Member Info for Horult

I know what you mean, we've been in it over 2 years so hard to keep that faith🤣

I suppose as there was some risk of well collapse they stopped to test what they can now - fix the drill and then try and drill to the last 100m

big question is how bad is the drill? Appears they have still not identified the fault, then they need to order parts and fix it. Will take at minimum 2 weeks I guess. Never mind the second drill, they may not be able to drill the last 100m this year

Hard to say they keep moving where TD actually is!!!

they are over the original 1100m

then wanted to get too 1550m

but stopped at 1448m

now saying they cant test below 1430m

so who knows!

All I do know is that I'm glad I averaged down yesterday and I'll be taking funds back out on the spike

I just need to decide if I am just taking out the averaging down funds - or everything😂

Sadly not kev lol

I was watching it and had been thinking of getting back in the last few days

guess I will miss out on this pump and dump lol. I expect it will be back to 20p next week, the rises never seem to stick

I think I only mentioned it on the rns about appointing a new broker, sometimes there is a SP pop with a new broker

but it didn't pan out, I never looked into it beyond that to be honest

Maybe they are just being very forward thinking

there is already a lot of infrastructure in place near phoenix. It could be surprisingly quick into production? Pipelines already nearby. They have managed to change it into a discovery, they may be in JV/financing talks on the back of that.

So if flow tests go well phoenix could be in production fast, generating revenue to explore the new country.

or maybe their plan is to prove phoenix and sell it on? In that case they want a new area to explore...

It dropped to .45 because people expecting another extension. Deal agreed at start of year - but funds not going to be released until Mali tick their boxes e.g. transfer the ML to the new company

each month, they extended the long stop date another month - so gradual SP decline and still no signs of Mali sorting stuff out. Was getting towards end of month so people expecting another extension.

So when Hainan decided to waiver the final conditions and just give us the money without the ML, that was unexpected RNS news so it shot up and has pretty much remained above 0.6 since then

No dai no fees

212 struggles on low liquidity/volume - for example I bought £500 quid TM1 today - it took about 5 hours before it went through

But I sold CCL instantly ( I was 10% up was intended on leaving that for a few month but I wanted the 1k to put into kod )

and I bought into kod within 2-3 minutes as its currently liquid - I bet tomorrow morning trades will be instant on it

hence why I do not do much day trading as you can not time it and I use limit orders 90% of the time to guarantee the SP that I want to get.

I imagine a bit volatile tomorrow, though I am still suspecting a drift afterwards until next news. I sneaked in a quick buy after the rns at 0.72 and I have already put it as a sell at 0.80 - a cheeky 10% on £1k will do me. The max it got before was around 0.9 but all depends on if the herd turn up, who knows what will happen to SP tomorrow?

Various ramping remarks about it getting over 1.5p but personally I can not see it without institutions getting involved - and I cant see them buying in till Mali government finally ticking the last few boxes.

Moving forward $100mill into the new company to build the mine over the next 12+ month - so drift time. However the $17mill into kod will do very nicely to get some drilling done on the Nielle gold project - so could well be getting some spikes due to the gold - well before the lithium mine is finished. Certainly one worth watching for over the next 12 month.

Price sensitive kev, you cant sit on news like that I suppose, guess he had to issue it as soon as the funds were confirmed in the account

maybe that is why he worded the title in the way he did. Has to release it, but done in such a way that is it not fully digested by the market till after hours as news stories get published? So basically the same as a 7am

Maybe bernie does not like trades especially shorters

often does an intraday

and the header of the last RNS is kinda misleading, traders likely skim over it and not read it 🤣

KOD new RNS

- money is in the bank

Think somebody is just stoking the fire to try and get it going

if it was really leaking it would be moving faster and more volume behind it

Yeah, the rampers have a field day when it moves 2-3%

- so they are really wetting themselves with excitement today🤣

There is risk in every aim share

the lesson is to get onto a free ride - if you are not on a free ride in kod - you are still at risk of things going wrong

yeah looking bad for some at prem I am glad I am on free ride there. Hopefully it will still come good in 2024

lots of 'I told you so' posts from people, including some kod investors who consider themselves to be better than johnny - but are actually exactly just the same as him

And there we have it prem rns - no shipments in november or december

fire sale incoming

I have a free ride on prem dai so not looking to buy in I'm just letting it ride.

I see the absolute bottom at 0.25 so if you can get in between 0.25 and 0.3 I'd say that is a good price. Hoping it recovers a bit after this seller is done

still very risky though, I think Nov deadline will be missed - 50/50 chance December will also be missed to imho, as such will need to find $3m to pay canmax, also need to pay Goddard ( that will likely be paid in shares )

so I see a fund raise coming in December

If I was playing it, I'd be buying now, hoping for a rise back from friday/into next week to around 0.45 area - and then bailing and watching again.

2024 'should' be amazing though

Ex divi plays do not really work as such - as the SP will drop on ex divi day by the amount of the divi so it cancels itself out

but combine it with a hold over a few weeks/month on a swing trade and it can go well

I wanted a little stability after recent excitements and if I didn't put the money somewhere I would have likely got tempted into another pump and dump risk lol

Prem does seem to be some large sells going through last couple of days, so suspicion that stark are selling their new shares as they are tight on funds

sp holding quite well considering, so somebody must be buying them back

Already reinvested those kod funds

averaged down matd, phe and that recent he1 buy

bought some gsk and orit for a bit of a swing trade - and they go ex divi in 2 days

Sold my trading pot this morning on the spike

still have my free run shares in for the long term

I thought this resource update would come after money in bank rns, makes me think the transfer of money is taking longer than they expected and thinking there will be a long stop extension. Either way I am taking the 30% and running I needed a win!