The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thanks Andii, killed the vibe of the party here
The partner came onboard with 100m shares at 3.75p!
We don't need any other partners, everything is now self funded from free cash flow starting from this month. Yes, first sales this month. That's like 5 x daster than KOD
So last year....
Nothing in mining terms. I don't think you quite understand what it takes to prove a resource to attract a partner of any scale.
Bougouni has been in the works since 2017 under kod and further back with others.
Anything other than a medium to high confidence level resource is risk forget what the ceos say its all fabricrated to make further placings easier.
Until you get the hard facts it's all 'potential'.
He1 had the mother load until 80%+ raise
Prem needs no explaining
Copl ? Bust
Boil has had the 'motherload' in the years and years I have been on here according to the ceo.
Don't you see ? Until the RNS and result prove it. Forget about it.
The motive has always been to progress assets in tandem. This has been RNS'd as far back as Jan 2023
https://www.aquis.eu/stock-exchange/announcements/3949540
Andii
Why has the motive moved at maru from copper from spodumene what's the matter with the spod ?
Needs to streamline his focus.
The RNS on process options is due out next week. The JORC RNS is still quite some time away. We will be making revenue before the JORC is released (for the copper mine). How very backwards!
Anything not in a RNS is not worth the post it's on.
2.5MT is small and every resource has 'potential' according to the ceos.
I can list dozens of examples.
Facts not fiction.
Hi Daz. Your gonna love this one!
We got an update on the copper mine. Looks like 2.5MT ore can produce an NPV around $100m. Exploration target is 50MT.
They will also change this to a 90% copper cement process which will slash transport costs and improve recoveries massively.
Here is the info you were waiting for. The source is twitter and not official RNS so you may be dissapointed but this is showing ballpark $100m NPV ($15m profit per year from start of 2025) based on 2.5MT resource size. The exploration target is up to 50MT and they plan to move into the production of copper cement which will improve recovery and slash transport costs
https://twitter.com/jb_miningafrica/status/1785587543108440312?t=3mt6_h81pf8ja1ffci84wg&s=19
Chance to get in before this is officially RNS'd
Stew
We will see. What I can say is bomou and others is being drilled to oblivion.
Satellite images don't lie.
Would be very nice to see a couple of pence once the mine gets going...
Easiest hold on AIM now from this level no doubt there will be some bumps but id suggest a significant capital return even In the short term now.
Markets about to see a proper JV a proper mining construction and will be the first proper producer of spodumene on AIM. We are four weeks away from a potential resource upgrade from 30 to 50MT. slapping base value in the asset for a likely full TO offer.
Even barstool frequenters have gone quiet trying to talk KOD down.
Hold tight we are in for a smashing 6 months +
Haha, I forgot about that, but do remember the pics with the bonnet kit.
Are you still in it for 60m+ shares? I have creeped back up, but not to your previous level.
We enter May and long lead items should start arriving, according to the schedule. The Q1 update was early and I'm hoping all other updates are early with the same keenness. If Bernie reads this forum he needs some photos of the rebar and concrete bases being set.
Hey Clapa, I certainly do, Updates in June/July should be the match that lights the fuse.
p.s im ‘Rangerman’ now 😄
Best advice DO NOT SELL. Hold and be happy 😊. Have a great Bank Holiday and thanks Kodal and Hainan for being so professional
Interesting that they post that under one of the drilling machine pictures.
Could indicate that the DMS vein drilling is on target, not all drills to the DMS veins.
Are we going to get 50m tonne resource on the estimated date?
Https://twitter.com/KodalMinerals/status/1786311104143982997
The Basher check the latest RNS, it is entirely possible small scale production could start before December
Fusionman, what do you think, steady climb over the coming months to production?
Here for the big win! The fun starts soon ; )
Haha, thank you for pointing that out.
Anyway, hopefully they share some drilling results in the near future.
@clapa929
The company has clearly laid out when it expects to deliver news on p8 of the Investor Presentation February 2024.
Construction updates every quarter, next due July 24.
Other updates: MRA Update in June 24, Commissioning Process begins Oct 24, Production Begins December 24.
Well said!
Just checked in here for the first time in a while, good to see some LTHs posting and all waiting patiently, or at least trying to, count me in one of those two depending on what day it is. Happy with my holding here and waiting for the fireworks
Comeonbernie, he will laugh last if you get a pipe burst upstairs.
Be prepared or be prepared to fail or something like that. Bet he carries a leatherman too.