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Alternative reasoned views tend to be insulted by those with too many eggs in one fragile basket. Vested self interest must never be challenged lest the handle breaks.
A rose by any other name…. On another totally unrelated topic can any remember the username of the poster who was talking up an imaginary Russian offer for KDR a few years ago. They deleted all their posts rather hastily at the time when they were called out and I can’t remember who it was.
Nonsense, more likely they found very big low grade areas that they believed could never be permitted in Ireland or commercially mined. If it was simply too big an opportunity for them why not wait for another partner and keep an ongoing interest in the project? They walked away not really expecting there to be significant future income, there was no value and they have the insight from drilling and teams of geologists as opposed to your fantasy world speculation😀
Please explain why Demir walked away if the CGNR licenses are so valuable with a deal that only lets them recover their investment and break even at best. Pure fantasy nonsense.
“The maximum aggregate amount payable to the Royaltyholder (being Demir Export) shall be capped at the amount of the total investment by Demir Export.” Demir can only break even with this deal. The is is not the actions of a company that saw great value and CGNR would not be able to force them out on these terms if there was genuine value of interest to majors in the licenses . Usual spin here like the implausible assertions of KDR voluntarily walking away from their agreement with Rio Tinto.
If it were the case that someone is secretly funding exploration or a funding partner was substantially agreed then CGNR (given common directorship/ownership) taking a stake would surely be some kind of insider trading. On this basis there cannot be anything more happening than is in the public domain as has always been the case. These rumors have turned out to be false for decades now and are not really in the interests of potential investors.
Doesn’t look like usual rumours of major funding exploration behind the scenes or imminent jv carry any more weight than they did 10 years ago.
You asked for no such clarification on which meeting I referred to when you bluntly stated that it had already happened. Nice try though.
I expressed an opinion about priorities you countered with “a fact” which in no way could be interpreted as opinion. Has the meeting been held already or not? Nice try again!
A poster on 23rd of November was eager to issue a rebuke to concerns raised over COVID delays to public meeting with a “ Nice try. The meeting already happened.” 2 months of waiting for outcome from fabled meeting or nice try but wrong?
Still some trying to flog this dead horse on the cgnr board!
Would be great if there was some real news to crow about instead of yet another fantasy!.
Fantasy conspiracy theories of lots of important things going on behind the scenes in Finland exposed for what they are. Covid causing indefinite delays to progress which are entirely outside of management control while business burns cash. Failure to find kimberlite in Ireland side quest spun as success story.
“COVID-19 has also delayed the due process in relation to the granting of a mining permit over the Lahtojoki diamond process.”
Possibly another nothing new of real substance update or bad news snuck out a 6 to stop the share price tanking as much as it would at 7am? They can’t surely be still working on it, so why sit on it.
Great news! Can you provide a link?
I think COVID may be more of an issue for KDR than anyone acknowledges. If we haven’t had the long awaited Finnish public meeting yet, then the window of opportunity is closing once again as new COVID waves hit. Further waves and restrictions are in effect an indefinite delay entirely outside KDRs influence while we burn cash and chase Irish fairytales. I suspect neither local or national government will be prioritising these meetings.
https://yle.fi/news/3-12197449
Please can one of my descendants or other KDR holders who have learned the secret of eternal life reanimate me in a 10000 years when this latest “exciting news” comes to some sort of commercial fruition. You would be better off waiting for new diamonds to form.
Best case or worst case could be CGNR bailing out KDR or merging with KDR?????? At least they can pay the loan back to keep the lights on here. Note Geopool offer professional services in exploration licence management, their involvement in both Rio and KDR claims could be entirely coincidental and they are involved with many other companies , it is a red flag that there is always a need to extrapolate and speculate on such minor things to make an investment case rather than point to real news flow. Some of the confident ones were trying to overthrow. the board not so long ago. Was that a mistake???????
I am wary of sock puppets!!!