Member Info for elcobbledore

Yep v true, almost everyone sees upside from here long term 👍

Https://www.marketindex.com.au/news/why-the-middle-east-crisis-could-light-a-fire-under-asx-uranium-and-lithium-stocks

A great article. Plus side, UBS now forecasting closer to $4kpt but on the flip side higher costs due to oil increases. But its bullish in the market which is good.

Watched the recent video with Don Durrett and he said it’s likely that gold with pullback to the early $4ks Apr-Jun 2026 sometime. Does anyone else share that view? I think it’s v hard to predict tbh! Long term it’s definitely heading higher.

Yep agreed. I do think the spod price will be around $2.5-3k by the end of the year and probably hold around that level.

Or accidentally added a 0!

Ps I just can’t see spod will get anywhere near that level. Maybe they are getting it mixed it with hydroxide prices?!

This would be mad if it gets to $30k

https://skillings.net/lithium-2026-outlook-stabilizing-prices-and-the-30000-ton-rebound/

Just seen the mining Europe pres. Wowzers it does show even at close to record highs here there is SO much more growth to come. He really knows his onions does Shaun Day 👍

MFAI is definitely under the radar at the moment. If there are a couple of realisations, it won’t take long for the herd to arrive based on the crazily low market cap.

Last one was £2.6m so yep a couple and we are off

True but we need realisations…

At the same time it makes both companies look like amateurs. Hopefully moving forwards info will be delivered professionally.

If it is JORC compliant happy days as that’s a 48 percent increase and almost at the 50mt target.

Actually the premium roc offered when it bought Tethys was 89 per cent premium (blame ai). They’re a Hainan subsidiary.

Cheers Nettles. I think it’s the issue with AIM, many people are trading it rather than holding it. Nothing wrong with that as such but the swings are wild. After this venture I’m out of AIM, I want more stability.

Yep agree mate, kod has managed to produce a fully functioning mine which is a great achievement. There have been plenty of bumps in the road eg arbitration, mining code changes, poor recoveries, military coups, floods….it hasn’t been easy! But I do think (and hope) us long suffering LTHs will have something to celebrate over the next 12-24 months….

This is from the interim results

The Board has continued a targeted M&A strategy to explore new opportunities in critical minerals / precious metals in West Africa and is well-placed to take advantage of any prospects that may arise. We are continuing to work on a strategy to maximise the value of the Company's remaining gold assets in Mali and Côte d'Ivoire, however work on our gold assets has been delayed due to ongoing uncertainty regarding licence renewals.

Yep agree nettles. We do have a couple of fantastic gold projects, not just in Mali but Ivory Coast. There is a load of work to do on those but the gold isn’t going anywhere. The bull run will continue for gold well into 2030s and will be in massive demand. So I see kodal leaving Bougouni before stage 2 is up and running and heading to other projects or focusing on getting gold and up running. I do think long term that’s the value play. Lithium spod price is ok now but I’m not sure about it holding $2k long term. Gold however will be in the $7-8k plus range over the next few years, maybe way higher.

And if it does come that us LTH get rewarded I’m asking Bernie for a cap!

Also nettles remember at 0.88 the lithium price went bananas which resulted in the sharp rise. Now that lithium price has stabilised somewhat I don’t a return to those levels anytime soon ie over the next few months, unless there is a buyout.