Member Info for DeathStranding

There will be a placing. Based on the results announcement there can't be much left in the kitty.

Clean break from both so BHP get her full time commitment. That's all there is to it.

Even though she was only a non-exec, Marian was clearly central to the CGNR investor pitch. Even if investors don't understand the technical pitch, she brought credibility. She got management to stop talking nonsense about fantasy ounces and clarified that this is a pure exploration pitch, speculating on an as yet undiscovered, deep, high grade and non-refractory target. High risk exploration but that's what the company is left with post Demir as existing prospects did not deliver any new resource ounces after €5m of investment.

A tough sell just got even tougher.

BHP not into gold

She will be working for her employers at PDAC

Amusing take on the resignation of a credible non exec

What now for the rampers who made this all about Marian?

Plain to see now why they raised when they did and had to do it at such a deep discount.

So cash in Nov was about the same in May-24, they raised 260k in the period so that's roughly what they are consuming in 6 mths.

Cash at Nov-24 was 167k. 3 months into that now so 130k burn means they must have very little left.

What's a recent example in the junior diamond sector of the type of deal KDR are looking for? Would be helpful to see a comparison. Thanks.

Too bad then that the MD does not seem especially excited by it. They just raised money at a 38pc discount even though these results were only days away?? Results release later today. No money in diamonds at the mo.

Nice release

An RNS about analysis that doesn't actually include analyses.

Nothing material or time critical here.

Results due tomorrow, why not just say it then. Placing to be announced with results?

Ukraine has found a way to monetise its uneconomic deposits by selling them to a US president with no clue about geology or metallurgy.

Don't think KDR will be so lucky.

I might be wrong but I think base metals are usually a hot topic at every mining conference. What do they talk about otherwise?

Probably a thousand other companies at a major mining conference, all looking for the same thing, most with more convincing projects. Seems to be a lot of expectation around a management team with no experience in delivering deals. They just raised money because they don't believe it themselves. Good luck.

Bold prediction from

38pc discounted placing this week to pay for Toronto jolly?

"Get rid of bucket placements forever now as a partner will fund any future projects"

Your comment. Swiftly followed by a bucket placement. Clueless 🤣🤣🤣

Nobody putting money into diamonds at the moment, or nickel (even if they had any).

Management has no skills raising finance.

No management participation in pit bottom placing. What does that say about their belief.

Watch as nothing happens.

They need to take it to Abu Dhabi or Riyadh, not Toronto. Nobody is financing diamond exploration over there. Or Irish moose pasture. Plenty of that in Canada. Arab funds might do it for a few entertaining trips to Finland and Ireland.

Informative that the first fundraise since the Prof died was done at a 38pc discount. No driving force in these companies now. Expecting something similar here, need to keep the show on the road, jollies to Toronto ain't cheap.

Great pump and dump performance here this week, got the market cap over £2m briefly which is great going all things considered and hopefully some long termers managed to exit and salvage some tax losses.

Good stuff. Onwards and downwards.