Member Info for SorB

As I said this is way oversold. Fuel duty looks like it’s likely to rise and this will mean EVs becoming even more popular here. Tick tock.

To be honest anything around this level is a steal, who ever is selling is either breaking even or taking a bit hit. You’ve sen how quick this can move and it could even move from news from our neighbours which can’t be far away now. Good luck in whatever you chose to do.

Slider, already placed @ .13. We currently have £3 million in the bank, probably enough to get us through the 2019 drill campaign.

I’ve just seen it’s already been posted, well worth a look if you haven’t seen it.

Https://youtu.be/jvNxg0j0IM4 Got to say I enjoyed watching that, this is a no brainier IMO.

This is way oversold, an 11 million mcap with 3 million cash in the bank, and projected earnings of £50 million a year. Let’s hope it goes back up as quick as it’s gone down. Hopefully BA might release an RNS to help the SP, he certainly knows how to issue an RNS to stop a rise.

Your correct, I’ve just read over the Jorc again. Sorry if I’ve misled anyone, was reading and typing on the train.

What strikes me James is most maiden jorcs I’ve seen are issued without any constraints, we seem to have cut two thirds of NGOUALANA off because of optimised open pit limits. Which I think PIs including myself didn’t understand until seeing the presentation. It now makes sense as to what the SP angel guy was saying on the VOX podcast. He reckoned with the drill results he had in front of him we should have seen a bigger JORC and a grade of around 1.3%. We have massive upside here, But we seem to be playing it down. Nevertheless 50m free cash flow per year is not to be sniffed at. I have so many questions, maybe seeing who BGS will offtake with will give me some answers.

Christ, no wonder the jorc was less than expected. Half of NGOUALANA was cut off at depth, I would have loved to have asked why?

https://kodalminerals.com/wp-content/uploads/2018/09/Kodal-Presentation-for-AGM-06.09.18.pdf

Any news from the gents that went to the AGM?

This has been savage, I just hope we have a blockbuster of an release to come. Other than that it’s a waiting game that will come good in time.

Stonedchic, I haven’t kept up with what’s been discussed in the board today so apologies if this has been mentioned. If you listened to the vox podcast the SP angel representative stated that cube consultants who commissioned the JORC chopped a lot off of JORC. I have no idea why but that’s what he stated.

Just got in from work and have now watched the proactive investor interview with BA. I’ve got to say that’s one of the best interviews I’ve seen BA do. Anyone listening to that interview and selling today at a loss is bonkers.

GFD, can you ask BA how much additional tonnage we would need to get to a 2mpta plant, and does he think we can meet that tonnage within our tenement. Also, his views on possibly sharing a plant with BGS. Cheers if you can.

Ha ha, didn’t read the subject line before sending. Apologies.

Blimey, all this selling without even hearing the man speak tonight or tomorrow. Hope they all get shafted and the big man throws up some very good news.

Guys, this is a great JORC. Remember this is inferred estimate. Look at the comparison with BGS on there presentation and you will see.

I would be buying the nuts out of this, promised JORC any day now and with a conference tomorrow and an AGM on Thursday. I’m puzzled as to why it’s so subdued.

New Calc as based on the BGS PFS the cost of producing is $281 a tonne. price of spod $940 - total cost $281) * 800,000t based on a 4MTPA output = $527,200,000 USD EARNINGS PER YEAR. I’ll leave this here.