RE: Looking forward to our next RNS and Update4 Dec 2025 08:57
Here you go Chicken, Bernard and his team clearly know that its gets wet in Mali so just cracking on regardless...
26 September 2024 – “Bougouni Lithium Project Update”
Says mining had started and a stockpile of ore was “growing well in advance of plant commissioning,” with ore stockpiles expected to be available ahead of commissioning despite rains.
Kodal Minerals
11 February 2025 – “First spodumene concentrate produced at Bougouni and Project Update”
Notes open-pit mining at Ngoualana was continuing to build the ROM stockpile, and gives a figure of >350,000 tonnes of ROM ore ready for processing.
Kodal Minerals
4 April 2025 – “Update on Mining Licence Transfer and Project Update”
Reports the feed-grade ore stockpile on the ROM pad was in a “healthy state,” ~220,000 tonnes ready for crushing/processing.
Kodal Minerals
30 April 2025 – “Hainan provides up to US$15m Loan Facility”
Explicitly links the build to seasonality: mining ahead of schedule “ensuring that the ROM stockpile is built ahead of the wet season.”
London Stock Exchange
5 August 2025 – “Mali Minister of Mines Visits Bougouni Project / Project Update”
Wet-season impact described: lower pit levels restricted by heavy rainfall and “excess water in the pit,” but ROM stockpile ore kept the DMS plant operating.
Investegate
+1
These five give you the full arc: stockpile being built pre-commissioning (Sep 2024), built up into a big ROM buffer (Feb 2025), maintained at healthy levels (Apr 4), explicitly framed as wet-season insurance (Apr 30), then actively used when pit water hit (Aug 5).