Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
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Sounds good to me, lets see how the market responds to the investor presentation at 12.30, hoping for an afternoon spike into the long weekend
Where is the money coming from, a raise?
They have 117 million dai so its not an issue
and as hainan own 51% of KMUK I imagine they will likely stump up half?
117m, Mmmmm, is that through a facility as MC is 85m
I suspect nearer the the completion Kod will be brought out by hainan.
Hainan may well do a buy out - but I doubt it will be for all of kod
it would be the other 49% of the subsiduary KMUK
kod will still live on and then concentrate on their gold fields with the cash IMHO
Get Lorna in as CEO, let her get a 99% discounted placing, and we pounce with a RTO, and KMUK is ours ....
https://youtu.be/7edeOEuXdMU?t=3
Yeah your prob right Horult, with all the money they could go out and buy a few other licences and have enough cash to keep going for a few years and do a special dividend for current holders.
3 days of higher highs and higher lows, bounced of the 0.35 resistance
both the weekly chart and daily chart showing uptrend
hoping this continues and I do still expect to see some drill results 'soon' which will help
Between KOD and He1 you should be busy
KOD little downtrend has turned imho
2 days of higher lows and just a few minutes ago got a higher high
new uptrend forming, should rise rest of week now imho
KOD has been gently trickling up as I thought it might
in touching distance of 0.5 again - though again I do not believe volume is there to breach it ( unless news drops)
so imho it is likely to drift again from monday and gently back down toward 0.4 - and watch for the turn again
0.43 - 0.48 feels like a nice little 10% swing trade opportunity during this sideways stint - and if news did happen to drop whilst you are holding - bonus😂
Https://twitter.com/KodalMinerals/status/1788474708301582486?t=51euHM0KqXCBCEdN7AsnUw&s=19
tonka trucks!
ground being cleared, slowly building up. Lets hope there are no prem style issues with the plant build, hopefully it does get into production by end of year as planned.....at this rate it may beat prem to the finish line🤣
Vid horult...freshly out
https://www.proactiveinvestors.co.uk/companies/news/1047186/premier-african-minerals-achieves-milestone-at-zulu-lithium-plant-with-saleable-spodumene-concentrate-1047186.html
Saw the stockbox one yesterday
he is doing he PR rounds, trying to pump it for the next placing🤣
KOD rns update
everything looks to be on track. Site has been cleared ready for first concrete pour. First plant items expected to be shipped around June 5th with a fairly quick 21 day delivery. Drilling continues. Still on target for completion by end of year.
Just saw that rns things seem to be progressing well. At this rate Kod will beat prem to full production lol
Not moving too much yet. Suppose there is no real new info there. Nice to see it on track though.
Likely needs the drill results and /or news on the gold before it spikes higher
Still I'm hoping it touches 0.53 today/tomorrow so I can get my averaging down pot back out - ready to go again!
Simultaneously averages down and adds to the 'free' shares pot😁
100% the more risk free shares you have the better, you dont need to worry about it going bust if they are "fre" and any gains you get are are 100% profit.
Teasing me with my wanted 0.53 sell price today
looks like it could well move on from here, site updates and resource updates due in June so hopefully get a bit of a rally over next couple of weeks - and no doubt a sell on news drop after
My 0.53 sell went through on my side trade/average down
Its up 10% today on no real news so well played.
Kod finished strong, still in uptrend still has volume
maybe I'll even get to my last trade sell tranche at 0.7 by end of week then all my trades will be out - at which point I secretly hope for an RNS and a sell on news dip so I can buy again🤣
slowly building up that free ride pot. Have over 1.2 million now, hoping to get to 2 million freebies before end of year anticipated production