News15 Mar 2021 09:11
Thank you for the posts and spotting anomalies.
Due to Covid and the political issues, the political issues over the share price has those factored in and in my opinion is low.
On success in the Gold prospects alone this market cap and above is possible.
But the flagship is the Lithium, so we are in a good position, as you point out Lithium prices are moving in the right direction as predicted by the mining industry as a whole, not just Kodal.
The only pain for us is the government could grant the licence in the following 5 minutes or 10 weeks, to date we have no clue, no update from the government.
The positive is the government has said it is looking to mining for revenue and is supportive.
I see some big private investors are dripping in with random numbers, indicating that they are trying to buy without moving the share price too much.
The great thing here is the issue of the licence is a real book asset, not just a frenzy of shareholders pushing up share prices on a potential value increase at some point in the future. It is real.
Any solid update, or the issue of the licence will kick start this.
If it wasn't for the issues last year we couldn't buy in at this stage at this price.
In my opinion we are lucky.