Member Info for clapa929

Depends how they break the cores down.... but as below from previous samples... could be 1600, could be 400....

Notes: Drill holes prefixed MDDH* are diamond core drill holes with core at HQ diameter. Drill holes have been sampled on a 0.5m basis, with core cut along an orientation line, and subsequent quarter core collected for assay test work. Drill holes prefixed MDRC* are RC drill holes. Drill hole collars are surveyed using a differential GPS with sub 1-metre accuracy, coordinate system WGS84 - Zone 29N, and all holes are surveyed down-hole for dip and azimuth on approximately 30m intervals. All drill holes are geologically logged, and sampling for analysis in based on geological boundaries. Samples analysed by ALS Global. Assay results are reported as Li% and converted to Li2O% by a factor of 2.153. Intersections are reported using a 1%Li2O lower-cut-off, and allowing for a maximum of 2m internal dilution.

Initial 806m drilled at the lithium site. Results pending.

Hainan bringing in institutional investment at the top end.

https://emcreative.eastmoney.com/app_fortune/article/index.html?artCode=20230221124814606500430&postId=1279293717

Yip, news anytime soon.

3 parts tp the approval

1. MOFCOM- issued within 30 days of the application
2. NDRC - issued within 20 days of application
3. Foreign Exchange Registration- issued by the bank after the above 2 are completed.

This could come sooner than we think..... any day now depending on when they submitted the application.

https://kaizencpa.com/Knowledge/info/id/657.html
http://bycpa.com/html/news/20209/2372.html
https://law.asia/odi-project-applications-enterprises/
https://law.asia/odi-project-applications-enterprises-2/

https://www.brrmedia.co.uk/broadcasts-embed/63e28db17cd35a1e7b7508d8/kodal-minerals-video-update-from-cape-town-2023/?popup=true

I think it is the PREM clowns who are salty, day in , day out, commenting nonsense on this board. I have had shares in PREM and cashed out after the rise. I have no requirement for the share, hence I don't post on that board.

KOD is a matter of time with a very good financial deal, and zero debt. They are going through formal process like all companies.

My donation:
PREM has 3 yr exploration license that i sdue to run out.
The EPO is an exploration license only. Its purpose is to allow mining companies to find suitable sites to start digging in the future. As it stands, PREM doesn’t have any active mines, and its new lithium sites will take a good couple of years before becoming active.

And if they miss the deadline shipment, what happens? What are the penalities?

The Filter setting works really well on here.... peaceful.

-$35 million debt compared to +$7million profit.
Joint liability 49/51.
I know which one is financially secure.

The only take over risk will be negotiated.

Absolute lumber jockeys want to go and look closer to home for the imminent implosion, Q1.

When the first penalty defaults.... hostile takeover and seizure of goods.

WIN WIN WIN for the chinese. I hope you get chance to cash out.

They are always going on about financial insecurities and they have backed a company registered in the British Virgin Isles, which operates within a country know for its corruption and starts production with a multi million dollar debt. Not to mention selling off half of their other Lithium assest for a few hundred thousand. If that plant doesn't pay off they will go to the wall.

12 months isn't a long time for what they want to achieve as staed in news announcements. Other projects/ companies have increased in value week on week after signing a JV of similar scale. I'm not seeing ramping, just interested investors who can see where this is going. If you have bought shares in KOD, you have done so as you expect the SP to go up. Based on the recent RNS announcements, the Bougouni project will recive 100m+ dollars. 12 weeks and counting down is a very short period of time. Do you expect the company to still have the same MCAP? Have you invested to cash out at a lower price?

Bernie is in South Afirca for the Mining conference (6-7). Hopefully he has time to sit back and write up an anouncemnet. Either that or he will be out on the drink.

You'll be back for more. That number needs rounding up.

Stifel Nicolaus Europe Limited = STFL
I balls'd it up below.

For those that are interested, see below list of market makers associated with KOD:

CANA - GB00BH3X7Y70 ASQ1 - AMQ1 – GBX - Canaccord Genuity Limited - CSTEGB21
JBER - GB00BH3X7Y70 ASQ1- AMQ1 – GBX - Joh. Berenberg, Gossler & Co. KG BEGODEHH
MREX - GB00BH3X7Y70 ASQ1- AMQ1 – GBX - Marex Financial- MARXGB2L
PEEL - GB00BH3X7Y70 ASQ1 - AMQ1- GBX - Peel Hunt LLP - PLHCGB3LBIC
SCAP - GB00BH3X7Y70 ASQ1 - AMQ1 – GBX - Shore Capital Stockbrokers Limited - SHOCGB21
SING - GB00BH3X7Y70 ASQ1 - AMQ1 – GBX - Singer Capital Markets Securities Limited - SNGRGB21
SNGRGB21 - GB00BH3X7Y70 ASQ1 - AMQ1 – GBX - Stifel Nicolaus Europe Limited - STNOGB21STF STFL
WINS - GB00BH3X7Y70 ASQ1 - AMQ1 – GBX - Winterflood Securities Ltd WNTSGB2LBIC

For information: Herbit Smith Freehills.

https://www.herbertsmithfreehills.com/news/herbert-smith-freehills-kewei-advises-fosun-controlled-hainan-mining-on-investment-into

11 billion Mcap.... that must be some Gold find Nielle haha