Azteca hot commissioning complete. Delivered in 30 days of a 45-day consent window, as guided on 28 September. Commissioning and compliance reports filed with SEMA/AP; Operating Licence pending. #KDNC#KDNC Azteca hot commissioning complete. Delivered in 30 days of a 45-day consent window, as guided on 28 September. Commissioning and compliance reports filed with SEMA/AP; Operating Licence pending. #
https://t.co/7B0aYwUypZ
Zeus #KDNC Cadence Minerals PLC - Research Note
- Cadence Minerals is trading at 4.5p per share, representing a 224% implied upside to Zeus’ valuation reference of 14.6p per share.
- Recent commissioning success at the Azteca processing plant, which produced a 65% Fe concentrate, provides an encouraging operational milestone as the company advances towards targeted commercial production and a first shipment before year end.
https://t.co/acmsc2K9Zo
#KDNC@CadenceMinerals Azteca Hot Commissioning Complete
☑️ 164 operational items checked, with plant at roughly a third of operational feed capacity.
☑️ Approx 6,200 wet tonnes of feed processed and approx 2,800 wet tonnes of concentrate produced.
☑️ Feed and concentrate assay samples with an accredited lab, with results in four to six weeks.
☑️ Azteca Operating Licence pending, with submissions requested by SEMA/AP complete.
☑️ XRF onsite lab expected to be operational by end of November 2026.
☑️ Target of approx 380,000 tonnes pa & approx 65% Fe concentrate unchanged. First shipment before year end.
#ironore #Amapa #Azteca #Brazil
read: https://t.co/a0IiHbT3Tt
#KDNC@CadenceMinerals CEO Kiran Morzaria talks through the steps undertaken by SEMA, working with Cadence toward the issue of the Azteca LO (operating licence).
We look at what the issue of the license would mean for shareholders and how it will add to project value
#ironore #Amapa #Azteca #Brazil
Watch the full interview here: https://t.co/wiHZUev7Ri
First feed in. Hot commissioning underway. A major step forward for Azteca at Amapá 🇧🇷
Next: prove plant performance and secure the Operating Licence for commercial operations.
Watch our CEO on site: https://t.co/dU8AHedJ8m
#KDNC#IronOre
#KDNC - Watch @CadenceMinerals CEO Kiran Morzaria report from Azteca as Hot Commissioning gets Underway.
✅ Hot commissioning underway: initial operation targeted at 25%–50% of plant capacity.
✅ Commercial production target approx 380,000 tonnes pa of c65% Fe concentrate, subject to successful commissioning, licensing and ramp-up.
✅ All restart and refurbishment capital advanced, with initial operating working capital available on receipt of Operating Licence.
✅ Repairs to Pedra Branca do Amapari bridge underway. Completion targeted before first shipment.
✅ Operating Licence submissions progressing
✅ Fundraise and next steps
#ironore #Amapa #Azteca #Brazil
RNS: https://t.co/jpsjcdOZPt
Watch interview: https://t.co/wiHZUev7Ri
#KDNC - Fantastic result for @CadenceMinerals - £1.8m raised at 4.5p - a v modest discount, equivalent WRAP retail offer and Azteca on the verge of 1st production 🔥
A 36.2% stake in Amapa and the market cap is still just £21m. The Cadence train is about to leave the station!
#forg
FINALLY it seems bod think there is value here at current price
Parsons has bought £10k at0.0083p
If he was to double that mc would be ONLY £8.8m (after new shares are issued)
If he was to x5 mc would b ONLY£22m
Now if I was PARSONS and other bod members I would ADD