Member Info for Bannor

Just a result of 'no fee' trading platforms if you ask me .... allows people to trade ridiculously piffling volumes without any cost attached & little risk.

Indeed ... remind me again who it was that said they might need to get directly involved in the mining business & who has or will have significant vehicle manufacturing in Mexico .... Just a thought ...no wish... no hope ... no desire ... no prayer :-)

LoL .... that only matters if you're producing rather than have been bought out ....personally hoping for the latter for the minimum $200M 'potential' KM put forward in the unpublished 2018 webinar :-)....... although in the same webinar he did also indicate the potential for our Yangi JV's was also $200M as well & that has far from come to fruition .....yet anyways LoL.

Jeepers though TC ....that's over 7 years ago ..... way to drag something out eh!! LoL

LoL :-)

Crikey .... couldn't even get a price for 5K without going to a NT .... offered 14.7 for 4K :-(

"Why is the sp dropping ?" - that's the easy one you've only got to look at the volume of sells close to or at the bottom of the bid versus the volume of buys nowhere near the top of the ask..

The real question is why are people so often willing & ready to sell .... there are a few answers to that question IMO :-))

Oh well ... If not our ore the fees might keep the lights on in the offices for a day or two LoL

...on its way passing Macapa now .... did we ever nail down whose ore it was carrying?

Caillean now kissing the eagles beak ....

Looks like it's getting busier now .... Tug (Caillean) anchored just of the bow with another vessel on approach ....

....

...just click on the vessel & it's current status & destination will be shown.

...showing destination Port Elizabeth South Africa.

LoL ... I haven't referred to the JRP for ages ...I'll have a check & see what it says on the subject. :-)

could be entertaining but I don't think he'll have much chance against a horse :-))

@MD KDNC negotiated an additional 3% of PBA in exchange for the conversion of loans, debts & cash to the equivalent of approx $3.3M (which you could reasonably argue might set a minimum precedent for each additional 1% in due course ......

@ TC .... with the best will in the world, unless you're very close to the whole thing I don't know how you can know what the agreement/structure/interest is or was on the money provided to enable DEV to ship being converted into PBA equity - I don't think you can just pluck the 'loan agreement' as it existed between KDNC & DEV & overlay it as an agreement between INDO/KDNC via PBA to DEV ..... we don't know what agreement was reached between KDNC & INDO regarding the prior loan over & above it now being considered a pure cash injection to a 100% owned company by PBA into it's only holding & reason for existence..... with INDO agreeing to release an additional 3% of PBA to us in exchange for that + outstanding fees & cash.....

In fact, as effectively a holding co I'd be quite surprised if PBA are taking, expecting or charging interest on anything to DEV IMO.

the KDNC announcement is here, read/take from it what you will.

https://www.lse.co.uk/rns/KDNC/investment-update-g6l34zacmvs4rg4.html

... assuming you're talking about the 18% interest rate being applied to to loan we made the answer is no .... the debt, cons + cash was all rolled up into the exchange for the additional 3% taking us from 27% to 30% holding in the JV PBA.

Indeed ... either that or someone with a no fee trading app open is having a seizure :-)