Member Info for observer842

You said: "I note the number 'following' us on Twitter has dropped from a miserable 62 to a farcical 57" That's the number of people we are following.

You made me check our number of twitter followers @Bannor! We currently have 2,466 followers, and are following 57 ;-)

Not you too @London74!: Ob@17 Apr '18 === If you don't understand that slide by now @maddog I don't think you ever will... OK here we go again: forget the share price, it does what it does: it's pretty much governed by us: sometimes it's below what might be considered fair, way below, and sometimes it's over, way over. Sure it's one performance measure, but it's not the one that slide is about - and probably a good job too as we don't want to put off potential new investors by the sight of a plummeting share price right? Admittedly some shareholders would be attracted by the opportunity of buying low! ;-) That slide is stating that we have demonstrably invested 15 million pounds (4 million in direct investments, e.g. the JV's and 11 million indirect, via the shares we own in other companies), and at the end of December 2017 the indirect part (easily calculable from the share price of the listed projects) was worth 25 million pounds, and that the estimated direct part (which is much harder to value) estimated on the part of our Sonora JV mined is worth around 8 million for a total of �33m. But that's not the really interesting point about that slide, it's the estimated value of $130m to us on a DILUTED EQUITY POSITION if both EMH and BCN come to fruition, based on their current PFS/FS mining rates and NPV's and from the quite small area of one of our JV's! It's mouth watering - especially when you consider just how much lithium resource we own in the Sonora JV's in total ;-) Ob. ===

It's almost as if the (unannounced) news we now have a subsidiary called Inspirit Energy Consulting (search companies house), with an accompanying website (google it), is being treated as fake by the market - or if it believes, it's certainly not that impressed! ;-) Assuming it isn't fake (surely it's for real!), this venture makes perfect sense to me - got to keep the wheels turning on our journey to commercialisation: hopefully putting an end to share price busting keep-the-lights on placings... We might even be able to organically fund the Inspirit Charger to commercialisation on the back of this venture - though I still suspect (hope!) we have a quicker route in mind. ;-) If anyone from the company is reading: get the CONFIRMATION STATEMENT submitted to companies house ASAP - it's well overdue! Next statement date 16 March 2018 due by 30 March 2018. Ob.

It was great @Si90 - very enlightening! Brought a smile to face on several occasions. ;-) Here is the link if anyone missed it - well worth the listen! http://webcasting.brrmedia.co.uk/broadcast/5acf1ed05a296618f1792506/5ae054e6715af0844c00007e

Lining up the ducks ;-)

Worth taking a read (and indeed following!) this to understand how now really could be our time: "nuClear news" (No.106 April 2018) http://www.no2nuclearpower.org.uk/wp/wp-content/uploads/2018/04/NuClearNewsNo106.pdf === 4. Decarbonising Heat About 85% of the UK�s heating comes from natural gas, which is delivered through the gas network. By contrast, electricity is generated from a mixture of gas, coal and renewables. During peak demand in the recent cold snap, wind contributed 30% of power. The mix highlights that while the country has made significant progress in decarbonising electricity supplies heating has yet to make a similar leap. ... Decarbonising gas A report on the future of gas published by National Grid said that, while a �combination of solutions� was expected to develop to decarbonise heat, hydrogen was �gaining momentum�. A report by KPMG published in 2016 also put the cost of decarbonisation through conversion to a form of decarbonised gas (including hydrogen) at about a third of the estimated �300bn cost of full electrification. But whichever technologies are adopted, the cost will remain a challenge. Domestic electricity bills include a levy which subsidises renewables (and will subsidise nuclear power). Whether carbon-free heating can be paid for with a similar levy is still a matter of debate. (4) ... The report continues: �Meeting the UK energy needs without gas or a gas network is an enormous challenge. The gas networks deliver three times the energy delivered by the electricity networks. During 2016/17 the total gas demand across the year was 884TWh compared to 284TWh of electricity demand over the same period. A future without gas would require significant changes to be made to meet the needs of domestic heating, industrial uses of gas and balancing the electricity system. Through our work, we have identified no credible scenarios without gas due to the many roles that it plays across the UK economy.� === Importantly I believe much more electricity will be required for the electrification of transport than many analysts realise. Take a read and watch of the works of Tony Seba to see what is coming and the timescales in that area. The way I see it, where gas networks exist, they almost certainly will be required for many years to come, the cost has already been sunken. I doubt many new ones will be constructed though. Come on John Gunn. Let's get this show on the road ;-) Ob.

Exactly @maidit308 - the market is pricing us as going nowhere fast. A surprise RNS announcing this consultancy venture could very well change this: especially if accompanied by funding strategy news. My suspicion (hope!) is that the self-imposed near two years of media silence will be drawing to an end any month now, hopefully started with solid credible news giving us a good chance of swaying market opinion - although admittedly I'm not even sure this is necessary any more: JG (and co) might have plans to take this to production with or without any help from the market! Connect the dots... ;-) To my humble eyes it feels like a great gamble at these prices. perhaps a 50:50 risk of success or failure, with a potential return of zero for failure, but from these prices perhaps 1 or 2 orders of magnitude for success. I'm reassured that JG stands to personally gain significantly from success, otherwise I'd be fairly worried about having it stolen from under us. However, having said that, when something seems too good to be true... If JG were so inclined I'm sure he could find a way to steal it from INSP shareholders for the benefit of OCT shareholders and himself - for example! Play nicely now John Gunn ;-) So a continued weak buy from me at the moment, topping up as funds become available - hopefully I'll be able to resist the urge to kick myself for not piling in today if this breaks a penny in the coming months! ;-) Ob.

Whilst I'm here... A couple of articles related to the charger: "The case for C&I storage investigated" (6 Apr 2018) https://www.energy-storage.news/blogs/the-case-for-ci-storage-investigated === It took a long time for commercial solar installations to take off. In fact, despite an increasing tendency for big corporations, big box retailers and vast data centres to make high profile, headline-grabbing long-term commitments on rooftop PV, you could see why many businesses, often going from short-term lease to lease on their properties, weren�t as keen to take the plunge. By contrast, on paper at least, even at this relatively early stage of its market development, energy storage could have instant appeal for a broad range of companies � and is already doing so. Over five years, commercial and industrial (C&I) energy storage in the US is forecast by IHS Markit to grow from 60MW of annual installations in 2017 to 400MW in 2022. That would mean the market reaching a total installed base of more than 1,500MW by then. With the cost of this once-expensive and no-longer-so-exotic (at least as far as the finance community is concerned) set of technologies falling, C&I energy storage can enable benefits to the customer, and even when installed behind the meter in this way can offer benefits to utilities and the grid in front of the meter. === How convenient for us that we might be coming to market at about the same time the commercial sector is starting to seriously consider energy storage - we don't call ourselves the Inspirit Charger for nothing ;-) "The energy singularity won�t be powered by blockchain" (19TH APRIL 2018) https://www.exponentialinvestor.com/blockchain/event-horizon-energy-singularity-and-blockchain/ === With this network in place, price matching, settlement and payment for energy will be automatic and instantaneous. He used the metaphor of WhatsApp to explain it. Right now you can message anyone in the world through WhatsApp. And you get two ticks when your message gets delivered, then they turn green when it�s read. In the future (the very near future apparently) buying and selling energy will work in the same way. You�ll have an app and it will work out if you need to sell, buy or store your electricity automatically. Now, you may think that unless you have solar panels on your roof that you won�t be able to sell electricity. But in this future, most homes will have battery storage, and many cars will be electric. Electric cars are basically one big battery and capable of expelling as well as absorbing electricity. === Gas to power, stored, used/sold, and with pay back times shorter than the expected life of the equipment... Oh, and you get to reduce your carbon foot print. What's not to like from a commercial point of view? ;-) Ob.

Looks like it is indeed related to us (I had my suspicions it was a fake page!) "INSPIRIT ENERGY CONSULTANCY LTD" (Incorporated on 6 February 2018) https://beta.companieshouse.gov.uk/company/11190342 === Nature of business (SIC) 70229 - Management consultancy activities other than financial management === Life left in the old dog after all eh @FallingKnife? One (credible) step closer towards commercialisation IMHO :-) http://www.inspiritenergyconsulting.co.uk/our-team === John Gunn CHAIRMAN & CEO Mr Gunn is the founder of the Company and the majority shareholder of Inspirit Energy Holdings plc, the owner of the intellectual property rights to the micro combined heat and power boiler (microCHP) which is in the course of being made ready for commercialisation. Mr Gunn is also the managing director and majority shareholder of Global Investment Strategy UK Limited, stockbrokers. Mr Gunn�s past experience in the energy industry and investment banking means that he is well placed to seek alternative investments and assist the Company with achieving its objectives. ===

Anyone heard about this? "Inspirit Energy Consulting: The Energy Efficiency Consultants" (April 2018?) http://www.inspiritenergyconsulting.co.uk/ === Part of Inspirit Energy Holding PLC ... We Set You Up for Success in Energy Efficient Technologies Our priority at Inspirit Energy Consulting is ensuring your success in your transition to energy efficient technologies. Whether you�re seeking expert knowledge on the design, marketing or sale of energy efficiency technologies to energy companies and other interested parties; we�re here to ensure that the process is well-planned and executed. Our team is experienced in a wide variety of business processes ensuring you get the most professional results every time. We are the intelligent energy consultancy. === Looks like the sort of strategy we would follow en route to commercialising the charger! ;-) Ob.

I guess it's the way we report it "Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) reports that European Metals Holdings Limited ("European Metals") (ASX & AIM: EMH) has announced the appointment of Neil Meadows as Chief Operating Officer." that confuses them. Most companies on NEX don't report on other companies.

Good spot @Barksy: someone presumably got us mixed up with EMH! "APPOINTMENT OF CHIEF OPERATING OFFICER" (11 April 2018) https://www.europeanmet.com/wp-content/uploads/2018/04/20180411-Appointment-of-COO.pdf === European Metals Holdings Limited (�European Metals� or �the Company�) is very pleased to announce the appointment of Neil Meadows as Chief Operating Officer. === unless... (I joke!)

My take on the time issue @BrownAdder is that we very likely didn't get accreditation the last time round, which meant back to the drawing board addressing their concerns - which so happened gave us an opportunity to improve the efficiency and lower the costs. However, we then needed to test it for many many hours! So we tread water, waiting for it all to come together. Which it might be about to if you take a read through all my posts and connect the dots... I'm still buying and very happy to do so at these prices - but I know it's a gamble! ;-)

The April presentation is available from our homepage. http://www.cadenceminerals.com/wp-content/uploads/2018/04/Corporate-Presentation-KDNC-April-2018.pdf @Kiran - I don't believe this on page 4: "All percentages are rounded up to the nearest percent". You report us holding 20% in EMH when under that statement it should be 21%. Also the 2020 on page 8 should be 2000 - which clearly flumuxed you in last week's presentation... Oh, and if you are indeed reading this - the colours are wrong on the San Luis map on page 23 (and everywhere that diagram has been produced - e.g. our website): there should be 4 of one colour, 2 of the other. Other than the small stuff above (!) - we don't half look good on paper: let's just hope we can translate that into share price appreciation over the coming months! ;-) Ob.

In terms of funding estimates and resulting market cap - it's worth taking a read through the align report - which I'm sure all long-term holders have: "Inspirit Energy - On the cusp of cogeneration commercialisation & trading at a fraction of replacement IP cost" (13th June 2016) http://www.alignresearch.co.uk/wp-content/uploads/2016/06/Inspirit-Energy-Align-Research-13th-June-2016-Final.pdf Bear in mind the share price when that was published has shrunken significantly from 0.41p. i.e. the upside is an order of magnitude greater than what even they were suggesting! In terms of amounts, they estimated around �1.5-2m would be sufficient to get to initial production leading to a market cap of potentially around �15m a year or two later. And in the years beyond that: $$$! Just one sniff of good news and this share will fly @FallingKnife. I hope you have you finger on the buy button should the day come: you might manage to get your hands on a few sell orders that don't get cancelled quickly enough on the rocket up, especially if it comes during trading hours, but other than that: who would sell anywhere near these levels on good funding news? :-) John Gunn, personally owns 30.95% of the company - and therefore has a very strong incentive to make it a success using whatever means available to him. Of course despite my optimism I should point out that the whole dream could have a rude awakening and us PI's lose everything. Though I think the win is sufficiently probable to continue to buy at these crazily low prices - which will only seem crazily low in hindsight to most if we get that all important funding! ;-) Fingers crossed all. Ob.

That's interesting you should say that @Bannor. I was thinking along your lines too initially until @Kiran started talking about 8% which got me investigating a little deeper. There are a few technical notes that might be relevant in the FCA knowledge base: https://www.fca.org.uk/markets/ukla/knowledge-base e.g.: https://www.fca.org.uk/publication/ukla/tn-546-2.pdf but ultimately I think it boils down to whether the BoD can be classed as investment managers as defined by the FCA. I don't know the answer to that. Their definition of an investment manager is here: https://www.handbook.fca.org.uk/handbook/glossary/G599.html === (1) (except in LR) a person who, acting only on behalf of a client: (a) manages designated investments in an account or portfolio on a discretionary basis under the terms of a discretionary management agreement; or (b) manages designated investments in an account or portfolio on a non-discretionary basis under the terms of a non-discretionary management agreement. (2) (in LR) a person who, on behalf of a client, manages investments and is not a wholly-owned subsidiary of the client. === And then you start clicking on other definitions such as "client" and you are down a rabbit hole. It's clear to me that in our context "person" is one of the BoD, but "client"? Good luck figuring that one out! ;-) https://www.handbook.fca.org.uk/handbook/glossary/G156.html As you say, probably best we (I!) remain uncertain on this until someone proves otherwise or we hear it from the horses mouth! ;-) Ob

Well since we are plucking numbers out of the air: I reckon we have around 19-21 million in listed companies, around 1 to 2 million in cash, and around 4 million in debt. If you want to value our direct assets at 0 (I don't, but you might want to), then that's in the region of net 17-19 million or a share price of 0.22p to 0.24p. i.e. our share price is currently backed by these assets. And this value alone could be expected to improve over the coming weeks and months as BCN achieves funding and EMH resolves its political issues. If you disagree, how about you dispute it on the respective LSE boards, I'm sure you'll be welcomed with open arms ;-) That leaves the direct assets we own. The 30% Yangibana, 30% Sonora, 10% Leogang, 100% Greenland, up to 100% San Luis. All pretty much valued by the market at zero. Makes this share a good bet, and even better once the San Luis permits are granted! Potential cash flow to KDNC in a few years - not your 7 to 10... And once it becomes obvious that those Sonora JV's will very likely come into play sooner than most think, as they nearly did with NextView on board, then we are talking $$$ ;-) It's just a matter of time... But of course it could all blow up in our face: neither BCN or EMH could make it to market, and the San Luis permits never granted. What was it @Kiran said in his presentation? A few in 3 thousand make it? Of course they are both significantly de-risked from greenfield! I'll be extremely surprised if neither do, and quite surprised if both don't. Lithium demand is going to surge in the coming years. Beyond almost all projections. That I'm certain of. Ob.

If you don't understand that slide by now @maddog I don't think you ever will... OK here we go again: forget the share price, it does what it does: it's pretty much governed by us: sometimes it's below what might be considered fair, way below, and sometimes it's over, way over. Sure it's one performance measure, but it's not the one that slide is about - and probably a good job too as we don't want to put off potential new investors by the sight of a plummeting share price right? Admittedly some shareholders would be attracted by the opportunity of buying low! ;-) That slide is stating that we have demonstrably invested 15 million pounds (4 million in direct investments, e.g. the JV's and 11 million indirect, via the shares we own in other companies), and at the end of December 2017 the indirect part (easily calculable from the share price of the listed projects) was worth 25 million pounds, and that the estimated direct part (which is much harder to value) estimated on the part of our Sonora JV mined is worth around 8 million for a total of �33m. But that's not the really interesting point about that slide, it's the estimated value of $130m to us on a DILUTED EQUITY POSITION if both EMH and BCN come to fruition, based on their current PFS/FS mining rates and NPV's and from the quite small area of one of our JV's! It's mouth watering - especially when you consider just how much lithium resource we own in the Sonora JV's in total ;-) Ob.

"Kiran Morzaria, Director & CEO - Cadence Minerals (KDNC)" (16 Apr 2018) https://www.youtube.com/watch?v=HMqhj_PS5yY === Cadence Minerals (KDNC) - Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale � upcoming supersized passenger vehicles, lorries and buses � require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over �20 million vested in key assets globally, Cadence is helping us reach tomorrow, today. === Good presentation - did he say we own some shares in SQM? Interesting! ;-)