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Horult at some stage it will stop dipping below 0.40
That should be now
Do you think it is going to keep dipping and being undervalued the closer we get to production?
I hope the ones with your opinion and mindset get caught with their pants down
"The primary determinant of bid-ask spread size is trading volume. Thinly traded stocks tend to have higher spreads. Market volatility is another important determinant of spread size. Spreads usually widen in times of high volatility."
https://www.google.com/search?q=why+a+large+share+spread&oq=why+a+large+share+spread&gs_lcrp=EgZjaHJvbWUyBggAEEUYOdIBCTEzMzExajBqN6gCCLACAQ&sourceid=chrome&ie=UTF-8
0.5 will be tough nut to crack on current volume, is bouncing close to there yesterday and today
will likely start drifting back down from tomorrow back to the 0.35 - 0.4 range...
...unless we get some news to kick some volume at it. Come on Bernie, you must have some drill results ready about now, lets get them out please - lets keep this momentum goingđ
All the buys are pushing on 0.47 all day
Great to see Kodal installing a water supply for the local residents. It's a great investment that also provides for the local area and residents in Mali. https://twitter.com/KodalMinerals/status/1777603300126273992?s=19
Over 9% is ridicules. It does keep the day traders out though
Yes, the spread is pathetic. Maybe the MMs are playing mind games, it is Aim after all.
Why such a big spread .47 / .43
Not rubbishing ACC, a good contributor to the board.
Bernard has said the previous data is flawed he spotted inconsistencies with it. However he also spotted inconsistencies in the areas the previous companies thought poor areas. Bernard has since tested his theories and so far proven them correct
Where previous companies thought were good were not. But the areas Bernard thought may be good, so far are much better and much more extensive than he thought. He seems excited about the prospect.
He has mentioned this more than once in interviews.
So I would not put much weight behind previous reports, however seeing Bernard's enthusiasm maybe they have potential for much more - yet to be proven.
Acc
Your research is of the highest order đ
Very much appreciated
Remember that the current NPV includes all road and bridge building, site clearance, plant construction, electrics, water etc and is only 4 years production from the DMS plant. The same plant over the following 4 years NPV would be around 500m based on the same production figures, because the plant is there and everything is built. The flotation plant will only have its own construction costs associated with it in its NPV figures and produce around double the tonnage.
Even though Hainan paid the cash for build, the figures for the DMS NPV include initial capital costs.
Sometimes a little mind bending when not in their world.
If the resource increases to sustain 15 years at 370,000 tonnes per year or more the figures will be huge, especially for Kodal and its humble beginnings.
Then add on the share of West Bougouni and all of those gold fields.
Especially when lithium is up again. Glah and dyor
Significantly more than the current low price
Waiting to be created?
LMLB is created as subsidiary from KMUK to receive the license from Future Minerals via an official transfer!!
And Mali Gov can not participate in the JV!
DYOR
Celle it is slightly more complicated than you make out.
The actual mining licence will be held by a subsidiary of KMUK, which we are still waiting to be created. The government of Mali has a right to 10% of profit generated from Bougouni for nil cost and a right to purchase an additional 10%. I'm not sure at this stage how the profit calculation will exactly work or if the Mali government will have it's stake in KMUK or the subsidiary, although I suspect it will be the latter.
Either way, KOD won't get 49% of the profit from Bougouni, it will be reduced by the Mali government stake. The mechanism for Kod to receive cash profit , if it follows standard corporate practice ,will be via a dividend paid by KMUK I think
Historical exploration by Rockridge Capital Corp(RRC) for their Fatou Gold project (is not the same area than what Kodal has now in 2 licenses for their Fatou Gold project (Fininko â Foutière)=> 310Km²
info from technical report RRC 2014:
Between 2010 and 2013:
12,000 soil samples
1,278 Pit Sampling
986 Auger Holes/samples
1,254 Mobile Metal Ion Survey samples
Aerial VTEM : 2,880 line km ( combined EM, magnetics, and radiometrics)
Ground IP: 13.15 line km gradient array and 5.075 km pole-dipole
Regolith mapping: Eastern half of the concession
Artisanal workings map: Locations and relative quality of ~1,500 pits mapped
Geologic mapping: Various interpretations from drill data
RC drilling: 27,466 meter for 256 holes
DD drilling: 29,148 meter for 144 holes
All this exploration was spreaded over Fatou, Fatou main gold, Fininko, Digan S, Digan N (Both Digan areas or not included in current Kodals licenses)
The data from this exploration is used by the authors of the Techncal report for a resource estimate to achieve an âInferred estimationâ: results of 85 holes => 55 DD and 30 RC
https://kodalminerals.com/project/gold-projects/fatou-gold-project/
DYOR
GLA
German keyboard - keine Ahnung!
What's wrong with your apostrophes
It´s worth what it´s worth. In the past, it was worth what it used to be worth. At some point in the future it will be worth what it´s going to be worth. Speculation is futile. What´s the point, anyway? And fundamentals... ? Don´t talk to me about fundamentals! Pfff!
Massive spread.... no day traders messing with that id think
Are we still getting a update in april ? Or was the march one the one we was supposed to get in april??
It's worth what investors believe its value is in time. Its worth what it's worth. Good fundamentals can only be viewed as encouraging.
Some fairly decent logic put forward re valuation. One issue though that seems to have been overlooked is that the suggested valuations only take into account the current project. As the company moves forward with production, it will become cash generative - I doubt that the BOD will simply sit back and be satisfied with just this one mine. Most mining companies when cash generative, will be looking for ways to spin up the cash being generated. IMHO, this will lead to further opportunities/sites being sought. If that becomes the case, then the value can only increase. As a LTH, I'm not too fussed what the value will be in a few months time - for me, even with this single mine and the gold opportunities, this is a stand out investment on AIM. add in the aforementioned potential and this could well go on to being an outstanding opportunity. In any event, even if we just stick with the current project, the SP will increase several fold from its current price.
Naylor you are correct it does include a discount. But that discount is to apply future profits today as far as I am aware not a pricing mechanism to directly calculate a buyout/purchase value.
Buyouts use an NPV but as far as I am aware there is no direct project value in an NPV, I would be happy to be wrong.
I disagree re. NPV needing a discount. An NPV is by definition a discounted valuation at a certain hurdle rate. If a potential buyer has a lower hurdle rate, the NPV to them is in fact higher. This is specifically why in corporates strategics are typically able to pay more than sponsors given lower return requirements.