Member Info for 100notout

Funny, that's what my wife said to me last night :)

So are you saying you wouldn't want to be out of this over the weekend Mercman. :)

I agree elcobbledore and well done for your investment in Firering.

I think the Chinese want to buy it but not at a price that would suit us. Somebody has kept the price down for some time now for this reason in my opinion. I have seen this happen time and time again. I had a decent position in Lonmin and they did the same there and Sibanye took them over for a song. Lonmin was worth at the very least 5 times what was offered. I was against the takeover and made the Board very clear of my position but they were all given a large golden handshake and most probably a brown envelope. I think Bernard is different and will do his best for shareholders. For some if they were offered 1p it may seem like a good deal but it's worth a lot more than that. Lets face it, we are still at the same price of the last placing. You have to ask yourself who would sell now or short it?

For hanging charts up.

I'm about fundamentals rather than charts but what I can add is there is not enough room on that chart for where Kod is going.

Kod should go to the UK government and ask for a loan to develop Bougouni and tell them to scrap the Rwanda deal and do a deal with Mali instead. Once the migrants are waiting to be processed over there they can work at Bougouni for a decent wage and the ones whom get the green light to enter the UK could come over on the ships with the lithium to Teeside. Job done.

Sod 0.45-0.47. It's worth a lot more than that. Remember with the new mining plan the payback is a few months. When finance is announced it will be like like going from having planning permission for a four bedroom house in Mayfair to a 200 room hotel in Mayfair. I think this has a long way to go.

He will be back don't worry. I took a few profits at 112 on some of the shares I picked up at 90 thanks to the shorters pushing it down. I will be ready to buy back when they start selling again.

How come no one has mentioned that they wouldn't want to be out of this over the weekend.

What's the betting that the shorts used to bring the price down are closing pre takeover.

You are either very desperate or extremely sad to go through another posters comments. You only said a few week ago that I was a gambler for investing in KOD. Have you seen the subsequent rise?
FYI - I do still hold a small position in HOC (probably huge for you) but they cost me nothing as I was fortunate to buy low and sell high, just as I will do here...

A lot of these jokers are given brown envelopes. Why do you think hedge funds employ journalists?
Propaganda...

Well one thing for sure is that the current Mkt cap of circa £50m is peanuts. It's worth multiples of this. We just have to be patient for Bernard to get us a good deal.

Josh - The intelligent individuals learn from everything and everyone; average people from their experiences. The stupid already have all the answers.

The only true wisdom is in knowing that you know nothing...

Similar sort of drivel you write Josh. Probably paid for by a hedge fund.

Let's not forget sterling has weakened and lithium which is priced in US$ has increased. Kod have a very low cost base too compared to the majority of AIM stocks. The latest plan also gives a very swift pay back. Kod are in a strong position yet the market still undervalues the company. It leads me to think that someone is keeping the price down to make an offer for the company. In any case I am happy to hold and add.

Well if it does go lower it will just be another buying opportunity. It seems as though Kod is being sold down for a takeover. It's rather odd they are at this price considering a tie up could happen any day.

With regarding a takeover I would say it's a case of when rather than if. This is cheap especially considering the current value of sterling. I don't think we will have to wait that long and I don't think it's unreasonable to expect 600 plus.
Regarding TED, I was in that too and called that one before time and did rather well picking up a good chunk in the 80's. The price offered wasn't great but considering the current environment for retail I was happy for an exit. This on the other hand is in a niche growth area which to a certain extent will be recession proof. This has been sold down just as TED was and MCRO. There was no reason for it to fall yesterday after what should be considered a decent statement. This is clearly being manipulated with but I am happy to hold and add as I see good value.