Member Info for degsie

“Fearful when others are greedy and greedy when others are fearful.”

Mr C. I always get a reply to my emails, sometimes a delay, and I might have to chase. Never any thing confidential. The most recent about Amapa confirmed negotiations with banks are continuing.

CEZ has to complete its due diligence by end of March; I expect news before then.

Spoke to PS two days ago. Just a simple query. No confidential information but sounded confident.

Buys 52000, Sales 26000 but price down. Odd

There was no payment for report but WHI are the broker and nomad.

Obs. The reaearcher at WHI is Paul Smith 0113 394 6609. I found him very helpful.

Obs. Reportr is not available on KDNC website and the email is as I quoted.-no additional payment.

DD. IMO the BOD does fail to communicate well. I'd like to know value of JVs I cannot see that shareholders have been advised. Can you help?

I have received reply to email re Amapa. “we are still in negotiation with the banks and once this is done we will report it.”
“WHI are our broker and nomad we did not pay them anything additional for the report. The work is independent”.

Maddog. I'd like to know the reason for your posts. Are you able to explain?

EMH has been suffering from political uncertainity and concern about financing. The NPV is $1.1b.
I think there will be a sfgnificant increase in value.

DD. Extract from EMH announcement.
If concluded, the agreement will see, subject to the successful completion of due diligence, shareholder, and other approvals, CEZ become a 51% shareholder in Geomet s.r.o. ("Geomet"), the Company's Czech subsidiary and holder of the rights over the Project, for consideration of approximately EUR 34.06 million (approximately £32.88 million) by subscribing for new shares in Geomet (the "Proposed Subscription").

!8.1% of EMH has a current value of £3.8m., market cap of KDNC is £5m.

I emailed EMH and was advised KDNC hold 18.1%.

I have contacted EMH and CEZ are completing due diligence.

Because of the growth in demand and consequent price increases

Purchases 343000 sales 270000. Is that low volume? And purchases 70000 more than sales yet price is down.

Bannor. A contradiction in your posting. "They and others can make a mint from this level but no hope of recovery let alone profit".Should we be buyers or sellers?

The BOD has made the same mistakes we shareholders have-carried away by the lithium market. I have said before that dealings in BCN puzzled me.
I cannot see that BOD has any interest in seeing price of shares fall.They have invested their own money, £350k in June last year and £50k in year to January 2019, at the then market price. They reduced salaries in year to December 2018 by about 20%. The accounts to 30 June show shareholders funds of £17m as compared with market cap of £5m.
I do think all the negative posting on this board is helping to undermine share price and I do not understand why any current shareholder would wish to see share price continue to fall.
I also think if Ireland is only half right the shares should be 20p. I have spoken to researcher at Ireland.