Member Info for mercedesman

I just got back from the year 2027 and its 14.8p

Good luck with the ISA top ups today. Lets hope its not NT all morning lol

Shareschat valuation = 0.7p

Cannacord valuation = 1.3p

£117m to come in

2606m of outstanding Drill results to come in

New Drilling schedule at Fatou, Nielle, and Bougouni to be announced

ISA Top ups tomorrow

Its all to play for! See you tomorrow.

Yes elcobbledore, we are still at the start of this journey, £89m Mcap while our peers are sporting £160m, £200m, £400m+ Mcap’s, and we have soooo much room to expand the resource.

If Bernard has let slip that Boumou might be 3x the original resource thats an additional 8mt on top of the current 21.3mt right there. Imagine in a few months when we are swimming in results and all of them are expanding at multiples. We could get to a 50-100mt resource and 25yr mine life very fast.

Start thinking about the 1.5-2p area for a slice, and let the rest ride to an inevitable buyout.

And dont even get me started on the gold! : p

Dont remember it, but your welcome!

0.525 +14.1%

Good day, more tomorrow.

Might pop straight to 0.58 if our big buyer keeps going. Then 0.7 on news.

I went on ADVFN board once, for about 10 minutes, and almost needed counselling afterwards. Never again!

Musicman, dont confuse sp with Mcap, sp is meaningless because it doesnt take into account the shares in issue.

What i do like is that many junior explorers/miners in the past few years have hit mighty Mcap’s BEFORE production

PREM - pushing £220m
EUA - £1bn+ (on some pipe dream of a buyout)
GGP - £1.5bn at peak

Many more examples

Kodal have done all their due diligence, got the resource defined, got the licences approved, and got the deal/finance in the bag. Where does it go? Well none of us know but i wouldn't be surprised to see us knocking on the door of the £1bn club soon enough. Once you’ve proven up 40-50mt Lithium, and 1-2m oz Gold circa 24/25’ you could easily be looking at 10x from here

Chummer most of your old stock picks were very “get rich quick or get wiped out” choices. The oil companies in particular. Stay here, great management, huge proven resource that could still double/treble in size, be patient and you’ll do well, top up while/if you can and in 12-18 months you’ll be laughing.

My target has always been, and still remains between 1.6p & 3p. Its wide because it depends on spod price in 12 months which could be $2k or $6k lol

That 10m will be a buy, thats right when they were deliberately skewing the buy/sell reporting to fill it.

Just checked and 0.46p close is the highest daily close since July 21’

Yes, 0.46 close. +9.5%

More tomorrow, and then ISA money coming in Thurs/Fri

I smell 0.5

: )

2.5x usual volume, on no news. Some Institution on a shopping spree? or perhaps Hainan before a full offer?

Very exciting!

Everkid: the market makers are playing funny buggers with the spread, have been since about 10am, almost every buy/sell is being marked as a sell. expect some interesting trades/sp movement after hrs imo.

Not that it matters one blind bit. its all eyes on news now.

tbf there was a lot of info in that, every time i read it i see something new. and its all great! : )

Just re-reading yesterdays RNS and spotted something i missed the significance of...

"The mining contractor tender process is progressing well, with eight experienced mining contractors included on the tender list. Formal tenders are due in early Q2 2023.
This will provide the Company with adequate time to review tenders and select a preferred contractor after the Project funds drawdown occurs. In turn it provides opportunity for the mining contractor to mobilise to site at an early stage in the development programme, so that mining can commence well in advance of processing."

Bernard plans to start mining the open pit well before the DMS plant is completed, so we will have a huge stockpile of ore to process as soon as the plant is ready.

Smart move!

If we are to believe the mm’s reporting (giggles)

32m Bought
64m Sold

And yet we are up 3%

Clearly some fu.ckery going on lol, trying to induce sells. Perhaps a large buy being worked on the books.

Last two resistance points are 0.44 and 0.46 then its blue skies.

0.425-0.44 +3%