Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
To be fair crumbles... if you invest £25k today and the company pays dividends in the future (once earning revenue) then I would hope your investment is worth a considerable amount more than £25k.
Maybe they will in a few weeks time once the planning issues have been concluded?
https://documents.newport.gov.uk/PublicAccess_LIVE/Document/ViewDocument?id=05E9EDD477AD4262A3A1524A52646799
Daz,
Th Mafele Prospect (Bougouni West) was tested back in 2019 along with the Marigo Prospect that sits between the Sogola Baoule and Boumou prospects.
From memory the results were not great, BA mentioned at the time that the drilling on Marigo was too close to 'weathered' zones.. Mafele returned very little - "low-level mineralisation from the reconnaissance at the Mafele concession":
Drilling Program:
https://www.lse.co.uk/rns/KOD/drilling-programme-commences-znchhrmzfcssj7n.html
Results:
https://www.lse.co.uk/rns/KOD/bougouni-project-development-exploration-update-2jylyk6ifmbi8ea.html
I'd expect license plus finance before broker rating.
We are still at the very high risk stage, which is why I'm still expecting many more bags from here.
The bigger picture looks good and I'm happy to take the risk.
Notice is hereby given that the Annual General Meeting of Kodal Minerals plc (the “Company”) will be held at Fieldfisher LLP,
9th Floor, Riverbank House, 2 Swan Lane, London EC4R 3TT on Tuesday 28 September 2021 at 11:00am for the purposes of
considering and, if thought fit, passing the following resolutions, of which Resolutions 1 to 5 (inclusive) will be proposed as ordinary resolutions and Resolution 6 will be proposed as a special resolution:....
More info here:
https://kodalminerals.com/wp-content/uploads/2021/09/Group-annual-report-and-financial-statements-for-the-year-ended-31-March-2021.pdf
Usually here:
https://www.google.com/maps/place/Fieldfisher,+Riverbank+House,+2+Swan+Ln,+London+EC4R+3TT/@51.5097463,-0.0888445,16z/data=!4m2!3m1!1s0x4876034b80d1e025:0x9b26b0ae7013aaf8
But I'd wait until they publish details as many companies are still not allowing attendance from shareholders. BA answered questions online last year.
The 2021 Annual Report and Accounts and Notice of the Annual General Meeting will be posted to shareholders and published on the Group's website at www.kodalminerals.com shortly. The Annual General Meeting is to be held on 28 September 2021
To be honest Lav, I thought todays RNS was a subtle message from BA aimed at Ricky to let him know that all is well and we will be getting that licence sonny.
Feels like we are about to go on a nice ride north, possibly following a post bank holiday RNS... patience will pay on this one and I am glad that I have stuck with it for the last 3 and a half years.
Unfortunately many good guys sold out before the recent rise. Perhaps swayed in part by the persistent deramping by the self proclaimed saviour who is currently on a ban.
I hope your £500 turns into £5000 soon.
I'm, as you say one of the lucky ones who currently has a wad invested which I'm hopeful will make me a millionaire very soon.
Don't forget the drilling at Fatou:
" Fatou gold project in Mali - drilling at the Fatou Main prospect where historic exploration defined a NI43-101 mineral resource estimate exceeding 350,000oz gold. The drilling will aim to confirm and expand the known gold mineralisation and provide data to support completion of a JORC compliant mineral resource estimate"
One of these (Nielle / Fatou) will no doubt be part of the 'monetisation' event later in the year.
Then we have the assays to come for the recent drilling at or the monster gold resource that is Dabakala.
How exciting.