Member Info for donotpanic

Commenting on the 40% increase in Bougouni's MRE, Bernard Aylward, CEO of Kodal Minerals, stated: "The significant increase in Bougouni's lithium endowment is a further step towards becoming a West African spodumene producer of substance and scale. With the results from the latest drilling campaign delivering over 10Mt of resource, we are looking forward to bringing Bougouni into production at the end of 2024, as well as ramping up the drilling programme to include infill and extension definition drilling, and uncovering additional discoveries within our extensive mining licence.

"The drilling campaign completed by Kodal between January and May this year was the first programme conducted at the Bougouni Lithium Project since 2019. The results of the drilling programme confirm our positive view of the prospectivity within our project area, while the updated MRE highlights the potential for further resource growth at the project through continued drilling of our priority targets. The Boumou prospect has been significantly expanded by this recent drilling programme, and we will be returning in November 2023 to seek to extend the resource area further as well as undertaking infill and definition drilling to support future mine planning.

"The Ngoualana prospect resource has confirmed and expanded the 2019 resource estimate, and the new model has been prepared with a focus on the bulk commodity mining opportunity. This new model seeks to maximise the recovery of the pegmatite mineralisation during the mining process rather than attempting to selectively mine higher grade ore that may result in leaving mineralisation behind.

"We are currently planning the next phases of extension and definition drilling at the Bougouni Lithium Project with the Boumou prospect being a clear priority. However, the Sogola-Baoulé prospect is also a key expansion target as we look to build a major resource base to support the development of the phase 2 flotation plant. The aim of the programme is to demonstrate the potential to bring forward the development of the flotation plant as soon as possible after the DMS plant has been fully commissioned and maximise the opportunity we have at the Bougouni Lithium project."

Only my opinion, I feel we are at lows and this will reverse, remember we are producer

This will move in January I feel 2nd week, if drops to 8 , I will get more,

36:40 are buys as I been doing dummy buy and sell, need volume and this will move

Few derampers coming through, must be a buy then

Morning All , hope all had good Christmas, looking good here, spread really right, looking very strong today, if buying pressure continues we could be back to 10 / 11 enjoy the ride

Nicely played by the market

I may be wrong but from highs , nearly 40 percent consolidation done now, come EEE time to change the reverse gear

Bigger the drop higher this will bounce, next top will be under 8 if it does go that way, if it was same seller we will get the RNS

Thought after 3 Red days, this should go blue , but looks like another Red day

Rob calling me prick ,but I been invested from 4.35 to all the way 11:70, it was making sense to bank profits at 10:14, rather then 9, this share will come good and could be in 20’s , also if it drops further I could get more, chances are this won’t drop much lower then this

Could this drop to fill in the big order? Hope don’t go under 9 as bought in again,

I think it’s not the seller MMS in control, it tried breaking 10 , but then back down, if moves back up and break 10 may be we could start reversing

Thanks Caribo , I have sold the lot at 10:14 , will be on sidelines now , GLA

I am invested here and will carry on writing, sorry if you don’t like, always there is filter button

Unsual this was NT at 11:80 to buy yesterday when RNS landed, should be back , little patience and seller will dry out sooner or later

That was cause I wanted more under 10 and got some, remember all shares go up and down and then up, this will reverse from here

Those sold into rise will be piling up now, nothing under 10 now, expect nice upwards momentum

Load up people , you will not get this chance

Happy don’t tell every one this is going to be over 20, I need some more, let them sell