Member Info for roger65

Ok big so if this is such a great position and getting that RNS was so positive…why did the share price drop?

KOD STILL don’t have that license transferred. Do you trust MG to honour the agreement and play fair?

Inclined to agree with 100notout.

MG have a backhanded agreement with Hainan gov without this license unless KOD accept a lowball offer? MG want to work with Hainan. Hainan want and need that 65%. Suggesting both parties will play fairly and nicely with KOD and be generous is perhaps a little naive? Dunno. Just can’t see KOD walking away with another ton of cash myself. I’m fretting that KOD will be offered a low figure and warned accept or we’ll ban you from operating in Mali further or something drastic like that and poor Bernie will only tell us that ‘we have no choice but to accept. Business in Africa especially in this sector is not renowned for being fair and honourable and Bernie and crew are minnows. MG cannot be trusted as has already been proved by nearly quadrupling their stake in this project for less than $5m. Was that a fair play? This will all have been worked out ages ago btwn Hainan and MG and that’s why we’re hearing about it before the other major players are getting their deals sorted. Maybe I’m just being Uber cynical and it will all work out well but I really have my doubts now, esp as the license has still not been transferred but effectively put into a holding pattern during which time MG can do whatever they like

Oh I think you can manhole. Don’t think anything will happen for months now or until production is imminent ie now pushed back to Q1 2025 so could be as late as March.

Mali Govt have basically made this unviable for KOD. Hainan will be able to force a buy out low offer because KOD won’t be able to afford their % of costs going forward. If an offer for anything btwn 1p and 1.25p does land then Bernard should TTMAR.

'banile'? Wtf does that mean? Or do you mean banal? In which case please learnt to spell basic words before posting your wisdom on here

Think people are entitled to let off steam here and vent at unscrupulous individuals who are clearly borderline criminal imv

35% for the M govt has knocked the stuffing out of the KOd share price imo. A buyout at 1p - I really don’t think Hainan will offer more as they will only end up with 65% of profits but 100% of the costs - but hope I’m wrong - and Bernard should take it and move on. Fine to say this will be fine in another few years but who’s to say the M govt won’t find another way of dipping their fingers in the pie. As for 2p? Imo that’s pie in the sky and Hainan will not pay a 90% premium. No way.

Share holders here deserve some news that will give a shot in the arm to the share price. We get positive comms from Bernard again and again, all going well, now the MoU for license transfer (still didn’t give a date when it’s going to happen though so the dice are still with the M govt) and…the sp keeps dropping. I hate to think what would happen to it if there’s a fantastic resource upgrade and some good news on gold. Probably halve in a day knowing the way this reacts to news.

Talk of an offer for double current value. I’d be a bit hacked off with anything less than 1.2p but KOD are in the playground with the big kids now and so will be slightly pushed around a bit is my guess. An offer of .8p I’d be disappointed with though.

Resource upgrade now and see a 30/40% increase and then an offer for double of that is what I’m hoping for. Reasonable? Or pie in the sky?

This isn’t being traded by iis for a small % profit. It’s just being sold. They always know before pis. I’m now thinking any formal offer is unlikely by Nov 25th or else they’d all be piling in to some degree, no?

For much of the last 6 months the sp hovered around 260. So anything around 500 is almost a premium of 100%. I’d be very happy with that.

Well the market clearly doesn’t agree with either of those guesses. Hopefully I’ll be pleasantly surprised by you guys being proved right. And soon!

35%! Nearly trebled their take just because…they can.

Oh well. Doesn’t say when the license transfer will happen other than completing prior to end of March 2025. Looks like production will start around then too as that has had some delays as Bernie stressed several times in recent interviews.

It’s derisked now and will definitely all go ahead. Just KOD’s potential profit slashed hugely.but…it’s on.

Ah ok. Tks

Either way the market doesn’t appear to have much faith in this ‘possible offer’ being much above the current share price. I know a previous offer of 400p was turned down but try was ages ago and although the company looks to be in better shape now, markets have changed in general and stock market valuations have mostly dropped. I’m just not understanding why if any offer was going to be decent that the sp wdnt be higher. Surely it’s not worth anyone’s time even putting out an RNS if the offer was going to be low ish and likely to be turned down.

Clearly the offer is not a dead cert. Why else wd existing stake holders (iis no less) be selling for a quick 10% profit.

Personally think £7 is way too high. If an offer around £5 lands then great. Out for nearly 100% profit from 250p. Would be hard to resist.

What Tiger?? You said RR wouldn’t touch the Business Relief! I admit I was wrong but so were you. She cut the BR by 50%!! Jeez

'By the look of the talent gathered , she,s in good company.'

By the look of the talent gathered, she;'s out of her depth! Tz Govt have got her and HE1 just where they want them.

Get the sodding license transferred. It's becoming increasingly suspicious as to why this still hasn't been done.

Funny how some of them manage to sell at the absolute highs of yesterday too. Typical f..ing mms doing favours for mates

What’s with all these RNSs? Are iis selling out? Seem to be more sells than buys and at lofty prices too. I’m starting to smell a rat here …

Why on earth we you do that Emc? If it gets that high then it’s going much higher on good news from nHSS

Dah mm skullduggery! Raising the price artificially to allow mates out at a premium. Should have known. Still think an offer cd land though and be really decent .

Yep you bet. All either otc or we’re going to see £100k x a few in later reported trades. Possibly £ms in fact!