Member Info for ARahim

tqhussain here is one of his old comments on funding. ater min 13 but he repeated this many times in interviews.
https://ukinvestormagazine.co.uk/kodal-minerals-presents-at-the-uk-investor-magazine-summer-investor-evening-july-18th-2019/

tqHussain, kod BA repeated many times SC is willing to help with the production, MLL has its Chinese sponsor as well.

does this mean sponsors are joining forces as well. It is a strong hint for who is going to finance now.

from the start and from BA speeches and behavior, he was and still banking on SC for finance. As I said before he is supplying the market with just information to comply with the rules.
The main question is, Is SC going to finance as a loan or making a bid. We know SC can't buy that mach shares before they will be forced to make a bid. All my guesses go towards the second option.
a bid to buy kodal side of lithium only for what price. what is the reasonable price given the situation??????

a $ 3 millions loan form SC to bridge the gap between now and production. If SC is going to finance the production $ 117 millions I can't see why he does not provide $ 3 millions for going concern. raising cash at this level by issuing shares, is not something SC would like to contemplate, as it reduces his holding significantly and ours as well. This is the next clue we are looking for. when it comes, sp will have a vertical spike .2? p. as BA is not going to investors meeting 121, I guess he has an other option ready, they are just waiting to see the market reaction to today's news. again SC is in the first seat.

ivenoidea, I would not wait that long as the sp start picking pace now. the way is clear. full information mean full price.

with yearly net profit = 117/1.7 is at least USD$68 millions, finance will be here soon. 1.4 billion revenue for 8 years, is very good news for Mali gov and share holders alike. plant costs = 117 millions is very affordable. the future is with kod as the lithium demand pick further.

Mining licence lodged and it is very positive.

James, No fear no b**l sh**, stand up and be counted. even if you are half dead this is no time to run away. This is business risk and we are taking some of it. the reward will be great if we get it right. it is only few days and every thing will be clear. Soon we will know those on the right and those on the left. You have to be in it to win it. when it starts moving you will not have the time to watch it. it will be a spike, I hope on the positive side. You are not going to chicken on us are you?
have good week end.

BA seems to trust people a lot. someone said it will be done by mid January and BA published it right away. SC said something and BA is following right away in their foot steps. Friday?? I was not expecting news in the morning any way. I have experience working in such environment, people trust each other, not detailed planing but it delivers. The type of news will come in the middle of the day. Friday for Muslims 'Mali' is like Sunday for Christians little will be done.
The good news is may be BA has already sorted some funds, as he is not going to 121 in cape town. Lithium is still consolidating position and faith is growing in the metal future. any movement is this direction ans sp return to its positive mode. Fingers and toes twisted.

hornedrum, what do you want to be explained mate, I have no clue what are you talking about!!!

returning to one year high. kod is still napping, something is cooking.
https://tradingeconomics.com/commodity/lithium

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.

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.

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

still gaining ground:
https://tradingeconomics.com/commodity/lithium

in4cedros, The real deal for peace in western Africa is to stop the rot in Libya. when the french understand this and stop supplying arms to Hafter against Tripoli, we will see lasting peace. Fortunately pressure from Russia and Turkey forced last week, both Libyan parties in Libya conflict to sign a peace deal. soon we will have a proper government in Libya and the supply of arms to African insurgents will dry out. The French have to learn to use diplomacy not arms.

continues upward movement:
https://tradingeconomics.com/commodity/lithium

Lithium is the strongest existing positive ion, plus lithium is the lightest metal. so lithium will still be needed for batteries with the same intensity or higher. more capacity = more ions.
Lithium index is still heading north.
https://tradingeconomics.com/commodity/lithium