Member Info for DeathStranding

They've been wrong all along. Very embarrassing for them.

CGNR had its day already.

Congratulations to everybody on here who was happy when Demir exited and the share price collapsed. 365 days have passed. Still happy?

They already had a big deal that valued the project at €25 million. It wasn't worth that to Demir in the end. Seems very unlikely they will achieve anything close to that while it is currently valued at €1.8 million.

Talk about majors has proven to be BS, over and over again.

Coming up on a year since Demir exit was announced. Nothing doing.

Wouldn't expect much of significance out of relogging and resource update since the rocks and results haven't changed. If there was upside here then they would have used it by now to improve the potential for funding.

Demir was a very unusual deal with a large component of cash into the company. Don't see anything close to that deal happening again. The Demir JV didn't live up to the hype and speculation and downgraded the project.

It's very unclean as a shell GB and it doesn't even have cash in it. Existing shareholders would be wiped out to restructure it so there would be nothing in it for them. Easier and cheaper to reverse into a shelf company and list it. Nothing to do with bashing the project or management, I just don't think your idea is a good one.

Unsuitable as a listed shell due to the big pile of debt.

Why would it be a larger deal? That makes no sense. The Demir JV downgraded the project. A small deal is more of a reasonable expectation, any deal will give the company a chance to continue.

But place they must, it will just need to be at a very low price.

Unfortunately this is very far from being a Tier 1 so it will not interest majors. See 2017 resource and Demir JV drilling results for reference. Even the directors don't believe in it enough to put their hands in their pockets.

I wasn't making any argument, or backing GSCU's valuation.

As for Lahtojoki, it doesn't have a resource until they have a bulk sample. Long way to go.

GSCU have some samples with copper in them. More than what KDR have got.

Fantasy figures unsupported by any actual samples.

Good reference there, they paid C$5.6m (US$4m) for a bulk sample. Good yardstick.

Just using DH's numbers which they said came from the company. What estimates has the company announced for their plan to get to a resource?

5-10 mil before you even know the resource? Wowzers. No wonder nobody is interested. Don't see the project ever getting a life. Good luck so.

They won't have a resource anytime soon. Very expensive to get to a reportable diamond resource.

KDR doesn't have a resource yet on any of its projects.