Kodal Minerals Share Discussion Threads

[helmet1] 06/5/2021 15:34

12bn getting desperate now, looks like he'll be getting the sack soon, your paymaster won't be pleased as you can't keep the price down despite a lot of profit taking, oh dear !!

[12bn] 06/5/2021 15:31

I wonder if Kod will want to raise some cash while the share price is up? A placing at say 0.13p could happen,very risky imo.

[brut winky] 06/5/2021 15:30

rising more to come Bernie said gold coming

[zxie] 06/5/2021 15:29

Well done Kodal blue upward

[irpy] 06/5/2021 15:27

Yes it has charged its (Lithium) batteries during the day. LOL

[mr woodland] 06/5/2021 15:24

Go up again

[deanmatlazin] 06/5/2021 15:24

I think KOD will be in top 5 gains when market close

[irpy] 06/5/2021 15:24

Should be an RNS tomoz. FOMO will bring in even more buyers in to the close.

[mr woodland] 06/5/2021 15:24

Look like 2 billion volume today ?

[mr woodland] 06/5/2021 15:23

More news following week

[robinyou] 06/5/2021 15:22

Zinnwald Lithium is also 7th on the Leaders Board up 14%.
That makes 2 Lithium plays BCN and ZNWD in the top ten risers today.
Lithium in high demand now.

[zxie] 06/5/2021 15:18

Good volume again 0.20p+more news following

[brut winky] 06/5/2021 15:12

look at the volume again, it's just getting gobbled up, 50% rise looks odds on, Something is brewing.

[irpy] 06/5/2021 15:12

The Chinese might have to get their skates on for a bid to avoid any competition. Lithium in demand for the future.

[brut winky] 06/5/2021 15:07

No wonder it doesn't want to retrace, it really wants to go up 2x.

[deanmatlazin] 06/5/2021 15:06

Best to sell lithium asset to Chinese circa £200m and use the money to mine Gold

[brut winky] 06/5/2021 15:04

KOD's gold is currently valued at zero, and its Lithium around 15% of its NAV once mined.

[brut winky] 06/5/2021 14:58

Bacanora Lithium Plc is an AIM-listed (ticker 'BCN') lithium development company. The Company is focused on building, in collaboration with its major shareholder and offtake partner, Ganfeng Lithium (the world's largest lithium metals producer), a 35,000 tonne per annum open pit lithium carbonate operation at its flagship asset, the Sonora Lithium Project in Mexico. The Sonora Lithium Project has 8.8 million tonnes of lithium carbonate (Li(2) CO(3) ) equivalent resources, with an approximate 250-year resource life, as detailed in its December 2017 Feasibility Study.

Sonora Lithium Ltd ("SLL") is the operational holding company for the Sonora Lithium Project and owns 100% of the La Ventana concession. The La Ventana concession accounts for 88% of the mined ore feed in the Sonora Feasibility Study which covers the initial 19 years of the project mine life. On completion of this option exercise, SLL is now owned 50% by Bacanora and 50% by Ganfeng Lithium Co., Ltd. SLL also owns 70% of the El Sauz and Fleur concessions.

[deanmatlazin] 06/5/2021 14:57

Too cheap at this price

[deanmatlazin] 06/5/2021 14:53

BCN FS

s announced on 13 December 2017, a Feasibility Study ("FS") confirmed the positive economics and favourable operating costs of a 35,000 tpa battery grade Li2CO3 operation at Sonora. Using revenues based on a flat US$11,000/t for battery grade Li2CO3 over Life of Mine ("LOM"), which is significantly below the current Li2CO3 price range of US$16,000 - 20,000/t*, the FS estimated a pre-tax project Net Present Value of US$1.253 Billion, an Internal Rate of Return of 26.2%, and LOM operating costs of US$3,910/t Li2CO3. At US$3,910/t, Sonora would rank among the lowest cost producers of Li2CO3 in the world. The Bacanora Board of Directors believe Sonora is ideally placed to become a major supplier of battery grade Li2CO3 to fast growing industries, such as electric vehicles and energy storage. In line with this, detailed engineering design work is underway at the Project and further updates will be provided to the market in due course.


FS for BCN = NPV of $1.25billion with IRR 26%

FS for KOD = NPV exceed $1.4bilion with IRR 58%- see RNS

[brut winky] 06/5/2021 14:47

Massive, about 8.5mt, but the deal is for a twelve year licence at 30,000t pa, mines a lot further on.

[hyper al] 06/5/2021 14:43

How big is the bonchara lithium asset compared with KODs?

[mr woodland] 06/5/2021 14:34

0.20p paid Still good prices mate join in

[mr woodland] 06/5/2021 14:31

Every one know you fool here mate

[12toes] 06/5/2021 14:30

Another sad pathetic zxie alias