Member Info for ghin

The EGM today should be largely irrelevant for KDNC. Just a consolidation of shares and bylaws.

He is. Maybe not a factor of 10, but a lot, and indeed, still an extremely good value.

Every big sell by someone is a big buy by someone else. The downward trend of the iron ore prices at present are not very relevant for Amapa given its likely timeline (and in general, given the other assets KDNC has), so not sure what makes someone to sell in the current situation, but I'm not complaining about the opportunity to accumulate.

I don't know MMM, I don't have a source for this. Need to wait for an RNS, which won't happen until it becomes KDNC matter from a regulatory point of view.
However, the court receipts of petitions on the following day seem to confirm that things went as expected - I think the most likely reason to file them is that the changes were approved.

CEZ will prioritize the relationship with VW; that's what makes most sense for the Czech Republic given VW's supply chain and presence via Skoda. A Tesla offtake is pretty unlikely before that happens. Keith pretty much implied that they are not in any kind of hurry to sign offtakes, the time works for us and we can keep on negotiating until the decision to mine is on us mid next year - I would be very surprised to see any announcements before Christmas. Just my opinion obviously.

I don't think there's an actual hard deadline of 60 days for the banks to sing (or anything else). It'll just happen "soonish", as opposed to "far out".

Silencing? You mean, debunking with research based on data? I mean, it's 99.9% to 0.01%, and somehow the latter usually turns out to be on oil company payroll.

Uh. Uh? Uh.

I think that's too optimistic. More likely when the mine is operational, legalease. How did you arrive at those estimates?

It's not new news. Observe the jump last week. Next catalyst is the signing, then 20%, 27%, feasibility studies and other operation news, etc, then the grand re-opening, if everything goes well. Anything missed?

35-40% is a big jump. Many will take some profit and rebalance the portfolio to manage risk, it's natural. KDNC remains a speculative small cap play after all.

I vaguely remember that they are 56-58% & 8% standard discount as WMT. Somebody else from this board will know for sure.

" The ore is beneficiated to 65% Fe Pellet Feed and 62% Fe Spiral Concentrate."

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

MO: you're right, but no point in asking him. We did that on HC a dozen times already. Just ignore him :)

Pretty much repeating the same stuff doesn't make it true or more real. Even the likelihood of that is low given VW's relationship with CEZ and the Czech state - Tesla's sourcing just makes it more likely that VW must finally commit. That's not bad for us, but no - Tesla is unlikely to get their Li from Cinovec.

That might be so (possibly). But your next car should still be electric

LLInv: "EMH essentially being told "leave the big business to us, you just worry about getting it out the ground", but that's just the nature of the relationship."

Lately EMH is walked over even for that. We already have SMS working on the process, yet CEZ and Babis is making noises about how a random local university's untested method will be used.
It might be the political reality of the things, but it's not natural - we have a shareholder agreement putting EMH in charge of the development.
The lack of EMH RNS, the quiet change of the slides suggests that EMH is not asserting it's rights behind closed doors either. I believe a BCN moment might be coming.

That might be so Skelly85. So, how about a non-confrontational RNS about the progress made with the offtake negotiations and the 'guaranteed' turnkey process that the SMS group is supposed to deliver?

Where is the resource upgrade report? How is the DFS coming along? There has to be some progress EMH can report without muddying up the waters.

IMO quiet = CEZ & Czech government pushing us over into whatever is in their interest.

Clueless clown. Regards, a "Communist block" citizen.

I love lengthy, heated discussions about red herrings.