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Ifhavi g bought in in Early 2020 for which I make no apologies, I would be selling now if I thought it would take 15 placing and 5 years for value to out. In fact, if my belief in terms of Kdnc was in the past rather than the present and the near, medium and long term future I would be selling. Iam holding, and thoroughly expect to be rewarded, near, medium and long term.

...no extra points for pointing out the aprostrophe, or lack of.

Iam taking my ball home with me...

oh dear
Institutional
their

Agreed, the only questions that remains are;

1. Who is the instituonal investor
2. How sticky are there hands
3. Who has being buying the flipped shares
4. Will 1 and 3 result in TR1's or even multiple TR1's

Yep, the iron future prices have been catching up with the rising spot price over recent weeks, excellent decision making from Kiran.

Feb prices now near spot price and Mar prices above £145, might start to see some of the circa 1.3 million tonne stock piles being shifted now:)

Feel free to disagree Mike.

Agreed, a placing at say 25p but being under subscribed and raising only 3/4 of the money needed to go to 27% would have been as useful as a chocolate tea pot.

“But what if Booobla sells all of his/her millions and we drop below? ;-)”

Answer

Cadence would be back at 3p, and if he liquidated his other assets, the whole market could come crashing down around our ears.

I salute your patience EV.

Now then let’s not get peeps hopes up too much:)

Yes you can a situation arising whereby the rns re 20/27% comes, share price jumps, followed by rns confirming any one holding on such a date, the date of the original placing, will be entitled to x amount (expressed as a percentage of shares held at the specified date) of shares at the announced placing price, suddenly everyone is happy, save for the obvious peeps.

Sounds about right though:)

Apols, Irish descent, lazy error… do you have an opinion on the rare cask? Lot to take in on the Whisky front.

Nice analogy. It was clear the money had to come from somewhere if we wanted 27%. It has simply come sooner than many expected.

All good in the very near term too.

Agreed, you have to take a similar approach to artwork, tbe galleries love to flatter the punters and ply them with booze.

I’m about to venture into whiskeys, but weirdly can’t make adrcisiom, was going to go for an annual purchase of the Mcallan rare cask, but put off by the lack of a date stamp, any suggestions greatly appreciated….

Well… 1st lot was bought in 2011. It doubled and then doubled again, o bought Kdnc in 2020 it doubled and doubled again, boought my next Bob for my 2 yr old last week, we’ll see how that does over the next 5 or so years. Meanwhile I expect a much more aggressive accumulation of value when it comes to my Kdnc share holding. Don’t ask me about my game of thrones signed 1st Ed first print or subterranean press. Editions…