what a load of rubbish - you joined HC a few months back to post...

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zmickyzee1

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11/06/25

10:23

Post #: 79388263
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Originally posted by Nepton1983: ↑

This non-binding term-sheet is not a good outcome. KP2 has been negotiating with Summit for a term-sheet for ages. Now out of nowhere they sign a non-binding term-sheet with subsidiary of Record a UK listed fx hedging firm with a £100m market cap. Record has no history of doing any large size debt & royalty funding deals in the mineral space.
I think the Summit deal failed and the KP2 management was desperate to come up with anything. What they came up with is not even worth the paper its written on.

The language in this RNS is so thin it’s a joke “indicated its intention” which basically means that OWI-RAMS has committed to nothing.

“Pursuant to the non-binding Term Sheets, OWI-RAMS has indicated its intention to arrange and then provide a funding package for the Kola Project, amounting to approximately US$2.2 billion, through a blend of senior secured project finance and royalty financing.”

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what a load of rubbish - you joined HC a few months back to post negative crap..cannot believe still trading these levels,
Trading AUD 0.0736 on JSE.
Pity i didnt get the opportunity to wipe some muppets sell orders this morning at 0.052...obviously forgot to remove.
Looking forward to more details being released..still believe we will be trading 0.10 before end of year

KP2 Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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Last 4.7¢		Change -0.005(9.62%)		Mkt cap ! $33.99M

Open	High	Low	Value	Volume
4.6¢	4.7¢	4.5¢	$38.86K	861.2K

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No.	Vol.	Price($)
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1	72000	0.044
2	178083	0.041
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1	500000	0.035

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what a load of rubbish - you joined HC a few months back to post...

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what a load of rubbish - you joined HC a few months back to post...

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