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Daz don’t forget to factor in the massive spread% typically 12% to 25% ??
Hi Daz. See you giving a mention of KOD on SXX, probably good advice at these levels but these levels are not so good for us LTHs when will we see a sustained rise in SP?
Irrespective of the personal points of view expressed it would be nice to have this Licence.
In matters like this with BA we have to hold the candle to his feet as frankly he has previous of non delivery.Yes I am aware technical translation for submissions require more than a good ability to translate between languages on basic day to day matters.However come Monday if nothing of substance generates a RNS, a firm letter for an immediate update should be sent to BA.
In general the lack of posting by some past strong believers is concerning. Be aware that some genuine punters do get carried aware and take some daft action.However forgetting that lets hope a productive news break will breath life back into this share, it sure needs it.
James & GLA.
It is not insider trading.
If we have all assay results we could confidently see what they see there but we still need a geologist input to describe the field structure to guess where the minerals are. These brunches do not happen and disappear like that, they have roots in the ground.
BA mentioned a lot of things confidently in podcasts, and didn't follow through on many of them. How many times does he have to say "fully-funded" right before a cash raise for you not to believe him 100%?
I find it weird how Ned and GFD stop ramping when they get shown up for what they are, then someone else starts the unsubstantiated drivel in the hope of keeping long-termers invested. If most on this board sold up there would be no Kodal anymore imho.
CRK22, BA has reapeated many times that SC is willing to help with financing the plant, in his podcsts.
In his tweets, BA confidently mentioned that:
we are confident we have the most prospective area of lithium mineralisation under our control;
Assay results demonstrate great continuity & width of pegmatite mineralisation leading towards an updated mineral resource at #Bougouni.
S what is in the ground in convincing to both parties, BA and SC.
daza, I believe BA and SC adopted the policy not to excite the market to increase trade since the day BA issued the speeding ticket to stop speculation on sp. SC has their man 'a geologist doctor' with kod to keep them informed the right way and to influence kod policies. The information available to the market is a fraction of that available to BA and SC. They know more than what we do. So the right decision is expected to come from them. I don't think BA and colleagues had invested at 0.08 if they don't have what we don't know yet. In short the published figures are just to comply with rules. In short don't count that mach on open market finance for the plant or going concern for that matter.
Arahim,
Is it then your position that SC and BA may have an opinion (as yet unformalised by further drilling in the other tenents) that leads them to conclude a longer LOM than that currently formalised and evidenced in the JORC?
I don't ask this as a criticism or in a pointed way but simply to further understand the basis of your confidence in the value of this investment.
Thanks in advance.
here we are again; Daza and Bib returning to old school maths, BA is not focusing or the market sentiment or reaction for a long time now, since he has SC on board. You are barking on the wrong tree folks, the nest is no more where it was before, it is in china guarded by a lazy Chinese bear. kod future is resting on BA SC trust on what they 'not the market' have so far. If BA and SC agree on the economics of what they have, we will see a check and continuation, otherwise it will be a hibernation or disposal of cash for lithium to cover BA venture with the new gold... .
lithium index continues upward movement.
https://tradingeconomics.com/commodity/lithium
Any day now, BA wouldn`t let us down.Would he?
CRK22 . Cheers.
No, I'm sure there would at least be a puddle of an RNS in this otherwise desert wasteland of news.
Has it been lodged yet?