Kodal Minerals Share Discussion Threads

[deltalo] 29/4/2016 08:56

I bought in as this is a steal. More news to come

[colin12345678] 29/4/2016 08:38

hope this just a few disgruntled people who want out I thought this would do well today?

[oilbuy] 29/4/2016 08:21

Market makers happy to take large sells.100% today would be very pleasant indeed.

[cpap man] 29/4/2016 08:05

Early in the day but i wonder if VAL & especially KOD could go up by more than 100%?

[oilbuy] 29/4/2016 08:03

Yep. More upside that risk.

[ileeman] 29/4/2016 08:01

Cap is small on KOD

where is the risk....

[cpap man] 29/4/2016 08:00

Kodal CEO Luke Bryan said, "We are excited to be acquiring IG Bermuda from Taruga and welcoming Bernard Aylward as our new CEO, which will enable us to capitalise on the strong exploration upside that we believe is available across its portfolio. IG Bermuda's projects are located in proven gold regions of West Africa underpinning their potential and we are pleased with the work undertaken during the period, which should deliver results in the coming months. We intend to continue with the strategy of ground acquisition and early low cost exploration to highlight the potential value of exploration projects followed by further detailed exploration alongside joint venture partners. We look forward to meeting with shareholders on 13 May 2016 where we hope we will finalise the steps necessary to complete our acquisition."

[cpap man] 29/4/2016 07:45

Yup oilbuy as KOD are as cheap as chips!

[oilbuy] 29/4/2016 07:41

Might see a bit of action today with that RNS

[cpap man] 29/4/2016 07:30

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

Notes Taruga Quarterly Activities Report



Kodal, the mineral development and exploration company, notes the Quarterly Activities Report for the period ended 31 March 2016 published today by ASX listed Taruga Gold Limited ('Taruga'), with whom Kodal has signed a conditional agreement to acquire 100% of Taruga's subsidiary International Goldfields (Bermuda) Limited ('IG Bermuda') ('the Acquisition') as announced on 7 April 2016. The Acquisition is conditional, inter alia, on the approval of Kodal shareholders at a General Meeting to be held on Friday 13 May 2016 of resolutions to enable Kodal to issue new ordinary shares to Taruga as consideration for the Acquisition. On completion of the Acquisition of IG Bermuda, Kodal will gain significant exposure to a prospective portfolio of gold exploration projects, which boasts attractive geology and existing joint venture and farm-in agreements in Cote d'Ivoire and Mali, West Africa.



During the quarter to 31 March 2016, IG Bermuda and its joint venture partners conducted the following activities across its licence portfolio in Cote d'Ivoire:



· Joint Venture agreement with Resolute Mining Limited ('Resolute') over the Tiebissou and Nielle concessions and the M'Bahaiko concession application: Resolute completed wide-spaced reconnaissance aircore drilling at Tiebissou, and stream sediment, soil and rock chip sampling at Nielle during the quarter with results forthcoming. The granting of the M'Bahaikro concession is progressing through the Cote d'Ivoire ministry.

· Farm-in agreement with Newcrest Mining Ltd ('Newcrest') over the Dabakala concession: Newcrest has commenced an auger drilling geochemical sampling programme to target the gold anomalous structures. Sampling is expected to be completed in the quarter ending June 2016 with interpretation and review of results to be completed prior to infill and further exploration.



In Mali, Taruga geologists completed field visits to the Nangalasso and SLAM projects during the quarter to undertake field review of areas proposed for exploration in the June quarter, and review activities of artisanal mining in the regions.



Kodal CEO Luke Bryan said, "We are excited to be acquiring IG Bermuda from Taruga and welcoming Bernard Aylward as our new CEO, which will enable us to capitalise on the strong exploration upside that we believe is available across its portfolio. IG Bermuda's projects are located in proven gold regions of West Africa underpinning their potential and we are pleased with the work undertaken during the period, which should deliver results in the coming months. We intend to continue with the strategy of ground acquisition and early low cost exploration to highlight the potential value of exploration projects followed by further detailed exploration alongside joint venture partners. We look forward to meeting with shareholders on 13 May 2016 where we hope we will finalise the steps necessary to complete our acquisition."

[markten33] 26/4/2016 18:15

I think a recommendation for my next 10 bagger is BODIt is now up over 130 per cent over the past month

[cpap man] 18/4/2016 08:30

SP Angel Corporate Finance LLP ("SP Angel" or the "Firm")

SP Angel Transaction Update and New Senior Corporate Finance Directors Appointments - Lindsay Mair and Richard Morrison

SP Angel, the privately owned investment banking partnership, has made an impressive start to the New Year, concluding several notable transactions for its corporate clients, and has made important strategic hires to strengthen its corporate finance team.



SP Angel is delighted to announce the arrival of two senior corporate finance directors. Lindsay Mair, who was most recently a director and QE at Sanlam and has 20 years' experience in the AIM market focusing on the natural resources, property and consumer sectors; and Richard Morrison, with 16 years' experience in the AIM market, who joins us as a director from ZAI, where he was a QE advising clients across the TMT and Natural Resource sectors. The arrival of Lindsay and Richard strengthens the corporate finance team of the firm, supporting our position as the leading integrated nomad and broker in the Mining sector on AIM.



SP Angel has also completed a number of important transactions this year.



Away from the public markets, we acted as Financial Adviser to the vendor on the £23.75m sale of land with planning permission for a 110,000 sq. ft. Data Centre development in London, which closed in January 2016. In April 2016, share price Angel acted as Financial Adviser to Emissions Detection specialist Duvas Technologies Ltd, raising £2.25m of equity capital from Calculus Capital in a Series B round, to fund the continued commercialisation of the Duvas product range and ongoing development of its technologies.



In the resources sector, share price Angel has been involved in three transactions, acting as Broker to AIM listed FinnAust Mining PLC, a northern European mining company, on a £1m placing and to South American copper and gold miner, Metminco Limited, dual listed on ASX and AIM, on its A$1m equity fundraising. Finally in April 2016, share price Angel acted as financial adviser and broker to Kodal Minerals plc in relation to the announced acquisition of a portfolio of gold exploration projects in West Africa and a £680,000 fundraising, expected to close in May 2016.



Partner Ewan Leggat commented:

"The arrival of Lindsay and Richard underlines our ongoing commitment to the AIM market, and the transactions completed for our mining clients demonstrates that AIM continues to be a market which supports good quality growth companies in this sector. We are also pleased to have advised on non-public transactions and an acquisition, demonstrating the broader spread of our transactional expertise and sector knowledge."

[cpap man] 14/4/2016 21:33

KOD have plenty of cash for now scyther. Also the vendors are subject to a "lock in" for 2 years as per AIM rules/regs.

[scyther] 13/4/2016 12:03

Buying opportunity you say, Still need cash to further the assets even after all the dilution to get it.Plus you will have the vendors with a billion shares to sell first chance they get

[cpap man] 09/4/2016 09:15

KOD are as cheap as chips down here and therefore offering imho an outstanding buying opportunity.

[deltalo] 07/4/2016 20:54

Whats up with your leg? Hope it sported out for you.

[ride the wave 1] 07/4/2016 19:46

Leg is getting re-rated and the fundamentals are rock solid . Transformational news is due this month so read through the rns and make your own mind up because it will multi bag imho

Watch this CEO interview from 3 weeks ago :-



GLA

[cpap man] 07/4/2016 14:50

MKT CAP = £500,000

[ryan83] 07/4/2016 14:43

would it LM??

[cpap man] 07/4/2016 14:40

With GOLD up by nearly $20 now it could be a very good time to buy some KOD

[cpap man] 07/4/2016 09:30

"Kodal Minerals, the mineral development and exploration company, announces the proposed acquisition of certain gold exploration properties in Mali and Côte d'Ivoire from Taruga Gold"

[cpap man] 07/4/2016 09:26

RNS just out from KOD....

Kodal Minerals PLC
Proposed Acquisition, Board Changes & Fundraising
RNS Number : 4349U
Kodal Minerals PLC
07 April 2016

For full RNS please go to www.investegate.co.uk

[bentley43] 06/4/2016 15:50

Was everyone aware that the extremely talented Paul Johnson of Metal Tiger owns 3.5% of Kodal Minerals