Member Info for Bfdinvestor

Who mentioned a bidding war Badomen

Any deal requires a willing buyer and a willing seller. Kodal have no need to sell

Therefore any deal would need to be at a market price. The simplest DCF shows Kodal's stake is worth a payout in the pennies in sp terms

P2 pays for a lot of exploration and development, either existing licences or new for KODAL, so the business is fgar more than you imply

Badomen I totally disagree with your view of Bernard.

I think he will want to see stage 2 through atleast as that is what he set out to do. He then has the platform to move on to exploration via Kodal.

It's strange that you suggested yesterday that he would like to become a cog in someone else's wheel in Australia

Time will tell but any offer would need to be in the pennies which I can't see Hainan paying

Lucky you dont own any shares in that case ivenoidea

And what price do you believe this supposed sale will happen at ivenoidea

A whole bunch of potential reasons badomen

Including loyalty, commitment, relationships, enjoyment, vision and mission

Things I guess a cynic like you wouldn't get.

Kat for a supposed day trader you are surprisingly inept. The last time the sp hit 2p on the way up was December 2024. Anybody buying them could have sold for a significant profit until mid January.

They could have sold for a blended profit until mid May.

So I very much doubt anyone is in the position you outline.

There have also been opportunities to trade for a profit in the last 12 months.

Judging by the way volume has fallen off a cliff in the past 9 months or so, I very much doubt many people at all are in the situation you imply.

But, then again, you never really have been able to grasp numbers have you

Read what I said badomen

A sale of KMUK can't be forced because it is a private company. If Hainan want to try to force a sale it has to be via the public market. The BoD don't have enough shares to meaningfully affect a sale votey so any offer would have to be compelling to the wider shareholder base. So it wouldn't go cheap. As I keep saying, this is why I don't think an offer will come. The DCf is about as simple as it gets at a top level and it would value Kodal's share way, way over a penny

What makes you think Bernard has any interest in retiring. Is it simple ageism?

Ofcourse an offer would have to be for Kodal Badomen. KMUK is a private company, so Hainan couldn't force a sale.

I don't believe any offer will be forthcoming because Kodal don't need to sell and Hainan won't pay what Kodal's share will be worth with a projected mine life of up to 18 years

So that will be the £5k you apparently bought at 1.2p mouse. The £5k you supposedly gave up on when Bonfirepay news came out

Yet here you are, still spouting away when you good have sold out many times over since then

Again, doesn't quite stack up does it. It's quite a common theme in troll narrative at the moment don't you think?

Why would anything you say wind me up badomen? Especially when I've already given my view that Kodal have no need to sell.

I'm sure if Hainan thought the deal was right on a DCF basis, then they would make an offer, I just don't think the two sides would agree and Hainan know that

As it stands, Kodal have no need to sell

0.6p would be a non starter

The cash flow from stage 2 would justify atleast twice that

Only you aren't day trading here are you Kat.

And if you are as much in the dark as anybody else, why post complete crud such as your incessant claims of a placing at .13p.

Most would say you have less knowledge than virtually anybody else.

An uprising?

Is that what the latest reincarnation is now claiming retec?! So glad I've filtered him.

I've just gone back through some of the RNS and the only gold licence that ever gets a specific mention in Fatou,which has had some money spent on it. So let's see what happens there

Cheers Acker

To put today's stupidity into context.

The carrying value of all the subsidiary companies, which is where the gold licences are held is c£0.5m.

Under no selling pressure at all, the MMs opened with a market cap drop of ten times that amount

Well done Kat, you have just proven my point

So much angst and make believe when you could be doing something positive with your life

Maybe you think this is it?

Maybe you think it's ok for an uninvested troll to verbally abuse an investor in the way that mouse did?

I doubt many would agree with you

What kind of sad person posts on a board where they have no shares mouse

It's funnier than that massive

He told us all that he had sold at a massive profit....the day before he posted that he had topped up lol

I see he is still posting about how brilliant he is, despite his own posts showing the contrary.

Unless, ofcourse, he has a different definition of topping up to us mere mortals

So you have nothing to back up what you are saying Sylvia.

No surprise there, given you didn't even know Nielle was in cote d'ivoire

Let's see your calculations for how gold is priced into the market cap Sylvia.

That should be funny atleast

Clapa, every li RNS has been positive. Another massive pay day will ship next month.

This is frustrating because it is a shockingly written RNS and will likely give the MMs an opportunity to do what they do best.

However, the RNS indicates that they would have done nothing with it in the next two years and it isn't represented in the market cap anyway