Member Info for degsie

On KDNC website

Worth looking at page 4

https://www.cadenceminerals.com/wp-content/uploads/2023/11/Cadence_PPT_V.1_2023_11.pdf

The supply of “critical minerals” is a crucial piece of the energy transition. If countries are to achieve the goals set out in the COP28 agreement, this means a big increase in demand for a range of metals: copper for hugely expanded elec tric grids; rare earth metals for magnets in wind turbines; and lithium for elec tric car batteries. Anyone viewing these minerals as a one-way bet, however, may have been badly burnt this year. Lithium is a case in point. The price of lithium carbonate used in EV batteries rose 15-fold in the two years to last November. It has since fallen by 84 per cent, as supply has outpaced demand from electric car produ cers. Yet the long-term growth of the lithium market looks unstoppable. Unlike cobalt and nickel, lithium cannot be “engineered out” of the lithium-ion batter ies that power the EV sector. And while recent developments in alternative sodium-ion battery technology have sparked excitement, few in the industry contest that lithium batteries will be central to the future of road transport. The IEA predicts lithium demand in 2040 will be 13 times that of 2020 in a lower-growth scenario — and 42 times in a scenario where the energy trans ition proceeds more rapidly. Bargain hunters looking at the critical minerals sector will note that Chile’s SQM and US rival Albemarle, the world’s two biggest lithium miners, have both lost roughly a quarter of their market capitalisation this year amid the metal’s price fall.

Hastings up 10.3% in OZ.

30p next year and 50p 2025.

In my opinion KDNC is still suffering from the overhyping by David Lenigas- I know he resigned 8 years ago.

I think Kiran has worked very hard and shown his faith by investing himself – last time in October at 7.4p per share.

I think KDNC is very undervalued – certainly a ten bagger.

Reminder . KM purchased 100806 shares @ 7.4p on October 30th

Https://www.edisongroup.com/research/real-progress-real-value/32853/

Cadence Minerals remains fundamentally mispriced in our view, with the market not fully recognising the value of its unlisted assets. Cadence has recently announced progress in advancing its major non-public asset, the Amapá iron ore project in Brazil. This includes a memorandum of understanding (MOU) with Chinese firm Sinoma to potentially provide both a definitive feasibility study (DFS) and fixed-price engineering, procurement and construction (EPC) contract for the mine restart. The implied value of Cadence’s non-public assets is 3.4p/share at current prices, while in our view an appropriate value for Amapá alone is 23.9p/share.

The purchase of 100806 shares at a price of 7.4p on October 30th by KM showed his confidence.

Exxon­Mobil plans to begin pro­du­cing lith­ium in 2027 in a major stra­tegic pivot, as the biggest west­ern oil pro­du­cer bets it can use its expert­ise in drilling and pro­cessing to become a lead­ing player in the bat­tery metal.

£25000 purchase.

Https://www.voxmarkets.co.uk/articles/which-company-is-the-next-takeover-target--5d59f57/

Cadence Minerals’ joint venture company Pedra Branca Alliance (PBA) and DEV

Mineração have entered into a memorandum of understanding with Sinoma

Tianjin Cement Industry Design & Research Institute to develop PBA’s Amapá

Iron Ore Project in Brazil jointly. Under the MOU, Sinoma Tianjin will provide

a proposal to complete a definitive feasibility study for the project and, upon

completion, will submit a fixed-price engineering, procurement and construction

contract. Sinoma Tianjin will also use its best efforts to secure the necessary

financing and is in discussions with SinoSure and China Development Bank

https://www.kemenycapital.com/wp-content/uploads/2023/11/Kemeny-Capital-AIM-Highlights-3-11-23.pdf

All listed on this webpage and on company's website

The directors have been buying shares since 2015 - no sales- and in June 2019 a fund managed by Adrian Fairbourne invested £250K

Https://zakstraderscafe.com/rns-hotlist-october-31-acuity-cadence-first-class-metals-great-southern-iamfire-pensana-rosslyn-sovereign-metals-up-global/7981

Cadence (KDNC), the mining investment company, announced that on the 30 October 2023 the following director purchased ordinary shares in the Company. Kiran Morzaria, Director & CEO, 100,806 at 7.4p.

Comment: There are few things better than directors leading from the front as far as share buying, and today’s announcement at KDNC, after the sharp rise for the shares yesterday should keep the momentum going up to 10p and beyond.

Chan¬ging the elec¬tro¬lyte on its own would not neces¬sar¬ily res¬ult in a stepchange in bat¬tery per¬form¬ance. The real excite¬ment hinges on a tech¬no¬lo¬gical devel¬op¬ment that it would enable: lith¬ium metal anodes. Repla¬cing the graph¬ite that is used in cur¬rent anodes would help double the bat¬tery’s range, in part because it would be lighter.

Toyota’s engin¬eers have also claimed advances here. The group is now increas¬ingly con¬fid¬ent that it can stack the cells at the same rate as cur¬rent lith¬ium-ion bat¬ter¬ies. Yet other tech¬nical hurdles need to be cleared to achieve full-scale mass pro¬duc¬tion. “We still need a break¬through in terms of ensur¬ing the volume and qual¬ity of the bat-tery mater¬i¬als,” one of its engin¬eers said dur¬ing a plant tour last month.

Akitoshi Hay¬ashi, a pro¬fessor at Osaka Met¬ro¬pol¬itan Uni¬versity, says it will be “extremely chal¬len¬ging” to masspro¬duce solid-state bat¬ter-ies to the same qual¬ity as cur¬rent lith¬ium-ion bat¬ter¬ies, but if achieved, the tech¬no¬logy will be “glob¬ally unbeat¬able”. He adds: “Solid-state bat¬ter¬ies will be key to the revival of Japan¬ese car¬makers, who are behind in EV strategy, and for Japan.”

Akitoshi Hay¬ashi, a pro¬fessor at Osaka Met¬ro¬pol¬itan Uni¬versity, says it will be “extremely chal¬len¬ging” to masspro¬duce solid-state bat¬ter-ies to the same qual¬ity as cur¬rent lith¬ium-ion bat¬ter¬ies, but if achieved, the tech¬no¬logy will be “glob¬ally unbeat¬able”. He adds: “Solid-state bat¬ter¬ies will be key to the revival of Japan¬ese car¬makers, who are behind in EV strategy, and for Japan.”

Eco¬nom¬ies of scale will help reduce costs. But the per¬form¬ance and cost of cur¬rent lith¬ium-ion bat¬ter¬ies are also improv¬ing con¬stantly, as other tech¬no¬lo¬gies such as sil¬icon anodes make advances. Solid-state bat¬ter¬ies’ extreme sens¬it¬iv¬ity to mois¬ture and oxy¬gen could keep man¬u¬fac¬tur¬ing costs high, while their com¬plex¬ity could require expens¬ive redesigns of EVs.

Bannor . Your post at 8.14 yesterday, obviously you think KDNC a strong buy

I probably even consider & vote for a hostile offer at 25p come to think about it ....

More from FT

Albemarle’s $4.2bn takeover of lith¬ium developer Lion¬town Resources has col¬lapsed after Aus¬tralia’s richest per¬son Gina Rine-hart acquired a big enough stake in the busi¬ness to block the deal. US miner Albemarle, the world’s largest lith¬ium producer abandoned the deal, citing ”growing complexities”. The failure of the deal highlights the growing battle for Australian lithium assets

Aus­tralia’s ‘iron lady’ Rine­hart makes a big bet on lith­ium.

KDNC very vulnerable to bid.

Market cap now £9.5m .

Build­ing the elec­tric vehicles, wind tur­bines and solar pan­els needed to meet cli­mate goals means the global demand for crit­ical raw mater­i­als, includ­ing lith­ium, cop­per, cobalt and nickel, will more than double by 2030. The Inter­na­tional Energy Agency has found that cur­rent min­ing plans are insuf­fi­cient for the global 2050 net zero tar­get. Geo­pol­it­ical ten­sions with China — which dom­in­ates crit­ical min­eral sup­ply chains — and the high geo­graphic con­cen­tra­tion of land reserves means diversity of sup­ply mat­ters.