Member Info for ARahim

James, I don't think it is a blood money or Chinese has any thing to do with the corona-virus. Their only problem as an exception to the rest of the world is: south Asian and rain forest dwellers in general has never being acquainted with the restrictions imposed on the rest of us on what type of animal s to eat and don't eat. It is thanks to the three religions Judaism, Christianity and Islam that some species are not meant to be on our tables. I wish Chinese and jungle dwellers will learn this ans stop sending bombs to the rest of the world 'as viruses'. pagans stuff.

What is the difference? a mine imply a production plant, as there will be no mine unless you can produce concentrate. unless of course if he intends to flog it right away. If the price is good fine we get cash instead of dividends.

Thank you all for the link, BA sounds very bullish about building the plant.
https://www.brrmedia.co.uk/broadcasts/5e8ee7f731da814c9fc6911c/kodal-minerals-update

yes, it is true, they were planning to do it
https://www.aa.com.tr/en/africa/who-slams-scientists-for-africa-vaccine-testing-notion/1794966

protest spread in Africa as the french prepare to test new vaccine on Africans.
although Africa is not likely to be affected by the virus especially in the hot areas, as the rate of transmission is slow there, The French scientists plan to use it as a test ground for corona. what a shame!!!
https://www.bbc.co.uk/news/world-africa-52189144

speedy, since they are not allowed to sell short or long, they can't sell all their shares at once even if sp moves up say 0.08p.
what will be their guarantee that sp will drop soon as they still have to make many payments related to sp in the future.
if sp moves to 0.08p and they sell all their shares and after that sp moves to 0.2p they still have to make payments in the future at a higher price with massive loss, they can extend to payment period, but they can not avoid it altogether.

TimmyTradeFace, with no mojor expenditure on the pipeline, and with the rate of expenditure so far, £250,000,00 would last for months.
So kod did not need to raise cash till it settles the ML and TOA with SC, then with improved sp they could raise cash the way they like.
With the new Covid19 situation, investors are more choosy. So what is this cash needed for? part of it will go to exploration but this will not make kod able to raise cash for the plant. For plant development we need either SC fully committed or 3m cash to improve all figures published so far.
So it is up to BA to clarify this point. Is SC still committed to building the plant, if so why this 1/2m cash raise now? Does the LM need some help to be issued. Riverfort are familiar with west Africa business!! I guess this is where they get their confidence from.
This RNS really opened the gap wide for speculation about the relations of kod and SC and the future of the plant building. but the confidence of Riverfort in putting their cash here is a comfort we can't ignore.

River-fort shares jumped from 0.07p to 0.7p in March 05/2020. I guess they are investing for profit here. As soon as we get the ML things will change here quickly. Mali is not affected by Covid 19. Soon they will discover they are not in Europe and start work as usual. Things are quiet in this bb now, I guess boys are selling their staff. This will come back good. Someone has just invested 1/2 million here at 0.035 and folks are selling their shares for 0.02, strange way to invest.
daza, can you please send an email to riverfors and inform them of your wisdom so they don't waist their money!!!

you s***** m*** no one predicted covid 16. BA has done what is best so far. It is time for you to cry b***.

SC, is a middle man, they can not make a move before getting ML and signed OTA in hand. They are not likely to finance the project by themselves alone. They are aiming at discounting the deliveries contract to the final users of lithium. SC still there by waiting for tangibles.

sorry, I meant
at least 1/2 above MLL value

cash is king for all including Mali gov, It is expected that African countries are going to loose 20 m jobs in the next few weeks. Corona virus is not likely to impact countries in the dry belt of Sub-Saharan Africa where Mali is located, they are constantly in summer except for 3 months wet season. It is the right opportunity for investors to make a move. BA has to reduce his expenditure to keep shareholders value. after ML kod is likely to move fast to consolidate its position with SC. fingers crossed. I find it hard to accept the concept of merging MLL with Kod, as they have different strategies and different orientations. It is very hard to assess the value of kod compared with MLL given what they both aimed to achieve. If kod has to be assessed as equal to ar at least above MLL value, this will be hard on MLL shareholders, otherwise kod shareholders will be ripped off.

lots of small businesses are under pressure. No activity no profit. people need cash for keeping up with more urgent costs.

thanks ivenoidea, despite the corona virus, the EV and lithium are going to be big sooner than what we think.

here we are again, black widows settled in. Bib if you have no stomach for risk taking why on hell are you here. You think it is an easy grab and you go home dancing. If kod and SC are still on good term nothing changed so far. Corona virus is not going to stop every business activity in this world. People can not live without production. Even In the west when stock start to dwindle we see how governments are going to protect the frail and old against a new virus. better isolate the old and frail not the whole population. if this no economic activity continue for long we will have to beg everything from china and Russia, or it is a total mess and famine and black death. the west soft approach is not going to make it this time.
Kod is active in Africa where the virus have little hold 'hot climate' and the finance from china.

nothing changed so far, Corona will soon be a normal virus. Flue kills every year far more than corona virus. Economies will get downgraded a bit but governments will inject cash to boost production and we will get higher inflation after few months. life will continue. It is just the bad spell turned sour on the magician. biology war is not easy to control.
As to SC and their market, no big deal. they are planing for deliveries after at least 18 months, not now.

all indicators are positive this morning.
https://tradingeconomics.com/commodity/lithium

the world will wake up when day and decide to switch of media instead of movement of goods and people.
looking at the statistics is not worth that mach hassle!!!
corona stats:
https://www.worldometers.info/coronavirus/#countries
business reaction to corona virus:
https://tradingeconomics.com/commodity/lithium
it is mainly a media bubble fueled by US zeal to punish China and Iran. people and goods are still traveling within each country, why not between them. 'a Blame culture'

UK is the first to adopt cash inject to offset lack of business activity during these days. at most two weeks and the tidy wil
change course.
https://www.cnbc.com/2020/03/17/uk-announces-massive-aid-package-for-coronavirus-hit-industries.html.
as to Mali meeting, Skype will do the trick and save us time.

better be suspended, this stock is loosing 20% on weekend sandwich budget. at least it is no more appealing for cr.