focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Looks like Conroy has found another mineral term to try to hook in newbies before fleecing them with a placing. How many times has he posted rubbish like this going through every colour of the rainbow in garnets with a tiny pink diamond mention thrown in for good effect. There have already been 10 years of outstanding with nothing of value found. Conroy just wants the wild goose chase to continue to line his pockets.
A lot of the money has disappeared into the pockets of Conroy, his daughter, his Crony Maureen Jones etc. Milking the placings for all they’re worth (which PI’s pay for in the end). He did invest in some capital equipment though to be fair. A bucket, spade and deckchair
I really hope you all make a good profit here. I was on the losing end of GGP for an awful lot so I know what it’s like. On a positive note the current share price is probably at rock bottom so you won’t likely get a better price. It’s Conroy and his cronies I’ve got issue with as he’s making monkeys out of PI’s
Can’t believe you’re actually defending the management team Hoops given you were one of the ones baying for their blood. I know you must be feeling pretty sore having put many tens of thousands in here and waited years only to see the value of your investment tank. KDR is a garnet rinse and repeat lifestyle company. You might get your money back but I’d be surprised. First you have to find a decent diamond (so far they’ve found one or two tiddlers with the Prof wheeling out the latest colour of garnet on the latest RNS - think he gets the colours off a Dulux chart). Then the mine hast to be viable. So two massive hurdles and KDR have been in business for at least a decade and still on the starting blocks. I think finding diamonds is a nice to have for Conroy. Lining his pockets and those of his friends Through placing a is the main objective. The expose by Tim Winnifrith where he exposed him at an annual meeting before being thrown out was spot on. I don’t have any shares in KDR. Just writing to warn newbies about being sucked in by Conroe’s bs
I wouldn’t trust anything to do with India
Fonda. You’ll soon learn that anything put out by Conroy is to suck you into a placing to pay for his salary and that of his cronies. Nothing but garnets here. Take a look at BRD. Only £7M MCap and 3 big diamonds in August so far and direct more and bigger/better quality as they mine deeper. One diamond could easily exceed the MCap.
The problem with the sizes of the contract wins is that they barely pay the salary of a good senior developer or two. It's contracts 10X the size of what they're bringing in that's required to shift the share price. Market isn't interested in peanuts
Conroy keeps buying parcels of land but nothing ever comes of them. Just garnets and promises of jam tomorrow while he lines his pockets. Amazing the business is still in business as it’s produced nothing of note in over a decade.
There are a lot of open shorts here