Member Info for EnricoPallazzo

I love your optimism but let's get it to 0.4p on Monday (no RNS), then 0.6p on Tuesday (no RNS), then an RNS on Wednesday. All bets are off.

Last orders for KOD below 0.30p being taken now.

Have a great weekend!
EP

Chunky buys going through. It's the final countdown.

Cheers. That's even better. Holding even stronger now!

It's still a holiday period there. Things will get moving after the weekend. And they will move fast now!

Going blue for a lovely FOMO finish...

Not sure how you've calculated that: the post-tax NPV of $200-240m (taking into account today's Li prices) corresponds to £150m-170m, so 1p-1.2p per share (taking 15bn shares). 40% of that would be just 0.40p-0.45p, wouldn't it? Perhaps I've missed something.

I'll be happy to take 1p per share!

Yes, it's an excellent investment. Even the gloomy Dazza has stated that he expected the price of the Li resource to be "up to 40% of the post-tax NPV". Not sure why just 40% but let's assume he's correct. That would be $80m based on last year's Li prices, and close to $100m at current prices. I don't think the buyer would get away with paying just 40% of the NPV, so perhaps the Li project alone is worth around 1p per share (~£150m, ~$210m). That's over three times the current SP.

And then there's all that gold we're waiting to hear about!

This is a fantastic opportunity!

RB,

You're absolutely right. However, THE negative poster par excellence has just said "Currently I dont hold but sick of the ramping so will counter the blatant bs". I believe he's actually upset because he sold just as the rise was starting last week (my guess is around 0.15p). It's a horrible feeling to miss out on a great ride but nothing excuses that behaviour.

Tomorrow is another day: let's hope it'll be as glorious as this week has been so far!

ATB
EP

A small competition for all KOD holders: guess who said that about this company on 27 Apr 2021 at 17:31?

"Upside

Either a SP premium (upto 40% post-tax NPV) on acquisition of all assets in the Mali Li Belt or a massive Gold strike."

Answers on a postcard.

I disagree. 1bn isn't too shabby. Of course, compared with yesterday's 3.5bn it looks small but it is higher than average, and we need to remember that almost half of yesterday's volume was realised on the way down from the day's high.

Au contraire, it's reassuring that there has been no dumping today. To be honest, most traders would have left yesterday.

That reason is BlackRock.

Fake spread: dummy sell at 0.271p at the moment.

I don't think we should be unkind to Musk: if his claim to have Asperger's is true, then he's likely to have some difficulty controlling his reactions. Remember his outburst against the fellow who helped save the boys stranded in that flooded cave?

The real issue is the sheep-like behaviour of people who follow him on Twitter. Imsgine what they would do if Musk said his (imaginary) cat has been farting upwards: BTC would be at $80k within an hour!

BTC staging a mighty bounce. What has he said this time around?

Is he apologetic?

I don't have any spare cash either but, when I cash out of KOD, I'll plough it all in here to bring my holding to at least 10k shares (I know it's peanuts for most of you but a large sum for me).

https://cointelegraph.com/news/3-reasons-why-bitcoin-doesn-t-care-about-elon-musk

The good thing about the massive volume over the past few days is that, despite the sharp rise from 0.125p within a week, a lot of shares have been bought at much higher levels (between 0.24p and 0.36p). This sets s nice support line for further rises.

As O said earlier, I don't expect the SP to go beyond 0.66p (~£100m MCap) without any further news but, looking at Dazza's valuation, I'm more optimistic about a long term valuation. It could go to a penny, perhaps two?