Member Info for Yogi1

Hopefully we will find out soon, as it would make sense, looking at the current state of play at the company. A serious re-rate is long overdue here. x10, x20 on significant news would only be 6.5p - 13p, which is not a big deal really. However it is a big deal if you have timed your investment smartly. IMO, DYOR

I would say cool your jets. Calling for heads is just disrespectful and unnecessary. Maureen and the late prof Conroy had the foresight to go into Finland and stay the course when many others fell away. What they have done on a shoe string in nothing short of miraculous. Yes it has been a very slow process, and frustrating, but KDR are now in a position that they have a mining permit and serious assets. KDR are the front runner in diamond exploration in Europe and I am grateful to management past and present for bringing us to this point. It is my view that KDR are on the verge of recognition and transformation as a company. It may not feel like it when you look at the share price, and that is soul destroying for us shareholders, but it will only take one rns to kick start a transformation of this tiny company . KDR has never been about share price spikes, it’s been about getting the this point and then being smart enough to hold the shares. DYOR and IMO….

KDR have an interesting portfolio of assets ( I have probably left 1 or 2 out)

Lahtojoki

Lahtojoki South

Kuhmo1 - Anomaly 5

Kuhmo2

Seitepera

Riihivaara 24, 24A, 24B, 26

Liperi

Salla

Jappila 1 - Pieksamaki

Havukkasuo 1 & 2 ( may still have this, I'm not sure)

Northern Ireland

It’s time the company made some noise. The share price should not be at current levels.

Hoops, it doesn't make any sense that the market has attributed zero value to the mining permit for the first diamond mine in Europe. The last small piece of the compensation jigsaw is just a formality due shortly so shouldn't hold anything back. Does the market simply not believe this? or is it waiting to see if a deal is forthcoming before any realistic value begins to be reflected here. It's currently a very weird unreflective market capital. It cannot remain so low.

An opportunity is an opportunity! I believe they said in their last interview.

On the 3 August 2021 First Equity put a target price of 32p on KDR and said that this was based only on Lahtojoki. For prudence purposes, they did not at that stage incorporate any exploration and discovery uplift from any other KDR asset. Lahtojoki, didnt even have a mining permit then. They believed that the market had not to date understood Karelian’s potential to benefit from the exploitation and mining of pink diamonds and the substantial economic uplift attainable. KDR is now 0.6p. and now far more than just Lahtojoki. Just serves to highlight the extent of the undervaluation here. dyor and imo

People do not realise that a diamondiferous sample found at the Lahtojoki kimberlite pipe was assayed to contain approximately 90,000 carats of diamonds per ton. This exceptionally high-grade sample was found within diamondiferous eclogite xenoliths from the Lahtojoki pipe, suggesting the presence of high-grade diamond pods or thin seams within the deposit. Thats 1% diamonds! There is a paper written on it.

Lahtojoki already has the full mining permit. I think the key here in assessing its worth and attributing value to it is to realise that its value to KDR is not just inherent to Lahtojoki. This mining permit that they now have opens the door and KDR can now use a production hub at Lahtojoki to effectively process any success they have elsewhere. This has always been the sticking point, and a reason KDR played the long game in acquiring Lahtojoki and subsequently achieving the Mining Permit. KDR hold all the cards now.

-Seitapera

-Anomaly 5

-Riihivaara

etc

Ade2017 asks a good question, and to be honest I don't know the answer. You cannot rule out Rio Tinto, however I suspect they would be more interested in Anomaly 5, should that be the big one. I would suspect Burgundy would be interested, or even some ex-Burgundy employees in the form of a new company might fit the mould. There is also a good chance that a Finnish company might come in on Lahtojoki, along with some GTK interest. As they said in an interview, there will be interested parties with different time frames, so i would imagine there will be interest in KDR.

Perhaps some sort of Rio Tinto finnish subsidiary will be involved with a new company.

What I don't know is whether Rio see a future in diamonds any more. Argyle is gone now, so if Rio are not interested, they will be out of the fancy diamond market, leaving KDR ripe for the picking, by whoever wants to step in and dominate the niche fancy diamond market (especially for pinks and Greens).

I don't think KDR are going to want to dilute shareholders any more, so some corporate interest in addition to the exercising of some existing warrants might be wise. Who knows, either way this looks an exciting time for KDR. Hopefully the share price will wake up soon as it has been dormant for so long now. The shares are so undervalued it defies belief. Zero value has been attributed to the Lahtojoki Mining License when it arrived after a 7/8 year delay. That in itself is just crazy. Never mind the rest of KDRs assets in Finland and Northern Ireland. Mark my word, when a deal comes the penny will drop here!

I agree, they have a skilled team. Lahtojoki has eventually been unlocked. After all the years of delay, the mining permit is in place. It will be very interesting to see who comes on board here in Finland. KDR have a very attractive project with huge potential upside now. With the right deal, KDR may quickly transform from a tiddler to a giant. I believe in the management and think they will deliver a transformation here.

When you step back and look at how KDR have created there portfolio of assets it is very clear thet they have brought their exploration projects to a certain point. All were proved up and waiting for the coming production hub at Lahtojoki if you follow. Seitepera is ready for bulk sampling (apparently very large, very diamond rich, large stones), Riihivaara was left where Rio Tinto classified it as high category rating and highly likely to be diamoniferous, A5 could be the green diamond motherload. All of these can be now processed using a production hub at Lahtojoki. In researching this company, its necessary to see the bigger picture. It makes a lot of sense as to why they targeted the Lahtokiki mining permit. Its now unlocked everything, and assets are lined up for the potential partner. KDR have done all the smart work here. They are the front runner for diamonds in Europe, with the best diamond projects in Europe, they have the best diamond land in Finland. They have targeted this position quietly amassed all this on a shoe string budget (yes with the help of Rio Tinto) for over 20 years. To have the foresight to play the long game here is extraordinary and KDR now find themselves with a material project and very attractive upside potential.

Some points I picked up on from the previous Stockbox interview:

- Planning was ongoing for works to firm up the percentage of coloured stones at Lahtojoki. This will involve testing existing bulk samples and taking new bulk samples. KDR believe previous sampling was not up to scratch and now current technology will be a lot better.

-The mine at Lahtojoki will likely cost £40/50m, and while it may not attract a super major diamond company, it is a material project, and attractive to many. KDR are engaging and having warm conversations with potential partners. Gem quality diamonds will be brought all the way through and provide a strong revenue stream, based on providence, just as much as the diamonds quality and clarity.

- The most important point they wanted to stress, was that whilst Lahtojoki is relatively small in the scheme of things, there is huge exploration upside with Kuhmo/Seitapera etc. KDR can use a production hubat Lahtojoki to effectively process any success they have elsewhere. KDR have projects they can feed into this. This gives the upside that is attracting people. That in addidion to the steady cash flow project.

Hoops, If this was in Africa it wouldn't be a £1.2 m market cap company. When the market realises that Lahtojoki is the opening up of Finland as the new Fancy diamond region, then the market cap will adjust accordingly. Your enthusiasm is great for KDR, and when you research the company, the facts back you up. I have researched the company in some depth and have concluded that it is the best junior diamond investment opportunity about. This is a tiddler of a company, with a market cap of £1.2m, about to show the world a new diamond province and about to have the first diamond mine in Europe. Argyle is gone remember, Daivik is due to close soon. KDR are all about the Fancy diamonds, Blues, Pinks, Greens, Yellow, Browns. Lahtojoki strategic partner will get this show on the road. IMO and DYOR as always

Am I correct in saying finalisation of the compensation is in Autumn? I suspect we will see a strategic partner soon. Are we going to get a mobile plant on site to process the existing and future bulk samples, or is the construction of a facility on the cards? Either way has to be coming as clock is ticking. Exciting times ahead. GLA

Managements last two Stockbox interviews were excellent and explained the bigger picture. Any news of a deal here and this will go.

There is no reason this shouldn't be multiples of the current share price. They have a mining permit, and Lahtojoki will also be used to process Kuhmo, Riihivaara, Seitapera, etc. There is a reason why Lahtojoki is so important. It will house the facility to enable KDR to unlock the rest. Must be someone in the wings here. Exited to see what emerges now.

Might we hear news on Prim situation this week. It makes sense to me that they will have to buy the shares back. For the sake of AIM's survival, that has to be the outcome. Could get interesting soon, hopefully.

AI tells us the following:

Selling lock-up shares in violation of AIM Rule 7 can lead to serious consequences for the seller, the company, and the overall market. Specifically, selling before the agreed-upon lock-up period expires can result in suspension or cancellation of the company's AIM securities, fines, censure, or even publication of the infraction. Additionally, it can damage the company's reputation and potentially lead to legal action.

I suspect Prim are in big trouble for this. What a stupid thing to do! There is no way they can't be, otherwise others would do the same.

PR1 could get interesting now.