Hague Ldn Share Discussion Threads

[boom boom bang bang] 04/4/2017 10:53

Chinese already paid 40% premium on first placement 0.315p


2nd placement at 40% today price is coming in the next 4 days. Agreed price is 0.38p.


Chinese will buy 20% of shs capital at 0.38p


Meaning we will spike pass 0.60p or more.






Kodal Minerals PLC Placement and Off-Take Agreement

10/03/2017 7:00am
UK Regulatory (RNS & others)

Kodal Minerals (LSE:KOD)
Historical Stock Chart
1 Month : From Mar 2017 to Apr 2017

Click Here for more Kodal Minerals Charts.
TIDMKOD

RNS Number : 0850Z

Kodal Minerals PLC

10 March 2017

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

10 March 2017

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

Completion of GBP500,000 Placing, Proposed Off-Take Agreement & Proposed GBP4.3 million Strategic Investment

Kodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to advise that is has completed a GBP500,000 share placing (the "Placing") and entered into an agreement to commence negotiations for an off-take agreement for the future spodumene concentrate produced from its Bougouni Lithium Project, in Southern Mali (the "Project") as well as a potential further investment into the Company of up to GBP4.3 million (the "Agreement").

Highlights

-- 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.

-- Suay Chin has strong support from Shandong Mingrui Chemical Co Ltd, which is a long-term supplier to existing lithium carbonate producers in Shandong Province.

-- GBP500,000 placing completed with Suay Chin at an issue price of GBP0.003 per share for the issue of 166,666,667 new ordinary shares of 0.03125 pence each in the Company (the "Placing Shares") - representing a 30% premium to the closing share price on the date prior to this announcement.

-- The Company and Suay Chin have agreed to commence negotiations immediately for an off-take agreement over 20% of the spodumene concentrate to be produced from the Project, with potential for this to increase to 100% at a later date.

-- The Agreement allows Suay Chin a period of 30 days to undertake due diligence on the Company and the Project, including conducting site visits, preliminary metallurgical testing and confirmation of geology.

-- 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 GBP0.0038 per share (expected to result in a further cash investment of approximately GBP4.3 million) (the "Second Placing"). The price of the proposed Second Placing represents a 65% premium to the closing share price on the date prior to this announcement .

[tradingmyplan] 04/4/2017 10:44

cant be far away now

[412069] 04/4/2017 10:41

News to come here now soon IMHO.

[hjfe] 04/4/2017 10:06

Just keeps rising!

[nosnibord] 22/3/2017 09:54

Wait for the big move and then observe the nutters that arrive. This is nothing.

[tradingmyplan] 22/3/2017 09:52

Picked up a few more yesterday - sadly not enough to break 30p though!

I do think we can't be too far away from an update now.

[412069] 22/3/2017 06:55

Sites been taken over by crazy nutters that think there buying the odd shares going to take us to 30p

[yourwrong] 21/3/2017 22:17

Gaia is a big queen, not a king yet

[gloom_boom and doom] 21/3/2017 22:16

Gloom is over


now it's booom time to 30p

then doom

[divmad] 21/3/2017 22:10

Are you lot on drugs?

[arab3] 21/3/2017 21:33

mihunghai

????

[yourwrong] 21/3/2017 20:25

Whoops the master rat has spoken and he can't keep under control the rebellion of the mice..... Smell the cheese you scruffy dirty pest.

[damien darhk] 21/3/2017 18:52

RAT ain’t an ugly RAT no more but a hungry venomous Snake. Been stealing Bellinis all over the spectrum, shameless!!

Some says the RAT has incarnated in 500 lifeforms, but bet to differ; I say more like 10000 lifeforms.


Rapid fire coming? Who will fire the first volley of salvos?

Mr Keya and 412069 are about to experience a true live lesson.

P&D and D&P??? Yes both please, hope it’s not noncey26 style m-m seven on one though, not my thing. LOL

[yourwrong] 21/3/2017 17:59

Ant is Dec your pet rat

[diva109] 21/3/2017 17:55

Rats always move in team, P&D or D&P on the way

[bufala] 21/3/2017 17:24

What if it gets to 25 or 30

By the way the rat still around, as u r back.

[bullet ant] 21/3/2017 16:29

Hello people.

Remember my target is 15p and if it hits 20p, I can't be held responsible.


Cheers

Ant

[412069] 17/3/2017 11:22

Looking like a buyer about with those 2 x 100000 buys in two days so far.

[nosnibord] 17/3/2017 10:46

If you want some more background reading on Dutch offshore gas / F5, see EBN's research on it and the presentation on HALO's website from last November. It's a compelling asset if they can secure it.

hxxps://www.ebn.nl/wp-content/uploads/2014/11/ebn_focus_on_dutch_oil_gas_2014.pdf
hxxps://www.ebn.nl/wp-content/uploads/2016/12/Poster9_EBN_EAGE2015_Chalk.pdf
hxxp://nlog.nl/cmis/browser?id=workspace%3A//SpacesStore/6ea93ae1-89ab-466e-8a17-6d4b5157c9f0

hxxp://haloil.co.uk/wp-content/uploads/2016/12/HALO-PGK-Shallow-Gas-November-2016.pdf

[diva109] 17/3/2017 10:39

hxxp://nlog.nl/en/oil-and-gas-licences

[412069] 17/3/2017 08:58

Charts slowly looking like the beginning of a stairway to heaven.

[yourwrong] 17/3/2017 08:24

Well as long as you fly, it's good to be a donkey sometimes

[nosnibord] 16/3/2017 21:14

There seem to be a few of you around yourwrong. Amiright?

[yourwrong] 16/3/2017 20:49

After the previous comment,
more likely to see donkeys flying.