Member Info for Bfdinvestor

Potatohead, why are you still banging on about African spod price.

Our price is based on the cif in china price.

As before, only two other posters have ever tried to ride that particular pony

And everyone knows who they are

It's not that simple

I already have a small number of shares here.

I'd like to invest more but there are so many red flags

The BoD dont communicate

In total last year the directors gave themselves 1m dollars when the business turned over 2.6m.

There is something deeply wrong with that

I don't see how they avoid insolvency at the moment

I've looked across a number of years.

Go and do that and then explain how a non exec can possibly be worth that much. It is ridiculous

I have a small amount here and would consider adding a bit more, but the director remuneration is ridiculous

Have you actually read the accounts. The directors fees are about 80% or half year revenue and four times the rest of the staff.

That is what I object to

Wrong question badomen

What is the incremental cost per tonne of each 5% change, given the overall AiSC is 647 and about half from memory is transport, royalties and taxes.

Still why don't you play to the troll agenda, as he is trying to spread it across multiple platforms

Still trying to push the line Steve has quit Bloggs.

Just like you did a few months back

It's as wrong now as it was then

He has reverted to his non exec role

Yes I've been saying consistently that we won't get a decent picture of the overall financials until we are a few shipments in. All we can say with certainty at the moment is looking at the current spod price we are making a significant amount of money.

All this conjecture does at the moment is help those who want to spread doubt.

Those larger investors who joined a few weeks ago can see what is building, we will see a similar influx in the next couple of months I think

No surprise that todays update came out just before the conference next week

The directors will end up owning all of the company if thay keep taking their exorbitant remuneration in shares at this sp.

Which I actually think is the plan, given the lack of any comms

I'm not the one claiming they are burning money Bloggs, that is you.

Where is your evidence for that.

We know from published figures that the AiSC is more than one thousand dollars less per tonne than we will getting as payment for the next shipment.

So Bloggs they aren't burning money in the real world. They are making a massive margin.

If you are so worried perhaps you should sell up

Bloggs most people's definition of burning cash means losing money.

Is that what you mean

You asked other people to provide evidence, where is your evidence for this

Good to see you getting posts removed again

I know Albatross, it is pathetic.

Apparently we are now apparently burning cash lol.

It's strange how bloggs asked people for evidence yesterday and today comes out with that totally unsubstantiated BS

Yes they have been so ineffective that they have got the plant up and running under budget and are on target to hit this years sales volume. which, at current prices, makes us a cash machine

Nope that comment relates to trucks transporting feed stock from the pit to the processing plant. more trucks are coming on site, which wouldnt happen if there was a fuel shortage

So actually the rns has revealed many things, my summary is not good

and that surprises.....nobody!

so 27m for the first shipment wasnt good, despite it being a third higher than you claimed it would be

The next shipment being worth way over 30m isnt good

Confirmation of 125k tonnes planned shipments for the year isnt good

Confirmation that phase two study will be done this year is truly shocking

no serious investor would ever hold shares in a start up business delivering on all its promises.

I'd best sell up right away lol

Totally baznick i can only see two posts on here today, the rest are green

So defintely not 20s then Badomen. lets wait and see. 27m for the first shipment was far higher than anybody expected

So you agree the next payment won't be in the 20s then badomen?

Maclse this time next year should be a totally different place.

What Kod have achieved is phenomenal

Sadly we sit on AiM which is probably the worst market in the world

Look at the comparison to ALL.

Their market cap is about 30% higher than ours and they don't even have a mining licence lol

Plain stupid