Good move InvesorTrev, I joined you today. (Not nearly as much I might add!)
I note that Lombard reduced their short yesterday. We will see soon enough.
What a difference a few weeks can make hitch?
Hitch 4th June AML:
"Long term thinking is generally better than short term trades, and yo sleep better at night.
This company is in safe hands now, and after a tumble from ÂŁ16 (completely overvalued) needs a strong hand in turning it around.
I don't think they could have picked anyone better in the new guy...
Good luck!"
Take it you sold out then hoping for a big drop to buy back in then...?
https://uk.reuters.com/article/us-metals-lithium-ahome/column-lithium-the-metal-of-the-future-with-a-futures-problem-idUKKBN23H2AT
Fingers crossed all this new green stimulus stimulates the KOD share price....
Muel, watch this video and then read the bulk sample test work RNS (which isn't available on this site for some reason?)
https://www.youtube.com/watch?v=fdyMZvQzcDg
https://www.rns-pdf.londonstockexchange.com/rns/4554M_1-2020-5-11.pdf
IMO there won't be a finance decision until the optimisation study has been complete and this is 'expected' to be finalised in Q3 2020. There will be no finance until they decide on what needs financing.
Donny, keep an eye on the status on the Mali Online Repository for our Application:
https://mali.revenuedev.org/application/159525
APL-I-2798
It still shows 'Validation', when this changes things will happen... if I recall for Mali Lithium the status changed and it still took that company a few days to update their shareholders with the good news.
In short the application still needs the rubber stamp... it's Africa so who knows if that's next week, the week after etc. I would expect by end of July personally.
Here's a couple of predictions for you daza which you'll rarely get from me but I'm happy to provide you with on this occasion:
1] The KOD C1 costs that you have presented will be lower by Q4
2] The SC6 prices that you quote will be higher by Q4
Do your own research (which I'm aware that you know your onions so to speak). Good luck and I sincerely hope you can turn your losses from both MLL and KOD into decent profit's.
Well done WelshTrader98!!
Worth pointing out that March/April was a good time to 'multi-bag' and these opportunities don't come around too often... but I am sure you are well aware and are managing risk/reward appropriately. ( I had a few on your list too !!)
This share is for keeping until Production at least for me, possibly beyond.. Good day today but would like some news to back this up before I open a bottle of bubbly.
Nice to see this rising and the board not being plagued by ramping day traders. No change on the status of the application but Mali do work on Sunday's so worth taking a look then. I believe today is a weekend day.
Info courtesy of Daza a few months back:
https://mali.revenuedev.org/dashboard
Application Code: APL-I-2798