Member Info for tomcat-14

Https://www.cadenceminerals.com/wp-content/uploads/2024/09/67-Flow-Sheet.pdf …

Oct23…

Under the MOU, TCIDR will provide a final proposal to complete the Definitive Feasibility Study ("DFS"), and on completion of a successful DFS, will submit a fixed price Engineering Procurement and Construction ("EPC") contract for the Amapá Project…

the final proposal never got released… but focus moved to 67% ore…

mar24…

We expect to be able to fully report on the capital savings in the next quarter, although the improved product quality will take longer given the flow sheet testing required. If successful, the latter's impact will be significant, as a 67% product would represent a premium of between US$10 and US$15 per tonne over our proposed 62% and 65% product mix…

Given the above potential improvements and discussions with potential development partners, we have determined that it is best for the timeline to incorporate the feasibility study into the project's implementation phase…

Always worth a re-read of the rns’ whenever you have a spare minute…

Project Financing…

In October 2023 (News Release Here), our joint venture company and DEV Mineração S.A. ("DEV") entered into a memorandum of understanding ("MOU"). The MOU is in place to secure the required project debt financing for the construction and re-development of the Amapá Project….

To complement the project debt financing, our joint venture is actively engaging with several potential financing partners to provide the equity portion of the funding at the project level...

(currently $1.9m/1%)…

Are you willing and able to back that up and stand your corner with a full contribution for your pre-emptive rights… if res5 did get voted down…

$190m x 34.5% = $65.55m (~£50m) kdnc…

mcap 17/09/2024 = £5.75m (~10%)… 🤮

Definitely needs to happen at some point… sooner rather than later… 🤞

As of August 31st, 2024, Cadence's total investment in the Amapá million was approximately US$14.2 million, and its equity stake in the project stands at 34.5%, an increase of approximately US$0.57 million since 30 June 2024…

increase of 0.3% for $0.57m…

(1% for $1.9m or 100% for $190m)…

that’s quite a significant increase in our current transaction / project level valuation of amapa… probably a reflection of the significant increase in npv (reported 09july) that they are seeing…

In order…

https://www.cadenceminerals.com/wp-content/uploads/2024/09/Cadence-Minerals-2024-AGM-Circular.pdf …

hopefully some good news will be forthcoming before the voting closes…

Why aren’t we seeing videos of this progress…

Back.unveils.chicken …

have a drive out of the new car park on streetview (start at the end of the blue line) and see the before (men queuing up for their next shift) and after (one your way out - well what do you think of it now then)… not much stockpile left on the overheads and that jetty looks a bit ore’ey… is that and the conveyor there back in use now… with some other nearby structures I can’t quite make out what they are…

Wtw… if ya don’t mind…

The one with the airstrip being the goldmine…

You mean here…

written.piecewise.linseed …

Is that the other end of the line… mine…

insect.congestion.nominates …

(got me again)… ◀️1km/h…

Lol yep… and a few overpasses over the track/road if it approaches the port fully loaded at

I don’t think they’re messing about (except with our sp that is )…

look east on streetview…

coped.thundering.flashes …

https://dynapac.com/en/products/compaction/ca702 …

It’s 2.5km from there to the new bridge…

how long is the freight train gonna be… https://www.indiatodayne.in/visualstories/webstories/longest-freight-trains-in-the-world-67607-04-10-2023# …

Lots have been cleared already… beyond the new bridge…

gatehouse on google earth streetview from… Before and after at gravy.founding.dose … viewing the after images…

It’s just under 1.5km…