George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
When the SEIA is passed or approved and issued, is the mining license automatically in force?
Or does it go to the minister for sign off?
Https://www.birmingham.ac.uk/news/2023/ball-milling-provides-high-pressure-benefits-to-battery-materials
Not sure if this has been linked before. Not sure if it will increase the %.
I have to admit to a small dissapointment . Just a tincture.
I was hoping for ffx type demerger, that now seems a distant possibility.
I am in my seventies and each time we get close, the finish line is extended.
It will be worth it when it comes but will I still be here?
Sorry for the inaccuracies
Just trying to generate an exchange of ideas about the next 12 months.
The truth is LLL ( LEO) lost more 50% of it value within 15 days of coming to market.
Little recovery has taken place, they have changed CEO
Remember this is a company with 255million dollars in the bank ready to develop the mine.
Yet the market is not backing the share. Clearly a long term investment.
FFX after demerger obviously lost value back to 20 cents. (FFX just received 38million dollars for shares Sold to LLL) interesting.
Those who held on to FFX shares or invested In LLL would now be sat on a loss.
The parallels between KOD and FFX are striking. If it is believed that Gangfeng have an option,
Match the best offer and your in the JV, then most likely they will be involved. The point l was hoping to make in the previous post Gangfeng are not miners. Are Kodal miners?
The best would be a three way JV Gangfeng and large mining company and Kodal as sleeping partner. Lump sum plus 9 years guaranteed income.
In the 4/6 months leading to the deal anouncement the FFX SP gradually
Increased by 100% 20 cents to 40.
A 25% increase on deal confirmed to 50 plus.
Over the next 12 months SP increases to 1.20
(Will KOD be 1p in 12 months?)
Then demerger which looked, on first view, a disaster.
The chinese partners want the ore mined for them which led to a demerged JV company for litheum mining Leo Lithium (ASX: LLL)
SP in LLL crashed from 70 cents to 20 cents
SP in demerged FFX dropped to 20 cents
Both shares appear to be good long term investments
Did any original joe public shareholders of FFX make any money?
A similar JV for KODAL will almost certainly lead to a demerger.
As has been suggested selling the Litheum as an asset to a minjng company would be best for us shareholders and KODAL who will become cash rich to fund future developments.
Will our BOD give up ambitions to be miners?
https://www.sigmaaldrich.com/GB/en/product/aldrich/70253
This is a processed price
So many possible applications
https://www.nxtmine.com/news/articles/energy-critical-metals/lithium/pilbara-minerals-reaches-records-prices-for-lithium-spodumene/
$2300 per tonne
Is this same spod or is it mixed with gold!
The whole world knows that only the signature of the PM is delaying the issue of the licence. It will happen, unless the PM has been informed that some Kodal shareholders think he might be corrupt any serious investment in anticipation surely has happened.
So the licence alone will not shift the SP much if at all unless there is other news.
Look at SRES that sp actually dropped on the issue of the licence and the sp has drafted down since because there has been very little positive news about any JV.
The end of the rainy season means drilling for gold restarts. A good gold result plus the licence and news of a pending JV will move the SP upwards.
That won't happen next week. Be patient.
I think its an exaggeration to use the term mining at this stage.
A fair % is just sitting there on the surface like a low Ayers Rock
You could get it out with a D6 and a couple of tipper trucks
We can dream of a JV and/or consolidation. Anything.
Kkkhttps://www.proactiveinvestors.co.uk/companies/news/903156/sunrise-resources-makes-good-progress-towards-production-at-cs-903156.html
Look about half way under the heading
HOW Are they DOING?..
We are going to provide course grade perlite to potential customers
So who 'fkd' up?
https://www.mondaq.com/energy-and-natural-resources/970502/mining-comparative-guideI agree the money is not the problemUntil we know what type of mining activity will take place we cannot complete the application.The above link explains what info is required including environmental issues. ( a little out of date)The results from the MOU will be required to complete.