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A couple of £35k trades went through earlier, maybe that is why the share price has not gone lower, someone buying in the back ground?
Where do people think this has the potential to get to?
It went to 3p on the 11/02 when the acquistion details were announced (alongside the placing).
If the Bermuda Monetary Authority sign this off, this could really fly.
Placing shares dont seem to be being sold either as the share price has held up really well.....
not a frequent poster on this board, so dont know if this has already been picked up.
Anyone know if this is linked to NCYT?
nice buy at full ask of 1.1p and they ticked the offer up to 1.2p.
Maybe we will have an afternoon rns?
The 1 week deadline is up tomorrow and with BHP setting records with their dividends and sayng the iron ore market is going to continue to run hot, could be quite exciting for Amapa
no speeding ticket required.
The rise is clearly related to yesterdays RNS and Director interview
This breaks 21p today!
Great RNS and interview yesterday.
to quote Kiran:
Anglo American written down value of the Amapa project places its 100% value of US $600m
KDNC are getting 27% of that for US $6m.
That 27% is worth $162m.
he also said that the settlement agreement will be completed shortly after they start oving material from the tailings and before the Scoping study is released. So he clearly thinks that it is due!!!
Overall i think that was a really good interview and RNS this morning.
HE has confirmed - there is no need to raise funds
and todays RNS is a 'double whammy of good news'
and the settlement agreement is being finalised.
Calling KDNC to 25p short term minimum and 40p long term.
https://www.share-talk.com/share-talk-bulletin-board-heroes-wednesday-10th-february-2021/#gs.t4vpbh
starts from 5:30
19.6 has been paid a couple of times now, so may see a tick up shortly...
paying over 20p to buy now.
Come on KDNC
observer842 - I agree, I think this is more than just the release of the $10m.
I think this is the pre curser to the start of the bigger picture and the next Amapa RNS's.
We also have the holding in EMH and BCN to under pin our share price.
I would say that there is no Amapa priced into our share price currently
EMH closed at 79p, so it is back to testing all time highs.
BCN - positive update and now fully funded.
Its time we followed suit and test highs. And this RNS is the first of a few to get us on our way higher
This will also mean they will not need to do a placing to increase their stake in the Amapa project!
Go on KDNC
I think breaks to new highs today.
Big step forward and will provide the cash needed to get the amapa ball rolling ahead of completion of legal paper work
there was nothing availbale on the offer, £7k sell comes through, so it naturally goes onto the offer and the market market is immediately lifted in £10.
There are clearly buyers here, just no one is willing to pay over the offer.
Another solid buy of 1,000,000 shares.
Come on GL give us the funding news.
EMH up 13%
looks like all placing stock has been flipped. back to 1.1p bid and 1.15 offered.
terrible placing, GL moans that sentiment is weak and PI's slate him, however he finally gets a fund buying the shares and sentiment returning and he smaches them with a placing!!! that is a great way to really build investor confidence George.
Thankfully the assest and the new price per therm is enough to chew its way through the placing and now let us start to track back higher