Member Info for degsie

I had reply to my email and I do find that Kiran does reply sometimes immediately and sometimes a delay.

- Date of AGM - unfortunately given the amount of work on at the moment in Brazil which I am in involved in and the availability of Andrew and Adrian the 20th was the most suitable date.

Our assessment.
The Amapá mine could be company maker for Cadence in our
opinion. We are firmly of the belief that the current market cap is more than covered by
the legacy investments that Cadence holds in various new technology metal companies
and projects and that the addition of the Amapá stake to its portfolio can only be value
enhancing. We will update our fair value estimate after reviewing the development in
more detail.

RNS is on KDNC website .

https://www.cadenceminerals.com/

Good reason for directors investing £350K

Peter Secker yesterday . Approval and finance in next two weeks.

https://mobile.twitter.com/proactive_UK/status/1167039705541730306

I have emailed KM asking him to advise shareholders of the value of JVs and Greenland and the potential of other investments. I understand that there will be caveats but at the moment shatreholders are in dark.
I intend to be at AGM.

Possible buyer of Sonora JV???
Extract from report by Gafeng Lithium
The Company will also proactively advance the acquisition and development of the
Mexico lithium clay project Sonora in the second half of 2019. The Company
will continue to actively explore the possibility of acquiring further sources of
lithium by virtue of experience along the industry value chain and insights into
the market trends in order to enrich the core portfolio of high-quality lithium
resources and provide reliable high-quality supply of lithium resources for the
further enhancement of midstream and downstream operations.

Frankie.
It's an article that discusses the mounting interest in mining and mentioms China and US.
Nothing specific. Greenland Minerals largest shareholder is Chinese company. see link below

https://www.proactiveinvestors.com.au/ASX:GGG/Greenland-Minerals-Ltd/timeline/all

An article about the growing interest in the mining INDUSTRY in Greenland

An article about the growing interest in the mining interest in Greenland

Trading companies yes, investment companies no, I think.

Bannor.
Kiran has always said that developing a mine is risky but to date I do not think that KDNC has had a failure. There are regular updates from investee companies except for Greenland which is 100% KDNC. The value of Greenland Minerals that owns adjacent licenses has trebled this year.
I do agree that dealings with BCN are confusing and the explanation was not satisfactory.
I am placing faith in the buying at the end of June by directors especially £250K invested by Fairborne in a fund he manages. They must have been aware of proposed consolidation at that time.

Soyo
If you really believe your own post why don't you just sell out?

I do agree that most holders already have a substantial loss but I do not understand why you say it will halve again. I believe the BOD have to be pressed to inform shareholders of the potential in more than general terms and the directors investing does show that they believe.

There is a barrage of criticism from “shareholders” of the BOD and never a word of praise.The BOD all accepted a reduction in their salaries in 2017/18 of 20% and from the reduced salaries they each invested £1000pm - £48000 in total- into shares at the then current price. In December 2017 KM and DS bought 9.6m shares at a cost of £30000 and in June this year the directors invested £350000buying shares at 0.11p. That is a total of £428000 and I cannot believe that the BOD would invest that amount if they did not believe the shares would be a good investment.
I also think that KDNC has investments with great potential any one of which could be worth more than current market cap of KDNC. I have emailed KM asking him to advise shareholders of the value of JVs, Greenland etc.
I cannot think that the posters on here who delight in criticising KDNC and BOD are shareholders. Surely if one thinks an invesrment has no prospects one sells and moves on rather than waste time and energy on a lost cause. It seems to me that there is an orchestrated campaign to undermine KDNC as an investment.

Mr C. Always look on the bright side: Study finds that optimists live longer

The UK will need between 4 and 13 high volume lithium-ion factories by 2040 to meet expected demand for electric cars.

Comment in Annual Report about Greenland license

An extensive exploration programme was carried out on all of Cadence’s exploration licences in south Greenland
from June to August 2014. We will continue to review the cost / benefit analysis of this license on an annual basis,
and will monitor the progress that GGG makes over the coming year as it progresses the Kvanefjeld REE deposits.

Bannor. Thank you for links to reports . It looks promising butI do think shareholders need an up to date report.

Greenland Minerals has a Chineses company as its largest shareholder. Its share price recently trebled.
Extract from Annual Report.
During the year Cadence retained it exposure to 1 license in Greenland, of which it owns 100%. This licenses abuts
the northern and eastern boundaries of Greenland Minerals and Energy Limited’s ‘GGG’ licences that encompass the
world-class Kvanefjeld, Sørenson, Zone 3 and Steenstrupfjeld Rare Earth Element (REE) deposits.
An extensive exploration programme was carried out on all of Cadence’s exploration licences in south Greenland
from June to August 2014. We will continue to review the cost / benefit analysis of this license on an annual basis,
and will monitor the progress that GGG makes over the coming year as it progresses the Kvanefjeld REE deposits.