Kodlings29 Jul 2023 11:30
Re kodal yes there is SP drift but this doesnt change the fundamentals. Invest on data facts and RNS not opinion of some others. The 'delay' with transfer of license in scheme of leo lithium isnt a delay at all. BA set unachievable expectations for its transfer and the market believed it at the time. However youll recall me almost instantly on LSE stating we will not hit those deadlines. The experienced on kodal know mining is plagued with delays.
Ultimately all im saying is invest on knowledge not on emotions. (This comment is more for the new investors here)
Investing is also about psychology as much as anything else and any 1000% baggers do not come without a grind, highs and lows (not saying kod woild achieve that btw). If you look in weekly and monthly timeframes we are still in a uptrend.
Now should some new information come from BA mouth which concerns. then a reassessment bad of position is sensible.
Whilst license delays were on going every negative poster tried to convince it wasnt coming some with serious knowledge in mining and had the capability to persuade the nieve it wasnt.
Stick to DATA. Understand shares are like waves and move in and out. They breathe.
Summary of facts.
Mali gov are commited to having their minerals mined.
7mil in deposit should hainan pull out we pocket it.
Fully funded to a PROPER production.
Hainan presentations only last week outline their commitment to funding project.
This is also outlines in kods RNS. Which is a LEGAL document and has to outline the TRUTH.
Hainans subscription is at 0.50 and suay chin have NOT sold a share since initially buying in.
LEO liths short term money maker of ORE has clearly upset mali gov. We are not selling ORE.
Companies house clearly outlays the major on the new KMUK. This is FACTS.
Russia, Africa and china have a positive relationship. Geo politically not ideal for the west but purpose of safeguarding mining operations in mali. Pretty solid.
dont get washed up by people with the IQ of the average bar stool frequenter.
Good weekend.