Member Info for mercedesman

Ha, not likely guys, im actually not much of a car guy, would more likely be “FordRangerMan” so the camping trips are a bit easier!

Never ever any more placings. Not many sub £70m AIM companies can boast that. £££ Bernards played a blinder!

I think the general agreement here is between 1-3p for the DMS plant, 3-7p with the floatation plant, and the Gold could add a few more on top if proven up.

No mad ramps or de-ramps, everyones pretty chill. Just gotta wait for the $117m to light the fuse.

7.5%

I bought 4.5m at 8.01am, its still not been printed, this is going way higher, i think the mm’s are in a pickle.

So DMS plan submission, and Finance completion this month then!

RNS:

“Closure of the Funding Package is scheduled to be achieved before the end of April 2023. Thereafter Kodal intends with support from Hainan to move quickly into the next phase of development and construction of the Project, in order to meet the 12-month development schedule.

Kodal will complete legal review of the Change Notification for submission to the Mali DNGM in the coming weeks.”

0.5p perhaps today, who knows?

Great summary Daz, great RNS!

Looks like we have struck new Li veins at almost every location within Bougouni too, the whole region is one giant chunk of lithium!

Summary: We’re all going to become disgracefully wealthy here. hahaha

Have a great weekend everyone.

Was the new lab confirmed as up and running? Good news for the $35m expansion drilling programme if thats the case. And i know KOD have also already planned and allocated the $17m funds for the gold drilling. This summer we’ll be getting results pouring in from 4-6 separate drilling programme’s!

ivenoidea, from the financing RNS, regarding the drilling I posted…

“In addition, a programme of extensional and definition drilling is expected to be undertaken by KMUK within the vicinity of the DMS plant where previous work completed by Kodal has indicated the presence of lithium bearing pegmatites. The Board of Kodal believes that these additional veins near the plant have the potential to be economically mined and processed following the completion of construction.”

Yeh right, very interesting, they must be the ones KOD have stated we are waiting on results for right?

If the mineralisation extends out even half of that grid you are looking at a bucketload more tonnage. What would that do tho the economics, bump us to 15-20yr mine life, the profits (and likely buy out price) would be amazing.

That could drop any day now.

Man this year is going to be exciting

Agree, 0.60-0.8 is the next stop

Lots of interest this morning. The UT got swallowed up in minutes and we are pounding on 0.41 as i speak.

News is close and people know it.

Lets not do the whole PREM vs KOD thing again, its been so nice the last 4 weeks since the ceasefire, lets not spoil it. Let the sp’s do the talking and good luck to both.

Up to 12 new holes/pads to the west of the open pit have been deployed between 1st-26th March at Bougouni.

The footprint is almost as big as the current 21mt proven resource!

Looking forward to those results!

https://twitter.com/aninchtoofar/status/1641099522850816000?s=46&t=F2PdUrnNqdKsoHY-LUUNdw

UT @ 0.398 put us up 9% for the day (will probably correct -4% tomorrow am) but still 5% up is good.

Matt im watching ALK but not convinced yet, it all hinges on them securing funding and it could drag on / fall through at any time, if they get it though it might be worth a long term play to 2026, certainly not moving any funds from KOD until we are in the 0.6-1p region.

not at all just trying to point out to those that said "why is this dropping". no mallace meant

Probably not just the delay, but the placing and the 60% production expectation. The rose tinted glasses have been removed