Member Info for Timmomo

I'm really hoping it's a tree shake!!!

A lifetimes experience went into that comment B1ll, glad to finally receive some appreciation of my dedication to spouting inane cr@p for my entire adult life... ;)

Sorry , but this is obviously a Shooting maple leaf dog wood pattern, breakout to £17.26 imminent unless it stumbles at the franco onion resistance pinch point around 7600tyl, then it's going sub 0.000023 IMO DYOR LFB. x

Sounded to me like they're considering goldfield sale as an option.

Just found time to watch this, $65m capex paid back in fist two months of production, or in other words - going forward from 3rd month of production you have bi-monthly profit in excess of current mcap.... Unless I've missed something.
Investor presentation well worth a watch, very relaxed ceo with plenty to say - all of which I found positive.

Shhhh, we're trying to sleep!

https://www.bloomberg.com/profile/person/16956819

I thought that the last time BA was in Mali he took out inhouse mine design and build engineer with him.

Being honest, I think you're barking up the wrong tree. FFX/LLLs valuation was similarly conservative and reflects LOM and anticipated spod price decline as more mines come online in the future. Dilution seems enough to keep us moving through current negotiations until JV/funding lands. BA in all his interviews I have seen comes across as very genuine. I feel comfortable here still.

Just had it pointed out elsewhere that I've taken the npv figure for lll post tax and kod pre tax. Still good value here though.

A comparison between Leo Lithium #LLL and Kodal Minerals #KOD, please go gentle on me??

Lithium explorers with neighbouring projects swiftly progressing towards being miners with a MOU to share facilities
#LLL owns 50% of the Goulamina Lithium project which has a NPV(net present value) US$2.94B

#KOD Kodal owns 100% of the Bougouni Lithium Project, NPV US$760m

To equate:
LLL has an asset valued at $1.47B
KOD $760m (circa 50% of LLL)

LLL market cap AUD$680m = £383.5m
KOD market cap £38.5m (circa 10% of LLL)

Based on the lithium alone (we also have gold assets) there’s 5x upside for KOD just to reach parity with LLL. I expect Parity on announcement of JV/funding which is imminent with talks already ongoing

Kodal background:

Fully permitted mining licence and environmental permit for Bougouni

Directors invested personal funds in the recent equity raise and have future share based reward incentives at Funding/JV and production milestones. Fully aligned with shareholders

Kodal are also developing gold assets which directors see being of equal value to the Lithium in the future (focus firmly on Lithium at the moment however)

See this recent director interview with Bernard Aylward CEO :
https://www.proactiveinvestors.co.uk/companies/news/984942/kodal-minerals-reveals-details-of-fantastic-lithium-project-s-feasibility-study-984942.html
Dyor not investment advice

DYOR Not investment advice

Crumbles, nope, jv next ;)

or 25.3 m, either way some noughts not where they should be ;)

Lack of direction. Could be massive news brewing or a complete s@@t fest or anything in between. Would say investors are mushrooms but mushrooms at least get fed something…..

oh no

FFS painless, don’t stop now - keep talking ;)

Hey laverda, yeah I'm very well thanks, opposite of you just now as held up with some legal and planning hurdles before starting a big build project, enjoying the calm before the storm though.

Still calm regards kodal as well, seem to have developed a liking of Bernards quiet efficiency.

Usual kodal….. sit tight, rewards will come.

Nice to see your posts Laverda, not been here for a while. How’s things?

A fortnight in Iceland for me, they’re doing a bogof on waffles.

Try got let down by Piedmont:
https://www.reuters.com/business/energy/piedmont-says-has-delayed-timeline-supply-lithium-tesla-2021-08-02/