Member Info for Oneortwo

Why is SP going south? I don’t get it????

It seems he is more interested/focus elsewhere:

https://share.google/gokAgRIQbgKSg84iv

Just FYI

100% with you Nettles, from my point of view the patience is key here, and something that I expect will be well rewarded.

A few payments in the bank and balance the accounts and that will put Kodal eventually in the producer league, I know we are producer already but I don’t think that is what the market think of us until we can show regular and stable revenue. At present our balance still scares investors.

In my head this is at least a 2 years from now investment. Like when you expect a baby, it doesn’t matter how much you want it, you still need to wait the 9 months. First a moderate/decent increase when proved regular revenue and then the big increase in sp when phase 2 and SC out completely (or almost). Of course, assuming everything goes well and we don’t have problems….

Onlyking,

I don’t think there is anything major holding it back, possibly SC a bit IMO, but with the revenue we generate, investing it in phase 2, I don’t expect a significant change in the next couple of years.

Everything and everybody seems to be around gold and silver and copper, so unless we start working on our other assets I don’t expect a major change in the SP for many months to come. I think it will go up a bit, but I don’t expect a huge improvement.

IMO, if you think carefully this company will not generate too much after the Mali gob cut and Hainan cut and the costs of mining. What we generate will be use in phase 2 development (which I agree with), therefore this will require patience and not many people will put the money here while they can get much more elsewhere. They will probably invest here when SC are out and we are close to phase 2 production and that I hope it is not more than around 2 years from now.

I would be happy to be wrong and get 0.5 by Xmas, but I think the reward with Kodal is linked to your patience

Yes, I wish you also the best of luck. I put this money into Broadcom, bought at 406 and it is now $410, so in the right way…

I just needed a break from AIM, I am also invested in Kodal, a much larger amount than what I had with wsbn and it is not doing as I expected either at the moment, but for Kod I will wait at least until 2028

As said, good luck you all with this and the other shares

@Mooching,

I agree with what you say, but I’m out. I sold last Monday on almost 50% loss, but I rather take the other 50% and put it somewhere else without this BOD involved.

I genuinely believe in the project, but at present it is literally running like headless chicken (where the BOD is supposed to be the brain of the company).

Entirely IMO, I suspect a placement soon, which will dilute the sp to much lower. With no assay results for months, likely placement, the BOD rns’, etc I wouldn’t be surprised if the sp goes below 20 in a few weeks

In the Opex figure

Can anyone confirm the shipping costs from mine to port are included in the figure of $647 per ton as per the presentation?

I would imagine so because it is Kodal responsibility, but I don’t know why I’m not 100% sure of it???

Https://uk.investing.com/news/company-news/wishbone-gold-reports-3km-gold-mineralisation-strike-at-red-setter-93CH-4369317

@Cando, you made me laugh this time. I think you are right about the blue follow by RNS, but I think they only send the RNS when the sp raises significantly, the difference from yesterday close price is very small.

I think it would work if it was very dark blue, not light blue 😁

@LOTM, I’ve not received anything, no answers. No idea if they received the email and ignore it (likely IMO) or if they haven’t read it yet…

I really hope RP is voted out

Aiminvesting, I got no answers yet either, sent an email yesterday at around midday

Thanks Basher, I think it is a good idea and I’m doing it too right now

DL is arriving Oz today if not there already, so end of the week sounds reasonable to me for a proper update

Manx, I am sorry I don’t buy the option the confidentiality as the excuse for the lack of transparency towards the shareholders.

There is no shame on RP or DL to ramp the sp with pictures, X comments, etc when they want to.

There wouldn’t be any breach of confidentiality in just doing a presentation of the current situation and the plan for the future of the company and just say that with all the factors a JV is the best option and talks with candidates will be done in due course

Sorry, I meant not a good history, considering the outcome for the shareholders

No blue, you are missing the point, the reason RP should be out is not only because of the RNS, it is about the “whole picture”. The reason is that we just don’t trust him, he has a history and good, and the recent movements he wants to apply, just show he will do it again.

I think the question you need to ask yourself is more if you trust him to seek the best for the company, including the shareholders, rather than seeking the best for himself

@Laverda or if anyone else knows it, is there any JORC for the gold field?

I have 12 more years in my SIPP until I will be taking from there, so happy to wait but I wonder if anything has been published or at least suggested

On another note, my sincere Thank you to Bfd, I saw how they tried very hard to start arguments with you and you ignore them, much appreciated

I personally think that holding results until the egm is very risky for RP. Many investors ( including me) are not particularly happy about the lack of updates, and I’m not talking only about assay results but also the next steps, drilling plans, etc so I will be voting No

I don’t think assay results only, would change my mind, but if they want a strong support from voting they should aim for a positive environment with good news IMO.

The linns, I know all the theory behind reverse splits and reasons why they are done. I would even give it the benefit of the doubt in WSBN, but if it was a reasonable ratio, to me going from -2.59 billion shares (avdfn) to just 259 million is only to dilute further afterwards, and massive dilutions IMO. As an example and since a lot of people like comparing it with GGP, they have around 670 million after the last consolidation, which was 20 to 1 by the way.

I agree Potatohead, there are days when the whole chat is messages backwards and forwards between Bfd and the other 3, without anything interesting to read and if there is anything useful I just miss it because I can be asked to read those chains…

Bfd, please, please use filters and don’t engage, for your own benefit and the rest of us.