Karelian Diamond Resources Share Discussion Threads

[ladybird1] 04/2/2020 17:17

Shame we backed the wrong horse, Hoops.

[hooops] 04/2/2020 17:10

Cgnr up big time today !!

[hooops] 28/1/2020 07:00

We're looking at things in a very different way to how Kimberley Diamonds did it; it would be a more modest operation which doesn't require the big plant and machinery," he said.
"You're looking at an operation that only involves about 5-10 people to get up and running, not the hundreds that Kimberley Diamonds had [but] that doesn't mean it can't be very profitable."

Rio Tinto Argyle diamond mine's future may decide fate of Australian industry

CHANGING TIMES ??

[timanti] 16/1/2020 17:00

So either the January 2018 RNS was bu!!$h!t or the January 2020 one is just repackaged news.

Really, one year and 352 days between granting of a claim and being given the permit? Looks like the Finns have reset their clock to "Conroy Time".

09 January 2020 - DIAMOND EXPLORATION PERMIT OVER LAHTOJOKI SOUTH

KDR is pleased to announce that... TUKES has granted an Exploration Claim... close to the Company’s Lahtojoki mining concession, covers an area of 28.84 Hectares. As a result the Company can now carry out its exploration.

22 January 2018 - EXPLORATION CLAIM GRANTED OVER KIMBERLITE BOULDER AREA

KDR is pleased to announce that... TUKES has granted an Exploration Claim... which is close to the Company’s Lahtojoki mining concession, covers an area of 28.84 Hectares.

Professor Conroy was "delighted" the first time but only "very pleased this" time around.

[hooops] 13/1/2020 14:45

#KDR #Diamonds @KarelianDRplc #Exploration
𝐊𝐮𝐡𝐦9848; 𝐊𝐢𝐦𝐛9838;𝐫Ү45;𝐢𝐭;𝐞𝐬 𝐓𝐚𝐫𝐠9838;𝐭Ү52;
Cluster of untested anomalies in Kuhmo area (6,000Km²)
21 Anomalies identified 5 Kimberlites (Seitaperä, Riihivaara, Anomaly 5, Lentiiraand Havukkasuo)
hxxps://buff.ly/2XUhhwS

[robemy] 10/1/2020 09:33

Agreed, this is much bigger than many think.

[hooops] 10/1/2020 09:12

I Cant believe why this is not exciting folks.
Its massive ,o well keep building as ever!!!!!

[ladybird1] 10/1/2020 08:43

Been thinking about the likely relationship between this announcement and the coming on board of this most significant new investor/Board member, which surely directly linked. I guess the link is that the gaining of the licence makes the renewal of the next-door RTZ concession pretty well assured. That removes a major point of uncertainty.

[hooops] 09/1/2020 17:21

Now we want RTZ TO SHOW THERE HAND!!!

[hooops] 09/1/2020 17:20

Was a copy and paste from lse and directed at all .
in past text Ladybird since he was announced by the company,
Bing saying it for a while.
The bigger picture is ticking clock ,so the Board has to go at this now,they have no choice .
Great for all those that held or added.

[ladybird1] 09/1/2020 17:06

It was to him I was referring, Hoops. Whom did you think I meant?

[hooops] 09/1/2020 16:59

You overlooked AG mining and Mr Fredrik Björnberg 3,000,000 (6.97%)
The company have to deliver now!!!!
2020 rerate .
Or lose it!!!!

[ladybird1] 09/1/2020 16:53

Interesting this comes hard on the heels of seemingly the most significant investment/new Board member. The expectation of this licence presumably part of his motivation and perhaps explains the otherwise apparently inexplicable premium to then current share price he paid?

[witchywoo] 09/1/2020 16:46

about bloody time - shame they never bothered telling shareholders reason for delay (legal shennanigans), or amount they've spent on legal fees - though most of us knew anyway...

[hooops] 09/1/2020 16:42

Lahtojoki will be much bigger then first thought now I reckon?

[hooops] 09/1/2020 16:29

Karelian Diamond Resources plc (“Karelian Diamonds”) (AIM: KDR), is pleased to announce that, on 8 January 2020, it was informed that the Company’s Lahtojoki South ore exploration permit, granted in January 2018, has become legally valid. As a result the Company can now carry out its exploration plans for the permit area.
The Lahtojoki South exploration permit, which covers 28.8 hectares, is of particular interest to Karelian Diamonds as it is situated close to the Lahtojoki diamond deposit, in the Kaavi region of Finland, over which the Company has a mining concession. Kimberlites are known to occur in clusters.
The exploration permit granted includes the area in which kimberlite boulders were discovered, to the south west of the Lahtojoki diamond deposit, and extends over 400m up-ice from the boulder discovery site.

The nature of the boulder material (an altered hypabyssal kimberlite, announced 12 January 2017) shows that it is not derived from the Lahtojoki kimberlite (a diatreme filled with tuffisitic or tuffisitic breccia kimberlite).
This suggests, along with their location, that the boulders are from an undiscovered kimberlite up ice from their initial discovery site.

The Company commissioned a Preliminary Economic Assessment on the Lahtojoki Diamond deposit which highlighted the economic viability of the deposit (announced by the Company on 1 August 2017).


Professor Richard Conroy, Chairman, Karelian Diamond Resources plc commented:

“I am very pleased that this exploration permit near to the Lahtojoki diamond deposit has become legally valid, enabling the Company to proceed with its exploration plans for the area. The possibility of a new diamondiferous kimberlite discovery close by further increases the overall attractiveness of the Lahtojoki Diamond Deposit.”


Massive step forward !!!

[sirianbotham] 09/1/2020 16:12

Would like to know why it's taken two years from having an exploration permit granted to it being legally valid?Surely shareholders would have read the jan 2018 RNS and assumed kdr could undertake permitted exploration activities as nothing has been mentioned to the contrary. Either exploration rights are granted or they are not.

[robemy] 09/1/2020 15:29

Well we have some news today in the form of a permit.Been a long time coming but finally in the bag.Lahtojoki probably not big enough for a major like Rio but..."The possibility of a new diamondiferous kimberlite discovery close by further increases the overall attractiveness of the Lahtojoki Diamond Deposit."

[hooops] 07/1/2020 15:20

Nice tick up Bonnie ,LOTS MORE NEWS THIS YEAR ??

[hooops] 04/1/2020 09:00

Diamonds
Product
417
Employees
14M
Carats Production
100%
Ownership
1983
Started
2018 figures
RTZ Argyle DETAILS


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

KDR ESTIMATED LAHTOJOKI

Now RTZ WILL CLOSE END OF THIS YEAR
What if lahtojoki is 3 x bigger then estimate??

KDR WILL BE WORTH A FORTUNE AS MANY DIAMONDS ARE Believed TO BE COLOURED 60X THE VALUE
OF CLEAR DIAMONDS !!!!!!!!!!!!!!

NOT FORGETTING
SEITAPERÄ DIAMOND PROJECT
RIIHIVAARA – DISCOVERY
A5
ETC

[witchywoo] 03/1/2020 12:51

fair play to you hoops - I think when you hit 2m shares you get a night out with Maureen and a KDR sticker ;)

[hooops] 03/1/2020 11:46

Karelian Diamond Resources plc (AIM: KDR) announces that it was today informed that Steve Coomber now holds 1,750,000 ordinary shares of €0.00025 (“Ordinary Shares”) in the Company, equal to approximately 4.07% of the issued share capital and voting rights of the Company.

[hooops] 03/1/2020 10:32

Has one of the recent rampers quit yesterday
10 k sold .
Of remains of ex main shareholders stock?

@KarelianDRplc Twitter

Build
Even the company talking up kdr.
I never expected that!!!🤪