Member Info for SorB

Bernard Aylward, CEO of Kodal Minerals, remarked: "The various metallurgical test works carried out over the Project area have highlighted the importance of the coarse grained Ngoualana mineralisation. The identification of this ore type has influenced how we will plan for the development of the Bougouni Lithium Project as now we are aware that we can commence with a low upfront capital cost solution of initial DMS testing, with the deferred addition of a flotation processing circuit to improve recoveries when required.

We are continuing to advance our Bougouni Project with this metallurgical test work programme being undertaken in conjunction with both the engineering studies to optimise the potential open pit mining operations, as well as the planning of the transport and logistical support for the Project. I look forward to updating shareholders with further developments as we continue to make progress towards completing a Feasibility Study at Bougouni."

Not that I like the podcasts BA does but I’m interested in the one that should turn up later.

What makes me laugh is we’re all screaming for news and when we get it we’re all scratching our heads as we can’t tell if it’s good or bad.

Next up is assays and ESIA submission, I’m thinking this could drop before the weekend.

Some good news for the lithium sector, just goes to show you money is still available. https://www.afr.com/street-talk/ocp-asia-turnbull-s-keshik-swoop-on-lithium-play-alita-resources-20190819-p52ifo

Fastjet, do whatever will give you piece of mind.

Forgot to mention assays on the recent drilling, we might even see something decent from the new tenements.

Fastjet, hold fire mate. Ba has to come out of hiding due to the upcoming AGM and due to his nature I don’t think he’ll want an aggressive crowd berating him.

We currently have the following news to come:

Final results
Metallurgy results
ESIA submission
Scoping study
Possible news on finance

To be honest news flow has been **** poor, if I had my time again I wouldn’t touch anything he has had his hands on.

Good luck in whatever you choose to do.

Don’t read this if your feeling down as it’s Not good reading https://www.afr.com/companies/mining/lithium-bust-puts-bald-hill-mine-on-the-edge-20190814-p52gy3

But Nothing we can do, the sector is in turmoil but with the lack of near term expansion and the rollout of EVs by the big manufacturers next year it sentiment could rapidly change.

If you believe the finance will come via a prepaid off-take agreement then yes, as you would need a carb price to reference. If you think SC will loan us the money then obviously lithium prices won’t matter.

No one knows what or if SC will step in, I was in the camp off pre-paid offtakes but I’ve been wrong in virtually everything I’ve predicted here so don’t listen to me.

Where I’m going with this is our project isn’t a bad one that won’t get mined, we’re just in a terrible period where offtake deals and finance arrangements will be at our detriment. We’re all screaming for news but it could be at our cost in the long run.

That said I still think BA is doing a **** poor job with communication.

Not many peeps are going to like this but I believe news flow is being dragged out not only here but in most explorers due to the spod price decline. We could see it reach $550 a ton and the metrics with these figures will be disastrous.

Look at our neighbours, they don’t seem to be in any rush at the moment either.

Thanks Daz, I didn’t have a clue what I was looking at. Presumed it was the ESIA.

Seems to be two Daz APL-I-2592 & APL-I-2591.

https://mali.revenuedev.org

Someone help me out here, I’ve just logged onto the Mali ministry of mines and it states we have two updates on applications. What I can’t work out is if it is for the ESIA. I think thy have been logged with a 14 day window which expires tomorrow.

I could be reading this wrong but wouldn’t mind someone else looking at it to confirm.

Hi Ned, yes I can buy now but this morning on opening I couldn’t get a quote to buy but I could sell £10000 worth @ 0.06. Those drops are a **** take in my opinion.

Can’t buy a thing but can sell a load, f@cking joke.

The share price might be on its arse and I’m down some eye watering amounts but for the first time in a long time I’m feeling quite bullish. I’m reading so many articles and what with some lithium companies latest reports it all looks very promising. News before the AGM will give us a shot in the arm which I think is guaranteed. I think we will also get a mini boost when I’ll neighbours mining permit gets approved.

Come 2020 those oversupply rumours will evaporate and deals and funding will happen, you will have governments printing money via QE and that money will have to find a home somewhere.

Have a good weekend all.

Looking at my Hargreaves lansdown account it feels worse than that.

EVs to be on the same price parity as ICE vehicles https://electrek.co/2019/08/08/vw-electric-car-parity-soon-tipping-point-ev-adoption/

And the big lithium producers are forecasting an upturn in the market.

All we need now is BA to meet a f@cking milestone.

I’m still hopeful but the share price is concerning.

Pure electric car sales rocket almost 160%, says SMMT

https://mol.im/a/7321937