Member Info for degsie

Comment from presentation made by KM at beginning of March,

*In 2021 the Mexican senate elevated lithium deposits to the category of “strategic minerals”, declaring the exploration, exploitation, and use of lithium to be the exclusive right of the state. It is our current view
that the Decree passed by the senate only impacts licenses, concessions or contracts to be granted not already those already granted as is the case for the Sonora Lithium Project. Therefore, at this point we do
not believe there is a material impact to our joint venture areas.

107 posts in last 30 days; all about KDNC , all negative . Are you really a shareholder?

Bannor. As a shareholder and well informed what do you think the potential return is ?

Cadence Minerals (KDNC) provided an update on the progress of three of its investments. The company said its current public and private investments have continued to perform delivering a unrealised return of approximately 172% and our listed investments have delivered a total return (realised and unrealised) of 328%. The company said its confidence in Amapa continues to grow thanks to a potential further increase in the overall iron ore resource, improvements to the port and prospects for restarting iron ore shipments in the coming months.

Comment: Given all the progress KDNC has made over the past year, especially in terms of its return on its investments, it seems rather harsh that the share price is less than half of what it was at the beginning of 2022.

EV_B. Interesting and encouraging. Please could you advise where you found information?

KM purchased share at 11p on Jan 6th,

Downside 5p/ Upside 30p+
A good bet.

https://www.cadenceminerals.com/wp-content/uploads/2023/03/Cadence_PPT_V.1_2022_03.pdf

Posting on Hot Copper https://hotcopper.com.au/asx/des/
IPO - Evergreen Lithium Limited - 10 March 2023 #

The current market cap of KDNC is £22m; the value of the quoted investments is £18m ( HAS £11m . EMH £5m, Evergreen £2m, odds and sods £3k), Amapa & Sonora ????

EMH up, HAS up , Evergreen on Friday.
Why are people selling??

Email from KM
Ganfeng (by which I mean Gangfeng Lithium Ltd) has not disposed of its indirect holdings in Bacanora Minerals Ltd (Canada), which holds Mexalit and Meglait.

Up 8.75% in Oz

Kiran Morzaria and Donald Strang have participated in the placing for 45,454,545 ordinary shares each. Exception Capital, a fund managed by Adrian Fairbourne (a Non-Executive Director of the Company), has participated in the Placing for 227,272,727 ordinary shares. The subscription price was 0.11p -after consolidation 11p

Thank you.

Can anybody recall when Adrian Fairbourn's "Family Fund " invested £375K -I think that was the amount - in buying shares???

Director's purchase of 108000 shares at a cost of £150k

VOX Markets podcast today

https://www.**********.co.uk/articles/3-companies-rising-on-good-news-for-wednesday-1st-march-2023-6e41688

now available on KDNC website.

https://www.kemenycapital.com/wp-content/uploads/2023/02/Kemeny-Capital-Cadence-Minerals-KDNC-February-23.pdf

Sum of the parts 75.35p , Fair value 43.6p