Member Info for ivenoidea

Personally Lav, I think the news is quite close.. maybe even next week but don't hold me to it.

lol

Motley Fool have been running several articles a week on KOD since the turn of the year, most contradicting the other.
I wouldn't put it quite like Daz did but I'd not pay much attention to them either.
Just over 5 weeks to go now until the funding transaction long stop date.
Looking forward to the next 18 months with a big smile on my face.

I'm looking forward to these drilling campaigns.

https://www.reuters.com/markets/commodities/goldman-sachs-expects-commodities-supercycle-2023-03-21/#:~:text=LAUSANNE%2C%20Switzerland%2C%20March%2021%20(,bank's%20head%20of%20commodities%20said.

A week tomorrow Clapa, that's my 'guess' at the Chinese ODI approval RNS.
Then volume will be at least ten times of that today.

@clapa.

I like this too in the same RNS:
"
MSALABS has also now commissioned a mine site laboratory at Shanta Gold's Singida mine, Tanzania, and a laboratory in Bougouni, Mali, which will support gold and lithium operations in southern Mali.
"

"

https://www.wealthclub.co.uk/aim-isa-explained/#:~:text=Why%20do%20AIM%20ISAs%20get

@Mercadoly
https://www.wealthclub.co.uk/aim-isa-explained/#:~:text=Why%20do%20AIM%20ISAs%20get,no%20IHT%20should%20be%20due.

elcobbledore, I agree.
At first I was disappointed with the DMS option because all I could see was ££ generated by the flotation option.
The DMS option is sensible and gets us to cash generation quicker and has much less risk than the longer flotation build considering the time+costs to commission.
Take a look at Leo Lithium share price and rumors of overspend requiring a cash raise in the near term (true or not those rumors persist) ... less risk of that for KOD. Sensible strategy indeed.

Lav, we are now 6 weeks since the deposit landed and a further 6 weeks from the long stop date to complete the funding transaction (which could be extended if required).
My crystal ball tells me that news is going to land the last week of March and that news will be the change notification. This will trigger all the other pending news.
What I did pick up on is that during the mining conference in Cape Town last month, Steve Z was arranging with DRA Global for the DMS unit to be installed in 6 months (source =BA in a BRR media interview).Feb, Mar, Apr, May, June, =July/August....
We know that it expected that it will be 12-14 months to build the mine from the moment finance arrives and a further 3-5 months ramp up until full nameplate capacity.
By October 2024 I envisage a healthy looking share price north of 2p.

It will be, because that's how sods law works.
If it lands tomorrow then I will buy your son a beer on his 18th.

Unless of course you're trade and ISA accounts are with different brokers.

Can't your broker do it for you via bed&ISA?
Most broker's have a service for this type of thing and can sell then buy almost immediately rather than you having to do it yourself at risk of losing out?

You've done a bit of homework there clapa.
Beers on me at the next AGM.

That's a great find sloppy. Thanks for sharing.

They will RNS the submission.
It's not been submitted yet.
Lots of work was required but it should be nearly ready now. My bet is by next Friday.

Lav, do you think DSO for KOD is an option being considered?
Lots of talk of running over budget at Leo, this is a way of boosting cash reserves for them and since they have so much product already defined, why not?
We will have the DMS built by Christmas if the money lands by April and have it fully commissioned early next year -I don't think we need to consider DSO, lets get full price for our product please.

The biggest drag on their share price is the escrow shares held by firefinch (ffx(. Around 17% which when they become available to be sold that's what ffx will do. When that matter is resolved one way or another I think the mcap at Leo will be well above today's value if not before. 520m is way too low for what they will be producing.

It's the final countdown