Member Info for Bannor

LoL .... It is what it is @ TC ... I've got a screen grab of it for my own reference ... as for what it's based on who knows!! as you say possibly the best worst case scenario 😁

....the fact that it doesn't fit the narrative of 'research notes' bought & paid for by KDNC or with some other vested interest doesn't make it any the less real & is out there on a very well respected brokerage platform who haven't been paid to produce it on the basis that it will definitely progress or be sold for a price based on the PFS & have no vested interest in the success or failure of KDNC other than trading in it's shares with punters whilst it remains a 'going concern' .... perhaps they instead consider the significant number of projects that fail to progress from PFS to DFS & of those that do the significant number of projects that fail to progress from DFS to production .... Just pointing out it's one end of a 'potential' scale how accurate is anyone's guess .... What I do know is that the 'fair value' research notes issued over the years by those paid by KDNC to produce them or with a vested interest have continually dropped in their 'fair value' assessments over the years, in no small part as a result of the continued poor performance & constant dilution by our BoD....

As it happens however I'm inclined to agree with witty that the real number will hopefully be somewhere in between the optimistic 'paid for' research notes issued recently & the unpaid for ambivalent values assigned by an effectively unbiased Broker without a vested interest in it either way.

...that's what you find when you rely on reports that are promoted ... It was as indicated below from a source without a vested interest one way or the other ... if you know where to look or have the access it's there for all to see ... whether it's accurate or not is about as certain as to whether any of Zeus's or anyone else's are ...

..won't say where it is (but suspect many will know) .... but it's a bit different to this one eh!!

KDNC

Fair value estimate

4.6344p

57% discount

Updated 28/04/2025

....nothing of any significant size though ...just smallish PI sized volumes as they trade in/out nothing much to read into that at all IMO...

..... nothing new then other than a significant reduction of in the quoted 'fair value per share' .. having said that I'll take 18.9p if someone wants mine 🤣

Respondent(s):

Dirección General de Consultoría Jurídica de Comercio Internacional Secretaría de Economía, Mexico City, Mexico

Tereposky & DeRose, Ottawa, Canada

Pillsbury Winthrop Shaw Pittman, Washington, D.C., U.S.A.

Language(s) of Proceeding:

English,Spanish

Status of Proceeding:

Pending

Latest Development:

April 26, 2025 - The Claimants file a memorial on the merits.

..... as many will know I'm not really into second guessing, however in my experience of business preparations for beneficial increasing events, M&A's etc I don't recall anyone having to leave prior to the event rather than at the same time or after, so I suspect a shrinkage due disillusionment, better offer elsewhere or natural wastage would be my best estimation - what's interesting is vacated posts either have no succession planning, are untenable or clearly not being filled, if it had been that somebody was caught with 'their hands in the till' that wouldn't make the position redundant per se - so updating the workforce numbers on the linked in page might mean something or nothing .... until we get news from 'The Silenced Ones' who knows but news is well overdue on the Hesperian 'Deal or No deal' & what they've done/doing with the dosh from the last raise & Amapa.

At least it won't be news of another raise without first gaining our further approval to do so.

.... I would have thought an operation on the brink of starting operations again would be increasing in personnel numbers not shrinking & clearly someone's updating the linked in page but still no new postings in nearly 10 months .... hmmm 🤔

.... see they're down to 16 employees now!!

.....possibly ... the whole point about an NDA is it restricts disclosure, potentially to the extent that there even is an NDA!!

....yes indeed Mrs Padovsky has been sent out to get the finest 'Salt Bae' hobnobs & Silvertip tea 😂

....OK that works fine for me, I suspect they're wanting to renegotiate the terms of investment following the rise of Antimony prices (as well documented here!!) ... for me just walk away keep the raised funds to settle debts/salaries etc.

1) Finalise Amapa for a sale in the (hopefully) several 00's $M nett.

2) Sell shares & interest in Eagle mining.

3) divvy out proceeds to shareholders... retaining enough to...

4) put the company on care & maintenance whilst...

5) ...waiting to See the outcome of Ganfeng V Mexico govt as effectively if they lose we lose & if they win we win ... if they win sell up interest in Mexico & divvy out to shareholders & once that's done then if they lose or once that's divvied out close the company down.

Perfect end to a massive roller coaster downhill Ski jump with a nice kick at the end. ... then everyone here BoD, PI's & associates can all bu&&er off & do other things 😁

LoL 😆 ...

... haven't you heard, we've been in a reversal zone for the last 12 years .... all the way from the equivalent of £2 per share (pre consolidation) to less than 2p per share - doesn't take a genius to work out that's over a 99% drop .... what we need is a reversal of the reversal!! 🧐😂

Silence on Amapa - what's happening with approvals & consequently licences ????

Silence on Hesperian - did we didn't we, have we now got funds in the account to pay salaries or spend on exploration???

Silence on EMH (sold out now IMO) EG1 75% down & we can now sell??

Silence on Sonora - progress or status with legal challenges, although that's still years away from anything IMO, which hasn't changed since the licences were cancelled.

Silence silence silence - come on Kiran & co - sort it out now & preferably not in abject failure as per everything else over the last 10 years!!!

.... probably won't be announced here as relating to share issues & director change notices... if anyone's interested...

...sell IMO ... one of the 'nearest & dearest in the last raise @ 1.50 taking 20% whilst feeding the only 2 largish buys today ... BID/ASK hasn't moved all day.

..on an awful day for stocks globally yesterday KDNC managed, a small admittedly, rise - the only one in my portfolio - historically been the other way around LoL 😂 .... is it a sign? ... Probably not but it made me smile at least 😁

...well maybe not then LoL .... back to biting those finger nails you go 😂