Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://m.miningweekly.com/article/australian-lithium-stocks-rally-on-speculation-of-china-mine-closure-2024-02-19
If this continues there will be a surge in demand.
Cheers time, that means all are now on site?
Watch the results start piling in from those, I wonder if they have a better lab arrangement - could be where Hainan can help with their contacts.
Accion in regard to the NPV quoted that is correct as that NPV is on one seam. However the current drilling campaign is to find more feed best suited for the DMS according to Bernard, so we will have to see how he summarises at the next resource uplift. It may not necessarily remain on one seam.
Sharespy, elcobble - itch lol
Without unblocking the poster/posters I know from the replies it is the age old basher/troll postings.
In the share they promote, even with all in, buying more, buyout imminent etc posts, low and behold when their share price bombed, they top sliced, averaged down were on a free ride or whatever term they are using. Timing absolutely perfect. The fact their alleged free ride shares dropped in value is irrelevant - they don't term that as a drop in value or loss in their posts.
The fact top slicing or whatever they want to call it would show lack of conviction in their share is irrelevant.
The fact that their company looks finished is irrelevant.
The fact they say it is going to be amazing but don't say they are putting more in is irrelevant.
You investors in here on a share they are bashing on the other hand...
Between inflexion points the share value dips, but can't always be guaranteed, so the fact your gains have wained is much worse, that in their posts is a massive loss.
The fact that the company is successfully going from inflexion point to inflexion point raising cash and material assets is much worse than their share and is most definitely not a positive.
The fact no fund raising or dilution is required is irrelevant, dangers are lurking everywhere.
Yet they continue to post with conviction and genuinely believe that an investor somewhere may listen and say do you know what, they may have a point... Or I think we have found the next Einstein.
Different names, different shares same old rubbish.
Basher, I can't tell if that is two or three rigs now on site.
If the two lorry based rigs are identical it is three.
I wonder if they have ramped up the shifts on them too with the funding.
Elcobble agree re Bernard and his Mali and Africa experienced crew.
We don't have to look far to see a contrast, or the potential cost of cutting corners.
You can't argue with 115m dollars cash. None of this, is it, isn't it there with that asset.
One 100m dollar lithium deal JV another 2m dollar deal and another lithium deal due to be signed and a string of gold leases.
Stick those on a virtual set of scales and for the same market cap try to find another AIM share on the other side to outweigh it.
The ones that could have already made the share price/market cap leap.
Paul both good posts and I agree with everything you said, our thoughts seem aligned, which you would expect if invested and researched in the same stock.
I am amazed how much they have achieved with their low level of cash burn.
To stop and think what we have is incredible. It all just needs valuations on everything, not just Bougouni lithium.
The lithium we all know about 100m dollars cash in a subsidiary with 30m dollars above the cost of the project.
However Kodal itself has around 15 million dollars cash, just under 25% of our market cap and a string of Goldfields.
Plus we are waiting for a 2m dollar payment from Leo Lithium and a contract for a share of West bougouni lithium field with the option to increase our share if we wish.
There aren't many AIM shares like this one.
I can't wait to see what moves Bernard makes with our Goldfields and if he is going to turnover them for capital to sink into another site what on earth he has had his eyes on over his geologist career. Exciting.
Rall in the main I don't disagree with your post
However I see the potential buying price as a bit of a finger in the air job.
Having read everything possible for years around this share I have no idea at all if Leo Lithium coming out of suspension will send investors from there, to here in droves or not. As they can replicate their previous gains next door if we follow the same path and those unfortunate enough to invest when the price was high may recover their losses. That will occur before the year end and could push our share price up on three fronts. 1 Leo shareholders may purchase, 2, our deal can go through with Leo so we get our share in another lithium play and 2m dollars, plus the mining office is open and the Leo cloud gone.
Plus we don't have a clue what the maiden value on Nielle Goldfield could be and it may well come in before the year end.
So any share price predictions are nothing but guesses, but either way someone gets to say I told you so and then informs everyone about their star reading ability or whatever.
But the part I found a little fart jetty in your comment was, assuming something unforeseen doesn't wipe us out as with any AIM share, is at worst you see around 300% at best a multiple of 10, but don't buy today wait in case it goes down a further 0.05 pence per share or so?
Really?
JWBellamy, do you not get it? We are not interested.
Last inflexion point we were surprised it was not higher but since production and second flotation is the aim of most of us, our inflexion points we don't care.
We drop in to see if there is anything of interest have a little banter and go.
You need to go and find a traders chat board, you will only stumble over a trader here having a rummage around.
JW Realism?
I think you forgot what we are investing in. It is a company.
Quite simply the company goes through development from a to b. This one everything is going well, cash and assets increasing.
We have the lithium and to date everything is ok on that front.
We have cash in the parent company 25% of our market cap and we are waiting for Leo lithium to get up and running again and pay us 2m dollars and give us a contract with our share of west bougouni. Then we have two lithium interests.
We have Goldfields one of which is outside Mali and close to maiden.
With or without lithium we are looking good.
You have not added any realism whatsoever to the board just go on about the share price.
Share prices trade at a discount or premium to NAV that is ABC in shares, we are and have been at a discount.
Trading at a premium is generally the time to consider getting out not staying in.
Realism? More like rubbish.
AHH, that is the sudden appearance of green boxes.
Must not have got far in education, assets, between assess and assiduous in the dictionary.
Props up share prices rather than hot air.
NNN's share price rose to around 4p on nothing but hot air and with no assets it is gone.
Traders made some money off the back of it though.
Dazguard, they always cut those graphs for dramatic purposes, it rose and fell prior to that section too.
It will all the way through, however each time there is a rise and fall the trough will get a little higher until it finds its level when the upstream infrastructure is in place to meet demand and us downstream settle at a sustainable extraction cost to meet that demand.
Fortunately, well not really because those of us that thought about it selected the right stock, we are at the lowest end of extraction costs, so it should always be profitable for us.
Not only do we have low mining and processing costs but the infrastructure in, energy and water and transportation costs out cotton road and established port give us the edge.
Bfd target date December.
Another mining company had their equipment stuck at the South African border for weeks, so best view it as pencilled in only. So many piece's of kit from all over the place to get to site.
Millions of pounds worth of contractor equipment too, I think those dump trucks are around 400k each alone.
Big dozers 1m to 2m each. All got to be synchronised perfectly.
Just a rough sea or similar and a week or two can vanish.
The big news is we are on a countdown to production a month early or two months late doesn't matter, getting it right does.
You don't want to be the muppet that gets everything on site and it doesn't work. Our lot are too experienced for that Steve has set up and operated loads of mines and their equipment.
FPvone, it is going to turn the car industry upside down.
Once the technology has settled and all the non city cars have 400 mile ranges, the really big market in my view will be converting combustion cars. Cars which looked good but had poor mechanics will be brilliant converted.
Also in the future why keep changing car bodies? Just buy a good shape plastic one and keep swapping reconditioned electric motors.
It will be an interesting market.
VW, Merc etc would do better to look to their previous cars with conversions in mind. That could be a major source of future revenue, make everything available to convert with good mileage.
Onlyking, the other question with Leo Lithium is, once the suspension is lifted will their investors jump ship over here? They currently have a large market cap.
I have absolutely no idea what will be the point that other investors will pile in, maybe we should do a poll? I am not going to try and second guess that event.
It could be something stupid like peace talks in the Ukraine - anyone's guess which event could trigger a stampede.
You would like to think lithium into ships but it rarely is the sensible event.