Member Info for INFINITYX

I don’t tend to concern myself anymore with the day to day share price. There’s a lot of potential here long term if decent news happens very soon. Otherwise shareholders will just continue to get diluted down if the company just limps along over the short to medium term. When do we go from keeping to lights on to actual progress to attract investors. If no material news by January then likely the next fundraise is happening most likely at 0.3-0.4p.

Did anyone on this board actually attend the AGM? I don’t believe anything new will have been released (even in private conversations) hence the silence from the company. Was it a case of let’s just get this over with and hope for a better 2026. It’s likely the remaining issues for the permit have likely been delayed as should have had news by now. As each week passes it looks ever more likely there will be a fundraise early 2026.

Wouldn’t get hopes up for AGM. Likely just a handful of investors will attend. Will be presentation, Q and A and promises of 2026 being an exciting year. Nothing new to see here.

There’s another placing on its way. They will get AGM out the way first then do the placing early next year.

Who’s ready for another placing? I have a feeling it’s coming soon should Kuhmo be going ahead over the coming months.

When I first got back into investing in KDR over a couple of years ago we was expecting the licence back then. It has been delay after delay with the share price getting decimated from about 5p down to 0.5p. Great if you got in at current levels but don’t be surprised when another placing comes. I used to be positive about this company but over the last 10 years (I was invested here 10 years ago) I’m struggling to see what has really been delivered in terms of value. They’ve been talking about this green diamond for a long time. Everything takes ages and the shareholders suffer. I stopped averaging down quite a while ago, when I thought we hit the bottom to my surprise a placing after placings happened. In the next 1-2 months another placing is very likely on its way, I also don’t think a JV or material news will come to fruition in time to boost the share price. Even if we do get positive news the likelihood is the market won’t react as we would hope. Wouldn’t want to give any investors false hope that things will turn around in a short space of time.

The current cash position looks dangerously low relative to monthly costs and liabilities. End of May there was around 40k and then fundraise of £185k. I’d estimate their burn rate is about 25k a month based on last year. Cash position right now is probably around 60-70k. They have a massive pile of short term debt. Seems that it’s surviving on goodwill or directors not demanding payment and the loan holder extending the deadline informally. I think Dec or Jan unless anything material news comes in the meantime we could be looking at a fundraise around 0.4p. I really do hope I’m wrong though.

I would think annual results announcement will be next week but that’s from 6 months ago so nothing new there. Past AGM’s haven’t really ever provided new information. All we have had in 2025 is prolonged silence punctuated by small, dilutive fundraises and administrative updates. Definitely an exciting 2025….

We’ve not heard anything since June. I’m quite concerned at this point. Personally I think over the next weeks or months (at most) another fundraise will be happening just to keep the lights on. They are currently in survival mode at this point. No drilling will be happening over the winter as the remaining funds that were desperately raised at a steep discount before will very likely be depleted soon so need more to just keep the lights on. Diamond market currently is rather weak and with no material news that also means JV very unlikely.

AGM is probably a month away. The exciting 2025 we had in store maybe we get news before year end but it’s not looking likely. I think unless any meaningful news before year end another fundraise will be on the cards unless they do release news on a JV they may be holding off on a fundraise. Not sure what runway they have with the fundraises for this year? As it stands I’m also expecting a fundraise of around 0.3-0.4p over the next few months.

I think by time the imminent placing comes along we will at the 0.3-0.4 level. I really hope I’m wrong but unless we get any meaningful news we will be on a downward trend and a sharp drop if a placing occurs before any news. The next few weeks or so will be telling. At this point it’s pointless for some of the longer term holders such as myself to even bother selling. All we can do is continue to hold hope that it comes good. Not sure what I’m expecting though as if look at last 10 years of progress how far have we actually come?

I think you must be a newer investor as most of the LTH have had enough. I’m sure someone out there would pay double but not right now or anytime soon. I used to think this when we were sitting at 5p per share and I held and held and held until we are now at 0.6p. Clear at this point the board have given up caring about shareholder value. I have no idea how another raise can happen as to gain any considerable amount of capital will result in anyone who owns shares now being decimated and diluted down a fair amount. We would have actually been better off growing carrots there than finding diamonds.

Best we could possibly hope for at this stage is a larger company to buy KDR. Its assets must be valued in the tens of millions and I’m sure there must be a major player willing to pay for it. Even if we do manage to get a JV then realistically it’s not going to be on the best terms for KDR who have no funds to put to the mine so will be a long for the free ride at possibly not great terms but better than it is right now. I really believed in this company when I first invested but over the last few years it’s resulted in only a huge loss to the point of writing off my investment. I thought about continuing to average down and have done so but when you think we’ve hit the bottom it just keeps dropping.

I genuinely thought by this point we would have been sitting at 10p per share. What comes first the licence or fundraise? Will 2026 be also promised as an exciting year too? I would be surprised if there are further delays and this drags on into next year. Even if licence all confirmed and outstanding matters dealt with, what then? If no JV lined up then makes no difference as KDR can’t exactly fundraise to turn it into a mine.

Hopefully not another placing at a 33% discount on the horizon if there is at these levels we could be sub 0.4p before year end…. If there is going to be a placing at least release some decent news first. I feel like at this point they are more concerned with getting a wage and keeping the lights on than actually delivering shareholder value. Makes no difference though to the BOD as they don’t own many shares.

So a 10 bagger from where we are now then? I think it is possible under the right circumstances. We’re into November in a couple of weeks. What happened to it being an exciting 2025? The licence will likely drag on into 2026.

A merge won’t happen. Plus it’s more beneficial for the directors to receive salaries from two separate companies. I don’t think cutting down on costs is what they care about. Along with delivering shareholder value they don’t care about this either. Many of us are sat on massive paper losses. I’ve heard the same things about how undervalued we are, we have a licence, assets we are sitting on etc but in the many years I’ve been invested here what actual progress have we made. I first bought shares here back in 2012 then sold out and returned back in 2023 as seemed like we were making some progress. Since then shareholders have been pummelled with fundraise after fundraise after fundraise with no real progress. Once/if I ever get to break even I don’t think I’ll be back for a third slap across the face.

Well hopefully we get some news before the year is up. Surely should have heard something by now? Whilst I’ve been tempted to top up I feel that even when we hear good news the market won’t respond. Conroy Gold seems to be doing alright though so hopefully we announce a JV soon. I do however worry that another fundraise is on the horizon in November. What did we even spend the last fundraise on? Anything material to show for it?

I hope the next RNS receive isn’t to raise more funds as that’ll be a joke. Like I’ve said in previous discussions I’ve written off this investment and not expecting pigs to fly but it would be good to see LTH rewarded or at least recoup their losses. 2025 was supposed to be an exciting year and we are into October in a couple of days. Were they referring to the fundraising being the exciting news or are we going to get some actual news?

Collecting their salaries while waiting for the landowner matters. Not sure what progress if any has been made. I wonder if we will be hearing in 2025 or if it gets pushed into 2026.