Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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-60/70 % 🥴
A preliminary economic assessment (PEA) at Lahtojoki 2017, based on a non-JORC resource of 2.25m carats, estimated the deposits contained value at $225m, with an NPV8 of $39m, enough to support a 9-year mine life. Capital costs come to a modest $22m
Knowing Mr Brannon history on diamond a very conservative PEA
Correct me if wrong but that equates to £2.15 a share @ 105 mil shares issued 🤔
Very small but very profitable and it’s past proven
After 21st June that’s a concrete reality when the full permit get’s issued
💯 convinced Kuhmo will return at least two diamond mines but suspect a province if my research is correct and with the amount of Garnets reported In nearly all our past releases ,we are almost certainly there????only my opinion, remember we know from last week’s announcement and 23samples in our backyard!!
Northern Ireland been so successful in sediment exploration and results from ODM Canada
500sqklm 😵💫
KDR has now or is reviewing
Jappila which is very close to our Liperi license in southeast ,
More Copper and base metals 🤔
Folks think let’s get out of the gravy’ 🚂 as soon as I can get my money back .
60/70 % on investment and some even more
While others build for the Finnish Line
We she’ll see !🤔🇫🇮🇮🇪💎
Prof always states we KDR are in pole position 🤔
This is from Mr power of Artic Exploration
Interesting both parties have been dormant in Finland since 2017 until now considering the next paragraph put a price on a very major deal for both day from a major company 🤑
I don‘t know of any other place on the planet where a new diamond field is being discovered and delineated at the very moment as most of the favorable places for kimberlites have already been investigated. Finland appears to be the latest “hot spot“ for the discovery and development of a new diamond field. When you look at the following slide from Hugh‘s presentation, you can
see that there are not many places in the world favorable for diamonds and that Finland is one of the last places with pristine chances of finding a new diamond mine.
Next step KDR
Prof mentioned in interview drilling in coming months ,hmmmmm
Not the first time they promised that and failed to deliver ,was that due to the Lahtojoki permit ?But hang on that's Kuhmo some two hours away by road.
SOMETHING tells me things are different in company moving forward at speed in 2024 with the permit pending by mid June (30days appeal in Finnish law after the 21st May planned meeting )
Kevin mentioned in Agm we may need to drill in swamp land A5 GREEN winter time.??
Prof mentioned drilling coming months as its currently too wet, but didn't say weather its for
Lahtojoki Diamond Project
Kuhmo Green Diamond
Seitapera Diamond Project
Riihivaara – Discovery
Northern Ireland PGM
With respect this company keeps cards close to their chest
WE are on the verge of a world class discovery in Kuhmo, or even a emerging province what would be massive for our tiny company
Also very early stages for Northern Ireland ,as again Kevin mentioned ODM WERE ON THE PHONE SAYING THESE SAMPLES ARE OFF THE SCALE !!
ODM don't call you up and express comments like that lightly ,they are renowned world class experts in heavy mineral exploration industry pioneer and Global leaders.
No two bob outfit !!!
Lahtojoki
The permit is on the way and delay is due to boundary amendment not the compensation appeals as the prof suggests ,had to start again in submitting application ???
Sorca prof daughter mentioned to me or suggested we may even have blue fancy diamonds as well as publicized pinks ,7% FANCY DIAMONDS 3% OF WHICH IS PINK
But that's only the original site and its already well proven and documented
Added south license to Lahtojoki which this release from the GTK
The GTK report also states that the compositional data of picroilmenite grains from the boulder are
“outstanding” and “an important indicator for good potential diamond survival”.
outstanding !!again like ODM ,GTK IS WORLD CLASS COMPANY do not make wild claims!
The GTK report also highlights that chromites, which are relatively rare in the Lahtojoki kimberlite diamond
deposit, appear to be more common in the boulder and is therefore further confirmation that the boulder
does not derive from the Lahtojoki deposit. The report further noted that garnets, with high chromium oxide
“wehrlite” compositions, which are not seen in the Lahtojoki kimberlite, are present.
We could have Lahtojoki three time the original size then the current permit we are waiting for
KDR COULD WELL BE ON COURSE FOR HAT TRICK
NAME ME ANY OTHER AIM COMPANY WITH THAT SORT OF HOLDINGS AND 100% OWNED ?
Yes, it’s a great interview, he’s so understated as he discusses how close they are now.
As you say, important to be holding if a significant announcement is made.
Any buying will move this up quickly, very low free-float.
Lets hope if as the Prof says funding required is not another cheap discounted placing and its Friday tomorrow 😂😂😂
For once it would be nice at a premium or JV .
Hi Might be 90 but i doff my cap to the prof and his past record is unquestionable as one of the world most prolific discovery giants ..
This imho K D R is a world class dark horse ,,feeling rather smug sat on the plane waiting for take off rather then trying to buy a ticket.🤔🤔🤔
O!! how they have laughed at me over the years as i carried on regardless !! Well i think that may well change in the coming months .😎
RECAP
KUHMO
LAHTOJOKI
NORTHERN IRELAND
100% K D R
B U I L D
Yup, these were bottom drawer for the dark winter months and I’ve been building a whopper holding in another stock.
However, I’m still holding a big chunk here for the long term, although let’s see what this summer brings.
The land court proceedings on May 20th could be a catalyst.
It's been a while Mozax
Easy to sell, hard to buy.
Snow is melting and everyday is getting longer.
Is 2024 the year of the motherload?
May/June will be an interesting time. I think it's likely that a JV will be annouced in 2024 for the Lahtojoki project.
I think it is rude to sell at the moment.
Still, when they find the "big ones" and the SP is 27.5p ......................................
Only Fools Sell now .
Wow!! We have certainly increased our average volume today!! ISA inflows perhaps or someone who understands diamond fields!?
Stock very tight, up 17.39% on 500K buys.
Interesting podcast and only snippets of what we have but this is a list of what we are currently are on and that's not all ??//
SEITAPERÄ DIAMOND PROJECT
SEITAPERÄ DIAMOND PROJECT – LARGEST KNOWN DIAMONDIFEREOUS KIMBERLITE PIPE IN FINLAND
RIIHIVAARA – DISCOVERY OF POTENTIAL NEW DIAMOND SOURCE
RIIHIVAARA EXPLORATION PERMITS EXTENDED
Extension granted for Exploration Permit Riihivaara 26 (Riihivaara Kimberlite discovery)
Adjacent Riihivaara Exploration Permits 24, 24a and 24b also extended
Kuhmo - Green Diamond
A green diamond has been discovered, in the Kuhmo area of Finland, and a series of potentially diamondiferous kimberlite targets identified. A follow-up excavation and drilling programme is in progress.
Northern Ireland PGM
An exciting new development for the Company is an exploration programme for nickel, copper and platinum group metals following positive results from a stream sampling programme in Northern Ireland.
LAHTOJOKI DIAMOND PROJECT
LAHTOJOKI DIAMOND PROJECT – MINING CONCESSION ACQUIRED
A diamond mining concession has been acquired over the Lahtojoki diamond project in Finland.
The Lahtojoki diamond project is situated in the Kuopio – Kaavi region of Finland in a highly favourable location with excellent infrastructure including good road access, power distribution and local technical and logistics availability.
LAHTOJOKI SOUTH DIAMOND EXPLORATION UPDATE
Mantle garnet minerals observed in Boulder Material
Cut section reveals purple to red garnets and ilmenites
Results provide further evidence of undiscovered, potentially Diamondiferous Kimberlite
in the vicinity of Lahtojoki Diamond Deposit
Diamond Exploration Reservation Granted In Liperi
Diamond exploration reservation granted in salla
JAPPILA
To name only a few and all 100% KDR
Topped up again recently, hope this goes the right way soon,.
This is my campervan fund not for my future stair lift!
Good luck to all long term investors.
I enjoyed the podcast and I can only imagine the value of what KDR are sitting on. Sounds like they've had offers but turned them down. If what they are saying is there then the longer term potential of KDR is immense.
Correction Bonnie
Lahtojoki could be £7.50
Likewise copper Northern Ireland
If proven
💎😉
Is that what he said were worth billions if its like the Russian grib pipe £25 a share is 2.5B blinking heck !!!
Mostly important from today’s podcast when questions if we discover a pipe or pipes (me convinced we will )
Prof said if any remotely like the Russian Grib pipe we are worth billions
Add multiple million of Lahtojoki
And imho if 500 sq klm Nickle copper base metals in Northern Ireland
Many many multiple millions if not Billions
All 💯 KDR
The drilling would be required if it’s the same location via winter and it’s in swamp area so frozen winter drilling
Kevin said at AGM I must get on to drilling company 🤷♂️
Frustratingly the Prof didn’t answer the next steps question at the end of the interview. Is more sampling required or do they have enough to drill?