Member Info for tomcat-14

As with all elections… only votes count… and every vote counts (however small it may appear to be)… everyone should exercise their right to vote… always… otherwise the world is run by minorities… just the ones with the loudest voices…

You can’t vote directly… you’re a nominee shareholder… you need to instruct your broker to vote the way you want them to vote with your shares… most of them now do it online or via e-mail… or even a simple phone call… for some you need to actually request that they give you the opportunity to vote/attend the agm as this is not always the default setting for your account… once done though… that should then happen automatically every year… most shareholders don’t know how or bother to vote… as you can see with only a 20% turnout…

This years resolutions are basically the same as those in last year’s agm… except they’re requesting authority to increase our share capital by 33% and not 44% as they did in 2024… and kindly obliged… so safe to assume that they will do again…

327,631,038/227,637,704=1.4392%…

Very true… the voting at last years agm for resolutions 4&5 didn’t show much sign of a shareholders revolt… in fact it was way above the required 50%(4)/75%(5) in favour…

4: 40,957,363/6,032,049 : 87.16/12.84%…

5: 39,362,730/7,328,029 : 84.31/15.69%…

total 227,637,704 shares so only about 20% bothered to vote…

🤢🤮

Have they ditched them or can they just move them into next years allocation… post agm… or do it under aob… with whoever bothers to attend…

Cadence Minerals confirms that an application has now been made for the admission of the New Ordinary Shares to trading on the AIM market of the London Stock Exchange ("Admission")... yes…

Application will be made for admission to trading on the AIM market ("AIM") of London Stock Exchange plc ("LSE") for the New Ordinary Shares ("Admission")... no…

Shareholders must notify the issuer and the FCA within two trading days of a change in their holding. The issuer, in turn, must notify the market by the end of the next trading day…

the last bit is when we hear…

The TR1 form must be submitted to the FCA as soon as possible, and no later than two trading days after the date on which the relevant threshold was crossed…

£4.6m on here… although they do still think there’s only 289.59m shares in issue…

Looks like the warrants exceed their authority…hence… The issue of the warrants will be subject to approval at the Company's next AGM…

Wasn’tme…but…1.5/1.27=1.18…~20%profitinunderaday…31,660,000-4,264,841=onlyanother27,395,159lefttooffload…

Does that then result in gp = np…

$24/t x 380,000/yr = $9.12m/yr profit…

x 35.7% = $3.255m / yr kdnc…

wasn’t the organic growth i had in mind… but…

capex $3.5m / $9.12m = 0.384yr payback (20weeks)…

it’s a small step in the right direction…

Npv10 $1.97bn x 35.7% = $0.703bn… 🙈

Has increased again…

Our investment to date-approximately US$15.5 million for a 35.7% at 01may2025…

Worth reminding what the neighbours are doing… haven’t kept up to date with this and where they are along their development programme… if anyone knows?…

Intrigued to see some more detail on this organic development plan they look to be reverting to now… risk adverse self funding growth…

To minimise execution risk and optimise capital efficiency, the Company is implementing a staged development strategy. This approach begins with the recommissioning of a small-scale processing plant and is followed by phased capital deployment and a gradual ramp-up of production for the DR-grade product. All development activities remain within the bounds of the current mining installation licences…

As of the end of March 2025, Cadence's total investment in the Amapá Project is approximately US$14.7 million, and its equity stake in the project stands at 34.9%…

that’s an increase from the last report… +$0.4m for +0.3%… $133m (100%)… $46.53m kdnc…

Happens all the time during the auctions if there’s a crossed trade put up on the order book…