I’m expecting an RNS to inform us all. Take Firering for example, RNS was issued when they received $1m from Ricca. Not sure it’s a requirement but in my opinion would boost share price so should be done I think.
DM88 no probs here is a curve as to what you might expect. It’s certainly not guaranteed but if you look at a few others it can happen. For me, it’s a long term hold as I think we will see some increase in our resource. But up to you how you trade it of course. https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/
Amazing few days! But let’s not lose focus, this has a long way to go. To all of those cckroaches do one! Kod is where it’s at. Bernie, I salute you, you have played a blinder!!
Yep I think what we may see is some sells just before end of tax year as per usual to take advantage of the capital gains tax breaks and then people piling in for start of tax year on 6th April…bring it on!
RE: quick question from feasibility study23 Jan 2023 21:13
Looked at latest figs and payback of the initial required $65m US was under 2 months for DMS plant. However that’s based on $2080 per tonne, current trading rate is over $5k per tonne so based on current prices under 1 month payback. But doesn’t really matter as we’ve got $117m US…WAY above what is required and shows how much of an amazing deal it really is.
RE: quick question from feasibility study23 Jan 2023 21:06
Ps if you have a look on latest RNS you can just ignore the $680 per tonne calc, that was to prove initial value of the project before prices exploded.
RE: quick question from feasibility study23 Jan 2023 21:03
I think that was back a few years ago where initial calcs were worked on to prove value of the project. Latest estimates for DMS are based on around $2k US per tonne (currently around $5k US I think). So still way under current and is v conservative.
Yeah for sure people like Wolframite are here to get Kod shareholders to lose focus and sell. But the problem is people like that are so stupid their arguments just don’t make any sense. They’re jealous of us. When you throw fact and figures at them they are not clever enough to understand. So best to filter and report. I’ve done both and suggest you do the same, they are disruptive and immature clowns and shouldn’t be allowed to spread total rubbish on boards.
Filtered, can’t be bothered dealing with such idiotic morons like you Wolf. You probably think you’re a big dog holding £1k. You’re not welcome here, you’re toxic. Bye.
Go and sod off to your own board you clown. You’re the childish idiot spreading trash on this board. You’ve obviously backed the wrong horse and you know it. You can’t even spell “their” correctly, or have the apostrophe (not sure you know what that is) in the correct place. My left toe has more IQ than you, you stupid clown.