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Interesting Kevin in Ireland with Demir then who’s. Working for us in Finland
🤔💎
Sunday Roast went on field trip for Cgnr on Friday and feature them today podcast.
Either they are looking to rise money on Cgnr or start to release positive news flow
Starting with Cgnr and then next week ( 30 days insider rules 🤷♂️)KDR might receive legal force Lahtojoki and ODM kuhmo mid December all just in time for AGM ????
I Cant see a mbo to be honest ,they want their cake and eat it but there reputation is key also and they have a lot of old friends' at the AGM who am sure they will see all shareholders ok all be it on shirt tail's
At 90 he is hardly off on go karting holiday in the south of France .
The Company is not listed on any other exchanges or trading platforms
Significant shareholdings (>3%)
Professor Richard Conroy: 10,263,912 (10.79%)
Mr Steve Coomber: 7,613,116 (8.01%)
Mr Fredrik Björnberg: 6,450,000 (6.78%)
Mr Kevin Taylor: 6,000,000 (6.31%)
Conroy Gold and Natural Resources plc: 5,000,000 (5.26%)
Martello Holdings Limited: 4,178,571 (4.39%)
Shares (Issued and Outstanding): 95,092,749 of which none are held in treasury.
12,963,408 (13.63%) not in public hands
Made up as follows:
Directors’ holdings 12,963,408
Total 12,963,408
This information was last updated on 12 October 2023
website looks FINNISHED to me only report news and not updated investor page or any other section unlike CGNR site ??
Maybe
But mates rates while the few fill up without spiking the sp ?
Monicor shares ran out so they did it themselves to continue
33% icing on the cake ahead of good new, diamonds Kuhmo ?
Lets just tweet copper ....
Both is the honest answer and you would if you were in charge !!!
Hence the discount placing and sister act !!!
There will an end game and they will want their cake and eat it.
That’s for sure and possibly near ???
The shareholders will arrive in masses sandwiches?they better put on a good spread and a wash of good news
Or it’s going to get heated…
Politely of course!!
Finnish government will want diamond mining to become a reality in Finland ?
Canada government is helping diamond miners in Canada
Great source of income
We need only to find ore bodies not a mine and sell the assets to major
Multy billion business and we are in pole position?
Finland 🇫🇮 ???
Less then handful of Diamond exploration companies still around with very little competition
??
F-ck if that’s the odds 😂
We will see after Kuhmo. 120kg x 23. Samples comes back from ODM ???
, mid December no doubt 🤔
AGM soon follow. After?
Finals due end of November but that’s only reported to August 23 ???
Rio Tinto has appointed James “Joc” O’Rourke as a non-executive director with effect from 25 October 2023. Mr O’Rourke, a dual Canadian / Australian national, will therefore stand for election at the annual general meetings of the Company in 2024.
Mr O’Rourke has more than 25 years’ experience across the mining and minerals industry. He has been the chief executive officer of The Mosaic Company, the world’s leading integrated producer and marketer of concentrated phosphate and potash, since 2015. He also served as President of Mosaic until recently and previously held roles including Executive Vice President of Operations and Chief Operating Officer.
Before joining Mosaic, Mr O'Rourke was President of Australia Pacific for Barrick Gold Corporation, where he led ten gold and copper mines in Australia and Papua New Guinea. He currently serves as an Independent Non-Executive Director of The Toro Company (NYSE) and the Weyerhauser Company (NYSE).
Rio Tinto Chairman Dominic Barton said “It is my pleasure to welcome Joc to the Rio Tinto Board. He is widely respected for his deep knowledge of the mining industry and passion for improving safety and operational performance. I look forward to the valuable contribution Joc will make as we shape an even stronger Rio Tinto for the future.”
Last night late RNS , coincidentally Rio released a similar statement around same time .
They also had the main company holders filling up almost identical days as our Prof did ?
They also released a new board member for gold and copper who past experience was to manage multiple projects..
https://www.riotinto.com/
Almost uncanny the similarities ??? In timing .
Coincidence????🤷♂️
Cheeky top up .2.675 is a buy
Currently 500k on offer thanks to our board hmmmmmm
Moz
Think KDR may prosper, but it needs a big partner, or announcement of one
Many Call me a fool but i cant help thinking the cheeky load up was a signal for just that .
Stranger thing can happen ,Why would they want a hostile reception for the AGM by private Shareholders would be diverted if a parcel of diamonds appear in the near time ,after the 9th of December .
REASON
The Financing was arranged at 4 pence per share (the “Issue Price”), representing a discount of
11 per cent. to the closing bid price of 4.5 pence on 27 May 2021.
Placing and subscription of 13,000,000 ordinary shares of €0.00025 each (“Ordinary
Shares”) at a price of 4 pence per Ordinary Share to raise £520,000 before expenses (the
“Financing Shares”).
In conjunction with the Fundraising certain parties, including Professor Richard Conroy
(Chairman of the Company) and Maureen Jones (Managing Director of the Company),
have also capitalised amounts owed to them totalling £80,000 through the issue of
2,000,000 new Ordinary Shares at the Issue Price (the “Debt Capitalisation Shares”).
The Financing increases the Company’s exploration capacity and strengthens its working
capital position.
Each Financing Share and Debt Capitalisation Share carries a warrant to subscribe for
one new Ordinary Share at a price of 8 pence per Ordinary Share exercisable for a period
of 30 months from the admission to trading on AIM of the Financing Shares and the
Debt Capitalisation Shares (“Admission”), creating 15,000,000 Financing Warrants.
Expire on the the 9th Dec ,after that virtually all warrants remaining go to the Conroys and board members of CGNR ??
And associates .???
That what you call cake and eat it ????
Note there not filling up in CGNR ,Hmmmmmmmmm
All snapped up I might add
New shares hit markets tomorrow?
Nick joined Allenby Capital in July 2009 and became its Chief Executive in July 2011
coincidence our last HOLDING RNS was Mr Naylor ,wonder if any relation ????
Just wondering ???
I'm beginning to think he had to subscribe to the 2.5P placing along with the good Dr Sorca to even get it away at 2.5P the alternative being lights out ! I'm probably wrong time will tell but rather than feathering their own nests they've bailed us out ! If Khumo was the next Diamond Province there would be a queue a mile long to buy shares !! they certainly wouldn't have to crash the sp on what's now looking like a desperate attempt to raise funds .
That, s the other side to the coin we hold ,high risk high rewards ??
However they would not bail us out ,they will only add more to gain more imho .
Remember two failed EGM was bought victory and to me as expensive as it was bruising ,it provided Vitale spark with this company has true value or .... they all could have all disappeared without any worries .
Bought their way out ..it has extreme value ??
Conversion of loan from CGNR was nothing to recuse us? in fact the opposite ??
differ which one is right ,but one of us is right .
TIME WILL TELL
Cheers Richie hope all well your end .
Commin twin is back on ?