Member Info for ivenoidea

George:

The most recent studies were on the Leo website not sure they are still available to download but I have them:

Based on various Definitive Feasibility Studies (DFS) and updates:

* US$313 per tonne of 6% spodumene concentrate (Life of Mine average, as per a 2020 DFS update).

* US$365 per tonne of concentrate (from an updated DFS in December 2021).

* US$312 per tonne (cash cost, FOB, Life of Mine, for Stage 2, as highlighted in a Leo Lithium presentation).

Check this article out:

https://www.crown.co.za/latest-news/modern-mining-latest-news/25220-leo-lithium-s-goulamina-project-targets-2024-lithium-spodumene-production?hl=en-GB

Hi chef

I won't interfere your beef with daz423, but I will tell you that I've met him in person and been a friend for quite some years. He's a thoroughly decent person and one I've a huge amount of respect for.

He invested in KOD and wanted it to do well just like me. However daz made the decision that enough was enough and Bernie had lied one too many times so daz based on his investing rules sold up. He was completely transparent about it

Laverda on the other hand has spent for what seems an eternity ramping the hell out of this and overtly discouraging others to trade down, whilst actually doing just that himself.

The bloke is dishonest at best and not to be trusted.

Yes I know who you are chef and I miss the old days where people who really knew the facts and figures here would debate them with honesty and integrity.

When it's nameplate you can finally take your fingers out of your ears and open your eyes.

You really believe all those studies are wrong?

Lol, as you were lse, miracles do come true

Chef, I'm starting to think alot of the posters on here haven't the foggiest idea about what they've invested in.

Sad.

You can lead a horse to water.....

Lav you really are a plonker aren't you.

Show me one example where results in the field have surpassed years and years worth of results in the laboratory and bulk sample testing?

Theirs literally years worth of studies backing up what I'm saying but you STILL believe I'm wrong because the results from the now built mining operations haven't yet been disclosed? Lol ..

For the rest of you, please do your own research because laverda ain't going to help you make any money.

I do know they'll be much higher than goulamima and our product will be of lesser grade.

It would be foolishly optimistic to think otherwise, but then I'd expect nothing less from you.

Laverda, do you think our costs are comparable? Is that what you're implying?

The last studies published by both entities show a considerable difference and Steve zaninovich himself explained this will be done as their throughput is much larger than ours which enables them to reduce the production costs.

If you now think we are on par, provide a reasonable argument and we can discuss. Otherwise stop trying to draw focus on the poster rather than the point being made.

Onlyking, interesting... But how's that setup different to our neighbours whom are now producing AND exporting?

The main difference which I think will impact when we receive our export permit is the cost to produce.

Goulamima costs a lot less to produce per tonne and the output is 6% so they sell higher than we can.

I still don't believe we'll receive our export permit until the spodumene price is at least $750 which was the previously agreed but not signed off on minimum sale price.

I'm well aware this arguing is tedious so I'll tell you why I've engaged in it this week.

Some posters post utter nonsense on here uncontested and have been for quite a while. Nobody seems to mind which is likely because it all sounds good nonsense.

Recently over the past few months various people have raised valid concerns which have been immediately rubbished by the likes of lavender and bfd who then attempt a character assassination of the poster of said concern.

I engaged with bfd back in April explaining to him where the kmuk investment money had been spent and shy there'd be no more update this year and that kmuk is running low on cash... I explained my concern, provided reasons and had called me an idiot... The very next day KOD released an RNS about the loan with Hainan for kmuk.

Now everytime I post valid concerns for discussion I get shot down immediately by both laverda and bfd. Hence I've poked a bit of fun at them... Neither care about concerns both just want ultra positive views of KOD.

I've been invested here since early 2018, I've seen it, done it got the t-shirt.

When I see something wrong I post it and will continue to do so, I won't tolerate abuse from either of those twits.

Lol, at least you have a sense of humour... I'll give you that.

No need to tell me about your other investments, I've seen for myself... I can see why you only talk about RR.

Hi nettles,

Well done on RR. And thank you for telling me every other week, you seem to know what your talking about, well apart from what happens to the share price during a share consolidation.

Do you want to let us all know how your other stock picks have gone?

It is you right with the website? You think you're a cat right?

Or. I thinking of someone else?

Onlyking,

Spodumene needs to rise a bit, but I'm optimistic we should get above $800 this side of Christmas.

Suay chin need to get completely out.

If we can avoid selling under the previously agreed floor price of $750 then I think the market will react positively.

You really are a bit slow bfd.

You wrote,:"it's simply a theoretical figure and the lowest price the company can raise funds at."

Which is distinctly different to: "So you don't agree that the nominal value of a share is the lowest price that a share can be bought at then noidea?"

Like I said, details aren't your thing so no problem...

It's no big deal, I just like pointing out your mistakes because you s

Lol, that's not what you wrote.

It's all in the details bfd, something you are clearly not good at.

Bfd,

Your first paragraph is incorrect.

Your second one is typical for you and ironic since your first paragraph is incorrect.

Your third paragraph, well that's a bit presumptuous. It reminds me of back in April when you were calling anyone pointing out that kmuk were running out of cash was an idiot... The very next day KOD released an RNS detailing a loan agreement because, well kmuk were running low on cash lol.

Keep telling us all how it is, you seem to thrive on talking rubbish.

Mate, I totally feel your pain. I'm having a similar dilemma myself. I've spent the last three years consolidating my private island portfolio... it's just so much paperwork getting the helipads registered in different jurisdictions, you know?

Anyway, I'm planning on keeping a small, quaint GIA in the UK, mainly for pocket money for the kids' polo lessons. The real head-scratcher is transferring my offshore diamond reserves from my private Swiss vault to my new, more tax-efficient bunker in Monaco.

Has anyone had any experience with the lead times for getting bespoke armoured transport organised for several tonnes of flawless D-grade rocks? And what kind of "haircut" should I expect when converting a few metric tons of gold bullion into something more liquid, like, say, platinum ingots, during the transfer? I'm just not up for being in the middle of re-tuning my superyacht's engines and having to deal with inter-continental precious metal transfers at the same time.

P.S. Really hoping I don't have to melt down my original Fabergé eggs and re-cast them. The provenance, you know. It's just not the same.

Definitely the best place to ask for financial advice..

Bfd, this one's for you buddy

Laverda,

Stand in front of a mirror and read your post out loud.

This is why I rarely engage with fools, they drag you down to their level.

Bfd, we don't have an export permit.

If we did, at these prices Kmuk loses money.

Getting an export permit before spod prices rise and celebrating is odd behaviour

Ivroche,

Some of boumou grain is more suited to DMS, and it's expected that the lom increases to 6+ years from my notes.

Overall lom for both DMS and float could be between 15-20 years.