Member Info for Squeezeit

Just saw a mention of rainy season and thought would check what happens in an El Nino year which this year appears to be.

From what I can see, rainy season starts later and is more sporadic. Last El Nino there was about 15 to 20% less rain. This may not be good for farmers but night mean less downtime at the site.

Not sure if any practical advantage can be taken by the company in any event.

Thanks C21. I hope they continue to push them back and it doesnt spread south.

Here is another one. Apologies, should have put them together as one post instead of spamming the board.

https://www.reddit.com/r/Mali/s/Y6X6sAFmJH

Https://www.reddit.com/r/Mali/s/vuBuI4W5o8

See if this link works

CrudeTrader. Videos on reddit that have been posted in the last 12 hours. Search Mali subreddit.

I have tried to have a look at other news sources to verify but can't seem to find anything.

Entry to Bamako looks to have been cut off/blockaded. Can't work out if it is only the road going north/north east or the whole city.

Videos of burnt put buses, blocking the roads.

Anyone else got any updates on security situation?

Thank you. Lilpeep and bfd. Will have a look too at numbers.

One thing for certain, this board is better at the moment. Thought would be shot down or told I was 150% right and the compamy is awful

Normal discussion on the stock resumed whic can icky be good. Thanks all.

Bfd. Thanks for the post. Could you explain more why kodal is owed money? Hope you are right

Lilpeep and others. Disagree a bit. It's too easy for our partners to say costs are higher, and we need to rwtain money fit the next stage. This leaves Kodal vulnerable as income is not sent back to the company we invested in.

Want a better share price, BA should just say he smells gold somewhere, anywhere. Appreciate a very negative take but this seems to be the reality.

IThe idea that spod does push up above 2500 sees a move is offset by the move from 1000.to 2000 and really good news from.the company but 0 growth.

I know this sounds like the guy that once saw someone cook a burger at mcdonalds but feel.it is about on the money.

People want to see a share price that reflects what was a speculative stock that has done a brilliant job of taking a piece of scrub land to a working mine. We want it to reach a higher price than it was 3 or 4 years ago.

It's not just PR that's needed. We need to see a clear path for money back to KOD. That's what we own. We need AISC, and a finance plan for stage 2.

The above should come but with the arbitration and change in reference price for offtake, plus the wording of the last RNS, it puts doubt in people's minds.

I reckon we have all been burned on AIM at least once. Most recently I got done on Serinus. Share price manipulated by the company that bought them. Serinus was also a producer and not an explorer.

Rant over, back to the pool.

Which company do you own shares in? I was pullef up about KMUK and Kodal being an equal partner. They are not.

If you are on this board and posting, you own shares in Kodal.

How much will kodal. get?. That's the bottom line and can anyone answer with a %. There is the risk and share price.

Yes might be right, maybe just a coincedence on green boxes.

Quite a lot of nuance to be digested in the RNS. Hope the market reacts positively.

Been having to prove i am a human on entry to the site. No green boxes since then. Reckon people have been arguing with bots?

I thought he said early this year for MRE but can't find it either and as you say he has said this year. My mistake.

Agree going the right way but still quite a lot to clarify which should come over the next few months and then we will see a better share price.

Kodal isn't making anything yet. The price will move once it becomes clear how much KMUK gets and how profits are distributed. As Kodal is not the majority or controlling shareholder in KMUK, it may not be able to decide the % sent back to KOD. We don't know if there is anything in the contract to ensure cash flows back to KOD.

Power is with Hainan (Xinmao) and the financial dispute is not great. The high spid price is good news as plenty of cash about.

Pretty sure BA said the resource upgrade would come in Q1. This hasn't happened.

I think it will be fine but there is still significant risk and it is reflected in the price.

Is the price that's usually quoted here from SMM inclusive of VAT. The price paid at port seems to not include VAT so there is a 7% difference. Does that explain most or all of any discrepancy?

It's probably not in the company's interest to agree a floor price while spod is rising rapidly. Pushed to the back of the queue. Additionally, we will want a floor price at least 20% higher than AISC. If this is still in flux, then best to wait.

I think a consolidation, AISC confirmation and resource upgrade will drive the price.

Disagree we are not profitable. We have debts and CAPEX planned but that's normal. We don't need to be debt free to be profitable. The ability to service the debt and still have money is key. 15% on the loan is mad though, so that needs to be sorted.

Wouldn't be surprised if we see a consoldation of shares. 10/1 or something similar.

I think the floor price will be a % above the AISC and not based on current prices. This ensures the mine is always profitable and the govt get paid. As the spod price is significantly above AISC it's a moot point as we will be paid market prices. We are not going into a hedging arrangement with Hainan on purchases.

Because it's the first export and they don't yet know how much the payment will be. That's the reason there will be an RNS when payment is received. After that it will be quarterly