The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I think the clue is in wording:
“ underlining an opportunity which may become increasingly attractive for a larger joint venture partner.”
Perhaps no need for placing if a JV Partner is found, which it appears is the aim of the company.
A specifically worded RNS. Their aims are clear.
For me this looks like a classic case of the market orchestrating for weak holders to sell, to transfer shares into the hands of those who will really benefit from Kodal.
Ask yourself where you think the share price will be in 12 months or 24 months? Under a penny? Really?
Based on the released RNSs and the potential for further positive news in the short to mid term , That looks like a strong hold for the real gains that will likely happen sometime down the road.
Let’s put this to bed instead of cloak and daggers .
Photos can be shared via Photobucket - upload a photo, it creates a link which you can then paste here.
https://photobucket.com/
Nothing incriminating, or compromising this apparently imminent positive RNS…
@thirstypigeon
Thanks, but I have no desire to join a one-sided, self-affirming pro GWMO group. I welcome contrary views, and unless @jules is actually working on the project, I can see no reason why details of a shareholder visit to site cannot be detailed here, including photographs as long as they don’t contravene any confidentiality (my post to @jules with a link to a photo sharing site was ignored) - if things are happening as declared in the RNS’ then unless GWMO is utilising new patent-protected mining and processing technology that is not common knowledge, then I can see no reason for the company to object.
Anyway, time will tell if Brian Hall replies to my email to my email with questions, and also has the opportunity to confirm , deny or not comment on this heralded shareholder visit. And if these photos have been shared on the pro-GWMO Telegram group, that completely contradicts the reasons for not publishing them here.
If something smells like merde , it usually is merde.
@jules_bristol
Give it a rest.
If anyone was on the Clontarf board when kangaroo boy Joey was posting, they’ll know that these all-knowledgable , first hand experience posters turn up from time to time.
Far from creating a positive spin, your posts are now making me very wary that some negative news or a placing is about to be announced.
Seems as though there are many ways to skin the EV cat:
https://www.businessinsider.com/ram-electric-truck-ramcharger-gas-generator-range-charging-2023-11?r=US&IR=T
What new models are in development?
Living in deepest darkest Wiltshire, I nearly got run down in a country lane by an EV motorbike as I didn’t hear it coming…
It feels like this is just beginning.
When I reevaluated my investing strategy a couple of years ago, the lithium sector appeared to be the next big growth sector. I researched companies that in my opinion had a good opportunity to exploit the revolution. Kodal was top of the list and I am not being disappointed, even after the various obstacles and set backs.
Large car manufacturers will be planning years ahead. To think that other energy technologies will quickly supersede EVs is, in my view, misplaced.
I’ve hitched a lift on the EV ride, and it ain’t over yet. Not by a long mile.
I feel like I’ve been here before…
Oh, I have.
Time will tell if it’s any different to the 2nd, 3rd or however many false starts there have been.
Only need another 900%+ to recover my losses.
@eccle
I posted about a possible buyout back in April and both Daz123 and Im Trying completely poo poo’ed the idea.
We shall see. Buyouts do happen prior to mining operations starting, and the more obstacles (to mining ops starting) that get resolved increases that likelihood.
Great RNS yesterday, but money isn’t in yet. When it lands I expect then we shall see the rise we have been waiting for….
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TheBasher
Posts: 618
Price: 0.825
No Opinion
Next move after funding…20 Apr 2023 15:58
Happy days. Glad I got in early and I’m definitely holding on to my @KodalMinerals shares… I think this is just the start of a MASSIVE rerate. I wouldn’t be surprised if Hainan make a bid for the entire operation, as happened with Kazera’s lithium/tantalum operation - their Chinese partner Hebei Xinjian Construction initially bought in to fund the mine, then subsequently made an offer to buy the whole thing out.
And if a sale is considered, I’m sure B won’t sell it cheap.
As we know with AIM, anything’s possible. If B walks away with a life changing amount of money, then I’m sure he could be tempted…. Let’s hope it would go to a bidding war.
PS not saying I told you so but … !
TheBasher
Posted in: KOD
Posts: 500
Price: 0.395
No Opinion
Technically looking good!
20 Mar 2023 14:03
Lovely triangle flag forming now…
Could be lift off soon.
@roger65
The bigger players like arrive when it is further derisked. ie when funding arrives (after all the conditions precedent have been met). I’m very intrigued to see what how this plays out when that occurs…
Atlantic Lithium do NOT have gov permits or license.
I got sledged for pointing that out to their bulletin board when the price was in the high 30’s.
Now it’s around 24p. Enough said.
You can have the biggest resource in the world, but if you don’t have permission to mine, it’s worthless.
I've held shares in Valirx for many years.
My investment is down 99%.
I continue to hold it in my portfolio as a constant reminder of the risks of investing in AIM, and to remind me not to ignore the lessons from the past. Alongside every winning share in my portfolio, I will always see the catastrophic decline of Valirx. Having learnt the hardway, only a minority % of my pension pot is tied up in AIM, with the majority tied up in larger cap companies in more mainstream, more regulated markets.
When I see the rinse and repeat pattern of some AIM companies, it sickens me to think that a new cohort of unsuspecting investors will get sucked in, not only to lose their hard earned cash, but also to see their planning for a more secure financial future dashed.
AIM is such a dergualated playground, it is more a casino rather than an investment vehicle.
Investors beware - only invest what you can afford to lose.
I posted this back in February of last year:
"Simplistic price forecast: 450,000 oz at £1354/oz = £609,300,000Divide that by 3,570,000,000 shares in issue and you get £0.17. Deduct 50% for all in sustaining cash cost for mining and still at 8.5p profit . And that’s the lowest end of forecast of oz’s recoverable just from Olympic. Just need to prove up the asset and away we go, potential mega multi bagger."
And that's just the gold which is now at £1555/oz, approx 13% higher....
Some people saying 2p... I think potentially a lot higher....
I couldn’t give a monkeys on who, so they say, are selling or buying.
As Franky says, we are waiting on news and the company has given a timeline.
If people bought expecting good news, but are not patient enough to wait for that news, that would seem irrational at best.
I’ll wait for that news to see where we stand.
@toffeeman
I think it’s very responsible reporting.
Not trying to hide any risks. Not often you get an AIM company being open about risks so I respect the way they are reporting this. At least people can invest knowing the risks rather than be caught out by a sudden revelation that the license isn’t granted.
Take a look at Atlantic Lithium - I got sledged on that bulletin board for pointing out that their license wasn’t granted, and yet now the share price is down 30% plus from when I posted. I’m not saying it’s a potential investment, but maybe now the SP reflects that risk more appropriately.