Member Info for Paul2566

Institutional Investors.
I believe that many will have internal policies that currently prevent them from opening positions in KOD.
Insurance companies, pensions, fund managers, etc., cannot accept higher risks on their accounts, once KOD risk lowers to what they deem acceptable, I think this may well change.

I hope both stocks do well, I'm not in PREM, but it's nice to see PIs do well for a change. I think the IIs are still locked out of both stocks at the moment, but that will change.

It's bumped my average up a bit.
Now .50p over 10924113 shares.
I'm reasonably confident I could extract myself if things don't go as expected, but very hopeful of a reasonable upside.

Bought 2647702 shares at .865p.

Seriously thinking about adding some more.
Getting a quote of .867p on 2641594 shares.

Regarding the unrest in Mali, I don't like it but it goes with the area. I do believe that the South of the country is a far lower risk than more Northern areas.
I take considerable assurance that a company like Hainan Mining will be well aware of any risks in Mali yet have been willing to enter into a joint venture with Kodal at a not insignificant cost.
The greater part of my investment went in after the deal was announced hence my average is probably higher than many at .39p. Until that point the risk was a bit high for me to add to my initial holding. Braver souls than I, got in earlier and stand to gain more from their risk.
Mali needs foreign investment so I think while a risk is present, for myself, all things considered, its acceptable.

My post was a bit tongue in cheek, I don't have the skills to begin to value KOD, its way outside my wheelhouse. I just have never invested in mineral exploration/junior miners, usually stick to the likes of RIO which is one of my main holdings.

I don't trade, just because I'm rubbish at it, but I'm fair to middling at investing.
More by luck than judgement I appear to have stumbled over a winner, and I do know exactly what to do when that happens.

In answer to Crumbles initial post on this thread.
I don't intend to sell, but will re-evaluate at milestones I have set myself. For reference I hold 8,261,862 shares in KOD.
I find it impossible (for me) to accurately value KOD as there are simply too many unknowns at the moment, but based entirely on wishful thinking here are my personal milestones. Any reference to SP is based on a BID price.
Month ending May 2023. SP 1p. If nothing has changed to the negative. HOLD
April 6th 2024. SP 1.3p. If nothing has changed to the negative. HOLD
April 6th 2025. SP 2p If nothing has changed to the negative. HOLD
April 6th 2026. SP 3p If nothing has changed to the negative. HOLD
April 6th 2027. SP 5p Share consolidation commenced. Dividend announced of 0.5% for 2028. HOLD

I think you get the idea. Basically unless this goes bad I intend to hold for what I hope to be a decent dividend income somewhere around 2030, at which point (yes correct) I'm going to HOLD.

All low volume buys still that would suggest this is still driven by PI's.
I suspect that KOD does not yet meet the internal criteria for II's to get involved yet, even if their traders want to. That gives us PI's an advantage for a change. I doubt that will continue indefinately.
There is plenty of liquidity at the moment indicated by a spread of around 1.2% to 1.5%, which is low for a company like Kodal.
This looks like it could be one of the best investment decisions I have made in 30 years.

Daz
With over 800,000USD in this I suspect £1.6m is less life changing to him than you or I, but I find it hard to imagine he aquired his wealth by making bad decisions.

Looks like a professional person who knows their way around finance. I doubt he would have so much skin in this game if he was not confident of a reasonable return. He holds 169,973,858 of these shares.

I think most believe its on the way, probably already baked into the SP, but I still think there will be another bump up when its official.

He is freelance personal finance journalist who writes for the Daily and Sunday Express, Reader's Digest, The National newspaper and the Motley Fool.

Harvey Jones

stevo999
No problem, not intended as a dig, although re-reading my post it could look like that. Sorry

Getting a live buy for 6.15m shares at .7089.
I'm tempted but my portfolio would be nearly 25% KOD.

There are no short position shown open.
There may be some nickle & dime PI shorts (which do not have to be notified), but that will not move the SP.

bumpingalong
Fair value and price paid are often not the same thing. To quote a sage investor 'value is what you get, price is what you pay'.
I personally don't believe 'fair value' for KOD is 0.8p at the moment. I haven't been able to value KOD as it is very difficult to value a company that is loss making. But a ballpark gestimate for me is somewhere north of 1p, and I would of course revise that after production commences and I start to see a revenue stream. The SP may well move a lot higher before I see a revenue stream, but that won't be driven by fundementals, but by sentiment which isn't unusual.

Absolutly agree.

Troajan
Thankyou for posting.
Nice simple explanation to refresh investors knowledge.