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AR spouted some rubbish previously, good to see he has plumbed new depths and now produces utter bilge.
In fact I witnessed two major spikes in kod from 0.02 to 0.56 and now 0.04 to 0.44. I wish it will stay this way but I don't think so. it is just another spike. Chinese are not going to support this price at all you get ML or not.
if you continue like this you will be covered in mud soon. I sad I was in kod since I did not say when I sold it.
WAS, so your not anymore. One more whopper on the BB.
I was in kodal since it was 0.04 I don't buy expensive stock. enjoy the spike
I see ARahim has made it to the ECHO BB where he is trying to ramp it. ECHO is a joke when it comes to keeping investors updated. If I stayed in there I would have lost a fortune the last month, sorry I don't like to talk about other BBs but this guy is a joke.
For the record, the minister that will be signing the licence in the next few days was reappointed in the government reshuffle that triggered the last coup and has remained in this position since. As always, no mews is good news.
I see the idiots are back spouting old news about the coup. No one is under house arrest. What a Muppet.
I was just saying we lodged the licence with a Malian gov and were inches from obtaining the licence then a cop and new gov come in and we were progressing form months to get the licence and paid for the licence. Then last two weeks a new cop and another gov is not in place yet ..as the new military there are puzzled what to do. so Licence or not it is still a question it is not sure as far as I can see it. the ministers are under house arrest and the president is a prisoner.
It has already been paid. It was hidden in the depths of the last RNS.
'Kodal has continued to work closely with the Mali government to progress the Mining Licence Application, and as previously announced, has both received the request for and paid the Mining Licence Application fee. '
Fully paid up licence fee statement will arrive tomorrow or next Tuesday with a Rns stating Kodal are in the last throws of obtaining the licence. The final part will BE with the PM. That take a couple more weeks for the i's to be dotted and the t's to be crossed. (I think there are more i's to be dotted than t's not 100 % sure )
ALB,IMO
Where did you guys got that information about the chinese and the licence not being granted anytime soon. I am just googling and I have gound that Ganfeng got half goulamiba project last week.
Licence will land soon after the CEO talks to the government officials, tgat is what he is there for this week.
Based on gov and car manufacturers Ev only promises imminently. I think lithium prices will climb dramatically over 8 years. Imo
Its why a JV is better than a TO. Life of mine 8.5 years sustained price increase in spodumene could put value of mine way past 1.5billion. In that time assess boug west.
@Arhaim, the Chinese are still very much trying to buy up Lith plays, albeit with low ball offers which is why I dont really want a buyout offer myself.
In terms of value, that always depends on the eye of the beholder but with over 1.5bil of Lith in the ground at todays prices, if the license does get approved (and while looking likely nothing is done until it is done) the Mcap is low for the value in my view, which means KOD still has a way to go.
Will there be sells on spikes? Yes almost certainly, why do I know this? Because every share in the world has sellers cashing in every now and then after nice rises. Longer term does that matter? Not one bit.
Horses for courses. Spike sellers and lth's are both right, if they sold at the right time for them.
Ara im here for the lithium play. Lithium will be the most sort after material in the world of the back of e.v.. theres confidence in mali's lithium. Also gold projects are in ivory coast not mali....
what I see here is another trouble if we find out that those contributed to 0.12p cash raise start to bail out. It is just going to repeat the previous experience we had already with the previous investors selling at the spike.
Daz, Chinese are interested in lithium only they are not interested in the gold hype. This is why I fee the price is too high for them to enter at this stage given the price is not convenient for cash for equity. They may buy the lithium project as a separate project.
In the other hand the new gov 'few days old ' it is just a pro French soldiers that may not be as you expect keen on helping the Chinese out. besides this is going to set Mali in an awful civil war given the major population is against this French intrusion.
Arahim. Dyor into ffx and see if the chinese are still buying up projects. Money is money regardless what gov is in
The current gov in Mali is pro French is it likely not to stay in power long enough let alone providing a licence to the Chinese.
I guess licence now is not likely to be delivered soon.
I hope I am wrong, but this is a strong possibility now. The previous pro French gov was expecting some 'cash' for the licence but they kept it close to their chest. the ousted gov was pro Chinese and was willing to help but it was knocked down. I don't know if the current price reflect the lithium expectations as it looks far too expensive for the price Chinese are likely to pay. gold prospect news is too vague as the level of exploration done so far does not confirm the claim kod have made about the prospected space. too sketchy.
The safe price for Chinese cash contribution would be 0.12-0.15 0.25 would be a dream.
way to expensive now for lithium alone and too risky for a first round gold exploration.