Member Info for FOCUS4

Mineral Prospecting Licenses for KDR1/25 and KDR4/25 for now been awarded by the Northern Ireland DfE following public consultation. Probably unlikely to be reported by KDR, but it's something any potential partner would want to see issued prior to making an exploration deal with us. Another box ticked.

Oldbutnowisa - It's publicly available info, but the company doesn't normally RNS this type of news. It's not really an SP driver, but it's still a critical step in drilling what we know to be a very exciting target containing green diamonds. From a deal perspective, I can't see parallel universe where that isn't an amazing prospect for a diamond miner who's business is coloured diamonds.

InfinityX - That's a lot of dots...

Hamsters18... that depends on whether we receive the permit for Lahtojoki and any subsequent progress and/or deal (Permit expected Q2). It may also depend on whether another deal is forthcoming on Northern Ireland to progress the Ni/Cu/PGE targets Dr Larry has identified. There are other avenues of potential news to relieve the stagnation, but those are likely to be the two main drivers for the SP for now. With the green diamond target in Kuhmo the next thing to do is to drill, and the ground needs to be solid for that.

KDR have promised us an exciting year ahead, so let's see if they can deliver some shareholder value.

Depends whether they RNS that Tukes has approved the Kuhmo 1 licence extension that came through this morning?

We now have permission to go and drill the green stonker, we just need winter to turn up now. Some information from our company on how we propose to do that would be great...

Just another pointless point DS, thanks.

They’re an explorer. As you know, they have the resources, they just need to monetise them.

No doubt DH. Any partnering company willing to stump up the cash will want everything good to go. The sooner their money goes in the ground, the sooner they will want it back, they won't want delays.

In Lahtojoki, bulk sampling and mine development works is already being worked on, whilst we await the permit in H1.

In Kuhmo (A5), we've found a diamond, a shedload of KIMs, traced it back to source and carried out gravity and UAV surveys to delineate the exact target. Now we've looking to confirm drill depths/angles etc. Work gets completed, renewal of permit comes in, ground freezes, drill! (analysis, joy etc....)

Seitapera/Riihivaara/Lentira etc can follow on. There's a whole province to go at.

In NI, we have analysed stream sediment results, showing Chromites with Ni (Pentlandite) inclusions, we have the world leading expert report with a known model to assist in planning our works, we have the gravity/magnetic surveys showing the target areas, we have the expert lining up the best ones. In the Colebrooke area, we already have mineral prospecting licences, with another already through the consultation period. Antrim to follow.

Everything is being lined up in both Finland and NI for any partner to hit the ground running once they've put their hand in their pocket.

Thanks for that Korade, good to have some estimations if/when the potential is realised. Hopefully Dr Larry is busy ranking the targets with KDR and getting a works programme together for the DfE and potential partners.

Perhaps that’s why they’re talking to other companies? Well done DS, you’ve cracked it.

They must be having some interesting discussions with the other interested parties if they don't have any resources DS. Maybe KDR are trying to set up a logging JV? There are plenty of trees...

Cathal and Kevin are clearly confident in H1 for the Lahtojoki permit which is why they are having discussions with others about mine development. Hopefully they have been given a significant nod from the authorities...

The plan is to develop the green diamond target (and others in Kuhmo?) alongside the Lahtojoki deposit, so the assumption is that they may be planning to develop the province as a whole, not just Lahtojoki as a standalone project. There are clearly economies of scale to develop more than one deposit. As Cathal states "we'll be looking to be progressing these side by side, as one will feed into the other".

If a deal gets done here for the development of multiple deposits, or for all of KDRs diamond deposits, that will have a major impact on our value whatever the structure of the deal, as we're currently valued at under 800k (unbelievably!)

Just trying to get factual information. At 5.30 and 8.05 they are discussing Seitapera in my opinion, but that takes nothing away from the fact that the green diamond target has the potential to be incredible for us, just need to drill it...

As has been discussed on here several times, they are clearly stating that Lahtojoki holds the key. Now in Q2 of H1...

Morning Steve, hope you're well?

Could you clarify who "we" is in this statement? "We think Kuhmo is bigger"

If this is the case, then there should be companies banging down KDRs door.

Tick up from me Steven49. I've just checked, and that is some excellent counting. Good luck to you too.

All the data points to these two diatremes containing diamonds, including green diamonds. Whilst it's impossible to value at present; if proven with drilling, I would have thought most diamond companies would be interested in this due to their rarity.

As we have seen from Lahtojoki, the presence of pink diamonds can dramatically increase the potential value of a deposit. The same applies to the green targets in Kuhmo, where KDR are systematically revealing that a new diamond province exists on the Finnish side of the Karelian craton. How many other licenses contain coloured diamonds?

Green diamonds are among the rarest and most valuable types of diamonds. The cost per carat can vary significantly based on factors such as color intensity, clarity, and size. Here are some general price ranges:

Fancy Light Green: These diamonds can cost around $50,000 to $100,000 per carat.

Fancy Green: Prices for these diamonds typically range from $100,000 to $200,000 per carat.

Fancy Intense Green: These are even rarer and can cost between $200,000 and $500,000 per carat.

Fancy Vivid Green: The most sought-after and rarest, these diamonds can exceed $1,000,000 per carat.

"Green diamonds right there!"

That's the summary from today's RNS, which they obviously wanted to get out quickly once the results came back from ODM. Perhaps there will be a follow up analysis RNS showing the locations/distribution of KIMS etc. But in short, KDR are confident that the latest results back up all previous testing and the EM survey, which has delineated two diatreme (carrot) shapes. Something nice for them to talk about next week...

As they say in the in the RNS, "the most necessary next step is to drill"

Unless there is some wider reaching agreement being worked on for the Kuhmo diamond province, I would have liked confirmation that we are going to carry out initial drilling on the green targets as part of the recent fundraise RNS. I'm hoping this was only omitted for the above reason OR they couldn't categorically say because they are still awaiting the extension from Tukes. We need the winter weather to hang around a bit longer too.

Lahtojoki yes. I'm talking about page 34 and more recent information on NI.

I'd hope that the latest presentation went out to KDR's collective address book before it was uploaded to the web, and long before it was announced that we were looking for strategic partners. But that's just me.

It’s also unreasonable to expect that the company will have signed a contract on a strategic partnership by the last day of PDAC (unless we’re already talking to them), so let’s keep it sensible.