Member Info for mercedesman

As a 5 year GGP holder i was actually quite please with 23m @ 1.6g/t. At less than 100m depth thats prime steak for an open pit low cost mine.

Plenty of angles here, Nielle has even better intercepts.

With further drilling any one of these could see us taken out by a mid tier miner who wants exposure to Lithium and Gold.

Nothing fishy topdiamond, it’ll come when it comes. I for one am making the most of the buying opportunity. Will be 1p+ by summer in my opinion

: )

Nah, no way, Bernard will get a great deal when the time comes, hell even a bad deal would be 1-2p

The assumption that “news isn’t imminent” may be incorrect. Todays RNS stated that the survey would be done at the end of Feb to assist in the final mine plan.

Well tweaking the current plan has no major bearing on the re-valueation based on higher spod price.

For all we know that RNS could still drop tomorrow, the profit margin will be 5-10x higher than the PFS

Eyes on the prize.

Moving up, buys still coming in thick and fast.

Welcome motherlode, great timing

Here we go, 6.8m buy, 2.5m buy (mine), 1.3m, 1.1m, 1m

27 buys in a row, this race is just getting started

Im trying to get another wedge in at 0.3p and every time it gets close someone else is snagging them, imo this dip is a blip, will be heading back to 0.4p in no time. Looks like PREM has peaked and now under short attack, so probz get some moving over here too

Yes daz, the goal remains the same, get the C1 costing that should take this a lot higher, take this opportunity given to us by the impatient to add to your positions.

Survey/results in March then the big update by the sounds of it, and who knows maybe some news on funding or JV

Its NT to buy, fake drop. Im trying to add at 0.315 and they wont let me

Yes gold results are good (good grades for that depth)

I really liked “ Development work ongoing, including a detailed LIDAR (light detection and ranging) survey to commence in late February for use in final development planning.”

Final development planning has a certain ring to it. I thinh we are closer to a deal here than most think.

Bougouni Lithium Project

· Following grant of the Mining Licence, as announced on 8 November 2021, Kodal has commenced social impact and land usage studies for the community inclusion package for the mine development.

· Kodal undertaking a review of processing plant and update of proposed capital costs with major Chinese contracting and construction firm. A report of proposed plant design and upgrades to cost estimates is expected by the end of January 2022.

From Dec RNS

Update on Gold Exploration and Activity at Bougouni Lithium Project



Kodal Minerals, the mineral exploration and development company, is pleased to provide this update on the recent activities at the Fatou Gold project drilling for gold mineralisation and the ongoing activity at the Bougouni Lithium project, both located in southern Mali.



Highlights

Gold ExplorationFatou Gold project

· Initial reverse circulation ("RC") drilling programme consisting of 11 RC drill holes for 1,242m completed with initial programme focussed on the northern Fatou area where historic NI43-101 resource estimate had previously been completed around an area of significant artisanal workings.

· Kodal is seeking to validate the width and tenor of mineralisation in this area and drilling has indicated zones of sulphide mineralisation as well as highlighting extensions of artisanal workings.

· All samples have been dispatched to laboratory for analysis and results are expected in January 2022.



Nielle Gold project

· Kodal has completed community follow-up at the Nielle project in northern Cote d'Ivoire with consultation with local farmers to access areas for drilling in late December-January.

· Kodal is expected to complete a programme of follow-up drilling as soon as possible to infill and extend the gold mineralised intersections from previously announced initial drilling including:

i. 13m at 5.07g/t gold from 12m in drill hole NLRC035

- including 3m at 16.33g/t gold from 13m.

ii. 5m at 15.42g/t gold from 7m in drill hole NLRC032

- including 2m at 31.54g/t gold from 8m

I think if Eyeguy came in and said 1p next week, or 5p next month you’d have a point Daz, but he’s not said anything too outlandish.

Im certainly guilty of being excited about the prospects here, and see a £200-£300m mcap, does that make me a pumper? No, because i understand we need to update our books, secure JV/financing etc etc and that might take 6 months, or 3 years. So long as we are not coming up with “Jam tomorrow” statements we should all try and get along

I remember eyeguy from the early 1p days at GGP and back then we were flogged in the public square for even suggesting it might someday reach 10-20p, as it happened it almost doubled that. Point being, so long as we are all honest with our timeframes, and the obstacles we will need to navigate along the way, there’s nothing wrong with being bullish.

Lets hope we see some more great gold results next week, followed by an update on the resource revaluation.

Both of those in the bag and there’s bound to be some big fish come sniffing for a meal.

225m traded, highest since mid Nov

The herd commeth!

Great post with links M.Night

And dont forget the Gold. As a long term gold investor the results KOD have disclosed so far are very promising too!

Might be a double slam dunk.

Have a great weekend all.

Todays move just shows how fast this will move when news lands. Gold results due, PFS upgrade due, as soon as stock dries up, and there are no sellers, cue fireworks!

Buying all day mate, 5,000,000 were the biggest 2 so far, have to do it in 2m-3m chunks now.

Dont want to give the game away to the mm’s as to the total. Lets keep them on their toes ; )

success, 0 stock, NT any amount.

Im off to walk the dogs, enjoy the tick ups

Wholeheartedly agree Hydro, keep up the great work.