Kodal Minerals Share Discussion Threads

[hyper al] 23/3/2021 16:35

Just found out that Firefinch are spinning off their Lithium assets into a new ASX listed company Lithium Co see

[hyper al] 23/3/2021 15:28

Can't see share price going lower if placing was that over-subscribed.

[hyper al] 23/3/2021 15:26

From video interview "Placing had offers over £8m" That is oversubscribed by £4.5m!! That says it all. Investors want a stake!

[zxie] 23/3/2021 15:25

Boooom this Friday

[hyper al] 23/3/2021 15:14

Firefinch's Goulamina Lithium Project :-


I quote from the above link "World Class:

Average Spodumene concentrate production of over 436,000 tonnes per annum of concentrate places Goulamina as one of the largest lithium developments in the world"

Could Kodal get it's hands on this?

Firefinch want to concentrate on Gold,"However, Goulamina is now under strategic review given the current lithium market. The focus is squarely on Morila, given that Mali Lithium's share price has soared from a seven-year low of 4 Australian cents per share in April to a two-year high of 22 cents on Oct. 21 following an Aug. 31 announcement that it would buy 80% of Morila."

[zxie] 23/3/2021 15:14

https://www.youtube.com/embed/P-MJk78FH0E

[hyper al] 23/3/2021 14:59

Kodal also have a JV with Resolute

Mali Lithium is also looking for deal with Resolute from my link in last post "In the coming months, Mali Lithium will consider a strategic partnership with Africa-focused midtier Resolute Mining Ltd., which took a strategic investment via the share purchase plan, according to Cowden."

Is Resolute the middle man?

Will Firefinch get the Gold and Kodal get the Lithium?

Who knows?

But this is certainly getting my brain in a spin!

[hyper al] 23/3/2021 14:46

Just doing a little research!!!!

Kodal have a MoU with Mali Lithium see RNS 29 Jan 2020

just found this recent news concerning Mali Lithium



Mali Lithium Goulamina project is next door to Kodals Lithium deposit

I ask the question, why is Mali Lithium moving out of Lithium as Lithium price is rising again?

Just a thought, but no evidence, but could Kodal get it's hands on the huge Goulamina deposit. Maybe Kodal could hand over it's Gold for Goulamina

These are just ideas, but looking at that Mali Lithium news, Mali Lithium seem more interested in Gold, they have even removed Lithium from their name which is now Firefinch. I quote from above link "Mali Lithium, rebranded as Firefinch Ltd., is buying the Morila gold mine in Mali from Barrick Gold and AngloGold Ashanti, with the deal to close on Nov. 6."

So maybe the Goulamina Lithium deposit is up for negotiation.

Maybe something big is brewing. Who knows?

DYOR, IMHO, not investment advice

[zxie] 23/3/2021 12:25

Bougouni Lithium Project in Mali - Following the expected grant of a mining licence by the Malian government, funds will be used to advance the Bougouni Project into production. Proceeds from the Placing will allow the Company to continue the review of engineering, processing and funding requirements for the project.

[mr woodland] 23/3/2021 12:22

Agree buy more

[zxie] 23/3/2021 12:19

Buy show red now . keep top up ?

[zxie] 23/3/2021 12:17

Licence update on Friday

[ministry of silly drops] 23/3/2021 12:15

It's not rocket science.

[ministry of silly drops] 23/3/2021 12:13

The Ministry is buying today.

[blackbear] 23/3/2021 12:00

Nah it's not them selling just general market sell off, support at 0.1 ill hoover up if it gets there.

[richardp19] 23/3/2021 11:56

Placing participants getting desperate now pumping away and selling their placing shares

[dmitribollokov] 23/3/2021 08:06

Cheeky 300mm before the bell...

[theaviator] 22/3/2021 22:34

Mine too LOL It's just too damn cheap and now NO CLNS...yeeehah!Catch you tomorrow mate.

[zxie] 22/3/2021 22:33

This is my weakness

[zxie] 22/3/2021 22:30

Yes rich soon kod

[theaviator] 22/3/2021 22:30

You will be gone at 1.50. I know you - can't hold your nerve haha ;)