Member Info for L2analyst

Heres cadence news, perhaps Zinnwald could do the same RNS Number : 5487X Cadence Minerals PLC 30 April 2019   Cadence Minerals Plc   ("Cadence Minerals", "Cadence" or "the Company")   Yangibana Project Update   Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that Hastings Technology Metals (ASX: HAS) ("Hastings"), has announced that it has successfully received in-principle eligibility for the German United Loan Guarantee Scheme (UFK - Garantien für Ungebundene Finanzkredite) from Euler Hermes Aktiengesellschaft ("Euler Hermes") who are mandated by the German Federal Government as administrators of the UFK scheme for an indicative amount of up to USD140 million(approx AUD200 million). The UFK scheme offers concessionary loan terms typically over a period of seven years. Cadence owns 30% of the Yangibana North., Gossan, Hook, Kanes Gossan, Lions Ear and Bald Hill North Rare Earth Deposit which form part of the Yangibana Rare Earth Deposit. Probable Ore Reserves of some 2.1 million tonnes at 1.66% total rare earth elements are contained within 30% owned joint venture tenements. The Probable Ore Reserves of the entire Yangibana Rare Earth Deposit is 10.35 million tonnes at 1.22% total rare earth elements. Further details of these reserves and pre-feasibility study can be found at: http://irservices.netbuilder.com/ir/cadence/newsArticle.php?ST=REM&id=2688632. Highlights from Hastings News Release: ·      In principal eligibility for the German Government UFK scheme confirmed for up to USD 140 million(approx AUD 200 million) from Euler Hermes. ·      UFK scheme offers concessionary project finance loan terms for a period of seven years. ·      Progressing on due diligence on the technical, economic, environmental, legal and special aspects of the Yangibana project. The confirmation is based on the understanding that a German Tier 1 company will be the off-taker for a minimum of 5,000 tonnes of Mixed Rare Earth Carbonate (MREC) per annum from Hastings'Yangibana Rare Earth Project for a minimum contract period of 10 years. Further due diligence is being undertaken on the economic, technical, legal, environmental and social aspects and the UFK loan application will be subject to final approval by the German Government's Inter Ministerial Committee. As announced in July 2018, Hastings has exclusively mandated the German bank, KfW IPEX-Bank GmbH ("KfW IPEX Bank") to provide project finance loan advisory services and assist Hastings in relation to securing approval from Euler Hermes Aktiengesellschaft ("Euler Hermes") for the UFK Cover. KfW IPEX-Bank, a wholly owned subsidiary of the KfW Group is a leading German export and project finance s

RNS Number : 5487X Cadence Minerals PLC 30 April 2019   Cadence Minerals Plc   ("Cadence Minerals", "Cadence" or "the Company")   Yangibana Project Update   Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that Hastings Technology Metals (ASX: HAS) ("Hastings"), has announced that it has successfully received in-principle eligibility for the German United Loan Guarantee Scheme (UFK - Garantien für Ungebundene Finanzkredite) from Euler Hermes Aktiengesellschaft ("Euler Hermes") who are mandated by the German Federal Government as administrators of the UFK scheme for an indicative amount of up to USD140 million(approx AUD200 million). The UFK scheme offers concessionary loan terms typically over a period of seven years. Cadence owns 30% of the Yangibana North., Gossan, Hook, Kanes Gossan, Lions Ear and Bald Hill North Rare Earth Deposit which form part of the Yangibana Rare Earth Deposit. Probable Ore Reserves of some 2.1 million tonnes at 1.66% total rare earth elements are contained within 30% owned joint venture tenements. The Probable Ore Reserves of the entire Yangibana Rare Earth Deposit is 10.35 million tonnes at 1.22% total rare earth elements. Further details of these reserves and pre-feasibility study can be found at: http://irservices.netbuilder.com/ir/cadence/newsArticle.php?ST=REM&id=2688632. Highlights from Hastings News Release: ·      In principal eligibility for the German Government UFK scheme confirmed for up to USD 140 million(approx AUD 200 million) from Euler Hermes. ·      UFK scheme offers concessionary project finance loan terms for a period of seven years. ·      Progressing on due diligence on the technical, economic, environmental, legal and special aspects of the Yangibana project. The confirmation is based on the understanding that a German Tier 1 company will be the off-taker for a minimum of 5,000 tonnes of Mixed Rare Earth Carbonate (MREC) per annum from Hastings'Yangibana Rare Earth Project for a minimum contract period of 10 years. Further due diligence is being undertaken on the economic, technical, legal, environmental and social aspects and the UFK loan application will be subject to final approval by the German Government's Inter Ministerial Committee. As announced in July 2018, Hastings has exclusively mandated the German bank, KfW IPEX-Bank GmbH ("KfW IPEX Bank") to provide project finance loan advisory services and assist Hastings in relation to securing approval from Euler Hermes Aktiengesellschaft ("Euler Hermes") for the UFK Cover. KfW IPEX-Bank, a wholly owned subsidiary of the KfW Group is a leading German export and project finance specialist with significant experience in the debt financin

Fantastic news

Fantastic news for kdnce which bodes well for Zinnwald

Isn't the placing to ii, not pi

They are talking of connected devices into billions

https://www.deviceauthority.com/industries/smart-connected-devices

Got to admit its looking good now

15p open?

an underwritten Firm Placing and Placing and Open Offer to raise gross proceeds of approximately US$400 million (GBP310 million) at a price between 15 and 18 pence per New Ordinary Share (the "Issue Price") launching immediately following the release of this announcement;

It should be easy when we have multi billion dollar company as partners

Let's have a 100 million pound contract

Greed is what they live for

No sells so looks like selling finished

Added 10k at 23.50p

Wouldn't trust this lot with a penny

Mm taking the biscuit here

I think so, perhaps shorts have seen the light at end of the tunnel

It's on breakout now,

Sweep2, is seal using keyscaler