Member Info for LithBoy

Yes, a joint venture would be our best outcome by far, our Aussy chumbs next door have one with Gangfeng as does Lithium Corps Americus so it is happening else where. Baconora BCN fell fail to a take over and Gangfeng paid 67.5p a share which was the peak it had been in 12 months and I seem to remember this was due to an AIM rule. Still pretty low as most agreed a target SP for BCN as 125p. KOD is a different beast though and I suspect BA won't want to part with his gold. The Mali instability may also play into our hands, as the Chinese would prefer to spread the risk with us. If this is the case it will be the off take agreement where they push us the most on. Either way a very good share to be in at the moment!

Daz what's your view on buy outs? As far as I know any company proposing to buy out another company on the AIM has to offer at least the best SP it has had in 12 months. Some AIM rule somewhere I seem to recall. My gut feeling is a joint venture here as opposed to a buyout by Sino as Bernie doesn't come across as a grab and run type plus there is the gold tied up with Kodal's assets too. What are your thoughts?

Knowing BA's habits on RNS's and the general timelines for business trips and the signs from Twitter that BA's met everyone required an RNS update next week isn't an unreasonable guess. It might not necessarily contain licence news as I suspect this is now out of KOD's control and down to the Mali Government to process now. Still an RNS update as to where we are in Mali isn't unreasonable. Let's not forget BA has to pop to Ivory Coast as well or maybe that's where he was for those five days!

I have to agree that the licence news might take a bit longer to come through as it is probably now down to the government administrators to process it all for the final PM sign off. Still not going to sell though as this is not a given and when it does land given the interest in KOD the SP is likely to move far to quickly to get such a decent nibble of the apple as is on offer here. The gold may well be a very nice bonus so sitting tight is the order of the day!

Sellers will get caught out, that RNS packed with great news could even land pre bell tomorrow! I wouldn't want to try buying when the SP is shooting. Just sit tight now that's what I say!

Not to be a tamper either but I do have to agree. It's very unusual for a small exploration company to make it to a resource company and on the verge of becoming an actual mining company. That alone is a great sign of a well run company worth investing in. I'm planning to hold this one longterm and look forward to following it's next big step into construction!

I think the question is a fair one as this stock is hard to call. Lithium is going to be in high demand so the turn around on getting this mine into construction might happen faster than you think. Plus there is the gold thrown in the mix. I remember GGP when it was 3p next thing you know on it's jolly way to the teens where it flirted with 20 for a while... and so on. KOD is hard to say so I'll go with my gut. I also have a good interest in HZM too so will be keeping an eye on possibly shifting some there if I think KOD has peaked. It's all a guessing game, trust your gut that's all any of us can do at the end of the day!

And more news... https://ownsnap.com/kodal-minerals-plc-kod-l-bougouni-project-will-launch-the-share-price/

If you're right Mr Daza I'll go buy a copy of Now 22 with the few pennies I have left. If your wrong I'll be calling you Auntie Daz from here on to a joint venture production!

All serious trading talk aside I am feeling like a boy again on the night before Christmas. Exciting week potentially next week, let's hope it's not a duffer like when my auntie gave me a Now 22 tape with everything I hated on. Hoping to unwrap an absolute cracker of an RNS next week, Good luck KOD holders!

A joint venture would be a very good outcome, let's see either a good share to be in at the moment!

That is the point, will the Chinese take all like over at BCN all will they do a joint venture allowing KOD to retain the license and us lot to get a nibble on the cherry? Time will tell...

It's hard to say. Given the quantity of Li in the ground and the clear and coming demand for the EV market (if you are in any doubt that will hit then you must be living in an igloo somewhere that will melt if it doesn't) then the debt to pay back time doesn't strike me as the issue. The real issue is can Kodal deliver on the engineering front. If they can, they'll get the finance. If they can't it will most likely be a take over by someone bigger who can!

All the signs are that the licence is in the bag, just a matter of a few days or so before the news lands; patience is a virtue (got to have at least one). What will be more telling though is the potential shape of the financing package to bring this mine to production. I'll be reading the RNS closely to see if there are any hints/potential deals close to the table!

I'm down slightly in his main share holding of mine and all I can say this week is... I added more.

Joking aside there is another potentially significant aspect to these new emerging miners and that is they will be watching their environmental footprints. Up the supply chain many of the EV manufacturers will be called to count on how environmentally friendly their mine suppliers for the "green" batteries have been. I can just see the old established mining companies being on the back foot of these new emerging lithium miners who are environmentally conscious from the outset. Exciting times. One thing I will say is that our biggest problem here will be take over offers by the likes of Gangfeng at a SP that is way below the true value. Let's see though!

Haha if Nickle takes over my name is screwed but I've got a good holding in HZM too!

Been in here a while and a lot of noise about get out at 1p etc. In the old world of oil was king these little mineral exploration companies spiked and dropped on rumours and news. However, we're fast entering a different world where Lithium will be putting up a real fight to be crowned King, and those little mineral exploration companies will morph into miners. Why fuss about 1p when in 18 months things could be quite different?