Member Info for elcobbledore

Yeah that’s the thing with aim stocks, often valuations are so wild. I do think cadence is massive undervalued but who knows if the market cap will eventually reflect this..

Genuinely what is a decent forecast of share price for say end 2024? V much finger in the air of course and I did buy at 32 so got some way to go, but LTHs must be incredibly frustrated. It seems there could be a lot of upside but SP has been lagging somewhat. I am going to continue holding and hopefully at the very least can get my money back but hopefully we can all see some positive action over the next few months.

Yep both Mali and Chinese governments need to ok it, don’t see why they won’t as it is in their interest to proceed.

Hi all, there were a few earlier this arvo showing unknown but with same volume in negative. Does this mean someone is trying to buy or sell but not being able to get it matched or they are dummy buys/sells?

Yeah it’s garbage…I loaded another buy in today!

Yes Roman think you might be right, it might have been the carrot being dangled ie if you fund, you’ll get your money back in 2 months at low lithium prices. In summary a massive amount of profit to be had, way above current market cap, plus doesn’t take into account any gold either. Have a good day all, few more weeks…

Sep RNS shows total cost per tonne of $647, so total profit on that volume of $186m, of course once payback of 2 months has been achieved.

Yep I’ve checked and all calcs were based on $2,080 per tonne, at those prices payback in 2 months on the $65m DMS build again from memory…but in essence Bernie has been v clever with his assumptions. Under promise and over deliver…

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

In essence whilst this is 6 per cent and I think Kodal will have 5.5 per cent, trading at $5,400 per tonne today. Kodal’s calcs have been done at $2,080 per tonne from memory? So still way above initial calcs.

Ok cheers sounds like I need to try the Kia out. Most stunning car is the lotus eletre I think, not driven though. Let’s hope it drives as good as it looks!

Wow I’ll have to give EV a go. Love my CLS 63 though…but times are changing and happy to give it a go! If we win big here I’d love a Taycan!

Interesting article on hydrogen challenges…and in latest of top gear says Toyota is winding back on hydrogen apparently.

https://www.thecarexpert.co.uk/why-hydrogen-cars-are-not-the-answer/

Yeah agree Lav and Paris, kodal has huge potential and as we know considerably undervalued. I’d expect drilling to show additional lithium resource. It is aim though and as we know potential doesn’t necessarily mean high market caps. But as I’ve said before Bernie secured one of the best deals ever on aim which has massively de risked the project and in theory some big investors will be more willing to buy in now.

A nice slow build up 9 per cent in 5 days. Happy for this to continue…although ideally want it to stall prior to when I can max my ISA on 6th Apr!

$100m

Starting to rise nicely…just think what’s going to happen when we get the €100m in by 30th April, gonna explode!

I think some people are just generally more conservative nowadays and want to see the stuff out of the ground before they load in. I prefer a bit more of a gamble, higher risk absolutely but also higher reward. Sebo I’d be amazed with a 6 month build, I think will be more like 12 months without delays from receipt of funds. Still that would mean producing in c. May 2024 which isn’t that long away.

Me too mercman! The race is on haha!

Yeah think you’re right splatted that maybe enough people report and automatically gets removed. Thank goodness!

I’d love it to be as high as those figs for sure, but you never know being aim…for me min 1p, which is 2.5x where we are currently at. Once we’re producing in theory should be quite a bit higher if lithium prices hold which they’re forecasting to do so. 5p would be in my dreams, not saying it definitely won’t happen at some point but I prefer going in more pessimistic scenarios so that I’m not disappointed. Also as merc has said we haven’t priced in gold which should add further value, no idea how much though.