Member Info for Bfdinvestor

Bishop why no apology for yesterday's stupidity. It's a cardinal sin

AHS

Cheers, no probs, it's good to have a balanced and respectful debate.

The most important thing is we both rate and believe this business is going to do fantastically well

Thanks Goodlife

i think a couple of posters think I'm negative about GST when the opposite is true. I'm probably one of the very few people here who was buying in the 0.3's, albeit at a small scale!

The fact the soft launch was completed successfully and rolled out is a massive positive for me. It's another sign of a company doing things the right way. But what i want to contribute to is an honest board that looks at GST from a risk and reward perspective, not an echo chamber.

Its interesting to see the CABP RNS today, irrespective of sp movement, as i believe that revenue wise GST will be in a similar space in the next couple of years. They have a market cap ten times ours!

Lots of positive news to come here, lets hope for significant sp growth follows

Ivroche

I think the key things to remember are so far KOD have only explored less than half the potential pits at Bougouni, have assumed a very low sale cost and a short LOM.

All three of those things are only.going to go one way. I can see the NPV doubling potentially

Then there is the gold potential, which has zero value attributed at the moment.

5p would be a market cap of over £1bn, which I think is a stretch, but certainly over 3p is more than possible imho

Thanks Wents, that's top info.

We know we have the license for the miscellaneous area, which means we can begin construction of the road, so I'd assume this is the civil work referred to.

It might be that timelines get slightly extended due to native title being so close to Christmas and all the Troy nonsense and as long as licence submission didn't get forgotten!

There should hopefully be a good flow of positive news coming along in the next few months

AHS I think we are operating wherever we can.

Take the US for example, my understanding is a separate license is required to trade there at any scale.

AHS

Thanks for cutting and pasting a load of stuff I'd already read!

It just reiterates what a standard soft launch is.

My point is more the platform is live so we shouldn't expect any more specific Comms about it.

As for the list of countries currently exempted, whilst we will get the UK, I very much doubt if we would ever get or want North Korea for example!

Interesting that the spread parachute was deployed when it looked like real momentum was starting.

Is someone accumulating at these sp levels.

Lloyd you need to understand what a soft launch is. It's a test and learn phase, with bugs and issues being fixed and improvements to the customer journey made.

Once it completes it means the platform is ready to go live. That is what roll out means.

I'm not twisting words at all, just giving an objective view, if you disagree then that makes for a good debate amongst actual investors

Lloyd the detail is the soft launch has completed therefore the platform is fully live. As for full geographical roll out who knows, it may or may not have happened, but that would be standard take to market activity. Focus on where the biggest opportunity is first.

I'm not expecting any further Comms to say the Exchange has gone live, however there is plenty of other good stuff I'm looking forward to

Why do you guys keep saying GS20 isn't fully live, when the RNS implies it is?

Wolfofwarks II's do tend to be sticky and if they sell they tend to sell off market to other II's. So they tend to not affect the sp so much

Hence my approach to free float

The only sensible way to look at free float imho is to look at the shares that are available to buy on the general market as these are the shares that are openly traded and therefore are price affecting. They are also the only shares that are likely to be available for shorts to buy back.

So my personal approach is always to exclude major holders (II and other) as these are unlikely to ever be available on the public market. And I know this isn't the technical definition of free float but it seems the most relevant

I wonder if someone has got wind of the licence transfer

I wonder if someone has got wind of the licence transfer

Twice the number of buys as sells, certainly looks as if they want to keep a declining trend within a range for some reason

Well it certainly seems they believe this share can only go one way outside of news.

Maybe they should try an increase and see if that generates more liquidity

I'd guess the bishop spends long enough bashing himself so no need for anybody else to do it!

No idea where the sp will go today, but we need to see an RNS or two. The BoD performance isn't good enough

Pedro61

Kod is fully funded with a massive Chinese partner.

The infrastructure we are putting in place is bog standard and has been implemented in many mining operations around the world.

The BoD have played this with a totally straight bat so have followed all government regulations to the letter.

We will be one of the lower cost producers and will still make 40% margin at a price where lots of producers are stopping selling as it's uneconomical.

In view of the above perhaps you could elaborate on what you perceived the risks to be.

I'm all for discussing the positives and negatives of any investment, but what you are doing with your one line posts is pointless and adds nothing to the debate

Pedro61

Kod is fully funded with a massive Chinese partner.

The infrastructure we are putting in place is bog standard and has been implemented in many mining operations around the world.

The BoD have played this with a totally straight bat so have followed all government regulations to the letter.

We will be one of the lower cost producers and will still make 40% margin at a price where lots of producers are stopping selling as it's uneconomical.

In view of the above perhaps you could elaborate on what you perceived the risks to be.

I'm all for discussing the positives and negatives of any investment, but what you are doing with your one line posts is pointless and adds nothing to the debate