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I agree with BFD;

The change of auditors isn't huge news, but may help future arbitration developments.

Nice to see the SP move in the right direction this week.

Might close my Macbook early for the weekend!

Respectfully, we need to see much more significant growth than 0.34 to truly reflect what this JV is worth.

Very welcome, but meaningless if we can't generate the support to sustain itself.

I try to not be a pessimist, but we need to set reports for the price to spike like in Jan.

DYOR etc etc

By the math to analyst "estimates", we're currently in range to 4x investment IF KOD ever hits the 1.20 recently evaluated mark.

big emphasis on IF and ESTIMATES.

Not to be a pessimist on this sunny day, but I'd expect a buyout before hitting 1.2p IMO if things (suppressed SP) keep going as they are.

IMO highly unlikely to meet the mid-20s again.

Last time was a Mali terror attack before shipments had begun IIRC.

BUT if it does go lower, I'll happily top up

I made a similar mistake, fear not.

My average is higher than I'd like, but hindsight is a cruel and dangerous mistress.

You must have bought in real high to not sold in Jan

Oh look, another Joe-based account.

Agreed, the wording isn't good but we need to wait for the disclosed reason.

My AI assistant came to the following:

Common reasons include:

Routine auditor rotation — Firms sometimes change auditors for cost, capacity, or policy reasons.

Disagreement over accounting — If the auditor and company disagree on valuation, revenue recognition, or disclosures, the auditor may resign.

Concerns about governance — Issues with internal controls, documentation, or management transparency can prompt a resignation.

Audit firm restructuring — Sometimes the audit firm itself changes strategy or drops smaller clients.

Only the second and third categories are red flags.

Thanks Cobble,

IMO no necessarily a red flag. We'll have to see the reason in a few days.

I may be late to the party, but what's this news of an auditor resignation? I can't find a credible source.

Possibly because UK and CH standards are different.

Afternoon chappies,

IMO a buyout from Kodal isn't likely. They already control the resource. There is no financial or logistical merit to them owning Kodal or the mine, yet.

I do agree though that whilst the price is low (and I also believe undervalued) the answer is simply buy more. ESP if you believe the stock has legs.

I'm personally very content with my stake and happy to sit on it.

Day traders expect it to explode the day after they buy in.

Regarding the strange multi-million sell orders, and 1 share buy orders:

If anyone truly believes in market manipulation, I would suggest taking screenshots and submitting to your broker to investigate.

I AM surprised that 89mil on the RNS didn't merit a good push, but not putting on my tin foil hat today.

My theory is that the payment news was expected from recent interviews and that we need to wait for stage 2 news.

The 1p EOY 2026 Goal is alive and kicking.

It's the patience and the faith the waivers at times!!!

BFD,

Agree, the arbitration was overblown, the Mali situation IS a dampener but no different to December IMO.

I would argue that the investor exhibitions need to pull in bigger fish.

Agreed Compo,

Another one for the green bin.

You are full of it.

Hainan are ACTIVELY PAYING KODAL, who also have 15 mill reserved in the bank.

Get off the board, get off the internet. You're delusional.

SylviaBloggs,

What an absolute load of drivel. If you have no stake in the business then why ae you here?

Everything you've stated is horrendously taken out of context and full of speculation, clearly intentional.

"Hainan clearly want to throw Kodal away as a partner" BS. its a joint venture and they have full OTA in place.

You should be ashamed of yourself. I hope you mods remove your ridiculous trite.