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Thanks Daz,
Yes really it wants to be a prepacked product off the shelf from China to have all the works done within 18 months. Its a good sized plant from the drawings that have been released but we can assume some changes to it in the finer details as it progresses. It doesn't look as efficient as it could be, but as preliminary drawings just to show shareholders something then its fine.
Looking forward to seeing any finalised designs which can be scrutinised properly.
With March fast approaching we really need to get cracking with a deal to be in production by early 2024.
Hi AJ,
I proposed the same questing elsewhere recently. But when you see what senior gold minera produce in a single year it would imply Kodal need to find substantial site. Fatou would need to up hits resource amount considerably.
Just take a quick look at how many ounces b2gold pulled out the ground last year.
Without knowing if they have a substantial amount then for my personal views on price the gold currently doesn't make a difference as its neither here nor there without any more information.
Thanks
Mercedesman, have you looked at the profit on 1.94mt of spod? 1.5 to 2p maybe but 20 or 30 x is not really on the cards with the current information unless this gets ramped to high heaven. Have you looked at the profit from 1.94mt of spod?
Does this triangle, the best triangle in the history of triangles actually have any merit? Do not take this as a hit to you Daz, the lack of information on the post just looks like a marketing ploy and an easy one at that. Thanks :)
@iky a real prediction end of next week is impossible. If everyone knew what share prices would do then the world would look exactly like it does now...
Look at the fundamentals of this stock and you will see if things go to plan then the SP will head north. Speculating on an aftual number whilst fun is a fools errand. Try and find a stock which is actually at its true value. Most are either over valued or under valued. Look at B2gold (BTG) its making good profit and pay a nice dividend but is currently trading at 50% of its intrinsic value
Fundamentals are only getting stronger. Unless anything disastrous happens then what motivated you to buy the first 9.5m shouldn't dissuade from any more purchases. Being the person I am I would rather have a nice round figure in total stock...
With regards to timeframes about starting to mine. I fabricate conveyors and materials handling systems for quarries and recycling plants in the UK. Timeframes to get substantial conveyors and plant fabricated and more importantly assembled can easily take upwards of a year to be done properly on a large scale. 2023-2024 sounds like a realistic time frame from my experience. I think he would rather give a reasonable timeframe rather than under perform. Just my thoughts.