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Galan, Lepidico leap as life tentatively returns to the battered lithium sector
https://stockhead.com.au/resources/tech-metals-galan-lepidico-leap-as-life-tentatively-returns-to-the-battered-lithium-sector/?utm_medium=email&utm_campaign=Lunchtime%20ASX%20small%20cap%20wrap%20Monday%20January%2020&utm_content=Lunchtime%20ASX%20small%20cap%20wrap%20Monday%20January%2020+CID_be86521d9d3d84ca06aca21b87d59518&utm_source=Campaign%20Monitor&utm_term=Tech%20Metals%20Galan%20Lepidico%20leap%20as%20life%20tentatively%20returns%20to%20the%20battered%20lithium%20sector

https://www.bbc.co.uk/news/uk-england-nottinghamshire-51140689
The government is putting £3.4m towards fitting five charging plates outside the city's railway station.The six-month pilot project will see 10 electric taxis fitted with the necessary hardware and the scheme could be rolled out if successful.fficials said electric vehicles were "vital" to improving city air quality and making charging convenient was key.he Department for Transport said wireless charging was more convenient and avoided the clutter of cable charging points.

https://www.proactiveinvestors.co.uk/companies/news/910868/macarthur-minerals-drills-101-metre-magnetite-intersection-at-lake-giles-910868.html

Lithium producers rallied on Tuesday as investors bet on a rebound in electric car sales in China after the government gave assurances that its subsidies for buyers would not be cut any further.
Shares in Chinese lithium producer Ganfeng Lithium, which supplies Tesla, rose by 8 per cent in Hong Kong on Tuesday, while Tianqi Lithium added 9 per cent in Shenzhen.
The stock of Chilean lithium producer SQM also rose by about 9 per cent in New York on Monday. Shares in the company are now up 15 per cent so far this year.
The gains indicate investors are turning more optimistic on the supply chain for electric cars after a difficult 2019 that saw lithium carbonate prices fall more than 30 per cent due to rapid growth in production and a cut in subsidies in China.

Lithium producers rallied on Tuesday as investors bet on a rebound in electric car sales in China after the government gave assurances that its subsidies for buyers would not be cut any further.
Shares in Chinese lithium producer Ganfeng Lithium, which supplies Tesla, rose by 8 per cent in Hong Kong on Tuesday, while Tianqi Lithium added 9 per cent in Shenzhen.
The stock of Chilean lithium producer SQM also rose by about 9 per cent in New York on Monday. Shares in the company are now up 15 per cent so far this year.The gains indicate investors are turning more optimistic on the supply chain for electric cars after a difficult 2019 that saw lithium carbonate prices fall more than 30 per cent due to rapid growth in production and a cut in subsidies in China.

Frankie. I agree with Barsky. I received email from KM informing me that the railway concessions re Amapa had been secured and KDNC is finalising agreement with banks.

That article is dated 26th February 2018,
FT today "Lithium producers rally on China EV hopes.".

https://www.business-live.co.uk/manufacturing/midlands-manufacturer-lands-contract-could-17547737?utm_source=businesslive_newsletter&utm_medium=email&utm_content=BL_WestMidlands_smallteaser_Text_Story3&utm_campaign=west_midlands_newsletter

https://seekingalpha.com/article/4315728-lithium-is-set-to-soar-2025-price-forecast?utm_medium=email&utm_source=seeking_alpha

https://seekingalpha.com/article/4315728-lithium-is-set-to-soar-2025-price-forecast?utm_medium=email&utm_source=seeking_alpha

https://uk.reuters.com/article/us-tech-ces-sk-innovation/sk-innovation-plans-battery-plant-expansions-in-u-s-hungary-idUKKBN1Z82QB

2020 EXPLORATION PROGRAMME COMMENCES AT SAINTS
https://investi.com.au/api/announcements/aou/8ab49a9d-121.pdf

In its report Ireland placed an unrisked value of Yangibana JV at £12m and risked at 90% the value is £1.2m and placed an unrisked value of £21.5m on Sonora and risked at 80% £4.3m. Total risked value £5.5m. The market cap of KDNC is £7m.I do not think Ireland- the company broker- would have valued JVs without talking to BOD.

Obs. I agree the downside very limited, upside substanial. I was at AGM; directors very optimistic ; they had invested £350k at 11p. Lithium market had a difficult 2019 but forecasts for 2020 are very positive. A straw in wind; LA is considering forcing ride shareing services such as Uber and Lyft to use EVs

25000 at 6.5 is a buy. Irelands fully risked target price is 44p

Well worth watching -again

https://www.youtube.com/watch?v=HVUnknlPxPM&feature=youtu.be

UPS has more than 10000 alternative fuel and electric vehicles and Amazon has promised to add 100000 electric vehicles to its fleet.

I did speak to analyst at Ireland's and found the conversation reassurung. If KDNC was dependent on Amapa I'd be less confident but there is 19% of EMH, 7% of MMS , 2 JVS which Ireland values unrisked at £33m reduced to £5m in its report and other investments that have produced good news.
I am surprised at the number of posters who claim to be shareholders who can only criticise company and BOD.

Reasons to be bullish.
Directors spent £350k buying shares at 11p in June
Irelands issued an update in September placing a target risked price of 44p per share and an unconstrained risk value of 165p.
Link below is from KDNC website. Well worth lisiening to VOX markets podcast by Alan Green -starts at about 20 minutes. He enthuses about Amapa.
https://twitter.com/@CadenceMinerals
Regular updates from MMS, Auroch etc which are positive.
The big inknown to me is value of JVs.

Link below is from KDNC website. Well worth lisiening to Alan Green -starts at about 20 minutes. He enthuses about Amapa.
https://twitter.com/@CadenceMinerals