Member Info for Ivybush

Still 30%+ !

The general opinion here [which is also mine] is that Ganfeng will likely want to take over
our jv at Sonora. The discussion and consent hinges on valuation.

But even at the very basic $20m mentioned this is still 40%+ of current kdnc market cap.
With other investments beside Amapa & Emh we are way under valued imo.

I am well overweight at present in kdnc but the outlook is so positive.

@Pippi From the original RNS of 21/05/2019 you will see that for 9 months prior to that date
Kdnc BOD were in contact with Amapa/Courts/Indo Sino to activate and conclude the JRP which
was crucial to success of the venture.
Kiran speaks fluent Portuguese and thus was able to interpret and negotiate with the Brasilian
Courts and local interested parties. I guess that was of advantage to Indo Sino, like a no win no
fee arrangement.
I was at the AGM in 2019 [as were other posters here] and Kiran said he was personally going to
work on Amapa as much as he was able. He is a man of integrity imv and I am pleased that
all his effort has now born fruit. Here's to a successful 2022 to Cadence shareholders.

Well I am still here. Not sold and have no intention of doing so at present.

Kept my sustantial holding as I had every confidence in Kiran.

Not posted much of late due to quality of many contributors but grateful for those who did
post updates and positive news.

Yes it will have impact unless there is any further delay in enforcing Basel 3.
Bullion banks will no longer be willing to short the markert with paper gold contracts as
they will have to be backed 100% by physical gold.

So, we hope, the gold market will be "true" to supply and demand and no longer manipulated.

Andrew Maguire is one of the most knowledgable commentators on the Gold/Silver bullion
markets. He reports very comprehensively every few weeks and gives an insight into the
manipulation which has been rife in the paper gold markets.

Hopefully that will end at start of New Year when Basel 3 regulations come in to force.
Take heed of his bullish comments for physical gold in 2022.

@TalkingSense I agree with your pragmatic and common sense post.

I added substantially last week on the basis that "nothing has actually changed" and feel the drop in
sp since is greatly overdone. Surely a current buy at 1.23p is a good risk/reward play.

OK thats 18 filtered posts since Midday for me and its only 2pm.

@Obs, @Mer I also added more yesterday. There has to be value at this sp.

Borderbob ----after that comment 22.03---Filtered

Oh dear! Do other bcn shareholders think the 70/30 jv's with kdnc are a
minor Mexican frolic?

Disenfranchised shareholders here can still take an indirect stake in Sonora by investing in kdnc.

@BorderBob I am less pessimistic on Ganfeng/Sonora situation.

It is in the interests of both Mexican Government and Ganfeng that Li production proceeds.
Ganfeng is a big player able to negotiate a mutual agreement that will not mean nationalisation imv.

For kdnc, as the present proposal is to site the processing plant on one of our jv areas it will need some
form of contact/permission for this to take place. Likely outcome would surely be acquisition of jv's
to simplify Ganfengs dealings with Mexican Gov. In the meantime we have free carry on this investment
so no need to take any action.

Like many here I am amazed that sp is so low. All is proceeding towards Amapa 20%.
Added further 90k shares yesterday-- now joining Obs with overweight holding.

However, I can only see a positive outcome with backing from courts and Amapa State government.

A better trend of late amongst goldies. Lets hope the market has at last come to realise
what good value paf is at this sp.

@MBW the last post from EVBull was yesterday at 19.11. If you reread my post you will see I mention
only posts since 1pm. Just wanted to rectify something which is completely wrong--as you say.

Just logged in to check for kdnc information to find no less than 21 filtered posts since 1pm.

That is all except jimb and degsie: if you are one of the others please do not reply, I am not
at all curious whatever you post.

Agreed, very much worth a listen for a summing up of prospects and a heartfelt tribute
from Alan Green who new Craig well. RIP.

@42trader thanks for info on Edison report. Have had a quick glance earlier today.

Quote " Valuation: everything points to 30p per share" ---and this is assuming decline in real price of gold
to $1524 over the next 6 years!

My view of gold is very positive, at least for next year.
Investors will fall back on safe haven of precious metals as inflation in US is not "transitory"!

Forced closing [a la Basel 3] of paper gold shorts will lead to physical gold only market
for 2022. Add reduction in $ value [re inflation] and continued Central Banks /China/Russia
demand for physical gives a great risk/reward trade for POG increase imv.