Kodal Minerals Share Discussion Threads

[edgein] 10/3/2017 08:10

The lung,

Yes been buying over the last few weeks, first purchases were a little high at 0.29, later purchases were much better. :) I'm well aware of the progress as was watching since they recently posted the significant lith grades and knew they were awaiting more grades from the trench assays. Also round 2 of the RC campaign about to start so knew I had limited time to get in. Great to see such a strong financing arrangement at this stage, took me by surprise today. Especially the off take part, premium not so much of a surprise given the quality of both the lith and gold assets. Looking forward to the next round of drilling. If they secure the second tranche of funding its gonna be very +ve for future expo. Good chance these won't see it through to production especially if they keep getting similar grades given how hot the lith market is right now.

Regards,
Ed.

[thelung] 10/3/2017 08:10

100m volume in first 10 minutes

[thelung] 10/3/2017 08:07

Believe it or not cpap, i got back in yesterday :-)))

[cpap man] 10/3/2017 08:05

Are you in KOD as well TheLung?

[cpap man] 10/3/2017 08:04

PWhite7310 Mar '17 - 07:56 - 1358 of 1359 0 0 (Filtered)



This complete and utter w*nk*r along with his/her mates at Share "Lack of" Profits has been saying sell KOD since well prior to the original big rise and is now repeating the same mistake....best FILTERED!!!!

[thelung] 10/3/2017 08:01

Ed, are you in?

[thelung] 10/3/2017 08:01

The Chinese couldn't get the cash out of the country for BGS so this is their way

[pwhite73] 10/3/2017 07:56

Try and see through this for what it is. It is exactly the same pump that came from BGS in Australia with their Chinese buyer and a £10 million retainer that never came.

The production of Lithium is years and years away if any is produced at all. I have no idea where the share price will rise to in the short term but I am reasonably certain it will settle back to the early to mid twenties.

[cpap man] 10/3/2017 07:55

Yes exactly dingo75 but the KOD LITHIUM licences are circa twice as large as Aussie listed BGS....

These licences and indeed the whole are is going to be a WORLD CLASS LITHIUM project!!!!

AIMHO & DYOR of course but i have been with the S P Angels!!!!

[dingo75] 10/3/2017 07:52

Basically says, this Shandong entity want 100% of Bourgoni Project. They were prepared to pay $107m for BGS. so....

[cpap man] 10/3/2017 07:50

WOW that is some RNS from KOD....fully funded by the CHINESE to fully exploit their WORLD CLASS LITHIUM deposit....plus all at a 30% PREMIUM to last nights close!!!!

And the 2nd part of the KOD financing [taking the total investment to circa £5M] is at a 65% PREMIUM to last nights close!!!!

BULLISH for KOD or wot?!?!?

[dingo75] 10/3/2017 07:49

That's what you call a damn fine deal!
Well done Bernard.

[113mike] 10/3/2017 07:49

Ok.. I'll settle for .004p today abit more next week!

[cpap man] 10/3/2017 07:47

Suay Chin is a Singapore based company that was registered in January 2017. Suay Chin was formed to take advantage of its extensive contacts throughout the Chinese chemical industry and to operate as a trading company for the supply of materials to the Chinese industry.



Suay Chin will be involved in all levels of the lithium market from supplying material to acid producers, supplying spodumene concentrate and lithium hydroxide to the Chinese lithium carbonate producers, to the final end-user chemical and battery manufacturers. The company gets strong support from Shandong Mingrui Chemical Co Ltd, which is a long-term material supplier to existing lithium carbonate producers in Shandong Province and has deep understanding about the Chinese lithium market.



Suay Chin has arranged the metallurgical testing of Kodal's spodumene rich pegmatite samples by existing lithium carbonate producers in China and is expected to continue to offer strong technical contribution to the development of the Project.

[edgein] 10/3/2017 07:45

What a deal, two fund raisings both at a premium and the second tranche if they do it at 0.38p almost twice the recent share price! Shows the strength of the project here as its still relatively early expo. Clearly this singapore group see excellent value here. Hopefully they will increase to 20% of KOD, imo lining them up for a future takeover. Off take agreement seems like they're hot on the heels of KENV now.

Regards,
Ed.

[cpap man] 10/3/2017 07:43

Hey 113mike....my share price target for KOD [which was always based on events such as that announced today] remains at 3p+

[113mike] 10/3/2017 07:39

Nice rns but why 5p?

[equity growth] 10/3/2017 07:38

I've upgraded my long term target.

[fission453] 10/3/2017 07:35

Why 2p when it is worth 5p!

[janestone] 10/3/2017 07:35

Wow! Bernie certainly delivers... top man.

[cpap man] 10/3/2017 07:30

30% PREMIUM for CHINESE STYLE KOD an' chips!

[equity growth] 10/3/2017 07:27

HELLO! LOL

[equity growth] 10/3/2017 07:15

Excellent news - get the ketchup out!!