Any idea what this could be for? Could it be voting on the new mining company in the previous RNS? I have no idea so might be nothing and just a process that has to happen. Any thoughts appreciated…
Also common sense dictates the market cap is ridiculously low. Top 10 lithium resource in the WORLD market cap sun £50m…when people realise this and word spreads the SP should rocket once the revised numbers come in. So I’m going to top up whilst I can…
Interesting post…although doesn’t it take quite some time to get into the production phase (ie a couple of years?) I do not know hence why I’m asking so would appreciate more of an expert view…cheers
Yep I can’t be bothered with negative stuff. Look if you don’t want your seat at the table then sell. I am definitely holding as expecting big gains when the revised FS comes in.
Yep I was surprised about the lack of rise when license was awarded in Nov. Maybe this was missed by the market who knows. But I’m confident in that long term the price will be substantially higher than today. I’m not going to put a fig on it as so hard to predict but we are in the top 10 of lithium projects priced with a market cap sun £50m. That clearly isn’t right so should rise over the medium to long term as our assets are incredible and that is not going to change.
It’s just a tough wider climate, Kodal is holding up v well when comparing to other shares…and should rise considerably once revised DFS news comes out.
It would be ideal time to drop big news for sure at a conference like that, but who knows what the updates will be. Hopefully fully updated DFS after LiDAR has been completed and interpreted… fingers crossed…
I would also say today has been relatively a superb day…look at a lot of other stocks that have had a woeful day. No doubt when the news hits this should rise, it’s just a case of how much, in my opinion.
Yep I’m a little puzzled especially as more buying vs selling plus the £345k buy. Regardless I’m holding and expecting a big rise once revised FS is released.
I was wondering the same crumbles, almost £1m bought today so just imagine when the good news on a revised FS drops…definitely a long term hold this puppy imo