Member Info for EyeGuy

Anyways - your bipolar posts and trading is boring me. Bye

And it won’t be declarable under a private spread account

You are asking the wrong person. I don’t have a spread bet account. Maybe ask a few others on here lol

well there is no reason for the share price to drift. seaborne iron ore price is $188 for 65% fines. $163 for 62%.
We have had no material news stating a different time frame and the company will be negotiating remotely likely as they have done with the creditors. the shipping of iron ore isn't related to the settlement either.
so all that really has changed is your opinion maddog that the shares are going to fall. My opinion is different.

You mean you have sold out maddog and want in cheaper.
Thats really what you are saying isn’t it.
Considering the market works both ways in terms of positive and negative news that is a risky strategy is it not? Some here post we haven’t heard so it must be bad news. Well. If it was bad news you would hear immediately then wouldn’t you as it’s market sensitive. The fact you haven’t heard means there is no material change from the last RNs or interview.
The only difference is peoples posts based on their spreadbets imo

Yep. I think possible mate. They have already been in touch. Any day they will hit. all good here

Someone had to say it. These “loyal Longtermers” sit on the throne of lies. There you go.
Some of the comments actually are quite laughable.

Quite funny actually maddog because I remember you bashing Val at 3-5p and it went up 10 fold an you disappeared from there. You just play the swings with your long and short spread bets don’t you.
Loyal longterm holder my arse lol

Is that when you are wanting to buy in maddog?

Good news is the team are on ground in cameroon and that is progressing well.
Iamgold already been in discussions last week so these senala drill results should be here any time now

Chesser presentation out. Our license area is huge.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02351331-2A1285828?access_token=83ff96335c2d45a094df02a206a39ff4

News- the sticking point on all these big projects is financing. Bear in mind the owners of Amapa including kdnc will have to find $168 million to fund the capex on the main mine. Majority of this is for railway and port rehabilitation. Note also when the initial news came out the iron ore price was $61 so a big chunk of cake would still be needed post shipments as the iron ore stock pile would be worth $80 mill.
Now the iron ore stockpile is worth circa $235 million, so even taking off tax and shipping if all the monies were out towards the mine capex, the mine would likely to be funded or almost. This changes the risk profile somewhat of this company. The iron ore price unlocks a $billion (or more )mine for KDNC once the creditor settlement is completed

It’s the opposite side of the country. Dakar is west coast. The gold play is the Far East coast on the Mali border

I think this does over £1 on the 27%. cant see it not tbh

news:
The NPV which is the impaired valuation from memory is what Anglo American assigned to it following the accident now almost 10 years ago. Im going from memory here but I do recall Kiran stating the un impaired valuation was circa $1 billion.
The NPV is sensitive mostly to the price you sell the metal. As I have stated, if you wish to keep the $61 price and base our calculations on that- then that's fine.
Oher companies release NPV's at different metal prices. BZT is one of them, where they have given a range of NPV's at copper prices which show how sensitive the NPV can be to the metal price.
If you wish to base the NPV calculations on todays price - then that's fine or maybe go somewhere in between. As I have stated the ore which is ready for shipping is now worth circa $240 million so it is pointless using the $61 for this as it is starting likely next few weeks. The key here will be the monies received should cover most if not all the capex needed for main mine. previously when $61 it wouldn't of course. We have to wait to fine out further down the line what % KDNC will take and what they will need to pay. That's for another day.
My opinion is Kiran should release more figures based on an increased metal price if folks want to see it.

Obs- my gut feeling is 3 or possibly 4 of the main “longtermers” on the main BB are spreadbetting long and short swings. Anything they say must be taken with the proverbial pinch of salt.
I have been doing these boards for years and I can spot them a mile off lol

News - I think everyone should do their own research.
Not all posters on here are what they seem.
Maybe they are and just scared to death of the shares going up lol.
I recognise one in particular from VAL bb. He plagued that with negativity even at 3.5p about a year ago. The shares went up almost 20 fold and then he disappeared. Strange that.
I’ll ping an email to kiran regarding the NPV’s of the main mine at different spot prices so everyone can see themselves.
At today’s prices it’s likely to be circa $3 billion from my calcs

news- just to be clear no one including me is asking you to buy or sell shares in kdnc or other shares for that matter.
I am posting my opinion and showing my workings. if you believe we should use the $61 price of iron ore and base your price predictions on that then that's up to you. However imo it would be pointless to do that particularly as shipping starts any time and they will be getting almost 3 x that from each shipment. but again if you want to use $61 then that's your call fella.

And that’s why I don’t engage on the main Bb feed.
As some tried to make out that watching shipping information was somehow linked to the timing of the creditor settlement. It isn’t related at all. It is completely different.

News- the shipping will start and the monies go to DEV and they pay out whatever small creditors from this money. Not a penny goes to cadence as they own zero % of the Amapa projects at this time