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Shouldn't we being going up the way prem does when we come down.
Daz, I have looked a lot at various pilot plants around the world, they are a good idea, but with share companies they appear to have a bit of an issue.
Nobody starts with a pilot plant if they have a proven resource or unless there is an issue with the material going in to a plant.
Often the reason is compromised ground, artisan workings etc.
The problem seems to be that if there is not a massive possibility and a big story behind it, then it is difficult to attract investors money. In my opinion this wastes too much money and the precious cash is not focused in the right areas.
In my opinion all the drilling cash has to find is enough material and with enough data to ensure in the first instance that the pilot plant recovers its investment and a previously targeted amount of cash before moving to next stage. All the initial data should be ensuring that the correct data is available to select the correct plant and configuration. If all that happens is they pay off the plant and have some cash they get to explore another day.
But sensible and boring doesn't cut it so it appears these days investors are looking for a 12-18 month fairytale ending. Rainbow chasers as the industry call them.
That is clear here, everything lined up taken years to get here, very dull for many investors and why Kodal's shares are trading at a discount to NAV.
Ah so our travelling troll has found a new target.
He must be bored, the recent attempts at disrupting the prem board have been largely ignored, so the prem vs kod 'war' has fizzled out, thankfully been quiet on that front for months. Daz attempting to poke that board but not too much swing back onto kod board.
so bored with the lack of bites on his fishing attempts, he has now has the maru board in his sights...
just ignore him Andii it's the best way to keep him quiet. The more you respond, the more he pokes. About time Daz grew up and stopped these silly games. Kod board is getting fed up of these swing backs.
Andii this is a kodal board, therefore can you stick to kodal. No one here cares for marula.
OK it's a pilot plant capable of doing 60ktpa. Nice pilot!
They are waiting for the Tomra sorter to arrive which has 4x the processing capacity hence they are just in the initial ramp up phase right now.
#maru here is the video in YouTube format
https://www.youtube.com/live/tdCnhiaSYyk?si=oONUMr3O-Yi__fmf
At 1hr17m30s Jason talks about coltan sales two weeks after assay results come back from the offtake partner so potentially this month (£250k for the first 2t sample with a further 7t bagged ready to go)
At 1hr8m30s Jason talks about feldspar at todays prices being worth more than the Lithium.
Do you have a link for the satellite images?
New Drilling marks have appeared on satellite all over boumou.
Andii
Trust me. Over the next 36 months Maru with brewer at the helm is not going to more profitable than mining majors hainan and kod tagged on. Your living in dream land.
Wheres all the supporting data at maru to show ore reserve ? It's a pilot plant another being spun by stock box. They don't actually KNOW what quantity or quality they have. They are winging it.
It's a extremely small scale plant why isnt it producing already ?
Brewer is in bed with stock box. Rampy videos, bullish comments, probably have a stock box visit soon.
Another headache coming.
Hi Daz, you didn't answer my question over on the other board.
Here is the maths for you
Kodal own 49% of the Lithium project. Over 2025 and 2026 production rate is 125ktpa.
At todays lithium price that is $1150 minus $500AISC = 650 x 62.5k = $40m profit
Marula 60ktpa and AISC of $500 + another $1000/t minimum for byproducts = 1650 x 60k $99m profit
First revenue due this month
I love it when people who clearly know nothing about a share make funny little comments about it without doing any research. WhAt HApPeneD heRe, I dONt UndeRsTaND.
How difficult is it to do some reading regarding the current environment?
The Chinese are about to launch a 4-door EV for less than £8,000. With a range of 260 miles. There's also a small city car with a 100-mile range for less than £5000.
https://electrek.co/2024/03/06/byd-launches-cheaper-seagull-ev-9700-price/
Not sure I'd use the term "sink" more like bobbing along comfortably until production.
Like a steamboat genty trundling along down the river. Very few obstacles for it to sink and a Captain comfortable meandering through the current
what happened here, i was surprised to see this sink. turned out lithium is just too sc**** to serve the automobile industry. people need cheaper batteries. maybe the markets see that.
Looks like it is An CCP eligible instrument ---Trading Parameters Frankfurt -- Specialist Baader Bank
https://www.boerse-frankfurt.de/equity/kodal-minerals-ls-03125
See PDF on this link https://www.eurex.com/ec-en/services/transaction-management/ccp-eligible-instruments
Here you are Compo-looks like it is well traded!!
https://www.boerse-frankfurt.de/equity/kodal-minerals-ls-03125
I think you can buy a proxy stock on the Frankfurt exchange but from memory, the volume and spread are terrible.
Come on Kod
The pressure building under the final reasonanle MA at 200 is very apparent.
It seems to be the same Co. See CEO info etc. Also see this link related info right columns
https://www.google.com/search?q=FRA%3A+7UE&oq=FRA%3A+7UE&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRg60gEIMzQxNGowajeoAgCwAgA&sourceid=chrome&ie=UTF-8
Codal sounds like a different company altogether
Is codal trading on the frankfurt exchange?
https://www.google.com/finance/quote/7UE:FRA
Or is it a differnt company all togather.
Continues to move up. Increasing kods in production profitability daily.
Pullone, investment term I meant, short term investment, normally associated with investments under 5 years, this one is under 8 months term to recognised inflexion points.
Major project real value uplifts if you like.
To their first most major inflexion point, DMS production, flotation plant is the second most major one. Gold etc would be expected to be smaller ones than these.
Lav excuse my ignorance but what do you mean by " very short term this one now " I presume your reference refers to short term pre production to production?
Horult, only when people pretend to have different tactics it irrates people especially if they are on a particular subject matter in a thread.
I have known many people trade one share, make some money pocket it and if they catch the big climb at the end great if they miss it so what, it was regular sums they were after and a gain is a gain.
I do that with OEICs occasionally rather than shares, spot an opportunity ride it for a while and out, don't worry about anything I left on the table. Usually gold, but Japan and some specialist funds I have held for months only, good thing is, except for gold and some commodities, everything is not all in one basket.
But I like a LTH share and try and get the big multiple, equivalent of 10 years pension contributions in one well researched share. Because it is high risk on AIM.
Very short term this one now, Bernard expects the plant spinning October/November time, production by the end of December and Steve another month or three to reach the highest output as they think they can optimise the plant even further.