Kodal Minerals Share Discussion Threads

[andy] 22/4/2020 14:15

BIB,

Exactly, gold's the place to be right now.

[backinblack80] 22/4/2020 11:31

"It's better sitting on a KOD than an oilie just now"

lol Hyper.....comedy gold.

[andy] 22/4/2020 11:13

Hyper,


"Oil is dead?"


How many ICE's are there in the world?


I think it's the opposite actually, cheap oil prices are a threat to lithium, not the other way around.

[swiss tony] 22/4/2020 10:18

Oil is dead? The world is awash with the stuff, cheaper than ever.
Comparing something bad with the worst thing out there, brilliant strategy.
The next leg down in general will be the brutal one.People are slowly realising that empty gyms, restaurants, gig venues, etc. are going to have a way bigger impact on the economy than first thought. Especially since it won't be 2 months then back to normal.

[dazaliam] 19/4/2020 09:19

thanks Andy, I didn't know that!

[andy] 19/4/2020 08:36

daz,


This is the clickable link:





You need to change the 'xx' to 'TT' in the URL and it will be clickable.

[cpap man] 16/4/2020 13:20

Kodal Minerals* (KOD LN) 0.03p, Mkt Cap £3.4m – Licences renewed in Cote d’Ivoire

Kodal Minerals reports the renewal, until April 2023, of its Dabakala and Korhogo gold exploration licences in Cote d’Ivoire.

Dabakala is located in central Cote d’Ivoire in an area where Kodal Minerals has defined a new and extensive geochemical soil anomaly up to 800m wide which extends for a strike length of around 10km and where field geological mapping and artisanal mining activity ʺfurther defines zones of interestʺ.

The company explains that Dabakala ʺis at an early stage, with no previous drilling occurring within this zone. Further work is required to determine the potential for economic gold mineralisation to be defined.ʺ The licence renewal provides time for this follow-up exploration.

At Korhogo in the north of Cote d’Ivoire, ʺseveral phases of geochemical sampling have defined surface gold anomalous zones extending for over 2km in strike and up to 600m in width. Further exploration is required to review these targets and prioritise further work.ʺ

Conclusion: The renewal of exploration licences at two relatively early stage gold exploration projects provides Kodal Minerals with time to follow-up promising geochemical ratgets at both Dabakala and Korhogo. We look forward to further news of the exploration when work can resume after Covid19 related restrictions are eased.

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

[cpap man] 16/4/2020 09:40

Hybridan Small Cap Feast: 16-04-2020

Kodal Minerals 0.0325p £3.6m (KOD.L)

Kodal has received confirmation that the exploration licences for the Dabakala and Korhogo concessions have each been renewed for a further three-year term, expiring in April 2023. In addition, the Company provides an update on activity on the Resolute Joint Venture. Exploration drilling has been planned for the Nielle project, located in the north of Côte d'Ivoire, to follow up on the gold mineralisation that was defined in previous drilling. Due to the outbreak of the COVID-19 virus, exploration activity planned by Resolute for Côte d'Ivoire is currently postponed and is not expected to re-commence until after the wet season towards the end of this year.

[dazaliam] 11/4/2020 07:28

hmmm... maybe I could have phrased that better lol :)

[backinblack80] 10/4/2020 18:47

'desperate pump' lol....oh, the connotations abound...

[dazaliam] 10/4/2020 17:55

If there was any leaked inside news the share price would be higher, it was just a desperate pump!

[cpap man] 10/4/2020 09:25

Yes Andy like the rest of us....as we are not allowed out....STAY AT HOME / HELP THE NHS / SAVE LIVES

[andy] 09/4/2020 23:19

Why not share it?


Or are you inside?

[andy] 09/4/2020 20:45

Skynet,


What was big?

[skynet2000] 09/4/2020 01:04

Big day!!!

[backinblack80] 08/4/2020 19:21

Probably a cup of tea...it's likely all they can afford. Unless BAs got the still out.

[skiboy10] 08/4/2020 15:43

Kodal Minerals puts financing agreement in place

Kodal has several years of experience operating in Mali
Kodal Minerals PLC -

Kodal Minerals PLC (LON:KOD) is raising new money via a financing agreement with Riverfort Global Opportunities PCC Limited and YA II PN Ltd.

The company has limited working capital and, therefore, the board has determined that the financing facility with Riverfort is in the best interests of the company and shareholders.

Although the monthly payments to the company under the facility are variable, it is expected to provide sufficient monthly funding for the company to operate at the limited capacity and reduced budgeted costs it has outlined previously.

Riverfort and YA have subscribed for 1.4bn Kodal shares at a price of 0.035p, raising £500,000.

The subscription proceeds will be used immediately to satisfy the company's obligation to pay £500,000 to the investors to enter into an equity sharing agreement, under which the Investors shall make monthly cash payments to the company for a period of 12 months.

Kodal Minerals continues to pursue its mining licence application and the company has maintained communication with the Mali government to determine when the next meeting will be called to complete the Financial and Ministerial review. Kodal has completed all information to be submitted.

The government of Mali has restricted international travel and closed its borders to people travelling from countries with coronavirus infection.

In light of the travel restrictions, the company said it cannot at this stage provide guidance for the timing of the meeting or the overall mining licence application process.

The company has also announced that directors will be paid in shares rather than cash for all fees owing over the past six months.

[dazaliam] 08/4/2020 11:01

cyril, coz they are idiots looking at share price without doing DD!