Member Info for CRK22

Fastjet, yes I was, I submitted a few. I am also one of the people who BA does not reply to e-mails even throug they are polite, well construct, reasonable and do not ask for any response which could be construed as market sensitive.

I feel it’s about where it’s meant to be. May settle a little lower as volume recedes but MOU has I geeked installed a better support base for SP. anywhere above 0.07 is a step forward from a few short weeks ago.

The fact remains this is a highly speculative investment.

The upside reflects the speculative risk and reward. The downside has shrunk over 18 months reflection the destruction of value for LTH’s.

A spike and some residual value has attracted some new names to the BB and at least swinger has some numbers in his posts reflecting some research but the NPV has significant hurdles to overcome which clearly affect market sentiment.

I’ve held a position here since October 2018 and my main experience is to take nothing for granted.

Onwards and upwards we all hope.

Revenue = Vanity
Profit = Sanity

Excerpt from an article I read recently. Applicable to investment decision so paraphrased as such.

Three valuable questions important for keeping an open mind as to next action in any investment.

Why am I believing this?
Why am I behaving this way?
Have I thought it through or am I simply taking a short cut, following the party line (of posters with whom my views have aligned), or justifying the effort I put in to align myself with the group?

GLA

That’s entirely your call frank and filter people away if that’s what suits. I prefer to not lose the opportunity to consider whether I’m missing something in the bigger picture. Far better imo to have a list of pros AND cons that a little research can confirm or reject or leave in the at risk category.

Asking someone to not post just because you don’t like their content is odd considering you are able to filter them. Why should they comply and impact my opportunity to consider a wider range of implications?

Worth thinking about.

Note for BiB re: squaring the circle. The fact you know the circle can’t be squared should give a clue to posters that although you post negatively on KOD you’re certainly not green. A lot of folks won’t read anything into your squaring the circle response. They should use it as an indication (whether they agree with content or not) that there is some experience in your posts. I liked the simplicity of the response.

Exc lent news Daz, good results in Mali for lithium all adds to the sentiment for investment in the region.

Erm I’m hoping you me “we” as in KOD and multi billion company as in Sinohydro rather then “we” as investors and multi billion company meaning KOD in any way shape or form.

Lol,

LB”28” - I’m not saying you use them but that and indeed my own CRK”22” give the impression I guess.

Anyway,

Volumes still large compared to normal daily
Riverfort position cleared
Warrants for 100k at 0.048p potentially short sold earlier this week would account for volume but of circa 200m shares Which would need to be used to close short position (though I don’t know the accounting of this)

Encouraging nonetheless. I’m not prepared to second guss this share as it’s been confounding , I may just put a bag of popcorn on.

How’s MLL looking these days Daz?

Come on Fosters , predictions like that require basis. Too many new names skewered on last week’s spike to be advocating rollercoaster here fiven KOD history of last 12 months or so.

I would be happy to see

1) Volume for the day >350m
2) More buys than sells
3) Blue finish

In absence of new news what IMO this share needs is sustained volume and creeping growth to inspire confidence in some different support and resistance levels to the ones we have recently “enjoyed”

LB bounce unlikely until next news imo

Cheers for the reply Gecko it’s appreciated. You haven’t caused me any distress personally but for context seeing a share issue an MOU style RNS then have avg daily volume go from 61m trades to 2bn trades per day signals a frenzy based on sentiment rather than a shift in fundamentals. A lot of people new to the share invariably jump in and it’s invariably fellow investors already positioned with volume or sp avg or both or just looking for an exit who wind the bird up with expectations based on not much. Momentum traders can be good at it but they rely on others to provide the momentum and they know when to hop on and off.

The mess they leave behind they don’t care about so I’d advise a bit of sensitivity in posting as plenty will have been spiked on ill informed hope. Intimate familiarity with this share showed LTH’s mostly knew the score last week but put forward a reasoned view of the share during frenzy time and it invites the “ramper” “deramper” cycle of abuse and it’s not worth getting stuck in the middle of it.

Good luck in your investments, look before you leap.

GLA

Gecko,

Baseless accusations, 3 posts in KOD in last 30 days and no posting history I can speak of here to suggest you know anything about the fundamentals of this company. Sounds like you’ve jumped in without looking but a pump and dump I’m certain this was not.

Your posts aren’t reading well and not adding to informational content on the BB and only serving to wind up people who rushed in too quick who are left hoping for a second peak to get back out on.

FWIW peaks have been Jan 29th, June 5th, Sep 1st so good news on this share can be months in between.

My view in dilution in these types of company is “factor in for x” where in KOD case I took to be 40% on the 9.7bn shares at that time. Unless cash rich or with revenue stream there’s only one way to end up with any pie and that’s by selling pieces off to fund for the ingredients mate otherwise we own a big fat zero. If NPV etc doesn’t stack up with dilution factored in it’s not worth bothering. Anyway, in Lithium space we are living in interesting times.

Was a good move by MLL imo Daz. Revenue will help with their options as things unfold there

Have you considered changing your posting style to include an actual subject title? It’s not particularly endearing and the only mystery is why you do it.

BiB

Fibonacci support points on weekly data are

S1 at 0.07 (0.04 on monthly)
S2 at 0.05 (0.03 on monthly)

This sp settling after spike is as per usual. Lots of time between now and end of exclusivity to see how this continues to play out

20% of NPV of $200m = $40m USD say 0.81 percent exchange = £32.4m / 11.3bn shares = circa 0.28p share price as an end game. Based on history of KOD and the remaining challenges to get to production I will be prepared to bite the hands off every shareholder of the entity to make the offer. IMO that would be a big win for a large % of KOD holders with the exception of those buying in on 2017 style spikes (and let’s be honest although there may be a few of those holders left they won’t be holding many shares at those buy in prices and won’t b in a position to vote anyone down on such an offer SC as main holder an excepted).