Member Info for tomcat-14

I wouldn’t call that speculation and definitely not wild… it’s in the rns…

https://www.lse.co.uk/rns/KDNC/interim-results-n0j1lv5uue5lxid.html …

The immediate focus of the Amapá Project is financing the next stage of development, a goal to which all the partners are fully dedicated. We believe this should be done via a trade sale or a joint venture with a highly experienced mining operator…

 

We are actively working towards this goal and are currently discussing with potential joint venture partners. These processes take time with extensive due diligence and contract negotiations, and we know that shareholders want to be informed about the detailed progress; however, for commercial reasons and listing rule requirements, we will only announce once a material contract has been executed…

The new slide on page 7 should raise a few eyebrows… there’s not a lot of deposits in the small orange band (bottom right corner) worldwide… excellent opportunity for someone…

Thought i’d take a look-in at the renewable energy source and power lines installed… success.intermediate.neutrals …

and noticed all these stockpiles ready to ship at the train loading area… diggers.mindfully.trudges …

Only one milestone left to ✅ on page 16… and only 3-weeks left to 🎅🏻…

Hot off the press…

https://www.cadenceminerals.com/wp-content/uploads/2024/12/Cadence-Dec-24Short.pdf …

Industry standard valuations for discounts applied previously were (pfs -84.2%) and (dfs -55%)…

pfs $1.977bn - 84.2% discount = $312m…

dfs** $1.977bn - 55% discount = $890m…

$1.977bn x 34.6% = $684m kdnc… 🤑

Yep… only 4-weeks until Christmas…

Installation Licences for the Amapá mine and railway remain on schedule to be granted this year…

The license application for the port was submitted in September and is also scheduled for a grant this year…

That’s unchanged from our last reported project level valuation…

30june2024 to 31aug2024…

increase of 0.3% for $0.57m…

(1% for $1.9m or 100% for $190m)…

$190m x 34.5% = $65.55m kdnc…

✔️and remember…

If successful, the 67% flow could increase the net operating profit of the Project, at full production, from approximately US$227 million to US$324 million per year...

that’s a 143% increase…

It’s still there on page 22… 100,000ha…

There’s only 6-weeks left now until 🎅🏻 …

Highlights:

· Installation Licences for the Amapá mine and railway remain on schedule to be granted this year.

· The license application for the port was submitted in September and is also scheduled for a grant this year.

· The test work for sixty-seven per cent (67%) iron flow sheet is due for completion in the fourth quarter of this year.

· The Project is actively discussing the equity portion of project financing to complement the existing debt financing MOU.

like to think that any/all of the above could start to arrive anytime between now and 🎅🏻…

Don’t think there’s any surprises for anyone on how much has been spent on sonora… historically by both bcn and kdnc… they reported regularly all md&a on sedar and also repeated here on aim after dual listing in the uk… all in line with their regulatory requirements… was it enough to meet their obligations for the concessions… i’d be very surprised if it wasn’t… even during the covid pandemic…

https://www.lse.co.uk/rns/BCN/ …

Google earth to view…

what3words to locate…

squid uses another one that i think ob used that has dates and historical images so can be tracked back to see it’s progress…

The lithium plant clearance looks to be completed now anyway…

enlarge.gnawed.plenty …

🔎 small sells… big buys… sp goes down…

looks like they did that just by tightening up the wide spread from last night to fill a big order…

…. an example of someone buying in under the last placing price… exercising their pre-emptive rights they didn’t get… but getting a better discount for their patience lol… 😜

Highlights for Amapá Project progress made in the period and post-period end include:

The completion of optimisation studies resulting in a 20% increase of Post-tax Net Present Value ("NPV") to US$1.14 billion, with profit after tax of US$3.14 billion over the Life of Mine…

A 10% increase in average production after ramp-up to 5.82 million dry metric tonnes per annum ("Mtpa") of Fe concentrate, consisting of 4.81 Mtpa at 65.4% Fe and 1.01 Mtpa at 62% Fe concentrate…

A 6% decrease in Free on Board C1 Cash Costs to US$33.5/dry metric tonne…

The submission of required environmental studies and applications for the grant of the installation licenses at the Amapá Project…

The completion of the design of a 67% iron ore concentrate flow sheet, with testing of the design currently underway…

The immediate focus of the Amapá Project is financing the next stage of development, a goal to which all the partners are fully dedicated. We believe this should be done via a trade sale or a joint venture with a highly experienced mining operator…

Pre-viewed on last nights news… main report tonight itv 9pm i think they said… should raise a few eyebrows…

subject : bhp dam collapse and the aftermath…

One for the agm… q&a…