Member Info for elcobbledore

.3s soon

I think we will see this go into early 30s by next week (as long as the macro economic factors ie China and Taiwan don’t significantly mess up markets!)

Yep laverda I’m with you, they kept saying they want to beat Goulamina as it’s a smaller scale and they are aiming for 2023 to be up and running. Who knows maybe it’s more like 12-15 months construction and they are playing it safe saying 18 months? All we know is that incoming good news is expected and can come anytime now.

Ps yes a big announcement re possible funding, not sure when but should see huge spike in SP. I’m estimating this to be announced by end Sep/early Oct.

The 0.274 might even be buys

Looks as though Lse haven’t updated the spread, ie they are saying buys are between 0.28 and 0.29. This isn’t the case, sells c0.274 and buys c.0.278.

Wow, isn’t ours $1060 per tonne on latest NPV calc? If we can get even $3000 per tonne that’s an NPV of over$1.5 billion!!!!

Hi guys is anyone else a bit confused on timelines? They said they hope to be in production in 2023, but also said that the timelines to build is c.18 months from financing. Even if we were to get financing tomorrow that bring us into Q1 2024 for production??

Over 90 per cent being bought vs sold, let’s hope this momentum continues!

Haha no chance but I’ll take a low 0.3 number for sure.

I’m fully loaded and strapped in for the ride good luck all!

Not you mercman ??

I’m still holding my forecast of 0.6 by year end, and 1.5 in 3 years time

KOD will now stand for King Of the Deal

I think he means the brakes are going to come off

Good work mercman, prob helped bring your average down a touch, I am still around 0.31p, 32m, gonna be patient with this one…if I had spare cash I’d definitely top up!

Look at what happened with Atlantic, huge increase in resource so it is possible we have a load more lithium than current resource…who knows!

To be fair this isn’t accounting for Bougoni West which is unexplored plus isn’t accounting for gold plus is accounting for any possible increase in resource…so could be decent upside

Cheers Guido, I think you need to add the C1 cash costs of $362 per tonne onto the transportation and selling costs of $474 per tonne together to give total costs. NPV looks like a complicated formula!

Hi Guido I was wondering how you calculated 6p per share? I can’t get my head around some maths…as per latest RNS profit per tonne ($1060 - $362 - $474) is $224. Multiplied by 2,024,000 = $453.4m. Maybe potential buyers won’t look at that but look at NPV instead at $760m ($567m post tax)? If we look at NPV as a way of valuing then that’s £471m so 11.8x current market cap so 2.8p?? Maybe I’m wrong though…