Member Info for elcobbledore

This board used to be informative until these prem clowns started abusing kod investors, getting as bad as twitter the whole prem is better than kod. Do is all a favour and stop posting here. This is a kod board not a prem board you numpties.

Haha Jonny muppet, over 21 mt of lithium means zero value. Yeah good one. Oh and we have potential upside on this, gold assets plus Bougouni west. All of which according to your brain equals zero value. Suggest you sprout your amazing wisdom back on the prem board.

Any thoughts on placing? It does seem strange to appoint another broker…but at the same time it says we’re continuing to speak to potential finance partners…I’m guessing if it’s a placing then we can raise a ton of cash and mine it ourselves for the DMS without requiring further capital?

Not gonna lie the RNS wasn’t great ie the change notification is to be submitted early 2023, I was under the impression it had already been submitted and we should have got actual approval by now in order to hit timelines of producing in 2023. So that wasn’t great. But look at the positives, 21.3mt of lithium and that’s exc any upside on drilling plus Bougouni west plus gold with current share price c40m market cap. Insanely low, and it is absolutely in Mali government’s interest to get the lithium out of the ground as soon as possible so they can get rich!

Some of these prem investors are like a wasp at a picnic. This is a KOD board so discuss KOD not prem. we’re the ones that will be laughing in a few years.

Hahaha makes me chuckle, prem hugely over valued vs KOD. Good time to top up in my opinion.

But I do think there are multiple offers open to KOD so I think Bernie genuinely does have a choice and won’t go with any he thinks won’t deliver shareholder value surely?

We can all breathe a massive sigh of relief after that!!!! Might even have a wine.

Cool thanks Lav, would be great if they can update the website for sure to make it clear for new investors. Not long now until news I hope, could be an early Xmas present!

Hi Lav know you’re pretty clued up, I asked Bernie a qu in the last meeting and can’t remember exactly what he said, it was regarding Bougouni West exploration and defining a maiden resource. I think he said it’s definitely in his plans but it’s harder to drill? I know main focus has to be Bougouni but do you remember anything about it being harder due to its composition? Maybe I am wrong though and getting confused.

Yeah agreed Lav, at the end of the day the government will not want significant delays with lithium prices this high. It is in their interest to give Kodal the green light asap and get lithium out of the ground so that they can get rich.

Yeah that’s what I thought. Let’s also remember one of the largest Chinese controlled lithium companies is next door. I think kodal won’t go down DMS now, instead revert back to original route and focus on drilling to firm up and hopefully increase resource.

Yeah agreed, we have a license valid for 12 years. But will the govt process our request to go ahead via a DMS route. Not sure if it will be delayed. Hopefully not, as the whole point of it is to capitalise on the crazy lithium prices asap (12 month build) to make them rich too

Yeah true, cheers, fingers crossed there is little impact on Bougouni project, regardless though I’m hoping we can get some sort of news from Bernie on this to clarify the situation.

From re reading this I’m not sure it will impact Kodal as we already have the license granted in Nov 2021 for 12 years. However we will need government approval for the DMS plant, and that’s not clear if this will be put on hold?

So I guess we will have to wait longer than expected then for news? Unless this is now a change of strategy and then don’t go down the DMS route, not sure. Surely it’s in the government’s interest to get lithium mined asap?

Yeah I’d be disappointed if we don’t get some kind of news pre Xmas. But regardless when you look at the market cap the upside is huge. I’ve topped up and will continue to do so at these crazy prices.

Yep exactly what I’ll be doing first thing tomorrow

That’s my 333rd post and 3 is lucky in Chinese

Hi everyone surely we should be v close now…if they want to produce by end of 2023. Unless there is a delay but hoping for news soon. Would be a nice early Xmas present!