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Also re others saying they’d be disappointed re 1p if buyout. I’m with you but AIM has disappointed me on a number of occasions and some valuations baffle me on market cap. Let’s hope long term hold works out for all 👍
Indeed happy to point out if I’m wrong but I’m not aware of any other junior miner that has zero debt, with more than a fully funded JV for exploration activities plus being able to pivot off 2 different elements. Pretty amazing tbh. Early April could be tasty as I’m waiting to load in to my ISA and imagine others may well do too.
I do agree re the excellent presentation. However 2 things I believe should be addressed. Firstly the price pt of $2kpt I do see as rather optimistic based on where we are at. Maybe better off based on $1.5kpt? And also no mention of the status of mining license transfer to KMUK. I’d like to know where we are at with this.
Just wondered if you have any idea when Leo will be lifted on suspension as that will benefit both Leo and Kodal? Are you expected it to be lifted in the next 2-3 months?
Don’t blame you mate, agreed. Hope you’re in a better mental place 👍
Https://twitter.com/agroasx/status/1760879420691394962/photo/1
For those of you not on twitter another ASX miner cutting production significantly in 2024 due to low prices.
Ps as we know kod at current prices still make a profit but would be good to have some stability as been so much volatility.
Long term hopefully does stabilise
https://tomorrowsaffairs.com/is-the-lithium-market-entering-calmer-waters-after-a-historic-plunge
Wonder how jpc’s short is doing now 😂
Aha I see your short is getting burned!
Worse than here Daz? Blimey it must be bad!
I don’t usually agree with the yahoo content but this is a great interview.
https://finance.yahoo.com/news/crashing-lithium-prices-turn-the-industry-from-euphoria-to-despair-whats-next-184543769.html
Hi sleepy,
Yes I do agree with lav’s comments here. For me the biggest thing is that it shows kod is being played by traders. They won’t want to wait for a year as they are an impatient bunch hence they can try to make some gains elsewhere and then potentially move back into kod nearer production.
Fundamentals still incredibly strong, who else is not only fully funded but has a load of exploration funds? Who else can pivot across lithium and gold? Not many.
Traders are playing a risky game here, yes kod has significantly declined in share price but remember how quickly it rose last April. I’m confident we will see gains quickly again, just don’t know when that will happen. Remember 12 months (heck even 15-16 months) isn’t long to wait if you’re holding long term.
I’d be a lot more concerned if we were riddled in debt or are running pilot mines, but we are not. Plus the lithium price as Lav has said at current levels we are still profitable.
It is frustrating to see the big decline in sp but I also see this as a time to top up.
What are you on about you fool? Clearly others aren’t in the dark? If it was negative it would have to be released in an RNS. I’m gonna be so happy when your short is rinsed, and you lose a fck load of money. Do you even know how much profit kod will be generating at current prices? Do you know how much gold revenue we have based on current resources? Thought not, muppets will be screwed long term. Can’t wait to wipe the smile off you face.
Sorry swazers but my prediction is your a cnt and gladly I’m correct.
If anyone shorts it I’d love Bernie to release a monster RNS and burn the hell out of them. Short at your peril!
Haha Lav almost spat my coffee out. Spot on.
Https://twitter.com/PeakAsset1/status/1759064292165664898/photo/1
If you have twitter…
https://twitter.com/TheBetterBull/status/1758587400346108291
If not Goldman Sachs who are one of the biggest lithium bears have been loading into lithium shares. Never trust the investment banks…