Member Info for Bfdinvestor

So Badomen, it would appear that you have no opinions of your own, just a jaundiced critique of how you perceive what others have said.

Plenty of opportunities for this to achieve real market value in the next twelve months. Lets not forget that the two recent explorer sales show how massively undervalued this is

What makes you think it will be a few years Badomen

What makes you think the limit will be the paltry market cap achieved then?

It is really strange with your attitude that you claim to hold any shares

The thing is Badomen, Lav only needs to be right once, which he will be.

You, on the other hand, seems to have nothing to gain

Bumble, all I can say is the filter button is your friend

Cholseyn go and check the previous PLC accounts, they show KMUK as an associated undertaking and therefore include Kodal's share of profit.

So we will get a good amount of information and KMUk accounts are also available on Companies House

Samhew, it's not the one I was referring to, which was part of a PowerPoint, but it illustrates the point just as well.

Thanks for posting again

That is a libellous comment badomen, shame on you

I have an exit point, we are nowhere near it, but its not an issue as I'm already massively up here

Kezzd I think we should look at a range of companies to determine if kod market cap is right. From the companies I've looked at, it isn't.

There was also a chart put on here a couple of months ago that showed the same thing. I can't remember who posted it or the company that produced it

Thanks for confirming that when you stated kod was over valued against its peers, you actually hadn't done any analysis against any peer badomen

As for your supposed comparison against All, I think we have all seen and agreed how daft that is. 1000 dollar per tonne price of spod lol

ALL valued at more than twice Kodal market cap, with a smaller resource, shorter life of mine, and not even put a spade in the ground yet.

Enough said

This is your quote badomen. Perhaps you could confirm the peers. As we have discussed, your ALL comparison is complete nonsense. 1000k dollar spod price lol

On a NAV basis it is overvalued compared to its peers.

Nope badomen, what you should do is look at valid comparisons. Not try to compare apples to pears.

Kodal, by any relevant metric, is worth atleast as much as ALL. Higher resource at a slightly lower grade , longer lom but a slightly higher risk geography.

You stated you had valued Kodal against a peer group. It would now appear that you haven't

You see how silly your comparison is badomen. Straight from the feasibility study

Life of mine (8.5 years) revenue exceeding US$2,145,000,000 based on an average sell price of US$1,060 per tonne (FOB basis).

Are you really that dense badomen

The DFS you refer to for Kod has spod price just over 1000 dollars, compared to 1700 in the ALL DFS. The kod DFS you refer to is based on a mine life of 8.5 years, not the current estimate of 14-18 years. Bougouni actually has a greater resource estimate than Ewoyaa.

And let's not forget that Ewoyaa still has all the development risk attached.

So maybe try comparing like for like badomen. it will show that Kodal is massively undervalued

In any event, I'm still waiting for you to confirm the peer group you stated Kodal is massively overvalued against.

Surely you know who they are

So now the two former directors are allegedly paying Daphne's legal bill.

Bit of culture for you chaebol, seems appropriate, I'm sure AI can complete it

Oh what a tangled web we weave.....

It seems you won't answer the question on peers badomen. Let's keep it simple for you. ALL not yet started to build a mine, sold for twice Kodal market cap. ZINN currently just a pipe dream yet sold for c5-10% less than Kodal market cap.

You were claiming that AlL was over valued, it would seem that was yet another flawed assumption

Suggests to me that the different defendents are pursuing different strategies, not the combined master plan someone was suggesting!

AIM 100 is currently down less than 1%

If you’re using a discount rate of 3.75% on a start up lithium mine in Mali in its early revenue stages then you are deluded

Nobody said that Badomen.

A low double digit discount rate is appropriate. Just like the professional analyst applied.

I'm still waiting for you to produce the peer group Kodal is supposedly overvalued against.

Because, looking at the two most recent explorer sales, it most certainly is undervalued and by a significant amount

Sadly this is typical AIM MM behaviour

No wonder it's the worst performing market on the world

What is interesting in the hearing next week is that Daphane is a respondent in the stay sought by the two former directors, but they aren't a respondent in her request.

It does sound like horse trading is going on and the focus will be on the two former directors