Kodal Minerals Share Discussion Threads

[wasntreallysurewhatwasgoingon] 21/7/2020 14:37

One ramper is even unclear where Mali is lol

[backinblack80] 20/7/2020 23:40

Hyper, I've no idea what the potential of the gold is tbh....currently zero?
They said recently that they had interest but this obviously has not come to anything.
All very much speculation and perhaps desperation......
What's your view on what I've said in my previous post?

[backinblack80] 20/7/2020 22:34

Hyper, nope, I'm not blind.....
KOD have a very low grade FS showing a tiny resource and their LOM is backed-up, partially, by inferred resources, not good. They failed to produce any reserve at all and it appears the FS requires a lot more work and expansion.SC have not taken part in recent funding...not exactly confidence building. Recent funding also a major worry. So why are you such a fan and how do you think KOD will garner investment at a level which will be advantageous to PIs when they have no DFS or a reserve?

[steel86] 20/7/2020 22:32

Hyper by name...

The info is out in the public domain, but the fact they've just got £1.5m in funding at a rate of nearly 10% is raising eyebrows. Its either a panic investment or confidence they can pay it back. What you saying?

[backinblack80] 20/7/2020 22:10

Hyper Al, you think Kodal is a good investment? If so, why?

[its top up time] 13/7/2020 11:48

And then you have the Covid crisis in Algeria next door, breathing down their neck.


All in all, a great time to be buying Kodal Minerals. They need the lithium mine and things can only get better, as the booming youth population take to the streets of Bamako demanding change.

[its top up time] 13/7/2020 11:46

Tough times in Mali:

[dazaliam] 08/7/2020 15:01

C1 costs will push-out production beyond h1 2022. funding reliant on suay chin. If they don't cough up then the dfs route is long and expensive!

[steel86] 08/7/2020 13:42

Expected sooner than 20 months. I know its not a short term return mind. Waiting game I suppose. I'll keep an eye on any updates.

[backinblack80] 08/7/2020 13:23

Circa 20 months till full production and that's subject to them getting finance (and ML)....In the meantime, they want to start looking at the gold assets so likely lots of dilution on the way....

[steel86] 08/7/2020 13:08

So we can expect a rise in the share price as soon as production gets going? No end in sight with this virus though, could be waiting a while.

[scars] 08/7/2020 12:50

When is production projected to start?

[its top up time] 08/7/2020 12:49

Are you joking? Virus permitting, they are working flat out to get into production, asap.

[steel86] 08/7/2020 09:31

What do you mean by 'light the blue touch paper'? From the info I have up here, nothing has changed. The AGM was passed as expected. But no other movement.

[its top up time] 06/7/2020 17:28

Waiter waiter, my coffee looks like mud!

You are lucky Sir, it was ground only ten minutes ago.

[dazaliam] 06/7/2020 17:10

nothing whilst it's in the ground!

[its top up time] 06/7/2020 14:19

More importantly, how much is the Lithium worth, and the Gold?

[wedgie74] 06/7/2020 14:15

I dont know where you got your figure but why would you get out if the placement price is 0.35p when the current share price is 0.05p ??

[its top up time] 06/7/2020 13:52

Light the blue touch paper!