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Share Name Share Symbol Market Type Share ISIN Share Description
Karelian Diamond Resources Plc LSE:KDR London Ordinary Share IE00BD09HK61 ORD EUR0.00025
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 1.2% 4.20 4.00 4.40 4.20 4.15 4.15 222,090 16:04:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.3 -1.0 - 2

Karelian Diamond Resources Share Discussion Threads

Showing 14076 to 14099 of 14575 messages
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DateSubjectAuthorDiscuss
20/10/2019
16:33
Tho hes good at repeats Probably won't post again. Under a stone?
hooops
20/10/2019
16:31
Robemy What has this achieved? - What was the share price before the first EGM request 2.25p and what is it now over 3p - We have cleared some debt - Raised £150k - Secured the services of a diamond expert (at last) In less that six months this process has delivered more value that the current BOD. As for dilution we have been diluted to the point of oblivion already and only been diluted further because the current BoD does not comment ordinary shareholder support. And if this hadnt happened where do you think all the money would come from for 7 director salaries and a few pounds for a couple more samples and claims (nevermind doing what they said which is build a mine). Watch out for the podcast on how they are in discussions with a partner or the renewal of the RIO agreement to bump up the price and then boom and other raise? Where else is the cash coming from ..... you tell me because all the BoD has done is TURN DOWN offers of cash to move this foward You need to wake up and smell the coffee like the rest of us. Great prospects little chance of any return with the current incumbents running the company like a daycare home for retired directors.
hooops
20/10/2019
16:25
Robemy What has this achieved? - What was the share price before the first EGM request 2.25p and what is it now over 3p - We have cleared some debt - Raised £150k - Secured the services of a diamond expert (at last) In less that six months this process has delivered more value that the current BOD. As for dilution we have been diluted to the point of oblivion already and only been diluted further because the current BoD does not comment ordinary shareholder support. And if this hadnt happened where do you think all the money would come from for 7 director salaries and a few pounds for a couple more samples and claims (nevermind doing what they said which is build a mine). Watch out for the podcast on how they are in discussions with a partner or the renewal of the RIO agreement to bump up the price and then boom and other raise? Where else is the cash coming from ..... you tell me because all the BoD has done is TURN DOWN offers of cash to move this foward You need to wake up and smell the coffee like the rest of us. Great prospects little chance of any return with the current incumbents running the company like a daycare home for retired directors.
hooops
20/10/2019
16:16
Well at least what HAS been established is that to make any meaningful progress, as promised by both the EGM'ers and now finally by the incumbent board, the company needs around £3M for 2020/21. This is based on the assumption that they conclude their current but never detailed activities such as "landowner compensation", actually start the resource work on Lahtojoki, follow up on all the other grass-roots projects that they have promised on, maintain the company as before and continue to pay themselves €300k a year. I'm reliably assured that, just like being a little bit pregnant, you can't do a little bit of resource development, i.e. feeding in £150,000-200,000 in dribs and drabs won't cut it. There are 40M shares at nominally 3p, and the board and supporters holding circa 17M (well that was the vote in their favour). They are going to have to issue up to another 100M shares in the coming years, leaving them with just 17/140 or 12% and the "new" investors with 100/140 or 70%. Given their obsession with maintaining "control" I can't see them releasing that amount of equity, or RC dropping his personal stake to around 5% (7/140). Nor can I see any new investors ponying up £3M and letting RC have control of their money in a company where his equity is so greatly diminished. Even being generous, and assuming they raise £1M at an average of 4p, a further £1M at 5.5p and the final £1M at 7p, that is nearly 60M new shares, leaving the current board and supporters with 17% of which RC personally at 7% and incoming investors with 60%. So it's looking forward to lots small bucket shop placements for "working capital" where management also convert large chunks of their ridiculous deferred salaries and other "debt" and no serious work ever gets done, unless of course the likes of Martello are prepared to be a white knight and pump in some serious (and unconditional) cash then sit back for the ride. Either way the present shareholders are now looking at a further 250% (40->100M) to 350% (40->140M) hair cut. And even then, this just gets the company onto the starting blocks to "bring in" a €20-25M mine. Oh yeah, and we have been hearing all about that at Clontibret for the last ten years... When you have to get the begging bowl out, you can only run a company with the support, goodwill and consensus of the investors and shareholders, not by defying them, and RC only seems to have form on the latter. That or he takes it private and finally starts using his own money (or his mates') instead of repeatedly milking punters in a never-ending ponzi. Sometimes death is preferable to zombiedom. GLTA
chrysos
20/10/2019
14:51
Robemy What has this achieved? - What was the share price before the first EGM request 2.25p and what is it now over 3p - We have cleared some debt - Raised £150k - Secured the services of a diamond expert (at last) In less that six months this process has delivered more value that the current BOD. As for dilution we have been diluted to the point of oblivion already and only been diluted further because the current BoD does not comment ordinary shareholder support. And if this hadnt happened where do you think all the money would come from for 7 director salaries and a few pounds for a couple more samples and claims (nevermind doing what they said which is build a mine). Watch out for the podcast on how they are in discussions with a partner or the renewal of the RIO agreement to bump up the price and then boom and other raise? Where else is the cash coming from ..... you tell me because all the BoD has done is TURN DOWN offers of cash to move this foward You need to wake up and smell the coffee like the rest of us. Great prospects little chance of any return with the current incumbents running the company like a daycare home for retired directors.
sirianbotham
19/10/2019
17:20
Tho the board may have won this vote, they’ve had to resort to some pretty desperate tactics. There’s only so many moves the incumbents can make before supporters for change in the company succeed... Writing is very much on the wall. L.
lazygun
19/10/2019
16:57
A delisting needs 75% of the votes which his team doesn’t have. In fact we’re he to attempt that he would almost certainly need more bpvotes himself, or some of his directors, in which case he’d then be in breach of concert party threshold. This would mean a requirement to then make an offer for the company at at least 4.25p (highest price in last 12 months). Discounted placing? I suppose that’s more of a possibility, but I think if they could get financing they would have done it by now. Maybe that’s part of howRd bird’s brief? Perhaps he has money contacts in Canada? Last 2 financial institutions dumped their stakes - Davy & Davy, peel hunt. So not sure any other financial institution would be willing to... Would TA pony up more dosh? Possibly. Discounted basis? Well so far the last three equity placings/conversions have been at premiums, so there is a sort of precedent set there. Again, I come back to the age factor. Prof is 85/87. Mr. McGuire must be of a similar age... so who on the board is left to effectively run the company once they choose or are forced to step down? Who would even want to invest here without having serious representation on the board? L.
lazygun
19/10/2019
16:43
The amount of monies required for lahtojoki Bonnie will only come from financial institutions if the company is serious about bringing in European diamond mine. Minimum of 200/400 K just to aquire a second hand process plant and the operative plus additional plant?. We need 2mil !!? Long term? Bare in mind the local have closed the road ? Not happy bunnies! Imho
hooops
19/10/2019
11:55
A de listing is possible here or a big discounted placing .News wont be in the interest of shareholders it never has been and never will on this Gravy Train !
rbonnier
19/10/2019
10:57
there is no doubt at all that the timing/size of recent placings was to influence the EGM. I assume the NOMAD must have approved them, but it does little to improve shareholders / markets opinion of the Prof and co. Saying that when did they ever worry about PR!! Let's see how it pans out...
witchywoo
19/10/2019
10:22
Looking at the numbers, debt has been converted by the prof. Good as it removes debt from the balance sheet. The additional shares of course take him closer to concert party threshold. Remaining debt conversion would definitely put that over the 30% limit, moreover, concert party threshold exists at all times, not just during a specific corporate action period. The additional fund raise also puts another £150k onto their balance sheet - also good.. but what can they do with it? So, where else do they go from here? TA/Martello holdings - the amounts invested here can’t possibly be directed to any meaningful development work of the assets on kdr’s Books. There is I feel strong arguments to conclude the timing/size of these amounts can only be about influencing the outcome of the egm's. After all, who would agree to such placings at a time when those associated voting rights are going to be so crucial to the outcome of the resolutions, unless you already know which way the voting rights will be used at the egm? The current board seem highly committed to retaining control, so would you give voting rights to someone unless you knew for certain which way they’d vote beforehand? But, the question remains - how much more would TA consider putting into KDR? The consensus opinion would seem to be anywhere between £500k and upwards of £2-£3 million to properly progress and develop the assets in Finland. Is TA likely to pony up those sorts of sums? And at 86/87 yrs old, how much longer will the prof be able to keep going, and who will succeed the prof when he chooses, or is forced to retire, potentially because of the onset of future failing health issues (assuming he’s not already dealing with some of those now?). In fact I also heard that Mr. McGuire at the meeting yesterday apparently seems to be of rather advancing years himself.... where next for this KDR saga? Interesting to note that following the result, there still doesn’t seem to have been much of an exodus. Last time nearly 2 million shares dropped the same day. Yesterday, only 150k dropped... Seems to me the egm requisitioners remain committed to the fight to see KDR successfully commercialise it’s assets. Question is - does the current board? L
lazygun
19/10/2019
09:47
as i sat in the EGM yesterday I had a brief moment where I thought I was in a care home. I would laugh, but it was all rather tragic in reality. Shame we lost, but this is a 'family' run business, and they will do everything they can to keep it that way. If they continue to lock out shareholders, withold information, refuse to release any kind of plan then I would expect more shareholder action down the line. Of course, if they do sort things out then they might, just might, get support from their shareholders. Ball is in their court IMHO, how they play it determines all our fates
witchywoo
19/10/2019
08:57
KAV By all accounts Mikes Moles is now at the drill site on the northern part of the KSZ with Hillary Gumbo and the whole local KAV team. A live from drill site interview with Mike Moles is planned for early next week. Very exciting times!
cpap man
18/10/2019
19:50
Lazygun / Hoops I dont think there is anything further the Requisitioners can do apart from laying down their swords this evening .
rbonnier
18/10/2019
19:18
This is far from over.!!Romney joe Until the company deliver good news/results
hooops
18/10/2019
18:39
Ok Jones. K M S C Who ever . You know TA ?
hooops
18/10/2019
18:35
I'm intrigued as to why you call me Jones, who do you think I am? And no, never met this Anderson or Martello company so can't help you there.
robemy
18/10/2019
18:32
Looking at the numbers. It does seem like the additional shares converted by the prof and the additional TA shares swung it for the incumbent board. But still, even though the board has survived the vote for a 2nd time, how much more can they achieve without a sizeable finance package. And of course any package if it’s equity based will inevitably dilute, and destroy the share price - this will affect the incumbents as well as the egm requisitioners alike. I see little point in that. I’m hearing numbers ranging from around circa £500k, all the way up to £2-£3 million or more..... who is going to step in with those kinds of numbers? Still feels to me like this story is far from over. The requisitioners not likely to give up at this stage, the incumbents similarly.... and given the prof’s advancing years, i’d Say time is still very much against him Looking forward to the next chapter in the saga of board control for Kdr... L.
lazygun
18/10/2019
18:30
No Jones A kick up the company backside. !! They done a brilliant job of that without our help. Ask Anderson you know him better then your letting on. ?
hooops
18/10/2019
18:00
The Requisitioners should of got an order to prevent Conroy placing shares and then bought 15% on the open market and tonight they would of been the directors .
rbonnier
18/10/2019
17:52
So, what has this achieved? Nothing, apart from us all being diluted and delayed, this is all on you hoops and co.
robemy
18/10/2019
17:44
Don't forget the company probably paid Business class for Sorca from USA Bird from Canada Tea party and fry legal costs. ??? Must have spent Anderson 50k already?? Bank back to near 0 !! Who will cough up next 50/100k ???
hooops
18/10/2019
17:14
Counterproductive. Right us plebs should just roll over and suck it up. Sorry I forgot.
sirianbotham
18/10/2019
17:03
Lost due to a lack of £150k and a system that perpetuates lifestyle companies.
sirianbotham
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