Refreshingly transparent. Brian is very good face-to-face but obviously struggles (like many) to coordinate technology at the same time! 6-months funding - hopefully he can use the time to get a well-funded copper partner onboard and at least start to monetise the gold and silver prospects.
I can see nothing negative in the update at all. Of course there are risks to any investment, but the very positive wording of the RNS across both for my development and the funding agreement leaves little room for negative interpretation. As a very long term holder, I am very reassured that my faith in the company will be rewarded. Patience certainly is a virtue!
No, but when I did the copy and paste it was a buy, now its unknown. They are only guidelines anyway based on the SP at time of posting. If its a buy, then that's a pretty large chin of cash to be playing with. Not sure people gamble with that sort of money without having some knowledge of what the likely outcome will be.....
One explanation of the quick drop is a nice little tree shake to relieve weak shareholders of their precious shares and hand them over to others prior to positive news and the associated meteoric rise in price.. Let’s see.
I’m in both, and have been for a long time. Trying my patience but both raising investment in difficult times and territories. The growing demand and commodity prices reassure me to stay in for some time to come, plus other companies in my resources portfolio are moving north (EUA, KOD, GWMO) so I am appeased for the time being.
Happy days indeed - technically, the triangle break out today accompanied by excellent volume could signify a dramatic move north in the short term, potentially around 0.5p. Technicals are good at telling the story, so it is no surprise that we are on the cusp of news that could act as the catalyst for a rerating. Are the stars aligning??
Yep, walk away now until the next RNS. There is no meaningful news via a BB, just exposure to doubt mongers. This is not a ramp as with anything on the stock market casino , especially AIM, nowt is guaranteed. And of course , no one bases their decisions on the opinions of anonymous keyboard warriors, do they?
REG – Kodal Minerals PLC – Gold Exploration & Lithium Mining Licence Update 17 May 2021 07:00 For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210517:nRSQ7570Ya&default-theme=true RNS Number : 7570Y Kodal Minerals PLC 17 May 2021 Certain information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulations. Upon the publication of this announcement, this inside information is now considered to be in the public domain. Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining 17 May 2021 Kodal Minerals plc ('Kodal Minerals', 'Kodal' or the 'Company') Update on Cote d'Ivoire Gold Exploration Activity and Bougouni Lithium Project Licence Application Kodal Minerals, the mineral exploration and development company focused on the Bougouni Lithium Project and its gold assets in West Africa, is pleased to provide this update on the exploration programme for its Cote d'Ivoire gold assets and provides a further update on the Bougouni Lithium Project mining licence application. Highlights Cote d'Ivoire · Kodal has secured two drill rigs for the Nielle Project in northern Cote d'Ivoire. · Drilling programme will consist of 5,000m of aircore drilling to commence within the week, targeting the strike extensions of the gold mineralised zone and test for parallel zones defined by Resolute Mining Limited ("Resolute"). · RC drilling is an initial 1,000m to define mineralisation and follow up drill intersections including 26m at 1.95g/t gold and 26m at 1.79g/t gold. · Infill geochemical sampling at the Dabakala project has commenced with sampling targeting the high-grade anomalism up to 6.14g/t gold. Sampling is targeting definition of the new gold anomalism in preparation for first phase reconnaissance aircore drilling. Bougouni Lithium Project Mining Licence Application · Kodal confirms it has finalised the changes to the previously lodged Feasibility Report and will file this update with the Direction Nationale de la Geologie et des Mines ("DNGM") in Mali imminently. · Next stage is for DNGM to send Kodal a confirmation letter formally requesting payment of the application fee for the mining licence prior to the formal production of the Mining Licence for approval by the Prime Minister. · Mali Interim Government undergoing a ministerial reorganisation to create a "broad-based" representation and reduce military influence. Bernard Aylward, CEO of Kodal Minerals, commented: "We are very excited with the exploration programmes on our gold projects in Cote d'Ivoire. The Dabakala project is at an early stage, however, the extensive surface gold anomalism and repeated high grade gold mineralisation give confidence to continue with exploration here. This is a new gold zone defined in Cote d'Ivoire and offers the