Member Info for bumpingalong

Max - what do you see happening in the next few days or weeks that will increase the share price?

Are you a trader, investor or neither Stephen?

Let’s not get to excited - would be nice to get to 1p before the end of the year - still a long way to go but certainly looking more positive

Still very thin trading and no significant buys going through - hopefully as they start ticking the boxes over the next few months it should generate a little more interest.

Let’s just hope the board keep up on the comms - something they haven’t been great at over the years

Likewise - used to be one of my portfolios largest holdings, now it’s one of my smallest - apart from ironed of course 😂

Love your optimism !

Why would someone pay £60m for ironveld?

Question - why is the boards definition of a transformation year?

Expect he’s started his summer break - maybe back in September

Fingers crossed there is some movement in the background to progress this Co. Would hope so as with only £25k in the bank they ain’t going to be able to pay him for long

Totally - I have been here since the KV Days and the stark of 2017 rewarded me very handsomely. I am one of those longer term holders

You can take things two ways - lack of respect and poor communication in the BOD not telling us that they needed to make additional submissions or, they were hoping that the approval would have still come through by the end of the month.

RNS referenced starting to sell the HMS but as far as I am aware we don’t have any off take partners - has something maybe changed or do we plan to sell it by the bag load at a shack at the side of the road 😂

Disappointing RNS but expected by many long term holders - did the bod not check to see the requirement for the permit - surely you would be aware if requirements changed

No update on diamonds still

I expect a further update “soon”

You have £50k in cash in your ISA - you buy KOD shares. Simultaneously you sell £50k of KOD shares within your investment account and the two transactions see today are created

You can sell £50k in an investment account and then buy £50k in an ISA . I move holdings between both accounts for tax management

more likely to be a T20 rollover

Why should there be an update if nothing has changed? Company not great at updating those who pay their wages 😂

Steven

See RNS fro AGM - extract below

Resolutions 8 and 9, which provided authorities to allot equity securities of the Company up to a maximum nominal amount of £187,266, were withdrawn with the consent of the meeting because insufficient votes were available at the meeting to enable these resolutions to pass.

The Board had proposed resolutions 8 and 9 as it considered the flexibility afforded by these authorities to be in the best interests of the Company without requiring the Company to conduct an additional general meeting. The principal shareholder objecting to the resolutions has been consulted and their position is understood.

Let’s not get excited - about 12 grands worth of shares trading hands today. Many on this board have many times that amount - a few sells and we will be back down

Really need some days when volume of 15-25m but we need news and communication for that to happen

Love your optimism fight man

For long term holders I expect your posts should read

(1) we COULD be cash positive but unlikely based on history of BOD

(2) we MAY have someone interested in the mine but this is likely to drag on

Agree that strategic investor paid 1.5p although this was agreed early last year - would they have paid that now ?

First target is 0.5p for me

Not a criticism of your post and love your optimism- I have learnt over the years with KZG and formerly Kennedy ventures to be glass 90% empty with this co

6 monthly accounts should be out tomorrow but I have a feeling they are going to be delayed due to possible going concern issues - can they confidently say they they can trade for the next 12 months or do they have to rely on a raise or investor coming in. All in my opinion and based on nothing but my gut feel

May offer mine at knockdown price to reflect what we have been paid already.

Doubt they will want to do anything until we are cash generative as we can’t really afford to take over the running cost of the mine.

Still don’t see anything transformational happening this side of the summer

We need to he cash generative before we could consider taking the mine back as we would need to meet all the costs. At the moment we don’t have the cash to do this . Could this be the reason why what is happening with the mine is all hush hush ?