Member Info for ARahim

Everything possible, but remember SC is a management company, as a front representative for SM. it has three members of stuff only. I don't think they are going to buy mll or kod, by now they are very fortunate not to finish the deal 3 years ago. they can get it cheaper if they harry before the lithium boom. As I said before they will not buy either kod or mll, they will be happy to insure supply and income from debt service. this insure they will get the first slice of profit what ever the level of profit is. they will mitigate risk in this way. secure supply at the market price + secure debt service = secure future 'very low risk'.

probably, kod is not the issue at the moment for funding production, I expect SC to sign another supply deal with mll as well before any funding deal with kod. In this way synergies will be developed further to make sure plant or plants will be fully operational. and cooperation will serve the three parties, kod, mll and SC interested.
It is just a guess. May be BA is not going to do any presentation there as he was not in their pre-planed schedule.

not sure about that, I become more and more convinced that SC or SM are not interested in buying kod or mll. they will be very happy providing cash for plants and secure income and supplies rather than be involved with production profit directly. this way they will have the debt serviced first whatever the profit will be given the state of the lithium supply market. they will make the balk of their profit from final products 'batteries'.

Bib become wise man, he is claiming objectivity, a monkey washes his face with milk and thinks he is a monk. First you have to accept that BA is objective before you make any claim on objectivity. He is the leader and we are looking for him to make kod stand up and return value to share holders. You are looking all the time in the opposite direction and claiming objectivity. soon enough you will claim you are a saint.!!!!
good night bid. Get rid of your negative objectivity and start a new page or real objectivity.

CRK, I am just describing what is happening not moaning. I do this myself by at larger step. "If SC are definitely funding" is not my opinion, it is BA belief as well, as he repeated this and with stress as well. SC is just a representative of Shandong Mingroui overseas. They tried to buy BGS before and prevented by the Chinese gov rules. This is why they created SC to hlod some of their profit overseas 'as service charge' for the purpose of obtaining assets such as kod and mll.

funding, if it is not a loan from sc. there are may be two other sources of obtaining finance for the next year, one of them is gold assets sales, the second one is to get some cash from mll for this:
In addition to exploring operating synergies, the companies intend to negotiate an access agreement for the N'Kemene Ouest and Mafele Ouest concessions ("Bougouni West Project") that are owned by Kodal Minerals via the Bamabara option agreement.
raising cash at this sp level is not good for kod management or share holders alike.

it appears that the bottom 5-10% or kod share holders have no faith what so ever in the stock. They are sports. stop loss is affordable if you already made some cash last week. It is always more appealing to sell at 0.06 and buy at 0.05. You feel you have more shares. cash does not matter at this level. the problem we know, will be that half of these traders will not get the good reward when it comes. keep cutting the throat of each other gays, till the right day comes and you will be the victims when cries do not count. when spending less than £5000 drops sp 10% you know the crowd has no sense.

Yes, demand is growing and it will grow further by time.
Shandung Mingrui is keeping an eye on both kod and mll through the eyes of his agent SC. I Wonder how match cash they staked in Singapore branch for the future deal to be successful. It is all informal but wise way to escape the Chinese gov rules for restriction on cash transfer. This time it will not fail as it did with mll on 2017.

That is good new daza, I think SC is the overseas 'singapore' cash deposit management of SM. bgs TO failed because of Chinese government rules on cash transfer from china to other countries. SC is private, composed of three managers, one of them is in kod board, not too far from MLL. They are still around.

if you don't keep quit you get in in paradise. behave.

whatever FS study they supplied, it was done under the gaze of SC Geologist and he was aware of it. So SC has no excuse to turn it down or ask for more info. As BA said, SC indicated they are willing to finance the production. This is where it settles.
BA clever or not, it was SC who financed most of the late works and BA has no choice but to be in line with their strategy. If BA trust SC will deliver, then we have to accept it as it is. It is too late to turn Kod strategy towards convincing the wider market. I am still positive on SC providing full finance. expanding the resources will come later.

daza, SC don't just walk away, they have long term plans and commitments. they have wise and steady heads at the top, not like what you think about them. They are an other category mate.

cash burn is going on, BA has to show from where the next costs will come from. we don't have to wait long for this. Soon we will get the change to know the future of kod. is SC in a stronger bargaining position? I wont bank on this. Mali is not proper Africa jungle, locals have stake in kod as well, besides SC is not a small company to collect a bad reputation for destroying investors equity or build a bad relation with locals. in the case of TO a fair price will be applied. In the case of a loan, there is enough profit to cover for this, there is a lot there to extend the mine life.
As to yesterday spike, it is expected to fade away easily, as the news of finance is the main driver here not MOU. soon the volatility will be reduced and we will return to normal if not steady increase. keep faith gays.
a loan from SC will be a strong sign for financing the production. Yesterday trades may count for 10% of kod, but that is not true as there a lot of repeat trades and adjustments. we still have some silly traders trapped from yesterday, this is what is pushing the price lower. They are crying and selling but that is what they deserve, they bought on spike for quick back.

CRK22, placement is not possible as SC has limited number of share to buy before they reach the 30% kod ownership which will force them to make a bid. So for SC and all PI,s as well raising funds by new placement at this level will reduce SC and
PI,s holding too mach. 3 millions needed for 2 years to production mean 60% at this sp level. so I guess the best way is a loan added to the cash needed to develop production 117m + 3m = 120m will secure kod to production and preserve SC holding. So if BA is true in what he said many times, a loan from SC will precede the final loan for production.

Yes CRK22, if kod had fallowed the expected path of an explorer 'looking to satisfy the market' then a loan form SC for going concern wont lift sp that mach. The gays were planing to head for production first from the start. All their work was about satisfying SC first. that is for a strong reason. I will not be surprised if news about finances drop tomorrow in the morning.
You just do not go to this length in planning without confidence in achieving something.

so BA don't have finance and he don't go to investor meetings either!!!. above all of this, he signs a MOU with MLL as if he don't know he is to be bankrupt by the end of the month. week, week reasoning James, unless you think BA is a small boy trying to hide the trouble he got in. What BA is doing is just a proof that he has strong backing from SC as he said it many times.

these are canceled trades, as they are set to 0.07 buy, as the buyer did not restrict the bid price. there is a long waiting list for traders who are waiting to buy at a cheaper price but the offer is a bit high for them.

the 8 million is a sell, they bought yesterday at 0.073 and sold today at 0.069. kind of late traders who just fellow the crowd. This will consolidate in this level for a day or two then it will head north again.

Fisher209, thanks for the link. we are actually banking on what BA said after min 13. SC is going to finance the production. May be we will have the news about it soon.

it is in the process of braking the last months trading patterns. consolidation is in the process.