Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) announces the award of 7,200,000 share options ("Share Options"). Each Share Option is exercisable over one ordinary share in the capital of the Company ("the "Ordinary Shares"). The Share Options are exercisable at a price of 29 pence per share being a 22% premium to the closing price of the Ordinary Shares on 29 April 2021 of 23.75 pence. These options will vest immediately and will expire on 30 April 2026.
BOD hold 2.7m shares plus option above
Obs and DD . I have followed your exchange this morning. My view is that the current value should be higher - Irelands figure of 44p is a good guide--but a much higher value -165p - does depend on progress at Amapa and news from JVS and/or Litchfirld.
One should value the potential. Look at many unicorns -high valuations but nio current earnings -Tesla was one for some years.
My worst investment decision was selling ASOS after tripling my money . I sold at about 60p subsequent high was £70+. I don't think KDNC is another ASOS but who knows???
It's all about risk/reward. If we wanted safety we'd invest in a fund.
I have been reflecting on KDNC as an investment and I think all posters to LSE can agree that the share price is very disappointing. My investment dates back to the flotation of Zest as I knew one of the founders. The history of the early days is irrelevant now but I think the involvement of David Lenigas was a turning point that ultimately proved to be disaster. He made predictions about the value that were fantasies and built shareholders expectations into the same fantasies.
I think the present BOD has made a splendid recovery although no doubt mistakes have been made; the dealings with Bacanora puzzled me, but KDNC now has some excellent investments with Amapa the jewel in the crown.The potential in JVs, given the present price of lithium, is large and the investment in Litchfield could be another winner.
The values placed on KDNC by W H Ireland of 44p with potential of 165p are in my opinion very realistic.
The postings to this board have become childish and certainly do not help share price. Let us stop the “yah-booing” and be constructive.
I believe A J Bell is second largest broker in UK.
Cadence Minerals (KDNC) is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.
Well worth another listen.
https://ukinvestormagazine.co.uk/cadence-minerals-investor-presentation-february-2022/
After listening to presentation made by KM in February again I understand why funds for 7% were raised now and I am reassured that the needed licenses will be granted speedily, Listen to presentation from 16 minutes.
The presentation does explain why the capital for extra 7% was raised when it was and KM also explains why the key licenses will be granted without delay - have been granted before and Amapa is important for employment abd tax revenues.
Mike. Make sure you attend Master nvestment Show on March 19th either in person or online.
https://masterinvestorshow-2022.reg.buzz/add-tickets