Member Info for elcobbledore

It’s not too long away either, a MAX of 21 trading days, I’ve re read the RNS and I really do think funding will land in Sep, as someone else mentioned no mention of the possibility of extending further which is different to the other RNSs

To be fair merc I haven’t seen another aim stock that has comparable strong fundamentals (big one for me was ZERO debt) in a market that’s only growing, and is sub £100m market cap. I’ve already gone big and am holding, it’s so hard to trade aim shares imo. It can be done but not for me, so easy to make errors and miss out on big swings.

That’s a great average well played. Good luck to all LTH and new investors here!

And remember Hainan due to pay 0.5 so clearly want a return on that

Expecting a blue finish today

Also says ministry are willing to provide assistance? Is there something out of their control that’s holding it up? Guess we don’t know all the conditions.

I agree that the wording seems like it’s the final one but hey who knows. It’s in everyone’s interest to get it done asap. Defo top up time for me! The good news is they have been catching up face to face so clearly want it done soon…ie Hainan and kod saying look we’re gonna make you so rich.

Https://stockhead.com.au/resources/sprott-looks-like-its-going-long-on-lithium-miners-and-heres-whos-leapt-ahead-this-year/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter-08-28-2023&utm_content=httpsstockheadcomauresourcessprottlookslikeitsgoinglongonlithiumminersandhereswhosleaptaheadthisyear&utm_medium=email&utm_campaign=Morning%20email%20Tuesday%20August%2029&utm_content=Morning%20email%20Tuesday%20August%2029+CID_566134d2696c46d9d428bd7e9f4fa73e&utm_source=Campaign%20Monitor&utm_term=Sprott%20looks%20like%20its%20going%20long%20on%20lithium%20miners%20and%20heres%20whos%20leapt%20ahead%20this%20year

Also Dazgard yeah me too absolutely no point selling at these low prices. Long term hold all day, lithium demand will continue to be strong for many years to come

I think from memory it was 130ktpa? Out in Spain at the mo on hols so don’t have the usual calcs to hand

Https://www.cnbc.com/2023/08/29/a-worldwide-lithium-shortage-could-come-as-soon-as-2025.html?__source=sharebar%7Ctwitter&par=sharebar

Https://www.reuters.com/world/africa/mali-president-signs-new-mining-code-bid-raise-govt-stake-2023-08-29/

Mentions that some gold providers have been sneaky about receiving tax exemptions. I’m all for Mali getting a decent slice of the pie. Hopefully will benefit their economy and increase wealth (giving away only an extra 2.45 per cent, potentially another 9.8 per cent but would have to be paid for not free.)

Hi all,

Thought would be useful if I would update the latest calcs in this waiting time….

Assuming spod price of $3230 pt and exchange rate of 0.79.

DMS plant 130kpa processing over 4 years, total revenue of £1,326,884,000, total cost of £281,808,800 which includes $65m build and assuming c1 cost and selling transportation costs of $436 and $125 pt as per RNS. Kodal’s profit is therefore 41.65 per cent of the total profit of £1,045,075,200 ie 49 per cent of 85 per cent (assuming the additional 5 per cent too for local governments) = £435,273,821 over 4 years.

The floatation plant should deliver the remaining vol ie 1.42mt. Using the same calcs, plus build cost of $325m (used Leo) Kodal’s profit is estimated at £1,140,099,694.

This is using current spod price, even at $2kpt it’s still v profitable. Plus assumes no increase in resource, seeing as Leo had a massive resource increase I think we will be in for the same. Plus we’ve got a load of gold, at current prices over £500m but loads of work to do on that. Hope this helps shows everyone kod is v undervalued!!

Also I reported a certain individual’s idiotic post (you can guess who) and it’s now been removed, just clogging up our board with shte. I never usually use that function but maybe it does work after all.

Https://www.reuters.com/business/autos-transportation/chinas-byd-h1-profit-rises-2047-deliveries-break-record-2023-08-28/

Absolutely, anyone who had shares pre Jun 2014 may be underwater but all other LTHs are in profit (of course bar those who have bought between Apr 2023 to now may be sitting at a slight loss but they’re not LTHs). I’d avoiding listening to his garbage he’s earned a green box!

I do think we can have a look at previous trading history. Kod went from 0.38 to 0.88 in a few weeks based on the hype and expectation funding was secured. This didn’t happen so it’s slipped, which is no surprise. Using the same ratio, if we do get positive news tue/Wed/thu and share price remains stable we’d be looking at c 0.9-1 over a few weeks. Personally I think we may get an extension but lithium hasn’t gone away, fully expecting an uplift in resource (hopefully world top 10) once further drilling has been completed.

Unfortunately this board has turned into a sht show, used to be good and informative. Some new nobheads coming on saying don’t buy this rubbish, avoid etc, come up get a grip and grow up, do you really think people are gonna listen to you? Where is your data supporting your sell sell sell argument? Fundamentals haven’t changed whatsoever it’s just a waiting game.

Also from a very basic stripped back view, Hainan have committed to buy £14.6m worth of kod shares at 0.5. They are not stupid, they are very astute business people so will absolutely want a return on this. So anything sub this is a great buy in my opinion.

Yeah we all know he’s a moron and like an eggy fart after a vindaloo. Best to filter, not worth your effort.