Posted on the LSE KOD BB. (Your neighbour lol) Been looking at...

Posted on the LSE KOD BB. (Your neighbour lol)

Been looking at BGS for a comparison, so will let you all decide who has the best seat.

Shares in issue:
KOD 5220M
BGS 215M
Each 24 KOD shares = 1 BGS

SP:
KOD 0.0047p
BGS 0.366 cents (22.88p @ exchange of $1.6A to a £1)

MarketCap
KOD £24.5M
BGS £45.19M equivalent

Land area:
KOD 609sq klms (500 + 109)
BGS 250sq klms

Li veins:
KOD Up to 14 with at least 3 veins confirmed
BGS Poss 2, 2nd being to the West of main find

Gold:
KOD - 2 JV's already in place with Newcrest and Resolute + other concession areas.
BGS - Ownership of 3 prospect areas

In conclusion.
BGS are value at just under twice our M/C but have the advantage of a JORC report already in existence awaiting a Scoping Study which should allow their Cap to rise.

KOD also awaiting imminent news on both Li latest drilling and possible gold venture updates.

Looking good...