Member Info for observer842

How much we have to contribute to take our holding to 49% has yet to be revealed, but there is various evidence to suggest it might be as little as $24m. The latest corporate presentation mentions an equity element of between US$24-50, but this higher range could be as a result of deteriorating market conditions at the time of its release, and doesn't necessarily indicate that $50m (or even $24m) from us will be required - as it's at the project level. Additionally it might bear no relation to our option to go to 49% whatsoever. So in summary - we don't know! lol.

https://www.cadenceminerals.com/wp-content/uploads/2021/06/Corporate-Presentation-KDNC-JUNE-2021-1-1.pdf

Sounds about right @flundra. But given we've been waiting over a year for this stage of the process to complete which just has, I'd very much hope we'd see the next RNS in days/weeks, not months/next year! ;-)

Those new looking in might want to start their research by reading this post:

https://www.reddit.com/r/CadenceMinerals/comments/q5ls85/weekly_discussion_thread_upcoming_news_icymi/

I'm happy to answer any questions! Here or there.

He said $660m - finally! LoL. He also also said $140/t. This is likely closer to $155/t following the overnight rise on the DCE :-)

Indeed @EV. Credit committees were the critical path. Now cleared ;-)

Indeed @EV. 20% news could land this week, today even... ;-)

And iron ore up significantly overnight... :-)

Indeed, this vastly improves our hand - the Sonora lithium project contains 1,478kt of LCE resources associated with KDNC residing in our Mexilit JV :-))) This is a vast quantity of lithium which the market appears to be attributing very little value to KDNC, choosing instead to believe that Ganfeng will stick with BCN's 17.5ktpa/35ktpa plan. Yeah. Right. ;-)

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

Indeed - DCE just closed 4-5% up across the board on the first day after the holidays. :-)

Except we haven't paid for a dime of the exploration in Yangibana due to the free carry to BFS, so perhaps no wonder they are focusing on their areas. :-)

We've got 30% on mining licence M09/161 (Bald Hill North), and you'll see from Figure 1, the 2021 Drilling Area JUST overlaps into it. lol.

And a smidgen of ours ;-)

Fantastic!

LoL. Do you know if @Kiran is reading over there? There are some articles he REALLY needs to see. e.g. the Joe Lowry post. Hold on to those JV's for dear life Kiran! LoL. ;-)

Oh, is that what it is called? LoL.

@DeputyDawg38 "One of our main poster declared that they would stay on this platform as they enjoyed the none hidden / openness of it when they were invited to join pro-board Rem mies... Oh how times and values change."

I declined the invite as it was closed doors, and still is as far as I'm aware. However, if anything, this site is even more closed than ribbit as it occasionally forces you to log in to READ posts, where this is not necessary on rebbit, anyone can read what I write - just choose desktop mode if you're viewing on a mobile and you don't want to download the app!

Anyway, horses for courses ain't it - this site is good for some things, that site is good for others. ;-)

Ob.

Dispatch Conclusions, followed by a Conclusions for Decision in Extrajudicial Title case. Could be crunch time... :-))))

@MBW you don't have to sign up to read, but you do have to view in "desktop mode" if you are using a mobile otherwise it will force you to, so it seems...

Didn't seem to be.

Swapped piers at the end of last month @tomcat.