Member Info for mrcautious

Ever seen the movie 'Conspiracy Theory' by any chance ?

I cant get any comms from the company at all so if they wont talk to us we have to assume the worst...

I would say KDNC was a Ponzi scheme, the only thing wrong with this idea is that in a Ponzi scheme the first people to leave get all their money back !

I think thats about right..
No AIM junior miner can rock up at a branch of Santander and say please lend us £100M to build a mine infrastructure and processing plants etc.
I see the CEZ situation as very positive presently.
Its just a pity Trump is crashing the Global Markets that need these commodities...

A 'null' RNS....
Nothing bad but no real change either....

Totally correct Bid..
Its "keep the lights on" money for KDNC as someone else said on the KDNC board KDNC is one never ending gravy train where the board never loses out !

News -- 2 questions
1) How much per post do you get paid ?
2) do you work directly for Cadence or their broker ?

If Trump doesnt stop crashing the global markets its doubtful that Iron Ore will recover anytime soon...

I would love to think that it will as I have around 3M shares, but I am considering this investment as a loss right now as I see no end to the selling/cash burn cycle they are in and their inability to show how they can ever show a return for shareholders..

Other AIM shares I have been in just went into freefall and were not worth selling eg KDNC -- however this share dangles just enough bait to keep the punters interested but continues to be the never ending story.. I am starting to think the conf call on wed is the hook getting some fresh bait to keep everyone on the merrygoround...

My ave is about 5.5p so also well underwater...
I HATE AIM !

Thing is they are offloading more BCN shares and they are probably burning the cash almost straight away to keep the lights on and to pay salaries etc. They now need to do something so huge with the share price I dont know what this could be. With hindsight I would have liked to be invested in a company that had a decent set of businessmen at the helm rather than the minigasses...
I only hold about 3 million shares but they cost enough at the time. I would go to the AGM again but to be honest whats the point ? They will carry on doing what they regardless and cant be ousted..

So Ivy whats your view on the share now as a claimed very large holder in this ?

They must have roughly £1m worth at these prices also not knowing how many they have already sold. It could take a while to offload them all without absolutely trashing the SP. AS they are below the reporting threshold they no longer have to report I think.

Earache - how is it possible to make a qualified risk decision on almost any AIM stock ?
I assume you are invested in AIM shares as why else would you be posting here, but in my approximately 10 years of investing in AIM I have never seen a share where anyone knew more than 50% about what was going on and would likely happen at this sort of stage.

1 post and projecting a boom eh...
Ramping in its purest form...

Thats the problem having shares in a mine in such a remote part of the world - none of the shareholders can jump in the car and check out whats going on..

And when October rolls around it'l be nothing is going to happen till Q1 2020 --- as this is the way this share has been for years...When that ramper flawless kicks was on here he was always re-basing the timescales, if you were able to look back at his posts you would probably see one saying it will happen Q3 2018 or similar !

Secrets out !!

Sorry your post makes no sense...
But I do think the liquidators are attempting to hide things from us.