Also it doesn’t help when headlines are the loss widens on higher costs, whereas actually if you read the RNS is detail, I’m seeing the RNS as v positive..
Ok cheers, I suppose the most value will be going it alone but that is the most risky with raising capital so can’t see that happening. A full buyout northwards of 1.5p would be nice…
Just a quick question…if it was a 50:50 JV does that then mean that in essence the value to Kodal is halved so instead of $567m it would be $284m? Still way higher than current market cap but keen to know a bit more…
Yep, also at a level which is 30 per cent higher than our current share price. So he’s got a ton of skin in the game and therefore for his benefit too he wants to see a decent rise in the share price.
I would much rather wait and get the best value possible. It’s clear he’s working on a number of possible deals which take a ton of time to do the due diligence…you have to be patient with investing for sure though…so do appreciate where you are coming from. It is frustrating but I have faith.
Yep I also think Bernie is massively invested himself and I think his performance related shares are in the early .3s from memory so he won’t want to accept anything that doesn’t deliver shareholder value.
It certainly shows there is no messing around here, some serious conversations are happening and think it’s only a matter of time until it’s back in the .3s in my opinion
In my opinion it should show a positive move in the SP (I hope) as it’s showing that clearly conversations are moving forward and there is an appetite to get funding and construction sorted asap. But we will see.