Member Info for Rickyl1973

Lav same colour as the board today lol

I must say Lav you do a good job promoting KOD, anyone putting it down you are right on it.

Lav
It could of been they chucked this video out to keep people interested as there will be no news for awhile and then removed it.
Hopefully not and we hear news real soon as for me I’m getting rather annoyed with this whole situation now. Something is going on and they don’t want to say, I just hope it’s not bad news.

I must admit its worrying the way this is going, looks like its going to be a bumpy ride so lets hope we hear some good news real soon.

I said it last year and I’ll say it again, this is going like Bellzone did.

I have a bad feeling about this.
Been stung a few times now with other AIM companies.
Give me some faith please

Work has centred primarily on the Fatou Gold project in Mali, and the Nielle Gold project in Cote d’Ivoire – both discoveries which the company believe have significant resource potential. Earlier stage but no less exciting is the Dabakala Gold project in Cote d’Ivoire, where geochemical sampling has confirmed the continuity of high-grade gold anomalism extending for over 11km and surface width of up to 3km.

Aylward, who cut his teeth in the West African gold exploration industry, said that he is “confident that our gold portfolio has the potential to yield new large gold deposits, and I look forward to reporting on what the next field season delivers.”

With near-term lithium production on offer at Bougouni, and multiple high-value gold exploration assets to meet long-term lithium demand, Aylward is enthusiastic about 2023, saying “the stars are aligning for Kodal and I whole-heartedly believe that 2023 will prove to be transformational for our business.”

In March 2017, Kodal agreed an off-take term sheet which contemplated that the parties would negotiate an extended off-take agreement for between 80% and 100% of the spodumene product produced at Bougouni for a period of three years. Whilst a formal agreement has not been entered into, Suay Chin retains the first right of refusal for a period of three years from first production of product from Bougouni, whereby Kodal may not enter into any agreement with a third party to sell more than 20% of future production from the project without having first offered to sell the production to Suay Chin on the terms offered by the third party. Kodal’s management team continue to work closely with their partners at Suay Chin with a view to establishing and executing the optimal route to lithium production at Bougouni.

Cheers Daz

With the percentage Suay have got 80/100% will that effect the price when Kodal gets to production?
Cheers Daz

Daz, can I ask a bit of feed back on this please? Singapore-based lithium supplier Suay Chin International (Suay Chin) owns 14.56% of the total issued share capital of Kodal Minerals. The company signed an off-take term sheet with Kodak Minerals in March 2017.

Suay Chin will have the rights over 80% to 100% spodumene production for three years from the start of commercial production from the project, subject to a formal agreement. The company is also providing technical assistance for the development of the project.
In 3years time

Hopefully it will be an interesting couple of days before the weekend

Going by the licence maybe next year :-(

Once upon of time I bought £4000 into Val at 4p a share then it went down and I had £250 so I thought I’d cut my losses and sold then typically four weeks later it went up to 40p a share. I have not got a clue about the moral of this story, I’m just feeling down about KOD. I hope history doesn’t repeat its self.

Lav I think we all need some clarification about Suay Chin and why wasn’t it high lighted properly. That’s a big deal as for me I’d probably wouldn’t of invested. Let’s hope Bernie has it all in hand as a lot of investors depend on it.

Lav if you look at the bottom of this RNS it tells you

Looks like a lot of traders has had enough, it’s crazy how many shares have been sold over the last couple weeks

Singapore-based lithium supplier Suay Chin International (Suay Chin) owns 14.56% of the total issued share capital of Kodal Minerals. The company signed an off-take term sheet with Kodak Minerals in March 2017.

Suay Chin will have the rights over 80% to 100% spodumene production for three years from the start of commercial production from the project, subject to a formal agreement. The company is also providing technical assistance for the development of the project.
In 3years time

Ok cheers
I couldn’t see the price at 20:26

Is that definitely a buy??