Member Info for swinger

Its a very good price considering.

50 percent down onopen for sure but now they have 850k cash and huge tax losses for an RTO in Pharma.

Mental who this wet above 1p and 7 million market cap.

0.5p today?

I have been doing AIM long enough to know its a dirty place, however I did think this one had huge potential with amapa. I still do I just didn't expect to be down so much so fast.

I always have about 15 stocks and some funds so Its not all eggs in one basket but Im down a lot here already.

Covid plays I mean.

This auto correction is killing my posts.

I put 10 percent of my PF here and have averaged down a few times already! no more! See in 6 months if we deliver on Amapa progress and I can get my money back!

Thought Amapa was a 10 bagger potential

I really should have just pumped into all the ramped cover plays. ODX, GDR, AVCT all 10 bagged in weeks.

yeah thats me. over 30 percent down in a week! though amaze was a 10 bagger and already down a lot! Back to topping up my funds next time!

It was a sell. I only bought in yesterday and am already 20 percent down. Wasn’t expecting to average down so fast.

Tiny market cap and I have large part of my PF here. Managed to average down at 1p but still got plenty higher!

Still expect Tony to deliver.

Need some long term holders to move this from near all time lows. 9 million market cap and another bad aim trader sells.

Buy - 20-Apr-20 11:03:56 10.25 43,824 Buy* 10.00 10.25 4,492 O

Sell - 24-Apr-20 11:36:18 8.80 43,824 Sell* 8.90 9.50 3,857

Nice way to waste 600 pounds. Please send me 600 if you have it spare I will top up.

Buy - 23-Apr-20 10:42:16 8.90 3,558 Buy* 8.50 8.90 316.66

Sell - 23-Apr-20 14:26:26 9.20 3,558 Sell* 9.20 9.80 327.34

13 pounds! before fees

could be someone on this board!

Could do with more volume, currently we have almost twice as many comments as trades!

Some great posts. Does look primed to move to double figures and some. The EMH RNS is another added bonus to more than underpin the current share price.

Can see people pay much more in the months to come if the BOD deliver with AMAPA plans. For that reason I started buying a few.

Thanks OB.

I will take a look. AT first glance I can see you have done some great research from the Anglo reports and also have some huge numbers for the project.

At first glance it looks like one of the most undervalued stocks I have ever seen but I guess its never that simple.

I am a big holder in a few small cap exploration companies like TLOU, HZM and ARS but always looking for more and hoping to get a 10 bagger to pay for the ones that drift to not much! Could KDNC be the 10 bagger...

Thanks again and I will get reading during lockdown.

I have been doing some reading and have come up with crazy numbers. So please can some help me...???

Amapa Mine.

Iron ore about 84 dollars per tonne x 5 million tonnes per year x 14 years = 5.88 billion in revenue for 14 years

27 percent KDNC = 1.58 Billion revenue. If they take 49 percent then its 2.88 Billion revenue.

Market cap 9 Million? If EBITDA is 136 million per year for the project - thats 37 million per year for KDNCs 27 percent. Not sure what the actual profit will be but lets take a guess and say half at 17.5 million. Put that on a PE of 10 thats a market cap of 175 million. Looks mad to me so what am I missing???

I guess we would have dilution to fund it and or debt to get in started but It seems crazy cheap.

Not even mentioning the other projects that underpin the current market cap.

Key facts from company presentation.

Initial Revenue from US$ 30 - 40 million of Iron Ore stockpile at dock.
Mine life of 14 years and at 5.3 Mt of Iron Ore per annum.
Vendor estimated EBITDA of U$136 million per annum(100%).
Due to “rehabilitation only” the mine and existing infrastructure can be brought to market swiftly.
Prior to its sale in 2012 Anglo American valued its impaired 70% stake in the Amapá Project at US $462m (100% US $600m).
The total historic mineral resource contains an estimated 348 million tonnes (“Mt”) of ore @ 38.9% iron content (“Fe”).

One question is it 30 to 40 million net to KDNC? Or is it 27 percent of that?

Yeah PCGE went to the dogs, unlikely to resist after the failed RTO - My holding is worth so little its hardly worth selling.

Is a total joke. My hold over 90 percent down! A true bag of crisps stock - glad its only 1 percent of my pf. Avoid this dog. Its a good reminder for me to hold so I know that Aim is full of dross.

commercial agreement for airbus 380.

I remember the VRS board at 20p they all said it will crash due to no revenue it went to 180p. Its game changing tech - If they pull it off its potential is massive.

Great time to buy or top up. Always drop on results as its a growth story. Potential is mega. Thats the game

What I don’t get it’s why it’s 28 p ish in USA, what am I missing

Perfect makes sense so this is about 29p in the USA