GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
Anyone know if the Land Survey of Finland have had the nod from the courts to grant legal force to Lahtojoki yet? to allow the mining permit to issue. Its a very slow. Company must be very frustrated waiting on it.
That previous broker target of 35p excluded all other KDR assets. I suspect you could stick another 0 on that 35p for Riihivaara alone, before you even get to A5 and it’s accompanying 38 Kimberlite targets….. not to mention Seitapera, Lahtojoki South, Salla, Liperi, Havukashua, Northern Ireland …….KDR is less than 3p……Does that look like a fair market? …. The share price should not be this low.
Some years ago we heard that Rio would likely spent between $200-400m to develop Riihivaara…. If we make the type of discovery we expect to make there. Now we are on the cusp of an a
Argyle replacement at A5, going by the soundings. Central processing plant will serve all here. It makes sense. Prof said 20 yrs searching for a world class economic diamond deposit but we have found it now. What more does he need to say for the market to notice. It’s unbelievable
I also wouldn't underestimate the role played by the GTK in this too. The GTK some years ago appeared to remove (over night) a lot of their references to diamonds from their website, almost removing any link between them and diamond exploration. Very odd given they have been heavily involved it diamond exploration in finland for years. Almost as if it never happened. Why. The GTK did all KDRs exploration for years and likely still do. There is a relationship, involving the GTK (Finland Govt involvement). I suggest a threesome at play . This consists of KDR/Rio Tinto/GTK. With Rio trying to portray a new improved image, it makes sense that they would help GTK too, as they seek to establish themselves a a major player in Finland. GTK = Geological Survey of Finland. GTK have worked for KDR for 20 yrs. Don't underestimate the significance of this relationship. There is a big picture to emerge.
Get this:
Rio Tinto / KDR agreement lapsed after 10 yrs on 1st July 2020
Guess what date Rio Tinto Exploration Finland Oy (with its 3/4 Diamond background directors) was registered?
You guessed it ...1st July 2020. (formed 19 May 2020......but registered on 1st July 2020).
I suspect well in excess of £2m stevehoops. This is a serious programme testing all 38 kimberlites for diamonds. These kimberlite targets are all beside each other too. And we know they have diamonds. Rio will take this fairly smartly once results become evident. Its obvious. Why else would the Rio Tinto exploration Finland company formed not so long ago have installed 3 diamond experts out of the 4 directors. Hardly anyone picked up on that either.
Yes stevehoops, It appears Rio Tinto are in investing smartly. If results from programme of works are as expected I expect Rio to secure this. KDR have hinted in interview that this is akin to lomonosov or better (closer to surface). Rio will not want anyone else sniffing around KDR or Kuhmo. This may be a big money acquisition for Rio Tinto.
Looks like most bedrock close to surface. Remember green diamond was found at surface. This all sounds to me like they know they are on the motherload and a major knows this too, hence the scale of the programme of works
This is a massive programme of works for KDR. To Excavate/Drill approx 40 targets. No way KDR can be paying for all that.
Who is paying????
Has to be Rio Tinto for this scale of programme.
It would be nice if KDR could reveal this to the market. Maybe they will.
Make sure you listen to this audio clip from 2016
I know this was posted here before at some stage, but i would advise listening from 27:00 to 30:15 on the audio clip.
Then ask yourself afterwards, why does PJ never mention KDR . Silenced?
https://audioboom.com/posts/4601909-paul-johnson-ceo-metal-tiger-plc-23-05-2016