Member Info for clapa929

That seems logical, the Mali GOV will want top line percentage, not 10% of 49%.

10% from new formed company (Profit) that further splits to 49/51% of remaining 90% (Profit).

I hope so, I want an Aventador not a Huracan Haha.

This has plenty of room to go upwards

This is only the beginning of the rise.

"If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes,"

I'm 2 years in, 8 to go.

I don't believe the Chinese Govenment approval is an issue, just a known formality. The $7m escrow should come any business day within next 2 weeks.

I thought you mentioned it before, any way from the RNS:

The Kodal Group Funding Transaction, including receipt of funds, is conditional upon satisfying various conditions precedent on or before 30 April 2023, or such later date as the parties may agree.

Like you said before Merc, up until the 30th April is going to be mental torture.... 13 weeks to go haha.

HOLD for Gold as they say.

Funds lined up, buyer lined up, the countdown begins

Partnership- KMUK
Hainan LTD $15.06 Billion MCAP (Fosun $7.91 Billion MCAP)
Kodal Minerals £61m MCAP

Offtake
Zhejiang Kanglongda 5.81B Yuan MCAP
Rest of the world

It will all start falling into place week by week.
As Merc has said; 30th April is a key milestone.

Each week we should have updates, starting with the subscription. Drilling has commenced for the construction. I think Geothermal holes are being drilled. The construction and project are developing, and 12 months is such a short time. A gradual rise from now would be great.

Sash, hopefully, today wil bring more investors who now know what massive backing this project has. Fosun, Hainan are MEGA companies in their own right. Bougouni is literally pocket change to them, with rewards running into the billions of dollars.

Could be a sell, a small one in retrospec to yesterdays volume.

This is the beginning of a new journey for Kodal Minerals. The SP will cycle and some peopel will take profite at this point. Good for them, we are all here to make money. KOD has never been so de-risked, onwards and upwards.

I understand they will by subscription shares to be the Kod major as well as forming KMUK

I'm not saying it is bad you stupid c@*t

I'm 47% up turd

And they aren't going to provide $117 m for nothing.

CherchezLaDeniro-- 1 post, you only have 1 post.

Did you make all that effort to open an account to try and deramp, hahaha.

It is a joint venture, that is how it works. The money men take the bigger position.

17.45bn Market Cap, this is pocket change for them.

Shares traded so far, and this is the beginning.....

JV, they will become the major. Fair enough for $117m investment. you get what you buy.

There is a lot in that RNS, a lot to understand. It seems very similar to Firefinch and Leo Lithium... formalities exactly the same for notifying Chines Government.... big money and the project fully funded.

Always with risks..... but we are getting towards being like a real miner.