages without spending more money and in the process shift my holding from HL or IG) as I still believe there is a good probability of amapa working out (as does Mr.Lithium I think).

Of course with hindsight, I could have reduced my average by selling and buying back on the way down but I didn't expect to see 11s (although it is only an opportunity lost and the rise on speculation only reiterates the belief that if and when the news comes there will be significant interest to make this whole situation look silly)

Yes, the drop is annoying. But the excitement was out of a lot of genuine coincidences. There was a lot of things adding up. There was a lot of positivity and in most cases I didn't see an agenda behind it. They were from information that positively aligned to it being Dev's ore. It's not like anyone doctored the information to create a false narrative.

I just don't think it is fair to blame @Bannor.

The people who annoy me are those who intentionally twist facts such as say on twitter that KDNC owns 30% of Yangibana and assign 30% of Yangibana's valuation to KDNC and say why is KDNC so undervalued. That gets on my nerves.

lol @masterbaker. On a roll today.

@maddog - I hope that is good :)

As for your other question, got to admit, too many politicians have their hands in other pockets.
But Boris, more than most. Then again never voted for the Cons...lol.

@Maddog - Forgot to ask. How was your birthday, apart from the fall here..Hope you had a good time with your loved ones.

@Maddog - Can't help you there. Sorry. :')
I am firmly in Boris isn't nice camp. Hands in too many pockets lol

lol @Masterbaker.
Virus infecting a bigger virus. lol. Some sort of cannibalism?
Though it concerns me. The virus survived living with Boris for so long that it must be exceptionally resilient.

Lol @masterbaker and @dickpullar

@Obs - Thank you. I got confused. I will try to use the power of Google to see if there is any little info in the corner of the Internet regarding who bought Vila Nova, though I am not sure I'll find it if you can't :')

I think that update was for this. Another long read. I think AF has contested the decision for joint liability.

https://www.jusbrasil.com.br/diarios/324541305/trt-8-judiciario-29-10-2020-pg-289?ref=next_button

"
CONCLUSION

I partially admit the appeal.

The opposing party is subpoenaed, with the publication of this order in the DEJT Diário Eletrônico da Justiça do Trabalho, to countermand the review appeal, within the legal term. Once the formalities have been completed, the case should be sent electronically to the Superior Labor Court, pursuant to ATO No. 10/2010 TST-CSJT. Afterwards, return the records to the original Labor Court, in the form of art. 72, V, of the Auxiliary Services Regulation of the Egregious Regional Labor Court of the Eighth Region."

@Obs - Does your post on how much (in value) stock they have left indicate that they don't have 400kt?

And what do you think of the 10 million valuation there?

Thank you @Masterbaker. Very kind of you. :)

@Masterbaker - Apologies :)

https://www.jusbrasil.com.br/processos/65368883/processo-n-1088747-7520158260100-do-tjsp

SP);The parties are summoned to express their opinion about possible opposition to the virtual trial, under the terms of art. 1 of Resolution 549/2011, with the wording established by Resolution 772/2017, both from the Special Body of this Court.

@Summerfun - Quite the opposite. Our own @masterbaker is the one who writes Boris's speeches. Don't tell anyone outside this BB.

@maddog - What is that?

You are welcome @MLQ.

and thank you for your commentary as well. kept me entertained.