Karelian Diamond Resources Share Discussion Threads

[4marlin] 15/12/2017 17:08

indeed;- satisfaction about being proved right.
no more, no less.

[escapetohome] 15/12/2017 16:30

Im singularly unimpressed with this argument people are gloating.

If a side wins a cricket match for example , the victors are SATISFIED, they are NOT gloating.

In the same way the bears are not gloating, They are simply SATISFIED.

[sirianbotham] 15/12/2017 16:03

Now bring of those skeletons of zoom you have me on the floor can you deliver the killer blow......

[escapetohome] 15/12/2017 13:58

Mugs? Harmless puppies!

[dave444] 15/12/2017 13:56

Mugs increasing holding

[4marlin] 15/12/2017 13:43

you are probably right
the only thing on the horizon is a bucket shop placing

[escapetohome] 15/12/2017 12:11

They never do 4Marlin, pointless asking.
On any BB ive never read the other side acknowledging they were wrong, they will always say, “ its just on the horizon , just wait a little longer”

[4marlin] 15/12/2017 11:47

Would the bulls be gracious enough to acknowledge that the bears position has been proved?
Decimation is the word that comes to mind wrt share price collapse...with more pain to come.

[stephen2010] 14/12/2017 22:07

ALBA currently trading at 0.39p target price 6p making a nice 15 bagger. Please read the following:

MARKET CAP PUZZLE
❖ Alba (market cap £8.4m) is in a resources neighbourhood populated with listed
companies with much enhanced market capitalisations, such as UKOG.L (£134m) and
JAY.L (£172m). With either shared project interests or adjacent tenements to these
companies, Alba should trade at a much higher valuation than its current token value.
Like Bluejay, Alba owns 100% of its ilmenite project. Direct comparisons with UKOG
are also instructive. While both companies own other projects, UKOG’s 49.9% of Horse
Hill Developments Limited (HHDL), when compared to Alba’s 18.1% means that Alba
has approximately one third of the value of Horse Hill compared to UKOG but only
about 7% of the market capitalisation. Once the market recognises these disparities,
the room for growth in Alba’s share price is undeniable.

VALUATION RATIONALE - Our valuation in this First Equity Limited initiation note
uses a risked valuation approach for Alba’s two main projects, at Horse Hill and TBS. The
Horse Hill licences are valued using independent published technical data from
Schlumberger, Xodus and Nutech on the oil potential of the licences, along with our own
assumptions on recovery rates, oil discovery value, resource and development risks
factors. From this a risked value of $127m net to Alba on a ‘Base Case’ basis is derived
for Horse Hill.

Given the similar geology and economic potential of both TBS and Dundas, we have
adopted a risked closeology valuation approach, by computing an NPV for Dundas of
$223m and then applying a three-tiered risked probability calculation to arrive at a value
of $54.7m for TBS. Once Alba announce its JORC resource and exploration target at TBS
and Bluejay its Feasibility Study results, this number is likely to be revised upwards very
rapidly, possibly up to $200m, representing up to 7p per share in additional shareholder
value.

We compute a valuation of $185m (£139m) for Alba, equating to 6.0p per share, of which
4.1p is attributed to the stake in Horse Hill, 1.8p for TBS. Given this analysis and wealth
of valuation catalysts anticipated across the project portfolio in the coming months, we
recommend the shares as a ‘BUY, with a Target Price of 6.0p, representing a potential
15 times plus uplift from the current share price.

[escapetohome] 14/12/2017 21:39

If you come away from the AGM , having delivered a very firm message indeed to management, you will have done yourselves a service, not only that i will salute you sincerely.

[cornishtrader1000] 14/12/2017 20:44

I have my Ryanair seat booked.

[keysersosse] 14/12/2017 20:40

Cornish,

I certainly do appreciate the suffering long term holders have been through.
What's gone on here is an absolute disgrace.
Stuff which should have been subject to a RNS hasn't happened many times whilst being reported in many outlets elsewhere.

Valid point re the team behind Sirius now, but I'd say KDR haven't reappointed Stephen Grimmer without a very valid reason which will become clear next year.
I'd suggest researching Grimmer's speciality...not just development but a very specific trait......when you find it, you'll see it's something very closely related to KDR's project and what they said for a while.

But, going back to the SP, it is an absolute shambles.
Thursday's soire post AGM won't be tea and scones like it was last year.
Hope you are attending ?

[dave444] 14/12/2017 20:31

I have worked it out!They are waiting for the diamonds to naturally form!Another 200 years should do it!

[cornishtrader1000] 14/12/2017 20:27

In all seriousness, more time?I've learnt to understand the time it takes to find, then make diamonds a viable commercial project. But even you must appreciate the suffering long term holders with significant holding have endured enough. Seeing the share price drop from 4p to 0.25p is farcical. Add the consolidation into the mix, that 0.25p becomes around 6p. By the time they get a move on that will be back to 1p. The difference with Sirius has been a very obvious change in direction. Starting with Chris Neal, then Simon Hawkins (first time round) and they bagged Graham Lyon. KDR is a one man dictatorship, shame CGNR weren't successful in removing him.

[duplicate book] 14/12/2017 20:26

KeyserSosse....I am prepared to give them as much time as they need, trouble is, how much more time have they got! They have recapitalised, and will shortly consolidate, all done in the name of raising capital to facilitate the ongoing concerns of the Company. I would be very surprised to see a funding RNS prior to the AGM, if only because of the anger and probable distaste shown towards the Board if that were the case! Question is. Where is the share price going to be on the day of the AGM? Looks like one or two are selling out prior to consolidation, and if that trend continues, the MM's will happily walk this down lower, giving us a lower post consolidation price!

[keysersosse] 14/12/2017 20:11

Haha...Cornish bleating as usual....didn't you do the same on Sirius ?
You're not now though are you ?

You won't do here either, just give it more time.

Having said that, folk have no choice really until they reveal like Sirius have done.

[cornishtrader1000] 14/12/2017 19:31

These lot are too long in the tooth to change. No doubt they'll pop to Prestons of Bolton for some dodgy diamonds and present them in a pretty box. They may also pop to a reclamation yard and buy an old shovel and say how much it's been used digging potholes in Finland. From the days of KeyserSosse ramping on a daily basis and 4p, this will be 99% down in a short time after the consolidation.

[escapetohome] 14/12/2017 19:14

Nothing less than a revolt at the AGM would even stand a fraction of a chance of attitude change at the helm.

[cornishtrader1000] 14/12/2017 19:05

You did mate

[keya5000] 14/12/2017 18:50

Sorry guys thought I would try and lift the mood up on a bad day for holders.

[rbonnier] 14/12/2017 18:47

Keya5000 L😃L!!!!