CDM 0.00% 72.0¢ cadence capital limited

Ann: Investor Presentation September 2021, page-35

  1. RnR
    45 Posts.
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    CDM SP today is ~$1.13
    Your NTA est today if TMC = 0 is $1.18
    TMC component now ~16c (from ~25c) in the SP, in theory.
    Long escrow, super high risk, literally anything could happen.
    Horrible look.
    If TMC did carry on down you really believe the CDM SP will hold?

    TMC the metals company Inc. (TMC)

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