Kodal Minerals Share Discussion Threads

[cpap man] 30/11/2018 11:05

Must be Friday!!!!

[cpap man] 30/11/2018 11:03

TAKE OVER @ KOD?!?!?

[pegasus59] 30/11/2018 11:02

KOD will be suspended in December imo

[pegasus59] 30/11/2018 10:50

The takeover has already been agreed and thats why they are suspended.

[cpap man] 30/11/2018 10:35

Birimian Limited (BGS AU) – Suspension continues on ASX

Kodal Minerals* (KOD LN) 0.16p, Mkt Cap 12m

Birimian Limited report the company continues to review their activities while the stock is suspended on the ASX.

The suspension which started on the 13 November is unusually long for an ASX company and coincided with the resignation of two directors.

The resignations followed the expression of views on the future of the company by a group of company shareholders.

It appears a group of shareholders were unhappy at a lack of technical progress with the project which has a large 103mt resource grading 1.34% lithium.

hxxp://birimian.com/pdfs/BirimianCorporatePresentation08Oct18.pdf

Conclusion: While it is all very well for companies to sit and wait for takeover offers to roll in, it is equally important for directors to advance and add value to their operations. The de-risking of a project through its definition, construction and delivery on even a small scale is normally seen as value accretive by investors.

SP ANGEL STOCKBROKERS

[dmitribollokov] 29/11/2018 07:41

Yeah the BoE nailed it last time with their predictions of mkt reaction to a ‘leave vote’, charlatans...

[cpap man] 28/11/2018 10:55

dmitribollokov27 Nov '18 - 22:14 - 1001 of 1001

This will have a multibag week or two weeks in no time, that’s not rampy, it’s just massively undervalued. Look for stocks in the wild west of AIM that underpromise and overdeliver, that also have solid funding. This is one of those stocks.

[cpap man] 26/11/2018 11:20

Kodal Minerals* (KOD LN) 0.16p, Mkt Cap £12.3m – Bougouni Lithium assay results follow appointment of project manager

Kodal Minerals report assay results for an additional three diamond drill holes at the Boumou prospect located on the Company’s 450km² Bougouni Lithium Project in Southern Mali. Lithium reported pegmatite intersections assay grades up to 3.54% Li2O for individual samples and 6.5m @ 1.42% Li2O and 1m @ 2.07% Li2O.

Diamond core drilling at the Bougouni prospect targeted both the ‘northern̵7; and ‘southern̵7; zones, with exploration returning lithium mineralisation supporting early surface geochemical sampling returning assay results of over 2.0% Li2O.

The Boumou prospect is characterized by multiple lithium mineralised pegmatite veins with an overall strike trending east-northeast/south-southwest and dipping to the north. The diamond core holes are confirming our geological interpretation and highlighting areas for additional targets for drilling.

The Boumou prospect will be targeted by RC drilling in the next campaign with a focus on continuing to expand the mineralised zone and define mineralisation with potential to support open pit mining. CEO Bernard Aylward adds “we are pending additional results from the diamond core drilling and have commenced the RC drilling that will continue through to Christmas and we expect regular newsflow over this period”. Diamond core drilling also continues at the Sogola-Baoule prospects with a focus on mineral resource definition and extension.

Kodal are also pleased to announce the appointment of Mr. Steven Zaninovich as the Project Manager; a highly accomplished senior executive in the resources sector with more than 25 years’ experience encompassing all phases of mine development. Mr. Zaninovich's most recent experience has been with the delivery and successful commissioning of ASX-listed lithium producer Tawana Resources Ltd.'s Bald Hill Lithium Project in Western Australia. His appointment reflects the Company's transition into the development phase as it targets initial production from Bougouni in 2020.

Moving into a full-time role within three months, Mr. Zaninovich will be responsible for all aspects of the development including planning, licensing, design, construction and commissioning.

The company has entered into a warrant agreement with Mr. Zaninovich for up to 180 million warrants. If the warrants are all exercised it would result in the issue of 180 million new ordinary shares which represents approximately 2.34% of the current issued share capital of the Company.

*SP Angel act as Financial Advisor and broker to Kodal Minerals. A partner at share price Angel acts as Chairman to the company.

[greatfull dead] 26/11/2018 09:19

Good RNS.....

ATB,
GD

[10p here we come] 26/11/2018 08:45

Thanks Hyper Al. The future looks bright.

[cpap man] 26/11/2018 08:40

KOD bless you all!!!!

[cpap man] 26/11/2018 08:10

LOL and it is NOT even a FRIDAY - go KOD go!!!!

[cpap man] 26/11/2018 07:55

"We are pending additional results from the diamond core drilling and have commenced the RC drilling that will continue through to Christmas and we expect regular newsflow over this period."



Sounds like we'll all have to stay sober over the upcoming holidays as KOD are going to remain extremely busy!!!!

[cpap man] 26/11/2018 07:52

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining



26 November 2018



Kodal Minerals plc ('Kodal Minerals' or the 'Company')



Further Diamond Core Intersections, Boumou Prospect,

Bougouni Lithium Project, Southern Mali



Kodal Minerals, the mineral exploration and development company focused on the Bougouni Lithium Project, is pleased to report assay results for an additional three diamond drill holes at the Boumou ("Boumou") prospect located on the Company's 450km2 Bougouni Lithium Project in Southern Mali ("Bougouni").



Highlights

· Diamond core intersections at Boumou prospect continue to return multiple mineralised pegmatite intersections including:

o 6.5m at 1.18% Li2O from 64.0m and

6.5m at 1.42% Li2O from 80.5m and

1.0m at 2.07% Li2O from 131.63m all from drill hole KLDH010;

(Note all depths are downhole depth, and true vertical depth will be shallower or closer to surface)

· Assay grades up to 3.54% Li2O returned for individual samples within the mineralised pegmatites;

· Diamond core drilling continuing at the Sogola-Baoule and Boumou prospects on site;

· Reverse Circulation ("RC") drilling continuing with a focus on mineral resource definition and extension at the Sogola-Baoule prospect.



Bernard Aylward, CEO of Kodal Minerals, said: "The Boumou prospect continues to return high grade lithium mineralisation from the close spaced multiple pegmatite veins. We are continuing to drill at this prospect to define the pegmatite zones as well as extending the mineralisation. We are pending additional results from the diamond core drilling and have commenced the RC drilling that will continue through to Christmas and we expect regular newsflow over this period.



"Our drill programme is an important part of our plans for development of the Bougouni project, and along with the recent appointment of our Project Manager, we are continuing to fast-track the mining development. We have maintained our discussions with the Mali Government about the Bougouni project to ensure that we are complying with all requirements for our future mining application."

[hyper al] 26/11/2018 07:32

Looking good. More good grades reported today!

10p here we come

You have to change the 'tt' in http into capitals, if you don't it will replace them with 'xx', done it for you.

[strongbuy] 26/11/2018 07:14

Wow, this could start to motor very soon🚀ㇴ1;

[10p here we come] 25/11/2018 13:59

The link won't paste on this occasion. But still, the article is worth finding.

[10p here we come] 25/11/2018 13:53

hxxp://www.investopedia.com/articles/personal-finance/042215/new-battery-technology-investment-opportunities.asp

[10p here we come] 23/11/2018 17:14

That's the plan I think.

[skiboy10] 23/11/2018 16:29

Looks good. Hopefully see a penny by 2020.

[the brex pistols] 23/11/2018 15:06

Volume's up, price is up.

No surprise!

[cpap man] 23/11/2018 14:50

Black KOD Friday