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exploitation licence respectively.

I have posted the link to Hotcopper GGG and there one can see that the mkt cap is around the A$158 million @14c. So that is quite a good mkt cap.

On the other hand, KDNC*s mkt cap is £12m.

So, anyone can see that if they own a 100% licence sandwiched between Kvanefjeld & Tanbreez [Tanbreez is 4 times larger than Kvanefjeld but is a private co], that means that it is in the Greenland Rare Earth Province as cited by the 2 articles within this thread.

I am sure anyone can see that it is a good asset to have given this is not under Joint Venture etc.

I am interested in very large world class resources.

The AIM market is very under-researched for several reasons.

So, if one does research on the asset or potential asset, one can learn much more so that one knows whether there is a chance of any appreciation if any, of any asset of this investment co.

I do not only research REM/KDNC but any co that may have large or world class asset.

So, if anyone does not do any research how can they know what they hold or what the co*s assets are or WHAT THEY ARE POTENTIALLY ABOUT or even worth or not?

Isnt that the same for houses or for that matter any other asset?

So, the answer is No to both questions put to me.

I am not the only one that this question has been put to. Most of the old-timers also have been asked and they have said No.

All the info is through much hard slog.

I trust this explains matters.

A couple inherited quite a large sum of money and they decided to invest in Apple shares in the early days. They set up a group of like minded people and they researched products etc. This couple managed to increase their money substantially and are now retired to a condo in Hawaii. A lot of such stories like this. One janitor in the USA who made the news after he died left a lot of money even though he was not rich from inheritance. He went to the library to read the Wall St Journal etc and he did research.

Firms like SP Angel, Sprott all have research depts and analysts and they have committee meeting and their decisions are based on the research done of the co, industry, sector, a/c, co visits, visit to mine sites or resources etc.

So, all what everyone should be doing.

All stocks are valued by the mkt on these principles. Hence, the discipline Business Finance is the paper that underlines this.

In Australian & Canadian stock forums NO ONE asks the type of questions being asked. Why? They are aware of the principles of the stock market and some are 4th year students in Business Finance at the University hoping to become Analysts etc.

Hope this helps.

Just go round to the Aussie and Canadian sites, the latter who have very much more research and links to articles etc.

mrcautious at 20:09
Would you like definitive legal proof to your question directed to me?
I would like to invite you to the FCA & there we can show you proof of identity. Otherwise, where is there definitive legal proof of identity?

Firstly, everyone of the old-timers eg pension pot, torchy, isdeer posted on REM plc shortly after DL became Chairman and Zest plc was renamed REM plc.
Since Bannor said he bought in at 0.04p, he too would have seen our names on the London South East REM plc forum. That was a very long time ago when Zest plc was used as a shell by Mr Lenigas via RNS of 27 Jan 2010.

Also, London South East keeps the archives so that can be easily checked for proof.

In more recent times, question like your have been cited but I do not think they have legitemacy. Why? Anyone that has shares in a co would want to know about the co and do research on the assets. Otherwise, how does one know if the share price and market cap would be underpinned by the assets. As you are aware KDNC [formerly REM plc] is an investment co and as such the market values the stock on a mark-to-market basis and this is stated in the KDNC Annual Report and Interim Statements. This is called Net Asset Value or Enterprise Value or NPV.

Mr Eric Sprott, President and CEO of Spott did a video interview recently and he teaches how to stop a 10 bagger. Actually, what he says is: if one buys a stock, one has to ask will it go to a 10 bagger. If not, a 1,2,3,4,5,6,7,8, 9 or 10 bagger. This is evaluated against NPV etc. So very basic and how the stock market evaluates assets or potential. If it is an FTSE stock, then it is on P/E, EPS, dividend etc.

Those who are FSA licenced would have to know all this as they need to be qualified to hold the licence.

If you check, there is no need for the co to hire anyone or their broker for that matter. I am quite sure if it is against any rule if this is done. Why? There are financial organisations like Proactive Investors, Vox Mkts, BBR Media and such like [Brand Communications] etc who can communicate the RNS etc.

The 2 articles that I mentioned under this title was taken from HOTCOPPER GGG [Greenland Minerals & Energy] who own Kvanjfeld, the world*s largest undeveloped rare earth project in Greenland. I think this chap is Danish as he got it translated from Danish to English. So, I had to check that this is correct - I did so by checking GGG*s official announcement [ called RNS in the UK] to make sure this is correct ie the US Ambassador visited GGG*s Kvanefjeld & the US Geological Survey is at Kvanfjeld to do field work.

As I said MIDAS tip of 2014 on REM plc mentioned 3 assets: Sonora, Yangibana [Hastings, Australia in rare earths] & Greenland rare earths.

I cited from the KDNC website that the co said they are watching progress of GGG because their Greenland licence is between Kvanfjeld & Tanbreez which is No 1 & 2 in the world respectively. GGG & Tanbreez are now waiting for a mining licen

Greenland Minerals & Energy [ASX:GGG]
I decided to take a look at GGG share price because KDNC said they are watching their progress and they are our next door neighbours in Greenland.

I was quite stunned after I called up the share price history for as far as Google Finance GGG would go back to.

In the year mid-2007, the GGG share price just shot up from what looks like Australian 9c WITHOUT stopping or re-tracing to A$1.65 mark within a short period. By mid-2008, it came back down again, back to Square 1 at 9c.

In 2011, it shot up again to A$1.15 mark and drifted down to 4c in 2016.
It had flatlined and picked up a bit at the current 14c, MKT CAP A$164.23 million which is roughly £100m [52 wk high 0.16c and low 0.49c.

The history:
From online, the mineral deposit was discovered in the 1950*s. In 1983, the Danish govt decided not to pursue the option of nuclear power and work programs on Kvanefjeld stopped. Greenland Minerals & Energy ACQUIRED the area in 2007.

Comment:
Looks like the minute the Aussies heard about the acquisition, they went wild and over a short time, they took the share price from cents to $1.65. Sounds like the REM story and Sonora lithium project.

I remember that not so long ago, the Kvanefjeld project was not going to be allowed to go through due to the people not wanting mining and all that. However, in more recent times, there has been a change in their parliament on this issue of mining etc.

So, anyone who bought at A$1.65 or even A$1.11 would be at a LOSS of 10 TIMES. their original capital.

Looks like REM, from 1p to 0.10-0.13p current, MKT CAP £12 MILLION.

What is interesting is that GGG at A 14c has a MKT CAP of nearly £100 million [if £1=A$1.7]. That again, was roughly REM top mkt cap at the height of its share price at 2.25p [MKT CAP £95 million].

So, a lot of these big world class deposits can command a mkt cap of some £100m in those times. These days, they are around the £50m as the market tends not to re-rate to the £100m. However, in Australia, they appear to still rate them at £100m.

Hastings on the other hand [REM or KDNC JV] has a MKT CAP OF A$123.8 million [£72.35 million] with a share price of A 13.5c. https://hotcopper.com.au/asx/has/ and https://hotcopper.com.au/asx/ggg/

GGG*s latest presentation via their website shows a chart of the other rare earth players and Tanbreez is listed as No 1 and Kvanefjeld as No 2 in the world?
Hasting comes a bit further down the line.

So, looks like Australia rates the rare earth co*s at a much higher mkt cap.

I note that the capex for GGG and Hastings is within the same type of range, <$500m + - but I do not know about Tanbreez. Adams Intel [Obs gave the link today] said that the Japanese or Chinese may be interested in Tanbreez. Not difficult to see why since it is the world*s No 1 deposit and Kvanejfeld No 2.
Kiran Morzaria, CEO of REM did mention this per the Motley Fool article on KDNC.pl.

So, in

Cadence Greenland Project-
Cadence themselves said they "will watch progress that GGG makes over the coming years as they develops this world class asset." [Ref: "licences that encompass world-class Kvanefjeld, Sorenson, Zone 3 & Steentrupfjeld rare earth deposits." https://www.cadenceminerals/projects/greenland-rare-earth/

From all the other articles posted yesterday & today:
Kvanejfeld [ASX:GGG] & Tenbreez [Greg Barnes*s private co], we know that these two rare earth deposits are the WORLD*S 2 LARGEST for rare earths.
So, not surprising all the corporate intrigue over Kvanejfeld which Sydney Morning Herald reports. Its far too complex to unwind who owns what via institutional nominee accounts. Suffice to say, it is known that where big deposits are mentioned in history, there lies corporate action etc. Big deposits also means big money and sadly[for those old-timers in REM] to say that was also true of Sonora, another world class lithium deposit? I have come to realise from this saga that it is not so easy after all to handle a big deposit of whatever type and it may need specialist M & A investment bankers to tie up all the fine print etc?

GREENLAND
GGG [ASX] has already put in their application for a mining licence having gone through the loop for all the other processes eg environmental studies etc.

Tanbreez also has applied for an exploitation licence which means that once they receive the licence, they want to start construction. That is on their website and kindly check by typing Tanbreez into the search engine which will take one to their website. Same goes for Greenland Minerals & Energy to confirm that they are now on the cusp of waiting for the licence.

So, no longer something that will take yonks eg 10-20 years time from now. If either gets their licence, then can the other not get one too? Mr Greg Barnes was voted Prospector of the Year by the Greenland govt. On the Tanbreez website it is on the front page so check what date it is. The website tells everything on the front page.

For me, it was fruitful to have followed up on MIDAS REM tip to see what were the assets she named ie Sonora, Yangibank rare earths [Hastings] & Greenland rare earth. I have posted the link before. So, Sonora & Yangibana [Hastings] have been in the news and appears to have made the big time with Gangfeng {BCN] relating to Sonora and Hastings has featured in the news as its rare earth project is in Australia. The US is interested in Australian rare earth + Western jurisdictions.

So, REM Greenland [if the licence is renewed], then it may come into play now that the two said projects are on the cusp of approval?

I am not editing so pardon errors.

I am in the middle of dinner. However, I think it help KDNC with a mkt cap of some £12m at 0.10-0.13p to have Greenland [100%] in its portfolio?

Sun, 4 Aug 2019

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