Member Info for elcobbledore

Unfortunately Daz it seems he’s perhaps annoyed at himself for making investing mistakes who knows. But clearly he’s not intelligent and wouldn’t bothering responding, just filter his nonsense. What is it with kodal attracting some utter clowns?!

Hi onlyking not sure tbh, but looking at trends, Kodal’s share price doubled in less than 3 weeks from around 0.4 to 0.8. So once funding lands there should in theory be a substantial rise as the entire project is fully de risked with additional exploration funds, so opens it up to big iis who are big buyers. I’m hoping we can see this and hold above 1p but depends on how many will take profits. I’m holding long term, just know that if it did take out profits I’d miss out on long term value as bad at trading stocks!

Yeah same, to say Daz sprouts rubbish just isn’t true. He has opinions but these are all backed up by FACT and to my knowledge so far he hasn’t lied about anything. I know you’re bitter about something but it’s a shame having beef with Daz. I know perhaps people think he shouldn’t post on the prem board but as far as I’m aware he hasn’t actually posted anything incorrect? Unlike some jealous idiots like Johnny who sprout utter shte here.

Hi Danners, my view is it’s just too much risk so personally I would avoid. It would be different if it gets to 0.2 and the quality of spod is ok, but alarm bells would ring if the quality of spod is poor. Having a quality product is so important. Good luck whatever you choose.

It’s clear you’re trying to disrupt this board and I’ve had enough of muppets like you spoiling it. So stop de ramping. I work on detailed analysis and figures and nothing I have said is untrue. You however sprout bllocks. Don’t worry though I won’t reply to you anymore, you have a green box.

Nah you clearly just lack intelligence. Do you understand how mining companies work? Didn’t think so, it’s about proving resources. We have 3.5 x the land of Leo did you know that or do research? Clearly not. We are in the same country and next door in location. Will we get to the same lithium tonnage of Leo, absolutely! If not more. Leo are just ahead of us timing wise. Lithium won’t exactly go anywhere will it?! Do your research at the very least ffs.

Good point only king, especially as the wet season will halt proceedings (no expert here but heard it can often cause quite a delay)

Haha that made me chuckle bline59!! Yes indeed people are welcome to trade shares of course and play short term gains. But unfortunately trolls like him lack basic intelligence. Patience is absolutely key playing the long term game, I remember when kodal was awarded the mining license and showed no gain at all! Ultimately it’s about ticking all the boxes and kodal has done everything bar getting the actual cash in the bank, held up by something they can’t control. Once cash is in, plant build will start and hopefully within a year or so production. So in the grand scheme of things it’s not a big wait. Ultimately Mali’s economy will benefit massively with this so in their interest to sort the admin bits as soon as possible, but it’s clear this is a massive job to sort.

Guys, let’s just ignore that absolute cckwomble that is johnnypc. He’s a total twat. Just filter.

Right here are latest figs…incase anyone wants a refresher on value.

Based on only DMS plant over just 4 years, Kodal’s profit is estimated at £617m based on 44.1 per cent of KMUK on today’s lithium price. Even if that halves that’s £309m of profit!

That’s before the the big flotation plant comes along, where production will be massively ramped up. Sensible to use the funds from DMS to build, should minimise any risk of placing.

Re reading previous RNSs especially 29th Sep, re exploration upside, you can see that they have already done initial analysis and Kola, Marigo, Orchard, Boumou North all look like they have decent potential. Remember we have 350km2 which is 3.5x Leo.

On top of that 350k worth of gold but a lot of work to be done here to realise true value.

So I say it again we are so undervalued!

Agree it’s frustrating but the one thing I’ve learned over the years is patience is absolutely key holding stocks unless you want to trade them. Interesting re that article Daz, they mentioned gold again so clearly Hainan have realised gold has massive potential to add hundreds of millions on. Having said that there’s a lot of work to be done on that, main priority is lithium. When funding lands the big boys will want a bit of Kodal as it’s fully de risked, that’s for sure.

Also let’s not forget spod price is still holding strong at $4k per tonne, think from memory year 1 FC is $2.6k per tonne so will have to drop significantly within 12-16 months depending on how long DMS takes to build. It may well drop a bit if more lithium comes into production in the market but good to see prices hold for now 👍

Hi all, just thought I’d compare Leo vs kodal as it’s the most logical as they are next to each other. On the latest pres for kodal we have total project area of 350km2, Leo has 100 km2, page 13/14 on latest pres. That’s not to say all of this contains lithium of course but it’s a massive area and more than I thought we had (think from memory we have 97km2 with current mining permit so would have to get a new permit for this expanded area) but with Leo market cap at £600m it shows how undervalued kodal is. Plus with massive expansion in resource for Leo I’m very much expecting the same for Kodal. Long term hold for sure in my opinion.

https://kodalminerals.com/wp-content/uploads/2023/03/KOD-Corp-Presentation_Feb-2023_V7.pdf

Exactly couldn’t help but top up at these prices.

Well said Okawashy, fundamentals still looking ace 👌

Yeah with you there, it can be done for sure but I don’t have the balls to trade it, prefer playing the long term wait, confident we will do well over the next few years.

The easiest comparison for me is Leo Lithium as it’s right next door. Market cap over £600m and they have 100km2 of land holding. Kodal currently has a mining license for 97km2 but have more land holding that is unlicensed. Yes Leo is further along than Kodal but being next door should mean a similar lithium mineralisation. So I don’t think a valuation north of £500m is too optimistic over the long term it’s a hold all day long.

I’m not so sure, who knows but I would expect more of a steady rise in the share price to production, think there will be a big rise once funds have come in, some profit taking from people, and my guess is trading anywhere between 1-1.3p over the next 6 months, then long term view 2-3 years of 2-3p, that’s only my guess though!

Yeah agreed Daz, like the lassonde curve, like what happened to ggp as an example. It can definitely increase substantially from here.

Fair enough everyone is entitled to their own opinion. I’m looking long term here, for my the best comparison is Leo lithium next door. They have way more confirmed resources than kodal BUT kodal is behind in terms of firming up their resource and have more land holding. Being next door to them I am confident of a massive resource upgrade. Plus we have gold. They are currently just over £600m market cap. There is absolutely no reason whatsoever why we can’t be at least that. May take some time however, maybe even a couple of years but kodal has a load of a resource that is in massive demand, that isn’t going to change anytime soon.

Absolutely, I think trading a stock like kodal is very tricky. If you can make it work fine but I don’t have the bottle for it. Would rather play the long term game, tried trading stocks before on aim and got burnt!