Thread by @ShareRisers, #KDNC #Cadence MineralsAmapa projectIn April Cadence got authorisation to commence shipment of [...]

#KDNC #Cadence Minerals

Amapa project

In April Cadence got authorisation to commence shipment of the iron ore stockpiles

1.39Mt of iron ore in three stockpiles are available for immediate export with an average Fe grade 62.12%

$100 per tonne currently https://ukinvestormagazine.co.uk/transformational-cycle-of-cadence-minerals/?platform=hootsuite

Transformational cycle of Cadence Minerals - UK Investor Magazine

AIM listed Cadence Minerals (AIM: KDNC) continues to make substantial progress with the former Anglo American Iron Ore mine, railway and port at Amapá in Brazil. Since September 2018, the board has...

https://ukinvestormagazine.co.uk/transformational-cycle-of-cadence-minerals/?platform=hootsuite

#KDNC #Cadence Minerals

Amapa project numbers

•US$30-40m in stock pile to Cadence

•Life of mine 14 years

•5.3mt ore per year

•Ebitda of US$136m per annum

•348mt @ 38.9% iron content

•Life of mine opex US$21 tonne

#KDNC #Cadence Minerals

Hastings Technology Metal 30%

•NPV of A$549M
•IRR of 21%
•Payback period – 3.4 years
•Annual Free Cash Flow (posttax) A$160M
•LOM Opex per kg TREO A$20.50/kg (US$14.55)
•10 year off-take with German automotive Tier 1 supplier Schaeffler Technology

#KDNC #Cadence Minerals

European Metals Holding #EMH 16.10%

•JORC resource 6.99mt
•Net overall cost $3,435 / tonne LiOH.H2O
•NPV $1.108B (post tax, 8%)
•IRR 28.8% (post tax)
•Total Capital Cost: $482.6M

Fully funded for DFS & FEED with JV £29M

#KDNC #Cadence Minerals

Bacanora Minerals #BCN 30% JV in Mexalit

•US$1.25 billion NPV
•26% IRR
•operating costs among the lowest in the industry at around US$4,000/t of lithium carbonate
•Ganfeng & Hanwa 100% off-take stage1 10 years & 75% off-take stage 2

#KDNC

Macarthur Minerals 4.1% @ 28/5/20

3 gold/2 lithium/4 iron projects

Lake Giles Iron Project has 10 year off-take with Glencore

Research report

http://116.90.63.236/~macarth1/wp-content/uploads/2019/12/BreakawayResearch_Macarthur-Minerals-October-Report-2019-Final.pdf

#KDNCMacarthur Minerals 4.1% @ 28/5/203 gold/2 lithium/4 iron projectsLake Giles Iron Project has 10 year off-take with GlencoreResearch reporthttp://116.90.63.236/~macarth1/wp-content/uploads/2019/12/BreakawayResearch_Macarthur-Minerals-October-Report-2019-Final.pdf

#KDNC #Cadence Minerals

Cadence have built up a very impressive portfolio of investments, these are at various stages of development with BFS/Financing/off-take/Construction taking place.

Amapa was valued @ US$600m under Anglo American in 2012

Key investment summery

#KDNC #Cadence Minerals

@Alan__Green latest interview with @ZaksTradersCafe

EMH (16%) "set to be the European lithium hub"

Macarthur Minerals (4.1%) "10 year off-take with Glencore worth $4billion"

"Amapa was valued @ US$600m" https://www.share-talk.com/share-talk-tv-with-zak-mir-alan-green-talking-kdnc-l-bres-l/#gs.7e6lyz

Share Talk TV with Zak Mir & Alan Green Talking (KDNC.L) & (BRES.L)

On today programme we have Zak Mir our resident charter talking with Alan Green, we are sure Alan needs no introduction. He works on the VOX podcast, is a partner in @NovusComms Financial Social Media

https://www.share-talk.com/share-talk-tv-with-zak-mir-alan-green-talking-kdnc-l-bres-l/#gs.7e6lyz

#KDNC #Cadence Minerals

Alan Green talks to Cadence Minerals CEO Kiran Morzaria

Kiran talks about the company's investments

Alan and Kiran then go through a shareholder Q&A

Kiran highlights the valuations on each of the projects

You can follow @ShareRisers.

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