Member Info for kezzd

@daz

Would you describe BGS as a dog stock?

Timescales always have the capacity to slip, I don't think it's necessarily an issue if it does. However it undoubtedly would be nice to be more regularly updated on the goings on in KOD (story of my life in this stock). As for GFD, I said quite a few times that I thought that his 'production by 2019' assertion might be a bit too optimistic, particularly seeing as we hadn't got the ESIA completed.

He was adamant, yet wrong IMO.

This time of year seems to be slow for news at KOD, I remember a similar situation this time last year.

@mogwhy

I don't recall you getting abuse, you were merely informed of the distance between the location of the attacks and our mines. Mopti is over 400 miles from Bougouni.

It seems there is a cycle on this BB regarding theories as to the future. It was around this time last year when people were last talking about a possible buyout...

According to proactive investors and yahoo finance we're up 4.26% (atm).

His last comment on this bb suggested he was still going to attend the AGM, so perhaps you'll see him there?

Perhaps GFD has moved on to pastures anew.

On the one hand I'm disappointed by today's collapse in SP, on the other hand I start a new job at the beginning of April so it would be nice to dedicate some of that income to KOD.

50,000,000 trade. WTF

I genuinely don't understand how the "what profits one profits the other" supposedly works in this context. Perhaps one of the proponents of it can explain it to me?

When we get to production...

GFD, I think there might be some part of you misremembering, but that's besides the point.

I do have some experience with investing in Lithium (and mining generally) but that does not make me an expert on all aspects of Lithium and its uses, nor does it make me an expert on the process required to convert between LiOH and Li2CO3 and the relevant costs involved in that process.

Google is a wonderful thing, but I would rather be belt and bracers about a subject by conferring with fellow investors than assuming that because I've gone down a Google-search rabbit hole I therefore must be an expert on the subject and therefore don't require further investigation (or hearing alternate opinions).

GFD, I wasn't looking for an excuse to post negatively, I was simply trying to clarify the importance of LiOH vs Li2CO3 and the relevant uses of said compounds. To my failing, I'm not immensely familiar with the conversion process and was simply trying to get my query/concern answered. This is what I use the share chat for, to be challenged and/or have my queries and concerns answered; if that constitutes "clutching at straws trying to justify posting negatively", so be it.

GFD, All of that would be nice, however the project itself as it stands at the moment is doubtless going to lead to some quite significant infrastructure pressures for the local community and the Malian government. After all they would be going from some likely poor quality roads with limited heavy goods vehicles on it, to regular heavy goods vehicle usage as well as the normal traffic they get currently. To get the infrastructure to the level necessary to deliver a good return on investment for shareholders, as well as getting a good and reasonably-priced product to market; this will require investment. But you have said, much of this will likely be addressed at the ESIA.

GFD, in excess of what you mentioned earlier, I believe that a fundamental piece of infrastructure necessary to maximise the profitability of the mine would be the roads. If you compare the Bald Hill mine in Australia to our own, Bald hill has access to a modern road system leading from the mine all the way to the coast (jn particular Perth). As well as this, there is also a lot of modern 'social' infrastructure near Bald Hill; namely in the towns of Kambalda West and East. While infrastructure of the Australian standard may not be necessary in Malian context, I happen to believe that a certain amount profitability of Bald Hill may come about as a result of this infrastructure.

I actually have some sympathy with the views expressed by Horne. I too don't believe we are going to see any real return on value until the road to production is clear (though willing to be proved wrong on that). When the results of our JORC came out in which we were in the top 30 in world lithium resources, the growth was good but totally unsustained and we slowly shrunk back to the 0.13 levels we were at prior to the release of the JORC. The ESIA is again an important step on the road to production, but again I can't see why it would lead to a sustained improvement in the SP.

The simple answer is this: I don't know where the funding for the plant is going to come from, and while sxx's comparisons (particularly surrounding the Bald Hill mine) are useful, I am unsure whether that particular model for funding (particularly regarding the time-frames) can really be applied to a small-cap mining company in Mali; KOD is somewhat of a pioneer in this regard. I also have to say that I doubt that KOD will reach production by the end 2019; such claims seem to have little basis (though as before willing to be proved wrong on that).

@dazaliam

Why do you believe I seek further bickering?

@dazaliam

It depends what you mean exactly; criticism of KOD is totally fine (and occasionally justified), however when you in particular make constant references to BGS it bring into question your reasons for being present on the board.

Earlier on you said "Any sign of favouritism at this stage of Mali's diversification to Lithium will be a huge red flad for foreign investors. " can you explain why it would be?