Member Info for SorB

Hmmmm, watch for the gold news now. No doubt riverfort have been given a heads up and is why they were keen on loaning us 500k in this chaos of a market.

https://www.brrmedia.co.uk/broadcasts/5e8ee7f731da814c9fc6911c/kodal-minerals-update

At least in these uncertain times this brings stability, also fair play to BA for cutting outgoings. The worst thing for KOD would be for a board shakeup, from here hoping it’s onwards and upwards.

Would like BA to explain why SC didn’t come up with funds.

Bib, I just clarified that in my post.

Sorry, my post should read dilution but not negative to the opening share price of 0.035.

Yes and at no dilution, so god knows why the SP has tanked.

I know SC never stepped up but I must be missing something if peeps are selling at these prices.

Kod normally only tweet good news, so no idea what I’m missing here:

Today $KOD entered a financing facility comprising a subscription for new ordinary shares & linked equity sharing agreement with @RiverfortC & YA II PN Ltd.

All information submitted for Financial & Ministerial review of our Mining Licence Application

Not sure if that’s a good or bad thing at the moment Daz, at least it puts to bed they’re NOT are knights in shining armour.

for the investors that have just gone in at 0.035 the same price we were currently at, what have they been told that made them invest if we see no news until September? I’m reading the RNS Somethings not adding up.

for the investors that have just gone in at 0.035 the same price we were currently at, what have they been told that made them invest if we see no news until September? I’m reading the RNS Somethings not adding up.

Agree.

Floor for the share issue seems to be 0.035, mining license on hold but we’re still in there fighting.

Any LTH and SC have been diluted to death, I still see upside when the world starts turning again, just not as much as I’d hoped for.

Good luck all

It’s going to be very interesting to see how this plays out from here, if MLLs lithium tenement is up for sale which looks increasingly likely now, I doubt Shandong aka SC will not take a punt. I wouldn’t be surprised if this wasn’t mentioned when they signed the MOU about sharing resources.

Let’s hope both KOD and MLL share holders don’t get f@cked over on this.

CRK22, to be honest to don’t see it as a negative for KOD.

We’re at where we are, we need the mining license to be approved and then go from there. Nothing’s changed apart from the SP taking a plunge.

Fingers crossed whatever outcome works out for both companies.

Some interesting developments over at our neighbours, to be honest I’m not sure what to make of it as I don’t know enough about them. You can read what shareholders of MLL think here. https://hotcopper.com.au/asx/mll/discussion/

A lot are saying they can see a merger between KOD and MLL, I’m not sure but I do know the mcaps of both are low enough for someone to take advantage off.

I do hope for both MLL holders and KOD holders to not lose a lot of their investments but we’re in troubled times.

Stay safe and good luck all.

Chinese government have opened up the EV stimulus plan for 2 more years, this is probably why you have seen a lift in Aussie lithium shares last night.

Probably won’t give us a lift but I thought it was worth mentioning with all the crap news about.

Stay safe all

BIB, you took my post out of context. The nothings changed part was simply that. KOD have no other news to provide apart from mining permit approval that would have been the case even if we didn’t have this ****ty virus.

In regards to fortune favours the brave I was talking about all shares which have had a mauling not just KOD.

Good luck and stay safe all.

I agree, nothings changed and we still await mining permit approval.

The amount of QE by governments will have a massive effect after the virus is under control.

Fortune favours the brave and to those that I buying any shares at the moment at these discount levels good luck to you.

The market is punishing everything apart from grocery stores, in regards to KOD nothing has changed as we would be waiting for the mining permit approval anyway.

The only problem I see is that every lithium junior is a bargain right now.

Stay safe all

Rns out - Price Monitoring.

It’s like death by a thousand cuts but nothing has actually happened.

Interim results on the 6th December stated cash was needed and the SP tanked. BA then mentions cash would be needed in some random Interview and the SP tanks again.

I’m just puzzled as to why we haven’t seen any cash raise since December and you guys could be onto something in regards to these gold plays as they’re being mentioned more and more.

It would certainly catch a lot of peeps off guard.

Good luck all