Member Info for degsie

Rolls-Royce expects to produce solely electric cars by 2040

But BOD has found great investments. I agree the dealings with BCN were puzzling.

is due later this month. I suggest emailing company Info@cadenceminerals.com to ask any questions you may have.

It bewilders me as to why the people who constantly post negative posts bother to post. If you have such a poor opinion of share sell up and move on. I am with Ivybush and think he will smiling all the way to the bank in the not too distant future.

I do not think KM would be making so many presentations if the BOD wanted selling price down. I agree the pessimism on this board is a major factor. Irelands last report was in May last year.KM said in webinar that he expecected brokers reports shortly, presumably after annual report issued.

addicknt. I believe that KDNC has disapointed shareholders bacause they were encouraged to expect too much too soon principally by DL. I think the value is there and KM is working very hard to realise that value. The role of DS does puzzle me - I know he is FD but that is hardly a full time job, perhaps he does a lot behind scenes. I have been to AGM's, met Kiran at investment shows and exchanged emails with him.I find him open, honest and a hardworker who earns his salary.He said in webinar that he thought BCN would raise funds before end of June and he was positive about EMH and very hopeful of other investments. The share price has suffered IMO from the many negative posters whose motives are bewildering. If you don't like a share you sell it and move on.

PS. Kiran advised Annual Report by end of May and AGM at end of June.

Well worth listening to Webinar, link at http://www.cadenceminerals.com/, especially last 10 minutes. Kiran reviews all the investments and suggests that the potential value of BCN and EMH is at least 1.5p per share. He talked about monetising the value of the JV with Hastings. He is asked about directors� remuneration and advises that this has been reduced by 30% and that he is investing about 30% of his net salary for 12 months. The other directors are investing the same amount. The directors� remuneration in 2016 accounts totalled �1.2m but �700k of that was a valuation of the incentive options granted during year and was not a cash payment. He is asked about the price of options- most of them at 2.18p- and he said target price was challenging, as it should be.

Interesting interview on Today - BBC radio 4- about 1hour 20 minutes into programme. Well worth a listen

Global demand for batteries to power cars is expected to rise from under $10bn to $60bn by 2030, according to Goldman Sachs. Japan�s Panasonic is the world�s largest producer and China is building more than half of the new battery factories, according to Simon Moores, head of Benchmark Mineral Intelligence, a research group that monitors the lithium ion battery market. Goldman Sachs expects Asia to continue to dominate the market �I hope that we will be having good news like this Northvolt announcement every quarter or half a year [from now on], because what we need is something between 10 to 20 gigafactories in Europe,� he said

https://thelithiumspot.com/2018/04/26/is-lithium-just-another-commodity/

https://www.cnbc.com/2018/04/24/eroadarlanda-built-a-road-that-charges-electric-vehicles-as-they-drive.html

The posters who were complaining about directors' remuneration have not commented on Kiran stating that all directors' salaries have been reduced by 30%, Kiran is working hard at "selling" KDNC and he and rest of board will be big winners if the SP increases to 2.18p by next February.

Bannor. I was careful not to say "thinks" but said "seems to think", I am not a lawyer.It was just the tone of his remarks. gfb258. I've heard this 4p before but I've never seen or heard KM confirm that. IMO any one of KDNC's investments could be worth considerably more than presemt market cap amd this is not from information provided by KDNC board but from information provided by other parties. .

A little more. Accounts by end of May, AGM Jun. KM expecting brokers' reports fairly soon.

I listened to webinar yesterday and found it all very positive. KM placed a value on JV with BCN of $30m and said talking to Hastings about JV and how to realise value. He thought financing for BCN would be agreed by end of June and that there was no concern about nationalisation of Cinovec. He suggested, I think , that San Luis could have value of $300m and that if independent report placing value of A$3.1 on MMS�s iron ore interest was correct this was worth A$185m to KDNC. Directors have reduced salaries by 30% because of recent poor share price and are investing 30% of net salaries for 12 months in LTIP. He said that option prices were challenging but seemed to think achievable.

I find this encouraging as shares being priced at 25% premium to market price although I do think they should have been issued after the publication of results that are due shortly and approved at AGM.

For KM and other directors to "win" the price is 2.18p by end of next Feb, no later.

https://mailchi.mp/bb0b6084f5f8/cadence-ceo-kiran-morzaria-to-present-at-a-forthcoming-sharetalk-london-investor-evening?e=74a315835e

was 80p in April 2017