Kodal Minerals Share Discussion Threads

[dmitribollokov] 16/6/2021 08:05

Will they try a quick shake before moving it up?

[timnicebutdim] 16/6/2021 07:55

How old are you? This is on a par with "I'm going to tell teacher"

[12toes] 16/6/2021 07:53

We know zxie has at least 4 aliases because when he writes total shyte he gives himself 4 recommendations It's all noted and logged and along with his other deception will be passed on to the authorities in due course

[dmitribollokov] 16/6/2021 07:27

$64m Capex for mine too. Good job we have an MOU of co-operastion with them. This news is massive, also shows what to expect for funding. It's game on in Mali.

[dmitribollokov] 16/6/2021 07:25

Firefinch and Ganfeng to jointly develop the Goulamina Lithium Project; Ganfeng to provide up to US$194 million of funding
• Binding term sheet executed with Ganfeng to establish a 50:50 joint venture to fast-track development of the world-class Goulamina Lithium Project in Mali in exchange for US$130 million of equity funding into the project
• Ganfeng to arrange debt funding of up to US$64 million to support project development1
• Ganfeng is the world’s largest lithium producer by production capacity with the technical
expertise and the financial capability to support Goulamina development
• Transaction is expected to substantially fund Goulamina’s capital cost to production2
• Detailed engineering and securing of long lead items to commence on closing of transaction and Final Investment Decision expected within 6 months thereafter
• US$2.5 million deposit paid into an escrow account
• Offtake agreement for up to 100% of spodumene concentrate product across the life of mine3
• Mali to benefit from becoming the first West African Lithium producer
Overview
Firefinch Limited (ASX: FFX) (Firefinch) is pleased to announce the execution of a binding term sheet (Term Sheet) with a subsidiary of the world’s largest lithium producer by production capacity, Jiangxi Ganfeng Lithium Co. Ltd (Ganfeng), to establish a 50:50 incorporated joint venture (JV) to develop and operate the world-class Goulamina Lithium Project (Goulamina) (Transaction).
Ganfeng will make cash investments of US$130 million (Subscription Amount). The funds will be invested into Mali Lithium BV (MLB), which will hold Firefinch’s interest in Goulamina and in return, Ganfeng will earn a 50% JV interest in MLB. These funds, together with up to US$64 million in debt funding, which is to be arranged by Ganfeng (Ganfeng Debt), are expected to fund Goulamina into production.1, 2

[theaviator] 15/6/2021 21:37

Onwards and upwards :)

[zxie] 15/6/2021 19:44

Number 12 fool

[12toes] 15/6/2021 19:25

Another lie - I going to laugh at you all day tomorrow Another one we are putting on the list

[zxie] 15/6/2021 18:12

Nice volume tomorrow 7am update

[hyper al] 15/6/2021 17:41

NIMBY debate in USA maybe forcing US Lithium users to look overseas.



Watch this space.

[hyper al] 15/6/2021 17:33

I just get the impression there is a lot of interest from across the water.

Who is hunting out value Lithium stocks?

[encarter] 15/6/2021 17:21

They could have but many did not and have now missed the boat to a potential 10 bagger.

[dmitribollokov] 15/6/2021 17:14

Weird, no UT again and last trade of 9m at 0.33p. Should march higher tomorrow regardless, but if there’s an RNS, would be lovely.

[12toes] 15/6/2021 17:04

Don't worry cos the share price is gonna double every 6 months Oh wait ..... BWAHAHAHA

[timnicebutdim] 15/6/2021 16:57

Have you considered getting a life?

[12toes] 15/6/2021 16:55

Back under 30p tomorrowWait and see BWAHAHAHA

[peaky00] 15/6/2021 16:50

Hello my pal of oldC888

[djj2014] 15/6/2021 16:04

Those that sold into last week's rise got >0.33 a share and then could buy back later in the week for

[dmitribollokov] 15/6/2021 16:02

Yep agree plenty of good news to come, perfect timing after this little run

[spacegazer] 15/6/2021 15:48

Pity some sell into any rise......don't they realise if they sit on their hands for a while they would be better rewarded????

[dmitribollokov] 15/6/2021 15:46

Come on let’s close through that 0.335p. Would be inverse H&S breakout and new high close, then straight to 0.45p next few days!

[altcoin] 15/6/2021 15:45

Up the KOD !

[theaviator] 15/6/2021 15:43

Should be some good news flow enroute too I should think.. Haven't had a minute past few days. Holding mine though