Member Info for PJT12

"The new target price is 32p, down from 36p previously. Shanta currently trades at 9.125p, down 2.375p today."

Of course their Nomad would say that! These announcements always make me laugh in that they always bear no relationship whatsoever to where the SP is actually at, so what is the point?!

Can't help but wonder if this was a "contrived" dip with the West Kenya resource update in early 2022 in mind. Some fairly hefty buys went through. Too cynical?

Clintek, why? It's been on a downward trend for a fair while.

I don't think we can blame the Chinese for the stupidity or greed of others. Search "Entebbe International Airport" if you want to see that at it's finest, an ongoing story.
The following makes for interesting reading, from the KOD website. I also note how the Non Executive Chairman is a partner at the company's Financial Adviser and Broker. Not sure if that's an advantage or just a little too cosy.

https://kodalminerals.com/the-company/suay-chin/

Okay, research over. Thank you to all who replied to my questions.

Final point from me: Anyone buying in here faces the possibility of having to sit on the shares for a while. Jihadists who are operating between central Mali and the north (the latter is where they have a much stronger presence) appear to have upped their game (See reports yesterday of attack on bus with 31 killed), having done so after Macron pulled half the French 5,200 peacekeepers out of the country. A positive for KOD is that our mining interests (& HUM's) are in the south of the country and behind the capital. Potential other good news is that this latest attack could force the Malian government (incumbents resulting from a coup) to take action against the Jihadists, whether that be via a Russian military mercenary force or elsewhere. It bothers me not as an investor as anyone getting a grip on affairs is a good thing, imo. Further reading from the BBC:

https://www.bbc.com/news/world-africa-59528860
https://www.bbc.com/news/world-africa-58751423

This is an interesting lesson to bear in mind, allowing for the price changes today. From IainTittle on another board:

What is interesting is the situation that happened in Australia with Altura. It is rumoured that they had production contracts with the Chinese for Spod conc at $750 a ton. It is reckoned that the cost is around $400 but the incentive price more like $600 (that is to say the price needed for a mine to consider expansion). When there was a suspected glut in the market the Chinese are alleged to have offered $200 and cancelled orders and Altura went bust. Pilbara have now bought Altura and re-opened the mine and in the auction for spod conc last month achieved a price of $2,400 a ton. (Rodney Hooper estimated that for a converter to make a 15% profit the sale price for the finished chemical would need to be $30,000+)…… my point being that Altura’s experience has taught all suppliers, especially those developing new projects to contract with a floor in place and with the current demand/supply issues looking as though they will be ongoing for years to come it would be foolhardy to sign a 3 year supply agreement without protection.

Laverda, I've been trying to find where he says "a small amount of drilling"? Please can you point me to it?

Cheers, Laverda.

Last time I saw something like this it ended in a fund raising exercise. Make sense?

Ziquarat, you're one of those analyst blokes, ain't ya! ;-)

In fairness, as a Tory but not a shareholder, this government's behaviour has been unforgivable on several Covid contract fronts. They have not done themselves any favours whatsoever on the integrity front.

I am not being awkward or trying to cause problems but the thing that prevents me from buying into what I've always believed to be a decent company is the over-reliance upon too few clients. How would LTHs respond, the usual insults aside?

If it makes you feel any better then my pf is also a sea of red at the mo and I feel a bit like the total opposite of King Midas with everything I touch turning to....... Just have to ride with it, I guess, and ignore the lack of logic on some fronts.

Agree - but HUM say it is likely to be a short term problem.

200m mcap, rather than 2000!

It sounds as though this is already built into the price but it is clearly a company that is going places with education in India so highly valued especially.

I'm just looking at the SOS Twitter account and can't help but wonder why this great company is not making much better use of social media. I realise it was being used as a customers' megaphone previously but that side of the house has presumably been largely sorted because I know M&S would not tolerate it. Use Twitter, Instagram and the like for advertising but drop the feedback option until you have the resources to deal with customer "queries". Anybody visiting it for the first time would think the company has gone bust when looking at the dates of the latest posts. Yes, the website is growing but c'mon guys...............

Twohits, your posting history reveals you for what you are AND your pathetic agenda.

Clia labs news is due too.

-- Cardio inCode(R) de-novo submission for US regulatory approval with the FDA - The Company continues to have constructive and ongoing discussions with the FDA and is finalising its de-novo application. The de-novo submission is expected to be filed by the end of this year.

-- Breakthrough Device Designation (FDA) for Cardio inCode(R) - Discussions continue to progress with the FDA to advance Cardio inCode(R) as a 'Breakthrough device'. Discussions have been extended partly due to FDA workload, but also resulting from a detailed assessment of GENinCode's CVD prognostic device which, in turn, has given the Company confidence to file its de-novo submission earlier than it might otherwise have planned. The Company remains well placed to complete this process over the coming months.