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Wont be long now Daz until we see if your prediction is close....... dont think it is possible for them not to mention Sino again .... might need to be Bernard's safe word if he has been telling us porkies
Formality - possibly -as far as dealing with government offices go. Government offices are the same the world over - slow.
None of the delay has anything to do with Kodal.
Where is the negative spin from? Doesn't make sense - again.
You must have a reason for adding a negative spin to every piece of information.
Just to antagonise shareholders?
Of course Daz, which is why I ask you?
Plus to correct you, Kodal estimated the sale price of their material, we are not in production so we cannot confirm if they under or over estimated the sale price - there is no answer correct or incorrect. Nobody expects them to be correct to the penny.
The trajectory of the current price rise is in keeping with previous industry assumptions, after allowing for the Covid delay. This is positive for shareholders.
But there is no definitive answer as you suggest in your replies. Only after the event.
Not sure what your game is but your posts make no sense, looking at your history you seem hostile to anyone who holds shares in Kodak.
No ramping will make a difference, everything is in the licence approval.
Tamper-ramper
Daz- not a tamper. But you clearly are not a shareholder. Either you have time on your hands or are trying to influence the share price for some reason, trading?
Daz - confused by your post not sure of your direction. Life FJ asked are you hoping to buy in cheaper, struggling to see any direction in your posts? Have you lost a fortune buying high then selling low? This is a typical exploration outfit, has 4 or 5 targets, keep some drop others, sell off successes at different stages then move on or morph into a different type of business. Your posts don't make sense unless you are on a trading platform and trying to influence share price? Which direction are you going?
Mine is simple, bought a few million shares cheap and I think there is mileage in this outfit, with reasonable (for me) safety nets with the gold prospect. Been watching it for years.
What are you doing?
I don't think they are off course any different to us being off course. If we had not been affected, but the price had, then we may have had a potential issue, but even if we had remained on course we would not be producing today. In short we are still in step with the prediction. If you hold shares here, I would stop worrying about detail. You can be sure that something will jump out of the woodwork that you had not thought of and gives you a fright. Did you foresee Covid19? Or the military coup? We are at a general stage not a detail stage. Deep analysis won't work here. We only have shareholder information and trade press. Not the full detail that mining companies hold.
That is strange I saw 550 yesterday. But what Kodal wrote and what the exact price is does not matter. The predictions of the Lithium market were the oversupply would move to undersupply through a timeframe, probably the figures Kodal used and, save for a few months delay, Covid, they seem to have it right. We haven't got a licence yet, so today's price does not matter, but the price trajectory appears to be bang on. I suppose the typical 6 year project for the factories allows more accurate prediction than many industries, oil for instance.
I tend not to hang on to every detail a company says, who ever said they were crap?
Re cashburn / dilution.
If I could buy 1% of an idea and end up with 1% of a business I would be a magician. Imagine 1% of Apple!
Unfortunately overheads and investment are part of every business from a coffee van to BP.
I see nothing different here. The delay has nothing to do with Kodal and lucky for us it is delayed at a lower cost (overhead) stage of development.
The only communication we should get are updates in the normal time frames or developments that shareholders need to be aware of as per the rules.
Anything else is dodgy and shouldn't happen.
Same old here as far as I am concerned. Usual wait at one stage or another, the wheel always falls off somewhere along the road, nothing new.
In addition Lithium is up so they can recalculate the returns.
Dax - if nothing is happening no point BA saying anything. Otherwise someone will read something in to it. At least the demand and price is getting better for Lithium. The interim government see mining as the future. If the will is there it will happen. I didn't realize this is in the top 14 global lithium projects, I thought it was smaller. Could be a good pay day when it arrives. Missed a multi bagger already while waiting for this one.
Excellent thank you, I had a quick search, first paper Kodal were mentioned January 2021. Needs translating, something about 1.5 million dollars. I will have a look through in the evenings. At least we are delayed at the right time, low overheads, rather than men and machine on the ground. Thanks for posting that link.