Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I reckon the buzz will taper off tomorrow to the end of the week. My only concern is that with an end of the month projection for getting all formalities done, it means completion and granting of mining licence may overlap the beginning of the Mali rainy season, which could hinder progress of an open mine.We know KOD and delays go together so i wouldn’t be surprised if there is no action on the ground until September/October.Doesn’t bother me, this is a long haul flight so every day is progress ??
Amazing how quiet this board gets when the SP dips again.
Patterns of behaviour are quite evident along with the bouncing back and forth of negative and positive sentiments as it fluctuates.
Anyway, set a low buy last week so increased the holding a little more.
If this was destined for the moon I can’t help but think that Bernie would own more than around £60k (221m) worth of stock.
How do we feel about his own interest in comparison to his £115k annual salary? Is £66k a reasonable holding?
How do we feel about the lack of insider trades in the last 12 months?
If the ML was as imminent and fruitful as we’re made to believe, why are the directors not currently increasing their holding?
If their average is 0.003, perhaps they’re waiting for it to drop significantly back to those levels before they do anything.
An SP of 0.50p would make Bernie’s holding worth over a million, which I’m sure is the minimum goal at least given his current age and the length of Kodal’s operations.
What’s everyone thinking? (Play nice too)
My prediction is that at the end of the day it’ll get dark.
I keep saying this, but do your own research...come to a decision and then put your money where your head is at.
Then ignore everything else and hold to the timescale you gave it before either selling, taking a slice off the top or holding.
Mining is a LONG play, so don’t expect to make money in a few months.
Mining is also very expensive, so I think there is a risk of further placements, especially if initial works are unproductive compared to the projections.
15bn currently circulating for a market cap of £23m so it’s definitely not the kind of gamble you’d put your last penny on. AIM is pretty volatile but I do think Kodal have too much in place for it to go sinking.
I’m holding while sipping the head off it occasionally until the big Chinese buy out happens. I’m not convinced Kodal has got the minerals to see this through the full 10yrs on their own unless someone comes along with a massive empty cheque book.
Kodal won’t make you rich without massive risks.
DYOR people
Always a dubious practice.
I set a limit buy for 13.5 to load up a bit more, however I hold 3.6m volume at an average 0.10.
I do find it a little strange though, that if the RNS is imminent with good news of a granted ML....why has there been no insider trades yet?
I’m sure we all know how expensive mining is, especially if it doesn’t bear fruit in the location. Test drilling samples are not a foolproof accurate measure of good ground.
My only worry with KOD is if the costs of the operations require further dilution of the stock.
That leaves the big question, of when to take the money and run.
Good luck everyone
Sick of seeing the same people knocking a stock down instead of just leaving peeps to make their own choices!
Pretty vile behaviour tbh.
In the absence of any confirmation of a licence we can only read what is out there and make our own plays as to how it will ‘pan’ out. ??
We’re taking a punt, we have to be realistic and have a bit of faith that it could come good in time. There is no proof anything good is coming, we’re just hoping.
I have faith, and I’m prepared to lose what I’ve laid down because I believe the price will rise significantly when it’s into production. There’s gonna be such a huge demand of lithium in the next 3-5yrs as all manufacturers fulfil their EV only production.
Do your own research and only use funds you can afford to lose if it falls on its ass.
Shorters cashing out I see. Millions in sells while the buys are kids pocket money.People really do talk crap on these boards. Why don’t people just put their money where their mouth is and play it out whatever the strategy is?Take the profits, take the losses or hold. It’s that simple
I haven’t read anything that suggests the mining licence isn’t coming. Just that they don’t believe SP will rise when it does.
My belief is that it will come, and the rise will too. But it will fall again as people will be pulling their money out at the first sniff of success.
I just hope the new buys tomorrow will be large
A lot of today’s sells have been silly amounts.
Do we assume a load of noobs are ditching having bought in at 0.19 last week?
I’ve topped up again a few times at 0.12 so hope it comes good. Average was 0.11 but I have good faith
We knew the price was gonna drop, due to the £3.5m of additional shares getting added today.
Load up I say while it’s down, it’s very early days but I think the powers that be within the Mali government will have their palms crossed with lithium and the licence will be granted any day.
Just need to ride this little dip out. I’m not at all phased by the big volume reds today, I kinda already expected that after the announcement early in the week.