Member Info for EV_Bull

Sorry yes unrelated I have found it now:
https://www.tydenikhrot.cz/clanek/daniel-benes-cez-baterie-gigafactory-lithium

I think you are too new to post links:
I guess it was what EMH just tweeted:
https://twitter.com/CzechLithium/status/1399690996594581505
https://t.co/SfUtVBO5QN?amp=1

Be grateful for what has been shared on here by myself and several others :-)
@reds_utd clearly is https://twitter.com/reds_utd
I hope all of the kdnc holders are rewarded in the next few days / weeks as this all comes together. Good luck all of you and buckle your seatbelts.

I think it might disappear if shared so i'm not going to.

Schedule update... the dates have been shifted:
TRAMONTANA not leaving until the 3rd now so looks to be taking longer than expected Marlin V is still straight after.
Our Pier 2 ship also now showing the 7th June, so possible that it is still going ahead (as it hasn't been removed).

Pier 1
TRAMONTANA 28/05/2021 SPC
MARLIN V 03/06/2021 IRON ORE
ULTIMAX 07/06/2021 WOODCHIPS
FORESTAL GAIA 13/06/2021 WOODCHIPS
BERGE GALDHOPIGGEN 19/06/2021 SOYA
UNAMGEN 23/06/2021 IRON ORE
DEV 27/06/2021 IRON ORE
DEV 01/07/2021 IRON ORE
DEV 09/07/2021 IRON ORE
DEV 02/08/2021 IRON ORE
DEV 12/08/2021 IRON ORE

Pier 2
DEV 07/06/2021 IRON ORE
DEV 18/06/2021 IRON ORE
DEV 15/07/2021 IRON ORE

Unless of course it's already waiting but not updated at the port yet.
e.g:
https://www.marinetraffic.com/en/ais/details/ships/shipid:714265/mmsi:538005156/imo:9679385/vessel:HTC_DELTA

MV is up next 1st Jun (tomorrow)
U is in on 5th June
Both Pier 1

Pier 1 Line-up
TRAMONTANA 28/05/2021 SPC
MARLIN V 01/06/2021 IRON ORE
ULTIMAX 05/06/2021 WOODCHIPS
FORESTAL GAIA 12/06/2021 WOODCHIPS
BERGE GALDHOPIGGEN 18/06/2021SOYA
UNAMGEN 22/06/2021 IRON ORE
DEV 26/06/2021 IRON ORE
DEV 30/06/2021 IRON ORE

Pier 2
DEV 05/06/2021 IRON ORE
DEV 15/06/2021 IRON ORE

I suspect if pier 2 on the 5th was going ahead we'd have a name by now.

Something else i've been pondering.
If 100p is fair value on completion / 27% deal and say 10-15p is the price in the event of it not completing (value of other assets). So say 90p of the SP at 100p is Amapa
30p would imply that the market consensus is 90/20 which is only 22% chance of deal completion being priced in. Then if you think that the chance of the deal closing is way above 22% this should be a "Strong Buy" at the current price and even a 50% chance should mean we are at 55p.
If you agree with the above stated numbers you may only conclude that this a massive inneficiency in the market and a great risk/reward opportunity, or the post deal price is not going to be as high as 100p. It will be very interesting to see the results but of course one cannot know the true probability even after the outcome is know (alternative versions of history).

@Mmm I think the all aligned is based on the amendment in the agreement with the banks as mentioned in the court decision posted recently.

Perhaps the banks will sign (or have already signed) now all of their their appeals are rejected.

The "Summary" is as follows:

Embargoes for declaration of omissions in judgment on appeal. Request for pre-questioning federal issues. In the absence of any defects to be remedied, declarations that embody a purely infringing request are not applicable. "The simple discontent of the party with the judgment does not have the power to make the embargoes of declaration applicable, which serve to improve the decision, but not to its modification, which is only very exceptionally admitted" (STJ, EDcl in AgRg in REsp 1,490 .961, HERMAN BENJAMIN). Pre-questioning. There is no need, according to the jurisprudence of the Pretorio Excelso (formed at the time of CPC / 73, but still today to apply, mainly due to the provisions of article 1.025 of the current CPC), of express pre-questioning of federal issues, mentioning article by article by its numerical identification. Enough, for knowledge of a special or extraordinary resource, the implicit prequestioning (STF, RT 703/226). Embargoes rejected.

(TJ-SP - EMBDECCV: 21994802720208260000 SP 2199480-27.2020.8.26.0000, Rapporteur: Cesar Ciampolini, Judgment Date: 05/28/2021, 1st Chamber Reserved for Corporate Law, Publication Date: 05/28/2021)

Good spot Obs,
I believe this is the "motion for clarification" that was filed after the decision to allow the $10m shipment from stockpile.
The banks have been told to "do one" yet again, there is no way they can stop the JRP from happening, no matter how much they don't like it.

"Fiduciary guarantee [of the banks] cannot hinder the continuation of the recovering company's business, especially to the point of hindering its uplift." ...
"Decision maintained. Appeal devoid."

It’s really arbitrary as to how many shares but 1000 makes it easier to divvy up as suggested.

The question I am most interested in is the following:
Say we get news the deal is done and you’re prediction is £1 per share, will you be looking to buy more if the SP is only 50p or 60p a share post news.

I personally think it’s still a strong buy at current prices given the “circumstantial evidence” hence have been adding more at 28p. Concrete evidence e.g via company records or court judgement and I would be tempted to go all in at this price (pre RNS). Obviously once it’s on a plate via RNS there will not be any shares to buy at this price. This could be 7am Tuesday though of course.

@tomcat, yes, not sure how true / up to date these sites are but presumably that may change soon and the £1m raised selling EMH last week coincides with the activity mentioned, hence mentioning purchasing the records to be sure of the particulars. Got to be close now hasn't it. Tuesday morning RNS to update us?

@maddog thanks, gl to us all! It was mainly to correct Mr -ve.

The share capital is in the PBA entity based in singapore this is what has now been registered in Brazil as of 25th (foreign entity). It's possible / tempting to purchase access to the records in singapore as they are not available for free to the public.

https://recordowl.com/company/pedra-branca-alliance-pte-ltd
Unique Entity Number (UEN) 201905520R
https://www.tis.bizfile.gov.sg/ngbtisinternet/faces/oracle/webcenter/portalapp/pages/TransactionMain.jspx?selectedETransId=dirSearch

Given that we are making just over $3.3m per ship and around 30 ships for the main stockpile that’s around $100m profit there but maybe more if we can ship from our own port. Obviously other stockpiles would need the railway back in action but there could be more than we know about.

Maddog and mrc the JV company registration in Brazil (PBA) is a fact you can verify yourself via the official cnpj website so not sure why you say it as isn’t true or you need an RNS to prove it.

The fact of Ship #4 Marlin V being for Dev and scheduled for 1st of June is also a fact that can be seen on the ports shipping website why do you need an RNS to tell you this?

We already have the right to take 27% so no point thinking about 20% in any valuations. Given the $660m impaired value you’d have to say a minimum fair value of 90p per share or more (much more when back producing). Given that we don’t seem to get fair value reflected perhaps 75p is a realistic target in the short term and hopefully a lot more in due course.
Do your own research of course! Some of the answers to basic questions getting asked are easily available online (and answered many times on here).

Pedra Branca = White Stone (your google translate is kicking in)

The Agreement with Indo Sino is to invest in and acquire up to a 27% of a joint venture company Pedra Branca Alliance Pte. Ltd. (“JV Co”). On approval of the Judicial Review Process (“JRP”) and the transfer of equity of Amapá to the JV Co the JV Co will own 99.9% of the Amapá Project. Should Indo Sino seek further investors or an investment in the JV Co the agreement also provides Cadence with a first right of refusal to increase its stake to 49% in the JV Co.

https://www.cadenceminerals.com/projects/amapa-iron/

ICYMI: "Registration of our holding company in Brazil three days ago"

I am fully loaded now, just like Medi Zuoz tomcat, links away. Tuesday might be interesting.