Karelian Diamond Resources Share Discussion Threads

[keysersosse] 05/8/2017 13:05

Sad news from Russia

[shambaby] 05/8/2017 11:15

From limited sampling a 4.3mm diamond has been discovered so no doubt there's going to be some big stones when production starts

[discusser] 04/8/2017 13:33

Possible downsides:
1. Like many diamondiferous discoveries, the find is found to be uneconomic (would have been nice to turn up a 10 mm diamond, but that has not yet occurred, has it
2. Growing antipathy to the effects of climate change lead to political moves against using carbon-based fuels to mine non-essentials
3. Delay allows artificial diamonds to gain greater market popularity
4. KDR gets into financial difficulties trying for too long to proceed on its own or negotiate too aggressively
5. Despite KDR being honest and the diamonds really being there, market fails to believe true story
I am not selling my shares in KDR, but downsides (= possibilities things might go badly) are the risks we of course face
Upside: a big company pays a premium price for an excellent diamond find

[activeinvestor] 04/8/2017 13:16

No downside to the venture but don't expect any great movement in the share price.
I'm looking for news or the hint of news from the other area's.

[diamond hunter] 04/8/2017 12:38

I beg your pardon can you answer it?

[diamonddog1] 04/8/2017 12:20

Their was a very similar post from stevehoops which appeared then disappeared very quickly, any relation?

[diamond hunter] 04/8/2017 11:47

2.11M Carats Recoverable with a Gross Value of US$211M
KDR own all data recovered since 2006 please can someone explain a downside to this venture. Potential only on my understanding unless I am missing the vital spark.

Thanks

[diamonddog1] 03/8/2017 22:20

Fingers crossed comes good. GLA

[shambaby] 03/8/2017 21:06

Well put Cats

[discusser] 03/8/2017 20:56

Interesting, thanks.

[catswhiskas] 03/8/2017 20:55

Let's see what the other licences come up with this isn't the only egg in the basket the big ones are still to report let's see what we have when the full picture is known then we can assess if the company is big enough for Rio or Alrosa .

[diamonddog1] 03/8/2017 19:52

Rio are interested in other minerals with a jorc equivalent of 3 M oz gold. They haven't stated what would interest them in diamonds so this is pure speculation. If this has a resource value of $200M that would be only equivalent to a gold resource of 0.2M oz, complexities of extraction cost aside that makes the asset look small even compared to conroy's gold mine which has been dangled for decades. Suspect that this would only be of interest to a smaller player. Need some bigger carrots or carats to catch the Rio rabbit.

[discusser] 03/8/2017 19:37

Dddog, what in your view would be big enough for Rio??

[stevehoops] 03/8/2017 19:05

👻👻😈💀8128;👽ԁ25;👾👾;✌

[diamonddog1] 03/8/2017 18:45

Looks too small for Rio and starting to look like conroy gold strategy focusing on a small starter pit and trying to prove up a province. This is my only concern that history will repeat itself and the management make the same mistakes here as cgnr spreading limited resources too widely and not wanting to give much away

[diamond hunter] 03/8/2017 15:46

PRELIMINARY ECONOMIC ASSESSMENT OF THE LAHTOJOKI DIAMOND PROJECT
 2.11M Carats Recoverable with a Gross Value of US$211M

 Mining Operation Recommended

 Nine Year Mine Life: Payback Year 2

 IRR 55% and NPV (8%) US$39.1M

2,8 Mcap

Question jackpot already surely ??

[activeinvestor] 03/8/2017 10:51

r88ave.
You are only misleading yourself, nobody else I hope.
Please reread the agreement JORC applies to OTHER MINERALS.
Maybe you should have had some breakfast first, the brain works better.
I do not hold shares at this moment.

[r88ave] 03/8/2017 06:40

Reminder, it's pretty obvious where Kdr are going get the money from to do jorc resource assessment. Right now Kdr could well be in discussion with Rio

Your Company has an agreement with Rio Tinto Mining and Exploration (“Rio Tinto”).

Under the agreement, Rio Tinto discloses to Karelian confidential information and physical geological samples related to exploration in Finland for the purpose of the Company considering that information in relation to its potential and existing programmes in Finland.

In consideration of Rio Tinto disclosing the confidential information to it, Karelian has agreed that Rio Tinto will have the option to earn 51 percent interest in any project identified by Karelian in Finland by Rio Tinto paying the direct cash expenditures incurred in developing the project, subject to the following conditions:

For diamond projects the option will be triggered if Karelian completes 10 tonnes or more of bulk sampling for diamond exploration; and

For all other minerals the option will be triggered if Karelian discovers a resource with an in situ value that is equal to or greater than the in situ value of 3 million ounces of gold in a JORC compliant resource calculation.

[r88ave] 03/8/2017 06:30

I dont think many people realise the agreement with Rio in theory would have been triggered if the recent PEA assessment was Jorc based report
KDR has to prove equivalent of 3m oz of gold, which is roughly £30m worth. The assessment came back £211m
This is how close Kdr is now and has to decide what to do next bearing in mind the agreement with A & G mining which ends in about 8 months times where they have to reach the decision to mine it

The purchase price is €150,000, comprising an initial purchase price of €50,000 plus a further €100,000 after twenty four (24) months unless Karelian decides not to develop the project. A royalty to AGM of 1% is payable either in diamonds or cash on diamond production up to 2.5 million carats and 2% payable on diamond production above 2.5 million carats.

IMO it's no brainer what Kdr are going to do. Should be very interesting development over the next few months. As soon as the word jorc compliance resource is announced it will go well beyond current sp

[rbonnier] 02/8/2017 23:19

Thunder lightning oh very frightening Skeletons of death incorporated!!!!
The Dreaded skeletons of death are now back under my control as Hoops has gone awol .Skeletor is furious at Hoops for leaving them stranded at .45 bid after such good news .A warrant has been issued for the capture of Hoops and the skeletons will leave no stone unturned
Until he is found and brought before the dreaded skulls of Doom !

[catswhiskas] 02/8/2017 11:33

No the warrants don't come into play until the share price reaches 0.8