Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Laverda, you're reading way too much into these things. If they knew when to expect the sign off, they'd headline it, not mutter it under their breath. I've watched the AGM twice, and absolutely no where did anyone give off the impression there's a target date or even vague timeframe for the sign off.
The reality is they don't know and we don't know, which is fine; as long as there aren't any issues that have been flagged by the government, they'll sign off on it in their own time like they did with the mining licence.
Stop posting speculative b*ll*cks; it'll only make people more antsy when the arbitrary deadline you've given innevitably comes and goes.
Sorry mate, exactly when did I predict the stock price would drop before news?
It's pretty clear the SP is comfortable between mid .4s and mid .5s, and just because I expect the news next year does not mean I expect it to dip below that floor. Imo, this is either a hold or buy.
Your mindless ramping is embarrassing, and probably actually undermines people's confidence when you make spurious claims because it makes Kodal look like a chump's stock.
Agreed. I've said before: in my opinion, it's absolutely a matter of when and not if, but I also think that "when" is more than likely to be next year than next week.
Certain users on this board seemingly watched a completely different AGM to the rest of us where a definitive date was given in morse code through a cheeky smile and a wink by Bernie. They also don't seem to grasp that it means f all that two Chinese blokes are sat outside the Mali mining office waiting for the sign off; the government couldn't care less who is waiting and will do things in their own time, which, as we know, is a lot longer than everyone thinks.
GLA.
"The Chinese ain't stupid and are not going to spend money on infrastructure for nothing."
This has to be sarcasm 😂
If not: I have no doubt the Kodal deal will complete, but you're incredibly naïve about the Chinese economy.
I think we're in for a lot longer wait than a lot of users on this board seem to think. I don't think the wait is indicative of any problems behind the scenes, but anyone who remembers how long the mining licence took to be issued will know first hand how much the Mali government drag their feet on these sort of things.
I'm still of the mind it's not a case of if but when, and I'll be pleasantly surprised if the funding is signed off before Christmas, but my realistic guess is early-mid 2024.
GLA; this will be life changing for some people when it kicks off.
Absolute tosh that Kodal are holding back on releasing news of the transfer until Leo resolve their issues. It makes no business or logical sense to delay something indefinitely (considering the Leo situation is completely out of their control) for the sake of a slightly higher SP which is undoubtedly going to drift down once the RNS frenzy calms.
The board doesn't care what the SP is in the short term, and they certainly don't care if it's slightly lower than it could be for a period of a few weeks.
Has anyone done a ballpark figure of what sort of market cap we'd be looking at recently? I recall someone doing a breakdown a while ago, but a lot has changed since then with the expected extension of mine life, involvement of Hainan, and increase in lithium prices.
I agree. Unfortunately, I can't see Kodal receiving funding until next year, which does make me nervous because the situation in Mali and the Sahel in general is only getting more unstable.
I won't lie - I'm p!ssed they put a date on funding completion in the first place when it was clear it was wildly unacheivable.
I don't doubt the funding will be signed off on eventually, but we're clearly heading for yet another extension which is only going to undermine KOD's credibility, knock investor confidence, and stoke the PREM trolls.
Shorted a stock I've been in for over 3 years, that's hilarious. It's hard to distinguish between cope and rampers, but you can usually tell by when they started posting.
As I've outlined, it's pretty clear to any logical person that the factor driving the SP between now and the last RNS is the current tax year and FOMO over Easter. Those are literally the only notable things to happen between the SP hitting mid-0.4s and hitting mid-0.5s.
Second, stagnation isn't good for SP. Whilst you're right that the people who have bought into a S&S ISA are unlikely to sell immediately, they're also unlikely to keep buying in the volume they are right now at the start of the tax year and before the Easter weekend. That's innevitably going to cause a loss in momentum and therefore a drop in SP; it's not simply going to stay where it is, because that's just not how SPs work.
This forum is full of rampers who will tell you an ATH is the time to buy whilst they themselves sell and leave you holding the bag, only for them to buy back in on re-alignment. IMO it *is* foolish to buy in at these prices when literally nothing has changed since the RNS when the market valued the SP at mid-0.4s.
Onlyking, how's your counting?
Two days of trading after the latest RNS, the SP ended up in the mid-0.4s. There's been no more news since then and yet the SP has hit the mid-0.5s. It's clear that what's driving the SP isn't the RNS, but the new tax year and FOMO over Easter.
I've provided more justification than any one else has bothered with in reply. There's been nothing new in the past few days to warrant such an increase, other than the fact it's a) a new tax year and b) a long bank holiday weekend. Literally the only thing driving the SP since the last RNS is FOMO.
I'm not saying there's not good news in the pipeline; there's actually lots to be excited for down the road. All I'm saying is .5 is absolutely not the new floor until an RNS justifies it.
Anyone who remembers the mining licence will understand this.
I can see you're new here; makes sense.
I think, as with the mining licence, that has already been factored in to the SP.
I'm confident this has legs and will be +1p in the long term, but the ramping on this forum is hilarious to those of us who've been here for years.
Nothing wrong with top slicing and taking profits when there are fools who are willing to buy at inflated prices.
Anyone expecting this to stay above +0.5 before a new RNS is delusional. It's the beginning of the tax year and people are topping up; there's been no news since the last RNS to otherwise justify such an increase in the short term. I expect this to bottom out in the mid-0.40s before rising again on a new RNS.
Will nothing move this SP upwards? Two decent RNS' in a week and it's stagnant.
It is pretty dire. It's not uncommon to see trades of +5 million shares; can you imagine the volatility if a THIRD of the company was constantly bought and sold?
There's 16 BILLION shares in issue IIRC
Clearly not understood the whole point of having 'too much time on one's hands'