Member Info for Daz423

Lav
Yeah thats best presentation for gold overview.

Atb

Plot twist
Maybe i am mr zeng. Hense my questions about cgt 0.0

Stephen
Look up green belt zones in the area and why it's significant. The geology.

Atb

Elc
I mean if your doing cost of oz × 350,000 then yes however.
Just because they have found good grades of gold. It needs to be accessible without to much stripping. As taking land mass down to the strike can be mega costly.
Its cost benefit is sometimes having lower grades nearer the surface.

What we call open pit and surface mineralisation.
https://www.angloamerican.com/futuresmart/stories/our-industry/mining-explained/mining-terms-explained-a-to-z/open-pit-mining-definition

Dabakala
Is really new ground and is massive however. I believe BA identified many anomalies that excited him.

https://kodalminerals.com/investors/corporate-documents/#presentations-tab

Look at it on this link. Opens PDF.

Nielle target 500k to 1mil oz of gold.
Fatou defined 350k oz

Lav
Ill be honest with you i didnt pay much attention to anything gold related. Little bit, however i think BA long term strategy has always been use Bougouni to fund gold projects.
Hes always been a gold man.

Lav
I cant recall exactly what thresholds he deemed acceptable to progress however i do recall a presentation where they were targeting jorc 1mil oz at nielle and believed it was achievable.

Dont quote me though that was probably 18months + back.

0.81 paid.

Gazza

Haha im all above board matey. I will stick with the legit way.

Atb

Sash
Yes i am with you.

Cheers

All very confusing isnt it but like you say the 100k isnt Cgt as it wasnt profits earned but the original deposit.

Hi sash
Thanks for that so if you wanted to move over the 20k lump sum profit in bed isa youd have to pay CGT so could only move over the 6k (soon to be lower)

Thanks

As i have been fortunate enough to have my kodal all in shares isa over last few years..

I wonder if someone could advise.
If i was to open a standard stocks account not an isa.

Input say £100,000 (random figure) over time can £20k value be moved over every year into stocks isa and avoid paying CGT in that process?

So eventually that 100k after say 5 years its worth 120k. Can 6 deposits be made from normal stocks account to cash isa to the max of 20k each time until its all transferred over. Or would you still have to pay CGT in process of moving it from normal stocks account to cash isa account.

Thanks cant get a straight answer.

So when does the 2billion dollar proven asset price in ? Just saying.

The only people who hate bank holidays.

Lav
Thanks for re posting that to refresh me on it.

I believe you are correct. Again read between the lines.

Atb

Getting rich requires two steps.
1. Taking alot of risk with a small amount of money
2. Staying requires taking a small risk with a large amount of money.

Happy sunday all.

https://www.google.com/amp/s/www.thedefensepost.com/2023/04/27/mali-military-equipment-china/amp/

https://twitter.com/DazInvesting/status/1651938762530627584?s=19