Member Info for Paul2566

Well I just bought another 2,993,618 of these at 0.003525 p, I figure that anything below .004p is a reasonable risk.

My thoughts are just let them do their jobs. RNS when something of note is worth publishing.

I can't be arsed to read every time a pencil is bought or sold.

Either trust the team to keep investors informed when its required or don't trust them, in which case close your position and move on.

If everything is going well (which I believe it is ) I don't care if the SP drops, in fact if it drops far enough for no reason, then I will just buy more.

At the moment I'm a bit heavy on KOD, but if it gets much cheaper I'll risk another chunk.

The only time the SP matters to me is when I'm ready to sell, if I'm buying the lower the better.

Means little look at the value of the trades, it's all pocket change, nothing of note.

I don't really know why anyone bothers with small buys/sells it isn't worth the time and will have no effect on anything.

I have a NAV of £0.8853 which is probably a few weeks out of date now, so ballpark of 88p is probably not far off.

As for the issue of new shares I cannot comment.

My understanding is that the 65000t stockpile is ore, not saleable product. Unless someone is willing to correct my error.

The trend is generally upwards, I'd prefer to see a nice slow consistent steady rise, but no stock does that over any reasonable timeframe, and a junior mining company on AIM is going to jump about a lot more than most.

I would be more impressed if it could find a steady bid price of .5p to .55p, and rise from there on some reasonable measurable increase in Market Cap.

At the moment its jumping up where there is no real reason, and consequently falling back fairly quickly. That may provide an opportunity for traders, but it does little to assist investors.

I'm as optimistic as the next investor, but no need to talk b#ll#ck$.

It's not listed on their website.

I get it, everything is dreadful, the world is against us, it's a conspiracy, the company is run by imbeciles, the Chinese are stupid short sighted fools to have become involved with this project (to be fair they are famous for their lack of business acumen, ask anyone), and we are all doomed, doomed I say.

It will never make any money, just name any income generated in the last 12 months, they can't even get a mine up and running.

However back in the land of sane, things are looking slightly better.

Hi, does anyone have a recent NAV for CLIG, I'm struggling to find one online.

Thanks in advance.

ATB

007brad

That would be a hefty lift in the mcap as part owner of one operational mine even given the other unrealised assets.

KOD will do very well but not sure your timescale is realistic.

I can get .4585p at the moment on a live trade, here is hoping it holds at/above these levels.

Painless

Any short position large enough to move the SP will be large enough to hit the disclosure regulations, and there are none listed.

I can only guess that some posters do not fully understand how shorting works or the size of the risk involved when shorting a stock.

In very basic terms when one buys a stock the downside is limited to the size of the investment, when shorting the downside is in theory unlimited.

100notout

Your statement is factually correct regarding the 'shorting breach' however some context may indicate it is a rare event.

The breach was between Feb 2017 and July 2019, and this was the first ever enforcement action taken by the FCA in the UK for this breach of regulations.

I do not believe that one event over 6 years ago would indicate any reasonable assumption that significant short positions are held in a small company like Kodal, I doubt very much that many institutional investors are even interested in Kodal at the moment, and of the few that are I cannot see them breaching regulations

100notout

I can't find any short positions listed, there are no current short positions above 0.5% in KODAL MINERALS PLC.

Of course there may be some small shorts by small private players, but I very much doubt it, amature shorters tend not to last long.

The last time the SP went over £3 was January 2022, I'm not convinced we will see that this year, not because LGEN won't be worth it, but because I'm less convinced of the government and the UK economy outlook.

Interest rates falling helps a little, but a thriving economy would give me a greater conviction that this will see £3 in 2026.

Of course I hope I'm wrong, and I often am.

Gulfharbour

Yes I would prefer less debt, and had the base rate continued to clime it may have become an issue, however there does not seem to be any trouble with servicing debt. If you look at the recent history of share buybacks, it's not the behaviour of a company with cash issues.

I've held the stock since 2019, and have 24997 of these shares at an average of £1.2622, which means I'm showing a paper loss of £6,853.20 in simple terms, however taking into account dividends and the occasional 'bed & ISA' trades over the years I'm actually only just underwater to the tune of £229.

The unaudited NAV is around £1.407 which has the current SP at a discount around 29.99%, and thankfully above my average. Over time I expect the SP to move closer to parity with NAV.

UKW is hardly my best pick, and so far hasn't performed as I had hoped, but it pays a decent quarterly dividend for me of about £647 while I wait.

If UKW was my only holding I would be far less comfortable, and if I could only hold a handful of stocks I think it would be;

LGEN

PHP

THRL

AAIF

HSBA

Nunchukas

Again not advice, and I hold the stocks I am about to mention, so may have a bias towards them.

As a dividend portfolio with perhaps a little growth here and there you might want to look at the following list, most of which pay out quarterly which smooths income over the year.

AAIF - broad exposure to Asian markets

BBOX - a play on AI via data centres, plus some diversification across other rentals.

BIPS

HFEL - broad exposure to Asian markets

HSBA - exposure to Asian markets via banking products.

LGEN

MNG

PHP - Solid customer base mostly NHS and reasonably low risk.

SUPR

THRL - Care homes with good occupancy rates in an area that I expect to see increasing demand.

UKW - A good renewables play at current prices, but expect a little short term pain. Unaudited NAV sits about £1.407 showing a considerable discount at the current SP with a dividend around 10% while you wait for a recovery in the SP. I would expect to see the SP close on the NAV as the base rates fall.

I hold other stocks also, but wouldn't suggest they are worth considering for an income portfolio.

Nunchukas

This is most certainly not advice, just my take on you question.

I hold 25573 shares of LGEN with an average price of £2.3540 including costs. I have had a position in LGEN since November 2020 when my first buy averaged £2.0370. I cannot envisage my portfolio not having this stock included. I still buy occasionally, however I tend to reinvest the dividends elsewhere as its the 3rd largest single holding in my portfolio. The dividend on my investment sits at 9.09%, but if I bought today it would equate to around 8.21%. If you can buy this on any dips below £2.59 I think you will do well over the medium to long term (5 to 10 years+).

I hold 29425 shares of MNG with an average price of £2.0207 including costs. I have had a position in MNG since December 2021 when my first buy averaged £1.9320. I will continue to hold, and it has rewarded me well, however at current prices I tend to reinvest the dividend elsewhere as it is the 2nd largest single holding in my portfolio. I hold this purely for the dividend, however I am sitting on a 'paper' capital gain of just under £25k. The dividend on my investment sits at 9.75%, but if I bought today it would equate to around 6.87%.

If you intend to hold for medium to long term I think you will do well, but I don't think you should expect the returns I have achieved over the last 5 years or so to be repeated in the next 5 years.

I hold 29425 shares of MNG with an average price of £2.0207 including costs.

I don't hold PHNX, although I thought about it a few months ago and am kicking myself for not buying at the time. I feel I missed the boat and probably won't buy now.

I don't hold TW.

I hold 36283 shares of NESF with an average price of £0.6666 including costs. I have had a position in NESF since June 2025 when my first buy averaged £0.6593. I'm sitting on a paper loss of £6,173.19, so I'm hardly happy. However the NAV (unaudited) sits at £0.9170 so hopefully that allows a margin to regain my losses. I have had 1 dividend of £761.94, which I reinvested elsewhere. If the dividend isn't cut and the SP does not change I should reach break even with the dividends in about 18 months. Given the NAV I wouldn't say absolutely do not buy, but I think there is a reasonable chance the dividend may be reduced, but even if halved it would still be 6%+. If you can buy below £0.50 it may be a good investment, but bear in mind I thought it was a good investment when I bought in, now I not quite so sure. I think if the base rate continues to fall over the next 2 years this my do very well but in the short term I think there may well be a bit more pain to come.

I hold 23764 shares of SUPR with an average price of £0.8051 including costs. I have had a position in SUPR since October 2025 when my first buy averaged £0.8026. This is a very recent purchase and I think it will be a steady Eddy for dividends, but don't expect much growth.

ATB

There will be no dividend for a few years yet, I would go as far as to state it definitely will not happen in the medium term.

This company is at the very start of its growth and will be needing all of its income to invest in new and existing projects.

At the moment KOD is a 'one trick pony', this is not ideal and increases the risk profile of the company. One mine, one product, one geographical location.

I suspect any disposable funds will be spent on developing the existing asset, then at some point the gold assets.

Further down the line maybe looking for other assets to develop.

Shareholder value for the next few years will come from an increased Mcap.