Member Info for observer842

How did you determine it is Trombetas? I can only see PTR-BR, which presumably means a port in Brazil (PTR being Port Terminal Railway)

Good spot @tomcat. Also shows ships can just turn up with little notice. Any idea where HB TUCUNARE is going?

An update from the BoD is certainly overdue in my opinion @Ivy! This could indicate a conclusion of sorts is imminent.

Earlier news on this topic from January. Quite exciting for our project! Might turn out delays in reconstructing the port could be beneficial to us after all! Every cloud and all that ;-)

"Pilotage of Amapá proves viability of the operation of large ships on Santana Island" (01/27/2020)
http://www.revistaportuaria.com.br/noticia/20402
===[
“From the limitation of ship entry of up to 203 meters, we move to 290 meters, a gain of almost 50%. With the bidding of Companhia Docas de Santana (CDSA) and the construction of the two terminals at the mouth of the Matapi River, in Anauerapucu, the economic value of waterway operations in this region considerably increases, because the port will operate without the restriction that the evolution basin imposed. It limited the size of ships.
]===

Another version of this story confirms it's recent news :-)))

"Larger ship operations in Amapá are simulated at the University of São Paulo" (August 5, 2020)
https://www.sopesp.com.br/2020/08/05/operacoes-de-navios-maiores-no-amapa-sao-simuladas-na-universidade-de-sao-paulo/

Doesn't answer the question (or does it!?) and would presumably apply to our rehabilitated port too - very interesting!

"Larger ship operations in Amapá are simulated at the University of São Paulo" (April or August 2020)
https://www.diariodoamapa.com.br/cadernos/cidades/operacoes-de-navios-maiores-no-amapa-sao-simuladas-na-universidade-de-sao-paulo/
===[
New port operations in Arco Norte may receive the seal of the Brazilian Navy and boost cargo handling capacity in the port of Santana by 50%.
...
Another pilotage investment was the survey of the surroundings of Ilha de Santana, in front of the port, which indicates the possibility of a route for the arrival of large bulk carriers. Today, vessels up to 203 meters in length (Handysize) turn in the evolution basin to dock, but the area prevents the maneuvering of larger ships. With the new route, the ships will already line up with the port's berths, eliminating the need to turn in the basin. This will allow bulk carriers to enter the 235-meter range (Panamax), with two more cargo holds, bringing significant productivity gains.
]===

I'm beginning to wonder if the appeal against us which was partially upheld has scuppered the net $10m shipment plan? Though I can't see why it should have, but you never know! Perhaps shipments were put on hold pending outcome of the negotiations with the banks as these were deemed drawing to a close one way or another?

As expected, nothing in port on the 6th, and now nothing expected until the 20th according to the various sources below. Which begs the question why? Holidays? Lock down? Repair? Upgrades? Secret shipment of ore? LoL! Anyone got research which points to one of these, or something else? I find it odd that we, apparently, had a port slot (TBN, to To Be Named Iron ore 45kt to China) which was shifted a couple of times and now no longer appears on any of the links below, despite the courts appearing to recently ratify that net $10m of ore could be shipped.

===========
Satellite links:
Shows nothing in port on 6th August:
https://apps.sentinel-hub.com/eo-browser/?zoom=18&lat=-0.06071&lng=-51.16732&time=2020-08-06&preset=1_TRUE_COLOR&datasource=Sentinel-2%20L2A

High resolution, but unknown date:
https://satellites.pro/Brazil_map#-0.061670,-51.167402,19

Port links:
https://serveporto.com.br/macapa/
https://www.myshiptracking.com/ports/port-of-santana-in-br-brazil-id-6679
https://www.vesselfinder.com/ports/SANTANA-BRAZIL-3030
https://www.marinetraffic.com/en/data/?recognized_next_port_in|begins|SANTANA|recognized_next_port_in=2476
https://www.fleetmon.com/ports/santana_brsan_2955/
http://www.docasdesantana.com.br/index.php/component/content/article/13-informacoes-operacionais/programacao-de-navios/308-ano-2020

For what it's worth @Frankie - I'm no longer in the "hope the price drops so I can buy more" camp. I recently reached my target which over dectupled my historical pre-consolidation holding. That's some serious "doubling down" on my behalf, and might explain why I've put a fair amount of research into this company which I'm happy to share! :-)

Oh, I do like a good gamble. :-)))

"ShareCafe "Hidden Gems" Webinar - 7 August 2020" (7 Aug 2020)
https://youtu.be/Mv-jPbv65iY?t=2385

Cheers @Barksy. Here is a link to the EMH section of the webinar:

"ShareCafe "Hidden Gems" Webinar - 7 August 2020" (7 Aug 2020)
https://youtu.be/Mv-jPbv65iY?t=2385

The last project update was a month tomorrow. Will we, won't we receive a further update tomorrow? The tension is starting to hurt, and I'm normally quite patient, but I'm feeling it this time round as good news soon and our share price should increase substantially. Great news and it could go ballistic. Poor news and our share price will certainly decrease. Really poor news and I dread to think what new lows we might reach...

IMHO of course. See - I can be balanced! ;-)

"Amapá Project Update" (7th Jul 2020 13:33)
https://www.lse.co.uk/rns/KDNC/amapa-project-update-d13lcu28ltuj1kh.html
===[
The parties are in active discussions concerning a settlement, and we look forward to updating the market in due course.
]===

Note the announcement was made in the afternoon...

The DCE day session improved slightly on the earlier evening session to finish 2-3% up.

Custeel now reporting the spot above $120/t :-)))

http://www.custeel.com/en/csi.jsp
===[
Date Seaborne index 62% Fe fines Seaborne index 65% Fe fines
2020-08-06 120.65 129.65
2020-08-05 117.15 125.65
2020-08-04 117.35 125.95
2020-08-03 116.25 125.25
2020-07-31 111.75 122.75
]===

Indeed @Barksy. I truly believe that on the right news and the right publicity our share price could go absolutely ballistic on the back of iron ore prices.

Which Friday?

According to cme group futures now above $85/t out to the end of next year. :-)

https://www.cmegroup.com/trading/metals/ferrous/iron-ore-62pct-fe-cfr-china-tsi-swap-futures.html

Probably a little higher after today's (China's evening) session.

DCE night session (start of next day) finished around 2% up off a previous flat session, meaning the spot is now likely nudging $120/t :-)))

http://www.custeel.com/en/csi.jsp
===[
Date Seaborne index 62% Fe fines Seaborne index 65% Fe fines
2020-08-05 117.15 125.65
2020-08-04 117.35 125.95
2020-08-03 116.25 125.25
2020-07-31 111.75 122.75
]===

I happened to spot it on the KDNC home page:

https://www.cadenceminerals.com/

Just spotted we have a July corporate presentation. Apologies if already posted - I don't remember seeing it:

https://www.cadenceminerals.com/wp-content/uploads/2020/08/Corporate-Presentation-KDNC-JUL-2020-PUBLIC-1.pdf

Thanks @Bannor. Reassuring to see that PrNd has been staging a bit of a recovery of late:

http://www.asianmetal.com/RareEarthsPrice/RareEarths.html
https://tradingeconomics.com/commodity/neodymium