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SOYO. I think you should put KDNC behind you now. You obviously do not think there will be value as you say "I doubt we will. I am being realistic not negative."
Have you actually read the Ireland report? The current share price is substantially underwritten by quoted investments and the potential value of Amapa is discounted for risk. I have spoken to researcher at WHI and whilst he does not tell me anything confidential he is reassuring.
I am bewildered that the constant moaners apparently do not realise that there constant negativity is the reason the share price is so low. I find it difficult to believe that they are shareholders but also find it difficult to believe that they are shorters as that will be very wrong one day -any day.
“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.” email from KM
I have discussed this in my last interview, in essence the company’s position is the same as announced in our accounts that the licenses are still valid if there are any material changes to this position that are Price Sensitive we will of course announce. KM email today
December 30th Corporate update
January 3rd Completion of PFS on Amapa
January 6th Directors Share Purchases
January 25th Completion of Sale of Yangibana JV Interest
January 26th Listing of Evergreen Lithium on the ASX
January 30th EMH Announcement of Just Transition Fund
February 6th HAS announce increase of 25% in ore reserves
WHI view: Our assessment is that the Amapá mine could be company-maker for
Cadence. 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 valueenhancing. In our opinion, the development of Amapá will be transformational for
Cadence and we see fair value at 71p/sh with plenty of upside potential