Member Info for ivenoidea

Bfd, which of my posts are wrong?

You need to pay attention to what you read, details clearly aren't your strength.

Serious stuff, that's the detail bfd... I'd leave that to the big boys as you clearly don't understand them.

Mercedesman gets it, shame the shameless rampers can't see what's happening.

I want to make money just like everyone else but also don't want to be misdirect information in the way bfd and laverda are doing here.

This morning's announcement stated production is now 100k-125k per annum, what happened to our performance guarantee of 125k-130k... We've potentially just lost 20% of the output previously promised?

I guess those are details bfd and co don't understand or pay attention to.

Stop trying to convince everyone laverda.

You know just as well as I do, Kodal are on a sticky wicket here until spodumene rises. It's not their fault spod price fell so low but Hainan are taking full advantage.

Getting this OTA which currently only benefits Hainan has cost Kodal minerals and their shareholders dearly.

I'm of the view that spodumene will rise soon, it just has to... But I'd rather not be relying on hope.

Well done?

This OTA only benefits Hainan.

We will be running at a loss at these prices and paying 15% on a loan to Hainan. We are paying them to produce a product that they want will convert and sell at a profit.

Unless spodumene price rises well above current levels Kodal's interest in bougouni is at risk.

Https://news.smm.cn/news/103397437

Describes gangfeng have now shipped product to China.

Accoinista found this information, not easy to find

We?

Lol, trying to add weight to your waffle using the term 'we'.

You've avoided the key points and as I expected don't have an answer to my view. My view is clear, it's not a view I'm pleased about but I believe that's the situation KOD is in.

You'll not agree but my point has been made.

Laverda, spod prices from 8 years ago are irrelevant to today (btw, you again omit the aisc costs at that time).

My view is clear, you state I'm wrong which does not come as a surprise. You're unwillingness to discuss points that are far from positive is consistent across your 4 years of ramping here.

Laverda, why is it that Mali haven't granted an export permit to either of the mining operations running in steady state production? ( Goulamima and Bougouni)

I estimate that there's well in excess of 150k tonnes of product being stockpiled between the two operations and neither of which can sell any of product.

Acores,

Leo lithium are due to be paid the second and final tranche from the sale of goulamima on 30/6. Investors fear this maybe delayed due to Mali not yet allowing gangfeng to export product. We'll find out next week.

Will KOD be a success? In my view we need spod to rise to a level Mali are comfortable to sell at, it's not under $900 a tonne imo and could be as high as $1k. Information about this is being withheld so we may never truly know.

Will spod rise? In my view yes and this side of Christmas but only when we start to see reports of the surplus having been depleted, at that point the Chinese lose control of the pricing environment and the price will rise quickly.

If Goldman Sachs are to be believed then KOD are in big trouble.

I don't believe Goldman Sachs view that spod price will remain subdued during 2026.

It's all down to spod price in my view, KOD need it to hit the minimum sale price in order for Mali to allow export and judging by this year's spod price and goulamima too not allowed to export, I concluded that the minimum sale price is well above $800 a tonne.

I completely agree, it's not gone to plan and we are now on a sticky wicket. There are two posters who'll label me a troll again but those fellas are posting misleading information and are not to be trusted in my view.

Laverda you are special aren't you, are you now saying Kodal mean October until December is Q3?

You are quite predictable lol.

Look, Kodal will not be allowed to export until the spodumene price rises, to what level I don't know but our neighbours have been in production since 14/12/24 and still aren't allowed to export... I assume the spid price needs to get well above $800 per tonne to satisfy the Mali regime...

I very much doubt the Mali government will allow any exports at these prices....

Not yet

That 100 million Bernard bragged about using to drill out the resource... A few months later 99% of it had been consumed by the costs associated with the deal.

Either Bernard mislead investors (likely imo)

Or he's no idea what he's doing (other investors think this is also likely)

BFD, you can shout and scream as much as you want but you're credibility hit zero when you demonstrated zero understanding of the company finances despite bragging about running your own company. You were telling me kmuk had plenty of money given the $100m funding arrangements and the very next day KOD rnsd a loan agreement because kmuk was running short on funds.

Yes kmuk haven't filed amended accounts, xinmao have which if you actually pay any attention you will have known and could have concluded yourself my mistake without me having to spell it out for you.

I think this is a case of see no evil, hear no evil.

As stated, silence is never good.

Laverda and his chums are filling the news void with made up stories about off take agreements that'll never happen.

The only thing in my view which saves Kodal Minerals is a spod recovery because as it stands we are at risk hence the hastily arranged loan agreement.

No sign of export permit and no details regarding why, no information about grade of the output, no information about plant throughput even though news agencies in China are now reporting the plant was in steady state production from late last week. No updated information about plant running costs. No information about drilling... Just nothing.

Since the deal was agreed it's been bad news after bad news, lies after lies being uncovered one after the other.

Let's hope that spod recovery happens sooner rather than later

Things are clearly not going to plan and radio silence is never good here at KOD.

Bernard will be saved by a rise in spodumene and that's what will stop investors here losing their investment.

The spod rise looks overdue to me, but the Chinese have complete control for now...

Sit and wait.

Really bad?

How about discussing where all the money has gone and why kmuk needed a loan to continue the 'planned' commissioning.

If I recall last time I engaged with you you tried to shut me down as a clown who knew nothing.

Perhaps you can explain why kmuk have had to alter their accounts that were filed 6 months ago?

Spin that one...

Bernard obviously doesn't think an update is worth it.

So much for always keeping shareholders informed, theirs been very few updates this year despite being in a period of many changes as we move from developer to production.

Bernard isn't quite winning here is he, does he even know what's happening on the ground anymore?

February RNS:

Production

The first lithium spodumene product milestone was achieved, and onsite laboratory testing has confirmed a 5.53% Li2O spodumene concentrate grade from the first run, which is line with Kodal's target for the operation. With further optimisation planned over the coming weeks, Kodal expects to achieve steady state production and confirm arrangements for its first shipment of product to China by the end of March 2025.

All still on plan of course, dates just moved out as they do here at KOD.

What's your point laverda?

Daz told you he was selling ( check the price 23/1: 0.4p), he sold.

He's also told you the conditions of his return, if it happens.

I think that's a little more helpful for investors than your constant blind ramping with a mindset of see no evil, hear no evil. I'd wager you believe suay chin aren't selling, because Bernie said so in a q&a...