Member Info for EV_Bull

The thing that’s overlooked is that law gives us + Ganfeng a virtual monopoly on Mexican lithium in private hands surely they’ve made our project more valuable by doing so. Market has proved it as being worth less than zero though.

Our holding in Evergreen has gone from £1.8m to £4.88m in a few days so quite a boost to KDNC assets even if the SP doesn't yet reflect it.
http://irservices.netbuilder.com/ir/cadence/newsArticle.php?ST=REM&id=311428232050528466

https://www.wsj.com/articles/net-zero-will-mean-a-mining-boom-electric-cars-minerals-oil-fossil-fuels-climate-change-policy-cb8d5137

California made a stunning decision last year—that by 2035 all new cars sold in the state must have at least 2½ times as much copper as conventional cars today. That’s not literally what the mandate said, of course, but it’s the practical effect of ordering all cars to be electric in the next 12 years. “Big Shovel” will compete with “Big Oil” as mining ramps up to supply the vast increase in a wide range of minerals that energy transition requires. But getting everything that will be needed will be tough.

The drive toward energy transition will increase demand for lithium, cobalt and other minerals many times over. An offshore wind project uses nine times the minerals of a natural-gas-fired power plant of the same generating capacity.

#KDNC - CEO Kiran Morzaria discusses Evergreen Lithium #EG1 successful ASX IPO, where its share price has rallied by 50%.
Cadence holds 8.74% of Evergreen and is the largest shareholder.
Evergreen's Byone Lithium Project adjacent to @CoreLithium mine
https://twitter.com/CadenceMinerals/status/1646522139288420355

https://www.reddit.com/r/CadenceMinerals/comments/12kmifl/the_vox_markets_podcast_kiran_morzaria_of_cadence/

https://www.fool.com.au/2023/04/11/evergreen-lithium-share-price-rockets-after-ipo-everything-you-need-to-know/

Could be sampling the ground where the plant will be built for some reason, perhaps to work out the foundations that will be needed etc.

I think they are the samples being taken Jimb2 as part of the geotechnical investigation.
No mention of la ventana so very interesting indeed to see what they are planning. Time to bring back the El Sauz Fleur scoping study? What was that NPV again at current lithium prices……

At AUD$0.30 I make it to be worth £2.54m to KDNC now (plus the future options)

A good start for Evergreen, hopefully some good drill results from them in the near future, even a quarter of Core's Market cap would be quite something for KDNC holders if they can define a similar resource.

The good thing is they need to heavily diversify from China in terms of supply and that will be from friendly countries with free trade agreements, e.g Mexico, Australia, Canada etc. The LTR bid shows what can happen for the right projects in the right jurisdictions.

Nice find, hopefully it curries some favour, they must still see a positive future for the project.

The world’s metals sector would be poised for a major demand boom under Musk’s scenario. A total of $502 billion of mining capital expenditure and $662 billion of spending on refining would be needed to produce the nickel, lithium, copper and other materials to be used in batteries and clean-energy equipment, Tesla forecasts.

https://uk.finance.yahoo.com/news/elon-musk-sees-4-trillion-041024565.html

Hopefully the end of year tax selling is replaced by new tax year buying tomorrow. EG1 looking set for liftoff all being well. Pretty much all junior resource companies are similarly down so just wait for the tide to turn as we have solid assets here.

Another hat in the ring
https://www.reuters.com/business/autos-transportation/mercedes-benz-is-able-willing-invest-capital-mining-ceo-2023-03-30/

You highlighted the important parts there @Jimb2 no point raising when the market doesn't value Amapa correctly, bring in equity funding at the Dev project level which values our 30% at substantially more than $30m and see if the market wakes up.

Tomorrow:
https://twitter.com/ukinvestormag/status/1636313202769244170

the holding pages aren't really relevant just look at the whois records and dns:
devmineracao.com is now with tucows.com until 2024-05-21T16:03:38Z not godaddy
domain devmineracao.com.br still with godaddy and is used for email (see MX records) owner:Raquel Dalseco (DEV) up for renewal soon.

Second part ANM audit

We received the auditors of the Agência Nacional de Mineração - ANM, for the execution of a second part of the audit, this time in person, in the Dam.

We had the opportunity to show the necessary and regularized procedures in the dam activities.

With this, the DEV Mineração is increasingly committed to its purpose, in addition to being regular according to the guidelines of the Supervisory Body, through an effective and safe PSB (Dam Safety Plan).

We received once again, this week, the ANM – National Mining Agency, to verify and monitor the processes that are being executed.

See this time focusing on our Suspension of Operation Plan.

This shows our concern with the processes, which also demonstrates all our commitment to comply with the regulations that have been requested, thus keeping our work always aligned with the standards.

In this way, we strengthen the relationship with the agency and show the fulfillment of our well-executed work in the mine.