Member Info for Bfdinvestor

Nettles the off take agreement is for three years initially, so we have surety of income for that time.

The floor price needs to be agreed so that we can be certain of decent positive cash flow.

We then have the uncertainty of how and when phase two will happen.

I personally think we will stay with DMS for an extra year or two

The unknowns are how much value is still to be added here from resource upgrade and the two gold mines.

It's all starting to come together tho

Until now I thought the chef and ivenoidea held a duopoly on pointless posts on this board

Not necessarily Fed

The rule around suspension that Emma Woollard referred to is specifically around accounts being published within six months of the year end, which is the end of August

Key bit for me

Minister of mines already met with Goita post last Thursday's site visit and given us a fast track.

Must at most be a matter of weeks now.

For the foxyidiot, here is a link to our major shareholders, just to help you stopping yourself look quite so stupid. As a hint, the largest shareholder is at the top of the list, not in second place.

https://kodalminerals.com/investors/shareholder-information/

Awww bless

Everyone does get things wrong southcoast

Most people, however, will admit it unlike you.

You just post untruth after untruth

I said easiest not the only way Hexam. Obviously a bundle of approaches is best.

Great to see you are spoiling for another argument though!

Exactly reardon - and that loon is so say running the company.....

So you think a loon is running the company southcoast yet apparently you still don't sell lol.

And that despite us being days away from admin weeks ago

I don't know if it's tragic or comic with you tbh

Nope I have given a simple answer to your question. Benchmarking is the easiest way of assessing the likely value of a business.

Southcoast doesn't dance around, as you put it, he totally avoids admitting to his fud and just spreads more.

Talking of dancing around tho CWWX, you have avoided my question of how a notional valuation can ever be factual

Good to see you are still trying to play childish games tho.

As posted the other day, you really aren't very good at them so should probably give it up

I'm intrigued though, CWWX, how can a valuation ever be anything other than an opinion.

It can only ever be a fact when a sale is agreed and the price published.

I'd guess you are trying to play your usual childish games. So let me finish your gambit for you

Southcoast posted that Boo would be suspended by the 10th of August if accounts weren't produced by that date to support an AGM by the end of August.

That is a factual statement not an opinion.

Straight from the FT at a time when the group market cap was c£380m CWWX. There are plenty of other examples to point to such as Top Shop

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.

https://www.ft.com/content/b3efb8ef-6d23-40df-8cd2-a78732693c8c

It is not hard to see why Boohoo’s CEO Dan Finley thinks Debenhams is the group’s future. Sales at the online marketplace grew 10 per cent in the fiscal year just ended, the company said on Tuesday. It has healthy ebitda margins of 12 per cent, which Finley reckons should eventually reach 20 per cent. Sum of the parts calculations suggest the Debenhams business alone is worth more than 85 per cent of Boohoo’s current market value.

So Adanola is worth circa twice our total market cap lol

Debenhams alone is worth more than Adanola

Ian you could equally say the sp has gone from under 0.6p a year ago to over a penny before the suspension was announced.

Both of those statements would be true.

However they are both largely irrelevant.

What you should be looking at is market cap, which until the period before suspension has remained broadly flat across the last three years.

At the current price it is massively below that average, despite the obvious progress the business has made.

That is why I bought the day before suspension

Ian a simple bit of analysis shows that Mr &Mrs Bai alone own way more than the total number of shares traded on the day before suspension

They simply couldn't have sold as you imply

Ian you also seem to forget that we completed the acquisition of Bake after the nine fold revenue increase RNS

Ian, if the directors have sold, where are the TR1's?

I'd say both Kod and Hainan are getting annoyed. It wouldn't surprise me if the shut down is a way of trying to hurry the Mali government along.

Keita has said it's good to go, so it shouldn't be far away.

I wouldn't have thought we planned to store more than a couple of months production on site and we are currently sat on six months plus, so storage capacity will be getting constrained

Strange southcoast, lots of words but still no admission that you posted for days on end about Boo being suspended by 10 August was a load of FUD lies.

You just can't be trusted can you?

I hope we will have the end of year results and notice of agm delivered on around 10th August.... The sooner those idiots can be ousted the better!!

So you are no longer saying we will be suspended by the 10th?

Strange you can't simply admit it

Yes. CWWX. It's good to see you actually contributing something to a debate for once rather than six year old tantrums and fantasy conspiracies.

The rule to avoid suspension is that accounts must be produced within six months.

Nothing to do with Agm's whatsoever

And Jersey rules are less onerous for companies than UK which is why Boo is registered there