Karelian Diamond Resources Share Discussion Threads

[wetdreamer] 21/2/2019 16:42

MM don’t announce 3% Peel Hunt have well over 5%

[duplicate book] 21/2/2019 16:12

They are a Market Maker in KDR.

[wetdreamer] 21/2/2019 14:43

3% announcement Davy Ireland
400k shares purchased this week at 3p for £9k
That is 10million shares in old money that would have cost £55k in September 2017. I guess at least £100k in 2015
Brought this week for £9k with no rise to share price. 🐍🐍

[ladybird1] 21/2/2019 14:24

Good to see somebody taking a contrary view gents - and backing it with cash. (It's not me buying, just to be clear).

[escapetohome] 20/2/2019 21:11

Is there really a market for their shares R bonnier?

Who will buy their large holding?

Toilet paper status?

[escapetohome] 20/2/2019 21:07

I doubt there will be an apology KevJones.

However, those sucked in will learn from their experience, and will be the better for it. They will understand risk better and how to carefully apportion money taking into account risk. Eventually they could even turn a profit and be better at reading markets.

However, some will never learn and always believe in ‘investment217; and ‘stories’;.

[wetdreamer] 20/2/2019 20:00

Bonny think outside the box

[rbonnier] 20/2/2019 19:32

Im surprised the notifiable holders havnt sold down their holdings as its now blatantly obvious they know they are going to get wiped out by dilution after dilution after scamdolation .
Better take 1p for the entire holding than get nothing at all.They obviously dont mind being diluted and losing all their money and can obviously afford it
on the very outside chance prof pulls a rabbit out of the hat I suppose.

[wetdreamer] 20/2/2019 13:57

I havent seen lies Kev, just people who believed. Just like we both did. The board can do that to you.

[kevjones2] 20/2/2019 13:31

Hopefully Wetdreamer. Goldeneye has been ramping both companies for years - especially CGNR, all the way to over 99% share price decimation. Literally over a 99% share price plummet. Hoops is probably not the brightest bunny in the hutch but he's cute enough to continue ramping KDR despite his massive, documented losses.

Maybe some day they'll apologise. Not to me, I had them sussed years ago, but to the people who believed their lies and wasted their money on these dogs.

[wetdreamer] 20/2/2019 11:18

There’s no one now Kev that doesn’t see what the board have been up too.

[wetdreamer] 20/2/2019 08:08

Not rocket science to see what the loan created. Look at what the KDR debt is!! Who its owed to. The board are killing the company with huge remuneration. Nice LIFESTYLE....Fantastic assets don’t forget been strangled. Come on guys it’s clear as day what the boards end game is.

[ladybird1] 20/2/2019 07:58

This will clearly have to resolve itself quite soon, Bonny.

I agree a major capital raising on KDR's own account is next to impossible. The only alternative is a partnership as described and if that's not on the table the effort put in to Lakhotji over the last few months becomes incomprehensible.

Maybe a small capital raising (as you say, at a big discount)to tide over.

We'll see - inevitably given the cash/short term liabilities position - very soon.

[rbonnier] 20/2/2019 00:10

Possibly ladybird1 but this is dead in the water im afraid it has no money left and needs to raise funds that means a future share price of around 1.5p as there will be a big discounted placing .I think thats absolutely certain its just what happens after this the usual nothing or as you say a parthership with an established operator.What is 99.99% certain is a placing possibly sending the bid to 1.75 ish and see what happens if the last 20 years are anything to go by the answer is nothing and another 0.5 placing or share scamolidation this time next year.

[ladybird1] 19/2/2019 16:04

The update has been nagging me and a third alternative to fundraiser/enter administration comes to mind.

The update reads very confidently without a hint of imminent financial upheaval. It majors on putting in place the necessary conditions to sink a mine. The means to do this are well beyond KDR's potential capacity on their own. Might they be working towards a position where they own the licence, have the agreements in place (which it is said are well advanced)and can use these as their contribution to a partnership with an established operator?

Just a thought.

[escapetohome] 19/2/2019 09:13

The end , please.

Enough of this gravy train.

[ladybird1] 19/2/2019 08:04

Rereading, my initial impression that this is quite an interesting update is reinforced.

No question the Company is very near the end of its cash resources, effectively living on credit (cf. the increase in current liabilities and having run through most of the last cash raiser, as Bonny points out). So something has to happen soon.

That said, there is a quiet confidence and sharp focus in Prof. Conroy's report. Perhaps a substantial funding dependent on final clearing the decks with the landowners/authorities, on which he writes clearly?

Anyway, the options clearly a very large dilution for current shareholders or The End.

We'll know soon enough.

[rbonnier] 18/2/2019 12:52

This had 18K in May 2018 not November !!! .KDR raised £500K on the 11.6.2018 of which it currently has £200K left as of 30.11.2018.No ones put anything in the pot .So in 5 months it burned approximately £300K thats 60K per month .Its nearly 3 months since then so at an equivalent cash burn rate of £60K i make kdr almost insolvent without a cash call it cant go beyond April at very best .

[steve hoop 1] 18/2/2019 08:22

Cash looks better??
Nothing brilliant!
Who's put some in the pot!
18k in November.

[rbonnier] 18/2/2019 07:29

Completely and utterly knackered forget Lathojoki they saying now no point in continuing until regulatory matters are settled that will take years and years and wont happen imo so thats a write off .Just continuing with exploration success errr what success .
No doubt another placing on the cards if they can get one away at a big discount and i just cant see the point holding anymore .

[ladybird1] 13/2/2019 08:23

Shambaby. 'Get on with it'. How?

[escapetohome] 13/2/2019 08:08

An unacceptable performance.

[kevjones2] 13/2/2019 08:05

Uh-oh....the prof is "delighted"..