Member Info for EV_Bull

It does make you wonder where all the raw materials will come from when we are already in deficit, less than 2 years to build a battery factory and 8 years to get a mine drilled, permitted and operational.

Yes Mullins perfect for us and a $h1t storm for some others. :-)
Looking good from my perspective.

Good look with your investments and thanks for your opinion, I'm very happy with my investment track record and looking forward to some more big gains in 2022. For the record I have 12 holdings in my portfolio currently and several of those are US and ASX, hence why I only post on a few boards here, many of the other boards are not very active either and KDNC is my largest holding hence I give it more time for research etc. In any case this is a forum for discussing Cadence not me. I understand you want to drive the price down and that suits your agenda but I think you are on the wrong side of this trade, news of our 20% Amapa ownership is due any day now, why swim against the tide? In any case, best of luck, please try to keep it cordial and polite instead of making outlandish accusations.

There isn't a Tesla (20 bagged) or Novonix (7 bagged) forum here otherwise I'd have posted on them. Thanks for your kind comments but I'm happy with my moniker and I can confirm that I am not on the KDNC payroll, I am an investor in KDNC.
Cheers

Nice one Ban, he's really showing himself up now. What an embarrassment.

Well his trade is clearly going against him at the moment. FOMO and desperation is now setting in. Oh did I mention another rise for iron ore futures on the dce. Oh dear.

You are hilariously uninformed

'This is an end': Serbia revokes Rio Tinto's lithium project licences
https://www.reuters.com/business/retail-consumer/serbian-government-revokes-rio-tintos-licences-lithium-project-2022-01-20/

BREAKING:
Serbia has revoked @RioTinto's licenses to explore for lithium, says Prime Minister Ana Brnabic
https://www.reuters.com/business/retail-consumer/serbian-government-revokes-rio-tintos-licences-lithium-project-2022-01-20/

So on the 27% funding, we have a bit of cash >£1m at end of H2, trading portfolio doing well (3% of Charger) and EMH also doing well so options that will go a long way even towards the 49% especially if EMH continues.

Second, not all placings are bad placings, one scenario is announce the 20% and then see what the market thinks, but were someone like Glencore to step in and fund the $3.5m the market may look upon this favourably as a vote of confidence in the project and confidence in funding the 49% and a big backer. Perhaps an off-take with them too, the market would love that IMO.

Looking good @Mullins, Iron ore continuing to rise and shipping rates continuing to fall.

I'd rather hang on to my seat than play musical chairs, which is effectively a negative sum game when you consider the MMs take on the spread. How many missed out on the 29th Dec RNS trying to be clever - 33% up since then.

Cadence Minerals stake is worth circa £12.4m with European Metal Holdings shares trading at 81p.

To put this in to context, Cadence Minerals entire market cap is £41m so the market is effectively currently attributing a value of just £28.5m to the rest of Cadence’s assets.

Cadence Minerals Portfolio

Although the latest developments at Cinovec adds tremendous value to a publicly-traded holding of Cadence’s portfolio, their flagship project is the Amapa Iron Ore project which has targets to produce $725 million iron ore per annum.

Cadence Minerals has additional exposure to lithium at the Sonora mine operated by Bacanora Minerals, as well as interest in Northern and Western Australia.

Cadence also has a 30% interest in the Yangibana Rare Earths project operated by Hastings Technology Metal in Western Australia.

Cadence Minerals’ lithium asset upgrade after Cinovec’s ‘outstanding results’
https://ukinvestormagazine.co.uk/cadence-minerals-lithium-asset-upgrade-with-cinovecs-outstanding-results/

Currently up 18% which I think is about a £2.1m gain for KDNC from the 73.5p close.

EMH has opened up massively at 87p in Aus (1.64 AUD)

There are separate filings with the courts (which are back in session tomorrow). This is not directly related to that process however is another sign of progress in that direction. The last part of the process is for us to own 20% of Pedra Branca Alliance which will own Dev.

The partners of Dev Logística Ltda., a legal entity governed by private law, registered with the CNPJ/ME under No. 07.854.155/0001-34, with address Av. Santana, No. 420, Parte, Área Portuária, in the city of Santana, Estado do Amapá, CEP: 68.925-001 (“Company”), are invited to participate in the Partners' Meeting that will be held exclusively DIGITAL, that is, the partners will only be able to participate and vote remotely, via electronic system, in accordance with with Law No. 14,010/2020, on January 21, 2022, at 10 am, to resolve on the amendment of the articles of association to change the minimum quorum for the transformation of the legal type of the company.

On Friday

Yes and the courts open again tomorrow