Kodal Minerals Share Discussion Threads

[skiboy10] 07/6/2018 15:15

Ed - this coming new issue might be of interestNew main market listing anticipated in a couple of weeks for KAV *Alert* "Kavango Resources to list in London and advance flagship project in Botswana" - Proactiveinvestors www.valuethemarkets.com/index.php/2018/02/08/kavango-resources-debut-standard-list-two-major-exploration-projects/ Kavango’s Kalahari Suture Zone project bears striking similarities to giant Norilsk deposits in Russia 09:30 29 May 2018 Kavango Resources is going big game hunting in Southern Botswana http://www.proactiveinvestors.co.uk/companies/news/197718/kavangos-kalahari-suture-zone-project-bears-striking-similarities-to-the-giant-norilsk-deposits-in-russia-197718.html IPO of Kavango Resources PLC [KAV] early next month on the LSE [standard list] with the main fund raising being conducted by the Stockbrokers SI Capital For further info ref: #KAV Nick Emerson Tel No: 01483 413500

[edgein] 07/6/2018 15:05

Thelung,

No not currently in those, do you have some of them? from a quick look it seems they've an indirect interest in assets quite close to Kodal.

Regards,
Ed.

[thelung] 04/6/2018 11:07

Ed, are you in TSI?

[thelung] 03/6/2018 23:14

China this week for BA.

[polysale] 02/6/2018 13:15

John Meyer talking up Kodal again

Mining analyst John Meyer talks to interactive investor about sector dividend yields, the heavyweights with best prospects, and which junior miners are worth watching in H2.





click on link then put iii. after www. in browser

[dmitribollokov] 31/5/2018 08:42

Excellent grades again

[edgein] 31/5/2018 07:56

Hyper,

Great news again:

"Drill results pending for drill holes defining eastern extension with a further 25 drill holes pending assay

-- Exploration drill rig returned to Sogola-Baoule targeting eastern extension of main pegmatite vein with drilling on a definition spacing over an additional 400m strike length"

SB is starting to rival Ngou in terms of strike length and grade and lots and lots more assays results to come on both of these targets. That Chinese money is being put to good use. Amazingly low market cap her at the moment. Can't wait to see what the maiden JORC comes in for both of these high grade areas (SB and Ngou). With the EV boom now looming large KOD are a sitting duck to be taken over.

Regards,
Ed.

[thelung] 28/5/2018 09:17

Birimian’s Executive Director and Chief Executive Officer, Mr Greg Walker, said “The Company is delighted to announce a further reduction in the Project’s estimated operating costs to US$280-285/t, with Roskill recently ranking Goulamina as 3rd lowest globally on its comparative cost curve for hard rock lithium projects. Birimian looks forward to the release of the revised Goulamina PFS, which is expected to underpin Goulamina’s rapid development.”

[datait] 25/5/2018 10:17

pmsl yeah I can see that in the share price Edgein, I'm just happy to see 12bn get his deserves after all the bull he has given many others over the years, he is now getting his Karma.

I sold still making a small profit and made so much in other stocks as this share is going down constantly and no volume at all.

When there is volume its all sales.

[edgein] 25/5/2018 09:18

Dexter,

Go out and enjoy the sunny Edinburgh weather, its a good day for your cleaning windows. KOD have millions in the bank and no debt. What are you on about KOD trades in the millions of share every day. Also the Chinese are fully supportive of the company according to management. Sentiment can change here in a flash. Market is largely stupid, GWMO gained 68% the other afternoon on poor copper grades, the market will eventually wise up here. Perhaps you'll be able to "buy by mistake" again before that happens. Tee Hee

Regards,
Ed.

[cpap man] 25/5/2018 08:10

The news flow has been excellent E G from KOD as has the general news flow about the LITHIUM market but KOD as we both know has lost it's puff for now.

Why that is KOD only knows but it is extremely hard to suggest anything other than KOD is looking extremely cheap this Friday and is therefore way undervalued.

So in my view value is always outed in the end....

[cpap man] 24/5/2018 10:50

SP Angel . Morning View . Automakers scramble for lithium in tight market



Automakers scramble for lithium supply before Kidman lithium hydroxide plant is built

Tesla Inc. struck a supply deal to secure long-term lithium hydroxide with Australia’s junior Kidman Resources Ltd., with output not expected until next decade.

The Western Australia mine will supply Tesla refined battery-purity product for an initial term of three years, with the fixed-price agreement also containing options for a number of three-year extensions.

With first production expected by 2021, and construction not beginning until next year, the negotiation highlights the underlying scramble for raw materials to match forecast demand for electric vehicle growth.

Automakers and battery manufacturers are targeting sources of lithium, cobalt and other raw battery materials, with BWM AG forecasting the requirement for crucial metals surging 10-fold by 2025. Australian energy metals analyst notes “the fact that this is a deal for product that won’t be available for three years shows the urgency in the sector. What we are seeing is that automakers are increasingly willing to go all the way upstream, even to the individual mine, to secure supply”.

With plans to announce location of Tesla’s Chinese gigafactory, demand for lithium hydroxide will continue to rise. Kidman Resources are expected to begin development of a mine to feed the plant at Mt Holland – the world’s third-largest hard rock spodumene lithium deposit – under a joint venture with Chile’s Sociedad Quimica y Minera de Chile SA. The JV are targeting annual capacity of 44,000 tonnes of lithium hydroxide, with the initial deal equating to less than a quarter of the share of production. Managing Director notes “the Tesla agreement is an important milestone for Kidman. [Kidman will] continue to explore the potential for further offtake agreements with other strategic, globally significant parties”.


‘Lithium valley’ expanding Western Australia

Western Australia is attractive significant investment in the race to secure long-term battery metal supply, drawing up to A$34bn ($26bn) for new mines, facilities, battery processing and recycling by 2025, according to Regional Development Australia reporting.

While A$13.8bn targets the development of mines and refining facilities, the investment could easily be dwarfed by the forecast A$56.5bn energy metals sector economic contribution by 2024/25.

The state records the largest spodumene hard rock reserves globally, accounting for 2.7 million tonnes reserves or 16.9% worldwide equivalent.

Output is expected to form a fundamental part of the lithium market, with the annual value of raw material battery supply to rise to $75bn by 2030, according to Bloomberg New Energy Finance.


Chile high court declines to weigh in on lithium spat at Maricunga

Chile’s constitutional court said it would not get involved in a dispute between foreign-backed miner Salar Blanco and state-run copper miner Codelco over adjoining lithium deposits in the Maricunga salt flat.

Salar Blanco, 50 percent-owned by Australia’s Lithium Power International, filed suit in March before the court alleging that Codelco was constitutionally barred from mining lithium and argued that permit overlapped its own and was issued in error.

Codelco was granted permit to operate in Maricunga by Chile’s outgoing centre-left government in March, while at the same time regulators granted Salar Blanco a permit to extract 473,135 tonnes of lithium carbonate over the 30 year mine life.

Chile’s constitutional court declined to weigh in on the dispute, saying it was “the responsibility of the lower-court judge” who is reviewing the case and was not a constitutional issue.

The dispute between the two miners is being watched closely by investors and foreign miners anxious to invest in Chile, which is home to half of the world’s lithium reserves.

[edgein] 22/5/2018 08:13

Dexter,

True its not looking good, its looking great, well spotted you're not as slow as you let on when posting. Over 1km strike, high grade, open along strike and at depth. Who knows at this rate they may even exceed my 10Mt target. JORC in the near term is going to make some interesting reading.

Regards,
Ed.

[datait] 21/5/2018 14:35

Not looking good at all is it hahahaha

[cpap man] 21/5/2018 10:50

Kodal Minerals* (KOD LN) 0.165p, mkt cap £10.8m - Drilling extends mineralisation to over 1km at Sogola-Baoule

Kodal Minerals has reported results from the recent reverse-circulation drilling of 15 holes on the Sogola-Baoule lithium project in southern Mali which now extend the known strike length of the mineralisation to over 1km.

The mineralisation has been located beneath shallow cover and so far only drilled to a depth of 100m. The company reports that mineralisation remains open along strike.

The company discloses that assay results from a further 39 holes are still pending however, among the results highlighted in today’s announcement are:

17m at an average grade of 1.62% Li2O from a depth of 44m in hole MDRC042;
18m at an average grade of 1.53% Li2O from a depth of 109m in hole MDRC041 which also contains an intersection of 7m averaging 1.28% Li2O from a depth of 79m; and
10m at an average grade of 1.17% Li2O from a depth of 81m in hole MDRC036

Additional intersections in excess of 1% Li2O are also reported from a further 3 holes in today’s announcement.

Conclusion: Despite the extension of the known mineralised structure at Sogola Baoule to over a kilometre, the structure is reported to still remain open both laterally and at depth. We look forward to the remaining assays and further news on the progress of the mineral resourtces estimate.

*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] 21/5/2018 10:45

China finalises Chile deal to dominate global battery market

China tightens its grip on the global supply chain for battery raw materials as Tianqi Lithium Corp. finalised a deal for a $4.1 billion stake in Chilean rival SQM, the second-largest worldwide lithium producer. Chengdu-based Tianqi’s aggressive expansion by Chinese companies to tie up long-term sources of metals and chemicals fundamental to match rising demand for rechargeable batteries and electric vehicles looks to almost triple production capacity through 2020.

The sale of Nutrien Ltd.’s voting shares in SQM, totalling 24%, follows months of contentious speculation drawing an antitrust review request from Chilean government agency Corfo on the grounds a Chinese deal would give the two companies too much control over the global lithium market. Corfo’s former head noted the deal opens the door for Tianqi to take control of SQM.

Energy metals analysts note the deal “makes the lithium oligopoly even stronger than it already it. This affords Tianqi a unique opportunity to shape the direction of the lithium industry”.

Nutrien is selling its SQM stake to meet a condition for its creation in the merger between Potash Corp. and Agrium Inc. Further to the deal with Tianqi, Nutrien still has about 20 million non-voting shares, which is plans to sell in the coming months.

The entire Nutrien stake gives the holder the right to three of eight SQM boardroom seats. But according to former executive vice-president Eduardo Bitran, the sale of two separate blocks could allow four seats if an alliance was formed by the two buyers. Internally, SQM shareholders approved Julio Ponce’s proposal to rescind bylaws that limit voting rights for the A shares, particularly to avoid losing power if other shareholders seek control. Representatives of Nutrien voted in favour of the proposal, while minority holders including pension funds and Moneda Asset Management voted against.

While the antitrust review is ongoing, Chile’s Mining Minister Baldo Prokurica said the government wouldn’t intervene in any investigation into Tianqi purchase of SQM, instead supporting the verdict of antitrust authorities. Despite claims control wouldn’t be in the public interest, Tianqi’s acquisition of stakes in SQM would increase share of global lithium chemical capacity in 2018 to approximately 15% from 12%.

The producer owns assets including 51 percent of Perth-based Talison Lithium, operator of the world’s largest lithium mine, and is constructing the biggest lithium hydroxide processing plant in Western Australia.
The agreement is subject to customary closing conditions, including regulatory approvals and Tianqi Lithium shareholder support, and is expected to be completed by the fourth quarter of this year.

[edgein] 21/5/2018 10:40

Thelung,

True, I'm hoping that both Ngou and SB make it in there, as you say the two additional drill targets will be for future expo. I could easily see them shipping that 5,000tn this season, I had no doubts they'll get that away before the rains come, still months to go yet and 5,000tn isn't a large amount to mine from surface. Looking forward to seeing the maiden JORC and eventual scoping study for the two main discoveries. Grades remain excellent.

Regards,
Ed.

[thelung] 21/5/2018 10:10

Ed, looks like we might get the 5kt sample to port this season if the rains don't come too early. I'm just expecting Ngoualana to be included in the initial JORC but Sogola-Baoule might earn its place as well. Boumou and Bougouni South will whet the appetite for start of next season and a second revised JORC possible in early 2019+

[edgein] 21/5/2018 09:57

Thelung,

Definitely, now over 1000m strike and continuing, should bode very well for the resources here. Still remarkably high grades being uncovered and another 39 holes to assay. Starting to drill more targets too as well as get that bulk sample sorted. Its full steam ahead.

Regards,
Ed.

[goneawol] 21/5/2018 09:57

with maps...

[thelung] 21/5/2018 09:46

Nice update.

[goneawol] 11/5/2018 16:44

UK Investor Show...