Member Info for chattty

Agree about trading and core holdings. I don't understand the dislike for trading on the basis that no one invests to lose money and trading a moving stock is always worthwhile,watching a trading paper profit is a waste of time far rather it was in my pocket.
KOD has a number of factors going for it both in the long term and the short time which makes forecasting the future sp somewhat of a problem.I hold reasonable numbers in most of the stocks I hold so trade around 10% to 20% .
Also some of the amazing comments about MMs and the way the spread works are astonishing as if half a dozen mkt makers for a stock collude to manipulate the price.The FCA would suspend them immediately.
Successful trading to you.
ATB

They will continue to import the REE back to China .
The price they pay KOD for the full off take will be at mkt., value minus a small percentage for the full offtake..so if the price goes up by 50% KOD will receive that increase .The reverse will happen if the price falls so KOD will receive less.
Chinese share of the world's GDP is around 18% with internal growth of 3%.
For example.Shanghai has a population of 22 million that is one third of the entire UK population makes our GDP pale into insignificance .
So we disagree.
ATB.,

Not face book from one of the Australian news channels.
I don't think it will crush their economy at all.
What it will do is increase the price of REE's which means KOD will benefit from significantly higher prices therefore adding to the bottom line which will reflect in a higher sp.

Chinese are considering banning the export of Rare Earths ,what will that do for demand?

What is not known is what any actual recovery will be from the stated reserves which can vary between 70% and 90%.
Also selling a licence and the ground can achieve as little as $2 per oz., to $200 per oz., therefore its difficult to attribute value .
Here lithium comes first, gold is not yet fully on the agenda.
At the end of the day It's worth what someone will pay.

If you have a partner they also have a 6k allowance which can be utilised for tax mitigation.Next year the CGA drops to £3k. Same applies.

Just watched the Proactive interview ,each time it came to a question of what was actually happening he looked down,he also tried to justify his risk attitude,and there has not been any mention of the recent fund rise on give away terms .
At some point he will get his comeuppance.
He is hoping the arbitration award will give them some clue as to where the money has gone ,at the moment he has not got a clue.
The fraudsters will have ensured the money is long gone.

NRM will be developed in house as it were because only US companies can get involved , outsiders are not allowed any involvement at all especially the Chinese.

Noticed numerous small trades under £50 what's that all about.

RomanW

My post From the RNS 03 Apr 2023 10:02

Very short payback time;- Capital development cost for the DMS option at US$65 million, generating an estimated NPV7% of approximately US$557 million (US$420 million post-tax) and, based on full equity funding, a short payback of 2 months from commencement of operations.

In this for trading only.
Substantial holdings in KOD for both trade and LTH
Both have high risk factors but less risk in KOD.

Assuming everything the management plans come on line at the given times the sp will certainly move forward between 70% to 100% +.
With the mine up and running with a 2 month payback what price ? Will it be approaching the 7p to 10p mark if so is the best policy to hold or take initial profits hold the balance and see what happens.
The SII must have an influence on the sp.
My general policy is a profit in my pocket is better than looking at it on paper. In this case I may wait to see what happens because once the confirmation of the expected funds being received comes through we should see a gradual rise in the sp because the expectations will be banked.
Interested to know how others view the sp especially as Gold resources will be looked at for development as well.

From Nov.,2020 The Group’s properties lie around the former Marsfontein mine which contained the most widely known kimberlite “blow” in the area. The mine operated for two years in the 1990s by De Beers and SouthernEra and achieved a staggering payback of just three days on its entire development costs, with an extremely high grade of 172 carats per hundred tonne (cpht) obtained from production.

Interesting to see what the cpht will be.

Very short payback time;- Capital development cost for the DMS option at US$65 million, generating an estimated NPV7% of approximately US$557 million (US$420 million post-tax) and, based on full equity funding, a short payback of 2 months from commencement of operations.

In December 2022, Poolbeg Pharma had £16m in cash, and debt-free, cash burn equated £5.0m over previous twelve months.
So December 2022 it had 3.3 years of cash runway. An excellent and unusual runway giving them plenty of time to develop ongoing business.

I assume they already have early core results in and are just waiting for the final info., before delivering news .

Skittish- Completely agree carefully listening to the way language is used allied to eye movement can give a better picture of reality in terms of company events and information delivery.

His track record is certainly a drag on the sp the sooner he is removed the better .
He was asked to leave POW and did so with little grace.
As has been said all P*ss and wind for the last 20 years it seems incredible he has got away with fooling PIs this long.
He is probably using all available resources to maintain his interest with POWs Australian gold venture.
He appears to have isolated most of RRRs assets - check out RRRs various associated companies .

I have not checked although it might not be up to date.

Kodal Minerals PLC (AIM:KOD) said it expects to submit its application for the switch to a dense media separation (DMS) plant at its Bougouni lithium prospect to the authorities in Mali early in the New Year.

The DMS option is a much cheaper upfront option, said Kodal, based on feeding 1Mtpa of lithium ore to produce 130,000 tonnes per annum of spodumene concentrate with an initial four-year mine life.

Bernard Aylward, Kodal Minerals’ chief executive, said: “By opting for the construction of the DMS plant as the starting plant, we are increasing our chances of achieving our goal of becoming the first operational lithium mine in Mali.

“In addition, the reduced capital, and operating costs of the DMS development option provides Kodal with a near-term solution to take full advantage of the continuing buoyant lithium market once sufficient funding is secured."

Aylward added that Kodal had reappointed exploration manager George Michaelides to extend the resource base and extend the life of the mine.

"The lithium market remains strong and our Bougouni project continues to attract considerable interest. The DMS development option has been well received by the wider market, and Kodal is progressing discussions with market operators and potential financing partners,” he added.