Member Info for Ivybush

Judging by the latest deal the answer is probably not.

Never say never on AIM though.

I see mm's testing market resilience with couple of nominal [ficticious?] deals at 0.09p
Are there really sellers at this sp?

I share your puzzlement. With Ganfeng looking very likely to become the strategic investors with BCN
our jv at Sonora is coming into play imv. OK it is stage 2 but why would Ganfeng hold back when they
are providing the lions share of capex?

Amapa looks promising too, with caveat relating to Brasil court procedure re coming out of bankrupcy.

MMS is full steam ahead and HAS is progressing well.

Two recent placings and recycling of CLNs [not to mention BCN share sales] would seem to me to suggest
no immediate finance problem.

I look forward to AGM soon when I will be pressing for clear analysis of prospects from BOD

Puzzling sp I accept, but not for me to be disheartened---bought more today.

@mrcautious I remain optimistic --- although you may say with my holding I have to be!

However, I do carry out a strict non sentimental review, from time to time, of prospects
for all the shares in my portfolio. Last review here was just after placing announcement.

@News & Observer842 thanks for your informative, thought provoking posts.
Greenland is yet another of our unquoted assets with great potential.

In no way should they be considered "all these pointless posts" as commented by someone yesterday.

Just thought I should put in an appearance!!

@ZEN1 I thought that we had been cleansed of abusive posters, but by a response to your comments
unfortunately this is not so.
The current outlook for kdnc investments is imv very positive and I have also been adding here.
After the recent placing @ 0.11p some would have been held in temporary hands. It is clearly
very difficult to place that number of shares in the hands of pi's in a few days.
This will take a little while to unwind but with more days like Friday [40 million purchased] I hope
that the sp will soon respond.

Although off topic, I wonder for how much longer the major motor manufacturers are going to continue to
sponsor, with millions of dollars per annum, Formula 1 in its present format.

I guess the days are numbered for racing cars with i.c. engines. Could be ev's in near future.
That would be a game changer, worldwide.

So now each of our main investee companies have agreed initial funding.
Emh--Mms--Bcn and set to progress to eventual production imv.

Great outlook for kdnc, future npv's are very substantial.

So CLN funding it is then. See my post 5th July.

Right, now recovered [almost] from birthday celebration and revisited Amapa deal.

So, I guess I was right and wrong at same time. Revenue is anticipated from sale of
stockpile material [and this appears to be significant] but is not going directly to kdnc.

KM stated that we need to raise a further $3.5m for the commissioning report and the
stockpile is expected to provide working capital and some contribution towards bringing
the port & railway back in to full operation [rehabilitation]

The actual proceeds, commencing Q4 2019, will be paid to the jv company.

So to answer the original question ---where is the initial additional capex coming from?----
at this stage not easy to answer. I guess the joker in the pack would be sale of Sonora jv
which would sure be a game changer. But there are other assets coming in to the reckoning.

I would very much doubt a further equity raise, the recent action of BOD tells me that is unlikely.

Thanks for response. Just off out for the evening. Will have time tomorrow to study.

In meantime can anyone else offer guidance?

@bladehater Recent placing proceeds are to partly fund initial investment of 20% interest
in Amapa --as per RNS

KM stated on 21st May with regard to Amapa "Initial revenue from the project is expected to
start in the fourth quarter of 2019, from the sale of iron ore stockpiles"
I was thus assuming that kdnc was entitled to a share of that income being a 20% shareholder.
If that is not correct then the statement from CEO is somewhat confusing.

Best place for that question to be answered is the AGM.

For what it is worth my view is a replacement CLN as there will be income from Q4 to repay it.

Very positive and level headed interview from KC, no hype needed, worth a listen.

EMH is just one of our investments now looking good for future returns.

Current buying price .106 as per my deals today.

@MJFMSG 10m late on is a sale. Unlikely all shares in placing have found firm holders.

We are going to see "overhang" from placing for a little while yet imv.

However, this gives any of us [that is any of us with a positive outlook] a buying opportunity
at below the placing price. I am adding.

@Bannor Quite probably imv. Do not forget the brokers receive a healthy commission
for their part in arranging for the shares to be placed.

@MJFMSG No it is not "curtains now"

Do not think all deals today are sales. My last purchase was 1m @ .106 --last deal shown.

There will be some short term "indigestion" until placing shares are in firm hands.

Kdnc have 30% jv with Mexalit -- part of the 20yr mine plan of Sonora Lithium Project.

RNS stated Ganfeng will complete a review [of SLP] within 6 months ........with a view to
reducing costs AND accelerating the timetable.

This seems, to me, to infer a wish to increase short term production. I would expect GFL to have
discussion with our BOD on bringing forward Mexalit with our jv's in play.

Thus an operational agreement or sale would be basis of discussion.

Sorry google vox markets podcast