Member Info for onlyking

I am 7 million

Average 0.24 on 5 million

2 million average 0.50

All I want now is a license transfer then a full take over for 1.25 - 1.5p a share

Kodal will mine DMS under 2019 with added sweeteners then 2023 for flotation

The plant must be looking like a DMS plant now!!

Rio Tinto believe that?

6 billion says they do not

I can't believe we are jna position where we are even questioning

A penny now upon production

Accionista what's your thoughts on the license transfer and share price once commissioning begins?

So all those sells are now turning into the same buys at a lower price

Why is Kodal posting about Lithium companies being bought out...

Happy for a buyout now

Even at a penny

Oh, I thought it was a better view

It even feels like the company doing the social media has got lazy and given up at the moment!

Https://x.com/KodalMinerals/status/1841772565125103808?t=DSQ_lkPac9CD50t9DX76Ow&s=19

Nice drone footage and a big stock pole of Lithium!!!

Must be worth a 0.80 once commissioning happens and license is transferred even in a 2023 code?

A bit worrying all the bigger sells at sub 0.50...

Hi George

Yes a penny has always been my target to take it initial investment and then leave the profit to see what happens.

I suddenly feel like anywhere near a penny might be too ambitious near commissioning?

Local processing: The 2023 code requires mining companies to process and refine mining products in state-owned facilities in Mali. The 2019 code allowed mining companies to process and refine products in accredited units in Mali, or outside the country if necessary.

Does this mean the plant has to be state owned?

The 2023 mining code in Mali differs from the 2019 code in several ways, including:

State involvement: The 2023 code increases the state's role in the mining sector, while the 2019 code did not:

The 2023 code allows the state to take a 10% stake in mining projects, with the option to buy an additional 20% within two years of production.

The 2023 code also allows for a 5% stake to be given to local investors.

Local processing: The 2023 code requires mining companies to process and refine mining products in state-owned facilities in Mali. The 2019 code allowed mining companies to process and refine products in accredited units in Mali, or outside the country if necessary.

Tax exemptions: The 2023 code abolishes certain tax exemptions.

The 2023 code is expected to increase the mining sector's contribution to Mali's economy, and generate an additional $803 million annually for the state. However, some lawyers have warned that the new code could deter new investors.

Kod and chips is a lot more expensive than rice lol

Fingers crossed it happens and we do not get issues like Leo!!!