Member Info for degsie

Bannor. Why are you a shareholdeer?

Bannor. RNS issued on June 23ed
The interests will be sold for A$9.0 million to be settled by the issue of fully paid ordinary shares in Hastings at a price to be determined based on 30 days VWAP before completion, which is set at six months from the date of signing of this agreement. The commercial terms are summarised below.

Nick. You have 200k shares. Why ?

Post on Reddit
https://www.reddit.com/r/CadenceMinerals/comments/vpr5w7/due_diligence_lsekdnc_cadence_minerals_asset/

term: £37.5-92m

Medium term: £160-420m

Longer term: £1-2B+

Totals
Asset Date Minimum/Fair Present Value Sale/NPV NPV Potential
Amapa 2022-07-02 £10-30m £30-170m £450-1,200m
Sonora 2022-07-02 £12-45m £105-181m £500-900m
HAS 2022-07-02 £5.1m £5.1-12.4m £20-40m
Evergreen 2022-07-02 £1.81-2.5m £5-10m £10-20m
EMH 2022-07-02 £6m £15-45m £50-100m
Passive 2021-12-31 £687k £1-2m £2-4m
Cash 2022-07-02 £2-3m £2-3m £2-3m
Total 2022-07-02 £37.5-92m £160-420m £1-2B+

Bannor. If you bought 10/11 years ago Lenigas was in charge and he over-hyped the prospects.
In my opinion the present BOD have made sound investments and KDNC is very under-valued.
The Interim report this month should have good news.

Confirmation from company that report will be issued before end of month.

Nick.
What is your interest in KDNC?
You only ever criticise the company and people who are positive posters.

https://www.reddit.com/r/CadenceMinerals
Well worth 5/10 miunutes. Sets out potential value

was issued in August in 2021 and 2020 so should recieive in next few days.

Obs. I do appreciate the regular updates that you and EVB post. I find it difficult to remember all the information. I did re-listen to KM's interview with Justin Waite - available on website - and that reminded me of the updates due shortly on Yangibana, Amapa and the deal with Evergreen.

Ian12. There was a presentation in July- see website and the AGM last week.

Mike. Did you go to AGM and ask lots of questions?

Zoom. Many thanks for your account of AGM - I had to miss unfortunately.
Mike. Same old tune ; you'd be happier if you sold but perhap you enjoy "never looking on the bright side" .

Mike. Pretty please.....................

HAS price down by 1% in OZ

Up 5% to 46p

Obs. Many thanks for the information you post. And a thank you to EVBull.

Bannor. I can't keep up with all the posts so I might have missed but "What is your realistic view of the value?"

Market cap is £17m at current price. Surely even the pessimists must accept that the value of the underlying assets is more than £17m perhaps only 50% but perhaps double or or triple or more

Bannor. What is the book value of Tesla?
Invrstors have to look to thr future - that can be good or bad.