Zeus Capital – Cadence Minerals Azteca refit well advanced

Cadence Minerals Azteca refit well advanced

  • Cadence Minerals confirms that refurbishment works at the Azteca plant are running ahead of schedule
  • Operational readiness now targeted for the end of August.
  • ⁠In our view, Azteca is a stepping-stone on the way to returning Cadence’s flagship Amapá iron ore project to development
  • ⁠We continue to see fair value in Cadence at 14.6p per share.

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