Member Info for Celle

Hi

Thought I would just remind people about details given in the presentation and the value/timelines esp. pages 9/10

Hi

Just to say my top up "Buy" 239208 @ 9.36am is showing as Sell

Hi lti

I agree with you in about Barratts but as I said a " blanket ban" -you were being specific.

I would not agree to a blanket ban on the building industry.

I hope you agree.

Hi lti

Each to their own. I just do not like any company taking a blanket stance on legitimate business opportunities. Quite recently certain Banks appear to have become moral arbitrators & overstepped the mark, which is not their function.

In refusing to finance certain projects they appear to be making a moral judgement when in fact it may be only an opinion.

Hi lti

I also think there is some relevance to Lloyds re Oil.

Lloyds has undertaken not to finance new oil & Gas projects which to me seems very short sighted & overlooks good money making opportunites . Another example of virtue signaling & ESG agenda at the detriment of shareholders.

https://www.banktrack.org/article/lloyds_banking_group_commits_to_not_directly_finance_new_oil_and_gas_fields

Hi Elco-Thanks for taking timeout from your sunbed/drinks to reply.

I have read your post (29th Aug @ 9.51) which was interesting.

Taking your figure of $ 435273821 over 4 yrs DMS- ie 1088181845 pa. divided by the number of shares at present in issue 17022M = 0.006393 multiplied by a conservative p/e of 13.89 for the mining sector =0 .0888 cents per share = 6.93 pence per share.

I find it hard to believe my calculation is correct and this is only for DMS not taking into account the flotation plant when it comes online.

Can someone either demolish my calcs or confirm ?

If BA achieves the condition that "Production of 175,000 tonnes of spodumene concentrate from Bougouni." to receive his share options the revenue per year would be $561.75M @ a price of $3210 per mt.

https://www.metal.com/Lithium/201906260003

Has anyone the expertise to estimate the yearly profit & share price from these figures?

On 18 August 2022 the Company granted Share Options to certain directors and senior management in accordance with its Management Incentive Award Plan

Options over 130,000,000 Ordinary Shares were issued to Bernard Aylward and over 25,000,000 to Mohamed Niaré (Country Manager). The Share Options are exercisable at between 0.3 pence and 0.38 pence per share and carry vesting conditions that are linked to the achievement of the following milestones critical to the development of the Bougouni Project:

• Securing of finance for the Bougouni mine and completion of all Mali Government Agreements,

Update and Variation of Mining Licence and Environment permitting in relation to the Project

• Receipt of funds from first sale of spodumene concentrate from Bougouni within 18 months of receipt of finance

• Production of 175,000 tonnes of spodumene concentrate from Bougouni.

Looks like BA is well on his way to getting a justified reward for his hard work. I take it from the conditions of the award that us shareholders will also also handsomely rewarded !!!

Hi Johnnypc

I have been invested in KOD for sometime & have read your posts which present a consistant negative cast on on KODs prospects & the situation in Mali.

My view is that even though there have been delays progress has been made since the January RNS re the funding package-$7m deposit-Joint co set up transfer of licences & most recently an advanve payt of $3.5M to keep works progress on track.

There have been repeated assurances via RNS that Kod & Hainan are fully committed to the joint venture & also by media by BA & Hainan. So much work has been carried out by both parties that I just cannot see either withdrawing. Hainan needs a steady large supply of lithium for the plant it is building in China.

As regards the situation in Mali I have made my view known in my previous posts that China has given its backing to the project & that will carry great weight in the Mali government.

I believe that China will not look kindly on anything happening that threatens its interests.

In all provided that the Malian government receives a fair share of the revenues for the benefit of its people imo this will even if there is a further delay, proceed.

Hi Gunsup

I get a local Gov. & Civil Service Pension. Quite a few years ago increases in my pension were changed to CPI & for 2 years I did not receive any increase.

Just thought I would put this on record. I must say I was not happy when the Government changed the increase but thats how it goes. It saved the Exchequer a lot of money !!!

Is this of interest?

https://www.oedigital.com/news/504833-falkland-islands-argos-resources-plans-to-wind-up-company-after-sale-of-sole-asset-pl001

It's mushroom time again-wait and see. Nothing on Icsid since 10th July & as normal nothing to report from Rockhopper.

https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/17/14

Tory Policy is: Net Zero

Labour Policy is: Net Zero

Liberal Policy is: Net Zero

Sorry not very original

The Chinese government approves all investments abroad & Hainan is building a factory for which it needs a steady supply of Lithium. Also I do not think the CG would be happy if something interferes in their strategy.

Just a thought from someone who has been watching for sometime.

Would you want to upset the Chinese ?