Member Info for TheBasher

@paul2566 - give it a rest! That’s a good attempt at waffle dressed up as evidenced information ;-)

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.....

that should have said:
23-Aug-21 08:22:23 0.3592 22,269,780 Buy* 0.34 0.355 79.99k O
(not the 3rd of August, but today)

3-Aug-21 08:22:23 0.3592 22,269,780 Buy* 0.34 0.355 79.99k

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.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2928-tsx/next/93752-nextsource-materials-secures-strategic-investment-led-by-sir-mick-davis-to-fully-fund-construction-of-molo-mine-in-madagascar.html

@ouzo65
Grumpy old man!
Give the poster a break. Nowt wrong with asking for ideas. I’ve picked a few gems when others have put them on my radar!
Have a good day, y’all.

GREAT WESTERN MINING (GWMO), IRONVELD. (IRON), KAZERA GLOBAL (KZG)

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?

@dennisthemenace
A dip?? This is a “dip”?!
From £2.40 to under a £1 yesterday. A dip? LOL.

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

Vertically down? 9.12% down last 24 hours and falling ….

@magstar
Calm down! Calm down!
LOL!

https://www.visualcapitalist.com/9-things-investors-should-know-about-the-cannabis-industry/

it really is trying one's patience. And when it gets to the point of wanting to sell up and walk away, that is likely the time to dig deep and hang on in there. Mr Market not only knows all about how to relieve "weak" holders of their shares to line their own pockets, but is also good at pushing the limits with LTHs!

From my perspective and business experience (I'm trying to do deals in Africa at the moment too), the amount of investor caution due to COVID is very real and impactful. The money tap has been turned off in many parts of the world. Many projects have not just been delayed, but canned entirely. I fully respect the Senior Execs decision not to take salaries during the last 12-18 months or so - I think it is exactly the right thing to do to protect the business and give it every chance of success in a very very difficult business environment. Taking all that in to account, I interpret the RNS as a "we recognise and acknowledge all the problems associated with getting this particular deal done, we have things lined up which are being affected by external forces. and we are working our butts off to get this project away without fleecing shareholders".

https://www.londonstockexchange.com/news-article/KZG/investment-diamond-hms-and-tantalum-update/14974825

13 May 2021

Kazera Global plc

Investment progress, Diamond Production, HMS Licences and Tantalum Sample

Kazera Global plc, ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company, provides the following update.



Highlights:

· Despite an additional level of due diligence, proposed investment of €9,130,000 at approximately 2.7p per share, appears to remain on track.
· Other potential investors are also expressing interest.
· Diamond production is focusing on larger stones with a higher market value.
· Heavy Mineral Sands licenses now appear to be progressing.
· A sample of Tantalum is being assayed for a Chinese smelter preparatory to negotiating an offtake agreement.


Investment Update
The Board have now obtained further assurances that the investment of €9,130,000 referenced in previous RNS's will proceed in accordance with the agreed documentation. The expectation was that the funds would be received imminently following the completion of the banking due diligence. However, the investment in Kazera represents part of a package of broader investments in Namibia being made by the prospective investor. The size of the overall funding coming into the country has raised the need for visits to the larger projects by the underlying backers to cover in-country compliance.

Although this is a continued delay, Namibia is taking extra precautions based on past issues with foreign investment. The Board does not expect any issues for the Kazera element as the principal investor has twice visited the mine along with their geologist. Enquiries undertaken by both the Board and the Company's independent advisers have all indicated that, despite the delays, the investment into the Company is still on track to complete on the terms as agreed in the signed Subscription Agreement between the two companies and previously outlined to the market. However, the Company can give no guarantees as to when the investment will complete and when the Company will receive the funds committed.

Despite the investment being delayed, based on their understanding of the situation from a Namibian perspective, the new mine contractor, DJ Drilling, continues to rebuild the road systems at Tantalum Valley that were damaged due to the extreme heavy rains experienced in Namibia. There is continued heavy equipment arriving on site as well as technical teams now busy with maintenance of the current plant. This work is being undertaken by DJ Drilling its sole risk and at no cost to Kazera in the expectation that the investment into the Company will be made.

Simultaneously, the Company has been approached by a separate high-profile Namibian investor who has expressed an interest in investing for a substantial amount of the equity of the Company. They have already conducted a successful site visit

@lunq
Fair comment.
I was just following up on my comments from a month ago.

I would never offer advise to buy, sell, or hold. I merely give my thoughts to balance out the "this is only going one way" commentary. From countless examples, this can be very dangerous advice and can lead to people to losing huge amounts of money. I don't want to see other people suffer the fall out from the financial damage this can cause.
I got burned early in my investing career, learnt painful lessons and had time to recover. An educated and professional friend of mine who had "blind faith" in a share (against all my protestations) and influenced his partner and friends to invest and hold too, has ruined retirement plans, lost houses, broken relationships.

And to keep limpalong happy, NOTHING IS A DEAD CERT! ;-)