Member Info for HappyLiUK

Cadence Minerals (KDNC) – Funding Secured

£2.34m raised (incl. £0.18m from Directors).

Retail offer up to £0.2m planned.

Azteca Plant restart (Brazil):

~380,000 tpa 65% Fe concentrate.

~US$32m free cashflow over 3 years.

Cadence’s share ~11% of costs.

Strong returns: ~70% IRR, cashflow positive from first shipment.

Funding use: Azteca restart, Amapá DFS/early works, repay convertible loan.

Amapá Project: 5.5 Mtpa DR-grade iron ore, NPV US$1.97bn, low costs.

Admission: 78m new shares (total shares: 405.6m).

Message from management: This raise is dilutive but unlocks near-term revenues and sets up a self-funding path for long-term growth at Amapá.

this is a positive and transparent RNS showing ...

Anyone can easily run this RNS & Previous through A.I for comparison.

So in short, the September RNS is more of a "progress report" that name-checks the August funding while teasing future steps, but it doesn't move the needle much. If this pattern continues, that mid-October presentation will be crucial for credibility.

KDNC H1 2025 Update (LSE: KDNC): Loss cut to £0.84M (from £2.53M), so well managed.

Amapá iron ore (35.7% stake) nears production with low-capex Azteca Plant restart (380ktpa, 65% Fe, $11.17/dmt costs).

PFS shows $1.97B NPV, 42% IRR.

Secured $4.6M offtake deal; cash at £3K.

Sonora lithium in arbitration.

Poised for cash flow, very undervalued vs. $2B NPV—eyes on licenses & restart for SP lift

In October 2025 EMH is set for thee pivotal moment with the completion and publication of the Cinovec lithium project’s Definitive Feasibility Study (DFS). A robust DFS is expected to greatly solidify funding prospects, showcasing enhanced project economics through technical optimizations like reduced reagent use and lower waste.

This will position Cinovec as a highly competitive, low-cost lithium and tin project in the global market. The DFS launch will serve as a near-term catalyst, drawing analyst coverage, boosting investor interest, and potentially driving a very significant re-rating of EMH’s undervalued market cap.

By reinforcing Cinovec’s strategic role in Europe’s energy transition—an absolute priority for the EU—EMH is poised to elevate its profile in the lithium sector and fuel strong positive momentum in its share price.

Good luck all, either there's a glitch on LSE or my laptop is bugged out ...

.....(sorry hit enter)

.....Cinovec is further along (DFS imminent, mining permits to 2033, pilot production tests done); brine projects face DLE tech risks (yields

Cinovec is further along than anyone with DFS imminent, mining permits to 2033, pilot production tests done.

brine projects face large DLE tech risks (yields

Im here O.M ;-)

Cant weep when youre 1000's up

Very welcome news :)

At least we’ve found who D.L’s fanboy is

As I’ve said I sincerely hope I’m proved wrong and am looking forward to the next drill results as this does have some serious potential.

If you know D.L’s patterns well you can do well on the pumps

Just remember to buy/sell etc on those

Ran from A.I but does make an interesting point:

the U.S. government is considering taking a 10% equity stake in Lithium Americas, it's worth looking at why this approach makes sense — and how a similar path could apply to EMH and Cinovec.

Why Washington's Stake Makes Sense

• Taxpayer Return: If governments are backing mining projects with billions in loans or support, taxpayers should share in the upside — not just the risk.

• Strategic Control: A government stake provides a seat at the table to influence offtake terms, ownership, and national interests.

• Preventing Foreign Takeovers: This helps secure domestic supply chains and reduce exposure to foreign (especially Chinese) control.

The U.S. now treats lithium as a national security issue, not just an economic one.

Could the EU Take a Stake in Cinovec?

Yes — and the groundwork is being laid. Here's why it makes strategic sense for the EU or Czech government to take a more direct role:

Cinovec is Strategically Critical

• Largest hard rock lithium deposit in Europe

• A key pillar for EU battery independence

• Not supporting it would be a strategic failure, especially with demand surging

EU Raw Materials Act (2023)

• Requires 10% of strategic raw materials to be mined in the EU by 2030

• Lithium is a top priority

• Cinovec is one of the few projects capable of delivering this

Geopolitical Shifts

• The EU is waking up to supply chain vulnerabilities

• US/China tensions and green energy urgency are driving Brussels toward more direct involvement

• Industrial policy is increasingly about strategic autonomy

National and EU Support Already in Play

• Czech government has expressed strong support

• ČEZ (70% state-owned) already owns 51% of the Cinovec JV

• EU-level funds (EIB, ERMA, Just Transition Fund) are backing strategic raw material projects

Government Stake in Cinovec?

• The Czech state already has indirect exposure via ČEZ

• A direct equity stake hasn’t happened yet, but would be a logical next step — especially as construction nears

Conclusion:

If the U.S. is ready to take equity stakes to secure its lithium future, the EU should mirror the same. Cinovec is exactly the kind of project that should be treated as a strategic asset — and fully supported accordingly.

Wild seeing some of the AIM new comers associate D Lenigas with anything positive

Sincerely hope I’m proved wrong 🧐

You forgot to write AIM’s biggest con man on the aircraft

EV_Bull absolutely on point there!

Why are they dropping chats on the website, get some official news/RNS released.

You're in here at a really great time/price!

Best of luck and welcome :)

Cadence is making very real, tangible progress at Amapa, with the planned restart of the Azteca Plant offering near-term production and potential cash flow. This staged approach helps de-risk development and lays a solid foundation for great long-term value creation.

At the same time, if (of course a big IF) the arbitration regarding the Sonora Lithium Project goes in Cadence’s favor, it could inject substantial value from the lithium side. For a company at this market cap levels, this kind of binary outcome has the potential to significantly move / improve sentiment and valuation.

With both Amapa and Sonora advancing, KDNC is entering a very exciting phase.

MCap pushing 20m now . . .

Gsdsitgs what does that even mean?

ČEZ are in full control. This is the Czechs Oil & Gas style moment in history.

Electrification of the EU is happening, through many avenues and Cinovec is thee primary high quality Li deposit for the batteries on the continent….. by an absolute mile.

Any LTH’s here will know what happened around VW Power day all those years ago…. DFS (& especially with an offtake) will eclipse that.

Good luck to all, especially you new comers.

Steady rise u til then Skelly.

Even you’d be worth dropping an investment just for the fun of it