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"UBS hikes iron forecasts again."- Australian Financial Review [AFR], 30 Mar 2019

https://twitter.com/ken_kfwatson/status/1111958526694309888

On-topic for Macarthur Minerals, listed in Canada - prroject iron ore in Australia.
KDNC owns 10.1% of Macarthur Minerals [MMS]

News,
Sat, 30 Mar 2019

Eyes will be watching Aeris Resouces on ASX:AIS: A16c, Mkt Cap A$76.91MILLION.

Status of Lake Torrens JV, South Australia: Awaiting assays for Hole TD7 -drilled to 858m.
See 18 Mar 2019 Announcement -Torrens is 40km NE of the spectacular Oak DAm copper discovery announced by BHP in Nov 2018. There are 28 district target zones within the "BROADER TORREN*S ANOMALY."

Note: Aeries is in joint venture with Argonaut Resources [ASX: ARE] on the Lake Torrens copper project, South Australia. ARGONAUT share price 1.7c, MKT CAP A$26.42 MILLION.

Source: Hotcopper - https://hotcopper.com.au/ais/discussion/

Joint Venture on Lake Torrents, S.Australia : AERIS Resources 70% & Argonaut 30%.

Comment: So only 1 drill hole completed on TD7 with assays PENDING and their mkt cap*s.

News
Sat 30 Mar 2019

"20.4% copper assay for Auroch in South Australia."-The West Australian, 7.2.19

"..Mineralised corridor that extends at least over 1 kilometre long. Auroch*s ARDEN is North of their East Torrent, SA licence."

https://twitter.com/LONDONAIMCAP/status/1111956440388943874

News,
Sat 30 Mar 2019

DYOR. Please check as copying from notes. [2 articles dated today under this thread]

"Auroch muscles into upmarket address."-The West Australia

"Nailed 1600sqkm best mineral address. BHP*s Mind Blowing drill intersection WEST of Auroch - Elephant Country surrounded by several Tier 1 Olympic Dam & Carrapeteena, under construction. Auroch CEO: Our ELA*s are situated on a LARGE GRAVITY ANOMALY along TREND from Torrens JV projects, which recently defined drill targets over an area LARGER than Olympic Dam."

"Auroch*s Torrent lies in the heart of Eastern Gawler Craton, SA, a globally recognised IOCG copper gold province.
BHP recently announced Mind-Blowing drill intersections West of Auroch*s new ground."

"BHP*s recent drilling programme...intersected HIGH grade copper mineralisation up to 6% copper over 180m [down hole intersection]. According to management, project specifically covers the Torrens * IOCG Hinge Zone*

https://twitter.com/LONDONAIMCAP/status/1111949795504082944

Torrens JV-Aris Resources. The article in this thread from The West Australian mentioned Aris Resources drilling next to Auroch*s Torrens East.

"ARIS RESOURCES SPINS DRILL AT POSSIBLE SLEEPING GIANT PORPHYRY SYSTEM."- Proactive Investors,Austalia, 22 Jan 2019.

Quote:

"The heli-portable drilling rig will drill 8-10 holes to depths of 800-1500 metres. Drilling is testing an ANOMALY L A R G E R than the world renowned Olympic Dam."

https://www.proactiveinvestors.com.au/companies/news213004/aeris-resources-spins-drill-at-possible-sleeping-giant-porphyry-system-213004.html 22 Jan 2019

DYOR. Please check.

News,
Sat, 30 Mar 2019

"Auroch finds numerous targets for copper/gold in SA."- The West Australian, 14.3.19

See map: Torrents East and how close it is to Carrapateena & Oak Dam West [BHP], both World Class discoveries.
See Oak Dam drill results denoted in the map.

Quote:

"BHP*s colossal Olympic Dam and Oz Mineral*s impressive Carrapateena deposit." [Olympic Dam is close to Oak Dam, also BHP]

"Drilling of the Torrens gravity ANOMALY by WMC in the late 1970*s & the Torrens JV in 2007-08, CONFIRMED the presence of a MAJOR IOCG mineralised system several hundred metres below the surface and blanketed by a sedimentary cover."

"Whilst it is early days for the co at TORREN*S EAST, THE POTENTIAL PRIZE IS A COMPANY MAKER and based on that a l o n e , it could not find itself at a BETTER ADDRESS to find a WORLD CLASS DEPOSIT, in this GLOBALLY RECOGNISED IOCG copper gold p r o v i n c e."

Note:
From the map, Lake Torrens JV [AIS 70% ARE 30%, drilling commenced 22.1.19] is next to Torrens East [Auroch 100%]. Two different co*s.

Comment:
Its nearology again, Torrens East near Oak Dam and Carrapeteena. Arden [Auroch] is just below Carrapeteena although not mentioned in this article [Arden was mentioned by Alan Green as high grade copper etc in his recent interview].

In the post earlier on REM: KDNC*s 10 projects, Arden was mentioned and nearology to the world class Oak Dam & Carapeteena.

https://thewest.com.au/business/public-companies/auroch-finds-numerous-targets-for-coppergold-in-sa-ng-b881135999z

News,
Sat, 30 Mar 2019
DYOR. Please check. Please read the full article for details.

"Juan Carlos Zuleta,Lithium Economic Analyst: As for India, its President is scheduled to visit Bolivia next week to talk about lithium industrialicion. The only problem is that there is no lithium LEFT for them {@at least for the NEXT 5-10 yrs} in the country, after AGREEMENT WITH GERMANS & CHINESE."

29 Mar 2019 https://twitter.com/ParikhKaushal/status/1111726419820904449

"See the shorters playing again. Hope they all get caught short!"- 7 mins ago, Fri, 29 Mar 2019
Time in the UK 10.27pm.

https://twitter.com/CamMcCall/status/1111754867196911617 [CEO, MMS]

On topic- KDNC owns 10.1% in Macarthur Minerals.

"Could Westfarmers love for Lynas spark more interest in RARE EARTHS."-Stockhead.com.au, 28 Mar 2019

https://stockhead.com.au/resources/could-westfarmers-love-for-lynas-spark-more-interest-in-rare-earths/

Quote:

"Lynas up 35% ...does not plan to engage with the $38 billion Westfarmers because it does not like the terms of the indicative offer and highly conditional proposal."

"Pensana gained the most, climbing 16.7%..the co pointed out that Boston-based Fidelity - one of the world*s largest equity funds with about US$2 trillion {$3.5t] had amassed a 5% STAKE in Pensana. Fidelity also happens to be a major investor of Lynas. "

"Pensana said the Westfarmers bid is expected to attract attention from institutional investors looking to POSITION
themselves in the $300 billion EV thematic and from M & A advisors looking for the NEXT MOVE in the SECTOR."

"Hastings climbed nearly 14%..." [All the details about Yangibana]

Comment:
REM has 2 rare earth projects - Hastings JV 30% Yangibana and REM Greenland, near world class Kvanejfeld.

News,
Fri 29 Mar 2019

CEO.CA - MMS [KDNC owns 10.1% of Macarthur Minerals, Canada.

Discussion:
@wolff: "..There are some obvious things management could do to support the share prices in near term - let*s see if the COMMUNICATE a PLAN to firm up the 60% reserves, see what their PLANS are for AUSSI LITHIUM and Pilbara /greenstone belt {MMS has 10% landholding COMPARED to NOVO] see map posted earlier. "

"The longer they wait the more uncertainty fuels no rise to more reasonable prices -know when to hold them, fold them and double down."

3 hrs ago.
https://ceo.ca/mms

Comment:
Its called Strategy - that was the gist of what I asked on REM re: KDNC.
Its obvious the Canadians are seasoned in the nuance of asset allocations etc.

Fri, 29 Mar 2019

Just for some clarity:

The article about the notes was not something critical? Why? The auditors had signed off the last a/c which mentioned 12 months. Also, the note was not so excessive large?

As said, a raise is the normal course? Seemed obvious?

On Twit, from recall, someone said that shorts made a killing?

So, it is possible that it has attracted short thesis?

Its quite easy to write a short thesis. However, the short thesis may not give a balanced view.

Why? The raison d*tre is not to give a balanced view in a short thesis.

So, as investors, one should produce a balanced view.

So, this is the reason why a review or letter to shareholders would be helpful? If there was no short note, then it might not be as necessary?

News.
Fri, 29 Mar 2019

Typo: Should be chose. I am short-sighted. LOL.

I had some reservation about San Luis as it was not the traditional brine project. I think it was just a stop-gap in retrospect. I checked the peer and nothing much was happening.

Teabiscuit has asked on KDNC what is going to lift the co. Its just expressed in a different way.

REM was formed from a shell and Sonora was THE project. The takeover did not take place of BCN [Sonora] and the co was back to square 1. No surprise what happened thereafter given Efficient Mkt Theory kicked in.

In recent days, an article was written [paywall] but the gist on the forum was that KDNC could not sell EMH since it was a large stake at 19%+.

Anyone would have known that a funding event was the most obvious. I didnt voice this on the forum as this is a sensitive subject. However, now that it has taken place ie raise of £1.3m @0.15p, one can mention it.

Is KDNC going to follow the same REM path? The Founder choose Sonora as the project. This is a large and world class project which Mi das said could produce 10% of global demand then.

So, is the Management by Objective the same now?

That is not price sensitive but a reveal of "Strategy."

Same for Hastings - it has Yangibana which could produce 6% of world demand for rare earths and 2nd TO LYNAS, now the subject of a hostile takeover at $1b.

Same for Greenland Minerals [GGG] - the world class Kvanjfeld rare earth project could become globally significant and for some time to come.

Accordingly, their MKT CAP REFLECTS it.

So, what about KDNC?

Did Mr Allan Green*s mention of "deal" and a small co overnight could have a "transformational" project in general? If so, it means that KDNC could be lifted from the current day.

This is what everyone wants to know. If it cannot be told, then one would need to find out.

Why? One has to make decisions based on value or potential value or potential project that in turn could turn into value.

Just to clarify. So, even if there is a map we could see, it would help.

News
Fri 29 Mar 2019

I saw a more detailed map of Bald Hill but in essence, it will suffice.

In the REM days, Phalen was the one that said that the size of Sonora was very big. He also went on CONTINGUOUS from the Ventana map.

Same way, deposits are usually continguous as in Arden from recall of the post in this thread.

It is usually continguous and ALONG STRIKE , otherwise no point getting the licence.

Maybe Kiran will be kind enough to provide us the Oz Geo Dept map of PICASSO.

News, Fri, 29 Mar 2019

If you remember Sonora Obs, our Founder did a walk-about and said BEFORE even 1 drill had been done that it was world class from recall.

I am sure someone had a walk-about on the Picasso licence, near Bald Hill otherwise, they might not have just taken on something blind.

If, we know early, like Sonora when REM was 0.04p, its might or could be useful to gauge some idea?

If the Founder was still around,oh my, I am sure he would be singing away?

CADENCE PICASSO - W.Australia

As mentioned on KDNC.PL, how big is the acreage and by extension how large is the potential mineralisation of pegmatites?

Observer842 said on KDNC.PL that KDNC via exploration efforts may give us an idea before the AGM.

I have got the info ie answer via an indirect way.

This is via the high profile Bald Hill which is near Picasso.

FROM Alliance Minerals [ASX:A40] Presentation [Latest Mar 2019] who owns Bald Hill.
Link: www.allianceminerals.com/wp-content/uploads/2019/03/02088109.pdf

The Alliance map shows on page 4, all the MAJOR players:

1)PLS*s Pilgangoora, near Port Hedland + Altura + Albermarle [CLUSTER in the area]

2)Greenbushes on the far left - Albermarle & Tianqi

3)Mt Catlin - Galaxy, nearer the bottom.

4)Mt Holland - Kidman Resources & SQM

5)MT MARION - Neometals, Minerals Resources & GANFENG.

This is CLOSEST TO BALD HILL [ALLIANCE]

LEFT MAP: SHOWS THE GEO MAP & THE G R E E N STAR INDICATES SPOD OCCURANCE.

Looks CONTINGUOUS AND ALONG STRIKE FROM THE GREEN STARS.

So, KDNC*s Picasso will be nearby.

News, Fri, 29 Mar 2019
For now, that*s all I got.

Observer842:

I have just found the info on Picasso indirectly. I will post on REM and you can comment as it will need someone to look at it as well - Committee of 1 is no good. Thanks.

Mr Observer842:

I have re-checked the KDNC RNS of 4 Mar 2019: "Alliance Minerals recently raised AUD$40m to develop its lithium assets in the region, including the high profile Bald Hill mine, which located as it is NEAR PICASSO, UNDERLINES the opportunity and POTENTIAL U P S I D E for Cadence."

Obs - when you have the time, the licence area should be in the Oz file somewhere in the Oz Mining Dept.

Thanks.

CEO.CA CANADA MMS:

Ok, there is no opposition at all to MMS floating their Australian lithium licences etc in PILGANGOORA at a time when PLS wants to sell up to 49% of their stake in the co - analysts speculated it could fetch more than $1billion [PLS *s mkt cap is A$1.4 billion]. This is on the LSE.REM site.

I suggested that MMS allow KDNC to DRILL their "hot" Pilgangoora licence in a farm out sort of thing [up to 85% is norm]. However, the reply is that KDNC just raised £1.3m for their Australian lithium assets.

Even if Leon*s view is that MMS may be seeking a London listing via Macquarie/Capstan, it will take time and still does not resolve the iron ore + lithium mix. It is common knowledge that where there are 2 distinct commodities, then, only 1 can take attention. Leon has also provided a link wherein co*s with geo*s are great with their knowledge of geology but co*s may also need MARKETING CEO*S. So, which is more important per the article?

As I said previously, if the CEO can get attention, then the PROJECT also by extension gets attention. The advantages are obvious.

I replied that KDNC may need a restructuring wherein, their AUSTRALIAN LITHIUM ASSETS are consolidated so it is either PICASSO near Bald Hill or MMS*s Pilgangoora. Pilgangoora is further up the ranking so more attention there. Just as KDNC put up the small funds to drill Sonora, the same could happen for MMS*s Pilgangoora with M & A ie $1b sale as above.

I have researched whether KDNC*s other investee co*s are anywhere near PLS*s Greenbushes, NONE ARE. Greenbushes is Perth way, WA. Pilgangoora is more Pilbara way, also WA. Greenbushes is top dog so cant think anyone can get licences NEAR PLS? So, next best is Pilgangoora via MMS.

Not sure how big PICASSO is - not worked it out yet. Hard to do so as acreage alone is not enough. One needs to know mineralisation pegmatites etc. ONE TO ASK KIRAN at the AGM - anyone attending, could they ask?

To do that, KDNC may need a strategic investors. Artemis - The Sheikh has done a "Strategic Rewview" of Artemis or ordered one. So, now they are going forward with the plan. A few days ago, The Founder of REM said that Artemis is seeking a London listing.

On CEO.CA earlier, they said that an ASX listing would [or should be could] be 10 x more.

KDNC *s failed takeover of Sonora [BCN] has ....so, hence why it is time to consider a Strategic Review.

However, one also has to consider if the project is not 100% owned?

So, one for KDNC to enlighten investors as to their Strategic Review and way forward.

News
Fri, 29 Mar 2019

CEO.CA MMS FORUM:

Currently, Canadians are discussing the latest news :

@tooearly: "...hard rock spod in WA taking business away from South American briners."

@DK: "...good idea to SPLIT the co and get some things going on all their other projects via that route."

@tooearly: "I agree. focus on the iron ore and SPIN OUT the gold and lithium into 2 focused newcos."

@Leon @Giorgio: "...imo Macquarie and Capstan are supporting MMS for a listing in London ..."

@Leon: "That*s why I*m happy with MMS focus on iron ore where we should expect a supply d e f i c i t in the coming years and and much higher prices...Blackrocks*s 4 MAJOR are now exactly the 4 majors in this field. By accident?..or do they have analysed that we are at the bottom in commodity prices and the market rotations is about to start like in any final bubble in history?....think about KDNC SELLING ITS 10% STAKE IN MMS to Glen as a prelude to the Moonshine JV?"

Fri, 29 Mar 2019

https://ceo.ca/mms

Comment: Please note that the above is 3rd party comment. From Leon*s postings, I understand he does this as a day job as well. So, please check as I have not check on the deficit situ yet nor Blackrock*s holdings.