Looking at the rns which announced the mining licence, prices of 1250 usd per tone of 5% spod are mentioned. Has kod declared any such quality? I can’t seem to find any details. This could be a very nice reward.
Knowledge , if you are 100 per cent behind greenland then why not just invest in groc alone. YOu should also be aware that it takes at least 10 years to go from explorer to developer of a mine. While i am aware that wales is not the most friendly place when it comes to mining, I think we need to wait for the dewatering permit before GF can be judged either way. Did you previously go by pseudonym of dazaliam or fastjet by any chance?????
Looking at FFX presentation, i notice that as son as the dfs was completed, they were able to raise 74 milion aud i belive. Can kodal do the same after the dfs has been updated? Absolutely. Not long now.
A quick question G Francheskidis, where is the dewatering permit? I thought you said end of feb in one of your videos. I do think the market needs to know eather way so it can move on from the saga.
UKOG up 48% this afternoon after biden's ban on russian oil. Alba is a 12% shareholder in ukog if i remember right. Why is not that rise reflected here?! Also the great rns over at grock and the constant rise in gold price.
Sweeden does not have much choice at the moment. Net 0 by 2050 is dead in the water with current situation in ukraine. Its eather dig for coal or dig for uranium . I would imagine that they will choose uranium as after all is a realtively green safe and reliable form of energy.
Uranium a critical element in europe. Hagan second biggest resource in the world. Cooperation with swidish gov. Are these the clues that sweeds are changing their mind in uranium mining. If they are this will multibad in a short space of time. WHy import uranium from russia when you can mine it in sweeden. After all the have nuclear reactors there anyway. This is looking very promising.
Dewatering permit news due any time now. If positive this is heading for the thirties if not is heading for teens. Hopefully common sense prevails and its a positive. fingers crossed.
Market reaction to Russia v Ukraine yes that’s right. One has to ask what has that got to do with lithium in south Mali? Not much I would have thought. People always panic on bad news but a phrase of mr Buffet comes to mind: be fearful when others are greedy and vice versa.
FFX market cap is 800 mil aud which is about 400 mil pounds. Bigger resource hence longer life of mine as Daz points out. Kod however may and in my opinion will increase its resource substantially once boguni west is drilled. So far bernard has only drilled enough to get all permits required. Even the way he went about getting pre feasibility study was unusual but he did it successfully as we now know. We also know that ffx and kodal have signed a mou which allows them to source materials and share certain infrastructure back in 2020 i believe. Now ganfeng owns 50 % or so of ffx. I believe that ganfeng will goble up ffx and kodal and the question is at what price. Ganfeng is well known for going for big resource and ffx or kodal on its won is not enough. Thats just an opinion and as allways dyor. good luck all.
Just spare a thought for those of us who got in at 0.32 p back in 2017 and watched it fall all the way to 0.04 around 2020. Boy that was painful. I nearly lost all hope. I was brave enough to jump in at 0.10 p on they way up and the rest has been a nice ride . Keep the faith gentlemen. This is easy now just a bit of patience needed.