Member Info for Ivybush

@Bannor, I am with you on this: reasons for constant selling:

Forward selling --usualy with pre knowledge of cap raise pending.
Reduce market cap to make below asset value offer --a la Bacanora.
Distress sales--although I would expect a deal could have been arranged as sp has been forced
down for a few weeks now imo.

Which is most likely?

Fridays deals as marked were not all sales. Looks to me that from about 11am the spread was
10.50/10.70 for rest of day.

@observer842 As the Test Match appears to be drifting out of our grasp once more, I have just looked in
and welcome your return to contributions to this BB. In recent weeks many post have been filtered by me.

On Sonora, I have since Ganfeng involvement expected them to acquire our jv's. As has been stated if the
Mexican Gov had not tried to play their Nationalistic card I think they would have bought us out already.
A small price to pay by them for complete control.

I have followed developments in Amapa by looking in at local news. All very positive and much support from
State Gov and population who welcome the prospect of increased employment in the area. The political will
is certainly very supportive of our rehabilitation plans.

Great news for all shareholders. This converts a future [many years ahead] possible profit into a
tangible equity investment. HAS does have current development plans and is in the right rare earth
commodities.
Well played CAR3Y, pity the moaners on this BB did not take on board your confidenence.

@CAR3Y Well done. I would join you with more myself at this sp but I have a % limit on any share
holding in my portfolio and I am just above that with kdnc.. However, at this current price
I cannot believe holding for a year or two will not be profitable.

Did anyone pick up on the comment by Kiran that he is in contact with Ganfeng with
regard to Sonora by regular e-mail and hopes to have a meeting on the development
of the project.

Re: POG and future outlook.
If you want inside info on gold/silver manipulation and effects of Basel 3, I recommend
"Live from the Vault" podcasts with insider Andrew McGuire giving details of gold dealings.
Worth going back over last 2/3 videos. Looking good for 2022.

Thank you for your explanation---Ponzi was a bit heavy! Particularly as I have been adding
for last few months, so 2p would do me fine.

@SnipVW "Smells like a Ponzi scheme" and you still hold shares?

However cautious the projections are on Amapa book value/ebitda they give truly amazing
returns for the kdnc investment of $6m.
Also bear in mind on future capex we are talking about rehabilitation of equipment that was
in good working condition in 2012, all the deep mining expenditure work has been done.
Yes, there will be a port reconstruction but the overall costs will be far less than a new venture
with local government support and goodwill the investment is sure of success.
From here on kdnc has great potential and a strong buy from me.

@Aquae - thank you for your contribution. After the rapid drop in sp I made very rudimentary
checks on previous rns's, listened to Adams interview and felt that the fall had been overdone.
So I made further addition to my holding.
Clearly we are still rather in limbo awaiting new CEO but the prospects have not changed after
the latest drill results imv.

Thought it a good move yesterday to pick up my proposed additional purchase of
shares over my guranteed placing allocation. At premium of less than 0.2p it seemed
a small price to pay for certainty imv. I would expect some scaling down at placing
on excess share applications.

At this sp and with a number of projects coming to fruition kdnc is undervalued.

Although limited sale transactions of size so far it looks like some placees are happy to sell at 21p.

That will not continue for very long with present buying volume.
Maybe better to take current sp for any purchase rather than wait for a limited number at open offer.
Bird in the hand and all that!

I do not expect any open offer to shareholders to be generous.

Sufficient cash for immediate needs and stock pile sales pending.
kdnc does not need more cash in short term until possible 49% deal comes into reckoning.

Could it be that placing was brought forward due to interest from institutional investors?

This would give opportunity to satisfy this demand without sales from existing holders.
Just musing why large discount to sp was thought necessary.

The placing will provide funds to take holding in Amapa to 27%. The value of that investment alone
is likely to well exceed current market cap.

The BOD are giving existing shareholders an opportunity to take up further shares at 20.5p. That is
an offer not to refuse in my view.

@jimb2 Thank you for your continued contributions, inded from years ago you have been predicting
the EV revolution--to many doubters originally! kdnc is in an excellent position to benefit from this change.

I also notice that often after your posts there are a number of filtered posts. I have no interest in what they
say hence are filtered but I would encourage you and other genuine contributors to please continue.

Just topped up again, cannot believe I can still buy below 25p.

@Obsever 842 I took it that the facilitator was Synergy Prospecting in which kdnc
has an indirect shareholding.
But then that is only a supposition from the details announced.

We are close to receiving details of soil samples/surveys for our
two lithium projects in Australia, optioned out to Castillo.
If, as I would expect, samples show credible reserves for mining to be commercially
viable kdnc will receive payment by way of shares in Castillo and in addition future
regular income from the 2% Net Smelter Return agreed.

Not a game changer but a positive which has not been mentioned on this BB for some time.