Member Info for elcobbledore

Anyone understand what a DMS plant is? Looks to be faster construction (12 months) and cheaper so faster payback? A great update here just need the financing now…

The one thing is that KOD is a relatively stable share compared to others and hasn’t gone below 0.002 this year, and only then was for a few days. I’d say we will be at 0.0023-0.0028 until news drops, I’m here for the long term and we have a product in large supply that everyone wants at a silly market cap. Hopefully news will come soon but I’d prefer they take their time to maximise shareholder value.

Ok cheers, I suppose we just would like some sort of news on financing next…hopefully soon!

I think I may have found it on the latest pres. We are at PFS level and looking to get to DFS with ideally uplift in resource levels following infill drilling. Then final investment decision depending on if we go the JV route.

Hi all, I have a qu…do we have a DFS yet? Ie what is stage of the FS? I am right in thinking we need a DFS before the final investment decision? As such surely this needs to come in pretty sharpish if they want to start mining late 2023/early 2024?

Yeah same, can’t imagine it’s too far away as it was “tantalisingly close” a few weeks back. Am hoping we hear a bit of a update in the next few weeks and when we do I’m expecting a large rise…fingers crossed!

I know some people including myself sometimes get disheartened with Kodal’s share performance but the way I look at it is look at other lithium stocks right now, they are flying eg bradda, prem etc. So the way I look at it is our time WILL come. It’s just about being patient and we WILL be rewarded.

For me it’s all about infrastructure. There are only 12 stations in the UK to fill up with hydrogen mainly in SE, so there has to be a huge investment from governments and car manufacturers. Now that tech is helping car batteries become more and more efficient with a reasonable infrastructure I expect demand for electric cars to be way more than hydrogen cars for at least the next 8-10 years by which most of KODs lithium should be mined.

https://www.azocleantech.com/amp/article.aspx?ArticleID=1605

General consensus is hydrogen won’t replace electric…

Cheers yeah think I’m with you on it, buyout would be preferred but if it’s a decent well negotiated JV then that’s fine too. But yeah don’t think you’ll ever make the right call on exactly when to sell, virtually impossible to do that, I’ve had some bad calls before but good call being in KOD..good luck all!

Just wondered what other shareholders would prefer moving forwards and at what price? Full buyout northwards of 1.5/2p? Or a JV which might more long term upside but riskier? It will be out of our control but good to have some thoughts out there…cheers

No worries I put this up yesterday so feel free to click on the link there

Cash balance as at 8th July was £3.3m so a decent chunk

.30s

Seems to be a few people are realising lithium is where it is at. Eg Bradda, Firering, Atlantic all doing well today. Can’t imagine KOD will be early 30s for long…

Interesting article, could make electric cars even more attractive and good news still made out of lithium…

https://www.electrive.com/2022/09/13/adden-energy-achieves-breakthrough-in-solid-state-battery-development/

Up to you really, I’ve gone big here but I think I’d lean more towards KOD on the basis that I feel like Bernie is trustworthy. Also a deal in theory is just around the corner so should hopefully see a decent upside soon. Also looking at share charts, Prem has already had a decent rise in 2022 but KOD hasn’t so I think the return could be better at KOD but I think both are decent buys, anything in the lithium sector is hot.

Interesting read on demand significantly out pacing supply for many years…

https://www.teslarati.com/piedmont-lithium-not-enough-lithium-u-s-demand/

Anyone else had the unfortunate event of investing in cadence? I’m down 70 per cent there and it’s ramp central, dealing with a lot of clowns. I’m hoping KOD can help me turn the tide

I’m Break Even for KOD and down almost 70 per cent as I sincerely regret listening to the garbage coming out of your mouth jimb