Member Info for Legalease

General consensus is that BCN shareholders are mugged by Ganfeng, they won’t be able to play the same trick twice.

Putting it a different way, why would Ganfeng spend the money somewhere else? The economy of scale/ marginal gain gained by purchasing our share of the JV would be difficult to match

Ganfeng will also be aware that there is a risk that in 1 or 2 or 3 or 4 o whatever years we may own half of a multi billion $ iron ore project that is delivering us cash in the order of £100’s of millions per annum and we just be substantially more difficult to deal with in that scenario, time really is of the essence for Ganfeng if they want the resource to themselves. They know it, Kiran knows it, we know it too.

Agreed Jimb2. They will be aware that this the beginning of a very long cycle, and that Kdnc will be open to an offer now. Common sense dictates we will dispense with our Mexico asset sooner rather than later.

…. Or 100% spontaneously, and then another 100 % on news, now that would be nice:)

How big was the stockpile, 1.5 million tonnes?

I don’t think he was counting on an agreement being reached on Xmas eve when he said that!

$1.5 billion?

There now seems to be a 50k buyer now too, whic his always nice to see:)

Amapa update RNS before business open on Tuesday imo, otherwise half the questions will be redundant if it comes after then but before the Q&P.:)

This evening were at a significant premium to share price, 32p paid :)

No doubt such flexibility would help inMexico:)

Well that’s a cracker of a first post Rock Speculator!

‘The Justin Urquhart Stewart tip in the Mail will be massive for us this week

A person of his standing to tip a minnow like KDNC on AIM is unprecedented’

Agreed HoundofHell, I have not seen something like that before:)

Have they refloated the private port?

Circa 1 million circulation in print form.

2.1 million online readers I believe:)

Here is his recommendation in the Daily Mail.

https://www.thisismoney.co.uk/money/markets/article-10359227/Top-City-figures-offer-investing-advice-cautious-brave.html?ito=native_share_article-top

Looking forward to the next two weeks of news:)

So, fundamentals and charts aligned, how exciting:)