Kodal Minerals Share Discussion Threads

[cpap man] 22/5/2017 17:15

And why not?!?!?

[cpap man] 22/5/2017 17:12

RNSs ref: 25M Broker Warrants for share price Angel & Co Stockbrokers



"The Warrants are exercisable at a price of 0.38 pence per share, being the same price as the recently announced second investment by Suay Chin International Pte Ltd. and have a life of five years from vesting. 50 per cent. of the Warrants will vest immediately, with a further 25 per cent. vesting in one year and the remaining 25 per cent. vesting in two years' time."

[thehitman1] 22/5/2017 17:00

Lol, i have been in and out of this since last year.

[thehitman1] 22/5/2017 11:58

Good news, added loads last week.

[cpap man] 22/5/2017 11:55

Remember POST 8405 reference KOD - over on the FXD chart thread run by the excellent fingers xxd?

[cpap man] 22/5/2017 11:50

Also [very interesting] from share price Angel




Lithium – Redflow bravely admits it cannot compete with lithium batteries on price in home market
 Australian battery manufacturer has conceded that it can not compete with lithium for storage batteries in its home market.
 The company makes a zinc-bromine flow battery and is now shifting manufacturing from Mexico to South-east Asia and is also moving to focus on the industrial, off grid and telecommunications markets.
 Tesla’s 50% cut in the cost of lithium battery storage and the release of the Powerwall 2 battery last year has effectively forced them out of domestic grid storage.
 Redflow’s ZCell flow batteries are said to offer deeper depths of discharge and longer lifetimes than lithium but can not match on price.
 The ZCell batteries offer the advantage of operating in higher ambient temperatures which is a safety advantage and being able to discharge 100% of its power without degrading storage capacity or lifespan. Both are important attributes in our view as lithium still presents certain heat, safety and lifespan issues particularly with the large numbers of cell connections involved.
Lithium - SQM reported last week “stronger lithium demand than growth than we had previously expected and now estimate that demand growth should reach approximately 14 percent this year,"

[goneawol] 22/5/2017 11:30

Kodal Minerals* (LON:KOD) 0.32p, Mkt Cap £20m – Lithium grades to support future JORC resource as Suay Chin funds Bougouni project and offtake agreement

• Kodal Minerals released a number of notable lithium assay results from recent drilling on Friday.

• The results show broad intersections including 47m grading 1.51% lithium oxide at the relatively shallow depth of 32m.

• Lithium mineralisation in wide pegmatite veins is evident from surface indicating good potential for mining going forward.

• Management now has confirmation of a continuous unit extending for over 500m of strike and greater than 200m depth, with the prospect remaining open in all directions.

• Financing: Kodal recently reported the signing of the agreement with Suay Chin for offtake material from Bougouni for a £4.3m financing in addition to the £0.5m received from Suay Chin earlier.

• The price for the subscription is 0.38p/s meaning that Suay Chin will hold 20% of Kodal shares

• Suay China and Kodal reported that they continue to negotiating over an offtake agreement to cover 80-100% of the spodumene product to be produced at the company’s Bougouni project in Southern Mali.

Conclusion: Kodal shares look significantly undervalued relative to the Suay Chin funding price of 0.38p and the future potential of the company. The £4.8m (£4.3m+£0.5m) of funds from Suay China funds will help Kodal advance toward a JORC resource and should go some way towards the development of a feasibility study on the project.

We expect Suay Chin to help Kodal to work through the processing process for concentration of lithium in spodumene and to help with financing the Bougouni project as a new mine. We would expect this process to continue to advance the project and add value to Kodal.

*SP Angel acts as Financial Advisor and Broker to the company. Robert Wooldridge, a partner at share price Angel is Chairman of Kodal Minerals.

[fund55] 22/5/2017 11:21

Upbeat note from broker out this morning .

[donald trumpton] 22/5/2017 11:05

The modern battery is coming of age. And it’s about to transform solar into a genuine world power option.

Major tech firms have been pouring piles of cash into batteries.

Just last month, Tesla researchers announced that they’ve DOUBLED the lithium battery capacity at their new “Gigafactory” in Nevada – FOUR years ahead of schedule.

Lithium batteries are a vital piece of the solar puzzle – they are to solar what tankers and pipelines are to oil and gas.

Only problem is…

Lithium is scarce. Very scarce, in fact.

There are only a handful of places the battery industry can get lithium from.

KOD is shaping up to be one of them.

[cpap man] 22/5/2017 10:05

LOL....The Monday BLUES are now with our dearly beloved KOD once again!

[cpap man] 22/5/2017 09:25

KOD needs to get those Monday morning blues!

[runthejoules] 22/5/2017 08:22

We still have a seller...

[cpap man] 22/5/2017 08:21

Lithium stocks are all on the rebound at the moment - perhaps Aussie investors especially from the likes of BGS are now buying into KOD!?!?!

[dmitribollokov] 22/5/2017 08:13

C'mon the Kod dog!

[cpap man] 22/5/2017 08:07

KOD morning to all my fellow KODers!

[dmitribollokov] 19/5/2017 20:56

Sweet, was starting to get itchy.

[runthejoules] 19/5/2017 16:53

Fingers called it 100% right - wish I'd taken profit more & put more back in. Or maybe it was a self-fulfilling prophecy!

[on target] 19/5/2017 16:14

Looks like it will tick-up again before close, ready for a great next week for all KOD-eaters!

edit> No further tick-up but still finished on the high of the day - should be a good week next week :)

[cudmore] 19/5/2017 16:13

Can't believe anyone would be selling these with all the positive news here. All imho of course

[cpap man] 19/5/2017 15:42

Remember POST 8405 reference KOD - over on the FXD chart thread run by the excellent fingers xxd?

[on target] 19/5/2017 15:42

Lots of people will be trading this for short term small % profits bsg, because it's a very liquid share for such a small cap.

[bsg] 19/5/2017 15:35

Any rise is pounced on, something fishy going on here.

[donald trumpton] 19/5/2017 15:35

Can you believe the market cap - STILL lol!

[cpap man] 19/5/2017 15:30

Yes O T

And why not?

Makes total sense for them to do that!