Member Info for mercedesman

Think of all the satellite imagery we get to drool over in the next few weeks as the drill pads and site equipment show up one by one

Great point Lav, no more risk other than geographical, the next phase is watching them deploy all these drill rigs at Bougouni, Niele etc, while simultaneously watching them BUILD A MINE thats going to deliver hundreds of millions in profits $$$!

Not to mention the hedge fund boys, and institutions will now be holding meetings to greenlight this for investment over the coming days/weeks

I dont think Mr Market has realised its the funding RNS yet, because the title of the RNS was "Issue of equity & Voting rights" if i was not in the know, and saw that pop up, i would have thought it was a placing and exercise of warrants or something and wouldnt have even bothered to open it.

Expect gains over the coming days and weeks as the penny drops.

Lets go mining!

"The remaining funds of US$100 million being invested by Hainan as part of the Funding Package have been transferred by Hainan to Kodal Mining UK Limited ("KMUK") (a new subsidiary company of Kodal to be owned by Hainan Group and Kodal)."

$100m Transferred too!!!! NT any amount!

Stop stealing my tweets ghoti! Just kidding, share far and wide.

Something Accionista highlighted on twitter this morning that i was very pleased with was that the RNS confirmed that they plan to fast track the floatation plant 🔥 2026 could see KOD at 10p if It all comes off!

Moving up nicely now. Was overdone.

I think this will bounce well this afternoon, looks to be turning right now, so im in for a flurry. 12-13p

0.71 is about to be taken out, should pop after that, close that short now Vixen, before its too late! 😄

I think we will be pushing 0.8 at some point today. Throwing the kitchen sink at it to teach those short b****ds a lesson 😎🚀💰💰💰

Tesla just announced that their $25,000 model will launch in 12-18 months.

Good timing much? What will that do to demand, just as we begin producing. 💰

Hainan were always going to be footing the bill for 51% of the floatation, that is not new news, the date change however definitely is.

My guess would be that Hainan are considering fronting their 51% upfront first (perhaps just as the DMS becomes operational) to get the big long lead items on order in 2025, and then KOD can pay the back end 49% of the build in 2026 with their profits from DMS sales, thus bringing completion forward 12-18 months.

If that is the case that would be fantastic news, defo a question to throw at them on the next Q&A

Tight, like a tiger 😄

What are they offering to buy?

According to Bernard “stockpiling of ore ready for processing will commence 6 months from receipt of funds” 😉

Should fly by with all the drilling and constriction to keep us entertained 😄

Stop it Mafee! You make me want more 😂😛💰

Very well put robld

Perhaps, but also consider this. You put 10k in 10 AIM stocks.

£100k total

3 go to zero = £0

3 lose 50% = £15k

2 break even = £20k

One goes up 100% = £20k

Total £55k

The one stock that does really well needs to do 350% to break even, but ideally 500-1000% to make good consistent gains on the overall portfolio.

This is how Rick Rule does it, and how I do it. If you cut your winner(s) too soon, the house always wins.

Just something to think about.

Picking winners and then “doing nothing” is how I retired at 35