Member Info for elcobbledore

2 x 1m buys this morning. Someone loading in anticipation of a rise.

I think we need to bear in mind Bernie has a ton of shares so it’s also in his interest to get this over the line/a decent buyout offer if it comes

Yep final results were delivered 27th June. So worst case no news until 27th June ish ie final year results.

I think with export license yep should be worth more, as then kod are able to actually sell the product. Spod price simply HAS to go up from where it is at some point. Hardly any producers will sell profitably at this price.

Hopeful fundamentals will play out here, easily one of the best based on this vs market cap

Also Mindflair has a low volume of shares 527m. A lot of other players are in the billions. So if a lot of holders plan to hold for sometime (like me) then there will be little volume available for those keen on buying. Cpai is moving on no news, and after scgl anything can happen. I think we may see realisation of Napster (was IR) probably sometime next year according to comments made by their CEO back in March. No doubt they’ll look to buy up more companies and bigger fish like meta/google may want to snap them up. Hoping patience will pay off here big time.

From general podcast etc that I’ve been listening too the consensus is that long term spod price needs to be at least $1000 pt for it to be worthwhile for the majority of miners.

Yep exactly just look at cpai today on no news…undervalued…yep we are!!

I’ve just replied to the kodal tweet with this so hopefully they will retract, apologise and reissue.

Cpai continues to do well, really hoping at some point we do the same!

I can tell you that I reckon Bernie is absolutely furious about the false Reuters article. I wonder can legal action be taken? I imagine not but how on earth can Reuters get away with it?!

Yep agreed George. Realistically the lithium price is at the lowest it can be for anyone to make any profit. So it’s only a matter of time it increases. Even at $800 pt kodal is viable. Many others make a loss. And it’s good quality too. 99.9 per cent of junior miners never get this far. I’m proud of what the team has managed to achieve in one of the toughest regions to do business. I’m expecting export license to be granted in the next month or so, achieving nameplate capacity in the next couple of months, 20k tonnes being able to be exported to Hainan, and resource upgrade to 50mt plus by the end of the year. With the resource upgrade I feel that Hainan may offer a buyout (I’d expect 1p plus). Then focus on the gold. So therefore I’m expecting a decent re rate at some point.

Yep fingers crossed, it is pointless just having spod sitting there and not being able to be exported. I get that Mali govt are probably a bit frustrated the price of lithium is so low, but it’s the bottom of the market. Makes sense to benchmark it on the current market rates. Prices have to be c $1000 pt or else for long term supply to be viable for producers. And at that price kodal makes a decent profit. Not many will though.

Quite frankly no surprise they are annoyed. Without investment Mali will no nowhere so it’s hugely needed. I think kodal has a great relationship with the Mali government and the export license I’m pretty sure will follow.

Problem is journalists don’t give a toss and will gladly mis report. But clearly some people pay attention to media speculation. Hopefully the export license is granted shortly. There should be repurcussions for poor journalism but they always get away with it.

Howard05 I suggest you read the latest pres. £17m in cash, so would take a long time for us to run out of cash with operating expenses.

https://kodalminerals.com/wp-content/uploads/2025/05/Kodal-Presentation-Engage-Investor-presentation-May-FINAL.pdf

Ctai moving, it’s about damn time we do!

Could more interest be because of cpai doing well? Hugely undervalued here imo. Should be 2p plus really.

Ok ta Lav, he’s ticking all the boxes that are important. I do think and hope there will be some recovery in the share price at some point. Certainly when the upgrade is announced in Q3

A qu for the techies…he mentioned some product is coming in at 6 per cent and some at early 5 per cents. How do you optimise the plant to boost recovery rates and ensure it’s producing a great quality? I’m not technically advanced on this sort of stuff, I imagine it takes a lot of knowledge and tweaking?