RE: Why??19 Nov 2021 09:50
Wild tiger the licence news was priced in a long time before it was announced , everyone knew that licence would be granted it was no surprise when it was.
The problem investors like myself have looking in ( yes I'm not currently invested but have been a couple of times)is lack of new news in the near future.
A pfs needs to be done , norm this takes months , and with kodals history probably longer , they also need to finance the mine , again prob a fund raise.
So I personally think investors have prob took their money and invested in something that will make some quick money next few months while they wait for this.
Good news for current investors, kod are sitting on a large deposit of a commodity that will soon be in very short supply. I 100% believe they will mine and as the pfs gets nearer the time to announce I'm pretty sure many investors like myself will come flooding back. If they do a fund raise a the share is diluted a little then even more will flood in.
Just timing now for those like me looking in and a waiting game for those already invested, this will come good no doubt about it.
My opinion only of course