Member Info for Surin

Horult, if you are so sure of Power Roll Solar, there is no need to ramp them on the KOD board...However, we must be respectful of those that are generous, kind hearted, open and wish well for others.

I would have thought posts would focus on how KOD plays out after the shenanigans at Shanta and HZM...I would appreciate a focused board

Off topic

I, like you, have belief EEE will come good. Best wishes to you and all invested for medium to long term

Best wishes with your investment. I too have hopes of a good outcome

May all you wish for shower you in glory....

Daily Telegraph (lol) has a lot to answer for!

I thought the arch shorter on aim was Tom Winnifirth...a mate of Andrew Bell. Andrew Bell is problematic, otherwise all his brilliant asserts would have been bought out long ago...but hey...carry on enriching these (unsavory) characters...

Seems as if after graduating (Oxford, Anthropology?), AB went to City during commodity super cycle. In the long down turn his actual competence has been put to the test, and, as far as I can see, has been found severely wanting. He has use his accent and hubris to support his (and his family) lifestyle...I hope something comes good from any one (or even fraction) of all the `prospective' assets, which appear as a particular mineral is on the upside. What has materialized from anything he has pumped over all these years. Lenigas is a good partner for AB. Best wishes...don't shoot the messenger....well you can if you provide some evidence!

Remember when the CFO/CFO father Sold...that should have been a warning...but good to see the Patel class colluding with the Western Financial class to continue enriching themselves at the expense of others.

The lesson is...get out when the going is good because ultimately, if the going is real, you will be shafted by the `big boys' in collusion...

Why are you surprised?

Has anybody got any examples of Andrew Bell delivering on any project? What about Bells' partner Lenigas?

...oh, of course KOD could sell their holding in KMUK in the current negotiations with Hainan for 100% off-take...lets see..

Difficult to tell, since KOD price will be dependent on a) KMUK performance b) value of remaining discoveries at Bougouni c)funds from Leo Lithium d) deal with Hainan for off-take. e) value of other assets in Mali and Cote Ivoire.

So Kod could have $2m from Leo Lithium/Ganfeng (and smelter royalty), plus a sum from Hainan for the off-take agreement currently being negotiated with Hainan...In a `fair/equitable world) an equitable payment to KOD from Hainan would be 49% of $14m...just under $7m.

In the medium to long term a lot depends on whether KOD benefits from KMUK production, lithium price etc or is bought out (Makes sense for Hainan to buy out KOD's share of KMUK).

I can see Suay Chin selling their holding if the need to raise capital. That, to me, would be a buying opportunity.

Finally, there is sovereign risk, but I can't see `Chinese Interests' being compromised in Mali (nor in most of the rest of Africa).

Aim is an insiders game where the retail investor ultimately provides the capital, but without the gain. Its the transfer of wealth from the common man to the directors and institutions. Best of luck....but don't buy, or if you do don't hold too long.

Clearly the non regulators get jobs, as do nomads and brokers. Commissions are made by brokers whilst Conv. Loan note sharks are onto a winner. Directors get rich salaries, and raise funds with the institutions that forward sell. Seems as if thye continuing loser is the small guy....who, even if he gets it right, (as with Shanta), is robbed of value by institutions acting in concert with directors/connections to rob value from the retail investor. Hey...thats life...

Brad needs a partner. A partner with fund injection is what might give rise to OMI gaining some ground on previous highs. Their last funding RNS was only an interim measure eg.

"...announces that it has raised the sum of £500,000 (before expenses) through a placing of 16,949,152 new common shares of no par value ("Placing Shares" or "New Common Shares") at a price of 2.95 pence per Placing Share ("Placing Price"), together with a grant of one unlisted warrant to purchase one additional common share exercisable at US$0.0558 (approximately 4.425p) ("Investor Warrant") for every Placing Share subscribed for (together the "Placing"). Completion of the Placing is subject, amongst other things, to admission of the New Common Shares to trading on AIM ("Admission").

The Company held cash of US$1.72m (approximately £1.36m) as at 26 January 2024, but wished to raise capital to undertake specific exploration activities..."

So possibly another US0.5m...so, at best, will have US2.7M less costs incurred to date.

Is than enough?

I thought the terms of the Hainan 100% off-take was under still under negotiation between Kodal Minerals and Hainan. Am I wrong in thinking that Kodal Minerals somewhere said the $14m buy out Suay Chin was of their first refusal on 80% of production in first 3 producing years years. Lets see what Kodal Minerals gets out of this...

My main holding in aim is kod, moving money into ftse 100 dividend payers. Aim is problematic, hope kod continues to deliver for me. Thx for patience and understanding