Member Info for elcobbledore

I do think we are tied up with the wider lithium market sector. Eg prem having a torrid time impacts kodal. Could be partially to blame anyway.

Guys does anyone think the MMs may be deliberately dropping the SP to let some big buys come in? Or is it purely selling pressure as well as general market sentiment? Just keen to get people’s thoughts on it…

Nice £120k buy 👍

Exactly horult to be buying anything sub what hainan bought at is amazing…hold hold hold and buy when you can if the price stays anywhere around here imo

Also I think the strategy to do DMS first is very clever as it’s cheaper and quicker and they can utilise the funds received from lithium sales to build the floatation. Sound strategy 👏

Indeed, prob 0.5 per cent. Bernie now at 321m after the share incentive so good to see him not sell and take a larger slice, always good to have a CEO with skin in the game for sure

Where is Merc? 😂

If this happens then it will take out some supply as some lithium producers go bust, and prices will increase. Bernie and Steve are clearly clever cookies and understand the market well.

Nice one thanks musicman, interesting developments for sure. 👍

No worries we are all at different stages of learning so if I can be of help just shout 👍

Ps ignore the price on the total voting rights. The whole point of it is to determine the relative power of shareholders based on how many shares they have purchased. Some paid less some paid more for them, all that matters though when big votes go through is how many shares you have not your average price paid, makes sense?

This may help Ricky

https://www.investopedia.com/ask/answers/040315/what-can-shareholders-vote.asp#:~:text=Voting%20Rights%20of%20Common%20Stock%20Ownership&text=Some%20companies%20grant%20stockholders%20one,of%20company%20stock%20they%20own.

Fair enough I feel your frustration, it shows overall voting rights so if anything big happens to the company you can vote yes/no. Not a big deal in the grand scheme of things, hopefully we will see the slide stop and we can see an increase over the medium term. Fundamentals are the best of any stock in AIM hence why I’m not worried, in fact topped up today as thought at these prices I’m confident of a long term gain 👍

Ah I see you’re a deramper, makes total sense!! On 16th nov you said you’re out of kod anyway so do everyone a favour and keep it that way. Sick of dealing with you lot.

It’s a totally irrelevant RNS so if you can explain why you think we will go down that would be great. Look at RNS history.

Indeed 100notout, plus Hainan continue to repeat their interest in gold which continues its increase in price so it’s great to have both gold and lithium

Also there is an article that has been released recently on uk investor. The one sentence that quite frankly is laughable and shows some editors have no idea says “Kodal does have other mining assets but these are of little value”. What a stupid ignorant comment. Only over £500m worth of gold based on current prices (previous MRE 350k Oz). Seriously the state of some journalists 🤦🏻‍♂️

https://ukinvestormagazine.co.uk/kodal-minerals-shares-look-fully-valued-at-100m-as-investors-jump-ship/

Could it be we are being dragged down by other lithium stocks eg prem? Price isn’t just to do with the stock itself but also market performance. Who knows…

Hi everyone, quite a lot of Kod investors are probably angry/stressed/disappointed/perplexed at the moment after receiving incredible funding news. For me I am buying dips, up to you what you do but reasons to be positive are…

1. KMUK is more than fully funded. $117m for a $65m DMS plant enabling a load more drilling to uncover more resource.

2. Recent upgrade of 40 per cent to 31.9mt and Kola/Bougouni South hasn’t been touched yet.

3. Potential huge amount of gold (previous MRE 350k Oz over £500m revenue at today’s prices.

4. DMS plant estimated to be up and running in around 12 months time (I’d build a bit of time in but not long to wait).

5. Big iis are yet to take positions so hopefully once license transfer is sorted we will see some movement.

6. Kodal has ZERO debt (this is incredible).

7. Lithium price has been in free fall, some experts are saying we have found the bottom and may increase due to other projects not coming online in time.

8. We have a strong leader and a fantastic relationship with Hainan, keen on developing other projects so huge potential for growth.

Anyway trying to be positive, aim is a bizarre market but I’m looking long term here and in years to come hopefully we can all look at this and say it was a little bump in the road…heads up holders and good luck!

Https://thedriven.io/2023/02/10/the-madness-of-big-autos-push-for-hydrogen-powered-cars/amp/

Also Toyota have confirmed they are binning hydrogen mainstream cars now.