Kodal Minerals Share Discussion Threads

[cpap man] 10/4/2017 21:40

Reference Aussie listed BGS who are AIM listed KOD's near neighbour with regards to LITHIUM....from an Ausie BB [top rated post with 70 tick ups[



This deposit continues to exceed my expectations in many ways. I was happy to invest when the target was 15-18mt at 1.6-1.8%. Now it looks like we will double our resource size at that grade or very close to it.

I have seen many Lithium dreamers hopefuls get excited about "1m intercepts at 40m depth at 1.5% Li2O".

Birimian on the other hand has 50m+ intercepts at grades greater than 1.6% Li2O from 1 and 4m depth. The other results from 15m depth and so on are also just as remarkable.


You could literally dig it up with a spoon.




The forward looking plan sounds quite encouraging as well.

- Resource upgrade by start of May is what we all expected initially.

- PFS looking to be on time, very good. Hopefully no delays like the SS.

- Met results soon, very good.

- The next phase of drilling being planned is encouraging. I am hoping the company can get 3+ drill rigs to site and get it all drilled out rather quickly. The quicker the better in my eyes, punch those holes and get them to a lab ASAP. Lets prove up this resource and get all the other pieces in play.

- The BIG one everyone should be VERY happy about is getting the project terms presented to the Malian government within the next week. This is an incredibly important part in the permitting process. Once the Malian government approve the ESIA, you can expect a mining permit very soon after that. Starting the process in April is very encouraging. I have read of a mining permit being granted some 8 weeks after the ESIA was approved (Check African Gold group TSX for those wondering).




I also understand that Michael Langford is still in Europe from his Twitter. For those wondering he did say at the EGM he was heading there for three weeks that coming Monday. Many here have suggested KJ sent him to Europe, I understand that is false. Either way if has helped raise the profile of Birimian beyond Jochen Staiger, then it is a positive.

No doubt soon enough he will be back in Aus, then off to China to meet with our MOU partners, potential insto's and so forth. Michael meeting with our MOU partners is crucial after the last few months, those relationships are imperative for the company and no doubt he will be able to alleviate any concerns.

For anyone to take a substantial position in Birimian (5%), it still only costs about $2.6 million AUD. A very small price to pay for huge potential upside and near term cashflows.



The upside to Birimian has always been there, the size and strength of the upside just continues to grow and grow.....

[euclid5] 10/4/2017 21:04

Birimian Rns released today

High grade Infill drilling at Goulamina

Reverse Circulation (RC) drilling confirms highly continuous and
robust grades at Goulamina

 Excellent support for previously modelled high-grade lithium
mineralisation at Main and West Zones, including

Assays from RC drilling targeting infill areas at Main Zone and West Zone continue to return positive results. These holes are from 25m spaced infill sections that increase data density to improve resource confidence, and facilitate upgrading resource categories. Infill drilling shows excellent continuity of width and grade, providing strong support for the geological model in this area.

Results are shown in Table 1.

A further 13 holes from the recent drilling program are pending return of assay results. Significant results will be reported as they come to hand.

hxxp://www.birimiangold.com/pdfs/HighGradeInfillDrillingAtTheGoulaminaDeposit10Apr17.pdf

[thelung] 10/4/2017 20:47

Fund55 are the larger trades today below 28 those that you were referring to? TIA

[greatfull dead] 10/4/2017 14:54

DT,

No problem keeping the faith with KOD. Its all there if one cares to look!

ATB,
GD

[donald trumpton] 10/4/2017 13:25

That's it GD. Keep the Faith.

We are talking Lithium, and Gold.

What's not to like!

[greatfull dead] 10/4/2017 13:02

DT,

Looks that way!

ATB,
GD

[donald trumpton] 10/4/2017 12:05

Mr 1000%, isn't it?

[cpap man] 10/4/2017 12:00

Don't tell him your name KOD!!!!

[captainmainwaring] 10/4/2017 11:47

Thank you Vicar.

[cpap man] 10/4/2017 11:45

KOD bless you all!!!!

[mr del monte] 10/4/2017 11:44

si I love him!

[donald trumpton] 10/4/2017 11:24

One of the finest.

[thelung] 10/4/2017 10:56

cpap man 10 Apr '17 - 08:42 - 3441 of 3443

good man....

[12bn] 10/4/2017 09:58

09:48:26 0.2813 879,845 O 0.2750 0.2900 Sell 6,579,699 14,790,203
09:37:57 0.2813 1,000,000 O 0.2750 0.2900 Sell 6,579,699 13,910,358
09:36:09 0.2800 1,804,591 O 0.2750 0.2900 Sell 6,579,699 12,910,358
09:19:13 0.2765 64,143 O 0.2750 0.2900 Sell 6,579,699 11,105,767
08:17:21 0.2800 3,469,303 OK 0.2750 0.2900 Sell 6,579,699 11,041,624
09:03:39 0.2820 1,423,773 O 0.2750 0.2900 Sell 6,579,699 7,572,321
09:03:38 0.2765 1,455,710 O 0.2750 0.2900 Sell 6,579,699 6,////////// Only the 0.2765p trades are real sells,the rest are buys.

[thelung] 10/4/2017 09:31

Indeed Ed! It's almost as if someone should be making the BCN holders aware of this little gem :-)

[113mike] 10/4/2017 09:05

So why is KOD as cheap as chips then?When's the major rerate going to start?

[edgein] 10/4/2017 09:03

TheLung,

That just shows how cheap KOD really is and the excellent demand for lithium at present. Our lith is practically at surface and multiple times higher grade (even in the trenches) compared to BCN's Sonora. Its making the current round of holes that more exciting. To put things in perspective that 10% of BCN is almost our entire cap and we've got some good gold assets here too. Making KOD look the most undervalued of all these Lith players.

Regards,
Ed.

[thelung] 10/4/2017 07:55

The Japanese are entering into a similar deal at Bacanora, as KOD is proposing with SC.

[113mike] 06/4/2017 15:49

Hey DT... my comment was no more naff than yours!

[fund55] 06/4/2017 15:15

No,I am not .There are some large buys this afternoon which so far has not been reported

[cpap man] 06/4/2017 15:10

You not KODing are you fund55!?!?!