Member Info for elcobbledore

Is this actually allowed?? Seems like they’ve shafted us kodal holders royally here on Nielle..,

Mohamed Niare is also at castle but country manager for kodal.

Perhaps explains Steve stepping down to a NED? Pretty poor tbh!

It doesn’t matter, China is way bigger and hoovering it all up

If Gold Is Falling, Why Is China’s Central Bank Still Buying?

This is the signal most investors will miss. According to the World Gold Council’s May 2026 China gold market update, the People’s Bank of China added 8 tonnes in April. It was the largest monthly purchase since December 2024 and the 18th consecutive monthly addition. Official holdings now stand at 2,322 tonnes, representing 9% of total reserves. China also imported 143 tonnes on a net basis in March — a 49% month-on-month rise. Q1 2026 net imports reached 316 tonnes, up 333% year-on-year.

The People’s Bank of China does not buy gold based on this week’s yield. It buys to reduce dollar reserve exposure and position for a monetary system in long-term transition. China accelerating purchases in the same week prices fall is not a contradiction. It is exactly how sovereign buyers operate. When the world’s most strategically significant gold buyer is using the dip, that is worth knowing.

Good luck prem folks, never understood the prem vs kod debate.

Here is some positive reading on spod price…$4200 pt Citi forecast over the next 3 months. Should bode well for developers and producers!

https://www.livewiremarkets.com/wires/shares-in-lithium-developers-race-away-from-producers-as-investors-look-for-leverage-in-rapid-upturn

Https://www.livewiremarkets.com/wires/shares-in-lithium-developers-race-away-from-producers-as-investors-look-for-leverage-in-rapid-upturn

Wow citi says could go to $4200 pt over the next few months. At that level, profits are insane. We will see…

I can’t speak for everyone but I would imagine almost all shareholders would say yes if we are offered 0.8 right now. So we can move on and invest elsewhere.

Bfd I do see your point but it’s the Chinese, they want full control and it’s clear who is in the driving seat, it’s not us mere mortals!!

I agree mac, around the 0.8p mark. 48 per cent increase in resource takes us to 0.46p. Then add in a premium. I can’t see Hainan wanting to pay 1p equivalent ie valuing at close to £200m. Guess we will see and of course no guarantee they offer. But with the SP at a crazy low price plus other noise in the market who knows.

Good to see Bougouni gets a mention in Fosun’s business video (watch from 3 mins)

https://m.youtube.com/watch?v=SQXDw_Ut1Ik&ra=m

They’ve just spent £160m buying the chunky stake in fengrui. If they spent similar on kod I’d take it and move on.

It’s for members only but you get the picture…maybe we are next!!

Https://www.marketscreener.com/news/hainan-mining-to-takeover-majority-stake-in-fluorite-mine-operator-for-1-45-billion-yuan-ce7f5bd8dd8df225

Hainan have been busy

https://www.tradingview.com/news/reuters.com,2026:newsml_L4N41N01C:0-hainan-mining-to-buy-69-9-stake-in-fengrui-fluorine-raise-funds/

So in less than 2 weeks, 2 big deals announced in the lithium space, ALL and Zinnwald. Come on let’s get a deal with Hainan now at a decent premium!

Also no one is forcing you to hold the stock. If you don’t believe in future upside then sell. Don’t moan about it. I still think there is significant upside to be had here (been here for a number of years). Numbers don’t lie on profits.

Question….if Hainan did want to buyout the remaining 49 per cent of KMUK, why did they publish the resource upgrade? Surely you’d want to keep that quiet as it adds onto the value of the project?

Also I believe it was taken privately by Fosun in 2014? So it’s different. But Hainan via Fosun have significant purchasing power.

Here is what happened to roc. Not to say anything similar would definitely happen here but would be nice if so.

2019: Paid US$229.5m for 51%

• 2022–2023: Paid US$1.63bn for the remaining 49% (8.42% NAV premium)