Member Info for elcobbledore

For me it boils down to greed. Saw a Ghanaian for lunch and he said greed is rife there especially in parliament. But ultimately would you prefer a smaller slice of something or a bigger slice of nothing? What Atlantic have offered the government is v generous vs other countries so let’s hope they see sense soon…

I think he’s back home now as pic on twitter from passport control saying challenging but productive week. Ultimately it’s rather pointless if they don’t ratify, it’s for the benefit of Ghana to ratify…makes our Houses of Parliament seem amazing!

Yep it’s so sad, best wishes to their family members. I wonder could this potentially affect ratification ie will the government want more analysis done on H and S before they give the green light? We will just have to wait and see. Let’s hope they tighten up the H and S procedures and do a deep dive on what’s happened so that I can’t happen again.

Slow and steady wins the race. Plus we have a fantastic CEO coupled with amazing data. I’ve been burnt before and lost over £25k on cadence, tech min, bradda that I’ll never recover. Lesson learned, AIM is 99 per cent utter rubbish with no regard to shareholders. I’m confident kod is part of the 1 per cent that can make genuinely life changing sums of money. All about holding here until your exit price imo, whatever that may be 👍 good luck everyone

Let’s not forget the BOD are well invested themselves, Neil bought at 27.58 and 1.8m of them. So the BOD absolutely want this to be a success are rise in SP. For me it’s crucial the BOD are invested themselves. I’m gojng to give Neil the benefit of doubt and he’s expecting lots of news flow by the end of July. If things don’t materialise by then I won’t be impressed. But keeping the faith for now guys 👍

Yep concur, I don’t pay much attention to those, I just do my own research and have a price target 2.5p plus. Also these forecasts are before the updated MRE so I’d expect to be revised upwards accordingly 👍

Problem is folks Africa just for some reason takes its time. Been in other stocks and it’s like watching paint dry….but ultimately best to look at overall value you see fit over a few years. For me it would be utter stupidity for them not to ratify just because they want a higher slice. The slice they are due to get is v generous vs other countries (from memory 18 per cent?) A percentage of something is better than a slice of nothing. Stop dilly dallying and commit or you will be left behind with zero!

Yep agreed, no one really knows of course, but I’m hoping once we get to 50mt plus we can test 1p and hopefully hold it. In my opinion if Hainan did decide to come with a TO if we do get to 50mt plus, I can’t see it getting approved unless is 2p minimum. No guarantee that will happen though of course. Less than 6 months for first production everyone 👌

They are active and have just ratified a lease for another mining company. Although that is 100 per cent Ghanaian owned. Just got to keep our fingers crossed, it will bring a decent chunk of funds and employment to Ghana.

https://mlnr.gov.gh/index.php/parliament-ratifies-ghana-bauxite-companys-mining-lease/

It’s because there is a lot of mis trust in AIM right now. We’ve all done the due diligence and know what is (hopefully) round the corner. A lot of interviews are total rubbish with CEOs promising the world and never actually comes into fruition. People want to see it in black and white on an RNS. Our time will come good, just gotta be patient. Not long now…

Yeah repetitive boring rubbish. Admit, it’s a dog of share ffs. Everyone is bored by your crazy ramping, give it a rest.

Another positive video

https://www.brrmedia.co.uk/broadcasts/667a8fc91229df663013b292/kodal-minerals-bougouni-exploration-extension-drilling-update/

Looks as though ratification by end July at the latest along with news of offtake and miif second tranche if I understand it correctly. Not long to wait…fingers crossed!

Andii can you kindly stop posting about Marula. This is a kod board. I don’t give 2 hoots about Marula. Thanks.

Indeed, amazing news Lav, I seem to remember in one of the investor presentations both Steve and Bernie were rather excited about that (and clearly they knew it was a beast). Great stuff all kod holders, this is only the start 👍

You can tell Bernie, as a geologist, is jizzing himself about these drilling results!

Nah I’m not worried about it as we are still making v healthy profits at these levels. Even if it drops further we are still making money. Lots of higher cost producers will have to cease production which then limits supply which then raises prices…so hence why I’m not fussed. We are one of the lowest cost producers (or will be) worldwide. Lithium demand isn’t going away any time soon. I think it should stabilise at c $1200 per ton by year end, we will see!

Yep totally agree, that is Africa they seem to take forever with decisions. But also they need to realise its worth taking advantage of lithium now especially with it is viable with us being low cost. Fingers crossed, Herbert has a load of shares so at least it’s in his interests too to get it over the line.

Surely as they granted the mining lease back in October, it would look rather stupid if they didn’t ratify it in parliament eventually? Surely it’s going to benefit Ghana too as they have a stake in ALL? I’m hopeful they will although not sure when…

Fully agree Lav, I think from memory original calcs for kod were based on $680 per tonne and that was still viable at that time. It’s good to see some real progress being made at Bougouni along with regular updates. Just think in under 6 months we could be producing!