Member Info for jamesroo

Dickens would be proud.Our Lithium is of the very highest quality defined as Battery Grade and therefore the Mine rating is excellent.RNs on Gold the other also very good.Problem with SP is the months of stagnation that was allowed to occur,for murky reasons in my opinion.This has left the price starting from a particularly low base and buyers that have looked and walked away will be slow to return.I fully accept that a spread of 8%,twice todays increase so far is plain greed and stupid.Hate to use these words but the Chairman/Ceo need to positively voice how good this Company is in all areas and expose the value of buying to the market full blast.Good RNs`s to us alone is just not cutting it. I will be buying again today.

Aandi, if praise was deserved by the board they would get it.But action speaks louder than words, and posters have not seen any.Patience and faith require realism.Many here know this stagnation is set to continue. It is quite difficult given the assets here to reduce the SP to the current level.Hard to see how things could have been handled much worse.

Yesterdays RNs has been ignored even though many experts calculate the Gold could justify the Mcap alone.The inertia of the BoD over the last year cannot be shaken off and one suspects the only resolution that the market will accept is a take over.The high quality of the Lithium has been downplayed to the extent ,big hitters feel why buy as we can get in at the end of the year at the same or lower price,and so the money elsewhere to greater benefit. Potential yes, strong forward push no.There comes a time to step aside and let younger hungrier people get on with it. Bod is seen as past it and alas rightly so.

Chesh, this period of a year and a bit will be looked upon as insignificant when the shares are at 2p or more.We will then be chartering a plane to Mali to give BA the bumps and sing for he`s a jolly good fellow. We can call ourselves the Kodal Choir.We may even give you a 5 minute comedy spot. LLAP

Other shares and Asian trusts doing very well indeed so have doubled holding and will do so again tomorrow.Totally fed up with BOD but those gold results from what i have read this morning are totally commercial and it seems to good to miss.Newcrest are gone their choice but Resolute seems to have hit a winner and in turbulent times a bit of gold is always nice. Perhaps in due course we will be bought out and Directors that can run a Company properly will take over, as this Crowd are at best confused or at worst out of their depth. The assets under any calculation are way undervalued and that will correct in time. GLA.

newchurch,wife and I were talking about dear old Benny last evening, he with the lustful eye chasing bikini clad women at the end of every show.We determined they would throw away the key now for a myriad of crimes.

LONGAME, you state that the Bats post is a waste of of time and infer more. I can assure you the Bats word is his bond and I take it as Gospel. You could not be more wrong in your assertion.

Islandgirl-many thanks,its appreciated.

what do these Gold drilling results mean? I ask because i haven`t a clue. Or they fair ,middlin or good?

Recently i have tried to put forward a positive opinion for BA, however the problem for me is that if his word cannot be taken on Newcrest when if ever it can it be taken.Trust is all important and that has not been substantiated. In addition thanks Cleaner for "Snippet" and it is clear this man was like a rabbit in the headlights and waffled,repeated himself and spoke mostly about the supply and demand in general of Lithium and nothing of consequence about Kodal,and certainly nothing new.He was on camera for just over 2 minutes and IMO was very uncomfortable indeed. For me all he says must taken with a pinch of salt.Disappointed.

100% factual and for the little it is worth you retain full support. The courtesy of a reply is the minimum that should be expected. Well done.

We hardly needed a genius to know Monarch were in trouble and further more current problems will not be fixed with wallpaper.A BoD`s awake on the job and senior management support plus regular information is all I ask for , no miracles just common sense.

Apologies to Ned,my 9a.m., post clearly never made it.I am going to have to try Via Voice again.I do not know why any Kodal Director would hold back a JORC as it can be updated as further assays arrive.Google do a full report on the process which I read months ago and seems simple enough, with updates expected and ongoing. Price of any bid is pure fantasy,but worthy of comment given the IPO announced.In the last 6 months kodal has dropped in a straight line from .28p to .18p, therefore average is .23p and a recognised premium of 50% in buyouts would give a valuation of .345p.PLEASE NOTE I DO NOT AGREE WITH THIS PRICE, but this is the general rule of thumb. HGW as I have said i do not own any shares in Birimian but have been aware of the Tax question and resolution. The Shares there have had an even steeper decline but that is not my problem. BA has of late received poor reviews but whilst ceo he has others who could possibly be more pro active and share the burden.I have felt not only should he find the Lithium but also do the JORC,report to us, advertise the Company and in fact do all.This was not realistic and i was unfair, he is in a different position to us.For us it is buy ,sell or hold.He has numerous and varied personal options and corporate one`s which thanks to Ganfeld just got more difficult. His actions and indeed lack thereof at times could be no more than keeping his cards close to his chest and what is good for him may well prove to be good for us all.If a bid does ever come from Ganfeld having S.Raifu on board as a counter bidder possibly could turn out to be a stroke of genius. I am not an apologist for anyone , but this could be the time to cut BA a bit of slack, he has been the one to take the Company to where it is today. He may have an ace in the hole, lets see.It goes without saying IMO anybody selling now could regret it.

I always vote no for no particular reason other than i have found over time there are enough idiots that will always vote yes. IMHO the smart play for Ganfeld would be to ignore us and let the Company continue drilling to their hearts content.

Wife has had me running errands(in the car) all afternoon so a break for Kodal is welcomed.As you know we are in the territory of ifs,buts,speculation and guess work and will no doubt get pillaried by some. But whatever. If an offer ever arrives it will be aimed firstly at the Board and S Raifu.I do not know of any connection between the Chinese but as this expansion is Government sanctioned protests may well be muted.The price offered has to be equal to all so directors get the same price as us.However the board is of limited personnel, and for the like of BA to get an annual consultancy fee would not be unreasonable as he would have a lot to contribute to any owner. We then come to the like of us, I have felt for a while a lot would be pleased to get an offer that would get them out with a profit and allow them to move on to other ventures.Hardliners like me and regular posters here would be harder to satisfy but we may be a minority by then as M&A`s would undoubtedly be nibbling at the cake.All in all to me a figure of 1p would take the company but a cheekier offer of half of that would be likely and without a counter offer could be sufficient.My preference would be a payment in ganfeld stock .Somewhat pessimistic I know but calculated from the market price of the last 6 months.Just wild speculation on my part,

HGW & Ned would you agree that given the downward trend of both shares that any responsible bid that would let the majority of shareholders out with say their stake and 50% + would be viewed with earnest consideration.SP of BIrimian has fallen even faster than kodal and many have become disillusioned with the broken promises made by the BoD here and their lack of business skills have been woefully exposed as inadequate. Never thought I would say this but a transfer of my finances to a quality company with ambition and direction might not be that difficult to swallow.Lets face it and be generous to BA & Co., they possibly did their best but for well over a year all they have done is drill holes and it is what they intend doing this year also.Younger,fresher and motivated people are the way forward.They deserve their well paid retirement and we deserve professions a the helm. Only my opinion and I have no shareholding in Birimian.

Ned no correction required you are spot on, had a while reading about Ganfeng and ILC and it would seem they are out to rule the world.Collaboration of Birimian and Kodal will protect neither if Ganfeng become serious and alas they seem to be so.They intend to tickle a lot of tummies and see who rolls over. Ganfengs IPO application alone saw their share price jump 6% and they have 20 different ways to use Lithium and its derivatives and the processing plants they have are large to me but inadequate to them. One could do worse than buy into their objectives by way of shares. I do not claim to know the implications for us but the options are indeed very real. By the good morning to you and all.

Battle,wind and solar energy can be stored,and it gets less expensive every day.Just wait to we get fusion.

Just when you think all bases are covered someone throws a curved ball, and this most certainly is a curved one.From previous experience if the IPO is successful and Ganfeng puts in a bid it will be low .The Chinese only pay the minimum so do not order the New Yacht yet. But despair not,all interest is good advertising.

The idea of investing is that your money is put to work by the Company.Kodal has �4 million in the Bank and proven Lithium resources,which is greatly valued.Does it not seem feasible to start selling the Lithium whilst still continuing to drill as they are going to have to co-exist soon anyway.The area of the mine makes this essential plus it is the best advertisement Kodal could have for improving the present falling Sp. Money in the Bank and assets lying in the ground make nobody anything.