Tag Archives: brand communications ceo alan green

Cadence CEO Kiran Morzaria discusses the execution of the binding agreement for the US$4.6m funding package to finance the restart of the Azteca Plant at the Amapa iron ore project in Brazil. Kiran talks through the sequence of events required over the coming months to bring Azteca into first production and looks at the recent fundraising and allocation of those funds. We then look at the subsequent steps required to recommission the Amapa mine, railway and port, and how the funds generated from Azteca will fund the process. We look at the market valuation of the company vs. valuations from brokers and analysts and likely factors that will help the share price close the valuation gap.