Member Info for Bfdinvestor

It's quite simple

1. Flotation is a tried and trusted method of processing Li amongst other products, it isn't radical or cutting edge in any way. Anybody who states differently doesn't know what they are talking about.

2. There are certain posters who have been here under different user names for ages. They should just be green boxed.

So it looks like all options still in play.

Interesting week ahead for sure

And still you show your ignorance badomen.

Go and check the accounts to see how much is a formal loan

Kodal's own RNS stated that flotation AISC would be less than DMS.

Badomen just continues to demonstrate his ignorance. He was the poster who thought ALL owned 90% of Ewoyaa until I explained they didn't and didn't even realise they were going to use flotation until I told him. Nor did he know Kodal were owed over £6m by KMUK

ALL sold for 210m dollars, we are massively undervalued in comparison and that's before we compare to ZINN!

But maybe you should go and look at Ewoyaa a little more closely, because a floatation plant is also planned there

Absolutely clueless

You don't need to explain anything Badomen

You are trying to make a tried and tested technology into some kind of high risk endeavour

Why would I expect anything different

Kodal jorc wil end up at closer to 50mt

What is the complication or risk of a flotation plant, it's hardly cutting edge or untried technology is it Badomen.

So we have one company valued at 210m dollars that hasn't put a spade in the ground and another that owns a third of a mine that will generate 200m dollars this year with a market cap of less than half that.

So, by any measure, massively undervalued

And, to think Badomen, a matter of weeks ago you were trying to persuade people that ALL was over valued at a much lower market cap than it actually sold for!

Ewoyaa has 38mt resource estimate, not as big as Bougouni per the Hainan Comms.

Go check the AISC on the ALL website, it is remarkably similar to Bougouni stage 2.

And the grade isn't much different either

I never said market cap was 60m dollars

Other than that, well done badomen!

Ah the joy of the filter button

Aslan

Let's take a proper look at this

ALL owned 40% of Ewoyaa. It has a smaller resource than Bougouni. It has just been sold for a market cap equivalent of 210m dollars. That is before a shovel has even gone into the ground.

Kodal by contrast has £14m in the bank. It is owed over £6m by KMUK. Bougouni will probably generate c200m dollars in revenue this year alone from the first 120m tonnes shipped.

And you reckon all that is only worth 60m dollars

Would love to see your workings

Revb year end is February

In what way are the late southcoast?

In the same way £8m is pocket change lol

Oh dear it gets worse.

Chaebol is now apparently claiming that the RNS of the 13th February plays a key part in the court case

That is the funniest post I have seen today.

I really wish I had that IQ lol

Seems you have avoided the question Cholseyn

What do you believe is priced in, especially relative to the two recent sales of ALL and ZINN

I've never reclaimed to be an expert in ALL at all, although I held shares there a couple of years ago and made a tidy profit.

It's why I can compare the two and know Kod is massively undervalued

Wow he really is embarrassing himself now.

The chronology is simple.

The full arbitration process was followed

A mediated agreement was agreed in principle.

GST were happy with it

The two former directors refused to sign the binding documentation

Legal proceedings were issued by Semnet which is majority owned by GST, so presumably they are confident in their case.

It doesnt seem like any form of master plan from the two former directors.....

No Chaebol, what we know is that a mediation meeting was held, which came to an agreement that both parties agreed with at the meeting or GST wouldn't have been able to communicate the outcome via RNS. If GST weren't happy, they wouldn't have communicated, therefore there is only one logical solution isn't there Chaebol

Yes massive I posted earlier that it is, although I believe the post was removed

Presumably because it doesn't fit someone's narrative

https://www.judiciary.gov.sg/hearing-list/hearing-list-details

This is the relevant section of the RNS Chaebol, with the mediation meeting the final stage of the arbitration process that kicked off in July. GST were obviously happy with the outcome or there would have been no RNS. Therefore it is obvious that the two former directors didn't follow through on the mediation agreement, unless you are suggesting they didn't attend the mediation meeting?

A mediation hearing was held in early December 2025 and a formal settlement agreement between the Sellers and the Company is expected to be entered into in late December 2025 or early January 2026. It is currently expected by the GST Board that this will see the return to the Company US$800,000 of cash consideration, the 58,844,713 consideration shares issued to the Sellers and a payment in Singapore Dollars equating to approximately US$300,000 to cover the Company's operational costs.

So Chaebol, you are stating that GST mislead the market when they RNS'd the outcome of the arbitration process.

Oh dear Chaebol

I guess your AI doesn't understand how virtual conferences work.

If your theory was correct, then the AR would most likely share her written decision online during the meeting and email it at the same time

A ruling at arbitration found in GST's favour Chaebol, most people would describe that as the two former directors losing

Try to reply in a less nonsensical way

Oh dear, it's just pure fantasy Chaebol.

There are many potential outcomes Chaebol and because something was done virtually it doesn't suggest your outcome is correct.

Why is the case conference still showing as happening on the 4th June.

Why is a return to arbitration, where they have already lost, a good outcome for the two former directors? Whatever happened to the counter claims the supposed geniuses would make.

It seems you have called this wrong all the way through Chaebol, why would your latest set of hypotheses be any more accurate?