Kodal Minerals Share Discussion Threads

[113mike] 13/5/2016 10:03

ooops! spoke too soon..going down now!

[113mike] 13/5/2016 10:02

Hey.. whats going on ? Why is this going up?

[bentley43] 13/5/2016 10:00

Not going to say I told you so

[falia] 13/5/2016 09:35

WENT TO 3P WHEN LISTED

[cpap man] 13/5/2016 08:50

Well it is Friday!

[bentley43] 12/5/2016 13:03

Tomorrow is a transformational day for Kodal new everything

[falia] 10/5/2016 09:20

10K IN MONEY BUY

[cpap man] 06/5/2016 17:40

Yup you were spot on deltalo!

[deltalo] 06/5/2016 14:15

A bit of buying pressure In the last few days. One moe buy will see this noch up. Small mkcap of 360k its will move.

[empirestate] 02/5/2016 14:36

can someone just advise regarding the number of shares being issued and price:
is it
GBP 680,000 divided by 1,025,000,000= 0.66p
or
GBP 410,000 divided by 1,025,000,000= 0.4p

Question: is says that they are raising GBP680,000 before expenses although they say the acquisition is being made by issuance of 1,025,000,0000 in favour of the seller. It's not clear to me but i may be missing the point.

Clarification appreciated

[jacobengel] 29/4/2016 12:14

Any buying pressure at these levels will see this fly. Look at previous rallies - seriously shifts.

[cpap man] 29/4/2016 09:10

KTF colin12345678

[deltalo] 29/4/2016 08:56

I bought in as this is a steal. More news to come

[colin12345678] 29/4/2016 08:38

hope this just a few disgruntled people who want out I thought this would do well today?

[oilbuy] 29/4/2016 08:21

Market makers happy to take large sells.100% today would be very pleasant indeed.

[cpap man] 29/4/2016 08:05

Early in the day but i wonder if VAL & especially KOD could go up by more than 100%?

[oilbuy] 29/4/2016 08:03

Yep. More upside that risk.

[ileeman] 29/4/2016 08:01

Cap is small on KOD

where is the risk....

[cpap man] 29/4/2016 08:00

Kodal CEO Luke Bryan said, "We are excited to be acquiring IG Bermuda from Taruga and welcoming Bernard Aylward as our new CEO, which will enable us to capitalise on the strong exploration upside that we believe is available across its portfolio. IG Bermuda's projects are located in proven gold regions of West Africa underpinning their potential and we are pleased with the work undertaken during the period, which should deliver results in the coming months. We intend to continue with the strategy of ground acquisition and early low cost exploration to highlight the potential value of exploration projects followed by further detailed exploration alongside joint venture partners. We look forward to meeting with shareholders on 13 May 2016 where we hope we will finalise the steps necessary to complete our acquisition."

[cpap man] 29/4/2016 07:45

Yup oilbuy as KOD are as cheap as chips!

[oilbuy] 29/4/2016 07:41

Might see a bit of action today with that RNS

[cpap man] 29/4/2016 07:30

Kodal Minerals Plc ('Kodal' or 'the Company')

Notes Taruga Quarterly Activities Report



Kodal, the mineral development and exploration company, notes the Quarterly Activities Report for the period ended 31 March 2016 published today by ASX listed Taruga Gold Limited ('Taruga'), with whom Kodal has signed a conditional agreement to acquire 100% of Taruga's subsidiary International Goldfields (Bermuda) Limited ('IG Bermuda') ('the Acquisition') as announced on 7 April 2016. The Acquisition is conditional, inter alia, on the approval of Kodal shareholders at a General Meeting to be held on Friday 13 May 2016 of resolutions to enable Kodal to issue new ordinary shares to Taruga as consideration for the Acquisition. On completion of the Acquisition of IG Bermuda, Kodal will gain significant exposure to a prospective portfolio of gold exploration projects, which boasts attractive geology and existing joint venture and farm-in agreements in Cote d'Ivoire and Mali, West Africa.



During the quarter to 31 March 2016, IG Bermuda and its joint venture partners conducted the following activities across its licence portfolio in Cote d'Ivoire:



· Joint Venture agreement with Resolute Mining Limited ('Resolute') over the Tiebissou and Nielle concessions and the M'Bahaiko concession application: Resolute completed wide-spaced reconnaissance aircore drilling at Tiebissou, and stream sediment, soil and rock chip sampling at Nielle during the quarter with results forthcoming. The granting of the M'Bahaikro concession is progressing through the Cote d'Ivoire ministry.

· Farm-in agreement with Newcrest Mining Ltd ('Newcrest') over the Dabakala concession: Newcrest has commenced an auger drilling geochemical sampling programme to target the gold anomalous structures. Sampling is expected to be completed in the quarter ending June 2016 with interpretation and review of results to be completed prior to infill and further exploration.



In Mali, Taruga geologists completed field visits to the Nangalasso and SLAM projects during the quarter to undertake field review of areas proposed for exploration in the June quarter, and review activities of artisanal mining in the regions.



Kodal CEO Luke Bryan said, "We are excited to be acquiring IG Bermuda from Taruga and welcoming Bernard Aylward as our new CEO, which will enable us to capitalise on the strong exploration upside that we believe is available across its portfolio. IG Bermuda's projects are located in proven gold regions of West Africa underpinning their potential and we are pleased with the work undertaken during the period, which should deliver results in the coming months. We intend to continue with the strategy of ground acquisition and early low cost exploration to highlight the potential value of exploration projects followed by further detailed exploration alongside joint venture partners. We look forward to meeting with shareholders on 13 May 2016 where we hope we will finalise the steps necessary to complete our acquisition."

[markten33] 26/4/2016 18:15

I think a recommendation for my next 10 bagger is BODIt is now up over 130 per cent over the past month