Member Info for LeeBruce

Theyve got nowhere near £16m in bank, they had £15.6m nearly a year ago so probably closer to £13m based on previous years cash burn. Losing $15m would instantly cripple them hence the red flags.

Moral of the story is "He that ramps also lies"

https://www.lse.co.uk/rns/KOD/interim-results-for-6-months-to-30-september-2025-fas513gnvd6xyb0.html

Over $10m, yeh right.

Amounts due from associated undertaking

4,072,251

Use arbitratation to strip $15m out of plc, drop the sp, lob in lowball offer.

If any of you honestly believe that what someone posts on a BB affects a company's SP then you shouldnt be investing, the FCA will laugh at you.

I've figured it out, the silence from kodal is coz JNIM have abducted Bernie!

Look at he SP of each company on the 1 year chart, point made.

How does diluting change the MC? Prem are closing in on production, yep early investors have paid a heavy price but that's history, nothing to do with the present. The upside is there, risk/reward.

Prem are looking and close to producing 4kt per month with a £10m MC, Kodals 32% gives them the equivalent of 3.2kt per month with a MC at £63m. Still undervalued?

I wouldnt mention 1 year charts, people in glass houses.....

Mac, no it doesnt make any sense at all. NDC are buying SC's holding for £7m in an off-market block trade, not at cuirrent market value. It's a rubbish attempt to deflect the lack of interest in the company.

Hahaha absolute nonsense, why would the market give a rat's iss who owns 9%? Any excuse eh?

African Spodumene Concentrate 6% Li2O Index CIF China

SMM-Li-SC-002USD/tonne

Collect

2,473

-11(-0.44%)

May 29, 2026

Bernie is a 57 year old Ozzie millionaire. I doubt he'll stick around much longer.

I hear McBernies is busy in Perth, making a ton.

Undervalued compared to which peer? Gotta be Mali based with a 10ktpm sc5.3 output that they only own 32%^ of. At >£60m this is fair value according to the market. High risk low reward.

I tried to lead the AI by asking if it was a simple process:

These are results for is spodumene flotation a simple process

Search instead for is spodumence floatation a simple process

AI Overview

Processing Spodumene by Froth Flotation for Lithium ...

No, spodumene flotation is not a simple process. It is widely considered technically challenging due to the similar physicochemical properties (like surface charges) shared between spodumene and its accompanying silicate gangue minerals (such as quartz, feldspar, and mica).

The inherent complexity of the process is driven by several key factors:

Surface Activation: Spodumene naturally lacks hydrophobicity. It typically requires chemical activation using specific metal ions (like calcium) before the targeted collectors can attach to it.

Slime Interference: Fine particles (slimes) generated during grinding can coat mineral surfaces and cause froth instability, demanding a crucial desliming step prior to flotation.

Sensitive Reagent Chemistry: Direct flotation of spodumene relies on unsaturated anionic collectors like oleic acid or tall oil. These chemicals require exact, high-density conditioning and are highly sensitive to pulp pH, water quality, and temperature.

Gangue Depression: To ensure only the spodumene floats, depressants such as water glass (sodium silicate) are required to inhibit the gangue minerals. Balancing these reagents demands precise control.

Pretreatment Needs: To achieve the necessary surface exposure, the ore often requires aggressive pretreatments, including high-intensity alkaline scrubbing or ultrasound-assisted washing, before flotation can begin

Spodumene flotation processing is widely considered complex due to the mineral's chemical similarities to the gangue (waste) minerals it is found alongside (such as feldspar and mica). It requires precise control of particle size, water chemistry, and reagent mixtures to achieve high-purity lithium concentrates.The complexity of the process stems from several critical factors:1. Complex MineralogySpodumene is a hard-rock pegmatite mineral. It often coexists with other silicate minerals like quartz, albite (feldspar), and muscovite (mica), which share similar surface chemical properties, making selective separation highly difficult.2. Multi-Stage PreparationBefore froth flotation even begins, the ore must undergo extensive processing:Crushing & Grinding: Ore is crushed to liberate the spodumene, but over-grinding must be avoided to prevent slimes (ultra-fine particles).Desliming: Fines (\(<30\ \mu\text{m}\)) must be washed away, as they disrupt froth stability and waste expensive chemicals.Magnetic Separation: Iron impurities must be removed to prevent poor performance in battery manufacturing.Mica Flotation: Gangue minerals are often floated off in a preliminary stage ("reverse flotation") before the spodumene is targeted

3. Reagent SensitivitySpodumene flotation typically relies on anionic fatty acid collectors (such as sodium oleate). These chemicals are highly sensitive to pulp conditions and water quality. The process often requires:Alkaline scrubbing to remove surface coatings.Multivalent metal ions (like calcium or magnesium) acting as activators to bond collectors selectively to the spodumene.High-density conditioning to ensure the chemicals properly coat the mineral surfaces.While the fundamental principles are well-established, optimizing a plant's flotation circuit—such as switching to Mixed Collector Systems or utilizing Micro-Nano Bubbles—is an active area of research and engineering designed to maximize lithium recovery and concentrate grade.

Notice how nobody is saying it will be sold before stage 2? Pop, another bubble burst.

Good idea compo, stop digging. Youve demonstrated your knowledge, lol.