Member Info for EyeGuy

Cause- yep that’s right.
But (allegedly) your broker may allow you to close with off book trades before the shares to go up, allegedly

Agree. Best ignore

I’ll change the word character to gentleman as character shows lack of respect for the deceased. Apologies for that

Otago- 2 of the 5 are spread betting imo. 2 are swing trading and 1 for sure isn’t invested and is disruptive based on associations with a now deceased character that didn’t like cadence. I’ll fill you in on twitter mate

Jimb2- Cheers for the post. Not sure he is one of the 5.
You only need to look back on 29th March RNS day stating that shipments have started, and see how many of these loyal longtermers posted during market hours.
Don’t forget these are the loyal longetermers that will reply within minutes on a weekend if you are getting a bit carried away with the share price. The same ones posting every time the share price drops a few % saying how worried they are and making up negative sentiment. The same ones that add months on to shipping schedules. The same ones that say there are no exports from Brazil due to COVID. The same ones with over 50 posts recently looking at shipping schedules, but on the day shipping is announced don’t say anything at all.
Now, not sure if it’s just me but surely if you were looking at the shipping schedules and the RNs was released stating the first shipments for Amapa Since 2015, then presumably the posts that day would be mostly made up from these 5. Would fit wouldn’t it. Now go back and count how many posts were there in market hours from the 5.
I’ll help you. It’s zero.
Unless you count Mylastquid in the 5 and he posted 2 comments with whiffs of negativity in the afternoon.
Doesn’t surprise me at all that these characters didn’t post. A few probably closed their spreads hence the sp was stuck for a while.
Enjoy your Easter

the day of the settlement I expect 4 "loyal longer termers" to bash the crap out of this and use statements like "only 50p more to break even"
Doing this a long time now and its all very predictable imo

Mike- a lot of posts are negative because a lot on here lie through their teeth. There in no escaping it pal.
Its the same old ****e on all BB's but more so here.
Otherwise how can you account for alleged loyal shareholders predicting only a few weeks ago that shipments would start in November 2021, or the other classic there will ne no exports due to covid. Complete bull****.
Also we have had the other classic that new figures cant be used or extrapolated until they are released by RNS. Yet I am perfectly capable of checking the Seaborne iron ore price myself. I don't need Kiran to do it for me.

Yep. That’s the whole point

The costs of rail and port are down as over $110 million from memory.
Personally don’t think 27-49% of a $700 million per annum EBITDA mine at a £35 million mcap is overhyped but each to their own.

Each shipment has $7.5 million Fe
31 ships needed.
So over 2 years it’s 1 ship every 3.35 weeks.
So that’s $2.23 million iron ore per week.
Minus shipping and tax.

O and W. No worries mate.
Will be worth looking into the the capex monies and how they are spent. The majority will go towards port and rail. The actual mine capex is very small. The reason why imo this is important is if there is any debt requirement it is far less risky to borrow against an asset like a rail or port compared to drilling holes

O and W. The $600 million valuation was the impaired valuation. Without impairment at a lower iron ore price it is a billion dollar asset.
The port and rail can be monetised to third parties increasing value further. There is too scope to increase mine life. From memory there is more % of the more valuable 65% fines than the 62% increasing value more.
EBITDA roughly $700 mill per annum I get for the project at today’s prices

they only placed 3 weeks ago

O and W. in my mind, the 27% stake is a given and they would again imo be likely to sell shares in EMH to fund this. After all cadence is an investment company as their investment has grown strongly.
The 49% move will be dependent on the likelihood of other parties to fund the project. And as KDNC is a listed entity will have much more chance of funding to progress either with debt, equity or sale of assets like their EMH holding.
I would expect the 49% to come too

managed to re buy all the shares I bought at 0.28 and sold circa 0.40p. Took them all again at 0.28-0.29 and now waiting for 1p over next few weeks imo

Wtf- he can’t answer that mate,
My personal charting skills are average because I trade and Invest more on fundamentals mate. I also trade based on supply vs demand of stock which is basically what the principals of charting are but I dig deeper with counted trades and look into financing of the company.
The reason why this will go up is the financing and funding leading to a company changing Event- ie mining license.
The previous retraces were caused by funding uncertainties and cln’s.
Pretty simple

Imo dyor etc

Well done on your trade on 88e legal
I made some good money some years back buying the stock in the open rights issue and selling in the 3’s. But crazy the valuation now though.
Looking good here.

Trill- good question. Mali have been very active at Issuing licenses over past 3 months. I did post the website on twitter to show this. I’ll try and dig this out. Secondary, Bernie turned down an extra £4.5 million in funding. Why would he do this?
Plus he said several times the license is imminent

lovely jubbly today ;-)

im back in too.