Kodal Minerals Share Discussion Threads

[gunner71] 13/3/2017 09:16

dt fri rns was a game changer under pinned now with plenty of new flow !

[greatfull dead] 13/3/2017 09:07

For a short period over last weekend I read all posts made here. Many posts made were from those with agendas that I feel were pointless in the real world.

I am in full agreement with Cpap post #1581 and Edgein's post #1582.

ATB,
GD

[donald trumpton] 13/3/2017 09:03

But those are my words gunner..

Me too. What a gift eh!

[runthejoules] 13/3/2017 08:57

Pffft... should have known this would happen... nothing goes up 50% in a day & stays there.

[gunner71] 13/3/2017 08:57

I've just bagged some more me. Always keep a little powder dry I say.

[donald trumpton] 13/3/2017 08:29

We know we know!

[donald trumpton] 13/3/2017 08:27

Added.

..while I still can!

[cudmore] 13/3/2017 08:26

Here we go!!!

[cpap man] 13/3/2017 08:25

KOD bless you Edgein!

[edgein] 13/3/2017 08:06

Cpap,

Regardless of Trolls, bridges, Chinese etc, old Ed bought for some trenching assays and more RC drilling. That's where my focus is right now. It looks as if there are initial and surprising signs that we're being hunted, but that just shows the qualify of what's been shown to date by KOD. Next round of RC drilling and JORC around mid year should be what investors are focused on, imminent with rig on the way.

Regards,
Ed.

[cpap man] 13/3/2017 08:00

Whilst it is obviously good to have within reason a free and open BB to discuss KOD....TROLLS MUST NOT BE ENGAGED WITH BUT JUST FILTERED!!!!

That poster [opposite of black] is a well known troll not just on KOD but many other shares.

These trolls have their own agendas....

If a reply is warranted due to excessive lies and complet and utter b*ll*xs being posted then do so but DO NOT MENTION the TROLL in your post....just lay out the FACTS REAL FACTS!!!!

[cpap man] 13/3/2017 07:55

Kodal Minerals booms, but Zak Mir thinks there’s more to come....



Shares in Kodal Minerals PLC (LON:KOD) have added almost 50% today (Friday), but technical analyst Zak Mir is tipping the stock to rise even further and test last year’s highs.

“We’ve bounced off the former September resistance at 0.2p and have gapped through the 50-day moving average at 0.32p,” says Mir in the latest Proactive Investors Bulletin Board segment.

“If we close somewhere around here today as an end-of-week close, we’d be looking for the shares to retest the best levels of 2017 to date, above 0.5p.”

[janestone] 13/3/2017 07:52

Now that the tag team have finished, I get the impression that the insiders who shorted or sold after hearing about a placing are scrambling now.

[gunner71] 13/3/2017 07:46

worlds supply of lithium resides due to its dried out sea beds which are now salt lakes. Bolivia, Chile and Argentina has more lithium than all the other countries in the world put together and its literally on the surface of the salt lakes ????

Its all about price salt lake lithium has to go through more process for it to produce the end product,the open pit mine is a much cheaper way there are also differences in transport costs so there is more too it than you think !

[john2017] 13/3/2017 07:37

In my opinion this is an attempt to takeover KOD on the cheap!

[equity growth] 13/3/2017 07:27

Conspiracy theories abound."-- Agreement is with Suay Chin International Pte Ltd ("Suay Chin"), a Singapore registered company formed to take advantage of its extensive connections to supply the Chinese lithium market with a range of clients from acid producers to lithium carbonate producers and to the final lithium-ion battery manufacturer."So they aren't just involved with Shandong.

[pwhite73] 12/3/2017 23:57

mhin2

Birimian were further down the road than KOD, The grades are the same everywhere. Shandong simply does not have the money and both companies are too early stage to take the risks.

There are other important factors. South America is where virtually of the worlds supply of lithium resides due to its dried out sea beds which are now salt lakes. Bolivia, Chile and Argentina has more lithium than all the other countries in the world put together and its literally on the surface of the salt lakes. They can supply all the lithium the world needs for many many years to come.

I do not believe lithium will ever be produced from politically unstable Mali on a commercial scale. Its all AIM private investor fodder. Where PIs push this share price to has nothing to do with the reality of the situation.

This really is goodnight from me and goodnight from him.

[mhin2] 12/3/2017 23:42

shujja, lets hope there is a bidding war...but if chin get 100% in offtake then the agreed price will determine the value of KOD...but I dont know enough, and its all supposition...lets see what happens tomorrow...insiders will have a better idea, and that will be known in a few days because we will only have an idea of where the share price is going after profit takers and loss minimisers have left

[shujja1] 12/3/2017 23:37

If offer made for us 87 million pounds would be 3 p

[mhin2] 12/3/2017 23:26

Pwhite, I appreciate your posts, but I can understand `due dilligence' before a potential commitment to a major stake...kod is still early stage, and I think they have indicated good grades...were not some above 3%? and most were equal to or above birimian...although I could not assess depth and width comparisons...anyway you think birimian offer was a ruse, I think it was it was withdrawn because of what Kod could offer, and they certainly seem to be selling themselves cheaply. I found Birimians response to the non-delivery of funds curt, and they seemed too happy to close any possibility of extensions etc. -that indicated, to me, that Birimian were not displeased.

[pwhite73] 12/3/2017 23:25

mhin2 - "due diligence, if successful,"

They've supposedly put up £500k without any due diligence but the £4.3 million requires due diligence. Have you ever read such rubbish in your life.

As I posted earlier the £500k has already been covered by you guys. Your spending in the coming weeks will determine if the due diligence is successful or fails.

Goodnight and don't anyone have nightmares because of my posts today.

[mhin2] 12/3/2017 23:15

shujja, this is what the rns says

...Following the due diligence period and if successful, the Agreement contemplates Suay Chin completing a second share placing within a further 15 days (or 30 days with Kodal's consent) to increase its shareholding in Kodal to 20% at a price of £0.0038 per share (expected to result in a further cash investment of approximately £4.3 million) (the "Second Placing")...

key words
due diligence, if successful, contemplates, 20% at a price of £0.0038 (seems a bargain if all comes good). clearly mr ayling does not have as much faith as we do to sign up to such an undertaking...or am I wrong?...what about the joint ventures in gold...do they not have value?

Anyway, with your confidence I hope you are going all in tomorrow morning, and I wish you the best of luck.

[shujja1] 12/3/2017 23:09

Nice to see you Ny boy no the reson they taking 20% shares would be to block any other co coming to take over I think it's a smart move

[mhin2] 12/3/2017 22:58

I dont want to upset people, but a frank and open exchange of views on KOD would serve us all...that way we can make judgements about risks and rewards in what is already a market that has asymmetric information that works to the detriment of pi's