Kodal Minerals Share Discussion Threads

[dingo75] 14/1/2017 11:18

any dip will be quickly bought into.
I think you'll find the buying will be even stronger by certain entities wanting KOD

The Chinese or even the Australians may well both be buying to gain control of what is a deposit that will make the market cap worth well over £100m.

[kcowe] 14/1/2017 11:05

You are a strange person..... talking down a stock that you own lol.... bloody idiot .

[keya5000] 14/1/2017 10:37

That is a great post.

Potential of 8XBGS resource.

[kcowe] 14/1/2017 09:51

Very interesting from lotto hopes Lse Today 00:26I tried looking at the numbers of BGS vs KOD. BGS: 15.5MT at 1.48%---0.2294 (15.5 times 0.0148)

The three veins at KOD: let's take the median grade, and lowest tonnage.
Kola: 1.0-1.3%: 15-18MT--> 1.15% of 15MT--0.1725 (15 times 0.0115)
Ngouanala: 1.2-1.5% : 55-68MT--> 1.35% of 55MT--0.7425
Sogola: 2.0-2.1% 50-55 MT--> 2.05% of 50 MT-- 1.025

Note that the world bank figures for the BGS prospect was remarkably accurate for tonnage, but higher grades (15-18MT, at 1.8-2.2%)

Convert all this roughly in terms of equivalent LiO2 weight tells me our resource is 8.45 times that of BGS. This is simple maths, not a ramp. Numbers are indisputable. My maths may be wrong. Please feel free to correct me. Good luck all


backed by his second post
Longtimelisten: I got the tonnages from the Kodal RNS when they acquired the concessions last year. The numbers were world bank SYSMIN tonnage estimates. I compared those to world bank SYSMIN estimates in the BGS announcement when they purchased their property. Then I compared how BGS world bank figures looked next to BGS own estimates as they got to know the property.

After doing the numbers, I feel more confident about my investment. BGS also had a broker note describing tonnages when mined etc. I will keep reading as Li is a new mineral to me.....good luck all

Which i have looked at in the Kodal document below.

• Initial Potential defined by SYSMIN report:

strike length thickness depth grade Estimate
Kola 200 2 40 1.0 - 1.3%li20 15,000 - 18,000m3
Ngouanala 200 7 40 1.2 – 1.5%Li2O 55,000 – 60,000m3
Sogola 180 8 40 2.0 - 2.1%Li20 50,000 - 55,000m3
• Note initial field reconnaissance has demonstrated significantly greater strike length and width for veins.
• Kola pegmatite vein strike length >400m, width >20m
• Ngoualana pegmatite vein strike length >300m, width >20m
• Additionalparallelpegmatiteveinshavebeenidentifiedfurtherenhancingpotentialof area
• Potential increased from the initial SYSMIN conservative estimate
• Geological mapping and rock chip sampling underway

This has massive potential potential 8x BGS RESOURCE.

[pwhite73] 14/1/2017 09:40

adamB68

If there are commercial quantities of Lithium then a takeover will most certainly take place given China's stated plans on clean energy before 2020. What will not take place is 90% of the Chinese money going to mug punters leaving the BOD, their advisers and the city high and dry.

The Chinese or whatever company cannot buy on the sly when they have an intention to takeover over the company. They must announce their intentions right from the outset. Furthermore all holdings over 3% have to be declared.

However if misfortune were to hit the company and it went into administration a year from today the PLC would be worthless leaving the path clear for a private sale.

[toolsmoker] 14/1/2017 08:27

Off subject take a look at bnr .l its lithium company with small mkt cap its neighbour just got bought out for 100 million .has mines in same area .no brainer

[pwhite73] 14/1/2017 08:02

No the statement yesterday afternoon has killed the stock. You may get a residue rise as many here are claiming they will top up on any falls Monday morning but the trend is down.

What you are going to get from hereon is what you get in REM. A never ending stream of positive drill results followed by dilution to pay for the next positive drill results and dilution again to pay for the next positive drill results.

This is the AIM. What is not going to happen is the company, its advisers and the city engage in any takeover talks whilst 90% of the stock is held by people who once starred in a popular TV programme that had the signature tune:-

It's time to play the music
It's time to light the lights
It's time to meet the .......

[novicetrade68] 13/1/2017 23:22

Still wouldn't want to short it PWhite, sentiment,and especially positive, could still see this go a long way.

[pwhite73] 13/1/2017 23:20

One final point before I put my night dress on. Enough shares were bought over the last week to support another placing at 0.20p.

[pwhite73] 13/1/2017 23:16

pixi

Yes it does but what the city will not allow the Chinese to do is hand over £100 million to mug punters like yourself when they can carve up the money between the BOD and themselves.

The Speeding Ticket issued today would have been instigated from the AIM regulators not from the company. The company normally says it "knows of no reason for the shareprice rise and nothing has changed since 0X/0X/2017". But not this lot they went onto blabber on about no Chinese interest. Having just used the same Chinese interest to get away with a placing.

In my opinion Chinese interest remains in the whole Bougouni Lithium Project but not a single Yen will find its way into the grubby paws of any of you bumbling birdbrains.

[pixi] 13/1/2017 21:37

China wants high quality lithium in Mali on the cheap.

[euclid5] 13/1/2017 21:26

Cpap man,

The issue that manay are missing here, is that no co, large or small will make any offers until they prove up some resource figures. So once KOD prove up their license with the litium tonnage, don't expect a bid.

Once they do then it's going to be hopefully a quick Chinese takeaway for us all

[pixi] 13/1/2017 21:16

Strong volume from the off and a strong ending, word is spreading.

[cpap man] 13/1/2017 18:25

Yes absolutely Equity Growth but then unlike you i have been here at KOD since the very start of this mega share price rally!

[2nell] 13/1/2017 18:18

Not a bad week,roll on the results which should be very interesting.

[equity growth] 13/1/2017 18:13

Are you for real?

[cpap man] 13/1/2017 18:10

One final point for now and that is if Aussie listed BGS who as we all know are AIM listed KOD's near neighbour are under TAKE OVER threat from the CHINESE then as sure as night follows day KOD with more than twice as much LITHIUM licence area must also even it is still only informal currently....be under TAKE OVER threat from the CHINESE

Now there's a FACT....

[miahkaysor] 13/1/2017 17:34

Absolutely Jainvic!Good luck mate!

[cpap man] 13/1/2017 17:33

13 January 2017

Kodal Minerals plc

("Kodal" or the "Company")



Statement re share price movement



The directors of Kodal have noted the recent rise in the Company's share price and confirm that they know of no reason for this price movement. Noting social media speculation about possible Chinese interest in acquiring the Company or its projects, the directors of Kodal confirm that the Company has not received any such approaches and nor is it involved in any such discussions.



As announced on 9 January 2017, the Company expects to be able to announce the results of the reverse circulation drilling programme from its Bougouni Lithium Project in Mali by the end of January 2017. Further updates on the Company and its projects will be announced as appropriate.