Member Info for Oneortwo

News,

I’ll hold to just before the reverse split hoping assay results will move the SP up and then I’m out.

I am actually sad about it because I do believe in this project but I don’t trust the BOD at all, I was suspicious before and today’s RNS just confirms it. 100 in 1 is much too excessive to me unless your master plan is further dilutions, the excuse will be to finance more drilling, finance the project, etc you can choose the wording that most people will accept, but whatever they go for I will lose money…

It is a great opportunity in the wrong hands, a great mine potential with a BOD of parasites IMHO

@Optic, I agree with what you say that .25 seems a strong support, it was several times in the past too as you pointed out. But it seems the MMs are going for it, so it wouldn’t surprise me if it goes to even .23 and then recover.

There isn’t anything new that justifies this last drop, and we are just about to send the first shipment. I don’t believe for a second the riots in the capital are important enough to affect the SP here. I think even Bernard couldn’t believe the drop hence they quickly arrange yesterday’s RNS to calm down the market.

IMO this is the last shake before rising again to the .3s near .4

To me this is just a clear shakeout to get rid of nervous investors before the earnings come at the end of the month. It looks it’s not going to be easy for the next couple of weeks, but I’m definitely holding for a few years

Again that is my personal opinion and never advise

Please take break!!!!

I guess with members of the government in the mine today, they could be an easier target than when they are more protected in an official building. Either in the mine itself or during travelling to and from the mine.

However, I am sure they will have a lot of security with them and I think after the ceremony today and once back to normal working days in the mine, the price will slowly recover and once first shipment paid we will be at where we were before, above the 0.3p and closer to the 0.4p.

That is of course merely my opinion

Thank you BashM

I didn’t know about DL and RP, now after searching I can say that I will hold what I have for now awaiting for more news, but I will not put more money into this and I will be monitoring all the movements even closer and get out immediately when things start to look a bit suspicious.

Sorry for a very long post, I didn’t realise when writing that was that long

Potatohead,

I feel for you and I will never give advise to anyone, but look around and think if you see better opportunities and then you can make your decision. One of my closest friends had a good % of his stake in Kodal, he was fed up of waiting and sold everything at a significant loss to put it in GGP, that was around Christmas and trust me he recovered the loss in Kodal and much much much more. I didn’t see it like him and I’m still here, but like Lav I don’t mind waiting 3 to 5 years and personally I am concern for what IMO is coming in 2026, as I expect a big crash in the market and I don’t think that will affect Kodal significantly, but of course I could be wrong.

Then in terms of SC influencing the SP, I know someone that was offered a job in a hedge found, his first job, and it was to full time sell off one of the companies they had in their portfolio. He had to do it in an extremely orderly manner so the market wouldn’t realise they lost the trust in that company. It took him over a year and during that time the SP of that company didn’t increase at all because every time there were good news causing a little raise, he would sell and counteract it. He did it very secretly to not decrease the SP that would cause losses to the hedge found. To me SC is in the same situation here, but they are not even a secret and even doing it in the most orderly manner they cause a negative impact in the SP. It is also in their own interest to affect the SP as little as possible, but IMO they are probably one of the biggest issues we have in the SP at the moment.

I am curious for the outcome of Bernard attending the investment meeting in December and see if he can find someone to take SC shares or most of them as I don’t think his intention will be raising more founds when we are about to start having cash flow

ezhik,

the xrf option is not that simple as it could sound. if they use a higher accuracy instrument wd-xrf, they would need gases, normally argon or helium, to run the instrument (obviously apart from electricity), and i don’t think they would have that there. if they were to use ed-xrf it is a lot less accurate and they would still need a decent mill to convert the sample into dust to be able to ****genise the aliquot. you are talking about around £100k in total for a very simple system to be able to do it and knowledge to do the analysis, i don’t see it feasible and makes more sense to wait for the lab

I was thinking exactly the same, if they were to find a buyer for the SC shares, I think it would be a game change IMO

Thank you Rob!

Rob,

Where did you see he is attending Proactive one2one?

I personally hope the last 2 trades (25M) are related to SC

Buster59, because of the shares dilution coming

Nettles, I forgot RR, which I also have in my SIPP, but I bought them later than you, at 3, but still doing pretty well.

Just to wish you very good luck with your investments, which seems it will be good for me too :)

Nettles,

Good to see you here too, I saw your posts at Kodal :)

Good to see we have similar interest!!

Laverda, I don’t disagree with you, I’ve done my research and I like the company, prove of that is that I have it with a big % of my portfolio. But I do also understand people that invested here expecting a quick return when starting production, then when export permit and now with the first shipment, and I don’t think those expectations are realistic. What I’m saying is that IMO this should be taken as a long term investment as I don’t personally expect a significant price increase in the shares until at least SC are out of the equation, after then the SP should be much more predictable. If you add by then the second phase, very little debt with no shares dilution and ultimately the gold assets, by then and just by then is when we should expect big returns from the investment. And IMO, that is not going to happen this year, nor next year

Lorcun, I completely agree, until SC sell their shares I don’t expect a significant SP increase. I wish I am wrong, but to be honest I don’t personally expect a huge increase in the SP even after we load the first shipment to China, or the second, third, etc. I expect it to increase to high 0.3s and maybe the 0.4s, then SC will increase the sells, load the market and it will probably fluctuate at those levels until they finish.

My position is for long term (years), I hope SC will finish in less than 2 years and by then Bernard will announce the development of the gold fields and that is IMO what will make the SP go north. If Kodal was also keen on a reverse split and put the SP to a level that would catch the big investors attention ( like GGP just did at the beginning of the summer), that would be the icing on the cake to push the SP further.

I think Mali situation and all the rest of it can and do influence the SP, but in much lesser degree than SC, at the moment they pretty much have most of the control of the SP, depending on how much they load the market with and we only have they word that they will do it in a responsible manner. I am sorry but I don’t trust too much their word when we are talking about serious business. I genuinely think Kodal is a good long term investment, otherwise I wouldn’t be here, but at the moment I feel like we are at SC’s mercy when it comes to the SP and the sooner they are gone the better will be for us shareholders.

I would love to be wrong and the SP reach 0.8 or 1p by the end of the year, but seeing how this goes I rather keep my expections much lower than that and think in the long term instead when the share holders will not be desperate to sell like SC now but more interested in their investment instead, including the occasional shorters (and if I get bored of it I will sell part of the investment here and move it somewhere else, at the moment I am following closely Wishbone gold).

Obviously all of this is just my opinion, just thinking out loud.

Hi Tardisgx,

If it is this boat, she left China the 8th August, so around 5.5 weeks journey

Does anyone know if a reverse split was/is or it is likely to be in the agenda for Kodal?

I think that once SC finish selling their shares and the sp moves up a little bit to what should be the real value, doing a reverse split afterwards will put the sp to a level that will catch a much wider audience attention. Like 1:100, so reduce the number of shares by 100 times