Member Info for elcobbledore

Haha Paris hope you’re well, I had a rather big one yesterday, woken up just now in the spare bedroom. Multiple bottles of red were consumed (had rose yesterday in the sun). If anyone lived in London you need to head to Aphrodite taverna.,.if you like Greek food. Amazing. Nursing a strong hangover already and it’s not even 6am. Have a great weekend all..,kodal is where we need to be..,

Anyone else knee deep in red? Paris? Daz is I can say one of the good ones, bloody legend. Have a good eve all, I can’t see very straight.

Love it Daz!

What I’d say is it’s important to look at the bigger picture sometimes and patience is absolutely key especially in AIM stocks. The landing of the $100m in theory should see some chunky buys come in as it’s derisked plus I am v much looking forward to the full drill results, I have a feeling kodal is sitting on a lithium monster…with massive upside (hence why we sold west)

So true Daz. In summary huge upside to Bougouni plus Brucie bonus is actually get a profit share on West where they get money for doing nothing. Great deal. Win win. I’ve celebrated today with loads of beers and rose. Happy days.

Agreed, that deal is incredible if so Lav.

Hi folks from re reading multiple times I think this is great news. Yes from first glance it seems cheap but unless I’m mistaken there is profit share of 15 per cent assuming there is lithium, there is a feasibility study done, and license granted. Questions remain on if this 15 per cent is split between us and Bambara. But more future money in the bank for doing nothing…could be a decent chunk, we will know in time.

Interesting, so do you think that means if lithium is discovered with a feasibility study kodal get 15 per cent profit share or that’s split with Bambara? That seems too good to be true to me but we will get confirmation soon.

Totally agree mate, you can tell they’re both buzzing at the moment and know that the expanded resource is gonna be huge and more than enough to generate a ton of profit for both companies.

Plus I don’t think Bernie is concerned, he realises there is potential for huge upside in Bougouni so that’s more than enough, plus when I asked him the qu sometime ago he mentioned it’s harder to drill there? No expert here but remember he said it’s not as simple as first thoughts at west. Plus we may well get some sort of profit share. Could it make it more likely that Ganfeng decide to buy our shares out? Think it’s unlikely as would have to be a lot of £££ but will see.

Clapa I might rename you Sherlock!

Great spot all, thanks. Does anyone know what an equity carried interest level of 15 per cent? Assume that’s some kind of profit share agreement? Any insight appreciated as always…

I do think Daz’s comment is fair, everyone is entitled to an opinion here. He may be wrong, so may I. But what I do like about this board is it’s friendly and informative. Daz has provided some awesome analysis here over the years, let’s not forget. Have a good day all.

Fair enough Daz, yep guess you never know, clearly as you say the relationship looks sound which is critical for success. Guess we will see if there is a delay, hopefully not but these things do happen and no worries for long term future.

8 working days max until the $100m comes in…not long now!

Boom well said Merc!!

Ok as always Daz cheers for your insight.

Yeah I think certainly the hourly bits are for day trading which I have no enthusiasm for. Still showing buy over daily and weekly and monthly. I use it as a bit of a loose guide, my own analysis as well as others here is the most important in my opinion….still hugely undervalued so long term hold for me. Amazing news too re potentially expanding into other African countries outside Mali, that’s a massive Brucie bonus!

https://m.investing.com/equities/kodal-minerals-technical

Statistical analysis still showing strong buy too…

Congrats and well done to all prem holders to reach the 1p mark. Hopefully both parties can see continued growth, good luck all.