Member Info for jdt1990

Well that’s a shock, yet another placing! Good to see he was honest in the use of the funds though. To do some shovel digging around a spot where he found a green diamond and pay his Overdue monthly retirement bill via shareholder cash.

Please don’t tell me this isn’t a punt.....there is a chance they could find something of size, yes. However, you could quite easily be diluted to the point of no return by the time that happens. You’d have to get lucky with timing on this one.

Also, if it was so promising, Rio would have been a bit happier to stick around!

The net proceeds of the Placing will be used by the Company to explore the acreage surrounding the Lahtojoki diamond deposit and to expedite its technical assessment of the deposit, for exploration in the Kuhmo region of Finland where the Company has discovered a green diamond in till and for general working capital purposes.

Would be great if this is the peak of your contribution on this bb too thinkabou tit....this has by no means peaked. Impatient Pis chasing 20% where they can are the only sellers, a lot of LTH in here for way more than the COViD play. The long term pipeline here is huge. Take your skin chat back over to skin

MR Spacetomato. Come across some of your good stuff over on AVCT. If you're looking into KDR I would suggest doing some research on CGNR too and Prof Richard Conroy. He has run these companies as lifestyle companies for many years. I have BEP's in KDR @85p and CGNR @ £2 which might give you an insight into how he has diluted LTH's to oblivion. That being said, it may well be a punt at these prices and a KDR Mcap of £2m, if there was something of any signifcance (other than promising kimberlite pipes which we have been told about time after time) then it may well be worth a punt.
I cant trust the guy enough to put more money in and average down. However, as I said, at these prices, there might a space for it in your "high risk" section.

POG ticking up to that $2000 mark again - nicely timed for the first pour at the end of this year if the environmental permit isnt too much longer!

DM83 - Its a good points and we briefly touched on this a couple of weeks ago. We concluded that they would have to test you at whatever venue it was given to avoid "gaming" the system. However, as you say, sadly in this world I am sure some would use a mates saliva if unsupervised to get a test that would allow them to travel say.
So in the case of a bio passport I wonder if you will end up having to have a test at an "official destination" for that to be valid.
I think we will just have to get used to things taking longer if you want to go to the footy / concert etc but agree it may be hard to fully supervise everyone taking the test..

Definitely agree mowzerrocks, it caused a stir on this bb as we all knew about the site and the anticipation of the LFT RNS has people checking every single avenue daily for a snippet of potentially new info.
I can’t imagin Joe Bloggs have heard of Mesusa19 or know where to find their website. Either way, it’s now clarified, minimal impact and we can move on.
The govts are the main targets here not the DTC market anyway - we all know how that is progressing via Condor as it has been RNSd.
The usual boohoo / Kamani spotters are out today along with the “we need timelines and a test yesterday”. Says a lot when this crew jump on a sniff of something remotely negative.

This is interesting in the T&C's...does that confirm there will definitely be multiple manufacturing partners as we would expect and you will get a LFT with AVCT tech but they may be branded differently depending on who made them?
4.1
The images of the Goods on our website are for illustrative purposes only. The Goods you receive and their packaging may vary from those images. We do not commit to supplying you with Goods from a specific manufacturer or brand owner. Our only commitment is to supply you with a COVID-19 test.

Assume you’ve had a beer or two hurst?

Pretty sure if it was doable ab8dct, one of the 9000 antibody testers out there would have come up with something!

Good spot Trek. Agreed it does seem like it goes back and forth for some minor tweaks as opposed to a blanket rejection/re-submission which is good!
As you also rightly say, 14 approved permits in a country that is very pro mining bodes well bar any catastrophic unforeseen circumstances. Should be close to the front of the queue, so any day now.....

Trek - this is from the 22nd June RNS so it must have been submitted in June. On the basis of your 25 day turnaround we are well overdue this news so I am hoping there are no major delays/issues here (or we are classed as large scale but that is unlikely)
Hopefully it comes soon as production has been “promised” in Q4.....

The application for the requisite environmental permit in respect of the Homase South Pit has been submitted to the Minerals Commission and Environmental Protection Authority in Ghana is now in the final stages and the Board expects it to be awarded in the next few weeks.

There’s going to be plenty of profit taking along the way in the gold market. With the dismal growth numbers coming out of developed economies, there is no doubt gold is on a bull run and it will continue.
Nothing goes up in a straight line!

What are the rules to be listed on NASDAQ? To be listed on the NASDAQ exchange and reporting system, the following requirements:

Shareholders Equity of at least $2,000,000
At least 100,000 shares of public float
A minimum of 300+ shareholders
Total assets of $4,000,000
At least two market makers
$3 minimum bid price of the company stock
Public float market value of $1,000,000

$3 is around £2.30 currently so post the LFT coming into production in the near term, looks like we could have all these boxes ticked!

Another sneaky little teaser from AS maybe? From the RNS:
Most recently, Neil held the role of Senior Vice President, Head of Global Clinical Operations at Autolus, a UK cell and gene therapy company backed by Syncona, which listed in the US in 2018 (NASDAQ: AUTL); a process in which Neil played a key role.

I’m sure all that is being addressed by the relevant entities matt2521 .....another possible reason for the govt goalposts being changed along the way!

Thanks for those responses. I certainly agree with you both that the consumers will want it and my view has always been that we shouldn’t be depriving countries the use of coal etc to provide them what is certainly a basic necessity I.e electricity. It’s incredibly hypocritical for the developed world to force renewables on developing countries when we have been polluting the world with this stuff for hundreds of years. As you say Germany and Greece (I think also Poland) are still some of the worst offenders.
Wasn’t trying to put a negative spin on anything just understand if some of the “renewables lobby groups” let’s say could impact us. All your points are logical and I agree, sadly the world isn’t a logical place so was only wondering say what impact the ADB may have on general sentiment but towards Africa coal projects.
Anyway, it seems the consensus is none so I will shut up and leave it to Hanno and Co from here.
Appreciate the responses

Yep very aware there is the bias in that article on the moving away from coal element but I also think there is no way that is doable in developing countries with a clear cut switch from one to the other. It will Certainly have to be a phase out and phase in approach. The bit that stood out for me was the 2019 quote from the African development bank president about getting out of coal and into renewables.
Sorry I wasn’t clear there, I’m not suggesting the project isn’t going ahead but more could there be a little more resistance that either has been or will be responsible for delays?

An old article but what are people’s thoughts on the views noted in this? Slightly worrying but does seem like the Chinese are persisting with coal....

https://ieefa.org/coal-power-in-mozambique-out-of-date-before-it-begins-construction/

And to be clear I am also in but sadly from the old days with an average of 2.5p.....

But what are you buying into Ivan’s? Any near term revenue generating assets have either been sold off or formed new companies that Kibo investors get no direct shareholding in (MED and KAT). Then the Indirect holding via Kibo is going to be diluted to oblivion again and again. Unless there is some miracle on one of the Africa projects this is just a company that owns some coal that it can’t make into a viable business.