Member Info for ivenoidea

RNS timed just after the last lot of shares have been dumped by Riverfort…..

Tell me more hitch

https://uk.reuters.com/article/us-metals-lithium-ahome/column-lithium-the-metal-of-the-future-with-a-futures-problem-idUKKBN23H2AT

Fingers crossed all this new green stimulus stimulates the KOD share price....

Muel, watch this video and then read the bulk sample test work RNS (which isn't available on this site for some reason?)

https://www.youtube.com/watch?v=fdyMZvQzcDg
https://www.rns-pdf.londonstockexchange.com/rns/4554M_1-2020-5-11.pdf

IMO there won't be a finance decision until the optimisation study has been complete and this is 'expected' to be finalised in Q3 2020. There will be no finance until they decide on what needs financing.

All the best SorB, I know how you feel about this share, its a roller-coaster that's for sure.

Donny, keep an eye on the status on the Mali Online Repository for our Application:
https://mali.revenuedev.org/application/159525
APL-I-2798

It still shows 'Validation', when this changes things will happen... if I recall for Mali Lithium the status changed and it still took that company a few days to update their shareholders with the good news.

In short the application still needs the rubber stamp... it's Africa so who knows if that's next week, the week after etc. I would expect by end of July personally.

It's the same on every share that I have invested in Muel. People are not always what they seem.

SorB, I can't find the link but there was a 121 mining conference around the 22/23 May. It was an online conference, I suspect the slide deck was for that.

Here's a couple of predictions for you daza which you'll rarely get from me but I'm happy to provide you with on this occasion:

1] The KOD C1 costs that you have presented will be lower by Q4

2] The SC6 prices that you quote will be higher by Q4

Do your own research (which I'm aware that you know your onions so to speak). Good luck and I sincerely hope you can turn your losses from both MLL and KOD into decent profit's.

Well done WelshTrader98!!

Worth pointing out that March/April was a good time to 'multi-bag' and these opportunities don't come around too often... but I am sure you are well aware and are managing risk/reward appropriately. ( I had a few on your list too !!)

This share is for keeping until Production at least for me, possibly beyond.. Good day today but would like some news to back this up before I open a bottle of bubbly.

Wow, just popped in on my lunch break.. wow!!

Very happy after a fairly tough twelve months, I'm a long term holder so not giving away any of my shares just yet.

Nice to see this rising and the board not being plagued by ramping day traders. No change on the status of the application but Mali do work on Sunday's so worth taking a look then. I believe today is a weekend day.

Info courtesy of Daza a few months back:

https://mali.revenuedev.org/dashboard

Application Code: APL-I-2798

Hi SorB, yes that may well be the case but I have a feeling BA may be over in Africa for a few reasons:

- Business in Africa, from my own experience is better served face to face. BA spends a lot of time and effort maintaining good relations and being present in Bamako would help get this over the line. IMO.
- As part of the mining licence application there is a 'negotiation' to be had with the Malian government, this will need to happen face to face.

Just over a year ago a timeline was published for the 121 mining conference in Cape Town, pretty much all of the milestones on the timeline have been met apart from the following:

"12 Months:

Complete Mining licence application and negotiation with Mali government
Finalise mining optimisations and open pit design for processing plant construction"

It seems to me we are very nearly at the point that this either takes off and we make some money or it falls flat. BA has always eluded to our majority shareholder providing funds for the development... it won't be long now until we find out how this will happen.

FJ, it's my hope that KOD are now in Mali finalising the MLA.

Ivenoidea how to find out BA's whereabouts but Mali is open for business, that I do know.

When MLA drops the rest should follow in quick succession. IMO.

Well the LIT etf is northward bound so perhaps we might be soon too?

https://www.barchart.com/etfs-funds/quotes/LIT/technical-chart?plot=BAR&volume=0&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&sym=LIT&grid=1&height=210&studyheight=100

I guess these guys are all backing the wrong horse then Paolo?:

https://www.argusmedia.com/en/news/1874627-large-lithium-battery-plants-to-dominate-capacity

https://www.theguardian.com/business/2020/may/20/uk-first-car-battery-gigafactory-amte-power-britishvolt

https://www.statista.com/statistics/974302/battery-manufacturing-locations-worldwide-by-region/

Thanks SorB, I enjoyed that.

I'd want my money back if that's the case Sorb, poor effort if we've paid someone for that presentation.

When the MLA lands tranche 2 of Steve Zaninovich's warrants become available.. I'd imagine he too is hoping for a major rerate.

https://kodalminerals.com/project/bougouni-lithium-project/overview-highlights/

The Company has a significant lithium footprint in southern Mali which, in addition to its flagship Bougouni Lithium Project, also includes the 200km2 Bougouni West Project and the 109km2 Diendio Project. Collectively, Kodal has a land holding of over 800km2 in Mali, making it the largest lithium developer in West Africa in terms of acreage.