Member Info for 165zephyr

So I am expecting my broker (IG) to add a new row to my portfolio to represent this offer, which I can subscribe to if I wish.

What I am not so clear about is how would one request to be considered for the "excess" shares, should any be available? Any pointers from previous experiences?

Thanks!

1 to every 20 shares

Regardless of all that's happened over the last couple of days, I note that the share price has been quite resilient and hasn't dipped to the level of the placing. When placings of this sort happen, it is quite normal for the SP to drop to, or below, the level of placing. Seems like a good sign to me in addition to the fact that there has been good II interest. Today's trading volume is also a positive sign.

Now eagerly awaiting if/when existing PI will get an opportunity to buy a piece of the pie at placing price.

GLA.

Nice to see KDNC appearing in headlines/news etc. I recall when Alba hit the headlines when they confirmed large deposits of gold, its SP went beserk.

KDNC Finally getting the recognition it deserves. Will hopefully help in getting the share price where it needs to be.

Now with the proposition of trying to sort out the last remaining BCN holders is all but gone, I am expecting KDNC's JV to gain traction much sooner ..... fingers x'ed !

GLA

@MBW - the statement would've been generated post name-change, and therefore would reflect the current name.

Stumbled across my brokers statements and was amused to see my very first investment in REM:

BOUGHT 664565 CADE MINE @ .000735 on 21-JAN-13

Unfortunately I didn't hold, and had been trading the share back then :-(

Care to share your story?

Hey folks,
Congrats to everyone who's held on thus far, and good luck for the future which looks pretty rosy to me.

I too, was in a similar position - invested in the days of REM and saw it being heavily diluted. Wrote-off KDNC for a period in time (also in part thanks to my broker that went bust and I didn't have access to my ISA portfolio). But had the nerve and confidence to average down heavily in the past 12 months to get to a point where I am now in profit at these levels.

I sit tight as I can see that this is just the beginning - there are so many short to medium term catalysts that it would be insane to sell just yet. I was expecting the price to already be trading around 40-60p on the back of Amapa, but as we all know this share has a mind of its own.

I would also like to take this opportunity to thank the genuine investors who have been sharing their wise words and research and helped us all keep sane and focused on the end goal - I know I will miss out some names but EV and Obs immediately come to mind.

Stop teasing EV, spill the beans !

Hey Folks,
Ganfeng has made the formal offer for BCN today, and I am thinking the potential impact on KDNC. Surely Ganfeng would like to have all of BCN to themselves, and therefore potentially come after KDNC's 30% JV with BCN?

Any opinions/thoughts?

Come on mate, spill the beans @EV :-)))

How strong a signal is it?

Ok my conspiracy theorist mind is thinking if it could be to do with our BCN JV and Ganfeng?

Morning EV,
Mind sharing what this new information is? You know, curiosity killed the cat !

Nice work @Obs.

Whatever the share price estimate, these calcs include Amapa only therefore factoring in the other bits will only drive the price higher. I think an RNS really is due this week :-)))

GLA

I still hold the opinion that its unlikely we will get to the full 49%, but would be great for us shareholders if we do.

I am quite happy to run with conservative estimates north of 27%.

Either way, time will tell no doubt.

@Tomcat - if that was directed at me then all I am saying is that I see it highly unlikely for KDNC to get ownership of 49% of the project, as the project should should be able to fund itself.

I think they officially only have 4-5 employees, all of which form part of management. So don't think that would be a source of any leak ...

SP has spiked with no apparent news.

Someone, somewhere knows something that we don't !

Agreed @Bannor - which is why I say that take the 49% with a pinch of salt as the iron ores will fund the capital needed to get the mine back into operation.

I personally am factoring in only 27% of Amapa for my calcs.