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I'm so stupid I always get excited at news and buy more when the price is up. I've taken my average from 0.11 to 0.46 with all the various spikes over the past 3 years. Maybe it'll drift a bit more so I can get it back down a bit!
5p today would be nice! Fingers crossed!
If Hainan buy Bougouni, what would that look like? I wouldn't expect Kodal to be completely taken over so would it just be a take-over of the new company that was set up for this project, and Kodal just gets cash for its share? How does this affect share price? Apparently having money in the bank means very little on AIM (based on our current market cap) so what would happen to the share price? A drop because we lost an asset? Increase because we've now got funding to carry out more exploration?
What has happened to other AIM companies that sold off big assets?
What does this even mean?
@Hop2 Definitely more to it than that. To be honest I don't even think KOD price is in any way correlated with the price of spiders.
Probably is dead cat bounce... but what if it's not?! What if the cat's alive and taking us to the moooon?!?!
Ok cool! I'm ready for my reward now!
Hahhaa boner.
Haha Watcher you're mental!
Easy 10p end of week
Yes sorry I meant 100p that was obviously a typo. 100p this week. By Monday I expect to be fully retired and on my way to the Lambo shop to get a shiny car each for me and my GF. Then I'll top up my PREM holding (buy the dip, yolo etc) and just sit back until I become the worlds richest man.
Easy 10p end of this week.
I have no idea what I'm looking at. Anybody want to annotate that satellite image for me, maybe highlight the key features and re-share? :-D
@Watcher36 I think it might be a good idea to visit the GP yourself. It's a good place to start when seeking advice and help for mental health issues. I hope they can help you understand and work through whatever it is that's troubling you as you're clearly not in a good place. Good luck!
Surely money will land before any extension on that is needed? It would be silly to be creating arbitrary deadlines which they aren't able to meet for the sake of a couple of weeks and risk making themselves look bad. That just makes them look sloppy and imo would be a tactical failure which could dent trust among shareholders. I think after all the delays due to Mali, they would have to be fairly confident to give that relatively close estimate for delivery of funds, so I expect cash by 15th.
Cool. I changed my order and after a few hours it went through at .66. Now just need the SP to hit 10p by end of week and I'll be happy.
I'm trying... T212 says price is .62 but my limit order at .65 is just sitting there...
I wonder what the average age is... based on the conversations on these two message boards I'd guess about 5 years old.
This is not financial advice. All just IMHO DYOR GLA!
How do you even estimate the impact of this? The funding is a certain amount but there is still uncertainty with regards to development of the mine and reaching production, plus the vast majority of the money will all go towards setting up the mines anyway so perhaps it's unreasonable to suggest the market cap should increase by the value of the funding amount as that cash is already mostly accounted for. On the other hand the funding is what unlocks the real value so actually the value after receiving that funding IMO is wayyyy way more than just the cash value, even before anything has happened with it. I want 1.5p before I start unloading, so I'm gonna jump to the somewhat arbitrary conclusion that we'll top out at about 1.5p during November. No maths. Just a random guess based on what I want to happen.
I think we're roughly saying the same thing. Money expected by first half of November, but Mali Govt just "as soon as possible" i.e. we don't know.
Don't get me wrong here, I think this is a very positive update (and disappointed that my buys didn't go through faster this morning). I just don't think that this is quite the completion RNS we were all hoping for or expecting.