Cadence Minerals #KDNC Zeus Broker Note – 21.8p/share fair value
Zeus view: Positive step to make Cadence a cash-generating producer Provides proof of concept and significantly de-risks Amapá Supports DFS funding from internal cash, avoiding further dilution. Retain 21.8p/share fair value – today’s market cap still undervalues the project. A milestone for Cadence – the Azteca restart could be the catalyst for re-rating
Cadence Minerals #KDNC – CEO Kiran Morzaria Discusses the funding for the Azteca Plant restart and near term production at Amapa
Cadence Minerals CEO Kiran Morzaria discusses Heads of Terms to fund Azteca Plant restart & near-term production at Amapá with Alan Green ✅ US$4.6m funding package will finance the restart of the Azteca Plant ✅ Azteca will be cashflow positive from the first shipment, generate a healthy margins ✅ Funding generated to be invested into […]