Kodal Minerals Share Discussion Threads

[donald trumpton] 30/9/2020 12:58

Patience friends. Patience!

Very, very early days yet. Not the earliest of days, but early enough!

[still waiting] 30/9/2020 12:58

fantastic chart..

if we get news now....

.2p on the chart pattern looks doable.

[master rsi] 30/9/2020 12:49

Moving ahead as the bid goes to 0.075p just now
and 2M buy 2 minutes later

[still waiting] 30/9/2020 12:49

rise accelerating now..

could be top gainer today.

[julianw2] 30/9/2020 12:48

Wow this is becoming a very good day indeed.

[still waiting] 30/9/2020 12:09

12m buy

nice

[noirua] 30/9/2020 11:52

Kodal looks to lithium production in rising price environment BUY News that Sinohydro are looking at financing and engineering the developing Kodal’s Bougouni lithium project is great news for the company.

The MoU between Sinohydro and Kodal gives Sinohydro a six-month exclusivity to complete its review and close a financing package for the mine.

Sinohydro are working with Suay Chin and Shandong Ruifu who process spodumene concentrate into lithium products in China.

Eranove a French electricity producer has locked in Sinohydro as the site constructor for the Kénié hydropower project in Mali which could provide green energy to Kodal in future years to meet the drive for environmental production. Lithium: demand for lithium is rising in China with sales of electric vehicles continuing to grow market share.

New NMC811 batteries with greater range and faster charging capacity are likely to drive further demand particularly for SUVs and larger EVs.

The European Commission put Lithium onto its critical raw materials list highlighting the vulnerability of new European battery manufacturing to Chinese supply as the Trade war tensions between the US, China and Europe ramp up.

We see lithium carbonate prices rising with new battery manufacturing output as the world emerges from the COVID-Crisis with lithium prices likely to double from here over the next few years.

Kodal minerals will hopefully start production into rising prices.

Forecast payback period of 1.7 years; IRR of 58% (51% post tax). Pre-tax Project NPV7% of approximately USD$300m (NPV7% USD$200m post-tax).

We see significant potential for a supply squeeze with the potential for European battery factories being squeezed out of a number of critical raw materials particularly due to Europe’s lack of processing capacity.

Kodal Minerals is fortunate to have a high-grade lithium in spodumene project in a mining friendly region.

The lithium concentrate from Bougouni has been demonstrated to be suitable for the furnaces at Shandong Ruifu making this a preferred project from a Chinese perspective.

[noirua] 30/9/2020 11:39

Kodal Minerals’ primary focus is on the immediate exploration and definition of the lithium mineralisation at the Bougouni Project in Southern Mali – an emerging lithium province which has already attracted the attention of investors and off-take partners seeking to secure long-term supply of strategic commodities including lithium.

9 September 2020

[still waiting] 30/9/2020 11:05

.80p coming under pressure.

[still waiting] 30/9/2020 11:00

possible.

offer creeping up now.

[donald trumpton] 30/9/2020 10:57

..or French?

[donald trumpton] 30/9/2020 10:56

Why not a Mali approach?

[still waiting] 30/9/2020 10:50

yes or a Chinese firmed up approach..

[steel86] 30/9/2020 10:48

License news coming in the short-term or as the government are in its kind of obvious?

[daar] 30/9/2020 10:42

Easy target on license news!

[still waiting] 30/9/2020 10:27

buying interest def. picking up...

[zxie] 30/9/2020 10:09

0.20p+soon

[zxie] 30/9/2020 10:09

Strong Buy

[still waiting] 30/9/2020 10:02

cheap ones being snapped up.

[still waiting] 30/9/2020 09:17

its at rock bottom...

[steel86] 30/9/2020 09:16

Have I missed the top-up boat?

[still waiting] 30/9/2020 09:10

nibbles continue.

[daar] 30/9/2020 08:37

I reckon twitter crew is loading and they will start pushing this in a few days time. Let's see

[daar] 30/9/2020 08:23

Back to 0.15p?