Share Name Share Symbol Market Type Share ISIN Share Description
Kodal Minerals LSE:KOD London Ordinary Share GB00BH3X7Y70 ORD 0.03125P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.02p +11.11% 0.20p 0.19p 0.21p 0.205p 0.18p 0.18p 33,918,125 15:42:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.5 -0.1 - 12.87

Kodal Minerals Share Discussion Threads

Showing 5701 to 5719 of 5725 messages
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DateSubjectAuthorDiscuss
15/12/2017
18:54
Seems as if there has been insider dealing for months upon months, the CEO did not inform the market, the FCA cant be bothered...no wonder companies want to be in one of the most corrupt deregulated corporate nirvanas in the world....the UK...doesn't it make you proud to be British? Oh, lets not forget that the issue is one of gross negligence or gross corruption....which one, and will anybody be held accountable?
mhin2
15/12/2017
15:51
Poss some drilling results next week . Interim expected soon .
fund55
14/12/2017
11:06
New concession maps will be on website shortly. New 2 X 100 sq km territory is wholly within the previous 250 sq km territory. 50 sq km relinquished is to the eastern boundary and of low prospectivity.
thelung
13/12/2017
17:51
Probably find the Gov. will keep it for the locals.
bsg
13/12/2017
16:19
The above article is on Proactive Investors site - Sp Angel today's market view...... [...]
backinblack80
13/12/2017
15:40
Very bad news for 12bn, his average here is 0.38, that equates to like over 50% loss and that too after been taken for a rough ride on XTR. He took a 80% loss on XTR, maybe this is something that is not suitable for 12bn.
thehitman1
13/12/2017
14:31
Cpapman, have you got a link to this? Cheers.
cyrilsneer1
13/12/2017
12:55
Kodal Minerals* (KOD LN) 0.19p, Mkt Cap £12.1m – Kodal secures 90% of Bougouni mineral licenses in Mali Kodal Minerals has accelerated payments to secure 90% of its Bougouni mineral licenses in Mali. The company has rights to explore and to develop minerals within the 250sqm Kolassokoro licence area which included Bougouni. Kodal has also reached agreement with a further company covering 100sqkm of high-priority ground within the Kolassokoro licence area where by Kodal will hold 90% and the Triumvirat Mining Company SARL, a local company will hold 10% of the assets. Triumvirat has the right to be free carried through to feasibility study after which it will have to pay its share of costs. Kodal is also paying Triumvirat a fee of around £53,000. It is interesting to note that Triumvirat, a local Malian company, had managed to stake some ground overlapping Kodal’s mineral licenses in Mali due to an oversight by the registered license holder, EMAS Mining SA, in Mali. The ‘Malian National directorate of Geology and Mines’ (DNGM) has worked to resolve the matter so that Kodal has maintained its 90% holding in the ground. We also note, legislation in Mali requires the government to hold a 10% free carry on all mines in the region. Conclusion: Kodal’s listed status has helped the company to resolve this license issue without any meaningful impediment to its holding. More positively the effective issuance of new licenses on the ground gives the exploration license a longer life span than the older licenses with Triumvirat replacing the 10% stake formerly held by EMAS Mining SA. *SP Angel act as Financial Advisor and broker to Kodal Minerals. A partner at share price Angel acts as Chairman to the company.
cpap man
13/12/2017
12:01
Can the Chinese please just buy the rest of this for 0.38p now and put us out of our misery?
runthejoules
13/12/2017
11:36
...a partner company, not the ministry of mines...
mhin2
13/12/2017
10:54
mhin I think what goes on within the filing system at the Ministry of Mines in Mali is a bit beyond the responsability of someone in Kodal.
hyper al
13/12/2017
08:28
banksy Not corruption, I've seen this happen in Wesern Australia. A famous long established gold miner overlooked their mining licence renewal (think its every 21 years). While it had lapsed someone pegged the ground and claimed the mineral rights. Went to court, and without extracting any Gold the guy who pegged the ground made millions in compenesation. I will see if I can find the newspaper article. It's a good story and a reminder to keep on top of that paperwork.
hyper al
13/12/2017
08:26
Banksy - WRONG KOD had 90% of 250sqm and expect to have 90% of 200sqm. The 50sqm which they may relinquish is non - core. It's the 10% THAT WILL HAVE CHANGED HANDS not KOD'S 90% interest. I increased my June 18 spread position at 0.16
thelung
13/12/2017
08:20
No tried to buy at lows but couldn't. So effectively until further notice we have given 10% of the company away on an admin error. Wow nice work if you can get it ... stinks of corruption
banksy
13/12/2017
08:10
Whoah! That should have hit a few stop losses. Did anyone actually manage to buy any more at -50%?
runthejoules
13/12/2017
07:55
Edgein Agree. Shows that you can never do too much due diligence when working in nations with developing regulations. Following the paper trail is not always easy.
hyper al
13/12/2017
07:49
Yeah it certainly does explain the selling, depressed price on what are excellent assays to date. Hopefully the department of mines will issue the new exploration licences in a speedy manner as its not directly the company's fault and they're continuing to explore the area regardless. So sounds more like a paperwork issue. Regards, Ed.
edgein
13/12/2017
07:49
Oh dear! So going back down to .004 where I got in a few years ago..luckily I sold a good lot at the peak
113mike
13/12/2017
07:41
12bn, it will be a long wait now to get your money back.Lol
thehitman1
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