Member Info for degsie

From what Kiran said at AGM it won't be made available on website.
You can subscribe to Research Tree for £8 per month.
https://*********************

I suggest you email Kiran.

Frankie. Oops, yes 44p and 165p
The report has been published ; all 28 pages.
I do not know why it is available on Research Tree and not on KDNC website.
Ask Kiran where shareholders can find it or whether he can make itavailable.

Extract from report 1.65p per share
In the short term the focus will be on Amapá and Cinovec, where the Cadence
investment partners are on a clear path to demonstrating the economic viability of
the projects. Taking but one example – if we unconstrained our risk rating for
Amapá and Cinovec our fair value for Cadence would rise from 0.44p/sh to
1.65p/sh.

I subscribe to Research Tree and the full 28 page report is available but I am not allowed to share. Worth asking KDNC if it can made available to shareholders.

Report issued.
Amapá – transformational and a potential company maker.
Following the addition of this transformation project to its portfolio, we reinitiate on Cadence and see fair value at 44p/sh.

I enquired abour report and was advised it "was going through compliance".
Nothing easy in this modern world.

My take on AGM. About 25 shareholders and all 4 directors. Before formal AGM KM briefed us about Amapa. All directors were positive and enthusiastic. KDNC has deposited $2.5m in an escrow account to be released when certain conditions are met and that gave KDNC 20% of venture. When further targets had been met KDNC to acquire further 7$ for $3.5m this to be raised by debt but any shortfall by placing. The Bod is in discussions with strategic and institutional investors and those discussions were subject to share consolidation. I repeat that all of BOD were enthusiastic about Amapa. There were very positive comments about MMS and its deal with Glencore. MMS intended to move to ASX as TSX was not appropriate for Australian business. EMH had a deal with Czech utility company that was subject to due diligence. As Kiran is a director of EMH he was unable to comment on negotiations but he seemed positive. Although the investment in BCN is now modest the deal with Ganfeng should increase its value and KDNC still has JV. BoD said that it would be reluctant to see more dilution as they had invested £350K in June. I agree with Ivybush’s comments on Amapa Only negative was that Greenland license was likely to be allowed to lapse as it would cost £300k to renew. W H Ireland report to be published tomorrow but not available on KDNC website. Formal business of AGM took about 15 minutes and then directors stayed to talk to shareholders.

I have tried to post my take of AGM but no luck. I'll try again in morning. I found AGM very positive,

I am heartened by the buying by directors of shares to the value of £350k at end of June. There has been good news from Amapa and positive updates from MMS and Auroch. The BCN deal with Ganfeng should confirmed shortly and EMH is waiting for the deal with CEZ to be agreed.
It would be helpful to shareholders if BOD would advise shareholders of the value of JVs and Greenland.

I have emailed asking that shareholders be advised of funding requirements and whether funds will be raised by borrowing, issue of shares or sale of investment. I did say issue of shares would be unpopular with existing shareholders.

Despite the current lithium market environment, Chile’s SQM forecasts solid demand for lithium in the coming years.
https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/sqm-remains-optimistic-long-term-lithium-fundamentals/?mqsc=E4085637

Obs. Your research is impressive . I don't know where you find all information.
Your conclusion that NPV is £100m conservative to £250m optimistic compares with mine of £100m to £200m - my post Sept 2nd. Let us hope that great minds ..................

More carmakers are unveiling electric offerings, as Moody’s predict demand for battery metals could increase dramatically thanks to EVs.
https://investingnews.com/daily/resource-investing/battery-metals-investing/cobalt-investing/carmakers-pile-into-evs-porsche-unveils-electric-powered-supercar/?mqsc=E4085070

Obs. If you are AGM you can ask BOD; if you can't be there tell me what your questions are and I'll ask.

Obs. I agree this is much better; the benefit of $49m is assigned to NewCo.

I believe that the asset value of KDNC is substantially above market cap.
We have been advised of the potential of Amapa and we can make our own decision as the chances of its successful conclusion. Information about EMH, MMS, CLY-now SG1- is available and we can make our own assessment of the values.
I have emailed KM asking him to advise shareholders of the values of the JVs and Greenland or to make information available that will enable shareholders to value. I shall also ask at AGM.
If you have any questions for AGM I suggest you send them in and share on here.

I recommend listening to interview in link in observers post below.

t-smith. Agree, agree, agree.

It states on Greenland government website "active license". MEL 2013-20.