Member Info for Mullins58

22p

NOW AMAPA !

https://www.mining.com/top-iron-ore-stories-of-2021-and-what-to-expect-in-2022/

https://www.youtube.com/watch?v=6wyLvagyApY

40p at the off

MBW , couldn't believe it when the RNS popped up this morning, ATB

27% Incoming !

FAB

Cadence Non-Executive Chairman, Andrew Suckling, commented; "This is indeed a momentous day for Cadence, Indo Sino, DEV, the Government of Amapa, the legal teams and bank committees and administrators who have worked tirelessly, COVID notwithstanding, to finalise the final and perhaps the most lengthy part of the judicial restructuring plan agreed back in 2019."

"I would also like to put on record my heartfelt thanks to everyone involved in making this happen, and in particular to Kiran and the team for realising what is an absolutely transformational transaction for Cadence and its shareholders."

"Having achieved what we set out to do, the work really starts in earnest. Bringing Amapa back to life has created a raft of new opportunities for the region and its community, with improved prospects for employment, health and education. The opportunity is simply huge: Amapa was once owned Anglo American, and we fully intend to restore the mine and infrastructure to its former glory, and more besides given that we intend to produce a higher quality product mix. Even now, the value of this transaction is only starting to register with the markets, something I truly believe will change dramatically in the coming years."

Cadence CEO, Kiran Morzaria, commented: "When Cadence first announced Heads of Terms for Amapa back in May 2019, we knew that while a tremendous amount of work lay ahead, the investment and terms, if secured would represent our greatest achievement to date as a mining investment company."

"We are at this point today is entirely due to the team at Cadence, Indo Sino and DEV sharing a common vision and working together to achieve it. I am proud that together we have overcome some considerable challenges, including the impact of COVID on the Amapa region, to reach this moment."

"We have already embarked on Phase 2, where Cadence will vest an additional US$3.5m to take our holding to 27%. Given the rate of progessthat I saw on visiting Amapa in October, I have every confidence that the day when our newly recommissioned mine re-commences production will come, at which point the nascent value in the project will be realised for the benefit of all our investors and shareholders."

https://www.londonstockexchange.com/news-article/KDNC/amapa-iron-ore-project-update/15266680

https://www.mining.com/top-lithium-stories-of-2021-and-what-to-expect-in-2022/

http://www.asianmetal.com/LithiumPrice/Lithium.html

People need patience when they invest in a AIM mining stock. ATB

https://www.mining.com/web/tesla-seeks-first-us-battery-graphite-with-syrah-supply-deal/

https://www.mining.com/web/vale-weighs-bid-for-stake-in-anglos-brazil-iron-mine/

https://www.londonstockexchange.com/news-article/ZNWD/holding-s-in-company/15264422

https://www.londonstockexchange.com/news-article/ZNWD/holding-s-in-company/15264422

https://www.londonstockexchange.com/news-article/ZNWD/holding-s-in-company/15264422

ATB for 2022

ATB for 2022