Member Info for Lumipat

Today we get RNS!!!! I think announcement of 2nd Test Run.

As I wrote several months ago. KOD is still a long way from reaching its goal. An investment is still not worthwhile at the moment. It will still take a long time for the shares to take off. In other words, there are still some development steps and news to come. The CEO is always far too optimistic...which is a characteristic of such companies.

There is no rush to buy in here. Still to much uncertain. A long way to go. At least the production works.

I heard (rumour) that GR was spotted at the airport in Zurich.

As I wrote 2 months ago, there are still too many things unresolved...it will take some time before everything is finalised...., so don't rush to invest.

Not at all...at the moment...

As i told allready in february...there is no hurry to invest here....

It would be nice but there will be no big shareprice movement...in the near future...only if the several discussed points are solved...then we get a little movement..before not...even they announce the sale...

I have noticed that no one from PREM can be reached by email anymore. They have all deleted or blocked their emails. That does not bode well. Unfortunately. Not even the info email works.

Not in the short term...a long way to go

There will be no raise in the near future....

Yes it is a fair PE as long no profitability and no turnover and no profit...and licence is still not transfered...

This is a dream at least in the comming weeks and mounths...a long journey to go...

As i wrote allready. the current valuation seems to be fair. a major price increase is not expected in the coming weeks. the final licence transfer with the confirmation would help for the first time. and then the further clarifications (publication) of the area expansion for mining. let's hope that some important good news will come to boost the price. it would also be important to know what happens to the shares of suay chin.

Approx. Calculation KODAL MINERALS

Total Shares in issue 20247366260

Monthly expected production 10000 tonnes

Yearly expected production 120000 tonnes

Price per tonne expected 810 USD

OPEX AISC per tonne 647 USD

Profit per tonne 163 USD

Total expected profit per year 19560000 USD

Total expected profit per year per share 0.000966052 USD

Actual Share price 0.0052 USD

P/E Ratio 5.382735407

Hi asher. Thanks for feedback. We will see what happens. For me there must come more then just the announcement of producing....

As i mentioned. The calculation you can see here:

Approx. Calculation KODAL MINERALS

Total Shares in issue 20247366260

Monthly expected production 10000 tonnes

Yearly expected production 120000 tonnes

Price per tonne expected 810 USD

OPEX AISC per tonne 647 USD

Profit per tonne 163 USD

Total expected profit per year 19560000 USD

Total expected profit per year per share 0.000966052 USD

Actual Share price 0.0052 USD

P/E Ratio 5.382735407

There will not happen a lot at the moment.....untill some other things will happen....as before discussed...

Based on these figures, which in my view are not the best, other parameters will be important for the share price to move upwards. First of all, production has to start. Then the decisive factor will be which grades are achieved. Then it depends on the outcome of the licence story. And then there are many other open questions that need to be clarified and finalised.

In my opinion very poor offtake price....

Is this the offtake price they agreed? Thats in my opinion not so really good. The price for the OPEX AISC is US$647 per tonne. So the profit margin is only US750 per tonne...so they earn US103 per tonne....Very poor in my opinion.

Your summary is very good. I'm right there with you. These are all future events that will definitely help to increase the share price.