Member Info for ivenoidea

Well played accionista, I couldn't be bothered to correct him as it was so inaccurate he just wasn't worth my time.

Troll, lol... Far from it swazers, I'm here to make money and don't need your silly charts to state the obvious.

Hi swazers, there's an icon at the top of the page which is labelled RNS.

Recently Kodal published their annual report.

From that you'll see how much cash is in the bank and be able to properly access the burn rate. Anyone who has done both read the annual report and listen to your podcast will understand my post.

Anyone else who can't be bothered probably can't be helped.

Speedy, it wasn't a laugh but it helped me off to sleep last night so thank you for that swazers.

If anyone pays for that misinformation than more fool you. The deep dive into Kodal finances were way off, my advice is stay away from AI until you learn how to use it properly.

Yip clapa,

Think there's a bit of a wait here for a decent rise in share price. Has the 3rd ship arrived yet? Has the 4th ship even set sail?

Once the equipment has finally arrived on those fast track ships, I'm sure the share price will react positively... Until then we wait for our licence to transfer and remain on the 2019 code as outlined by Kodal many times over the past twelve months... Oh wait....

That mre update could do with being fast tracked... Another broken promises to go with the long list Bernie has created over the years..

I've just ordered a Chinese takeaway with chips AND rice.

It's coming kodders, it's coming!!

Ghost,

The thing is and many have missed this, there is no delay to the construction schedule as long as the equipment arrives by September based.

The timeline published in a recent investor presentation. All is good for at least the next 6-7 weeks.

Would be great if the boats arrive before end of July of course but no actual delays yet...

Lav, it's all quite sad what's happened at Leo another share gone horribly wrong just like that.

Their board are still trying to squeeze money from long term shareholders like the one who plagued this board for years. Until the sale completes I'm not sure we'll see the bougouni West sale complete.

Invest in management as much as the company seems to be the moral of the story here.

By the end of July all the equipment will likely be on site and being constructed.

That's going to get the pulses racing.

If you've been reading the forum this week then you might want to consider providing a sensory room at this year's AGM.

I'd have to check Reggie but I reckon you've said enough now to make your point.

Reggie over 10% of today's posts on the kod board are from you, someone with very little posting history on said KOD board. But I'm not suspicious at all lol!

You don't like the photos, I got that with your first post... Delicate soul aren't you.

I must be the only one pleased we're almost ready to put the meccano together in a few weeks when it starts to arrive onsite.

It's all starting to come together quite nicely, efficiently and on budget.. what's to be unhappy about that?

New website too maybe?

Be nice to see some up-to-date information about our flagship project.

'Why does Kodal have so many shares in issue, can they reduce it?"

Exploration needs funding, funds are typically raised via share subscriptions, Kodal have 20bn shares in issue as a result of all the fundraising to get to this stage. Kodal are now building a mine, fully funded with no debt and expect to make a healthy profit next year, the year after, the year after and so on for at least the next 8 years. Kodal spent years metallurgical testing and bulk sample processing to finalise all the various designs derisking the project so that when we enter production we'll have a product that we can sell.

"If that can reduce the shares in issue does the so go up?'

Probably.

Forget the website laverda.

What about the drill results.

They've been drilling since November with up to 3 rigs all at once.

Where's the results Bernard?

I wouldn't rely on lse when reviewing RNSs for a company as they do miss some and never seem to backfill what they've missed.

I always use the London stock exchange for RNS reviews.

George, by September delivery (including shipping time)

Merc, he's looking for 50mt and an upgrade by July.

I'd be surprised if he doesn't hit the tonnage and timely based on the satellite pictures and excellent research by accoinista.

Barno, do you want mine?

Happy for just 1.2p

Hey dad, mum wants to know what time you're coming home?

Lav,

They are building a lithium mine, I'd imagine that's keeping them quite busy !

It's not like there are many of them on the board or management level (compared to our neighbours for example.) There were only 4 blokes used to build the access road lol !