Member Info for Jarv55

Acutperception the price has dropped due to black rock changing investing direction they have sold down lots of stocks and Kdnc selling we know that several parties are in talks right now. Full funding due Q2 And that will also lift Kdncs price as they have 30% in a jv and 2.77% in bcn.

from stock house Value ?
Our Iron Ore alone was valued at $600,000,000 during the last PFS. I thought that we had already proven this resouse earlier? Mine ready and approved was my understanding. It must be a request by a financial lender.
1.3 Billion tonnes of Iron Ore which at this price should be FOB cost per tonne at $50 per tonne would leave Macarther a profit of $40 - $60 per tonne when selling 68% Iron Ore.
So if by upping the iron percentage from 30% Iron Ore which it is in the ground now to 68% Iron Ore for selling would lower us to about 550 million tonnes available to sell from this mine.
550 million tonnesX $50 profit per tonne = 27.5 Billion dollars profit.
If this is the case why would a major not pluck this up at a price of 300 million or more right now?
Either I am way off on my understanding or we are very undervalued at this time.
This is only one mine.

Read more at https://stockhouse.com/companies/bullboard#iu56Dij8tpOY2Ocg.99

have a read https://stockhouse.com/companies/bullboard?symbol=v.mms

Acutperception I don't think bcn is struggling at all they have several parties interested

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note the announcement today from Macarthur Minerals (TSX-V: MMS) ("Macarthur") that it has entered into a binding Life-of-Mine Off-Take Agreement ("Agreement") with Glencore International A.G. ("Glencore") for sale of iron ore to be produced from the Lake Giles Iron Project ("Project") at Lake Giles in the Yilgarn region of Western Australia from the commencement of commercial production.

Highlights:

· Glencore secures life-of-mine of the project with commercial terms for approximately 4m tonnes per annum average for the first 10 years, with the option to extend for a following 10 years for all tonnes of future Lake Giles iron ore production.

· Glencore agrees to release up to 70% of their off-take volume where Macarthur secures project financing from a Strategic Industry Investor, subject to their securing off-take of the product produced.

· This Agreement with Glencore positions Macarthur to go forward to complete their project financing.

· The Agreement is currently valued at approximately US$4bn in revenue over the first 10-year term ensuring Macarthur long term revenue and consistent sales per year.

· Terms and conditions have been competitively negotiated reflecting strong forward demand.

Stop losses hit time to reverse https://invst.ly/acm0b

Nice shake there people buying back now

Expect his deal will be in the press over the weekend

https://twitter.com/CamMcCall/status/1108704244041801730

Anyone know why they are paying penalties?

think we will get plenty of buying interest next week and a few profits from Kdnc coming in here

Nice strong close gap up tomorrow as word spreads.

Buzz its not the mms that control it, it is supply and demand. They will be making plenty.
from the lows

Chart has plenty of upside https://invst.ly/acdql

Yep remember a lot have not seen the news yet

Massive news bought a few at 21

Worth a read https://www.proactiveinvestors.co.uk/LON:BCN/Bacanora-Lithium-Ltd/rns/LSE20181213070004_13901866

Think Blackrock are on the dregs now

BCN twitter group open if anyone wants an add follow me at Jarvy55 can unfollow after would be good to get some of the longs views.

King5hoot can you give me the dates of the rns saying Ebioss reduced please.