Member Info for ARahim

what they are saying is:
the coarse grained Ngoualana mineralisation does not need floating to generate good results '70% recovery rate at 6% concentrate', hence they cost of the initial plant 'without floating process' will be cheaper.
so they are likely to build the first cheap plant and generate revenue for few years before they need to upgrade to using floating.
the residue from the first process of Ngoualana will be used later to enrich the floating process that might be needed to process the other deposits. hence the mix 30% residue + 70% from the finer grains of the other mines.
In general we are talking about a cheap process that may last a few years before upgrading the process to use flotation and finer grains inputs.

The alternative is already activated:
A third drill rig is now mobilizing to the Lumbeta target area where over 3,700 infill soil samples have been collected and where soil geochemistry provides encouragement that the target area may be copper bearing. Cheyeza is not likely to attract a major so far.

so far we have not identified any solid structure to this deposit, extra drills may come with extra deposit or nothing. this is challenging all theories and expectations we may go all the way to prove this deposit, better go for drill 1000m apart first.
sp will stay in this low range for a while, unless new drills somewhere else. there is a deposit but it proves fragmented so far. I guess some trouble is ahead

good controls on inputs to feasibility study is certain to bring cash to build a plant. if we can prove it cost effective we can make it cost effective. very good progress.

don't you see people, all three of you bb, james, daza, are embedded in dark thoughts, you can't even convince yourselves to have a new look at things and see them the correct way. In is not all doom and gloom as you imagine. I know you want through a spell of negativity but this has to end sometimes, it is no one way ticket.
ask why some insiders who have never invested in kod suddenly are investing!!
ask why Bernie is confident he will start building the plant after receiving results back from Mali gov.
stop worrying about a market we are not going to sell to.
god be with you.
good night all.

exactly daza, till there is a concrete proof there is no reason to be negative. we are working to achieve something, this is what kod is doing.

It may sound disappointing now that there is no enough demand for lithium yet, this will change, and lithium will be higher in the future as we move to EV, and large scale batteries for solar and wind energy. SC were cautious in drawing the contract to buy 80% of concentrate at market value, but now they are aware it is the right time to increase their stake in kod while lithium prices are low. I am quite sure Bernie received firm assurance he will be backed to build the plant, otherwise he would not invite his team mates and himself to buy at 0.08p.

all right, you added one option, you are entitled to keep it. I prefer to make business not to destroy ones.

it could reduce expenditure, to reduce dilution, but it still have the asset at its disposal, and lithium is in demand and will be in high demand 2 to 3 years from now, to give you an example: Arcm faced the loss of its gold asset worth 1 million once, due to new rule preventing the use of cyanide, it places one chap there digging and may be extracting gold to cover his own cost, he is still there and arcm still own the asset. some shares may change hands but the value is there.

daz, option 5 is not on the menu, as kod can reduce activity to hibernation and still have right to assets while SC is here to meat the requirements of contracts and orders already progressing towards fulfillment, companies do not buy stock for the fun of it, they buy it for production purposes.
Hoc, mcap 6m is far from representing kod value, it is a result of miscommunication. the next 2 to 3 months are very important to sp real value.

Let's see what could we have as scenarios:
1) SC lend us money, it makes no sense at all to land huge sum of money and wait for the product with all cost and risks attached to it. including bad management that is not under their control.
2) SC contribute to the capital to get 80%, then obviously they want to get involved in managing their company and securing output by using probably their own team or workers.
3) less likely though, many contributors may be invited the plant that will supply 80% to SC, the question here is why allow others to raise high costs and profit for a product you are going to pay for? not expected from the Chinese.
4) SC change course and make an offer to kod to buy the large stake of kod and may be split lithium and gold apart and buy the first lot only, the plant and out put will be his problem.
scenario 1 and 4 are the most likely. what will be the offer price? !!!

do we really have to worry about lithium prices right now? we are not producing yet, and the demand is set to increase next year. right now we have to contemplate the implications of SC financing the production plant, this will increase his holding to >= 80%. in this case will they stay aside and buy the 80% out put or jump in and manage the output itself.

bb, they raised money at this level as a reward to insiders, locals, and may be friends 'svs'. I don't know how 'svs' fitted in this schema.

This is what production mean to kod:
1.5 million ton processed /year >>>> 170000 concentrate/year at the current price this mean
$117m revenue, take all costs we should get about £50m profit a year.
This will propel the sp to 40 - 50 times current price. image 4p or higher.
we have 10 years worth of ore, the exploration will bring more.
so lets go to production, production and production... stop this mess of destroying shareholders value in pure exploration.

just a speculation, to revive dialogue.
as I see it SC small contribution to the last fund raise and his promise to help with 70m for the plant is an indication of SC focus on production in the short run. Mr Aylward, may want to increase expiration to prove more resources before committing to production, may be an indication of haggling on the true value of the assets.
In one hand SC want production, more stake and expansion next.
Mr Aylward want more exploration and more power.
I guess, The first man in kod will be a production manager, the explorer position will next.

I am here since the days of Norway. Thanks to god alone I have not lost a pence here. I am very positive on making a nice profit when time comes. I do not base my decisions on crying crows. I just don't sell on loss, I only sell on profit this is my strategy no matter what it takes to achieve this. Let it go to the wall, I am still and continue to hold and add when needed.

strange, if it is not going to last long, why you are here wasting your time, find other happy places and spare us you negative 'drivel'. you are on the wrong board. This is kod if you don't know!!!!

you are trying to convince me that all sc investment, insiders investment and Bernie investment at 0.08 is just for fun and you are the right person who knows what is good. strange fellow indeed. All those invested and keeping investing are wrong!! if you are looking for one or two weeks profit you may be right but not 1 or 2 years.

it is on 2:19 post "Chinese friends?", if you can't hold few bites in your memory how can you do analysis mate!!
better change the hobby.

here is what sav have compared with kod 23 million tons and higher grades
~15% increase in overall Mineral Resource Estimate which now stands at 27Mt at 1.06% Li2O for 285,900t of contained Li2O
but still the price is multiple that of kod. the only difference is geograph; europe vs mali