Member Info for Naylor442

Hmm fine balance between keeping things under wraps and also deliberately witholding market sensitive information.

Good ol DTM - date to mine...

@Zoros,
You are extremely naive to think that a CEO / BoD isn't judged also on share price performance. Company performance and share price performance whilst at points can become disconnected, should go hand in hand. It is about proper communication to the market.
Go back to reposting your timeline mate and stop thinking you actually have a voice people listen to.

I am still a staunch believer in GGP but Shaun Day really needs to address the continual share price decline. I understand he is doing what he can to strengthen our position going forward, but the market obviously doesn't have confidence in him currently.
A share price in the 7's is predominantly his doing given the heavily discounted equity raise which he oversaw, adding another 1bn shares to our register.
He spoke about going on the offensive in 2023 but so far he has actually pulled back and stepped in line with Newcrest.
Unable to attend tomorrow evening but hopefully he can address this and give us shareholders some of our confidence back.

He looks as though a big weight has been lifted off his shoulders. Very happy and confident, can tell he knows the trajectory of this.

Accionista have you considered group accoutning or fungibility of cash across the group? Just becuase monies are placed at a subsidiary, does not mean it is not owned by KOD.

That's like saying the transfer of assets as part of the JV means they aren't owned at all by Kod anymore.

Slight cross ramp but Kodal Minerals is worth looking at. Recently received the JV / funding package. Now fully financed through to early production in a very strong lithium market
Definitely worth a look!

More great results? Yes?
Increasing rate and advanced decline? Yes
Additional extension of mineralised area? yes
Additional depth of mineralisation? Yes
Share price increase? No...this share baffles me!

You are correct Summit in terms of actual cash in hand, however shares are priced on a forward looking basis.

A higher gold price translates into higher future revenue, and therefore discounted back in theory means a higher share price.

Shaun is usually very measured in what he puts out, albeit always with optimism. I can't imagine the next resource upgrade being any less than the 43% we saw last time. Exciting times!

Completely agree Merc.

Everything is falling into place. 2023 is going to be a very big and transformational year for Kodal.

News has been pushed only by a few months, in order to get into production at >12 months quicker in order to take advantage of lithium prices.
Our CEO himself has said there won't be a placing and that we are fully funded.
Stop listening to all the fools who are trying to paint their own narrative on here. Muppets.

NCM don't make decisions based solely on one man. I don't think a change in CEO changes anything for GGP.

Not really sure what damage you mean. Company fundamentals still very strong here, albeit timeline has slipped which I agree is frustrating.

The last time we hovered at this level there was a coup in Mali. I just look to how far the company has progressed since then. Risk / reward trade off is currently heavily towards success.

Never understood people's obsession with consolidation personally. Doesn't make any difference to me whether I have 100 at 1 or 50 at 2. Its the same end result.

Share price is low because all the new ii's he brought on board were at a significant discount to the prevailing share price each time. Probably limited chance in the make up of the original share capital, the ii's have entered by way of new shares.
No need for them to buy in at the current SP if there are behind closed door conversations offering them up at [ ]% discount.

Snip, stating that a placing occurred at 0.05p just takes away any credibility from anything else which you have said.

Instead we all just think you are a tool.

Very positive post RNS this morning and townhall last night. Grateful for the people who attended and provided feedback.

Slightly annoyed at yet again being played however. 9% rise pre good news, and 3% drop post. I smell a rat somewhere! People "in the know" profiting at the expense of others.

I am growing in confidence that we may hear the new we have been waiting / hoping for this side of Christmas!

Vosgi that is such a tiresome post. Go read an RNS or two before chiming in.