Member Info for elcobbledore

Spod price also holding steady for now at more than double what kodal has forecasted. I’m excited about the long term here. Just remember the smile of Bernie’s face in those videos, he knows what kodal is sitting on.

IMO you’re a tool. Read the RNSs ffs.

Same, I have no worries at all. Long term this is a £500m plus company when all the analysis is done. Based on kodal having 39 per cent of KMUK profit based on today’s lithium cost for DMS build is £557m over 4 years, which doesn’t include over £500m of gold nor when the big plant comes in after DMS nor any upside in resource. Defo still a long term hold for me.

Here we go taking a weekly view it’s still showing strong buy. So many idiotic muppets about right now, clearly trying to scare you into selling. It may work on some, not me though. Profit to kodal of almost £700m over just the DMS over 4 years, and that’s just the start.

https://m.investing.com/equities/kodal-minerals-technical

I have filtered the stupid cnt. Suggest you do the same, he’s unwanted wherever he goes. He is like an eggy fart after a vindaloo.

Just do your own research ffs rather than post utter rubbish on the kod board. Hainan, part of fosun group, one of the largest mining groups in the world. By the way DMS build cost is $65m they are giving kodal $117m so not sure you’re clever enough to do the maths on that but means kodal has a ton of extra funds to explore and add to our lithium AND golf resource. Now do us all a favour and do one! Stick to your poxy pilot mine (if you know the difference it comes with way more risks than the kodal way).

Folks just best to block these idiots. They are just sad they have backed the wrong horse and need to get a life.

Https://investinghaven.com/lithium-investing/the-lithium-market-is-bottoming-a-new-lithium-bull-run-is-looming/amp/

Interesting article 👍

Hi all I’ve plugged in new lithium price into my calcs.

If these hold (who knows) here are current calcs.

Just over a 4 year period for DMS (big brother plant isn’t included here).

Total revenue 130k spod £428m per year.

So over 4 years £1.7 Bn.

Total cost of this is estimated at £285m ie $65m DMS build plus c1 and selling/transportation cost.

Total profit therefore £1.4 Bn over just 4 years.

Kodal’s share of this is £699m. We may have to give a bit of this to the Malian government.

This is only for the DMS build over just 4 years so doesn’t include the bigger plant to come online after plus doesn’t include any upside in tonnage plus doesn’t include any gold.

Undervalued? I’d say so!

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

Now over $4,100…more than double what kodal has forecasted 🤑🤑🤑

Also unless I am dreaming it, isn’t there appetite and potential to kodal mining to branch out into other African countries which could be a game changer. It may well have been a dream!

Hi Okawashy, I’m mostly in Kodal but also have holdings in firering, bradda head and cadence. If I had my time again and would want to invest elsewhere I’d probably go with Atlantic lithium. More along the journey than the others and a decent project but don’t have a license yet. I’ve invested mainly in Kodal as I always saw this is the best investment. Good luck whatever you choose.

Okawashy hope all is well and you’re enjoying those awesome NYC jazz bars.

Yep cheers for the info Daz, shows true commitment from kodal and Hainan to get the deal done asap. Some things are totally out of their control.

It’s because it’s bang on the mid point. 0.79 to sell 0.82 to buy, was at 0.805 so therefore could be either. I can’t tell if it’s a buy or a sell. Hopefully a buy.

Good news folks…broken the $4k barrier so whilst it’s less than it was 12 months ago, Bernie has assumed $2k per tonne in the calcs, at $4k that’s over $2bn revenue in 4 years of which kodal gets 49 per cent. And current market cap £136m! Plenty of upside of come.

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

Yeah thanks Merc, a great summary for potential new investors.

Yeah guess we will just wait and see. I too really hope the timelines doesn’t slip but if it does then so be it, I’m in kodal for the long term.

In other news spod prices continue to rise…almost $4k per tonne vs the $2k per tonne kodal has assumed for the 4 year DMS plant. Great news.

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

I really don’t understand all the pessimism. If they release an RNS stating there is another delay then fine but why are people thinking there will be another delay without any accurate information? We can only go on what we are told and as it stands the money is due in by end May. They don’t want egg on their faces so will do everything they can to meet that deadline.

Yeah true although I’d rather him under promise and over deliver on price vs timeline, hopefully news in the next couple of weeks.