Kodal Minerals Share Discussion Threads

[donald trumpton] 24/7/2017 08:41

Gonna need some Lithium alright..

[maytrees] 24/7/2017 08:36

Good morning
Added a few down to 0.32p - share price moves quickly.

[cpap man] 24/7/2017 08:33

Being bought into ... again.

[bsg] 24/7/2017 08:25

Being sold into ... again.

[kop202] 24/7/2017 08:23

The computer says..........buy

[donald trumpton] 24/7/2017 08:22

Quick chance to average UP just now.

[cpap man] 24/7/2017 07:45

Master RSI23 Jul '17 - 21:39 - 491 of 494 1 0

British Bulls after closing last Friday

KOD
Last Signal:BUY
Last Pattern:BULLISH ENGULFING

Last Close:0.3100 Change:+0.0250 Percent change+8.77%
Signal Update Our system’s recommendation today is to BUY.

The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.295p

[pauliewonder] 24/7/2017 07:22

Will top up if price drops

[strongbuy] 24/7/2017 07:21

Looks like someone piled in late on Friday

[strongbuy] 24/7/2017 07:08

Is anyone looking at these???

[strongbuy] 23/7/2017 21:38

What price tomorrow 😳🚀

[strongbuy] 22/7/2017 12:52

im hoping to get in early, providing the mms dont restrict the volume you can buy as usual !!!

why can't we get a sniff ahead of any article ffs

[techtrend] 22/7/2017 12:33

Thanks for that rayg4

I was curious as to whether the rise in KOD on Friday was due to buyers who saw the the Times article early. However:

Savannah Resources (SAV) - 0% Chg on Friday
Cadence Minerals (KDNC) - 0% Chg on Friday
Savannah Resources (SAV) - 0% Chg on Friday

So that doesn't seem to be the case. Hopefully there will be some additional buyers in KOD on Monday.

We are certainly due a re-rate after all the progress that has been made the last 4/5 months.

[jungmana] 22/7/2017 12:30

And PREM with the world class Zulu lithium project.

[encarter] 22/7/2017 12:06

Add AQG to that list.

[rayg4] 22/7/2017 10:50

The Times article here if you don't subscribe. It's probably due to an inspired and well timed piece of PR from Angel, ahead of the SC investment news (and a JORC, with any luck).

Until the 1970s, there was limited demand for lithium, the lightest metal. It is used in industrial applications such as ceramics and glass and metallurgy. It is a treatment for mental conditions, such as bipolar disorder. It is a component of nuclear bombs.

Generally, though, in areas such as Cornwall, where lithium seeps out of the ground, it was overlooked for centuries, miners concentating on more valuable metals such as tin. All that changed with the development of the lithium-ion battery, first used in home electronics and now in demand for electric cars. As manufacturers such as Volvo look to phase out the internal combustion engine and Tesla, the Palo Alto carmaker, prepares to roll out its Model 3, the first car to be squarely aimed at the mass market, demand for lithium-ion batteries can only grow, presumably peaking at the time when the internal combustion engine is consigned to history and every vehicle is electric.

Some have wondered whether the planet can produce enough of the metal to keep up with that demand from the automotive industry and whether Tesla and the others are producing cars that eventually will contain no batteries — it plans to make half a million cars next year.

The miners, including four tiddlers quoted on the London Stock Exchange, are scrambling to find new sources and ramp up production. As share price Angel, the broker specialising in mining stocks, said in a note this week: “The race is on for miners to secure their place within the lithium supply chain while lithium processors appear fairly desperate for feedstock at the right quality and the right price.”

John Meyer, an analyst at the broker, plays down fears that we may run out of the metal. “There’s more than enough lithium in the world. It’s getting the whole supply chain up and running. It’s getting enough mines into production.”

The global industry is dominated by an oligopoly of big players who will strive to keep their stranglehold intact. They include the New York-quoted Sociedad Química y Minera de Chile, operating in a country where plentiful supplies of lithium are produced, and another two NYSE companies, Albemarle and FMC. The three are reckoned to account for about half the whole market. For anyone who wants to invest in a lithium boom, the shares are easily traded and can be bought via the usual dealers here.

Two other big operators are Chinese. China is central to the lithium story, Mr Meyer says, because that is where the action is. Processors who refine the metal into the form used in batteries are desperately sourcing new supplies. One Singaporean business that supplies the Chinese chemicals industry and the lithium processors, in particular, is taking a 19.99 per cent stake in one of those four companies on London’s Alternative Investment Market, Kodal Minerals.

This is seeking to produce lithium in Mali, western Africa, with first production expected within a couple of years.

A second, Bacanora Minerals, is seeking to develop its Sonora project in Mexico. A feasibility study is expected by the end of the year. If the project gets the go-ahead, first production could start in 2019.

The third is Savannah Resources, which this month has raised £1.3 million and is developing newly acquired assets in Portugal. Last comes Cadence Minerals. This, the renamed Rare Earth Minerals, adopts a more portfolio approach, taking stakes in mainly lithium mining projects and companies in areas such as Australia, Mexico, Namibia and the Czech Republic, and has more than £40 million invested so far.

“I think companies like Kodal and Savannah and Bacanora are the way forward,” Mr Meyer says, “but there’s risk associated with it.” And how. The fledgling lithium mining industry makes those wildcat oil and gas explorers that have made and lost investors’ fortunes over the years look like a sure thing. The upside is that if they become too successful, one of those big players will roll over and buy them.

[strongbuy] 22/7/2017 10:25

Wow, this one could be seriously big !

[on target] 22/7/2017 09:36

KOD mentioned in Times Business article:Https://www.thetimes.co.uk/edition/business/is-lithium-the-next-big-thing-pkf09gx2g

[dreamtwister] 21/7/2017 21:28

he doe`s not hold eel shares but now a shareholder in olando ! of whome t/o eel. the parasite formed a share liason group then dangled a carrot to keep the slg sweet whilst kosmos farmed in to eel assets,he has lost the slg members their investments,the spineless turncoat has not got it in him to come clean and put this sorry saga out of its misery.

[ihavenoclue] 21/7/2017 17:34

MrKeysersoze21 Jul '17 - 12:20 - 3345 of 3352 2 0
Must be a sizeable buy order bring worked causing the rise.......

Mr K.

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How are your EEL shares doing ? :)

[flashheart] 21/7/2017 15:06

Buys becoming larger and larger. Very close now I feel.

[cudmore] 21/7/2017 13:03

Up she goes. These and ALBA making my portfolio look very good today

[kop202] 21/7/2017 12:40

Always have Kod on Friday

[cpap man] 21/7/2017 12:33

You're KODing us right?!?!?

[falia] 21/7/2017 12:32

HERE WE GO