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tomcat-14
Do I get you correctly? KDNC can NOW start shipping the iron ore to release $10m profit?
Is there a date given of when the shipping will start of the Amapa stock pile?
Why did Kiran Mozaria NOT mention this in his latest interview on ************* and it is now on the KNDC official Twitter?
Tomcat-14
Do you agree with Observer842 or tradecrafts spread-sheet [I have never seen tradecraft*s spreadsheet] -observer quotes KDNC could go to £5-10 when in full production at Amapa @49% share of Amapa? I ask because observer said there are so many ticks/recs?
Its ok if you dont want to answer on the last point but I will wait and see if anyone is going to put their savings or draw more savings based on this?
Thank you.
yes... there’s an rns... https://www.lse.co.uk/rns/KDNC/update-on-the-amapa-iron-ore-project-jauiiriv4x26yb8.html ... dev can ship a limited amount of the stockpiles to release $10m net...
LoL @news. How about instead of reading everything quickly, you read it carefully... I said: "LoL @news. I suggest you look at the number of recs for the post containing @tradecraft's spreadsheet based on the scenario in question on 22 Jan '21. It stands at 25 at the moment"
EyeGuy and Observer842 has posted on the other side. EyeGuy tells me that SHIPPING can start without the FINAL SETTLEMENT AGREEMENT SIGNED? From my perception, if there is no final settlement agreement signed, then shipping of the Amapa iron ore STOCKPILE CANNOT START?
Logic and reason 101?
I am posting it here so that I would like to hear from others as well and not EyeGuy and Observer842 only.
If this is true, IS THERE AN RNS to say so yet as Kiran Mozaria in his latest interview on ************* DID NOT say so? This interview is very recent, only days old and is on the official KDNC Twitter site.
Thanks all.
Sat, 6 Mar 2021.
Also, Observer842 said he got many recommendations [I read his post quickly and I think that is what he said] for his £5-10 for KDNC share price when Amapa is in full production and at 49% ownership? I have NOT seen anyone on this forum in agreement thus far? No broker reports have said so? KDNC has not said so?
Can you share the link please @maddog.
click on the blue letters at the bottom
I am unfortunately not able to find it @maddog.
yes
@Maddog - Is the next page involving Dev?
next page lol
Not food @maddog.
This was the content I was referring to.
Process 1078880-82.2020.8.26.0100 - Credit Qualification - Credit Classification - Joaquim Carvalho Nobre Dias - Dev Mineracao SA - In Judicial Recovery, - KPMG CORPORATE FINANCE LTDA - Visas. Preliminarily, to the judicial administrator to inform: 1) Date of the break or distribution and deferral of the processing of the judicial recovery, as well as if the incident is timely. In this case, the Judicial Administrator must petition informing that he will proceed with the administrative analysis; 2) If the qualifying / impugnant was included in the list presented by the judicial administrator referred to in art. 7 , paragraph 2 , of Law 11.101/ 2005, and must indicate the amount and credit rating; 3) Whether the General Creditors' Board has been approved; 4) Whether the requirements of article 9 of Law 11.101 / 2005 have been met . 5) Timeliness analysis for the possible application of Article 1 of Law 15,760/ 2015, regarding the collection of costs. If there are sufficient documents, the judicial administrator must immediately present his opinion, instructed with an accounting expert report, within 10 days. In the event of impossibility, the judicial administrator must inform the Court and proceed directly to the applicant's patron, requesting the complementation of the documentation. Deadline: 30 days. After, if in terms, the bankrupt / recovering is heard and the parties of the opinion of the judicial administration are made aware, emphasizing that in the bankruptcy proceedings, the file of the case must be opened to the Public Prosecutor for presentation of the final opinion. In due course, make conclusions for decision. Int. - ADV: LUIZ ANTONIO VARELA DONELLI (OAB 248542 / SP), JOSE ROGERIO LIMA DE ARAUJO (OAB 149578 / SP),JOSIETE DO SOCORRO BOTELHO DIAS (OAB 2896BAP), OSANA MARIA DA ROCHA MENDONÇA (OAB 122930 / SP)
I have promised to try and be less negative, but I see the spreadsheets are out with avengeance today, and we are still no nearer to formally having the ore to ship -- as always I would love someone to prove me wrong here !
they are rambling a bout food in those docs you posted
@maddog - Food?
@Tomcat - :) Thank you.
Anyway,,, Lets hope for a stonking RNS at 4pm ===== 20% owned and sit back and watch the fun....
OR
Start the Friday Pun day!!
@Legal: But still lower than the 2.5p day...
Circa 6 times higher than it was just over a year ago?
KM may be giving lots of talks but no one is listening look at the S/P
Cause/ what is this food business
There were a few of them yesterday @tomcat. Could be tying up loose ends...
no... it’s the other one... https://www.jusbrasil.com.br/processos/108114723/processo-n-0015946-4720168260100-do-tjsp ...
Thanks @Cause and @EV_Bull (and @tomcat!)
I believe those appeals all predate the JRP approval, suspect they are all loose ends being tidied up as subject to the JRP conclusion they will no longer be relevant.
I don't think we will have too much longer to wait.
----
Recoveries must manifest themselves within 5 days. In due course, make urgent conclusions for decision.
----
Maybe they are referring to this @tomcat?
https://www.jusbrasil.com.br/processos/313320901/processo-n-1078880-8220208260100-do-tjsp
This gives a 30 day deadline. But not sure for what..
Could be @tomcat! But could be completely something else. LoL. @EV_Bull? Whatever it is, it feels like we are close :-) Around a month until first shipment. Will we have our 20% before then? Perhaps! Perhaps not! ;-)