Member Info for Yogi1

Re-logging is done as part of due diligence to confirm historical drilling results, and the distribution and nature of gold mineralization within the gold deposits.

In talks with a number of parties. Marion from Barrick obviously came on board to initiate due diligence. Exciting stuff, if only the market could see what is right in front of them.

Yes Seamus Fitz is a top man and would be my choice. That said, he would be a very busy man, given the scale and success of Capvest, it’s hard to see if he would have the time. He certainly knows how to put a deal together. I think the company has reached a transformational stage and I think management will do the professor proud. I certainly wish them every success in what has been a difficult time for them.

Market Cap around £2m. Could be 10 times that in a heartbeat. I don’t subscribe to the negativity here. Everything is about timing.

I honestly don’t know if spinning the company’s back in together would be more beneficial for shareholders or not. The professor was an exceptional irish man and the history books will remember him as such. I have no doubt his vision will be realized as he had surrounded himself with good talented people who share his vision and focus. He will be sadly missed, but his memory will live on through his past, present and future achievements.

Nice words and warm tribute to the prof. today on the sunday roast podcast. Last 5 minutes or so.

https://audioboom.com/posts/8592152-sunday-roast-featuring-charles-archer-long-term-ftse-aim-investor-and-freelance-financial-analys

I agree with you Hoops and every chance pink diamonds/blue diamonds i suspect.

Agree Mr10bagger. Market doesn't realise the importance of the mining permit, and all that will flow after. This is great for us, as we do.

Lahtojoki South exploration permit:

The planned schedule may change based on the research results. If promising kimberlite targets are identified in the early stages of the research, drilling or research trenching will be started with an accelerated schedule.

Its a lot easier in Finland to increase the size of an existing mining permit area, once you have the initial mining permit area approved. Remember some of the original boulders from lahtojoki had 1% diamond content. Highest grade recorded in the world at the time (90,000 c/t). In my view its game on when the mining permit is received. Hopefully there was no further appeal. Maybe we will find out soon.

Don't underestimate the importance of the Permits approved for South Lahtojoki, read this: Kimberlite boulders have been found in the permit area. These boulders are semi-surface kimberlites crystallized from subvolcanic intrusive rocks. The Lahtojoki deposit, on the other hand, consists of tuffitic kimberlites, so the boulders in the Lahtojoki South license area cannot originate from the Lahtojoki deposit.

The company has taken bed moraine samples from twenty-five research mounds in the license area. About 60 kg of sample was collected from each. The purpose was to find more kimberlite boulders and to deduce the direction of the glacier. During this mounting program, the furrows of the glacier were also studied from rock outcrops in the permit area. This program showed an alternative glacier flow direction found in the area compared to the main regional glacier flow direction, which makes it easier to locate the source of the boulders.The company has also studied the kimberlites of the area in more detail by producing and studying thin sulfur. Thin-hole studies showed that the kimberlite boulders contain several violet-red peridotite garnets (G9/G10 Cr-Pyrope) and orange eclogitic garnets, as well as several larger ilmenite grains. In addition, GTK analyzed four fine sands with Electron Probe Micro Analyzer (“EMPA”) and Scanning Electron Microscope (“SEM”) methods. These analyzes showed that the kimberlites are similar to other diamondbearing kimberlites in the Kuopio-Kaavi region. The analyzes also showed that the ilmenite composition of the samples is

similar to the Lahtojoki deposit, but they may contain even more diamonds.

They are probably applications to renew the exploration permits

All happening now. There is two further permits approved this morning for KDR. Liperi and Salla

Time they updated the market here. When are they going to drop a majors name in the mix?….. very slow

We could do with a market update of an approach by a major proposing a joint venture partnership. Would be nice to see a letter of intent signed with the likes of Barrick. There has been nothing since May.

It’s worth reminding shareholders that way back in 2005/2006 when the price of gold was $500-600, Conroy Golds Finnish license was independently valued at £1m. This was before they had done further works. Now that it’s 2024 ,and the Gold price is approaching $2600, I wonder what this would be independently valued at now? It’s apparently drill ready, but who for?

The company needs to update shareholders. There has been silence for a long time.

It was the Russian. He said “The rabbit with 2 legs will jump the fence”

Yes may be Euros, it didnt specify.

Publicly available information if you know where to look.

I think the company have to presume that someone like this is going to be problematic from the start. Once someone says they want £10m at the start, you have to leave in the hands of the authorities, especially given that the figure should probably be £8-10g (My guess, I dont know). This landowner is in his 90s now I believe so who knows his mentality now. You are correct, we don't know, it could be appealed further, but I very much doubt it. Even if it is I think it would be shot down fairly quickly now.

Somehow I don't see his loss of income from planting trees coming to £10 million, do you?

There is no pathetic haggling going on. Do proper research please. Thats why I drop in here from time to time. Its in the hope that I might pick up on something I have missed. I'm frustrated like all shareholders, but KDR have an excellent team, who know what they are doing. Let it play out and you will see.