Member Info for elcobbledore

Let them argue amongst themselves Lilpeep and filter. Sad lonely individuals who bash a stock they don’t own. Karma will get them.

Yep agreed ytee, I’m not expecting lots to come but realistically at least a couple every year will do me. And we don’t know if the ai bubble will burst. So as a large shareholder I’d like to see a return.

Haha you show em tomaa, just showing the idiots up!

I agree, realisations surely must happen soon. As shareholders we should have answers. Understand it takes a while but last one was March 2025…

Thanks for your optimism psl it makes a refreshing change!

I understand the need to have a balanced view on a board. But this board, like so many on aim, has an infestation of trolls who only post negative info. Some hold shares, others don’t. For anyone to say kodal is overvalued based on any metric they want, is madness. Look at the numbers. And come up with a balanced view, not always negative as it gets rather tedious to read. Especially if you hold no shares, that would make you a sad muppet.

Kezzd I’ve already done that and allocated it according taking into account Mali govt and Hainan share…

Using the assumptions I stated earlier, id say quite pessimistic ones, Kodal’s NPV is $299m. Hence massively undervalued. I’ll leave it at that.

I think everyone should do their own research and analyse kod on a dcf basis. Either use old school spreadsheets or ask ai eg claude but make sure you sense check the numbers! Add in all your parameters and make sensible assumptions. Not a single person will come back and say kod is overvalued on this basis. If they do, they are lying.

I think we should be able to agree on a dcf basis, using some pretty pessimistic figs with AISC increasing by almost 40 per cent and huge discount rate of 17.5 per cent, kodal is undervalued significantly. I’m not saying we will get to 1p plus but using dcf it shows the value to be this. Hainan may have a different view on value. Let’s hope we get close to true value at some point in the future hey…

Claude used 12 per cent, if we used 17.5 per cent which is super high…based on dcf it’s coming in at 1.17p. Even if we change AISC to $900 it’s still coming in over 1p so I can’t see any scenario where we are actually over valued based on dcf.

I’ve added in until 2038 and DCF is coming in at 1.45p and that’s before the resource upgrade, with the 35 percent from Mali included and estimated build cost stage 2 (est $175m) so I see this as hugely undervalued using DCF.

It’s used stage 1 until 2028 and then stage 2 2028-2035 (think should be until 2038?)

Be interested to see the DCF calcs, I’m getting over 1p with spod over $2000 pt when I feed parameters into Claude using AISC of $800 pt (we don’t know but will be up from $647 pt)

Vizgard were at the Saha exhibition last week. Apparently a huge exhibition. Let’s hope it can get some buying interest…

And Steve is a Ned, and Niare is not a Director. Trying to see the positives with spod prices and decent profits, but shame on the gold stuff , oh well.

Isn’t it a bit of a conflict of interest with Steve Z and Mohamed Niare in effect working for kodal and its competitors? However I don’t this it is unlawful unless you are directors of each company…

Gold likely to increase in value massively over the years so losing Nielle is a massive kick in the balls. Let’s hope we get some good news over the next few months.

Whilst I haven’t always see eye to eye with badomen here he is correct. By Bernie taking his eye off the ball he’s lost Nielle. Let’s hope this give him a bit of a kick to ensure this doesn’t happen with Fatou. As an earlyish investor I do feel rather mislead as I was keen on gold being developed. Best case I think is a buyout now for Hainan and we can all move on.

As much as I do like Bernie, he’s done well and built a great mine…I don’t think anyone can say this is his finest hour. To lose the Nielle lease is on him as CEO. He should take full responsibility for it. If I was him, I’d ensure Fatou is protected, we get to work on it rather than sit on it and we don’t lose that one too.