Member Info for SirGBoycott

the share price was at this level around 6 months ago so yes if you bought in the last six months you'll might be turning a small profit .....

Yes they need funding and that's been the case for months but they seem to have crept on regardless. The last broker note was very clear significant funding was required but 6 months on nothing. A placing will only get working capital for enough 1-2 years of further sampling / reservation claims - why have we renewed the claim at Liperi and bothering with prospecting in Ireland when we should be focusing on elsewhere. A pilot plant requires serious cash that I doubt the Prof could raise

https://www.brandonhillcapital.com/media/77757/karelian_diamond_resources-initiation_report.2019.pdf

With a market capitalisation of only £1.35M financing is going to be a problem, even getting sufficient money together
for the pilot plant.

In which case then, until LC leaves there is no point buying back in even if the share prices falls to .7 or further. To do so would be slightly hypocritical

Anyone fancy participating in a placing in this stock and with an EGM looming?

Asides from being totally unethical I'm not sure the nomad wouldn't permit it (cant say for sure because I dont know and could find anything in AIM rules).

Anyone fancy participating in a placing in this stock and with an EGM looming?

Asides from being totally unethical I'm not sure the nomad wouldn't permit it (cant say for sure because I dont now and could find anything in AIM rules).

No long term holder has got out with any profit on the back of any recent rise. With dillution and consolidation and no corresponding value increase most small shareholders I reckon have averages between 10p and a pound.

As much as it irks me I have to agree with sonics last post that it just shows, as we all know that we don’t have much cash left. Hasn’t resulted in a placing as predicted by some but this is pretty much the same. While the imminent kiboom has not yet happened neither has the imminent kibo demise.

So the contractor (who is according to jax a friend or relative of LC) is committing fraud and Kibo is complicit in this. The contractor is happy to do this to get paid rather than pursuing through other more Legal means. Interesting angle that I’m sure you can both substantiate

Do you two share a room and take turns on the computer

Although not ruled it out. ‘Furthermore, the Company also remains engaged with TANESCO, regarding potential energy supply opportunities to the domestic market.’ Not sure what you mean by licence though...

Yes. Less reliance on TG.

A bit like I predict rain tomorrow unless the sun comes out

Still waiting for the £1.86 prediction please or was that not via charts. Similarity .43p and .35p or do twitter forecasts not count. Anyway it’s not Friday so safe for a few days yet.

?

Surprised though because it was Friday ......

Mogbear the way I look at it is simple. We need Capital win or lose. The current BoD will struggle to raise capital if they win and at what cost. I'd also argue that whatever they raise wont be enough to bring this to fruition and will be whittled away on other prospects (eg why are we bothering with prospecting permits in Ireland). They have form in this regard. The latest Broker note clearly states Finance is going to be a problem

Financial
With a market capitalisation of only £1.35M financing is going to be a problem, even getting sufficient money together for the pilot plant. However, once this is achieved, and should the bulk samples processed through it prove economic, and Karelian meets the terms in its agreement with Rio Tinto, then Rio has the option to earn a 51% interest in the project by paying for its development.

The new proposed BoD has a plan that would at least try and commercialise Lahtojoki in our lifetime and I am looking forward to seeing their proposal. More importantly I believe they can actually raise the capital required, have the relevant expertise and have the desire and fiscal incentive (non-salaried) to get it done to the benefit of all shareholders.

You have to be on the ledge to slip off it.

‘the TZ govt neither want or need power and are making no strides to get any, some 7 years later its no further forwards. LC is in the thick of it and had many meetings with the TZ govt and should of seen it coming, I would of done’ Bold claim. I suppose the TG govt have no interest in rare earths and PEAK are equally blind. Neither want or need power? They certainly need it and that damn dam isn’t for boating and the transmission lines aren’t for hanging washing. Your reverting to type again. Surely knowing all this there was another place you could put your cash where you had more faith in the stock. Alternatively set your own business up .....

norwegian kippers What’s wrong with some good old Yorkshire winkles with a nice slice of parkin

So on that analogy Boff let me ask you a question.

I want to bake some cakes. I need to identify, find and source all the ingredients, mix them together correctly and bake them in an oven for the right amount of time.

If I keep saying "No Cakes" because there are no cakes yet am I 100% correct and anyone that says cakes are coming 100% wrong.

If I say you'll struggle to get the ingredients and your mother wont let you use the oven then agreed you are 100% correct until someone finds the ingredients or persuades your mother to see sense

I don't see it as that Black and White

If tomorrow the TG turns round and approves the SML and welcomes KIBO's private PPA announcement is he still 100% correct?