Member Info for tomcat-14

16th is the actual mid day of October… 23 working days… 12th working day in = 16th…

which coincidentally is also the day that the wrap shares were to be admitted… https://www.lse.co.uk/rns/KDNC/wrap-retail-offer-for-up-to-163200000-8759293d91ped34.html …

1…

next week is mid October… 😉

They’re coming in 3’s…

2 plus and a minus…

all at mid in 💲…

😈’s little 😈

06-Oct-25 : 17:08:31 : 5.10 : 3,333,333 : Unknown* : 170.00k…

Some very rich shareholders must have applied for well over their quota’s to have it increased by 50% (£200k x 150% = £300k) then the fraction of retail shareholders which it was made available to, to then get peared back to 21%… £300k x 5 = £1.5m applications… -21% = £1.2m over subscribed… that’s some demand sitting and waiting in the shadows…

Cadence Minerals

Undervalued : £10.8m vs. US$139m NAV

World-Class Growth: Amapá 5.5 Mtpa DR-grade project (US$1.9bn NPV)

De-Risked Strategy: staged development → cashflow → DFS → expansion

Diversification: Sonora Lithium JV with Ganfeng

Institutions & family offices… 21% holdings… no tr-1’s…

In the UK, a family office is a private entity that provides comprehensive wealth management and support services for high-net-worth and ultra-high-net-worth families, acting as a central hub to manage personal finances, investments, legal affairs, lifestyle, and philanthropic activities. These offices range from single-family offices (SFOs) for one family to multi-family offices (MFOs) for multiple families, with structures varying from a single personal assistant to a large team of professionals. Their primary goal is to safeguard and enhance family wealth, preserve family values, and provide continuity for future generations…

Not sure if this has been posted previously… bit of weekend reading…

https://www.cadenceminerals.com/wp-content/uploads/2023/10/Cadence-Sept-2025.pdf …

Can’t be that many that fit the m.o…

a UK-based international logistics, shipping, and trading group with over 100 years of experience in the sector...

👎 from me too… should have been done the same way as the last…

fairly… accessible to existing shareholders… base allocation guaranteed relative to holdings… undersubscribed shares available for those who want those that don’t want’s shares…

not a lot to ask really…

Set at £200,000 at 3p = 6,666,667 shares on offer…

6,666,667 / 327,631,038 = 2%…

which is the 1 for every 50 held… if fairly distributed…

Should have held out for the rights to the full 20% not just the £100 per account guaranteed…

It doesn’t stipulate a ratio… only a minimum £100 worth… and a maximum total shares… that isn’t fixed at can be changed by the company at their discretion…

Hopefully the same as the last open offer… and done through our nominee accounts… they do have options… others not being as accessible as this one…

I trust that everyone who voted for this privilege… will take up their full allocation… it being only 10% of the 20% equity raise (2%)…

It is expected that the Retail Offer will launch at 8.00 a.m. on Thursday 2 October 2025 and will be open for applications up to 5.00 p.m. on Tuesday 7 October 2025…

Of: (i) the restitution of the concessions and associated rights to develop the Project in Mexico, as well as compensation for the Project’s delays; or (ii) compensation for the entire fair market value of the Project... $$$

You don’t need to use your imagination… it’s right here in black and white… amapá = $2bn npv10… + the recent 25% uplift for the adjusted mining costs…

https://www.lse.co.uk/rns/KDNC/updated-pfs-economic-study-delivers-increased-npv-1ck3uerdxou8848.html …

Does anyone know where zeus are getting their $925m npv10 base value from…