Member Info for isb1974

Don't worry Ole is at the wheel!

Interesting, added at point of manufacture as they are new trucks?

I assume that’s Daimler trucks as well and aren’t they familiar with an Australian DMS supplier?

Can you imagine if SEE got a contract with Daimler to add DMS in all new trucks?

Think I’m getting a bit carried away

iamrich - I think if you go back to when things became personal - yourself, Jimbob and Eyeguy attacked me first because you didn't agree with my posts and accused me of being a deramper

I've never criticised anyone other than you three and perhaps two other posters who started on me as well. (oh and the BOD of course)

I only fightback I never start the insults, unlike Jimbob who insults people straight away because they dare to have a different opinion to him

Anyway, please tell us again is it this week or next week we are going to be rich, or in your case richer as you are already rich of course?

Oh and I'm afraid I'm going to be around until the BOD either pull the rabbit out of the hat or well and truly mess things up. So as I've told you before just filter me and then you can't read my posts. Of course you won't see my positive posts then though if the BOD actually deliver and there is something worth being positive about.

Hi Mifflin

Ignore Jimb2 and iamrich - they are both just annoyed and frustrated that for the last 9 months they have been telling this board that the deal of the century is going to happen and the share price will be 60p+ overnight when that news gets announced.

They are just annoyed that the news hasn’t been announced yet. I’ve lost count of the number of times iamrich has said it will be within 2 weeks!

I would suggest looking back over the last 6-7 years and make a decision yourself as to whether you think this BOD is capable of pulling off this once in a lifetime deal.

Well I know I’ve been diluted again but I’m struggling to see how that is going to cause me hardship.

Like a lot I’m already over 100% up and this is a new II who has bought in at 10.5p - I’m guessing they are going to want to make a 100% return themselves so are expecting a SP of 20p at least.

Yes it might not get to the 50p + I was dreaming of but I’d be happy with 20p - it would certainly make me a life changing amount.

Let’s see what news is released over the next 2-3 months and see where we are then.

EV_Bull - no point in any other RNS?, but they have a legal obligation to tell us if anything material happens - I would say signing an offtake agreement is material, is it not? Kiran thought it was important enough so state it as part of the process. We also RNS things about MMS in which we have a whopping 1% stake. Oh hold on perhaps it’s not important at the moment because we own 0% of any ore at the dock?

As for the legal documents, the bod tolds us back in September that everything had been agreed and it was just a case of drafting and signing the documents. How long does it take to draft the documents for something that has been agreed and to sign them. Was it really agreed? Is it agreed now?

Let’s be honest no one really knows and everyone is just guessing.

Just so you know Jimb2 thinks I’m a deramper because I don’t walk around with rose tinted spectacles on. I’m actually a disgruntled LTH who is fed up with all the bulls**t, lies and f*** ups that has followed this company around for the last 7 years and at this point in time nothing has changed from that, no matter how many projections of multi bagging many posters put on this board or on Twatter.

Yes and before any one says anything, well done to those lucky investors who heard about KDNC for the first time when the share price was at 3p or should I say 0.03p in old money. Like many I first bought in around the Sonora hype at 1p in old money so yes no wonder I’m pi**ed off having seen my investment drop from 1p to 0.03p - what a great company and BOD!

And for those who hang on every word in an RNS just remember back in autumn 2019 an RNS stated the ore would be shipped in Dec 2019. 15 mths later we are still waiting ...

Nope I’m also concerned about the bank settlement agreement actually happening and also the shipping given Cadence haven’t announced anything yet - I would have thought they would have done by now if the boat was docking in 6 days time for Dev’s ore.

So April2020 RNS ...

“ In addition, the JV Partners are in detailed discussions with potential offtake partners and local contractors so that the Amapá Project can begin shipment as quickly as possible.”

So anyone heard who the offtake partners are or are they just going to set sail on the 1st April (April fools day) and float around the ocean with some ore until they find someone to sell it to?

There are some good predictions there - I thought there were more above 15p , but there is a lot around the 9p mark so may be not to far off.

The sad thing is they are probably going to be closer than a lot of people :(

I can't see any news now until after the half year results and of course we already know those from the trading statement in January so I don't expect that day to have a positive impact on the share price either.

What were the share predictions for the end of qtr1 again?

Can’t remember who logged them all now

Interested to see how far out everyone was given there is only a few more working days to go

Not that I was thinking about our near involvement with PREM, but now you mention it I notice our SP was around 22p in June 2018.

So you say that PREM has doubled their SP since then?, shame we haven’t as I’d take 44p at this moment in time.

Oh well more patience needed. Just out of interest, considering this has been going on since the autumn of 2019 at what point will people start to doubt this is ever going to happen?

May 2021?
October 2021?
2022?

If it gets to 2022 and we are still waiting surely even Eyeguy is going to start doubting it :)

When are those boats sailing again? I need something to get me excited in the hope that we may get an RNS around that time

I see PREM has now 8 bagged since 16th feb ...

Come on Kieran time to deliver

I’d take a 73% rise followed by a 40%+ rise the day after on KDNC to be fair - at least I would be out with a profit then :)

Sorry also felt the need to just tweak the first response to this post :)

KDNC is a major risk. It gets pumped every 2 years or so, by the same people (Lenigas, Green ...)

How long have they been talking about Amapa. Who can forget Kieran telling people the ore would be shipped in Dec 2019 implying the agreement would be sorted as well? That was over a year ago.

:)

Yep sorry my bad - $10M

News,

Dev can start shipping the iron ore upto £10m, however there is no confirmed date yet for shipping.

Until the agreement is signed KDNC have nothing - when it’s signed they will own 20% of Amapa as part of a joint venture which will own 99% of Dev.

Until that is done no more than £10m can be shipped, however none of that £10m will benefit KDNC unless the agreement is signed before that ore is shipped.

As for all the calculations, I prefer to wait for the agreement to be signed and the release of the scoping study which will value it rather than believe anyone on this board or Twitter.

However there is no denying that the increase in ore prices will only be in our favour should the above happen- but what’s the point in dreaming about valuations when they haven’t even signed the agreement.

I imagine the SP hasn’t risen any further because there is still doubt as to whether KDNC will get anything out of this given their past performance over the last 6 years.

The wait goes on and on ....

Do I sense an imminent RNS relating to Honda? The Legend is available to lease in Japan this month so it will be on the road!

That surely would put us back into double figures!

Follow that with something about the Ford-150, merc S Class and aviation and I think we will see a rise like we did in Jan.

Come on SEE let’s get the news out I’m fed up of waiting :)

Bannor - I can’t just give you a thumbs up for that last post I’ve actually got to say you are the most balanced poster on this board. You don’t constantly ramp like a lot of posters and you state facts.

No one can argue with what you have written there.

I long for the day for that RNS confirming our 20% in Amapa - I then hope that the rampers predictions of 60p+ happens and then I’m off - I haven’t got the patience to care about Sonora, EMH or yangibana as they are years away and have been like that for the last 6 years I’ve been hearing the BOD talk about them - I’ll be dead before they get up and running, let alone using our joint venture areas.

I think that pretty much confirms it UDWG

Just waiting for that RNS, like we seem to be with a lot of things

Evan and iamrich - I can’t be bothered to respond because neither of you have explained what I am missing because you can’t.

I will be happy when/if we announce 20% share.