Member Info for elcobbledore

Hi Lorcun it’s extremely hard to accurately predict being on aim…I’m confident it will be more than todays price but I was expecting it to be 0.7p plus by now after the good news on funding…so I can’t really make an accurate guess

Https://s201.q4cdn.com/960975307/files/doc_earnings/2023/q3/presentation/Q32023_presentation.pdf

Hope this link works, it’s Albermarle’s quarterly pres. no doubt skewed more to the positive but interesting re the lack of inventory currently held.

Ps I’ll try to dig that ASX thing out, may well be an average over past 6 months or something, but a lot of big corporations won’t trade on spot price, they’ll want to lock in huge quantities at an agreed price

Well said bfd ultimately if the lithium price falls from where it is, there are higher cost producers that will stop producing. That will lower supply and push up prices. So for the wider market if it goes to sub $800 then supply will be put under major strain. Also this is the spot price, no doubt big players will lock in a higher price for guaranteed top quality supply. Saw that one of the ASX miners said average price paid was in the $2kpt mark recently? If I had any more I’d buy but Xmas has wiped me out and Jan is a looooong month!

And also agree re debating both sides, that’s good in my opinion. However we have both had our share of idiotic de rampers who just sprout stuff like “Mali is a very bad country to invest in” “kod is a dangerous share to be in” etc with zero data behind it. I’m always welcoming different view points as long as it is valid and not some twerp just sprouting negative hatred towards a share they’re clearly not even invested in. You get it too on the prem board and it’s a shame, but that’s the internet for you!

Yep totally agree, was always expecting with a new industry to be many bump in the road. I do think long term the price of lithium should be $1.2 kpt at a min to encourage investment in mining which is needed with some ASX miners already stockpiling. I think solid state batteries will start ramping up which tend to need a slightly higher percentage of lithium vs lithium ion with bigger range. The highs for lithium were never sustainable but as long as people are playing the long term game we should be ok. So much volatility and that will continue until the market stabilises. And I do think both kod and prem will continue to have more bumps in the road for sure, I just try to look forward to a 3-5 yr plus period. Not saying it can’t be traded but damn that’s a hard game to play…good luck with prem anyway too Acker 👍

Indeed Acker I know that, inc ford too struggling, but it’s all about the bigger picture ie look at global EV growth. I think US will be a bit harder to crack as lots of people there will refuse to switch from their big v8. However China and NZ on fire for EV sales. Not everyone will make it work. But that’s ok. What I don’t like is some media channels saying the EV era is dead which is total and utter bllocks.

Pedro you are clearly a de ramping dckhead. Another green box, filtered. Judging by your posting you are clearly a very stupid investor.

Https://www.hydrogeninsight.com/transport/sales-of-hydrogen-cars-in-europes-largest-market-collapsed-in-2023-with-nearly-70-drop-in-registrations/2-1-1580371

Not to say it’s the end for hydrogen but facing challenges at the mo, don’t think will be mainstream for many years

Cheers Muppet Guru, a load of negative press in the media about EVs but I’m ignoring the noise and focusing on data and facts 👍

Https://batteryjuniors.com/2024/01/12/unraveling-the-paradox-of-ev-sales-growth-amidst-mainstream-medias-pessimism/

Better than my average of 13p £10k. Just hope it turns around at some point.

Precisely Lav. If we talk fundamentals which I was I invested, I can’t name a stock that has better fundamentals on aim. More than fully funded with a massive mining major, zero debt so unlikely to be further dilution and also diversified risk by having not only lithium but a load of gold. In a very established mining country. Yes Mali does have its issues with slow bureaucracy but they aren’t stupid, they know the value of what kod has and will want to support us (also helps the local people with roads, jobs etc). If I had some spare £ I’d definitely want to load in more here, hopefully less than 12 months to wait until we officially become a producer, but I prefer to add on a couple of months to manage expectations…

It’s a long article but read page 139. Expects to average spod at $2,200 per tonne in 2025. I would be very chuffed with that, anything over $2k means v good profits. As always Dyor.

https://www.industry.gov.au/sites/default/files/2023-12/resources-and-energy-quarterly-december-2023.pdf

Https://www.autocar.co.uk/car-news/electric-cars/bmw-munich-plant-cease-ice-car-production-2027

Https://katusaresearch.com/a-price-war-is-coming-in-this-market/

Agreed Lav, lots of positive news to come too this year.

Https://batteryjuniors.com/2024/01/10/the-paradox-of-low-lithium-prices-a-market-analysis-with-expert-insights/

My view is that long term prices for spod can’t be much less than $1,000 per tonne. Kod is ok at this price as are other low cost producers but a number of producers won’t sell at much less than this. Why would they accept a loss? So therefore they will hold stock. Long term it has to be $1,000 per tonne at the very least. Remember producers can refuse to sell their lithium if they don’t agree with the price.

There are also the big goldfields we have, so therefore diversifying risk. I’d love to get an updated MRE, previous one was 350k oz for only Fatou is £558m revenue at current prices (mre was back in nov 2014 via rockridge). Plus kod is fully funded with ZERO debt which is massive for an explorer. I’m looking forward to the next few years 👍

Https://www.bloomberg.com/news/newsletters/2024-01-09/electric-vehicle-market-looks-headed-for-22-growth-this-year

Https://www.argusmedia.com/en/news/2525410-viewpoint-the-lithium-dominoes-begin-to-fall

Kod is towards lower end of cost curve. Re the article on finding a potential new material we will see. No doubt it will take many years to get into mainstream plus said energy storage is an issue so still v early days.