Boom !, page-62

You may be right about this price movement being about Algos but having read the material you referenced in relation to the forfeiture claims and having scanned through the Mining Act 1978 I'd like to be more confident than I currently am, that share price movement is not reflecting some real risk.

From my scan of the Mining Act it seems clear enough that any person can apply to have a tenement forfeit on the grounds that expenditure has not been sufficient and that the incentive for a person (or company) to do that is that they get first option to take up the tenement if it is forfeit.

I understand that Capri was owned money, was a secured (against assets) creditor - I understand that it was an administrator (presumably an independent) that made a deal with Capri to take over the asset. What I don't know understand (yet) is whether Capri's claim would or could be greater than the person who makes an application for forfeiture.

At present, and I am still learning, (this is where I agree with a point I think you made) it does seem like KDR have essentially transferred shares to Capri before the legal process has formally concluded - which seems like poor risk management on their part.