Member Info for Celle

I agree the Tories and Reform should do a deal but can reform trust the Tories? As I have said b4 once bitten twice shy. Anyway are the remaining Tory MPs Conservative or a mixture of Reform, Labour light and Pinko Libs. Cameron managed to change the Conservatives by his A list MP selection strategy turning them to more of a Blairites ending up with many factions occupying the Party. Cameron was the heir to Blair.- ie very little difference between them.

Roger re your 8.01 post.

You have a negative view and appear to have had so for sometime. Your post in my view shows an underlying positive outcome. You are so confident that to SP will increase to your breakeven (.0039p) or even more that you are prepared to take the risk of it declining further

So I feel a 20% from your view that a 20% appreciation can be expected and possibly more.

I shall continue to hold to production and phase 2 unless of course Hainan makes an appreciably higher offer in the meantime.

Gate & BB- To my mind once bitten twice shy. Farage did stand aside in 2019 and what thanks did he get from Boris. None- except Tories won a very good majority & blew it.

BB I think the Tories are still split but there has not been enough time/differences yet for it to show. So those Tories who believe in Reforms policies should leave & join reform. To be honest I still think 2/3 rds are still Labour light/Libs masquerading as Tories.

Thanks Roger for your reply. I had thought it was fairly soon but on re listening @ 42min--- BA said B4 production ( January 25?) for the offtake and 44min 10s on obviously MG are taking a keen interest "to get a fair value on the product"

As various people have mentioned it is v important we get as high a floor price_ I am waiting!!

Anyone remember if BA mentioned when the offtake agreement will be disclosed ?

At the webinar --- https://events.engageinvestor.com/engage-investor/kodal-minerals-plc-investor-presentation?bmid=b8da9ce30c9d

At 35m55s Have reached agreement on floor price & 42m Final draft with Hainan.

Mar- Thanks for your comment. I agree, but unfortunately life is politics and directly HMG affects finance, stock market & then Lloyds. In other words everything is connected.

LTI-Thanks

The Tories are were split b4 & now after the election- They still cannot decide if they are proper conservatives, pink libs or Labour light. Although I like Badenoch and her heart is approx. in the right place i think she will have trouble if she tries to enact proper cons policy.

People must have the courage of their convictions and vote for what they believe in.

Hi lucky- I do not know if your comment was directed at me but I also voted Reform because I believe in what it stands for. I was not moaning only commenting on our system and the lack of trust in our politicians. I am not a Rabid Remoaner quite the opposite.

Jcb- I am not surprised -there are many strange names in this country.

Anyway-Raw Data?

I signed the petition knowing full well thst it would have no real effect but under this Government it appears to be the only way people can express their opinion without possible repercussions-real or imaginary. The petition only expresses the views of people who feel that HMG were less than truthful in what they said b4 being elected. Yes you can say what do you expect from politicians but HMG are taking the mickey and treating the electorate as mugs-which it appears we are.

Obviously our electoral system is flawed- the electorate cannot hold a Government to account when they blatantly lie other than expressing our opinion at the ballot box when the damage has been done.

Well, the CPI figure at 2.3% -nicely contrived handled -not.

CPI figure in Setember was 1.7% so HMG have successfully been able to achieve a lower CPI rate in Septyember which means they have saved many tens/hundreds of millions £ as all benefits/pensions are based on this figure.

This has happened b4 I think its a fix!!!

Https://www.markpack.org.uk/155623/voting-intention-opinion-poll-scorecard/

Looks like a sell/buy to me - no real change in SP

18-Nov-24 15:15:01 13.40 500,000 Unknown* 13.15 13.45 67.00k O

18-Nov-24 15:06:54 13.272 450,000 Unknown* 13.15 13.45 59.72k O

Onlyking- I believe it supposed to be a 12/18month forecast but it is like a moveable feast it keeps on changing. CG - Capital Genuity fore cast 1p on the webinar but---

26-Sep-24 Canaccord Genuity Speculative Buy - 1.45 Reiteration

14-Nov-23 Canaccord Genuity Speculative Buy 1.65 1.85 Reiteration

they forecast 1.45p 26/9 so it looks like their optimism is going down.

I would like to think we will be at 1p when we are in full production (DMS) but there are too many variables at present.

I thought it was very good feedback. As Lavenda says BA said it would be 18 months b4 we need worry about stage 2. At the beginning he did say that the majority og f the $175m cost would be paid for by profits on the DMS. Depending on the offtake price / agreement which will come b4 production in Q starts it is possible it maybe fully covered. Anyway he did comment that there were various ways to raise any deficit once cashflow is established. My view loans, bonds, Hainan,placement etc. but that is way in future-18 months at least.

I noticed that he mentioned transport costs were coming below costed ests. ie $125--to $110 and possibly lower which leads me to believe that opex-AISC could be trimmed be lower than $647pt . ( A share I hold RKH trimmed costs dramaticlly from $35 to $25per barrel) Every little helps- Transport costs from $125-$110 saves $2M. 33mins Also I noted that MG were keeping a close eye on negotiations re offtake to ensure competitve fairness. It seems to me that MG have an interest in ensuring a higher lower offtake price so that the mine is a success and moving onto stage 2. (44mins)

Generally I am very satisfied with what BA said and that the relationship between all parties is strong. I do hope that the 121 meeting next week will enhance Kodals profile and result in more SP activity.

I must sort out my typing!!

Rob -you are so right. I just cannot see BA going to the event without giving some explanationotherwise I am sure that this matter ( RNS 5/11/2024 ) being raised. If he goes to the ebent and the matter is not raised then ?????. So this week it is.

I did not comment on the RNS and the furore it caused as I decided to wait for further developments. The RNS seemed to expose a misunderstanding between Kodal & our partners and I thought it would be resolved quickly-but no . I definitely thought we would get a RNS today as they have had a few working days and the weekend to resolve matters. Now that it is nearly a week I am concerned and as I have previously said I think we deserve/require either a holding communication or an explanatory RNS.

Laverda- I appreciate that this is complicated being in 2 jurisdictions but this uncertainty but this cannot continue. Lets have a holding communication or a RNS with a resolution.

This cannot be allowed to drag on in limbo.

Is it just me, but I feel that it is an explanation from Kodal to the "Misunderstanding" which led to the collaspe of our SP is overdue. Am I being impatient to expect a full explanation and hopefully a resolution of this debacle so soon ?

It will be in the " works" but this uncertainty must be resolved soon.