Member Info for EV_Bull

Certainly several positive developments to look forward too, any one of which could be re-rating us a lot higher.

@Jimb2 good find, certainly my understanding is our concessions are for Lithium and are 100% valid. Ganfeng clearly happy or wouldn't have bought the 100% of BCN recently and from previous statements:

The signs are all there for those willing to look.....

Ganfeng breaks it's silence in Mexico quoted as saying "We are going to continue in Sonora because the laws of Mexico allow lithium to be exploited"
https://www.reddit.com/r/CadenceMinerals/comments/tgyvn2/ganfeng_we_are_going_to_continue_in_sonora/

Exclusive: Ganfeng eyes US OEMs for “strategic” stake in Mexican lithium project | Benchmark Mineral Intelligence
https://www.reddit.com/r/CadenceMinerals/comments/tz8dyd/exclusive_ganfeng_eyes_us_oems_for_strategic/

Ganfeng Annual Report Presentation - Sonora Phase 1 plan massively increased to 50kt/yr Lithium Hydroxide
https://www.reddit.com/r/CadenceMinerals/comments/tswuyl/ganfeng_annual_report_presentation_sonora_phase_1/

Ganfeng expansion plans: an additional 500 hectares of land acquired at the eastern end of the plant site location to allow for future plant expansions.
https://www.reddit.com/r/CadenceMinerals/comments/qtpwkw/bcn_rns_sonora_project_update_ganfeng_expansion/

Mexico could become a key battery hub for North American market, according to Ganfeng.
https://www.reddit.com/r/CadenceMinerals/comments/u0sm4p/henry_sanderson_benchmark_mineral_intelligence_on/

Good to see EMH finally getting a bid, lithium prices being what they are it never made any sense below 40p.

EMH is flying now up 42% over a few days and we haven’t moved yet, big arb opportunity opening up.

Yeah and a big arb opportunity with KDNC which holds 15m EMH shares and hasn’t moved yet considering EMH is up 42%.

One for you Jimb2 https://www.youtube.com/watch?v=w8AESpbopiY #BYDBlade

"At the Amapa iron ore project in Brazil, Cadence is prioritizing its Prefeasibility Study (PFS) with all significant contractors on site last month. Cadence expects firstly to publish a maiden reserve followed by the PFS. In addition, a heavy focus has been applied to the relevant environmental permitting, compliance with Brazilian legislation in relation to its Tailing Storage Facilities and implementing the policies, structures and controls required for a new developing company. Cadence is leaving nothing to chance in our opinion and applying solid principles to redeveloping the Amapa project."

@Obs the latest from WHI is 27 June 2022

WHI View: After the recent sale of its stake in some licences at Yangibana REE project to the operator Hastings Technologies (23.06.2022) Cadence continues to simplify its business. Today’s news (Evergreen deal) turns an equity stake in a business which needed funding to one where funding should be available via a listing, and crucially it maintains an important stake in Australia’s booming spodumene lithium pegmatite sector. With news flow expected from Amapa shortly on development scale, economics and timing, Cadence is beginning to take control of its own destiny.

VW PowerCo buying in?
Volkswagen announced new company PowerCo, set to invest more than €20 billion for the Group's global battery activities.

https://www.ft.com/content/b4002e49-07ce-41d8-9d3b-b6ed55af798c

The ideal scenario is clearly sell [Some Of] Sonora for at least $24m-$30m to fund Amapa 49% avoiding the need to raise and catapulting our SP because it would have a multiplier effect.

If it doesn't matter, please explain GME BBBY AMC etc....

https://www.bnamericas.com/en/news/mexico-energy-minister-reveals-name-of-lithium-state-company

China’s Gangfeng has the rights to the country’s sole active lithium project, in Sonora state, with investors hoping it may become profitable in the next decade.

Mexico looks to buy out existing additional rights held by UK exploration giant Bacanora
——
Interesting news on Sonora with the Mexican government potentially buying in. I don’t think any royalties apply over those parts, the biggest beneficiary would be Cadence Minerals which looks like a total bargain at present.

WOW! That’s huge news for us (if substantiated) if we’re selling to the Mexican gov! No wonder KM sounded happy about Sonora then, might explain why they may not need to raise funds for 49% of Amapa that would be a huge win win if it’s at least $30m. Fingers crossed!

So have we already started drilling it do you know?

Nice one Zoom, the market will catch on eventually! ;-)
I expect anything positive on Sonora will come as a real surprise to the upside for us.
I am very optimistic around Evergreen having seen Core's BP33 drill results, that could be massive for us too.

N.B the page currently shows last years vote.
Link to RNS
http://irservices.netbuilder.com/ir/cadence/newsArticle.php?ST=REM&id=31142822266679229
Good that investors have put faith in the management team to do what is necessary regarding share allotment.

Result of AGM

Cadence announces that at the Annual General Meeting of the Company held today, all resolutions put to shareholders were duly passed.

Result of the votes for each of the resolutions will be available on the Company's website: https://www.cadenceminerals.com/investors/general-meetings/

- Ends -

The answer is like most I already have my full allocation and would prefer to see the share move higher than lower.

You tell us, you've made 10,768 posts, what is the purpose of them?