Kodal Minerals Share Discussion Threads

[swiss tony] 07/4/2020 11:09

We called it Daz, I don't post on LSE any more, wonder where GFD and Ned are now?
I am convinced they are the same person, pretty sure Rahim is their reincarnation.
KOD are screwed, writing was on the wall a year ago.
BA is such a great salesman though, how he can convince new people to invest is incredible. Can they not see the previous fund-raises all the way up to what SC bought at?
This will be a firesale before too long...
Good luck mate, always enjoyed your honest posting, alongside Bib, james etc.

[dazaliam] 07/4/2020 08:37

everything on hold, 1.5b added to registry, cash position not improved, relying on investors to pay the bills!

[dazaliam] 04/4/2020 16:27

cyril, you state "mining license imminent", how so? It took 5 months for MLL without a global pandemic unfolding! Don't expect to see news on this front before September imo so given the limited cash I expect to see massive dilution in the coming weeks!

[andy] 03/4/2020 15:53

cyril,


You may well be right, but lithium was in an oversupply situation before covid-19 hit China, and now that they are back producing, I suspect the USA and Germany will be stopped, further depressing demand. I'm surprised JPM are bullish to be honest.


I agree it's all a punt as you say, but I personally think financing companies will be very challenging for quite a while after this crisis is over.


Kodal at this price could attract a predator of course, never say never, new holders would stand to benefit, long termers less so, unless they have averaged down.

GLTA

[cyrilsneer1] 03/4/2020 14:47

You're correct but it will probably be through the off-take partner they have on board.Jp Morgan have just gone bullish on lithium due to China bringing back EV incentives.It's all a punt, but what isn't these days.

[andy] 03/4/2020 13:56

Funding? In this climate?


That won't be a stroll in the park.....

[cyrilsneer1] 03/4/2020 13:29

Yes, no cash raise yet and mining license approval imminently. Once approved it's then down to funding.

[skynet2000] 03/4/2020 10:00

Anyone got any positive news on Kodal?

[thomstar] 20/3/2020 12:22

Whatever happened to kod n chips day

[swiss tony] 19/3/2020 08:53

I can't see any way back for KOD now. Such a shame, it was exciting share to hold once upon a time.
The only thing I will be buying in a few months time will be way undervalued companies with solid cash/revenues. Probably big US tech stocks actually, they are bound to survive and capital on all of this carnage...

[oshy92] 10/3/2020 15:14

Short TV clip with Kodal's CEO Bernard Aylward Filmed for interactive investor at last month's indaba and 121 mining conference's in Cape Town. (piece starts at 32 secs)
www.youtube.com/watch?v=IJw-h9QBh1g&t=12s

[dazaliam] 24/2/2020 19:25

Track ML progress here:



Application APL-I-2798

[djj2014] 24/2/2020 07:52

More positive news on the mining licence. Let's hope the share price keeps marking up.

[pecuniarum copia] 23/2/2020 11:01

February 20, 2020



...In a surprise move, China’s top battery manufacturer CATL will supply Tesla with lithium iron phosphate (LFP) batteries for Model 3 production at its newly built $2 billion factory outside Shanghai.

[dazaliam] 22/2/2020 16:34

Take a look at the disconnect between market valuation and project value!

MLL - MC $26m - NPV $920m = x35
AVZ - MC £228m - NPV $2.3b = x10
LTR - MC $214m - NPV $507m = x2.6
KOD - MC $9.5m - NPV $300m = x31.5

When the market believes that Mali can deliver then watch the gap close, upside advantage is with Mali! imho

[backinblack80] 20/2/2020 23:15

It certainly is looking pretty interesting. Boom or bust?

[adamfletcher1] 20/2/2020 08:20

I was just looking at topping up too.

[shammytime] 20/2/2020 08:08

I must say this looks pretty interesting...

[cpap man] 12/2/2020 11:02

Mali Lithium (MLL AU) A$0.082, Mkt Cap A$26m – new presentation highlights benefits of the Goulamina project

Kodal Minerals* (KOD LN) 0.058p, Mkt Cap £5.3m –

Mali Lithium have released a new presentation on their Goulamina lithium project in Mali.

The presentation highlights two possible routes to ports in Senegal and the Ivory Coast at Abidjan port

The PFS envisages bulk transport of 362,000tpa of spodumene concentrate by road to the Abidjan port at a cost of US$87/t.

This is slightly cheaper than Kodal Mineral’s cost estimate of $93.60/t to the port of San Pedro which we believe is a shorter distance than the port of Adibjan.

Trucks from the Perkoa zinc mine in Burkina Faso truck concentrate similar distances to Abidjan.

Mali Lithium and Kodal Minerals recently signed an MOU to explore synergies between Kodal’s Bougouni project and Mali Lithium’s Goulamina project

The idea is to share key infrastructure close to the two mine sites in Mali potentially saving an estimated US$100m in the process on the two projects.

hxxps://malilithium.com/pdfs/LithiumMineToMarketConferencePresentation12Feb20.pdf

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