Member Info for Bfdinvestor

If I can't see it I can't be it Humster!

And I don't know if they are referring to the amount remaining at port that couldn't go on the first ship.

The Kodal RNS stated the shipment would be between 20-30k tonnes, so I'll await clarification

i don't think chaebol can hang with bfd.. bfd is his superior and he doesn't like it. lol

totally correct massive he has been ******** to admin about me changing his user name to get my posts highlighting his nonsense removed

#mark of the man

Kodal posted last year that the plan was to transport all 45k tonnes of stock to port.

They posted in December as well that shipping to port was ongoing

The first shipment was for 30k tonnes. This would leave 15k tonnes at port.

Kodal have also stated that the next shipment will be between 20-30k tonnes.

So unless we hear differently that is still what I expect to happen.

I'm not going to take seriously something that Google can't even open

And there doesn't seem to be any communication failure from Kod, whatever troll corner state

Once we establish regular production and transportation this year, i can't see any reason why market cap wouldnt justifiably be £200m

At that point most of the risk is gone. Stage two should bring another massive potential re-rate

Badomen

I don't expect a massive rise on the next shipment

But totally disagree that the SP won't do multiples over time.

Kodal share of profit should be 50m dollars per year using a conservative assumption set.

This should easily support a market cap atleast three times the current level

Trolls are getting posts removed that they can't answer. Here it is again Bloggs

So Bloggs there is no comparison between forward selling a fraction of production and a full offtake agreement for five years.

Lions town had already raised over half a billion in debt funding because they are in a safe jurisdiction. Something that we would not have been able to do

When we signed our agreement in 2023, nobody thought the spike would last at that level.

Yep the usual pointless gibberish from the Grinch.

As expected

So Bloggs there is no comparison between forward selling a fraction of production and a full offtake agreement for five years.

Lions town had already raised over half a billion in debt funding because they are in a safe jurisdiction. Something that we would not have been able to do

When we signed our agreement in 2023, nobody thought the spike would last at that level.

You genuinely are digging a hole deeper than our dry pit

Badomen I'm not sure it did reduce the asset value per share .

Without a funding partner, the asset would always have had a relatively low value as it would be discounted in the expectation of funding.

The sp and market cap both went up post the announcement. So to me it remains value accretive.

We were always going to own less than 100% of Bougouni. We managed to retain a relatively high share.

I don't think any sensible investor ever expected this to rocket massively short term. The more sensible of us have always talked about the 1-2p range and then more with stage 2 and other assets if they prove to be commercial.

I'd far rather see a slow sustained rise than the stupidity of the last week or two which has been manufactured to let in larger players in my view

Come on Bloggs explain what would have been less dilutive.

An IPO isn't it. Main bank funding wouldn't happen. And Kodal's market cap was a fraction of the funding required

Do you think GGP did an awful deal as well lol

Incorrect Bloggs

Kodal also got 17m dollars injected directly into plc.

As posted earlier, the sp before the Hainan transaction was .25/26. In the week afterwards it went into the .4s. That is indicative of a great deal. As a comparator GGP gave away 70% of Havieron

I'd be interested how you think they could have IPO'd a bit of African bush for 100m dollars without giving a majority stake.

But let's step back a bit.

You thought it was a bad piece of business yet you chose to invest on the back of it.

Bloggs you are hilarious

Badomen

It was a funding transaction. It reduced our percentage ownership of Bougouni but it led to an increase in sp and market cap of Kodal.

So you may wish to call it dilution. I call it value accretive.

Perhaps you could explain how else they would have funded development. A £100m fundraise would have been impossible and main stream banks wouldn't have funded it.

As for the cap on value, that is plain nonsense.

Any cap will be ultimately determined by profitability and asset development

Interesting article about the market as a whole and quite positive

Southcoast and Hexam won't like it!

https://news.sky.com/story/surprise-bounceback-in-december-sales-as-people-bought-silver-and-gold-at-record-prices-13497427

The sad thing is the Adog has learned the art of the stupid header from the Kat.

Which means I have to read some of the complete tripe he posts

Great to see and funny to see troll corner with deflectors on full power lol

Perhaps you can confirm where it says payment will be made early January Ian?

A mediation hearing was held in early December 2025 and a formal settlement agreement between the Sellers and the Company is expected to be entered into in late December 2025 or early January 2026. It is currently expected by the GST Board that this will see the return to the Company US$800,000 of cash consideration, the 58,844,713 consideration shares issued to the Sellers and a payment in Singapore Dollars equating to approximately US$300,000 to cover the Company's operational costs

Iangib, what deadline are you referring to as being missed.

If it's Semnet settlement, you need to go back and read the RNS.

It states quite clearly when the agreement was expected to be signed. It didn't state what date the monies would be paid back.

Personally, I would only expect and RNS when monies are receievd

Hilarious to see Hexam still making out that AIM is a logical market

It is far from it

Just go look at Kod, where the market makers held the price for ages to fill big orders and then dropped the price again to repeat the trick

Longdong lovely story

But you forgot the bit where he rages to admin and gets posts removed

I'd prefer Bernie's Christmas babbles to your perennial ones.

There are enough grey clouds today already