Member Info for observer842

Absolutely @EV!

Looks like 4 drill holes in one of our JV tenements in the latest drill program.

https://www.groene.nl/artikel/de-oplaadbare-samenleving

Personally think the wider market hasn't cottoned on that Ganfeng is no longer planning a stage 1 of 17.5ktpa lithium carbonate for 4 years then a stage 2 of 35ktpa in Sonora. At the end of last month they quietly revealed they are now planning 50ktpa of Lithium hydroxide in stage 1 which is massive news for our JV... Web searches only show up here and reddit that appear to have seen this.

https://www.reddit.com/r/CadenceMinerals/comments/tswuyl/ganfeng_annual_report_presentation_sonora_phase_1/
http://www.ganfenglithium.com/ir_detail_en/id/2477.html

Now that's a golden research based buying opportunity if I ever saw one, and buying I have been...

Only @Kiran bought shares on Friday and reported yesterday, maybe the other BoD members bought Friday or are planning on buying this week and we'll get RNS notifications if so. But it's possible that they are unable to, as they may be in possession of inside information.

lol @Bannor. It happens in small companies with lots of different projects and potential conflicts of interests. Any other BoD member I'd be suspicious that they knew more than they were letting on, but Kiran just seems so squeaky clean that he probably puts his fingers in his ears and la la's if any of the other BoD try to tell him. lol. Of course we could get RNS's for the other BoD member this week to dispel this theory! :-)

Now tail end of July.

Very good presentation - he's told us what is going on in most projects, perhaps reiterating to the market the possibilities, should news land to absolve himself? lol. Additionally @Bannor: I'm not saying this is the case this time, but it is possible that the other members of the BoD are involved with something which he is only aware of, in the same way we are aware that we are in conversation or would like to be with various parties, but not sufficiently involved to be classed as inside - I'm sure you remember a previous occasion when this happened.... lol

https://www.reddit.com/r/CadenceMinerals/comments/u1f2f4/shares_magazine_investor_evening_presentation_by/

Both continuing to rise:

https://www.lme.com/en/metals/ev/lme-lithium-hydroxide-cif-fastmarkets-mb#Price+graph
http://www.dce.com.cn/webquote/futures_quote_en.jsp?varietyid=I

freight down...

With so much news to come in the pipeline it's not surprising really! Follow the links for better formatting, corroborating links and much more information!

https://www.reddit.com/r/CadenceMinerals/comments/u0wqy8/weekly_discussion_thread_upcoming_news_icymi/
https://www.reddit.com/r/CadenceMinerals/comments/u0wqy8/comment/i4a0yb0/
===[
Amapa Iron Ore: First right of refusal to increase ownership stake from 27% to 49% of a project that had discounted cash flow valuations of $1.2B Anglo & $1.66B Cliffs and an initial valuation when purchased by Anglo of $3.2B in 2008 with anticipated news flow over the coming weeks in the run up to the PFS due in July, including: continued shipping of stockpiles; rehabilitation progress; financing & off-take; agreements reestablished to increase mine life; state-off-the-art loader proposals.

Sonora Lithium: In conversation with Ganfeng regarding KDNC's 30% JV's. Details on Ganfeng's optimisation and expansion ambitions and potential impact on KDNC of massively increased stage 1 plans to 50ktpa of Lithium hydroxide and beyond forthcoming, including strategic OEM investments.

LT/LS Lithium: Finalisation of agreement to sell 31.5% stake worth up to £3.72m to KDNC. Interview explaining decision to reduce risk whilst maintaining exposure to both the upside of the buyer's success and of the expected Lithium supply shortfall.

Yangibana Rare Earths: Sale/toll agreement/conversion to HAS shares or other value realisation agreements including whether Hastings plan to officially bring KDNC's 30% JV forward in the mining schedule from years 12-15 as suggested in July 2021.

EMH Lithium: DFS/partner/offtake/funding announcements for phase 1 of the project.
]===

You probably read it in the recent BCN financials @Bannor, if not earlier, though these things change... pretty sure certain sectors of the Mexican government now have their eye on all lithium projects under development or otherwise.

https://bacanoralithium.com/_userfiles/pages/files/documents/bcn_annual_report_2021.pdf
===[
However, the bill makes an exception for existing concessions that are under development, such as those held by Bacanora, from these changes.
]===

For the benefit of those new looking in, there is more on Sonora in one of the comments in this post:

https://www.reddit.com/r/CadenceMinerals/comments/teo9dk/due_diligence_lsekdnc_cadence_minerals_asset/

And the conclusion at the time was that the Tesla agreement was going to be using those reserves, as BCN were clear that the LV reserves were for Asia. There were two pits. It's only in recent times they merged the mining plan. Nothing to stop them mining the two pits simultaneously, and meeting in the middle...

I think new investors looking in will be surprised to find there are 839kt of Sonora Lithium reserves associated with KDNC.

https://www.cadenceminerals.com/projects/sonora-lithium-project/

You're on my wavelength @Bannor... ;-)

@Fireball60004 What do you get with minimal share dilution and aggressive organic growth?

On the off chance @Kiran hasn't seen it...:

Page 57 of the accounts published last week.

https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0331/2022033100303.pdf
===[
Sonora lithium clay project Sonora Province, Mexico Phase I production capacity of 50,000 tons of lithium hydroxide
]===

Absolutely @EV. Note also that @Kiran has yet to comment on Ganfeng's recently revealed plans to increase stage 1 production from 17.5ktpa LCE to 50ktpa hydroxide...

"A new asset of this size ... would probably cost $1.5B to construct from new". From previous announcements we are looking at maybe $200m CapEx, a proportion of the equity element of which I expect will come from KDNC to take us to 49% holding. This really is an incredible opportunity. Happy to have added this week, and continue to add below the open offer price :-)

"Lithium, Electric Vehicles and Cadence Minerals with Kiran Morzaira" (07/04/2022)
https://ukinvestormagazine.co.uk/lithium-electric-vehicles-and-cadence-minerals-with-kiran-morzaira/
===[
The UK Investor Magazine was thrilled to welcome, Cadence Minerals CEO, Kiran Morzaria, to the podcast for a deep dive into Lithium, Electric Vehicles and Cadence Minerals.

We drill down into the Lithium market and where Cadence Minerals sits on the global stage.

Kiran provides deep insight into the global lithium market as we explore the upcoming supply deficit set to take hold from 2025. With prices Lithium soaring, we look at the longer term projections and the dynamics of Lithium spot prices.

We analyse the current requirements of Electric Vehicle market and how companies like Cadence are working to meet these needs.

Cadence has two Lithium projects Kiran presents in detail.

We finish by touching on Cadence’s flagship Amapa Iron ore project and what investors can look forward to after Kiran’s recent trip to Brazil.
]===