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Thanks for your replies, yes I'm certainly aware of how wrong sites like Wall Street Investor and Simply Wall Street can be as they rely on algorithms and don't take account of news or the human factor for that matter! When the predictions from such sites though and the news lines up as well it gives me more confidence. So if one is positive but the other negative I like to know why. What it seems like to me is SAV has the burden of the EU where as other Lithium ventures in places like Mali don't. But then there is the risk of wars and corruption in such countries. All depends then on one's risk appetite then. Again thanks for the info, really helpful!
Typing in SAV share price forecast to Google isn't filling me with confidence. Wall Street Investor has SAV dropping over the next 12 months to the 2.90s Given SAS's potential and the high likelihood of the EIA being in SAV's favour before I invest anymore could someone shed any light onto the negative SP forecasts. Thanks.
I've written to both Kodal and their web company about this. Their prices based on $680/t spod, current price $960/t spod. I've suggested an automated function on the website that tracks the price of spod and updates the website automatically. Please do back me up with letters/emails on this. The more voices the better!
The directors most likely have a fair idea of what's coming so I think it very unlikely they'd accept shares at 0.31/0.36 if further dilution was on the cards. A JV is looking the most likely reading between the RNS lines. How it's financial structure will be we don't know but I'm comfortable now the SP will leave the 0.30s in the near future never to return!
Directors getting shares at around 0.31 to 0.36 tells me one thing: they expect the shares to go up in value! Liking what I've read today, we're all, whatever our motives are, on the Good Ship Kod together. Happy fishing days ahead!
Letters on their way, written on quality ivory paper, signature in ink, sent in quality ivory envelopes, addresses hand written in ink pen, Kodal got "The Adventures of the Speckled Band" stamp, their web designers got "The Red-Headed League" nice Sherlock themed stamps.
P.S. if I offended anyone with my reports from Afghanistan via my friend I do sincerely apologise. I did have to look into his eyes and see the weariness and pain of what's happened to his land. Always different when it is a real person in front of you as opposed to a News report on TV. He just wants everyone just to leave his land alone now to sort itself out. Whether it's right or wrong I could fully empathise with him. Will try and keep off of politics on this board all the same. Thanks.
Letter written, one to Robert Wooldridge and a copied in their PR advisors at St Brides Partners. Will let you all know if I get a reply. Hopefully they'll consider an automated update function to the price of Li2O spodumene concentrate!
Cool ok, I'll put together a letter but I'll avoid to much detail. It will be 2-3 sentences "why am I writing?" Next paragraph 3-5 sentences with the detail. Last paragraph 2 sentence "what I'd like them to do next". They'll know the figures far better than us so it will focus more on the benefits of updating the website!
Here is there contact: https://kodalminerals.com/contact/ I'll write a letter as written I always think better than email. If others could do the same pointing out how the website would be better automatically following the price of Li on the London Metal Exchange that would be great!
I have to agree, the website isn't doing them justice. I raised this the other day that really their price of Li on the site needs to follow the actual price of Li on the LME. It wouldn't cost them a lot to get this automated. Why don't we all email in suggested this and see if they take the bate?
Guys and girls I found this link, interesting to see that LME has a dedicated page now the mineral used in EV production. They certainly focus in on Lithium and update prices every Friday.
https://www.lme.com/Trading/New-initiatives/Electric-vehicle-battery-materials
I do think it would be useful if KOD updated their website price estimates on their Li to reflect the increasing Li prices due to demand. So, much potential here at Kodal!
Viggo, no offense taken. The board had an issue with a Fastjet and we've been keeping our eyes open for his return under a different name. You're of course undoubtedly entitled to your opinions as we all are. The problem with Fastjet was he was a blatant ramper deramper when it suited his needs. So, I guess when we see a new posted raising concerns, we just get a little jittering it's old Fastjet back again. Totally understand your concerns though with Northern Mali. I do feel it is entirely different to the other situation (not to go over it again). That's no offence, my mistake.