Member Info for Yogi1

We learned that 3 items referred back to Land Survey for review on 13 August. Heading for 4 months now for something we were told is very minor and would be sorted soon. Why is this taking so long? Shouldn’t be. Perhaps the company could explain the delay to it’s shareholders out of courtesy.

It will be very depressing if another AGM comes and goes and still no permit or parcel of diamonds.

It appears that KDR have an application in for an exploration permit now at Jappila.

The footprint has been amended. Whilst is still overlaps the majority of the initial area, it now also extends to the north west to incorporate more ground. They must have done some work here to inform the new footprint. I wonder what they found. Its not even mentioned on the website.

First Equity target price for the company back on 5 sept 2023 was 180 pence. I think 4.5p is a little shy of that. There is no doubt this share price in no way reflects the real asset value here.

I wonder is something significant about to happen for CGNR? Long overdue.

Totally agree allen30, if you go further back and throw in a consolidation then long term holders could be 99% down on there investment, which is a shocker performance. The longer this takes the more exposed to world events this becomes. One would think that in itself is reason enough to want to make this happen sooner rather than later.

Its taking an eternity to get this over the line. Feels like it shouldn't be.

Also forgot to say that whilst they say they are concentrating on bringing in a mine, realistically that is years away and planning itself will likely take 2 years, whenever application is submitted, irrespective of how front loaded that application can be. So the only way to get this share price north to an acceptable value is by bringing in the right backing financially and partnering with a large mining company. I believe this thankfully is on the way, but a little urgency on this front wouldn't go astray.

1. There needs to be a marked increase in the speed of strategic decision making.

2. Proper strategic investment should have been sorted long ago, given the extensive contact base, which includes S Fitz and his contacts too.

3. Only packaging up for a major now, feels very slow.

4. There needs to be a realisation that a strong performing share price attracts investment and interest.

5. Discounted placings are so damaging. Ok he indicates that they may stop now, but they didn't in the past when that was indicated.

I do believe that the company share price will rerate significantly and the correct corporate and financial invester's are now interested, I would just like to see a higher degree of urgency from the company to make that happen quicker as the pace in the past has been too slow. Its too long since Demir left for nothing to be in place for the company. This has allowed the share price drift further.

In the past year (since 20 Nov 2023) CGNR have delivered a 74% drop in shareholder value.

Since 13 December 2021, CGNR have delivered a 90% drop in shareholder value.

This is woeful performance and management need to address this instead of sticking their head in the sand

and constantly blaming the market. The new chairman talks of the vision of bringing in a mine, when he needs to be talking about creating shareholder value as the overall priority. CGNR cannot go into an AGM in December 2024 with a share price of 4.5 pence.

In the past 1 year, since (27 November 2023 to today) KDR has delivered a 47% drop in shareholder value.

Since 25 March 2021, KDR has delivered a 79% drop in shareholder value.

To be sitting at 1.35 pence in 2024 is woeful performance and management need to do something about it.

Blaming the market all the time does not cut it for me.

An update for shareholders would be appreciated. Would also like to see the website updated properly. They badly need the permit for lahtojoki before any agm at the very least.

This delay from land survey is crazy for something we are led to believe is so minor

It will be very disappointing if another agm comes and goes with no permit and the share price even worse. The agm date will probably get hidden at the back end of December again to avoid any attention.

I don’t doubt jv/ financial backer coming. Only thing that bothers me about what chairman said about not going to market to raise is that previous chairman said same in an interview and then did a bucket placing. I don’t see that happening again as I expect deep pockets are about to back this. News could come anytime out of the blue for that. Preferably before AGM.

The new chairman said the vision is to bring in a mine at clontibret. I would have preferred to hear him say that the vision is to create shareholder value. After many years of shareholder neglect, the creation of financial return for shareholders should be paramount. There should be a sense of urgency around shareholder value as it is its creation that will repair the company’s reputation. I can’t believe it’s almost 2025 and the share price is 4.5pence. What kind of signal does that send out? It’s an embarrassing market capital.

Nobody here knows what will happen next. Nobody knows about the next placing or when the deals will be concluded. The new CEO did suggest they cant be going to the market for funding. Didn't Eric Sprott invest $250m in Newfound Gold. Serious investment coming in my view, you can wait for a discounted placing that may never happen. At the moment I'm more comfortable to hold these shares. I would be peeved if I was out of this stock when serious news lands. Each to their own.

I fully expect the value of KDRs assets to be realized in 2025. I expect this to begin shortly after the mining permit is announced for Lahtojoki. Once permit received by the company then this gets interesting. Lahtojoki has been delayed 4/5 yrs …..First diamond mine in Europe is no small story.

The minor compensation issues could be sorted any day now, I expect. The permit will follow after. Then there will be a deal to develop/ bulk sampling….. the clock starts ticking when the permit issues. I also expect a partner for Fermanagh ( Northern Ireland) …..

I cannot understand how the finalisation of these last three compensation matters, referred back to the Land Survey for review, are taking so long. I know Finland can be slow, but this is crazy.

I don’t doubt the potential huge asset value they are sitting on, but at some stage they need to start waxing lyrical about them. The pace needs to speed up enormously here. The fact that the prof and others are no longer with us only serves to highlight this. I would like to think that there would be a push on both companies to bring shareholder returns now, given the passage of time.