Kodal Minerals Share Discussion Threads

[professor_glennglad] 01/7/2021 14:31

IG definitely haven't switched off buying.

[irpy] 01/7/2021 14:20

So why don't you want it to go up and make yourself even MORE?

[12toes] 01/7/2021 14:12

I bought in then so I'm quids in BWAHAHAHA

[chesty1] 01/7/2021 14:03

Laughing at folk for buying at

12toes - 14 May 2021 - 13:25:41 - 3191 of 5290 Kodal Minerals -

KOD now 0.265p


Who is the tool!!! It ain't me buddy!

[12toes] 01/7/2021 14:00

FFS the buys are still going through you tool

[chesty1] 01/7/2021 13:44

IG have switched off buying...Guess we're going up!

[skiboy10] 01/7/2021 13:35

SP Angel Morning View

Kodal Minerals* (KOD LN) – 0.50p, Mkt cap £78m – CEO meeting with new Minister of Mines in Mali on Bougouni lithium project plans

Kodal Minerals report its ceo Bernard Aylward is meeting with the new Minister of Mines to discuss Bougouni lithium project plans in Mali.

Kodal recently received confirmation that the feasibility study and mining development plan had been ratified and approved by the DNGM committee and has paid the £135,000 application fee to advance the application process.

Kodal are currently engaged with Sinohydro (Power China) on the potential development of Bougouni and are in contact with Suay Chin and Shandong Ruifu Lithium Industry Co Ltd, which are expected to take the Bougouni spodumene concentrate. Shandong Ruifu produces lithium carbonate and lithium hydroxide in China.

Bougouni lithium project key stats:

220,000tpa of 6% spodumene concentrate over an initial 8.5 years

71% recovery rate of contained lithium based on laboratory metallurgical recoveries of 75%;

>USD$1.4bn of total revenue at $680/t starting H2 2021 and rising 2%pa

2mtpa throughput with DMS and conventional flotation circuit.

Recoveries are acceptable with the DMS on its own.

USD$431/t C1 cash costs or USD$466/t inc. royalties and sustaining capital.

US$117m Capex est. plus contingency:

1.7 year payback est.

LoM production of 1.94mt of concentrate.

Sales >$1.4bn assuming spodumene concentrate sales price of $680/t increasing 2% year-on-year;

58% IRR pre-tax
51% IRR post tax
US$300m NPV7% pre-tax
US$200m NPV7% post-tax

*SP Angel acts as Financial Advisor and Broker to Kodal Minerals. The analyst holds shares in Kodal Minerals.

[irpy] 01/7/2021 13:29

The buys just keep on coming.

Its just itching to breakout!

[12toes] 01/7/2021 13:08

Funny who you don't complain about conman zxie and his 4 aliases

[12toes] 01/7/2021 12:53

Chesty do you really want me to repeat your predictions ?It could be very very embarrassing BWAHAHAHA

[12toes] 01/7/2021 12:45

0.465pOwn up who was predicting 0.5p ?? Cos we're laughing at you BWAHAHAHA

[larryparker] 01/7/2021 12:39

I think the day traders will have to buy back in soon, can't see getting to much lower

[12toes] 01/7/2021 12:33

Oh deah 46.5p and all the numpties predicting 50p Will be PMSL at CHESTY at 1630 BWAHAHAHAPMSL

[zxie] 01/7/2021 12:10

Do you want banana?

[12toes] 01/7/2021 12:07

I think professor is a Brighton guy

[irpy] 01/7/2021 12:02

Do they sell KOD & NUGGETS?

[chesty1] 01/7/2021 11:42

Starting to build up again after the profit taking shake!

[professor_glennglad] 01/7/2021 11:32

Fooling around aside, that genuinely made me laugh for the first time this morning. Well done.

[12toes] 01/7/2021 11:19

Do not be fooled by the professor, underneath all that bravo he's not a bad bloke he keeps telling me he wants to meet up and buy me a few beers

[12toes] 01/7/2021 11:10

Well said professor - for the first time ever I agree with you

[luckypaul1] 01/7/2021 11:04

Good tick up soon!