Member Info for iamrich

Agree mr james,

And hows this related to kdnc board? Or all the other thousand investors reading this?

It was good to hear from KM on the vox markets, looks like all is going to plan and we should execute the contract very soon, he dis state its take longer then expected which to me sounds like they are close to finishing, wpupdnt be surprised to see a rns either end of week or start of next week, stay positive all its just a matter of time now.

So all on track to own that 20% legal drafting still ongoing, cpuld land anytime i guess, also looks like residemt experts are at it again, coming up with thier own theory's, none who have got anything right so far lol, follow the company rns and news, not people on these boards expecially lse lol

I would think next week this will recover and may see some large buys due to the current bargain share price, The 20% AMAPA ownership will be huge news and a company changer, Not to forget they will continue to buy more shares up to 49%

DEV Mineração S.A's ("DEV"), Cadence and Indo Sino Pty Ltd ("the Investors") have agreed in principle to the settlement terms proposed by the secured bank creditors ("Bank Creditors"), and the administrator appointed to the Judicial Recovery Process ("JRP") has asked the parties to prepare and submit the final contract so that the JRP parties can be informed.

So If you look at the above from the 2nd September, Finalising then submitting this to the Judicial Administrators should take about 30 days I would say as that will be signed off by all parties including the creditors the bank,

Then The Judicial Administrators will fine check it to see if all is proper then put their legal stamp on it and release the monies in escrow with permissions from KDNC to the creditors/Bank, Again this will take a month if not longer depending how these administrators work or if any questions arise from it,

So It hasnt taken ages its about right, So from Monday onwards this could land any day but again the whole process could take up to 3 months if there are any issues that need rectifying, But as its a agreement between the bank and the parties there should not be any other issues as they have already agreed in principle to the Banks terms

This is happening and its just a matter of time,

So you sold out and not waiting for the share price to go up then lol! dude you just got caught out

The original news since rns hasnt changed, whats happened here is people have got on the bandwagon of the shipwatchers who started all this, nothing to do with kdnc, kdnc have put their last rns out and will update market when there is sonething to update,

Yes nookie the share price has changed not alot just the share price where u admittes to selling after you rampes it up, niw what u want to get in cheaper so no ramps?

Nothing has changed here, contract news will land when its ready, if there were any issues kdnc would have put a update rns like they have on amapa, also be aware of the posters here who pump but also deramp when they have bought or sold, alot of rubbish posts are made to distract

Agreed otago, the main rns could land any day now, the iron ore price news tweeted by kdnc was about a week ago so i reckon they must be close now, have a feeling news next week

Drop over done will bounce, always a big drop due to nervous investors then lands the news and it goes crackers, would love a rns now lol

Would be hilarious those that are selling who buy and sell due to what others posts and creditor agreement lands in the next day or so

Creditor agreement rns is the biggy here why are people so hang up in the ore shipment, we need to get the 20% first then shipments will happen in auto mode,

Just sent an email off to kdnc, does anyone know where i can get KM's direct email?

Guessing we wont get an rns untill all 3 ships sail off?

I prefer the contract news rns landing before the Ore is shipped off, either friday or start of next week happy with that

I forgot how small the shares in issue here, On Contract completion RNS this will go bananas

Either way one of the ships has to be ours if not both lol,

ETS now moved why? Are they waiting on the contract completion?