Member Info for GIVMESUNSHINE

MAFL has been leaky to news , but if the 15% was on the way and someone knew we'd be 100% up :)
Was expecting something on Goldens Gold financing and royalties but thats gone a bit quiet ..
news is never first thing so you never know!!

Morning - I think it may be sell the 5% - then legally fight for the other 15%.. looking good though , comfortable to sit back and wait Cheers

Thanks for the reply - agree - it’s not really possible to buy - I’m in the same boat - got cash to add , just waiting to see if an offer price comes in around 17p and will nibble as others get bored .. but it’s stood pretty firm over the last couple of months .. not exactly riveting but making good money never is

What’s your thoughts on the PEA v the infills we’ve had to date - I’ve tried to compare the two .. not easy task but in general all the drilling done exceeded the PEA and most metrics have improved.. PEA appears to have been constructed in a conservative manner

Yup :)

Either wat it has quite a significant amount tightly held

I saw these also on top

Director shareholdings
Name Holding Percent
Che John Connon 12,927,977 15.00%
Min Yang 5,779,850 6.00%
Geoffrey Robert Bake 1,559,699 1.00%

Major shareholders

Fai-Yue Lam 900,000 4.42%
Walter Yiu-Kwong Hui 900,000 4.42%
Daniel Yuan Fang 800,000 3.93%
Qi Sai 800,000 3.93%
Shi Ming Chen 800,000 3.93%
Shi Ping Chen 800,000 3.93%
Yue-Ming Pan 800,000 3.93%

HI All

Any ideas on the shareholder in this ? Website doesnt appear to be upto date, but looking at other sites this is nearly 100% not in public hands which obviously not correct - Thanks in adavance

FC - Forcasts - Broker notes are 99% retro spective - updated post news (on an almost weekly basis)to incorpeerate but zero / minor changes to the forward looking year..

CTC - Commit to consume, with 50% upfront for the last few deals it is not and issue for cashflow anymore.. but we want to see a steady increase as irrespective of the cash recieved it will not show on the P/L untill is "consumed" as such

Tees

Slightlty incorrect TU was $24 milion, but i do getyour point .. and certainly not an idiot ..but i think there a few senarios to consider.. firstly all FC at the moment are backward looking , and WAND is being careful in its communications via Edison .. if we look at H2 22 they just about reached prfitability with approx $20 million needed for BE.. However if we look at 23 FC it is currently only $30 million with a $10 loss - The last few deals H1 FC has theoretically been met with the first month.. even without any CTC growth - so we have 2 risks - No new contracts , no traction on CTC ... cash is no longer an issue..Margins are near 100% also .. so on paper can go from looking expensive to cheap very quickly.. Ive made the mistake of trying to judge value and selling out of stocks like this way too quickly - may get a pullback, may not .. but i dont think i would be relaxed not owning WAND

Suprised its so quiet for such an exciting fast growing company .. at first impressions looks way over valued - but look in detail and you can see the growth story here. 100% margin - $40million for profit and they have just exceeded forcast H1 revs in under 4 weeks ..and cash flowing through the door .. im of the thinking the current price will be a PE of 15 by year end with growth in the 100's of percents

.00402 to sell - 00.00404 to buy

real bid/offer is unbelievably tight .002p spread can both buy and sell in volume

i've been reading over and over the RNS - Its very detailed and ive come to the conclutoin that this move KOD into a new catagory - out of thsi deal if you add up the placing / loan repay - for very little dilution - KOD have got about $23million of the way (plus possobly a further£2 million for the sale of West) a fully funded mine construction , a fully funded exploration programme to boost those reserves and a 495% carrly on what is going to be a exploited with a significant player. tHE 5p may be seen as some kind of PSP benchmark - but I think that is irrelevant and will be surpassed toot sweet once we are finalised - This is not a heads of terms agreement - itsd took a long while to get to this point - Glad i bought in

The mms are bidding high amounts at 37.4p I could offload my entire holding without NT.. Currently and for most of the morning anything below 37.5 is a sell -

It’s standard set up for almost every direct subsidiaries.. KNUK will be the 90% shareholder . You wouldn’t have the parent company shareholders ssplitting equity again or being direct shareholders in the Mail registered mining co

Apologies- my point wasn’t clear - many posters have stated KOD are left with 39% dropping to 29% due to the mail govt 10% shareholding and option to buy another 10% in the subsidiary - but this is not the case - KMUK 51 H / 49 K - new mali sub will be 90% KNUK 10% Mali - so net share profits 45.5 H 44.5 K not 39% and certainly not dropping to 29%

Hi all - I keep seeing reference to KID being left with 39% - however from the RNS Mali gov get ten percent of the subsidiary not KMUK which is 51/49 see below

It is a condition to completing the Kodal Group Funding Transaction that Kodal's existing subsidiary in Mali, Future Minerals SARL, which currently owns the Bougouni Project, including the mining licence and other lithium exploration licences in Mali, will become a wholly owned subsidiary of KMUK. The parties have also agreed that following completion, any future investment and operations in lithium in Mali will be conducted by them through the KMUK joint venture. After completion of the Kodal Group Funding Transaction, it is intended that a new subsidiary company of KMUK will be formed in Mali with the name Les Mines de Lithium de Bougouni S.A, to be the owner of the Bougouni Project, and the exploitation licence pertaining to the Bougouni Project will also be transferred to this company. The Mali government has a right to a 10% shareholding in the entity that owns the Bougouni Project for nil cost (the "Mali Stake"), and the right to buy a further 10%

OK makes sense - i just subtracted the £1.7million from the $10 million baseline and added $2.5

so we are saying that MAFL held a £1.25 million NAC against the £2.5million and a foarward carry of £450K value of lagoa? Which now for NAV purposes should be dicounted at 50% from the baseline put option sale min ? still puts this at under half NAV (especially when FS is due for completion Q1)

Very conservative methods of valution mean that we should really trade at a discount at all

Hi Florence

I dont quite understand , maybe the £2.5 i can see that there would be a level in the £1.7 million - but there nothing in the current NAV for the Put Option - I understand the perhaps the $10 million baseline would be dicounted by 50% prior to sale ? Cheers