Member Info for clapa929

Woodridge has fingers in pies all over. I think he has something to do with SP angel, Director level. Always been part of the Kodal old team.

When the funds hit this will be smashed out of the park. I dare to say it will surpass the SP of that other African Mine that we don't speak of.

New director at Kodal Mining..... not the ones you want from Hainan but people starting to take a position.

https://find-and-update.company-information.service.gov.uk/company/14477383/filing-history

Stacking up at 0.85

L2

0.85 1,000,000 CANA 12:57
0.85 1,000,000 MREX 13:08
0.85 1,000,000 PEEL 14:06
0.85 1,000,000 SCAP 14:25
0.85 1,000,000 WINS 13:05
0.86 1,000,000 STFL 08:57
0.87 1,000,000 SING 08:43
0.9 1,000,000 JBER 07:50

Approx £1.5m in the bank, £2m from B.West, £7m in escrow, soon to be $17.75m from Hainan Subscription, $100m funding from Hainan, and zero debt., zero payback. Not bad when you think about it.

They are building an Army Barracks in Bougouni. I'm sure that will providing secutity to the Lithium Mines operating in the area.

Agreed, I feel like I should be awarded a 2/1 at the end of this.

No, but I have too many shortcuts for KOD information to just ignore haha. This is more of a unbiased hobby.

Completed…….KMUK Ltd Incorporation 11-11-2022.
Completed…….XINMAO Investment CO LTD incorporation 11-01-2023.
Completed…….Formal funding agreement. 19-01-2023
Completed…….$7m Escrow deposit 01-02-2023.
20-03-23………..Mohammad Naire (Country Manager) 10 million Shares allocated
20-03-23………..96,250,000 Share subscribed by directors (£342,375).

03-04-23….…… A total of 41 reverse circulation ("RC") and 18 diamond drillholes for 6,360m have been completed at the Bougouni Project.
03-04-23….…...…3,406 samples results dispatched. (RNS 03-04-23)
03-04-23….……...800 samples processed initial high-grade assay results up to 2.78% Li2O
(?)…….…….…….2,606 samples remain pending. (RNS 03-04-23)- ALSGlobal
(?)………………….Kola Drilling (Some results RNS 03-04-23)
04-19-23….……Boumou RC Drlling- Up to 3.27% Li2O ( 7 RC drill holes for a total of 1,344m)
04-19-23….……Ngoualana, Kola and Boumou - Full Assay results due ‘May’.

(?)…….…….……..DMS Detailed design completed notification.
(?)…….…….……..Tailings Storage Facility design completion. Knight Piésold

(?)…….…….……..Environmental study (ESIA) Ongoing (RNS 03-04-23) update ongoing.
(?)…….…….……..DMS change notification. Change Notification has been drafted and is currently undergoing legal review (RNS 03-04-23).

(?)…….…….………Malian GOV Deal approval
13-04-23….……Chinese GOV Deal approval. (NDRC) Hainan has confirmed that the applications are progressing well, and the approvals process is on schedule. (RNS 03-04-23).

(?)…….…….……..Formation of Les Mines de Lithium de Bougouni S.A (Bougouni Mine).
(?)…….…….……..Transfer of Mining License PEGM2019, gr 2et 3 2868/21
(?)…….…….……..Gold Update- Nielle, Fatou, Dabakala etc
(?)…….…….……..Gold Fatou, Drill results
(?)…….…….……..Gold Nielle, Drill results
(30-04-23)……...... Kodal Mining UK (KMUK)- Hainan/ Xinmao Incorporation (Joint)
(30-04-23) ……......$17.75m Subscription
(30-04-23) ……......$100m investment fund transfer
Rejected………….Suay Chin additional subscription 485,568,717.
(?)…….…….……..Suay Chin Off take/ Tiancheng Lithium/ Kanglongda
(?)…….…….……..Surplus Offtake
04-19-23….…...…West Bougouni Sale- Leo Lithium £2.5m + 2 % Royalties (0.5m to Bambara).
(?)…….…….…....Project Forward Plan
(?)………………..Additions to Kodal Mineral Board from Hainan.

That is another cracking RNS.... I guess this will rise in the afternoon.

It will be interesting to see how sell up on funding being received.

elcobbledore

If I was a betting man, I would take from this sale that KOD/ Hainan have a temdous amount of land/resource secured local.

Massive announcement to come once JORC established.

elcobbledore... I will wear that badge with honour. I have esaed off with my investigations since parting company haha.

+ 2% Royalities.... has the KOD RNS landed it is after 08:00am?

About sold, leo lithium RNS states 2.5million + 2% Royalties

What have you heard?

Only 9 business days remaining for the money to drop in the bank.

And a great photograph of them signing documentation....

Hainan at Bougouni
https://mp.weixin.qq.com/s/sU4whFCvcF8t9ZOLLETGzg

1p coming into the Radar on Lvl 2

0.76 900,000 13:50
0.786 43,357 13:50
0.799 14,000 13:56
0.81 1,000,000 SING 13:58
0.81 500,000 13:55
0.814 153,932 13:50
0.82 1,000,000 PEEL 13:57
0.82 1,000,000 13:50
0.825 1,000,000 SCAP 13:57
0.83 1,000,000 CANA 11:58
0.83 1,000,000 MREX 13:57
0.83 1,000,000 WINS 13:55
0.85 1,000,000 STFL 13:49
0.85 47,058 13:50
0.95 90,000 13:50
1 1,000,000 JBER 11:18

Cheers Paris. I'll still research this and be sick as a pig watching it rise, but so be it.

Good luck and I hope re-rates massively on funding.