Member Info for news

Per today*s GGP RNS, Tues, 13 Mar 2019 @7am:

1)Drilling to begin in April, 2019 with Newcrest as operator.

2)First right of refusal in favour of Newcrest re: Black Hills, Paterson Range East. Not sure about Scallwag, Saddle*s Reef, all of which are nearby to Havierion, Paterson Province, Western Australia [JV Farm-in by Newcrest]?

More to come?

"Alliance Minerals-Record Qtr [Mar 2019]..."-14 mins ago, Tues, 12 Mar 2019. #lithium

https://twitter.com/HC_Haplo/status/1105473210303209473

Who are Alliance Minerals on ASX, Australia?
Remember the High Profile Bald Hill, Western Australian lithium mine. KDNC recently signed agreements into 3 Australian lithium assets, one of which is PICASSO, near Bald Hill.

The RNS as above re: Investment Proposal in Oct 2016 was at the time after the results of HOLES 16-17 from recall.
GGP*s JV is after HOLE 9 at Havieron, Paterson Province, Western Australia [RNS Tues, 12 Mar 2019]

today, Tues, 12 Mar 2019.

Here*s what everyone had to say pre & now post RNS as above:

1)Gervaise Heddle, CEO, GGP on BBR Media: "GAME CHANGER. Spent a LOT of time with Newcrest."

2)) Paul Johnson, Early Investor: "Where it all started for GGP-acquisition of Havieron licence." -6hrs ago.

3)William Langley, Geo at Hartley*s: "Patterson just keeps heating up."- 3 hrs ago

4)Primorous CEO via 2nd GGP RNS today: "Vindication of that strategy & will prove t r a n s f o r m a t i o n al for GGP and value accretive for the co." [Primorous - Investor in GGP]

5)David Lenigas, Investor and ex-Chairman of Artemis [next door to GGP*s Havieron]: "This morning*s news release by Greatland Gold on their Havieron deal with Newcrest is exactly what I thought would happen." - 6hrs ago.

6)Fraser MacCorquodale of Newcrest:"We are excited to partner with Greatland Gold on this opportunity. Paterson Province is a great place for gold copper ore bodies. Leveraging our existing operations at Telfer represents an opportunity to create v a l u e for BOTH co*s." - Courtesy of Andrew Neal on Twitter, 2 hrs ago.

7) Proactive Interview with Gervaise Heddle today: "Tremendous opportunity."

8) Investors in Greatland Gold as recorded on this London South East Forum GGP: The dots: News Gap & Funding calculation as opposed to Twitter*s comment on "do the maths" - GGP RNS recently said they had £4m in the bank from the £6m from the last a/c a f t er the Havieron drilling program.

Research from Telfer, Winu, Oak Dam vs Havieron was proved right about the drill results peer group comparitives as is norm.

Comment:
The above can all be found on Twitter today, Tues, 12 Mar 2019 after the RNS as above.
One for the history books.

joint venture deal with Greatland Gold."- Kitco News, 12 Mar 2019 [Reuters].

Quote:
"Newcrest intends to process any o r e from the Havieron site at their nearby Telfer mine, the co said."

"Greatland Gold*s exploration todate has intersected s i g n i f i c a n t mineralisation [neaby] Telfer*s extensive infrastructure and processing capacity, Newcrest Chief Development Officer Michael Nossal said in the statement."

To read, call up the title. The story from the Newcrest camp. This GGP JV follows almost immediately to Newcrest*s takeover of Red Chris for US$804m for a 70% interest.
Tues, 12 Mar 2019

Abal Group plc: Mr Treachy - Non-Executive Director
By the way, all 3 of his shells inclusive of Abal had in-coming news.
So, at Abal Group plc, one has to wait to see who is the new CEO & CFO etc.

Tues, 12 Mar 2019
Present

at H a v i e r o n."- RNS, Tues, 12 Mar 2019 at 7am.

Comment:
As Newcrest comment in one recent article relating to Paterson, Western Australia recent discoveries, there is infrastructure advantages. This is mentioned in the above RNS ie "significant r e d u c e d capital costs."

For history - Greatland Gold*s [LON:GGP] Havieron, Paterson Province, Western Australia has been farmed-into by Newcrest AFTER only 9 HOLES DRILLED which included world class intersections & grades.

What an excellent RNS and turnout for investors.

Tues, 12 Mar 2019.

Barksy1 has just posted on the main KDNC forum re: HAS Mar 2019 with thanks.

In essence:

1)NPV A$447m
2)IRR 28%
3)P A Y B A C K: 2.6yrs
4)Boatu SkyRock- contract signed for 5 yrs
5)KFW B A N K- Strong support for UKF concessionary finance LOAN
6) Production 2Q 2021
7)German OFFTAKE-THYSSENKRUP, negotiations with other T1"S.
8)Highest NdPr content at 41% TREO
9)Annual f r e e cash flow [pre-tax]-$137m
10)Capital Cost $427m
11)3 Chinese Off-take MOU*s signed {Yangibana Development History]

Tick.
Mon, 11 Mar 2019.
Can*t say not excellent?

KDNC who owns <5% of Bacanora Minerals Ltd [LON;BCN] saw shares of BCN fall from £1.33 [on 21 Jan 2018 via the London South East share chart] to 12.5p [-19.87%] today with a market cap of £16.81m. This is the ALL time low for the 3 yr chart of BCN.

On the other hand, Europe Metal Holding Ltd [LON:EMH] held at 17.5p with a market cap of £25.66m and subject of a broker note today, Monday 11 Mar 2019.

Two days ago or so, both BCN and EMH were around the 17-18p range.

BCN has an NPV of $1billion+ whilst EMH $540m. So, relative to BCN, EMH*s mkt cap is much higher viewed from the NPV relative angle.

There has been no "Speculation" or clarification RNS as it was in the days of REM plc in such a case ie why the fall the market chatter etc?

From the BCN latest RNS, it said that funding is now in the hands of Citigroup etc with a possible date of H2, 2019 adjusted from Q1, 2019 from recall. Please check.

This records the historical share price action of KDNC*s two largest shareholdings. KDNC owns some 19% of EMH and <5% of BCN.

Mon, 11 Mar 2019
DYOR.

observer842-
Your print out of part of the EMH broker note today.
"IRR 30%"

That*s bettttteeeer.

Observer842- I recommended your post on EMH relating to the WH Ireland broker note link with thanks. KDNC owns some 19% of EMH.

11/4/19

One thing I am sure of, from a personal point of view. I would not have the nerve to print a story in the Times Business or FT that Cadence Minerals Ltd, £8m mkt cap is an institutional investor?

I would be expecting a blackmark and probably the sack the next time for redundancies. They dont stand for too much from my experience?

Just my opinion though. Maybe useful to email the Editor of the Financial Times/ Times Business to confirm.

"What is the difference between an institutional investor and an individual?"
Online Q.
Answer:"The difference is that an non-institutional investor is an individual and an institutional investor is a type of entity
: a Pension Fund, Mutual Fund Co, Bank, Insurance co or any other Large Org."

BACANORA MINERALS PLC-Major shareholders
https://www.marketscreener.com/BACANORA-LITHIUM-PLC-12445225/company/
Cadence is listed as Cadence MINERALS Ltd whilst some like Blackrock etc are asset management co. I dont think the list is correct.

Per NASDAQ:
For example Kraft Heinz https://nasdaq.com/symbol/khc
Click "INSTITUTIONAL HOLDINGS" on left of page: "Ownership 13F Filings"
One can see the list of institutions and at the top is Berkshire Hathaway Inc, Vanguard Group Inc.

Comment:
When I heard new institutional holdings called tutes in America, I wonder where. It appears to be a stretch of the word if Cadence Minerals were to become an institutional holder. Maybe, if they got a couple of £100m, yeah ok but then they might have to change their name to Cadence Asset Management?

garyn @13:31 pm, Mon 11 Mar 2019 has realised that is NO NEW institutional shareholder for BCN as I quoted from the RNS. BTW, Cadence cannot be considered an institutional shareholder but rather an investor?

Per "garyn" at 13:25pm, Mon 11 Mar 2019: "BCN-..we recently saw a new INSTITUTIONAL shareholder."
========
Per BCN RNS:
16 Oct 2018-Cadence Holding RNS
13 Dec 2018-Blackrock USA selling down from the 10%+ to 1/2 approximately but please check exact details.
17 Jan 2019-Cadence lowered holdings to <5%.

Q: Who is the new institutional holder?

Per Observer842 at 12:44, Mon 11 Mar 2019
==============================
Quote: Ref: REM plc $15m Loan note as at 9 Aug 2016.
"We were SUBSEQUENTLY told wa to help in the "unsolicited non-binding indicative proposal @100p which was PUBLICLY REBUTTED by BCN on 30 Sep 2016."

Comment:
Now, that is the story of the REM plc takeover of BCN at 88.5p with the above backing etc.

With great thanks. Highly recommended.

observer842
===========
Ah, that was what REM plc sought the $15m loan note for as at 9 Aug 2016.
"Conditional agreement for $15m loan note."-FT, 9 Aug 2016.
Thank you.

Also for his Lordship*s family.

Alas, what a sad story.

Per KDNC methodology in the past: An RNS re: speculation. A sensible measure.

This is in relation to BCN currently as a possible measure. Or like Nemaska, the CEO gave an interview and did not remain silent. Silence tends in general to led to speculation, hence, it would be most helpful for a clarification RNS?

Observer842

For the link per your request re: 70-75% NPV for M & A copper.
www.solgold.com.au/investors-center/

"Paradigm Capital: Cascabel : Time for the M & A spotlight."

On clicking the above, it does not produce the note.

So, I went to the search engine and put in the title hoping I would get to read it. Viola, it turned up.

The final conclusion:

A project RISES or FALLS on its own MERITS @ $$$ / metrics/benchmarks/% etc etc.?