Member Info for elcobbledore

2 months with no upgrade on resource and $1k per tonne…it’s currently $4k per tonne. Even if we use $2k per tonne that’s payback in under 1 month which is amazing

In effect price has trebled in a year which is crazy

https://tradingeconomics.com/commodity/lithium

Cheers…bought at 12 so making a bit on it, not a lot. Put almost everything else in KOD as the fundamentals are ace and v v attractive to investors. Good luck everyone!

I have no doubt financing is v v close. Look at Firering (I put £5k in here so making a bit on it) and bought it as a punt. They have just secured financing for $18m and they don’t even have a resource. Kodal is asking for $65m for a top 15 global lithium project with a payback of less than 2 months. Kodal is not a punt. The figures speak for themselves. I have no doubt he has multiple offers, he’s just working through the best one for shareholders.

For sure Lav, the sector is definitely bubbling away nicely so lots of opportunities for Bernie to do as he keeps on saying ie to maximise shareholder value.

Yeah agree, remember payback in a couple of months based on v low lithium figs. Using more accurate figs you’d be looking at payback in a few weeks, which is staggering!

I don’t think there will be a full buy out, yet. That’s what Bernie said in the last meeting and he is keen to get lithium out of the ground as he gets a bonus doing so. However I do think if it’s a high valuation he probably would agree to it, we will see! Musk has paid 44 billion dollars for twitter, surely he can stump up some decent cash for us? Who knows…

Yeah hope so Ledge, we will I’m sure be fine in the end. Just a bit irritating but that’s AIM for you.

Yeah bit annoying but for me nothing changes. Still a top 15 lithium asset significantly under valued so long term should do well. Would have of course loved the price to stay over 0.3 though.

https://tradingeconomics.com/commodity/lithium

Another record today for lithium prices!

**** the bed decent buy

Haha that made me chuckle urban…hopefully stays green from now on! Good news is we’ve not even had the updated license/financing so when that drops fingers crossed we will see a huge rise!

Yeah I’m similar to you Merc re percentage loss. Don’t worry though I like you am fully confident of KOD and I wish us and all holders the best of success! Almost all of my portfolio is in KOD. Lost a fair amount on Cadence which is a **** show, but can’t win them all I guess. Go KOD go!

You must be close to making some £ merc? Av of early 0.3s? That’s mine so it’s close to making some profit!

Still not in profit but v happy to be holding 36m of these bad boys

Wow I said our time would come earlier today before this kicked off haha. Come on KOD just the start…

Lots of stuff going on in the wider market, firering and Atlantic huge gains today. Our time WILL come there is no doubt to that. Market super hot and we have a top 15 asset that’s massively undervalued. Just a bit more waiting and KOD is gonna fly!

Hi TC, I think in the meeting they had a couple of weeks ago they said it would be approved in a few weeks, seemed to be a pretty minor change to be approved from what I took from it.

A lot of people got paid today so that could explain it perhaps. Not long until news I hope then a big rise (fingers crossed).