Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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- Ann: DX Project Drilling Results and Progress Update
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kore potash plc
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Ann: DX Project Drilling Results and Progress Update, page-9
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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28/05/202112:32:30 Filled: 588235 of 588235 units Topped up...
KORE POTASH – DX PROJECT DRILLING RESULTS
AND PROGRESS UPDATE
May 27, 2021 | Posted by admin
By Dr. Michael Green
The morning saw Kore Potash update the market on the results of drilling at the Dougou Extension (DX)
Project. This is all good news, but the real focus of attention has now moved onto Kore’s much larger
Kola Potash Project. In early April 2021, investors learnt that the company had signed a non-binding
MOU to arrange the full financing required for the construction of Kola with Summit Africa Limited on
behalf of a consortium of investors and engineering firms.
So back to the latest announcement which shows that excellent progress has obviously been made at DX
where Phase 1 of the drilling programme for the Definitive Feasibility Study (DFS), involving the drilling of
7 diamond drill holes to a depth of 379 – 502m, has been completed. Already, assay results have been
received and samples have been sent for geotechnical testing.
The analysis of the drill hole logs, and assay results made for highly compelling reading for a number of
reasons. Firstly, it confirmed the locations of the targeted Hanging wall and Top potash seams. Secondly,
it provided improved confidence in the distribution of sylvinite within the Top Seams. Thirdly, it served to
show that the sylvinite/carnallite boundary within the Hanging Wall Seam is structurally controlled and the
sylvinite distribution is more complex than modelled in the Pre-Feasibility Study (PFS).
The team has learned a lot from the key technical studies and laboratory test work for Phase 1 of the DX
DFS that have been completed. This includes; dissolution testwork to provide improved data for
temperature brine-modelling; laboratory testing of rock mechanics properties to assist in determination of
cavern stability along with the possible extent of reservoir mining and expected subsidence over the
project life; a production well design to provide specifications for future capital cost estimating.; and
cavern blanket design parameters (to control cavern formation) to provide specifications for future capital
cost estimating.
Work completed in Phase 1 of the DX DFS has come within the planned budget and now there will be a
bit of a breather. Before continuing further with the DX DFS, the geological model will be updated to
incorporate the latest drilling results (expected to be completed before the end of 2021). In addition, new
modelling work will be undertaken to see if any more drill holes and seismic data will be needed to further
improve confidence in the distribution of Sylvinite and Carnallite within the DX Deposit.
At the time, Brad Sampson, CEO, was able to point out that: “The recent drilling campaign at our DX
project has improved our knowledge of the location of the sylvinite and carnallite potash mineralisation
which was the main objective for the drilling. This further data will be used to incorporate an updated
geological model as part of the DFS work we are undertaking for this shallow solution mining project. The
update of the DX geological model will happen in parallel with the ongoing capital optimisation and
financing activity for the development of the Kola project which is currently the Company’s main focus.”
For those not in the know, Kore Potash has a Tier 1 potash play in the Republic of the Congo (RoC)
which looks clearly set to become the lowest cost potash supplier to the giant Brazilian market. The
company has been developing the Sintoukola potash basin in the RoC since 2010. Kore has a district
scale development with 6 billion tonnes of potash, just 15km from the coast. So far, some US$230 million
has been spent here on its 97%-owned Kola and DX Potash Projects.
The flagship 2.2Mtpa Kola project came through the DFS with flying colours but needs US$2.1bn of
capex (since reconfigured to US$1.65bn with sub-US$1.6bn now being targeted), not easy for Kore to
raise for a greenfield project in such a jurisdiction. Just as the team began rapidly advancing the smaller
DX project, potential investors came knocking with the promise of a fully financing Kola.
There is no doubt that developing the large Kola project represents a very sizeable growth opportunity.
The non-binding MOU with Summit to arrange the total financing is based on the understanding that the
company will retain a 90% stake in Kola. The MoU sets out a roadmap to optimise, fully finance and
construct Kola via a mix of debt and royalty financing. Of course, waiting in the wings is the smaller DX
project which is also being progressed in parallel as it provides good backstop if anything should go
wrong with the negotiations at Kola.
It has to be said that if Kore gets 90% of that cash flow and even after deducting royalty finance costs
once in production, even on modest multipliers we believe Kore could deserve to have a market
capitalisation well in excess of US$2 billion. Successful close of this financing on the terms proposed will
allow Kore to retain 90% ownership of this world class asset without Kore shareholders having to inject
the equity up front to construct the project. Very neatly, what would have been equity from Kore
shareholders is now proposed to be replaced with royalty financing. All of this should set the scene for
potentially dramatic share price growth in our view.
To us it seems obvious that Kore’s projects are positioned to replace potash supply from the northern
hemisphere. Truth is that not only are the company’s production costs enviably low, but Kore is also
blessed with having the shortest shipping route to the giant Brazilian market and the fast-growing African
market. All the pieces are now almost in place to allow Kore to commence a dramatic growth trajectory.
This is all being played out against a background of rising potash demand as the world needs to grow
50% more food by 2050 to feed a growing population. It has to be highlighted here that arable land per
person is sharply declining and farmers are increasingly using more fertiliser to feed an anticipated
population of 9 billion people by 2050. Kore will produce MOP which is the cheapest and most important
source of potassium for agriculture, so there is no risk of substitution.
We recently updated our analysis on Kore Potash with a conservative price target of 11.2p and
a Conviction Buy stance when the stock was trading at 1.12p. Now with the share standing at 0.90p, we
believe there looks to be an even better buying opportunity.
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
---
Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
---
These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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Last
4.5¢ |
Change
0.001(2.27%) |
Mkt cap ! $29.41M |
Open | High | Low | Value | Volume |
4.6¢ | 4.7¢ | 4.5¢ | $149K | 3.271M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 173345 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 101000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 173345 | 0.045 |
1 | 315000 | 0.041 |
1 | 500000 | 0.035 |
1 | 500000 | 0.028 |
1 | 44888 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 101000 | 1 |
0.047 | 30000 | 1 |
0.050 | 100000 | 1 |
0.052 | 187500 | 1 |
0.054 | 20200 | 1 |
Last trade - 15.56pm 18/06/2025 (20 minute delay) ? |
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