Member Info for carters

JV could land at any time.

You could also remember that the stated aim of the company is a new JV partner and the fact that they can issue loan notes at 10p means that they must be making good progress.

Still trading at a near 60% discount to the fundraising of only 2 weeks ago.

Nobody is going to agree to converting the loan at 10p when the shares were less than 3p unless they have high confidence of the shares exceeding 10p.

It's definitely under the radar. The conversion price of the loan notes suggests significant upside.

Let's not forget that they haven't done a deal yet. A real rerate will only happen if they do a deal. Some long term holders might even get their money back then.

Not much excitement on the KDR board these days. I wonder if certain people that pushed that share hard are jumping ship.

The only people who could be celebrating are people that never believed a word Professor Conroy said. Proper long term holders are miles underwater.

The people that thought up this spoof can't believe their luck. Richard Edwards "what if we take a failed company and stick AI on the name?". Couldn't work could it? Yes because this is AIM and nobody cares if it's a real company with real sales.

€240,000 invested. The only way those people are going to get that money back is if the shares exceed 10p. Sherman must have convinced them it will or they would have wanted a much lower conversion price.

You got lucky. They could have easily done a discounted placing like last time. Last summer Professor Conroy said he would do what's best for shareholders and then came along with a terrible placing a few months later.

They weren't worried about shareholders last October. Having already seen the share price trashed they then did a discounted placing. Now they are worried about shareholders.

If only they had done this last October instead of that horrible placing at sub 5p.

No mention of talks in the last RNS. Why? Without a partner it's going nowhere. They can only live off the kdr money for so long and then both companies will be bust.

I wonder if the clowns running this know the game is nearly up. There's no way they can keep raising money with the share price as it is. The time for talking about potential is long gone. One year of nothing happening. It can't continue. Unless they get a JV this year it's over.

As for Professor Conroy's words last year about loads of people being interested that seems at best wishful thinking and at worst deliberately misleading.

The only reason I can think of for why they haven't run out of money yet is if they are spending the money kdr raised a few months ago.

What's not to like? That's what shareholders thought last year. Very likely that Demir will move to phase 2 they said. Next thing Demir walked and the share price slumped. Over a year later. Where is all the interest they talked about? Where's the big deal they were going to sign at PDAC.

There's really nothing in this announcement. There might be more antimony and gold. Or there might not. I'd like to know how much cash they have left and whether they are any closer to a JV agreement. Nothing on either of those points.

It's always next year. Then next year comes and it will be the year after. The never ending hunt for source of the green diamond plus some wild goose chase in NI.

Yeah SH was telling everyone that it's 3 weeks to PDAC, 2 weeks to PDAC, 1 week to PDAC. We kept hearing this fantasy story that they were going to land at PDAC and sign a deal.