Member Info for news

Further to my @22:14 post in this thread, I decided to ask the CEO.CA #MMS Canadians about Macarthur Minerals PILGANGOORA lithium licences.

@dtrom: "MM*s TAMBOURAH Li claim is SANDWICHED between PLS & ALTHURA." [PLS = Pilbara Minerals, A$1b+ mkt cap] @dtrom also provided the MAP.

4 mins ago, Thur, 28 Mar 2019

Its the place to be in for lithium in Australia - famous Pilgangoora - Pilbara - Western Australia.

Yup, I follow what Mr Alan Green was talking about in his interview recently about Cadence and their project and comments re: deal and one ..transform.

I have finished my research for now and have a better idea now. The REM Greenland was posted just before the above title earlier.

Mr Green*s interview - link is given within this thread.

News
Thur 28 Mar 2019

MACARTHUR MINERALS
dsfar on the KDNC forum today asked if Cadence*s lithium projects were near Pilbara Minerals PILGANGOORA famous lithium deposits?

CADENCE website on Macarthur:

"Macarthur Minerals Pilbara applications cover SIMILAR geological settings to the PILGANGOORA pegmatite deposits which HOST the PILBARA MINERALS [ASX: PLS] and ALTURA MINING LTD [ASX;AJM]."

"ASSAY RESULTS from the initial heliborne reconn sampling of pegmatites WITHIN 3 OF THE CO*s exploration licence applications are e n c o u r aging."

"In essence, the initial reconn only assessed the lithium potential of A FRACTION of the co*s acreage package."

www.cadenceminerals.com/projects/mararthur-minerals-project/

Comment:
So, it is Macarthur Minerals [Canadian listed MMS] that holds licences NEAR THE FAMOUS PILGANGOORA lithium mines of PLS and Althura.

Shortly the Founder of REM joined the board of Macarthur, they mooted via an ann that they wanted to float their AUSTRALIAN PROJECTS on the Australian stock exchange ie Iron Ore and Lithium project.

KDNC owns 10.1% of Macarthur Minerals.

PLS*s share price is A80.5c and MKT CAP A$1.466 BILLION.
Althura*s share price is A14c and Mkt Cap A$297.87m.

Pilbara Minerals Pilgangoora lithium project is ranked very high up on dsfat link from the Australian official site as posted today. I posted the print-out today on KDNC.

News
Thur, 28 Mar 20

P.S. Pilgangoora in the Pilbara is some 80km from recall to Port Hedland, W.Australia.

DYOR. Please check.

A U R O C H Minerals [ASX: AOU]

Mr Alan Green*s recent interview [link given in this thread] mentioned the ARDEN project.

"3 1/2 hrs drive north from Adelaide -1,664km2 highly prospective SEDEX mineralisation. Results from initial exploration at RAGLESS Range, Kanyaka & Radford Creek targets have unearthed promising prospects for LARGE COPPER & ZINC deposits."

"Rock chips as HIGH as******* 12.4% COPPER*********, 2.4% Zinc & 0.5% Cobalt."

*******" S T R I K E P O T E N T I A L 1 0 KM."*******

https://www.aurochminerals.com/project/arden-project/

LOOK AT THE MAP
-Arden is just BELOW World Class Carrapateena, said to be [one of Australia*s largest undeveloped copper projects-read this when I was researching Oak Dam]

-Carrapateena is just BELOW the famous OLYMPIC DAM, Tier 1 COPPER MINE.
Recently, BHP found another world class discovery at OAK DAM, near their own Olympic Dam Mine.
This is IOCG style deposits in SOUTH AUSTRALIA.

TORRENS EAST COPPER PROJECT, AUROCH IS TO THE RIGHT OF ARDEN and nearer OLYMPIC DAM.

"Olympic Dam is the WORLD*S 4TH LARGEST copper resource, 5TH LARGEST gold resource and WORLD*S LARGEST URANIUM resource." - Source: Auroch.

https://www.aurochminerals.com/projects/

Comment: Well, seasoned copper investors will be more nuanced in the data above. Per Green interview - TICK."

News
Thur
28 Mar 2019

CADENCE 3 AUSTRALIAN LITHIUM ASSETS

-PICASSO
Near the High Profile Bald Hill, Western Australia.
dsfat posted a link to give the ranking of Bald Hill from an Australian official source. Posted on KDNC today, Thur, 28 Mar 2019.

-LITCHFIELD, Northern Territories, Australia
From the RNS 4 Mar 2019: "Near Darwin, CONTIGUOUS to Core Lithium ground."
CXO 45.4c, Mkt Cap A$38.19m

I recall the said RNS also mentioned FINNIS LITHIUM project - Core Lithium.

From the map, this project has a sealed road, 88km from mine to Port [Darwin].
Close to grid power, gas and rail infrastructure.
"Has potentially the BEST logistics to ASIAN of ANY AUSTRALIAN LITHIUM PROJECT."

"HIGHEST GRADE LITHIUM PROJECT IN AUSTRALIA."

"500 KM2 with over 100 pegmatite occurences."
"Wide intersections. UPGRADE potential."

Who we are: "1ST IN THE NORTHERN TERRITORIES [NT] , Australia"

"NPV $140m pre-tax"
"Payback 12 months"
"Capex $53.5m"
"$168m over 26 month project life."
"57% operating cost"

Grant-mine life 2.5 rs
Carlton & BP33

TIMELINE:
"COMMENCE mining, Q4, 2019."
"Q4 - 1ST CONCENTRATE PRODUCED" {Since they said Q4, I assume it is Q4, 2019?]

Source: 20 Feb 2019 Presentation, Core Lithium on ASX, Australia [CXO]

https://corelithium.com.au/presentations

Please check as copying from notes.

-ALCOOTA, Northern Territories [NT] Australia
From the said RNS [KDNC]: "Licence to be granted]"
Circa 145km from Alice Springs, NT and has seen comparitively limited exploration, though significant geochem samples from 10km south of the project returned assays of 10.2% Li2o, with evidence suggesting there is a pegmatite ZONE lithium prospective for lithium mineralisation."

Comment:
It is obvious Picasso & Litchfield is what they term, NEAROLOGY plays.

As in? Havieron is East to the massive Telfer mine in W.Australia.
The Founder quickly took the licence NEAR Havieron and just managed to get it within hrs ahead of Rio.

Needs to have ears to the ground and 24/7 kinda of listening on media as results come out from the co*s.

So, as for Alcoota, looks like its also nearology.

As for Finnis, they appear to be starting with what they can manage ie capex etc?

The data is quite stunning and no wonder why they are in the NT. From Darwin Port, it goes to Asia direct.

So, PICASSO is NEAR the ranked Bald Hill.
Litchfield is NEAR Finnish lithium project, Core Lithium, Australia.
Alcoota may be prospective?

The reason why the co wants 3 projects is quite normal - if 1 gets JV, part sold etc, then they have 2 more projects to fall back on and the co does not suddenly become one that has NO project, thus technically triggering....?

Also, when the area becomes more prospective, it is not easy to get ground then.

In the boom lithium era, I cant think anyone with the above esp near Bald Hill would have sold it unless they got big wonga? Only times are more...akin to Sonora days and so they need someone to keep up the wor

My exact quote: "Cheerio" became permanently leaving KDNC? Not logical is it?

As for placings, I gather one needs to be registered with X or Y broker of which I am not familiar.

Needs to be big players? A placing of £1.3m at 0.15p comes to a lot of shares.

After these players buy the large number of shares, say 10% of the stock, they cant sell it through the people*s brokers like HL etc. They would need telephone dealing of which the commission is pretty hefty with upmarket brokers?

One would have thought one would need US$1m upwards before one can get round the doors eg Simon Caw... etc.
Unless one is in those circles, its talking about a subject matter one is not familar with.
However, from TR1*s of say GGP, the holder buys from the market or in a placing - he is a household name and was No 200+ in the Sunday Times Rich List.

As for numbers crunching. Aaah, the stock market is about that isnt it -that is the rule set by Wall St and the City.
Warren Buffett had to do a course on it before he started off and so have the rest.

Otherwise, what does one evaluate? Stqcks are about "quantitative" analysis as opposed to art*s eg literature?

If it were not so, then the IR would not deem stocks to be liable for CGT. Gambling is not taxed for CGT as by technical definition it needs no skill.

I would have preferred not to answer, however, I think, for the avoidance of doubt: NOT REGISTERED for placing. I have mentioned many a time data from HL and live price quotes once the mkt has closed or other data from HL.
As you would be aware, HL does NOT offer placing stocks, DMA etc. I think this alone is EVIDENCE that your question was not relevant to me at all. It was OBVIOUS.

If I were a household name, then buying 10% may be loose change - there is potential loss as well as unless the news is transformational and volume is up, one might just get stuck with the stock? Logic isnt it?

Yo Initial comment last night appears not be correct - it was on the LSE open forum and for public transparency.

Hope that helps.

Since the 3+ questions is now refuted with evidence, I rest my case.

With thanks.

With best wishes.

News. Thur 28 Mar 2019

Oh, have been on REM since 0.04p days. A continuing interest. By the way, I dont attend AGM*s etc nor do I join FB stock groups or any group, so any question I need to ask the old-timers, I come on to this forum to ask.

All investors are interested in their stock - from Australians, Canadians, American*s and no one is asking the type of questions being posed.

By the way, any logical reason why anyone familiar with REM from yo days should not be posting research ie facts eg Bald Hill ranking from Australian official data ? It helps investors with knowledge about KDNC*s latest Picasso lithium project just acquired in Australia which is near BALD HILL, Alliance Minerals with a mkt cap of some A$240m the last I checked?

Puzzled?

Paul Johnson: "This may come as a bit of shock - but I have just heard that resource stocks can go up as well as down! I know - took me by surprise." -1 hr ago, Thur, 28 Mar 2019, Time in the UK 3:15pm

"So, 2005 , 2008, 2014, 2016, 2019 - all pretty poor resource sector LOWS and then...."
-1 hr ago.

On topic: Junior mining resource industry news.

https://twitter.com/pauljohnson9691/status/1111270928162439168

Historical dates of resource sector lows.

KDNC [Cadence Minerals plc] is now HL*s TOP NO 6 on the Buy / Sell Ratio.

A day or so ago, Cadence appeared out of nowhere to No:8 and today climbed up to No6.

No1-Lloyds
Deb
Aviva
Fevertree
Scottish Investment Trust
C A D E N C E MINERALS 61.52% Buy [Thur, 28.3.19 at 2.30pm]
Royal Dutch Shell B
SXX
BP
VOD

Everyday, only Top 10 are listed at https: //www.hl.co.uk/shares [Join the https: to //

Been quite a while since this happened hence posting for history.

KDNC 0.14p [Recent placing 0.15p @£1.3m]
Mkt Cap: £11m mark
Thur, 28 Mar 2019

From dfsat @11.52am, Thur, 28.3.19 - his link:

Quote:

"RARE EARTH DEVELOPMENTS CONTINUE."

MT WELD Lynas 61Mt 3.53 [Av REO %]

Y A N G I B A N A HASTINGS 14.3 1.17

Brockman HASTINGS 41.4 0.21

Brown Range Northern Minerals 10.8 0.66

Cummins Range Navigator Res. 0.7 3.39

Comment:
From this ranking, hence why Australians chased HASTINGS after the Lynas hostile bid by Westfarmers. See Barksya link to the Hastings ASX Ann last night from Australia and HAS*s reply to the Oz Stock Exchange & CLARIFICATION.
As we all know,legacy REM had a 30% JV for Yangibana of HASTINGS [2nd part?]

Please check as there can be copying errors.

News, Thur, 28 Mar 2019
With thanks to dsfat

dsfat

Thanks - it is a good due diligence check from the more official source. Rec.

Quote from your link:

"Emerging hub of downstream lithium processing"

"GREEN BUSHES Talison [51%] & Tianqi [49%] Li2O [MT] 119.4

WODGINA Mineral Resource 195 2.42

PILGANGOORA Pilbara Mineral 150 1.24

MT HOLLAND Kidman Resources 128 1.44

MT MARON Reed Industrial 77.8 1.37

MT CATLIN Galaxy 16.4 1.08

B A L D H I L L Alliance Minerals 12.8 1.18 DIRECT SHIPPING OF SPOD CONCENTRATE

Lynas Find Pilbara Minerals 5.6 1.22

TOTAL 749.1

Comment:
dsfar - There you are. The question you asked is answered. We talked about PICASSO [1 of 3 KDNC recent acquired lithium assets in Australia which could be up to 100%. PICASSO lithium, Western Australia is NEAR the High Profile BALD HILL belonging to Alliance Minerals now [ASX:A40].

What you were asking about is now ranked from your own link provided with thanks.

I could only gauge via mkt cap.

However, always good to check official rankings.

Nice.

News, Thur, 28 Mar 2019
Discussion re: Picasso and Oz lithium [3] in Australia re: KDNC was last night with Obs.

dsfat

Your abc news link is part of the Lithium Valley etc [EV] gov initiative etc as akin to Silicon Valley for tech.

Yes, I think you may have.

Wait for Obs to turn up to give you a run-down. Per this title and what you are seeking to know is interesting - we started on it and it is still-in-progress.

Unfortunately, Kiran [KDNC] is not as chatty as our Founder?

dsfat

We were discussing PLS - from your link people can see, on the right the sp and the mkt cap: A$1.2 billion. In £*s, quite akin to Solgold*s mkt cap now although it is lithium to copper/gold.

So, you are also looking for the next big one?

On the discussion, we had only got to A$240m mkt cap threshold currently for W.A. lithium per A40, near KDNC*s Picasso [peer neighbour - near]?

Paul Johnson is a resource investor [background: accountant per his tweets etc?]. Mr Johnson tweeted some interesting insights, 2 hrs ago, Thur 28 Mar 2019.

Quote:
"Junior resource shares offer life changing opps. They come with Severe cycles & Extreme HIGHS & LOWS. Where do you think we are now?"

Click open the tweet thread:

"actually its been 14 years & it has been a rollercoaster ride of cyclical ups and downs."

Link: https://twitter.com/pauljohnson9691/status/1111187758234648577

Comment:
Paul Johnson from the limited info available publicly made it in GGP which he bought in at the low 0.13p. It helped that he brought in the new man and they changed direction ie project from EG [legacy] and presto. The stock went to 2.25p. Rings a bell? Yah, like REM days.

The road to instant wealth - life changing opps per Paul Johnson - unfortunately they come round only 1 or twice in a lifetime after hard work of searching for the next big one. Sometimes, it can also go wrong or has a delay etc.

Per last interview, Johnson mentioned his portfolio and it was interesting.

On topic as the case in point of what people want to know. Once REM went from 0.04p to 2.25p due to the Sonora project - BCN*s rejection of the REM-KDNC bid put the skids on even though it was priced at 88.5-£1 [fair value?].

The story of REM yesterday and tomorrow - that will be some time to come and depends on so many factors?

Rather typical of all junior miners from top quartile to mid-quartile, now made more difficult with banks not in the mood to lend yet?

For that reason, Alan Green in his interview mentioned from recall, the 1st port must be top blue chips?

Have a nice day all.

News, Thur 28 Mar 2019

The Hasting Ann is interesting. When I last looked last night, it had not come out yet. Thank you Barksy1, rec.

Interesting to see that the ASX regulatory are akin to the Canadian one per rule book

The very detailed questions include when did X meet NAIF. In the same vein, the Canadians said on CEO.CA MMS, the regs would have wanted to see or ask more. Hence, the clarification ann. said the agreement was "material." Please check.

Further, as I said, investors are cognisant of the Wesfarmer*s hostile bid for Lynas on 26 Mar 2019 and the SECTOR rose. Further, as a result of the bid, "HAS is the NEXT rare earth mining stock [OUTSIDE CHINA] COMING INTO PRODUCTION in 2 yrs time and therefore rose significantly." This was discussed last night with Ob.

I note that the question hinges on whether it is "material" of which the answers are provided AT this TIME.

Interesting and insightful of regs.

In the meantime, I said "cheerio" from the convo of the day but Jotti [shortened, cant remember unusual long names] thinks its self-exile. LOL. Would have invited J on an open forum but perhaps the famous by-line vacuous would have been applied to analysis via value models.

Obviously, investors in Australia are more nuanced in the rare earth sector and they could identify in the ranking of projects to come on, Hastings would be a player. Investors in Canada are very interested in their project advancement, sector industry news as in $MMS [KDNC owns 10%] and Australians via Hastings.

Hastings is a legacy JV asset. If Australians are excited about Hastings, would it also not follow that old timer REM*ers would be interested that their long forgotten Hastings is now in the spotlight as said in Australia? Ref: KDNC JV with Hastings.

The basis of this strategic review is to gauge "value" or potential "value" via value metrics.

It is the tomorrow*s value that is critical. Today*s MKT CAP is either under-valued or over-valued for any co, hence the need for analysts and sharp accounting pencils.

That is the primary basis of the stock market.

News
Thur, 28 Mar 2019.

Now recorded for posterity -await news/RNS - not finished research yet but getting some idea which helps with peer review. With thanks to Observer842 - prob an accountant?

Thank you Obs, for your time and peer review.

IRR. I rather go for ROCE [Return on Capital Employed ie top rate 18-20% per Biz Fin metrics.}

As Rem*ers and old-timers of REM, let us hope this co will have another world class project in this or forthcoming portfolio. Would really be nice. Shorties will have to run for their lives then as in REM - from £1 to £95m for the potential of the Sonora project that could then supply 10% of global demand per mid as from recall?

Thur, 28 Mar 2019
News.

DYOR. IMO. Please check. Only a discussion of possibilities and probability thesis.

A new C.V height means opens new doors and higher up or same level.

News travels?

Goldman said copper will be in deficit [severe] in 2023 from recall. Others like the industry say 2020.
A.G mentioned Arden.
Might be with high grades?

Barksy1 has just posted a GGG Ann/RNS from Australia.

END OF THE DAY: Its is the NPV and a/c the MKT CAP.

You may notice from my list, that of all the co*s mkt caps, it is A40*s that is the highest at some A$240m. In Australia, many mkt caps have gone down eg GGG so, A$240m is, say, pretty high comparable and 1/2 of Kidman Resources at $500m odd.

That is where most dont get. Its about the stand-alone mkt cap of any one project!

It is QUANTITATIVE and therefore "value" modelling which translate to MKT Cap.