Kodal Minerals Share Discussion Threads

[jungmana] 18/1/2018 08:32

Holding about 5m now. My second biggest holding after prem.This is a multibagger all day long.

[greatfull dead] 18/1/2018 07:21

Great RNS, but no mention with the licence issue. To me KOD are showing the market they are fully confident that the licence issue result will be in their favour.

GLA,
GD

[on target] 17/1/2018 21:04

Worth a listen - KOD @ 27:50

[edgein] 17/1/2018 11:57

Thelung,

Cheers for that! Hopefully get something sorted in the coming weeks from the sounds of it.

Regards,
Ed.

[thelung] 17/1/2018 11:17

Here you go Ed. Hopefully it isnt the cold weather which has turned you blue :-)


SorB
I’m out of ammo to throw at this share so I’ll pass on some news and hopefully you can get some more shares before news drops. I’ve been checking the mail mining license website everyday for the last month and found nothing in regards to future minerals. I even got to the point of doubting what I was reading in the RNS had any substance behind it. Well low and behold the website got an overdue overhaul today and now when I look the wonderful words of Future minerals SARL is lodged along with a map of our tenement. From the information I could gather the license was lodged on Monday the 11th December so it took them two days to notify us. Now we know why the price dropped on the 11th from 0.23.5 to 0.18. For me this is great news and puts my mind at rest, I do have a nagging doubt that EMAS SARL will want some sort of payment even though they were at fault.

All the best

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sxxswe
Also looks like another companys application for a license immediately to the west of us is under review.. Looks like more people want to get in on the Bougouni train!

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I3LiP
If you go to the Licences tab at the top. The first result should be Triumvirat Mining. If you click on the eye icon then you can go to the map and see where the licence covers.

Alternatively you can go to the map view and find the area under active licences. They should both show as Triumvirat. Reassuringly it shows that their licence expires at the end of February. Which presumably means they have honoured their word to withdraw their applications.

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sxxswe
Found Future Minerals now showing as under Validation. Triumvirat are still owners on the map:

This has me settled, RNS implies contracts are signed with Triumvirat - but I'm still very curious as to who owns it

_____________________

SorB
So Triumvirat applied for the license on the 17th November and 13 days later get granted a four month license. Four F@cking months, how did they manage that when the standard is a two year duration. They have also made no payments to aquire the license.

[greatfull dead] 17/1/2018 10:29

Very possible too.

GLA,
GD

[edgein] 17/1/2018 08:49

Thelung,

Where LSE? What's the jist of the discussion? I guess folks speculating on the future of the licence? Well KOD have already stated they'd defend their right to their licence so it depends on who has a taste for a legal battle. Not sure that the government of Mali would want that when they need significant investment to get their lith assets developed. I'm sure that KOD has more than met licence commitments so far and continues to explore. Personally I have an opinion similar to Jung and only time will tell if that's accurate. I can see a major re-rate once the licence issue is sorted as the current cap is madness otherwise. I've not been buying more of these as I've enough already but won't be selling any at this stage.

Handi,

Yes EMAS made a mistake and KOD are trying to get that sorted. The local company that applied for the licence have gained 10% free carry, most likely in the long-term worth many millions. They got lucky, it could have went 100% KOD given the millions they've spent on the licence to date and continue to do and have Chinese backers. Giving it to the little opportunistic company could have landed them all into an arbitration court faster than they could blink. So I'm quite content to hold these until this issue is resolved. If I didn't hold here already I'd certainly be buying some for a punt and buying more if/when they get the licence sorted.

Regards,
Ed.

[thelung] 16/1/2018 23:05

Interesting info discussed over at the other place tonight.

[jungmana] 15/1/2018 12:12

Bought some more today. The small issue of the licence should be sorted out before end of January imo.Silly undervalued right now

[adamfletcher1] 12/1/2018 20:51

Thanks Ski .

[skiboy10] 12/1/2018 20:49

On the ASX

[adamfletcher1] 12/1/2018 20:24

Which BGS is this ? On LSE?

[greatfull dead] 12/1/2018 12:03

Just a reminder to KOD PI's.



The company ( KOD ) maintains its exploration and definition programme at the Bougouni project and remains confident of its rights to the project area.

GLA KOD holders,
GD

[skiboy10] 11/1/2018 15:33

Not yet. They are probably holding the drilling results back until the licence issue is resolved.

[billyboychrisd] 09/1/2018 13:06

This definitely appears to be the bottom. Buyers coming in and the price will move up again. Perhaps we're in this 0.18-0.2 range until news comes, or people get excited about news coming!!

[cpap man] 09/1/2018 12:45

Anthony Milewski: 2018 Is Going to be the Year of Grid Storage



Anthony discusses Cobalt 27 and how they did well this past year. 2017 was the breakout year for the electric vehicle market, and it is accelerating faster than most analysts anticipated. He thinks a new story will emerge this year that will shape the market.

This story is the concept of grid storage which involves attaching large battery banks to the electric grid. All power grids globally have demand for this technology. Tesla’s grid solution in Australia has demonstrated how this technology can dramatically improve electrical systems.

Grid storage applications will require a sizeable quantity of lithium ion-based batteries and will likely move towards vanadium based batteries that are in development. Vanadium is an interesting technology, but there are risks. If you are looking at vanadium, you may want a small speculative investment.

E.V sales have continued to impress analysts. The coming quarters will likely continue to show an increasing demand for them. The nickel sector is going to be a sleeper as the market has not yet priced in this potential.

He feels the broader equity markets will show the most gains during the first half of the year with the second half driven by quantitative easing concerns. We are still well below the peak of the last commodity supercycle. Ultimately money will flow into commodities. As a result, he thinks copper equities will have a big year.

Automakers have a different view of the transportation market. They see Electric Vehicles as a means to bring autonomous vehicles to the marketplace. They are looking at how to get cars to drive and park themselves.

Talking Points From This Week’s Episode
• Copper equities will likely do well in 2018
• The market has not considered the coming nickel demand from E.V.
• Automakers are looking towards autonomous vehicle solutions.
• Grid storage solutions will likely be adopted.

Anthony Milewski is the Chairman of Cobalt 27 and an MD at Pala Investments. He has spent his career in various aspects of the mining industry, including as a company director, advisor, founder, and investor. In particular, he has been active in the battery metals commodities including investing in nickel, lithium, and cobalt and actively trading physical cobalt. In 2016, one of the industry’s leading publications, “The Mining Journal,” named him as a Future Mining Leader.

Mr. Milewski has managed numerous mining investments at various stages of development, including exploration, development, production and turnaround situations, and across a broad range of commodities. He has served as a director of both public and private companies. Mr. Milewski is a member of the investment team at Pala Investments Limited, and prior to joining Pala Investments, he worked at Firebird Management LLC.

Mr. Milewski previously worked at Renaissance Capital and Skadden, Arps, Slate, Meagher & Flom LLP in Moscow, where he focused on advisory and transactional work in metals & mining and oil & gas sectors. He has lived and worked in Africa and Russia, including a year as a Fulbright scholar, and has spent considerable time in Central Asia. Mr. Milewski holds a B.A. in Russian history from Brigham Young University, an M.A. in Russian and Central Asian Studies from the University of Washington, and a J.D. from the University of Washington. He holds an LLM from the Russian Academy of Sciences.

[adamfletcher1] 09/1/2018 08:16

Bought 2 lots this morning, hopefully by the time my kid is 18 (in 17 years) these will be worth something :)

[cpap man] 09/1/2018 07:00

Breaking News: India – The 3rd Largest Car Market – Announces Only Electric Vehicles To Be Sold By 2030



India’s government just shocked the automobile and commodity marketplace.

They made the ambitious move in declaring that by 2030, all vehicles sold will be Electric Vehicles (EV’s).

The papers finalizing the policy could be signed by year end. . .

“The government has declared that India – set to be the world’s third largest car market within five years – will sell only electric vehicles by 2030.”

Here are some facts. . .

º India is known to be a power deficient country.

º For instance, they still produce over 90% of their electricity from coal.

º And this has made India one of the world’s most polluted places in the world.

º Many of their 1.3 billion population struggles with these problems daily.

“A recent study found that pollution in Delhi was so bad that residents would live almost six years longer if India were to meet its own air quality standards and up to nine years if the country met international benchmarks.”

Also – did you know there are only about 5,000 Electric Vehicles on India’s roads currently? That means there will have to be over 10 million EV’s bought just to meet the government’s target?

There’s no doubt that this “Only EV’s by 2030” initiative is an ambitious move by the government to join the ‘alternative power’ countries.

But the real exciting part is this. . .

As we have written about, there are already growing shortages in the materials – such as cobalt and nickel – that are required to build and fuel Electric Vehicles.

And these shortages are occurring without the 3rd largest car market in the world being involved.

Imagine how tight supplies are going to get now that they’re also rushing in to get their hands on these critical materials?

(Source: Economic Times)

The trend is in motion.

And it is clear that the world economies are shifting from traditional gas-powered vehicles and into Electric Vehicle.

[cyrilsneer1] 08/1/2018 22:14

Adam, next door to KOD is a company called BGS, they're very similar but at a more advanced stage to KOD with a JORC resource of 32mt. KOD has produced some excellent grades and the lithium has been proven to be battery grade. Battery grade quality is very hard to come by in the lithium market. BGS market cap is around £100 million GBP, we're set at a £12million mcap. DYOR but it's definitely worth a punt in IMHO.

[adamfletcher1] 08/1/2018 21:04

I'm a virgin in this area. Sure you experts have seen this:https://www.youtube.com/watch?v=8kLb_WWi438Found it interesting.

[113mike] 08/1/2018 19:47

last of the big spenders?