Member Info for CRK22

Drilliing campaign is fully funded to end of 2022 according to the conf call.

I'm not concerned in the least about dilution having been on the zoom call.

GLA and DYOR

135m shares vs a daily average 68m for 2020 mind but your point is taken and well noted regarding the usual RF shenanigans

When did you live in SA Hippy from what year to what year?

Many of the people I knew there have left if able.

FJ, so glad I checked the board.

rofl

GLA

Not fair to shout down a reasonable question:

Article below:

https://www.northernminer.com/news/kidnappings-highlight-security-risks-for-miners/1003642338/

Key snip:

“They’re really looking for money,” Arehart says. “So they operate in places where they’re not going to get caught and where they can actually get ransom or extortion money paid to them.”

My opinion:
Risk of being targeted for this will increase as success of company increases. Random kidnappings from low mcap non cash positive companies would not be particularly lucrative and targeting an as yet unprofitable developer of what is deemed to be a critical mineral would attract more unwanted attention vs say an established gold producer who has available cash to pay and a vested interest in keeping the rest of a producing workforce producing.

When I start to wory about kidnapping in relation to this investment it will mean my investment is already successful and its my position size I should be thinking about.

Just my throughts

Bib, you are aware of how spikes and sentiment work I’m sure.

Positive RNS will spike before CR and retrace, negative RNS will pop on the final nail.

1 Sep 2020 - meaningless RNS with Sino mou spikes intraday trading from a 0.06 low to 0.17 high to 0.13 close.

That does not mean I think this is a solid investment at this point, neither do I invite new investors to put cash on the line.

Didn’t have you pegged for one of the more forgetful posters round here.

My post simply reflected that for myself the next RNS is pivotal one way or the other.

Long term I’m done here. 2 Oct 2018 to

BA can then forget answering any of the emails I’ve sent during that time.

Win or bust on next RNS Daz, double or half from here I reckon

Looking for a spike does this share an injustice in my opinion. Great macro some good near term triggers.

Lots of positives here.

dyor and GLA

Potential for pullback on copper before consolidating and moving forwards mind so to each their own but each needs to decide whether they are LT or ST investors.

Takes yer pick.

GLA

Good news for the area Daz, hope some of that spreads to Kod

Must resist urge to dust off old joke about 7th planet in Solar system........

I you prefer it to betting on horse yes , if you're interested in a well managed company with clear news flow and the ablity to hit deadlines and targets then definitely open to debate.

Their shareholder engagement and communication is woeful.

I

The conversations this board will see at that point will be mostly noise/ramp/deramp.

Patient LT hold for me through any noise.

Just my 2c

Unlucky on timing Scotty, this is why placing RNSs are issued after close so holders don’t sell of prior to placing.

1 hr chart shows MMS priced in the drop which will have caught out any sellers who haven’t used a limit sell or who have had stop losses triggered but project is increasing derisked and the gap down I’m confident will gradually fill back up.

Just a patient hold needed

Missed placement subscription but to those saying you can’t get any near placement price I’ve just topped up at 46p.

Pleased and bullish.

Thanks Tarquin

You’ve made the depth of your analysis clear.

As it happens, based on all the RNS data for mine at 8.5yr LOM using the rather bullish sale price of 630 dollar per tonne vs a cost to produce at 430 dollar per tonne the IRR for the project is calculated and communicated in the RNS list somewhere however I replicated and looked at a 10% discount rate etc

The takeaway from this exercise (and bear in mind it’s only for the Mali lithium project - not gold) is that the IRR I got at 38% was still viable but clearly at this stage the fundamental assumption to get there (sale price which is way above spot and cost to produce which may actually turn out accurate but we don’t know) that a fully realised value could be 0.9p.

Based on a take over value (if JORC is firmed up - which is has never seemed that KOD is looking to do but may change) of circa 40% of fully reusable value that would be 0.36p which would be quite the stretch due to what I feel are less than solid fundamentals at this stage therefore my view was that 0.25 would be amazing (not for LTH who didn’t average down but definitely for latecomers to the “party”) - personally I would be surprised if we got there but feel it’s a more realistic target based on crunching the numbers.

Anyhow real life beckons so make of that what you will and as always folks GLALTH and DYOR

Based on what?

Hi Tarquin - what do you base that on, if you could give a back of the envelope calculation that would be great.

Thanks in advance

LOL minerva dropped 80% may 2020 and has never recovered.

Methink mansion is projecting the massive losses he's sitting on to others. We may have found the limit of tthe "Greater fools" theory.

DDDD chart back to march 2017 for comparable losses. DDDD has a good pipeline and novel therapeutic approach.

Am happy with my exposure and investment prospects.