Member Info for Horult

Basically just confirming what we already knew from last rns, just with confirmation of shut down - but not a complete shutdown

market not seeing anything newly negative in it - despite some poor attempts at a deramp

So by that logic, everybody else which is not hainan, owns 85% of kodal, which is another 42.5% of KMUK - so everybody who is not hainan owns 91.5% of KMUK...

No you will only be able to see it if you signed up 3 weeks in advanced, signed in blood and shouted GR is a GOD into the mirror 3 times at midnight last night

Very late printed trade there from friday...

shenanigans

Partial extract from a post I put on kod a few days ago - seems quite apt for HE1 too. Now bear in mind even with all this sensible posting - I completely ignored my own advice and I got carried away and spiked myself on a small he1 buy in today!🤣🤣:::

*****

Sell on news brigade is very strong last 12 month on the markets

stop losses likely getting triggered too and no doubt some panicking as seeing the price go down

being pragmatic and taking emotion out of it - you generally find that 3 days after is when things settle down. I expect it to still drop a bit tomorrow as all news is out now so there will be no fomo

it's a self fulfilling prophecy, people expect it to happen, so they alter their behaviour accordingly -and this reinforces the effect, don't take my word for it

https://www.benzinga.com/money/what-is-the-3-day-rule-in-stock-trading

Don't forget to bank some profits mischief

you can see how things can go wrong holding long with the likes of prem and he1

even fi things look great now, they may not stay that way!

I know you like EEE - if your holding for years, try and get it on a free ride and build that up!

Got my 0.5 buy in

yup its a slow burn return but for me this pot of funds have been invested here for over 2 years anyway

keep buying in and out building up my free ride

In my basic limited knowledge guessing, they could not do civils for a new location and drill it this year

I personally suspect they will drill the existing civils site this year ( if the get rig fixed of course )

civils at new location for 2024, will they start the civils now so they can drill asap in 2024?

....the cynical side of me is saying.....'as we have identified a new location and we did not allocate the funds for a 3rd drill we are delighted to inform you of a new funding opportunity'

You would have to be billy big balls to be buying in now

with interview later today, if history repeats SP will drop when GR opens his mouth, you will get a better price afterwards

this is no comment on the current situation or the future of prem ( I have been long for 3 years and will remain at least another 3 ) - purely from buying perspective and the usual interview drop

Nice TM1 rns update today

hopefully will encourage this to be the SP bottom

If you get a rig fixed rns and we are drilling itumbula this year - it will get a nice return

if we have run out of time, drilling is next year - it will be in the limbo for a while

but from this price, not too much to lose?

Almost impossible to get the very bottom in these situations, sounds like a good price to me

At the moment my theory does look to be panning out

it has dipped back down, could well get a 2.7 buy in this week ready for that december/jan rise

It's all fine

cybertron will be along in a minute shouting how super confident he is and it will still be 50p by next week

Watch for the bottom kev

I hope you have better luck finding it than HE1 did 🤣🤣

Looks like interview is at 4pm - so should not have too much effect today, but plenty of time for people to watch, rewatch and over analyse every second before market open tomorrow lol

GR Q&A / interviews expected today

- historically whenever GR does an interview the SP drops. GR waffles and stutters loads during interviews, usually over promises full off fluff, people sell out.

So regardless of any longer term interest - there may be a chance later today of another dip and recovery play.

though you could make an argument that it is already depressed SP and any hint of good news could cause a spike - either way may be worth seeing where the SP goes when the interview comes out.

Sounds to me like a duster but fill the rns with fluff and move to 2nd drill to pad it out?

may come back to finally drill the bottom....

2ways to read that, if they have any chance of drilling itumbla this year they have to move it, so taking the risk and moving it whilst they await the parts?

- or they are not confident they can drill to the bottom without collapse / not confident of a discovery so rather drill itumbla this year rather than risk further drilling

surely if they were confident of a discovery at the bottom - they would be hanging around and not moving the rig?

it is a shame, looks like more bad luck for HE1

I do need to try and be a bit more disciplined in posting under the respective thread, to help finding info easier🤣

is now falling back to its old trading range around 0.5

it's almost as though they have not just had $117 million go into the bank account! $17 million into kod $100 million into subsidiary (kmuk) to build the plant. KOD own the mining licence so can go full speed ahead but it still needs to be transferred to the subsidiary at some point. Hainan bought 51% of the subsidiary and 13% ( I think ) of the parent kod

the current mcap is pretty much the value of cash they just received - with no value being put on the lithium nevermind the potential gold...

sure to be some trading ops over the next 12 month as the mine gets built and further drilling of the lithium epo plus possibly gold fields.

fully funded to build a mine/plant - no debt - just increased lithium resources jorc by 40% - potential for more lithium - 3 drill rigs on the way - potential for gold - market cap still only 100 million - anticipated production sept/oct 2024. Sale of bougouni west leo lithium pending ( leo having issues at the moment likely causing delays ) £2 million cash plus 2% gross royalty from any future revenue

No worries dai

kod have received $117million confirmed in the bank ( 17 mill into kod, 100 million into new subsiduary) - sell on news brigade - personally think it will dip to 0.5 monday then rise back around 0.6

will be some swing trading ops as the mine/plant gets built over next 12 month

I had 1 million shares on a free ride - added another ~ 200,000 freebies on the recent rise

hoping to add more in my upcoming trade (fingers crossed ) buy in at 0.5 sell at 6.2

KOD own the mining licence , they can go full steam ahead ( but it needs to be transferred to the new subsidiary at some point )