Member Info for mercedesman

Good news on the raise, some are questioning why it was a small one when we need $4.5m. The answer is that BRES are hoping to get the sp up to 8-10p before needing to raise again, if at all, as there is aprox £6m worth of options that can be exercised at 7.2p, that would be enough to get us to DFS completion.

Also of note - Test results due back soon

And it sounds like the Deal with the DFC is all systems go, half the DFS money at 0% interest is a massive win

And now im thinking “hey but they’ve only drilled 3 of the 9 known veins, so its probably more like £6bn”

😫🤣

So It just crossed my mind that once drilling starts its more than likely the 21mt resource is going to double over the next 12-18, so we can assume that the value will also double, and if lithium stays at or exceeds $4k we know its doubling again, that makes Bougouni alone a £4bn project, of which we own half, so £2bn, minus say £300m for the floatation plant and general running costs + some other s**t we haven't even considered yet, and we are looking at £1.7bn value, or 10.33 pence, with no forward value attributed and not including any gold…..

…..and now i cant sleep…….. 🤬

In…

KOD at 0.3p, 2025 target 4-5p

BRES at 4p, 2025 target 35p

I own a “healthy” pile of Bullion, in case the world burns

Thats it, 2 stocks and a treasure chest. Keeping it simple 😎

Yup, no bitey bitey from me. Onward KOD, 10 days remaining!

Daz, I get it, we’ve warned them enough, and i agree. My suggestion, just let them get on with it now. Its not our issue. Lets not start another war

I cant think of any gold miner thats done really well the past year or two. Perhaps KOD have timed it just right with the new all time high in gold getting tested and sentiment turning positive. Would be great to release a maiden resource just as a bull cycle kicks off!

The gold could be just as big as the Lithium in time, sign us up a 75/25 JV and lets do the double 😋💰

Thanks Forrest, think I will listen again for a refresher. Hopefully news soon and things can start moving. So undervalued here

Shame about the pleb who keeps selling 1m every time it hits 0.83. we'd be at 0.9 now if he learned some patience

Yes Lav.

Anyways, back to KOD, guaranteed an RNS in the next 11 trading days, lets hope Bernard gets it done, I'm quietly confident. But also happy to wait either way, we are going to get some stellar updates this summer, I would imagine an MRE upgrade to 25-30mt for starters, and cant wait to see what they unearth at the gold sites.

Reality- ATM had an open day and Hainan attended, it was in july 22 😄 almost a full year ago. I think if they were that fussed they’d have made a move by now 🤷🏻

Never say never, but its not as if they were there 2 weeks ago and some deal is imminent

Oh behave Trippy, if you want to get personal fine, but what really burns your wick is that I sold at 14.4p and shipped the lot into KOD which trebbled, effectively im back at a 35p sp for GGP, and here you are sat at 8p. Your angry because you couldnt take off the rose tinted glasses and I did. The destruction of value here is clear for all to see, and yet you’re still standing in the birds nest singing Shaun songs as the ship is taking on water. Call me a trader when ive been in about 3 companies in the last 2 years! 😂🤡

Jamesp21, how so? I warned that SD was wrecking this Co. At 15p

What if the sp is 6p after a placing and Newmont buy out GGP in its entirety for 10p? The past 2 years under SD has been an absolute shambles

Hey schlem, small world, ive heard a whisper that KOD might be doing a deal with Hainan too, for an eye watering $117m

Rumour is its going to be completed in the next 12 days. Dont tell anyone though, hush hush 😉😉

A cold Peroni and midget strippers, what could possibly go wrong 😂

For any Newbie investors looking into Kodal but dont know how to research or understand the timeline, I've just broken my keyboard doing all of the hard work for you....

https://twitter.com/AnInchTooFar/status/1658112260235993090?s=20

Eyes on the prize.......15.....14.....13....

Panama, I was gone at 14.4p. Looking to get back at some point towards year end (if GGP still has Havieron)

From a technical trading perspective its also worth noting that this delay has given the RSI time to cool off while the sp has held up well, paradoxically the longer the wait the more time we build the 0.8p base and the bigger the move will be when news lands.

Like Daz said, BA has missed deadlines before, but never failed to deliver what he promised. For that reason im happy to wait even if its delayed again, the Mali sign offs are out of his control time wise, but i have every faith that he will deliver the goods, and that KOD will rightfully move to a new trading zone between 1.2p-2p