Member Info for uncleal

a current list of assets would help. Hastings management cap A$217m KDNC hold a big lump? plus macarthur mins, EMH, BCN and Apapa? what does it all add up to? a darn site more than KDNC cap

just bought 6m in two lots. wouldn't let me buy them in one go. final throw of the dice!

5 purchases of 10 shares? Does anybody have an explanation?

They did. I remember it very well. Somebody posted on here that "that make s the company worth £214 m which is ridiculous. I'm out" Should have followed suite. It doesnt show in the charts because it was very short lived.

AP I have been in UKOG since David Lenigas went on TV talking about the Gatwick gusher. I was a relatively big holder when they hit 14 p. Pound signs started flitting through my eyeballs and I lost the plot. Didn't sell and to my eternal shame I didn't sell my grandchlldren's holdings Junior Isa's holding either. Fortunately for them most of their funds are invested in proven unit trusts such as Fundsmith equity and Polar cap showing 92% and 162% profits respectively. I believe that if the original reason for investing still holds good and I believe it does, then you should keep buying on the lows. My UKOG average is 0.39 which I think is doable with some positive news. I may go in again to bring the average down even further but I would like to see some evidence of progress.

We have known about this for some time and we were willing the shares over 16p to get this out of the way. The SP drop is knee jerk and when the jerks understand it we will be back on course. It maybe that as someone has picked up nearly 9m shares at 12p there are fears that they will take their profits but would you ? . Another buying opportunity but as my average is less than 3p i'll stick. DYOR

Some of what has been said is true. I worked with the founder of AIM and his company made obscene amounts of money. A junior typist on £6k pa was given a £17k bonus and her father was so suspicious he marched into their offices and demanded to know what she had to do for that sort of money? It meant that at 16 she was earning twice what her father was. One of my friends became a millionaire several times over at the age of 25? All done on the back of PI's

I sold two thirds of my holding in REM many years ago and bought Bacanora EMH then Hastings technical and Macarthur Mins whilst they have all risen KDNC has not ? Do we have to wait for an income stream to see the light of day? Luckily I have been buying all the way down and my average is 9p . could 2021 be our year? I hope so.

The last time I looked KDNC had a holding of 30% of Hastings technical metals. Their market cap is A$217m £65m KDNC share worth £37M against a KDNC Market cap of £21m Add in all the other investments, Bacanora, European metals Amapa ? It makes no sense?

Yes. I guessed it. my purchase is marked as a sale! what a ridiculous system

I should have mentioned that I paid 0 .152 So any reported sales at that figure are buys!

Warren Buffett made most of his money buying when everybody else was selling. On that basis i have dived in again and now my average is down to 0.35. 2021 will be the year for all my LTH stocks. BCN, KDNC, UKOG, EMH, UJO. Already enjoying healthy profits on three. Three out of five ain't bad. DYOR.

LTH for more years than i can remember. Saw them hit 155p but as usual failed to realise my profit. Have bought all the way down and now sitting on 47% profit. Finally the investment world has picked up on the solid potential and when the scramble for Lithium supplies begins BCN will be at the forefront. With Ganfeng holding the board's hand, no more delays and procrastination. Full steam ahead. DYOR

Nobody wants to be out of WSBN over the Christmas break. I'm in at 2 p so this has given me something to smile about despite being separated from my family for Christmas and New Year. The one that really annoys me is AFC. sold at a loss at 14P. Now 65p Doh! Have a good Christmas everybody.

Just looking at GGP fundamentals compared with WSB . WSB cap is 50 times less. Multiply WSB SP by 50 times and you are looking at an SP of £8. Have cleared out of a lot of errors in judgement and reinvested here. Roll on 2021.

AIM makes no sense. Amount sold 43.2m Amount purchased 6.2M yet the price goes up. When I was a dealer in the old market in 1974 , with such trades I would have dropped the price so fast and kept dropping until I saw the whites of a buyer's eyes. Who knows what ? Is somebody outside the market quietly picking these up.?

I sent this email to Cadence 7th December. Have not had a response.

Good Day. I have been a shareholder Via Hargreaves Lansdown for some considerable time and in fact since the REM days and probably like you I am disappointed with the share price, although due to continued investment at lower levels, I am enjoying a profit.
I have always had a great deal of faith in the future of your organisation although I believe that shareholders are not advised of asset changes. I have noticed that several shareholdings have been disposed of such as Auroch but no notice has been given to the shareholders. In many instances the holdings percentages are substantially reduced but we are not advised the reasoning behind the changes nor are we advised whether this proved to be a good investment or an error in judgement. Also what happened to the 100% interest in the Greenland Project ? No longer mentioned.

I have been trying to calculate the current asset value and so far find that it amounts to £56m but this does not include Amapa nor Sonora and I am sure that there are other assets which I am unable to put a value on. This against a shareholder value of £21m . I am sure that if Cadence were to produce a list of current assets this would have a very favourable effect of the share price.
One other point. Some time ago The Board attempted to have the company quotation moved to the main LSE. This was denied on the basis that Cadence was not a mining company but an investment company. This has now changed with the Amapa Project and when this proves to be successful, I wonder whether the Board may consider applying again.
I look forward to hearing from you in particular with answers to the points I
have raised.

I got sucked or( is it suckered) into this by a tweet in October. I usually include a stop loss but didn't do it this time. I am down 60%. So next move. Wait it out or pump some more in to get my average down. That has worked in the past. I'll sit on my hands for now. Fortunately, i bought into WSBN again from a tweet so that it keeping my spirits up.

Threw another £1k in this morning first thing at .14. Also emailed my MP asking him to pass my thoughts to the appropriate Govt department. My thoughts being that if local councils can prevent companies from reaping the benefit of years of effort and £millions of investment in exploration of domestic natural resources, this will have a detrimental effect
on further progress in becoming energy self sufficiency . Who will invest if they think that the asset can become worthless due to few local bigots. He has confirmed that he will take the necessary steps.

I have always avoided investing in companies that operate in an hostile environment. This has cost me (GKP ) Never thought I would have to add Surrey to the list.