Kodal Minerals Share Discussion Threads

[arab3] 22/1/2017 11:41

pwhite
what shares do you reckon are a good investment ?

[cpap man] 22/1/2017 11:33

Plus....



I bet the circumstances for delay of drill results and SS is mundane(operational). I think our assets and tenements will prove very lucrative. That this offer (legit or not) is the first and low, that counter offers will come. That management are as bullish as hell, and lofty as a result in the knowledge(deep conviction) of what our grounds contain, will continue to drill with a -'just you wait' attitude. That our board are happy to sell cheap, but @>$200M, and know that will happen, and I will be happy with that.
IMO.

GLTA

[pwhite73] 22/1/2017 11:18

jainvic

Nobody deramps AIM shares more than me. I very rarely if ever have a good word to say about AIM shares but you are dreadfully wrong to suggest that I or any other deramper posts for financial gain. Joe Public like you and I cannot short these stocks. If I were deramping to get in cheap then at some point the deramping has to stop as I have bought in. I had two opportunities to get in cheaper and stop the deramping. Firstly when they placed new stock at 0.15p and secondly when they issued the speeding ticket. I did not take the opportunity on either occasion.

So you are delusional if you think I'm stuck here trying to deramp the stock down from 0.51p to 0.10p so I can get in on the cheap.

Eventually and soon the markets will treat KOD investors with the same degree of contempt they treat all other PI mug punters that hold the majority stake in AIM companies.

You only win in this AIM game by short term trading not long term investing.

[jainvic] 22/1/2017 10:54

For me such people that trash a share for their own benefit are just the scum of the earth. It can scare people to sell prematurely, losing out, and can have an adverse effect on the company itself. Such 'people' have an agenda for their own benefit. Kod have moved up considerably over the last couple of weeks and it's obvious why. There is so much in favour of Kod and this is re rating imo as news draws nearer. With such a rise, it will always attract the parasites looking for a target for there own benefit. There is always risk with aim shares, but sometimes a share can buck the trend and move on to much bigger things. I believe kod is one of these shares. With this in mind much bigger increases are a very big reality imo. There are shares that have moved by astronomical amounts in just a very short time once the news becomes clearer. Rem for example moved up big time a few years ago once their lithium find became clearer. So for me, you have to in the game to make it big.

[cpap man] 22/1/2017 10:35

LOL @ Gary Newman of the T*m W*nkiFr*th sh*te website SP's who wrote an [full of total and utter b*ll*xs] article yesterday on KOD saying sell....

Well well a bit like that Merchant Banker of a FILTERED poster [opposite of black] the very same Gary Newman said sell KOD previously and on more than one occasion....since when KOD has gone up 4 to 5 times!

Either the same Merchant Banker [makes you think doesn't it?!?!?] or just another one!!!!

Either way they are all pathetic....you can almost hear them saying....

"Well even though i/we have seriously been wrong and investors who took my/our advice have lost an absolute £££;£ fortune £££;£....i/we will possibly be right one day but then again i/we might not be...."

[pwhite73] 21/1/2017 22:37

euclid5

I see what you mean. Say four big investors taking 156 million shares each. This would total 625 million shares keeping each of the four shareholders under the 3% declaration level.

This action requires the company to collude with four big investors to keep their holdings under the 3% disclosure level. It is not allowed for it is what is known as a 'concerted party transaction'. The company cannot collude with anybody to hide significant stakes.

The 666,666,667 was forward flipped to mug punters. Well done to those who bought but the fundamentals of this company has not changed. With 75% of the stock held by 'Joe Nobodies' there is no way any kind of bid would be entertained by the BOD

[euclid5] 21/1/2017 21:37

Pwhite,

Re your holding rns, have you not worked out that maybe all the placing holders, & maybe many of them don't actually own over 156m shares to declare a 3% moin holding - maybe they are just under that. Seems you are trying hard to justify that as there has been no 3% min holding rns then the 0.15p placing stock has been sold to punters - what so mug punters have bought the 666,666,667 shares!

"The fact that there is no holding statement after the placing proves the stock at 0.15p was flipped to mug punter PIs"

seems you lost out on the 500% rise by being to negative & failed to see the potential correlation to BGS recently & still fail to see it"!

shame, but carry on posting if you like, nothing wrong with hearing a balanced contructive analytical view.

[2nell] 21/1/2017 17:39

Very interesting cpap but as BGS have major shareholders controlling the float and not the PIs it may be irrelevant, but you never know.

But as pwhite points out, us birdbrains may have the last laugh as Kod is mostly Pi controlled until a possible holding RNS is released.


Pinched this of LSE board can't remember if its been posted but well worth a look.

hxxp://www.blenheimnaturalresources.com/media/BNR_DiebaMap.pdf


Shows what we have against BGS and now BNR.

[cpap man] 21/1/2017 14:25

One of tons of posts from the HC BB in AUSSIE....



100% argree.

Only thing we can do is vote NO.

Voting down BoD is wishful thinking.

One thing is sure.
BoD will do anything to disillusion SH in the next month in order to increase chance
for sell off. Desperate SH willing to receive a minimum payback.
They are consequently following a plan.

No detailled LOI - uncertainity - share price down
The lab hasn't received any samples - what please? Drilling resuls in March?
SS late
No deposit payed - extend timeline 1 month?
During one month no details of LOI -huge uncertainity - share price keep down.

Voting NO to this deal is the only way stop their selfish plan.

If they want their performance shares without achieving the milestones
they have to deliver a better deal.

IMO they will be very motivated after a big fat NO

[cpap man] 21/1/2017 14:15

2nell21 Jan '17 - 10:06 - 613 of 616 1 0

They are getting very annoyed on the BGS thread about how cheaply they are selling there asset.

With our results due and double the acreage just how much will ours be worth.

Birimian Limited (ASX:BGS) A$0.30, mkt cap A$59.7m – No word yet on the receipt of A$10.75m deposit from Shandong Mingrui Group

Birimian agreed to sell its Bougouni ‘GoulaminaR17; lithium project in Mali to a Chinese group for A$107.5m in cash to Shandong Mingrui Group ‘Mingrui’;.

Mingrui singned a Letter of Intent ‘LOI’ which included a condition for the receipt of a deposit for A$10.75m on or before 20th January.

hxxp://www.birimian.com/pdfs/LetterOfIntentForSaleOfTheBougouniLithiumProject03Jan17.pdf



Thanks for those posts 2nell with regards to KOD's near neighbours in the LITHIUM game namely Aussie listed BGS....the word on the street [reading all the Aussie BB's] is that the deposit has become non relevant as the vast majority of BGS shareholders would vote down the A$107M TAKE OVER by the CHINESE as it clearly under valued BGS....

So as you state...."With our results due and double the acreage just how much will ours be worth."

Be careful....INDEED....KOD investors NOT to let KOD be TAKEN OVER by the CHINESE on the cheap!!!!

[thehitman1] 21/1/2017 14:01

cpap, agreed, he will be going on filter soon.

[cpap man] 21/1/2017 13:55

thehitman121 Jan '17 - 13:48 - 615 of 616 1 0

Pwhite, why are you lowering your head in shame?, is it because you missed out?.



Please do us all a favour thehitman1 and delete that particular posters post [which is part of your post above] that you c&p as i like many others no doubt have already FILTERED the de-ramping & shorting loser....KOD are up a few 100% since that particular poster started their grave warnings of impending doom and gloom at KOD

What an out and out Merchant Banker!

[thehitman1] 21/1/2017 13:48

Pwhite, why are you lowering your head in shame?, is it because you missed out?.

[2nell] 21/1/2017 11:40

Bit of detail on company buying BGS.


Shandong Mingrui Chemical Group locates at the foot of Mountain Tai—famous as the first of the “Five Sacred Mountains” in China. The group has the advantages of excellent geographyenvironment, convenient transportationadvanced economics. The group founded in 2005 with registered capital of 60 million RMB, which contains many subsidiaries, such as Feicheng Mingrui Chemical Co. Ltd., Xintai Mingrui Chemical Co. Ltd., Laocheng Mingrui Chemical Co. Ltd.so on.
The group covers an area of about 1,000,000 square meters, with total assets of 1.2 billion yuan. It has an annual productivity of 800,000 ton sulfur acid, 800,000 ton iron oxide, 100,000 ton ammonium dihydrogen phosphate, 20,000 ton phosphoric acid, 20,000 ton titanium tetrachloride. Our group could achieve annual sales revenue of 1,800,000,000 yuanEBITDA of 200,000,000 yuan.
The group is managed in accordance with standard modern enterprise system, with a high-quality management team. The board of directors is consisted of economist, accountant, chemical expert, professional managerso on, who are all shareholders. There are more than 1800 staffs, more than 500 of whom are various types of professionaltechnical personnel.
In recent years, the group follows the national industrial policy, increases its investment strength on new energymaterials, improves the comprehensive utilization level of various raw materials,positively develops the circular economy. The group focuses on technological innovationintellectual property protection,positively carries out capital operation in order to build a green, innovative, harmoniousscientific modern enterprise, with the target of annual growth rate of more than 50% percent. In a word, the group is a modern chemical industry group with flexible mechanism, rapid development, broad prospect,harmonious relations, which enjoys great support from the government.

[2nell] 21/1/2017 10:06

They are getting very annoyed on the BGS thread about how cheaply they are selling there asset.

With our results due and double the acreage just how much will ours be worth.

Birimian Limited (ASX:BGS) A$0.30, mkt cap A$59.7m – No word yet on the receipt of A$10.75m deposit from Shandong Mingrui Group

Birimian agreed to sell its Bougouni ‘GoulaminaR17; lithium project in Mali to a Chinese group for A$107.5m in cash to Shandong Mingrui Group ‘Mingrui’;.

Mingrui singned a Letter of Intent ‘LOI’ which included a condition for the receipt of a deposit for A$10.75m on or before 20th January.

hxxp://www.birimian.com/pdfs/LetterOfIntentForSaleOfTheBougouniLithiumProject03Jan17.pdf

Birimian has yet to report confirmation of the receipt of the deposit into a solicitor’s interest bearing account in Australia.

China recently imposed additional currency controls restricting the movement of funds out of China which we have reason to believe is causing problems for Chinese companies who wish to move cash overseas.

We speculate that Chinese companies may still be able to continue to invest in certain key sectors like rare earths and energy materials and that this should enable Chinese companies to continue to buy up lithium, rare earths, energy-related and other specialty commodity minerals as well as processing companies in these sectors.

Genfeng Lithium, a major Chinese lithium producer also signed an investment agreement with Lithium Americas for a US$174m investment for the development of its Cauchari-Olaroz lithium project in Jujuy, Argentina. Given Genfeng’s status in China we would expect this deal to go through.

It may also be possible that the movement of funds are delayed out of China as permission is sought from the authorities for such transfers.

We also wonder what happens to the escrowed funds should the deal fail to consummate. Would those funds then be repatriated to China or could they remain in place.

We note that major shareholder ‘The Gas Super PTY LTD ATF the Gas Super Fund has reduced its holding in Birimian to 6.3% from 9.16% through the sale of 5.1m shares indicating their level of confidence in the Chinese offer.

“The Deposit is not refundable except in the event that any consent or approval required by Birimian cannot be obtained or waived as follows:

a) any third party, regulatory, shareholder, tax consents or required approvals (if any) being received on terms satisfactory to both parties;

b) no legislation or regulation being proposed or passed that would prohibit or materially restrict the participation of either party in the Transaction.

Within 45 days of confirmation of receipt of the Deposit, Mingrui agrees to place the balance of the cash consideration (being $ AUD 96,750,000 plus any applicable taxes) in the Stakeholder Account to be held in trust pending completion. If all conditions are not satisfied or waived on or before 31 March 2017 (or such other date which is mutually agreed in writing by the Parties) then the LOI will terminate.”

Birimian’s lithium project at Goulamina is estimated to host 15-18mt of rock grading 1.8-2.2% lithium (Li2O) for 229,000t of contained lithium metal.

The new JORC resource contains 15.5mt grading 1.48% Li2O for 229,000t of contained lithium oxide

High grade near surface should allow for early cash flow generation.

Further drilling is expected to add to the resource through resource extensions with 1.67% seen in the West Zone

A second phase, 10,000 metre drilling program at Goulamina remains on track for completion by late-January 2017 alongside initial assay results. The current schedule provides for an updated resource estimate later in the March Quarter, leading to a pre-feasibility study and maiden reserve reporting in the June Quarter.

The resource grade ranks Bougouni grade as the fifth highest on our list of known hard rock lithium resources and no. 15 in terms of resource size though it looks like it will become a larger project.

See full details of the JORC resource below along with pictures of the block model, cross sections, plan views and a particularly grade/tonnage curve. See: hxxp://www.birimian.com/pdfs/MaidenResourceAtGoulaminaConfirmsLithiumDeposit27Oct16.pdf

[pwhite73] 21/1/2017 09:34

Lowering my head in shame the share price has extended far beyond anything I expected. Having said that my opinion on this stock has not changed one iota. After Petro Matad issued its speeding ticket people commented on how it continued to motor ahead. Look at MATD today.

The same will happen here. The fact that there is no holding statement after the placing proves the stock at 0.15p was flipped to mug punter PIs. When I last posted here the shareprice was at 0.30p today it sits at 0.51p a 42% rise. If the Chinese, Koreans, or Martians were responsible for this rise a holding RNS would have to be issued for any holding over 3%. The fact that there is none suggests the continual rise is due to mug punters still 'Chasing the Dragon'.

Said to you all before no bid will materialise when 75% of the stock is in the hands of birdbrains. The correction will come and it will come soon.

Be careful.

[cpap man] 21/1/2017 06:55

The CHINESE next door....KOD bless 'em!

[thehitman1] 20/1/2017 21:31

Cpap, what else moving next week?.

[thelung] 20/1/2017 15:43

Tried to tell them this morning barney :-)

[barneygumble27] 20/1/2017 15:41

Sorry off kod butSma starting to move

[sigora] 20/1/2017 14:35

well well well i seem to be stalking you in zen gun clnr and here lol