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No surprise here - why wouldn’t Hainan protect their own interests.
The Chinese just want 100% of the lithium pie 🥧.
All positive.
I’m looking forward to watching and reviewing the 12.30 meeting in granular detail - hoping for some info on the gold!
GLA.
Stephen11.
* Strategic decision to sell Genedrive® MT-RNR1 kit direct in the UK and Ireland in 2024 following addition of increased internal sales capability
I'm taking this to mean Inspirational Healthcare will no longer be the UK agent, for MT-RNR1 anyway?
GLA.
Stephen11.
I quote from a slide in a previous investormeetcompany presentation:
"Acquired the Fatou Gold project in Mali with immediate mineral resource potential exceeding 350,000oz Gold".
Great potential future value.
AT Todays UK Gold Price = £1, 720 per ounce!
As a conservative estimate, around £602 million worth of Gold in Fatou, waiting to be extracted.
GLA
Stephen11.
PS....obviously more detailed drilling work needed i would presume.
Wait till we start to get drill results on the gold, more lithium drill results, and updates on the plant - 2024 should be a blinder - lets hope it all kicks of NEXT WEEK!
In context - Kodal own gold resources that are approximately 3 times the size of the Isle of man!
Detailed breakdown below:
Names and numbers for the Gold concessions in Cote d'Ivoire and Corvette
Corvette:
PR-399 212 Km² (NIELLE)
PR400 396.761 Km² (M’BIHIAKRO)
PR-398 229.02 Km² (TIEBISSOU)
International Goldfields Cote d’Ivoire
PR0834 394.7647Km² (BOUNDIALI)
PR-427 200.4052Km² (KORHOGO)
PR-426 220.7688 Km² (DABAKALA)
Obviously, i would presume the gold will not be evenly distributed amongst this land and the ongoing testing will be needed to identify the best ground - but its vast!
GLA.
Stephen11.
Great post Mirabeau - genuinely pleased for you.
Not sure if Neille could be sold as early as next week, although that would be nice. I thought from the previous investormeetcompany presentation that Kodal were planning to use some of the Hainan money 💰 to further drill and define the gold resources.
That said, it has been previously reported that Neille has 350, 000 ozs and gold is at an all time high - I’ve always thought the sp doesn’t reflect the true value of the gold!
I welcome opposing views!
I reiterate how positive it is that Kodal are actively promoting rejuvenation in the local community. This is indeed refreshing to see, as some AIM companies (not this one) fleece there shareholders with constant share dilution whilst paying there CEO’s more than the President of the United States.