Member Info for EyeGuy

Confidence in the BoD? KDNC don’t have any producing assets so how can they progress.
They have cash flows hopefully within weeks which marks a Turning point

https://www.spglobal.com/platts/plattscontent/_assets/_files/en/specialreports/metals/iron-ore-finance.pdf

Iron ore futures looking good. Not forgetting cost per tonne is $23 and now iron ore over $100

2.1 million is absolute peanuts. 3.5 million is peanuts.
They will be getting 27-49% of an asset worth upto $1 billion. Providing ore is shipped with no hiccups then that’s the bit we should all focus on.
Not who posted what on a bb or what l2 is doing

Short- that will be exprat

Observer- I agree completely. Providing the news of ore shipment comes, kdnc go from a junior explorer pf company to a production company, with a world class asset being priced in to some degree.
They are skipping out a lot of the mining cycle on this asset

Yep. Agree with that 12p -13p resistance due to the notes. However for me anything below that level is an excellent buy in. Bear in mind £2 million quids worth unlocks revenues, with shipments starting likely within weeks. Plus that in turn unlocks value in Amapa which as we know had a billion dollar price tag on it. I remember EUA having warrants but demand was too high to stop the SP rise. It did churn though between 0.9 and 1.2 for a while.
With Honda high how many of those would you have bought if you could have offloaded them at 7p months later?
I think this could be one of the great mining plays over last decade. They do need positive news on the shipments to unlock that, but that news basically unlocks everything.
Will be adding here

Presold at 12p. Good news

Satu v- if this is you.
Question. Why didn’t you RNS the Japanese tie in with val301. They were doing their due diligence and you didn’t report it? Very odd as anyone would presume that is highly market sensitive for a £1 mill company

Very simple regarding the “dilution”
Lots of fingers in a lot of valuable pies which all need funding - courtesy of equity dilutions.
That’s why cash flow is key and that will materially change the prospects and share price of the company- news within 3 weeks imo

It’s more than $136 million. I make it a % of 410 million dollars.
27%-49% based on equity stake

Stars have aligned now for kdnc.
With yesterday’s news, JV with Schaeffler plus iron ore shipments.
The iron ore shipments as well as providing cash will substantially derisk the Amapá asset

It’s a billion dollar asset soon to be shipping ore. With mine reopening helped to be paid by revenues from ore shipped.

Boom. Can see this doubling from here over next few days

I get ebitda at circa $400 million too.
Brilliant

This will just keep going now. Been doing this a long time and sometimes you just get a feeling for what will happen. Big re rate coming

????That’s why they raised the funds before. It’s on the rns.

Not sure why you are replying as you said I was filtered. Guess you didn’t scare enough holders in Val to get your 2p entry so trying your luck here lmao

I would ignore hopsta. In all the years of doing these boards I haven’t met anyone that has called it wrong so often. Said Val would go to 2p and it went to 20p

The past is irrelevant. They didn’t have the cash flows before

I got in at 6’s because of amapa. Cash flow coming from stockpiled ore which pays the capex on open pit. The mine should be worth circa $800-1 billion at these iron ore prices, so net to kdnc anything between $200-490 million value.