Member Info for Celle

From the lack of response to my previous post I can only assume that either I need to go back to school or people are stunned.

I have made various asumptions -price of spod,exchange rate , p/e which I feel are conservative, but CoP & Production seem firm so a Market Cap of £1.25bn (ie a share price of 6.25pps) @ full production seems feasible ?

I know I like big numbers so lets take a look. possibly unrealistic but who knows as the figures appear to stack up. So unless we are taken out b4 I have taken a punt at dreaming of what Kodal maybe worth after stage 2 flotation.

370000 tpa @ £1190 per ton ($1500 @ xrate 1.26)

Inclusive COP -£516 per ton ($650)

Profit £674 per ton ($850)

370000 x £674= £249,380,000 Profit pa.

£249,380,000 : 20Bn shares = 1.2469p ps

Undemanding p/e of 5 = 6.2345p ps

This would mean that Kodal would have a Market Cap of £1,246,900,000.

Either my figures a wrong or very wrong or I will have to go and lay myself down for a considerable period of time !!!

It looks like the business sector are not impressed with the FIG regarding engaging with them to maximise opportunities for the private sector. This is a shame as the FIG .need to keep all sections of the population onside Is the FIG unable to multitask ?

I agree with youer sentiments Daz I just wish that the Market catches up & starts to reflect the underlying value that is there for all to see. The waiting for a value correction is excruciating.

And just to make it absolutely clear Bernard states that there is no need for any further capital raise & that we are fully funded.

Thanks Paul-not seen this B4.

Silverfoil- a little but i did try to make up for this on HARL chat at 9.31am

It maybe that in the future more work will be available as there are likely to be many more contracts coming up. Rockhopper/Navitas look like they may develop their Sea Lion field in the Northern Basin which means that there will be a lot of money spent on development if this comes off..

Please no takeover until at least Flotation plant in op. so that we can see what the real value is.

I have already been shafted once & it is not pleasant.

Clapa- Maybe they are happy, but I am holding till Flotation at least.

Cannot understand why such large sells-thats if they are sells. Noticed people are paying more than the ASK.

I really think that a buyout at 1p is vastly underselling ourselves. I would prefer to take the long view & wait until the flotation plant has been built & into production.

Hopefully we will be knocking on 3p plus by then.

Patience is required & a strong will.

Laverda --Thank You

Https://www.gov.uk/government/news/uk-departs-energy-charter-treaty

Twitchy fingers-wrong CEO- BA where are you? Busy I think.

30M shares traded £100K-little action -volumn-just drift. We all know the situation-repeat.

Fully funded-Drilling- All proceeding- Awaiting arrival of plant- installation-gold assays- Known expected first production end of year.

We are in a holding pattern until we receive more news which imo will be soon.

AB likes to keep us in suspense.

Patience is required

Tui are to delist from the FTSE & have its only listing in Frankfurt. How about emailing Lloyds and suggest that this maybe a eway of improving the share price. I wonder how this would be received.

Alright, I am not really being serious but I am frustrated.

Strange- Again I think these are buys:

05-Feb-24 14:39:40 0.3375 1,181,644 Sell* 0.33 0.35 3,988 O

05-Feb-24 14:39:18 0.3378 4,732,400 Sell* 0.33 0.35 15.99k O

See Google again @ 2.40pm Spike-5.9m vol

Just to say I think this was a buy:

05-Feb-24 10:25:21 0.3349 7,162,451 Sell* 0.33 0.34 23.99k O

Spike on Google at that time.

https://www.google.com/finance/quote/KOD:LON

It will certainly discourage new higher/marginal cost producers & mothball/close existing mines. There will be serious decisions being made if the price remains at this level for any extended period of time.