Kodal Minerals Share Discussion Threads

[brut winky] 23/6/2021 00:11

We will have to agree to disagree, i'm just using Bernie's stated numbers.

[theaviator] 22/6/2021 23:58

13k a tonne approx at moment mate. 100mt.....Prices will rise....Fine costs... Will send tomorrow as knackered but.... Much higher profit than you imagine imho

[dz30700] 22/6/2021 23:54

This has GGP written all over it. I was in there at 0.90. Gla

[theaviator] 22/6/2021 23:49

Yes I've two accounts. Mine and she who must be obeyed. That's why she's much richer than me LOL

[brut winky] 22/6/2021 23:45

Can't trade hogs i'm vegan.

[peaky00] 22/6/2021 23:43

In C888 we trust

[brut winky] 22/6/2021 23:43

You've been trading your shares all the time, you sliced some last week, your 0.8 shares are pooled with the rest. Unless of course you have them in a different account, as for £500m the value of the lithium to share price is ludicrous, they expect a 30% profit margin and half of that will probably be kods, then take off capex and kod nets £120m or around there at todays lithium price.

Gold is currently value at £575m without checking and now could be billions and is the only reason Riverfort back a new gold company, Kod could go to £500M on a super pit and that about the only way.

[theaviator] 22/6/2021 23:36

Ps if you wanna trade start trading Dow and Lean Hogs with me for the buzz LOL :)

[theaviator] 22/6/2021 23:18

You still don't get the value of the lithium Brut and what it will bring in for the company. It's categorically not true that it is "priced in". You bought today again in the 40's. I will hold my .08 shares until I perceive fair value and it isn't anywhere near for the Lithium alone! I dont give a stuff if they go down because I will also buy more because news flow has not finished yet...It's a similar situation at Sres where we have the New Perl area. Once these initial reserves are ready to go, these companies want to have all and as much at hand and quick. Its fantastic because the claim is staked and they aren't being pressed for the finance so they can dig it on demand and they already know from the %Li what they have. The selling today early doors btw gave me a great opportunity so thanks for my new shares :)

[dmitribollokov] 22/6/2021 23:12

Yep cool av - expect there should be way more from BW, just making sure they aren’t missing the hurdles to keep it, can’t find any chatter on it.

[brut winky] 22/6/2021 23:10

Anybody fancy some risk check out Ironveld with some of your profits, cheap as chips and once an investor is on board you will see multiples on your investment.

[antonagis] 22/6/2021 22:48

More words of wisdom from our lucky mascot 12TOES while sitting in her caravan stealing WiFi from her neighbours. As for this dropping to 0.0030, that’s still a fantastic return on the initial investment for most of us here.

[brut winky] 22/6/2021 22:43

Exactly, how much is left for FCF, especially when half of it will be for an investor, it's the gold that's driving it now, iv'e bagged over 3.75x of all what iv'e invested and don't expect that much from the lithium from here, 100% from here gives another 3x, certainly wouldn't be complaining, but also personally would be a bit rich from there.

But the prospect of a super pit is a game changer and is what i'm now really interested in and if you check my posts going back from the podcast before the last have saying that it looks be better than is thought by how he was acting, now potentially it's tens of billions and highly likely more than the lithium worse case.

Also, you know as well as i do how far in iv'e been and still am for what my portfolio is worth, your 70% cash i'm currently 0.05% or all in.

IRONVELD is more attractive from here if it wasn't for the gold, they have more value in the ground and are 10% the value. or about where KOD was when i first started buying in the single digits.

[theaviator] 22/6/2021 22:37

Hi Dmitri, this will happen in due course and you are correct. Many of these companies have a further exploratory area to continue to prove up and at hand once initial is sorted.."The Company will undertake detailed reconnaissance mapping to follow up known pegmatites and seek undiscovered pegmatite outcrops within the project. There are also a number of geophysical anomalies defined from existing datasets, which represent priority targets for on-the-ground follow up mapping and sampling.The intention of the Company is to advance exploration efforts rapidly in order to prove-up a JORC compliant mineral resource estimate."

[12toes] 22/6/2021 22:25

Expects the same again to the share price tomorrow - going back under 0.40 It's gonna go mid 0.30s and stay there BWAHAHAHA

[dmitribollokov] 22/6/2021 22:00

What’s happening with regards to the bougouni west project and the hurdles they had to do in terms of exploratory costs etc. I’Ve been going through old RNSs, It seems like they haven’t hit the requires hurdles. I can’t remember seeing anything from the company or have i missed something? They had certain timeframes to invest? I can’t find any communication regarding it.

[theaviator] 22/6/2021 20:31

The damn plant costs 84million alone mate for God's sake lol Would you go to all that trouble for 64mil MC fair value????! LOL.....

[theaviator] 22/6/2021 20:28

And you think 64ml MC is priced in????!?!?!?!?!!!!!!!!!!!! Not in a million years mate.

[theaviator] 22/6/2021 20:26

It's not rocket science... Re Bambara you only have to look at the figures!! Kodal has the right to purchase the remaining 20% holding of Bambara for:£500,000 cash payment; andGranting of a 2% Net Sale Royalty.  The net sale royalty will be based on the sale price received by Future Minerals for lithium concentrate at the point of export and on the net smelter price of any other mineral commodity recovered.

[theaviator] 22/6/2021 20:21

You think the Lithium only deserves an 64ml MC Brut?! Seriously???! Combined with Bourgoni West!? Our grades a superb! Remember the deal will be done with a down payment for a percentage then a share on profits or royalty... Definitely NOT priced in. I'd value it at 500ml off the bat to Kod minimum!Now we come to the gold..... Will have a better idea shortly but worst case another 500ml and that's low low ball as we think we could have a monster. You only have to compare the grades and sizes with other pits to realise...Personally I think more and I think Bernie is in Mali to tell them what a monster is on our hands.That's my take and am sticking to it.

[zxie] 22/6/2021 20:12

Toes can I call you dog