Member Info for Ade2017

They have diluted agsin to raise £420 000 to pay themselves and their buddies, b**ls**t about why they have raised it, Sam's old from CONroy

On IG ?

Over the coming months and years, it's a long term investment, get them whilst they are cheap and forget about them for a while

Unless your trading. Lots of potential with developing the business and gaining cash via the courts imo

On IG

Thats a nice buy for a Friday morning??

RNS on Thursday next week, more than likely , seems to always be 14 days or less and on a Thursday!!!

Is looking more likely with that volume and SS will want to have a meaningful SP

Usually within 14 days after the end of the month for production figures and fingers crossed everything has gone to plan since the last update, with Brent increasing in price it could be a good RNS , it will all come good but when that has always been the question.

People are anticipating an RNS updating May activity next week, fingers crossed for a good one

Steady on....updates next week , monthly output and updates on one of the deeps on low level drilling

Lol, my post was deleted, why except for telling the truth. I'll phrase it a different way, give me a solid not speculative reason to buy, 10 reasons to buy would be interesting debate.

I would say establishing a commercial diamond mine in Europe is definitely a long shot. Look at problems companies have getting Oil out the ground and the costs incurred, mining Diamonds is by far more expensive and a huge amount of luck is required. The company has no worth other than the licences which they value at 9 million , they are having a laugh and taking the **** with that valuation. The 24k invested earlier is a trader hoping for easy money, let face it this share does fluctuate but for all the wrong reasons. All those currently invested good luck, I truly hope I'm wrong but don't trust the BoD here !!

Looking at the Half Year Liabilities due within 12 months is just over a Million quid, they will definitely need to get cash from somewhere or renegotiate their debts, mixture of both I would imagine, lets see what happens. The next RNS will be a fund raiser of some description, I reckon a real howler of between 500k - 750k, I'm happy to be wrong but unlikely.

How folk can say its a Strong Buy is amusing to say the least. The only non-African country to have deposits of Diamonds is Russia, the difference between the two countries is that Russia is highly rich in natural resources because of its geographical location and contributes about 22% of the world’s diamond supply. I have always doubted the 'green diamond' discovery, a convenient find to get some attention. KDR will only be an exploration company and they will never be able to sell their research to tempt a bigger well funded company, this will go on forever with providing the occasional delusional RNS and when the time is right fleece investors with continual placings. People need to do their own research before investing any decent cash, invest what you are prepared to lose. Have a look at the Administration Costs, this is where the money goes, what do they actually do to command any salary? Just be careful of those ramping this into something its not, research is key to any investment.

At this stage there is no clear indication for any potential for a commercial diamond mine, KDR is small fry in this industry. To ascertain true potential will cost a fortune and would require an established company being involved, if they can be bothered to spend the money required. So for the time being funds will be raised , the price is irrelevant , the company has no value except for the licences which only time will tell if there is any worth. This share is a long term punt only, my view from a true Geological perspective is it is unlikely of any great worth and it will cost another million pounds to find out !! Is it really on the correct giological planes in Finland that has forced the diamonds closer to the surface? This is also debatable.

Neither do you!!

On here today, this will drop again at the next RNS when they want to raise more cash to pay themselves, be warned , many years if at all that this will come good.

Will be a placing of shares which will pay admin costs i.e salary for doing SFA.

Can't lose at this price, got to be worth a few hundred, potential to double your money, update within 2 weeks