Winter27 Jan 2025 13:17
Probably Carters. But have to balance that with fact they have just completed 600 kilometers geophysical study,program with limited funds and 60, 30kg bags up ice sediment sent to ODM. Await results of this, but Radai Oy and work by KDR work has lead us to two diatrome shaped Electromagnetic anomalies, under ice identified up ice of the kimberlite Indicator Mineral Fan, shallow depths to access, will not be extensive to drill these two priority targets.... A successful, professionally conducted innovative survey I would say from renowned Radai Oy, expect nothing less from them...
This level of success was not expected by me personally, beats my expectations, but not of many here who are mostly even longer term investors than me... I am a relative baby in terms of the Kuhmo....
However I know a lot about one of the other assets Lahtojoki that have followed way before and even before European diamonds and Kopane diamonds and then invested into Karelian 5 years ago when Fredrik Bjornberg invested alongside 4p so know all about fundraises and does not personally bother me as would value Lahtojoki on its own at 10p a share.... Broker note by First Equity 21p equivalent... Problem is we have been crippled by delays in issue of that permit 5 years now... It is close though have mining permit have established boundaries with Court case and most owners agreed on level compensation which was small sums . Steve will be able to tell you exact figure and shared between how many. No appeals on them... 2 remaining land owners had to pay part court costs so were unsuccessful at changing boundaries went our way... 3 matters re compensation referred back re remaining two land owners, imminent and if lands then will have land side of permit . Giving us full mining permit over a diamond pipe... First such permit in Finland I believe, but again sure MR Karelian can fill you in on that.. Lahtojoki more advanced than any other in Finland....Much,much more could go on for days.....
But thank you for your input for some balance, but in interest of balance you might want also to mention the assets, work done to date, as opposed to a piece of paper that shows the cash balance.... Think you will find most here are Long, long term shareholders that know this share inside out and do not need me to say above. 50 at AGM Dublin impressive for a small cap.... Company need to get their message out there, developing nicely... Thanks for your input.