Member Info for kezzd

Why would favouritism really be a massive red flag to IIs and other large investors? For us Kodders it would surely encourage those who wish to get into a Lithium boom in Mali to invest in KOD.

mogwhy, when it comes to Burkina Faso the terrorist operations you're referring to are at the north of that country; also 400 miles away from Bougouni.

True, but thus far all operations by Ansarul Islam have taken place in the various departments of Soum Province, as before a minimum of 400 miles from Bougouni. When it comes to Jama'at Nasr al-Islam wal Muslimin, see what I wrote regarding the Tuaregs.

I'm not trying to deny the serious socio-political issues that are taking place in the region, but I am more concerned with the road to production than I am about armed gangs.

While there is undoubtedly a great deal of political instability and violence in Mali (and the broader region) at present, Kodders can take some reassurance that violence is overwhelmingly taking place in the North-Eastern section of the country (named Azawad by the local Tuareg tribes), a minimum of 400miles from Bougouni.

One could also infer (and has been suggested by others here on this chat) that the eagerness of the Malian government towards Lithium production is the wish/need to diversify their revenue streams, and of course the Malian economy itself.

Yet you would appear to be putting all your eggs in one industry in one country, which would appear to be just as poor an option is putting it all in one company.

Would it be fair to say that your confidence in BGS has declined somewhat in recent weeks?

You invested here now Daz?

@Disciple13

£2.50 #shamelessramp

@dazaliam

Why is it pointless? The underlying value of the company will be in part determined by the resource in the ground. Though the comparisons are largely academic at the moment, they are still useful in determining what the market cap could be when we get well into the production stage.

@SlowRoll

The SP depends fundamentally on supply and demand for the shares, it's not directly related to the price of the product.

@dazaliam

And why are you using a 50% discount rate?

@dazaliam what are you using for a discount rate for your $75m NPV figure?

Traders are bad people, short-termism is immoral!

@GFD Tomorrow.

It's so nice to see a couple of days consistent growth so close to my Birthday; the best present I've had in a long time!

I'm not if the German EV makers are as relevant to us as broader EV manufacturers. We're intending to produce Lithium carbonate, while the Germans tend to use the more expensive Lithium hydroxide.

GFD, I'd like to think that, but I just don't see it as of yet. The volumes are very small at the moment and even after the release of some quite positive news on 14/12, we still dropped below .13 a share.

I'm eager to be proved wrong but as I keep saying, I doubt we'll get above .2 a share until we're much closer to production. As always GLA.

@Fosters100

I doubt will see those kind of numbers until we've got some production data. The source of today's spike seems to be little more than speculation.

People who want to keep the price down.

Michael04, you seem to ask that question a lot. No one (I think) has a crystal ball or moonlights as a clairvoyant.