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Bonkers,
KOD already raised funds to advance the Gold projects. Placing shares already been churning through.
Lithium licence is awaited in my view for a bigger player to step in and provide finance and take the asset forward.
Current price is stuck in a range until we get news on either Lithium licence OR the Gold projects.
In the meantime we speculate but Upside here is MASSIVE. Great buying opportunity to take new positions of average down. Strong Buy for me at this low price.
Bonkers0801- the answer any day now would not be correct before September/October last year had Covid or the Coup not occurred.
Since then it is simply procedure.
It is due any time now, but we do not know on the ground in government detail any day to day problems they may have with Covid.
Our Visas in the UK are currently 5 months behind.
The clock started again on this licence September/October last year. Mining licences are many times more complicated than issuing a visa. Bernie thinks it is near, we are happy to wait.
No drama.
Yes lovely seeing all the green filters pop up means don't have to listen to their drivel can only assume they have some sort of mental health issues and should seek help. Why if you don't have any faith in a investment would you constantly be looking in. Can only feel a little pity and again can only advise they seek help
Appreciate your response laverda, I can assure you that I am here as a potential investor rather then a deramper , and anyone that questions my post as deramping I would encourage you to look at my history other various B.B I am invested and you will see I am the first to jump on a trolls back if I feel its necessary.
I also appreciate If the board is full of them the questions I asked can be seen as ohhhhh look we have another one.
It's hard to ask questions regarding the licence as its probably a touchy subject that has been asked many times , however im sure the answer any day now has been the common theme for a while now, it was when I was last invested.
I'm fully aware its my money and my research that needs to be put into a stock , I believe this will come good in time , no doubt , I have a few other lithium and mining stocks that seem to be working at a better pace however you can't compare different mines in different countrys. And it's the lithium mine here that intrests me more then the gold. As I'm invested in gold elsewhere. And I believe with the E.v its going to be the next big thing.
I guess I'm after my own reassurance that before I press the buy button, the licence will be granted and then there will be a stock dilution to fund the mine cost.
Again appreciate the responce
https://m.youtube.com/watch?v=P-MJk78FH0E&feature=emb_title
Bonkers0801 Lithium 2nd half of video.
Licence should be due anytime.
However Mali government website shows loads of work and changes they have implemented month by month in the interim government and of course Covid pretty much shut down the UK until recent weeks, so they must be disrupted too.
There are some stock bashers permanently residing here, one of which has posted as I can see green filtered out message. People who allegedly invest here but think it is worthless and Bernie is no good, make of that what you want?
Make up your own mind.
The answers you seek are in the RNS's especially the financial ones.
Good morning all , I'm looking for a bit of information, or opinion as information isn't easy to find.
Firstly I used to hold shares in this company, I had a average of 0.50 so holding would of gave me a ok return, I say OK because it wasn't the biggest holding in the world , so no major regrets , I do have a friend that invested same time who has built a large holding who believes in this to the max , he has very nice profit now.
I am NOT a deramper , nor am I a ramper , I watch this closely as I can see myself putting in some money for another invesment , I have watched it go up and down over ans over again last 10 months , howeber it does seem to have found a new baseline at 0.13 also when I speak to my friend about this his reply to always well wait till the licence is granted.
This brings me to my post, when will this licence actaully be granted, they originally put in for this jan 2020 , a further update came in Feb to say things were moving quickly , then there was a update I believe oct 2020 regarding the Mali government. But very very little since, remember this was supposed to be there big thing for the company.
I appreciate that covid has been a huge problem globally , there is no getting away from that , and no doubt a reason for things progressing slowley.
But realistically in a time where governments can still work , how much longer until news is heard.
Once news is heard do kodal have finances in place to then build a mine? Or will they do another share dilution to gain the finances possible for this.
Again I know this sounds a little deramping , I'm really not , there are some companys out there that are great at giving info others not so great.
Let's be Frank if kodal get the licence and finances in place this will be worth a hell of a lot more then it currently is , I would imagine a massive market cap increase too, jist the lack of info sometimes leaves more questions then answers.