Placing Roundly rejected by the Traders, Trolls, Naysayers and Negative Posters on the site down the road, I thought that I might migrate here. I can’t deny that the placing has come as something of a shock, not the least of all because I am on the record as saying, repeatedly and quite vociferously, that there is wouldn’t be one, relying on what we had been told by our CEO, Bernard Ayleard. So, what’s changed? Well, we’ve spent 0.5m on two new tenements that hold out the prospect of a significant increase in our resources. Of the 0.7m Placing that leaves 0.2m for initial, exploratory, drilling there. Trick is that there was no uplift of any significance in the SP when it was announced that we’d acquired those tenements which increased our holding by almost 50%.The SP signally failed to reflect the value of our assets before that acquisition and, now, the ‘disconnect’ is even more pronounced. Massively undervalued here, IMHO, and at the current SP it’s a screaming BUY!
Excellent news - Full steam ahead! Full steam ahead! Excellent, nice that we have larger mining operation planned, just shows the resource is growing, they must be confident! Well the results explain why! " "The opportunity highlighted by these continuing good results is that we are now able to assess our proposed operation parameters and factor in a larger mining operation with an initial 1.2Mtpa processing plant, expanding to 1.5Mtpa as the operation moves into steady production phase. “With this in mind, we are continuing to map out a development programme and will be looking to provide an update to the market on our recent activity and engagement of specialised Engineering contractors to work with Kodal and support this development schedule in due course.” " [link]
Steady rise in SP Do we think there is some news due? - the sp seems good today
Steady rise in SP This seems to be a typical AIM share - RNS with reasonable good news and the price drop by almost 25% W.
Steady rise in SP Nice rise seems to have stalled somewhat - perhaps too much excitement about Septmber update. W.
Steady rise in SP As my mum use to say OOooooo:sunglasses:
Steady rise in SP Nice rise today
Steady rise in SP I give up with this company! Back down over 9% today!
Steady rise in SP Likewise - I was in during the Norway copper exploration at just over 1p - but averaged down during this low period. W.
Steady rise in SP Up again today - There’s a long way to go before breaking even on this one!
Steady rise in SP 1st August with 25 trading days to AGM With JORC imminent or before AGM I say it’s about bluudy time:grinning:
Steady rise in SP Interesting rise in SP this morning - news due perhaps?
Steady rise in SP General rise in SP this week - anything going on?
BA interview BA interview Brr media [link] Another john Meyer on vox at 28 minutes in Vox Markets Kibo Mining #KIBO Rose Petroleum #ROSE John Meyer & Chris Bailey Kibo Mining: their Haneti Nickel Project. Rose Petroleum: results of the CPR. John Meyer on Cora Gold Bluebird Merchant Ventures Kodal Minerals
RNS Kodal Minerals PLC Raising £1.5 million [link]