Member Info for M_Night

Just to preach some caution.

Goldplat shares crossed over to Orca.

https://twitter.com/JB_MiningAfrica/status/1498698898491203589?t=0IfOgyCh28YfIS5B4-ngYw&s=09

Be careful, as it seems PI buys are absorbing some large sells.

My comment on 3rd Jan. "Surely a placing is coming, considering they only listed with 2mil?"

Glad I sold as I was expecting this.

The herd is catching on. Expect higher volumes going forward.

People know this is cheap and if there are dips going forward they'll be bought in more quickly. The moment this went under 1.10p today it went NT to buy for any volume within minutes. Many of these shares are falling into sticker hands as well, as they can see this is a multi-bagger under the current fundamentals and growth strategy for 2022 (focusing on growing production at Kilimapesa) and 2023 (focusing on building the 2 acquisitioned projects into quickfire producers and growing Kilimapesa even further).

Sell your shares at this level and it'll be harder now to get a lower average with the placing out the way and new shares quickly being churned through. More buyers to compete with now.

Topped up myself. Company will multi-bag this year on its growth, regardless of the rising gold price.

Did a dummy buy from £30k down to £1k and its NT to buy for any volume.

Also did a dummy sell for 2mil shares and they'll take them all in one go. They're short of shares and buyers are taking the dip.

It's for the wrong reasons, but I think many more will be heading here over the coming days, weeks and months. Cheapest gold producer on the market, massive growth potential and away from the conflict.

3 - 4p a share is where we should be based on the current fundamentals of producing 12,000oz+ of gold this year, with a group resource of 1.5mil+ gold oz. So just 200-300% upside from this level. That's about $22,000,000 revenue if we assume an average gold price of $1,850 this year (could be much higher, maybe even $2,000+ this year...)

Once the expansion work is complete in Q2, we demonstrate 2000oz of gold production in a month / 24,000oz per annum, the group resources hits 3mil+ oz (the additional licence is granted along with the drilling to upgrade the resource), the roadmap to get the additional projects producing is demonstrated, then this should be heading towards 6-8p. This should also be possible this year as we know these developments are well underway and being accelerated through the placing funds and the drills rigs.

At some point later next year, we should have 3 producing gold projects and further acquisitions in east Africa secured, all funded through the group revenues. 10p+ isn't far fetched then, as that's the boards original vision if you refer back to the early interviews. They always stated they aren't here for a few pence a share.

This is why GCAT is one of my biggest holdings. When it listed, it was several years and steps ahead of pretty much every gold junior available at a similar market capitalisation. I am very confident with this one that it's a 5-10bagger with a bit of patience.

People will be happily paying 2p and 3p a share for this at some point in the near future, this year no doubt. Significantly de-risked now, revenues coming in, motivated + communicative board and multiple projects to turn this into a great gold producer.

Not much else like it on the markets for these prices.

I'll be buying a few million more shares this week. The fundamentals are too strong to ignore at theae prices.

Lithium price at a new high,, demand only increasing, supply only getting more constrained.

Bougouni one of the last lithium projects listed in London at this level mcap that is ready to go.

https://kodalminerals.com/project/bougouni-lithium-project/overview-highlights/

Meanwhile, that gold price too...

The RNS may have been vague and disappointing to some, but really it alludes to something big brewing behind the scenes imo.

****

Bougouni Lithium Project

· Kodal technical team completed site visits in January in preparation for development activity.
· Development work ongoing, including a detailed LIDAR (light detection and ranging) survey to commence in late February for use in final development planning.
· Meetings held with local Governor and officials and local Chiefs to update them on Kodal's proposed activities.

As, I've stated before, we know in the December interview he stated there are interested parties and we also know they have been highlighting Gangfeng in these interviews and on social.

PREM had 14 interested parties sniffing around it and so I really do believe Kodal will have a similar amount of suitors lining up or more due to having the mining licence already secured.

"Final development planning" "Meetings held with the local governor".

Hmmmm....

Atlantic Lithium - £240mil mcap and rising.

PREM - £80-90mil mcap and rising.

KOD - £49mil mcap.

Over 20mt resource, mining licences during a global lithium boom with the biggest companies sniffing around.

Look at the sub 100mil mcap and you'll see how undervalued this is. Just Bougouni with an operating mine would elevate this to a 1bil+ mcap over time, 20x bags from here. That's not factoring in the Bougouni West and the gold projects.

Just like PREM, all it'll take is a confirmation of early / preliminary discussions and 100-200% in a week should be expected.

Check out the the December interview regarding interested parties. With the mining licences in place, there'll be great interest in Kodal here that will be RNS'd soon.

A project that can quickly be in production with the mining licences.

If PREM is getting as much interest as it is WITHOUT mining licences, KOD will be a very attractive prospect for the big guns looking to quickly get this stuff out the ground.

Kodal is far along the road here and with the mining licences already granted, I can see this easily going well north of 0.40p soon. Lithium shares are re-rating to mcaps in the hundreds of millions.

Just like PREM, I envision the board is getting a lot of interest, including from Gangfeng. We've had enough hints through the CEO comments and recent retweets.

ODX, relying on the pandemic, market tumoil and hot air contracts that never materialised for capital.

GCAT, relying on its own wholly owned resources and infastructure for capital.

Enough said there.

Rookie question about our stockpiled gold, but:

"Total gold in stockpiles at the end of the quarter was reported at 2,919ozs."

So lets just say we have 4000oz in stockpile right now, we could sell this for essentially $7.5mil at the current price of gold (approx $1860 per oz), correct?

If so, thats an incredible amount of money for a newly listed junior to keep reinvesting and growing.