Member Info for elcobbledore

Reggie can you tell us how much profit kodal will be generating for the DMS and floatation based on the current lithium price and the AISC?

V good RNS, short and to the point! Everything falling into place nicely. Clearly have local support too which is important. Surprised again re constant confidence in Q4 production, would be great if that could be done. Great job Bernie Steve and the rest of kod so far.

And re my personal expectations yeah anything 1.5p plus. I’d be v happy with anything northwards of 2p and ecstatic of 3p plus. But no backing these figs up, a TO may well not happen. We just know kod is hugely undervalued right now and M&A will be hot in the lithium space.

Really hard to predict tbh, a TO is certainly not guaranteed. Personally I can’t see Bernie entertaining any offers sub 1.5p when you analyse the potential value. But don’t think a TO will come until more has been added to the resource, they are keen to hit 50mt. I think it could well come once the DMS plant is up and running.

I’m just glad we have someone like Bernie at the helm, bidstack shareholders well and truly shafted. Feel sorry for them, can happen though.

I agree Daz I think it may come at some point. Don’t think Bernie will entertain any offers sub 1.5p but we will see. As he has always said, it’s a fantastic project with lots of interest, he knows he holds the cards.

Https://cnevpost.com/2024/03/20/china-nev-retail-335000-in-mar-1-17/

I do find it genuinely refreshing that kodal is part of helping the community and giving them a better life. Not many companies listed on aim can say that and only look after themselves 👏

Nice one clapa holmes 😉 great find!

Folks let’s not do the whole prem vs kod thing. I am heavily in kod but wish all the best to prem holders. No one wants to see PIs lose money. Hope it works out for you all

Hi all, thought it would be useful to provide an update on figs.

Assuming av LOM $1.5kpt selling price. C1 cost and selling and transportation cost total $561 pt based on an old RNS (can’t remember exact date). Mali get 15 per cent and Kod get 49 per cent of what’s left ie 90 per cent = 44.1 per cent of the pie.

DMS profit for Kodal £139m over 4 years at 125kt spod pa, based on $65m build cost.

Floatation profit for Kodal £631m over 10 years at 230kt spod pa, based on $325m build cost (took from Leo combined stage 1 and 2. Atlantic build $185m so maybe too punchy).

Current market cap under £100m.

Assumes no value to gold either which is at a record price (think saw previous MRE many years ago on Fatou was 350k Oz current value £605m).

So incredible potential future value and massively de risked as we are more than fully funded with one of the biggest miners on the planet.

I’ll be drinking some vino at lunch in the sun!

Andii question for you, name another aim share that is MORE than fully funded and has many millions of pounds for further exploration? And can pivot across lithium and gold?

Freetrade is cheap but doesn’t have some of the tech like bed and isa which I’ve been burned before trying to max isa when price moved a lot. Not a bad trading platform though, good for newbies

I don’t pay too much attention to those but I have latest price target of 1.85 which I think was from Canaccord? But would take those with a pinch of salt and Dyor

I’ll be honest I don’t give 2 hoots about Maru, go and jizz about it on your own board. This is a kodal board so stick to kodal.

In summary looking to complete ratification, off take, listing on Ghanina stock exchange and MIIF funding in Q2. Everything lining up nicely.

Https://finance.yahoo.com/news/shell-to-unload-1000-retail-locations-in-pivot-to-ev-charging-141517030.html?guccounter=1&guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAAEdhVOML5QHSzdfQEwSGxH6Xom663Ani1P1DN8ojvmYaBlRHOEwvPF-O5__Guk9F1e6-9a-dihE4_0lz7INJ0j9dTfK0RDZWlvn7H-V_Yy1I33B_uz28bxp05tDouido_-L9RPFofAc7y3lHh_AFhDO-qJL4g17miAXPLkfh9hmQ

Guys I suggest we all email info@lse.co.uk and say JWBellamy should be banned. Managed to get that done for JPC and his posts are incredibly misleading for new investors.

I do agree sharespy I guess anything can happen. I wouldn’t be surprised if Hainan did make an offer if we get to 50mt and the lithium price still relatively low. But I am pretty certain about one thing, Bernie will bash away stupid low ball offers. If sensible offers are made they no doubt will be considered.

Interesting point, I’m not an expert on how the MMs operate, I thought it would be some sort of algorithm based on sells vs buys? Or could they deliberately ensure it’s under X amount?