Member Info for Celle

Sorry wrong link

https://secure.emincote.com/client/rockhopper/agm2024/index.html

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STP- I refer you to my post at 14.06pm

Vote for any Party that you believe in and their Policies.

I believe that in this Election tactical voting is futile- the Polls seem quite clear.

It does not matter if Labour has a majority of of 125 or 250 they can then do what they want.

I not think it matters if the Labour Party has a majority of 125 or 250 either way they will be able to do what they want. So I think you should vote for any Party that you believe in & their policies.

The Conservatives are just an imitation of Labour there is not much difference between them. Immigration,Climate C hange, Financial policies,Foreign Aid etc virtually the same -Vote for one and you get a virtual imitation of the other.

As Labour says its time for a Change but not Labour or back to the Conservatives.

Reform are offering a difference Financial/Taxation , Scrap Net Zero,etc.

If you are unhappy with them do not repeat the same-Einstein had it right-Repeat the error in the same manner expecting a different result is a sign of madness.

Obviously Reform will not form a Government this time but we must start somewhere. If Reform get a substantial number of votes -greater than the Conservatives or Lib Dems and only get a small number of seats then it will expose the corruption of our system for all to see and needs Reform. Vote for the main Parties and you are only continuing the status quo which has not served this Country well for Decades.

Quite a few of us are think that Hainan will at some point make an offer. It maybe soon, in the next few months or more but Chinese Companies have a track reccord of taking full control.

In these circumstances I would like the value of Kodal nearer to its true value-which some would say is the Market value now-but we know it is far more.

I would like a premium on its true value & not on its Market value at present so I think BA should try to do this by increasing newsflow,speaking to the Market & getting our Brokers & Publicity representatives doing their job.

BA is a great CEO delivering the project with his team, but he also should not be caught off guard be an opportunistic offer.

Thanks CM

I can now go on half a dose!!

I do not believe the SP is still so low!! Unfortunately I have put in up to my limit so just waiting.

Something must give with all the good news on its way & mine development ontime.

As I have said b4 I am not going to get excited until the Big Boys start buying-regular £50K plus buys but my Valium is nearly exhausted.

Yes Skier

I think Farage may have over egged it a little !

A more gradual approach would have been more advisable say a 15% increase over inflation until a £20K pa threshold over inflation was achieved.

As Farage has worked in the City & has life experience I am sure that he knew achieving a £20kpa would not be welcomed by the money markets . Farage is no fool & I think Politics are well involved.

STP

I think all Parties are cooking the Books and have been for years. We have been running a Budget deficit for decades. When I had a mortgage I had tried to increase it year on year I am sure my Lender would have been sympathetic-NOT. Governments of course are different & they can run up debts until such time Lenders refuse to lend- but this will not happen as Governments pay more interest which forces up costs to us Plebs.

Yes you can mock Reform but they have made suggestions such asc BOE not paying interest on Monies deposited, Cutting waste in Goverment etc & saving by being realistic about Net Zero targets ,etc---These together add up to tens of Billions.

It is rediculous that the Personal Tax Allowance is £12570pa and set to remain so to 27/28?

People on minimum wage are paying Tax, Pensioners with a ver small additional income are,People on Universal Credit are.

My Mother-in -law claims Pension Credit now pays Tax, so on one hand HMG pays her money & another part of HMG takes some away.

This rediculous-said that B4-If the PA was raised to £20K such burocratic absurdities would be greatly reduced & 7M people on low wages/benefits wouldbe taken out of Tax.

Lets make the system simpler,reduce costs & save loads of money !!

Hi STP

The Conservatives were split into various Tribes very few of which really were Conservative. The largest group were the One Nation Tories who were more akin to Labour/Lib Dems.

The Conservatives are going through a process of finding out what they stand for .

Once the GE is done we will see who is left & what happens.

It looks like many things came from China

https://en.wikipedia.org/wiki/Black_Death

The world would certainly come to an end if we had a version of this without antibiotics.

Looks like the MMs are paying much more than the Bid to buy shares & selling at or close to the Ask (0.47-0.50). Seems they are struggling to get shares.

Until I see larger trades like the two £50K ones yesterday appearing regularly & much larger, I will keep my hopes in check.

Progressing at speed BA

“The civil engineering contract has also been awarded and the first concrete pour is anticipated for early June to prepare the site for the delivery of the DMS processing plant and crushing circuits." Well timed for concrete maturing & delivery of major equipment.

Lets hope just in time b4 start of rainy season

Looks like it is An CCP eligible instrument ---Trading Parameters Frankfurt -- Specialist Baader Bank

https://www.boerse-frankfurt.de/equity/kodal-minerals-ls-03125

See PDF on this link https://www.eurex.com/ec-en/services/transaction-management/ccp-eligible-instruments

Here you are Compo-looks like it is well traded!!

https://www.boerse-frankfurt.de/equity/kodal-minerals-ls-03125

It seems to be the same Co. See CEO info etc. Also see this link related info right columns

https://www.google.com/search?q=FRA%3A+7UE&oq=FRA%3A+7UE&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRg60gEIMzQxNGowajeoAgCwAgA&sourceid=chrome&ie=UTF-8

"The primary determinant of bid-ask spread size is trading volume. Thinly traded stocks tend to have higher spreads. Market volatility is another important determinant of spread size. Spreads usually widen in times of high volatility."

https://www.google.com/search?q=why+a+large+share+spread&oq=why+a+large+share+spread&gs_lcrp=EgZjaHJvbWUyBggAEEUYOdIBCTEzMzExajBqN6gCCLACAQ&sourceid=chrome&ie=UTF-8

Hi Lucky

I did a transfer from my CMA to my ISA a few years ago & I contacted them via the Chat service in my account. I requested them to sell in my CMA & repurchase in my ISA.

I cannot remember how much it cost but I was a straight forward sale & repurchase. If you contact them by secure Chat in your account they will advise.

Thanks everyone for your comments.

It appears that everyone agrees that my calculations of £249,380,000 pa profit & 6.25pps are correct & my conservative assumptions are not unreasonable as they have not been challenged.

Only Elco pointed out the 49/51 ownership split of the subsidiary KMUKwhich is a private unquoted co. I have little/no knowledge of how the profit from KMUK is accounted for by Kodal but as Elco intimates it seems logical that Kodal would only get 49% of the £249,380,000 pa profit 49% = £122,196,200 , EPS = 0 .611p & p/e 5 = 3.05p ps

If someone knows on how profits from subsidiary companies are allocated/distributed I would be interested to know.

I intend to hold at least until the flotation plant is in full production as I think with the calcs & conservative assumptions made that a SP of 3p + per share is more than achieveable within 3/4 years provided we are still owners.