Member Info for observer842

Oh I know with as much certainty as I can know that an RNS is coming @RG33! Which one, and exactly when I couldn't say - though I'd say Amapa PFS is looking most likely as we have had no indication that has been delayed, though the Sonora beans must be a close second to being spilled - but then again, the HAS term is presumably just about up, so perhaps that? lol.

It's a brand new, never seen before, circa 600 page straight to PFS skipping publication of a scoping project @Zoom. Hopefully relatively low CapEx and OpEx, leading to a decent IRR and NPV. The wider market could be quite surprised at what little ol KDNC has up its sleeve, especially if we can fund to 49% without tapping shareholders. Now how might we achieve that? lol.

Website updated, including more pictures added to Amapa and to the front page. News imminent I'd say - and with iron ore rising and freight continuing to fall, could be well received by the wider market :-)

https://www.cadenceminerals.com/
https://www.cadenceminerals.com/projects/amapa-iron/

Cash and royalty would be ideal, though I'll settle for more cash if it pays for Amapa ;-)

Indeed - non NA companies will be bought out of Sonora IMHO. A deal has already been struck IMHO. You simply can't get this far with a plan not having basic agreements in place IMHO. Kerry would have turned his nose up at it IMHO. Nope - Sonora will be sold, not stolen. IMHO...

Indeed @Bannor, as I keep saying, Sonora appears to be a free bet at the moment which I'm sure many more investors and gamblers alike would take if they were aware and knew the facts, regardless of any ramping speculation into the 100's of millions. lol. Who? Me? ;-) Personally I think it's just a question of how much we get up front in cash, and how much we have left in the game, if any, and what form it takes if so. Time will tell, hopefully very soon. Really is quite hard to know which of our imminent news is going to land first! ;-) Continuing to add this week.

6 months old - but not much has changed to make it worth my while updating:

https://www.reddit.com/r/CadenceMinerals/comments/vpr5w7/due_diligence_lsekdnc_cadence_minerals_asset/

The Sonora lithium reserves which we hold a significant % of are a "Cornerstone" @jimb. "The project to exploit the lithium reserves found in the Sierra municipality of Bacadehuachi is the cornerstone of the initiative called "Plan Sonora""

Food supply and demand does not equal lithium supply and demand, therefore I call reductio ad absurdum. lol.

lol, it's an example of supply and demand and why blinking first or early isn't necessarily the best decision in a tight market. Though having said that and using the same numbers in the example, even 2 customers per producer pans out similarly best to wait. An average of 3 customers for 2 positions initially with 6 customers for 2 positions for the last producer.

If there were 12 customers and 4 viable producers, that is an average of 3 customers bidding against each other per producer. Pretty good. But if 3 of the producers reach agreement, that leaves 9 customers bidding against each other for the last one. Even better ;-) Economics 101 surely? lol.

Will the circa 600 page PFS land before or after the long weekend? Exec summary during the week, full PFS on Friday at 12:30? Looking forward to seeing the CapEx, IRR, and NPV of this beast. Got to be significantly more attractive than our peers starting from scratch! :-)

50,000 units. That's a lorra lithium! It's incredible the market doesn't appear to want to gamble that some's gonna come from our JV areas, meaning adding now feels like a free bet to me. Not surprising I guess since the wider market thinks Ganfeng own 100% of Sonora which also includes Ganfeng in some of their reporting... Feels pretty much inconceivable to me that KDNC isn't involved in the Sonora plan in some shape or form.

Indeed. If the market wants to continue to value Sonora at near nothing and remain blind to the possibilities of company making news from both Sonora and Amapa landing imminently, and likely within a month, then it can be my guest. I got a nice chunk this week :-)

So who's got after hours today? Ala BCN. I'd certainly prefer that to having an hour to digest it, or worse still, during market hours! ;-)

Oh look what got added to the front page of the KDNC site today:

https://www.cadenceminerals.com/

"Anticipation builds for Cadence Minerals as Amapa PFS prepared" (08/12/2022)
https://ukinvestormagazine.co.uk/anticipation-builds-for-cadence-minerals-as-amapa-pfs-prepared/

Such a tease! lol. Got to be imminent right? RIGHT!??? And with iron ore on a roar, and shipping continuing downwards... well ;-)

Any of the LTH's got a link which proves Tesla have had plenty of samples from Sonora - I know they have, but hard to search for the evidence as we weren't allowed to mention them by name! Lol.

Pretty compelling argument @EV! :-)))) Sounds like we'll be the last to be told for sure. Just very decent speculation until then I guess. Suits me at this price ;-)

They've had samples right? Right. Lol. Market is totally clueless to what might be about to land ;-)

No rush @EV. Loving the opportunity to add below 10p. Again! Market completely blind IMHO ;-)

Mind-boggling @tomcat. So much news on the horizon this month and early next month! ;-)