Kodal Minerals Share Discussion Threads

[dmitribollokov] 15/6/2021 14:51

Got there in the end…!

[zxie] 15/6/2021 14:50

Nice rise today

[skiboy10] 15/6/2021 14:42

Kodal Minerals* (KOD LN) – 0.29p, Mkt cap £47m – Ganfeng to pay US$130m for 50% stake in SPV in Goulamina lithium project

CNA report that Ganfeng is to pay $130m for a 50% stake in a special purpose vehicle set up by Firefinch (Formerly Mali Lithium).

Kodal Mineral’s Bougouni Lithium Project is directly adjacent to the Goulamina project.

Kodal and Firefinch also have a cooperative agreement to work together on the projects to share elements of infrastructure.

Conclusion: The deal on Goulamina has a clear read across to the value Kodal’s Bougouni lithium project which is directly comparable if not superior in metallurgical quality to Goulamina.

*SP Angel acts as Financial Advisor and Broker to Kodal Minerals

[brut winky] 15/6/2021 13:48

Fool dog barking no reason about start flying

[zxie] 15/6/2021 11:13

12 dog barking time

[12toes] 15/6/2021 11:10

Why do you keep lying We have recorded your posting

[zxie] 15/6/2021 10:05

licence news

[dmitribollokov] 15/6/2021 09:33

and not forgetting the MOU we have with Mali with (now firefinch)

"Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

29 January 2020

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



MOU signed with Mali Lithium Limited to explore synergies for the development of the Bougouni Lithium Project



Kodal Minerals, the mineral exploration and development company focused on its Bougouni Lithium Project in southern Mali, is pleased to announce it has signed a Memorandum of Understanding ("MoU") with Mali Lithium Limited ("MLL"), an Australian Securities Exchange ("ASX") listed company looking to develop the Goulaminia Lithium Project located proximal to Kodal Mineral' Bougouni Lithium Project. The MoU is for general cooperation and investigation of synergies in the development of their respective projects.



The two companies recognise the potential to improve the development of each project through the sharing of certain infrastructure and operational support and under the MoU, will review the following key areas for cooperation:

· pre-development, sharing facilities in the closest town of Bouguoni, where both companies currently have separate facilities to support exploration and fieldwork;

· establishment of common workshop, servicing, storage and catering facilities;

· establishment of common supply chains for spares, reagents, fuel and other consumables;

· joint strategy for transport and shipping; and

· joint approach to community development.



In addition to exploring operating synergies, the companies intend to negotiate an access agreement for the N'Kemene Ouest and Mafele Ouest concessions ("Bougouni West Project") that are owned by Kodal Minerals via the Bamabara option agreement.



Bernard Aylward, CEO of Kodal Minerals, remarked: "Following the completion of our Feasibility Study and the lodging of our mining licence application for the Bougouni Lithium Project, Kodal Minerals is continuing to work on optimising and improving its development. Kodal Minerals recognises that the potential synergies of development with MLL can have significant beneficial effect on the development capital required as well as ongoing operating expenses throughout the life of mine.



"The two companies are operating in the same region of Mali and intend to develop similar lithium mining operations. It makes strong sense for the companies to work together where possible to improve the operations and financial return on the projects."

Doesn't take Columbo to figure out that this is hugely positive for us...

[bullrun1] 15/6/2021 09:25

Indeed.. GLA

[dmitribollokov] 15/6/2021 09:23

Little stop loss shake there. The more one digests this fire finch news, the more it seems ridiculous that the share price isn't moving north pronto. Think the Inverse H&S plays out and takes this to low 0.4s even without further positive news. Game on. That is serious money being spent just up the road.

[dmitribollokov] 15/6/2021 07:05

Yep skiboy, the goulamina news is huge for us. Chinese willing to part with 150m to secure half of the mine right near us. Shows mali is open for biz. Don’t forget, we also got the extra acreage over goulamina’s owners which were then called birimian - before they changed to mali lithium and then firefinch…

[skiboy10] 14/6/2021 23:08

Ganfeng Lithium to buy 50% of Mali mine for $130 million
Cecilia Jamasmie | June 14, 2021 | 10:11 am Battery Metals Africa Lithium

[theaviator] 14/6/2021 17:31

Happy days. Sorry been running about today. It'll come...

[12toes] 14/6/2021 16:35

Zxie using his other aliases to recommend his postings Recorded

[12toes] 14/6/2021 15:48

If anyone one has lost money through zxie and his 5 aliases lies please let us know and we will provide evidence so you can take action against this sicko

[dmitribollokov] 14/6/2021 15:17

Inverse H&S, breaking the neckline would take it above 0.4p

[12toes] 14/6/2021 15:02

Just gone down you freak

[zxie] 14/6/2021 14:43

Moving up now news soon

[jungmana] 14/6/2021 14:37

We should get an rns this week. Nice shiny gold nuggets :-)

[valhalla3] 14/6/2021 14:31

Nice medieval castle turret formation appearing! Dyor imo $=#

[12toes] 14/6/2021 14:06

Zxie alias posing to another zxie alias One sick twisted individual