Member Info for NobbyD

Jaglith, this is what they're pumping...

https://x.com/Premafrimin/status/2060262979719860527?s=20

...grossly overdue.

Come on Bernard - where's the long awaited MRE/JORC update?

Latest from buyholdsell on YouTube

https://youtu.be/9-yMkdr9HzE?si=zTu0Ui6cvjLpOuKO

Https://youtu.be/MrfoBs2Qm3s?si=bb9-6YeyihNgrguP

AIM must be being manipulated and is therefore too fickle and too volatile moving forward.

PREM is up 8.3% on no news and KOD down 3.4% on positive news!!! What's that about?

I think it's time Bernard moved things to the main market as AIM has served its purpose but is now a hinderance to achieving the re-rating we all know is due.

According to yesterday's AGM Q&A we can expect the first shipment to comprise circa 30,000t before the end of October. That's about £25M, mostly paid at the docks. Happy days!!!

The spread is a product of the volatility in the share price in order to deter day traders. The Kodal sp often yo-yo's significantly.

The Tweet/X posting I read only said they'd had a visit from the mining minister and that they (Kodal) had addressed some earlier observations.

Nothing concerning mining, processing, or workforce status. If I've missed a post I'd appreciate a link.

...difficult to maintain production if your workforce has been laid off!

I agree - suspending production through lack of explosives certainly merits and RNS. Let's not forget they claimed to have a 3 month stock pile of unprocessed ore to boot. I'm not happy.

Https://youtu.be/4STmfnDbc5A?si=h1ZLYg6ON6U28lNl

Trade made at 15:55pm

...is Chef finally a stakeholder?

Laverda,

Please keep it civil.

Basically, it doesn't matter how fast the plant operates at or the size of the stockpile is if you can't ship it. All that continued production does if you can't shift the product is it burns operating cash and eats into a company's runway.

The shipping issue is just a question of logistics which were largely resolved prior to (and facilitating) the Hainan investment.

I do understand that only your opinion matters so don't feel obliged to respond by repeating your thoughts again, and again, and...

Ricky,

The transfer of the licence is academic without the export permits. This is reflected in today's lacklustre market reaction to the share price. Both documents are inter-dependant so, whilst it demonstrates some overall progress, one is of little consequence without the other.

Laverda - like all well run companies, Kodal will employ a JIT regime to manage casflow, particularly when off take payment is made in 3 tranches. Continually stock piling processed materials would mean double and triple handling which incurs expense.

IMHO, Kodal will get to their optimum output within the next 3-6 months - Plenty of time before the Malian government need to exercise their right.

...and SC about 10%.

If Hainan had such a cosy relationship with the Malian government we'd have the licence by now.

Personally, I'd like to see Hainan buy out the SC share holding to stop the drip, drip, drip selling bu SC which is keeping the SP suppressed.

1. The licence has been granted and it's transfer has 2 of the 3 required signatures

2. If Hainan bought the SC shares that wouldn't affect the balance of power. The shares are in Kodal not KMUK

3. The tax payment is being withheld subject to the licence being transferred