Member Info for LithBoy

I'm in both KOD and GGP plus HZM and sitting tighter than a camel's **** in a very very strong sand storm. My shares are not for sale so de-rampers go take up a hobby like knitting or something!!!

I'm relatively new to GGP but not mining shares on the AIM. My dicision is simple, I'll hold for 2 years and then see where we are. I empathise though with the frustrations on here, but if you are an experienced investor in the mining sector you'll know that "tree shakes" happen and you just have to hold your nerve. Good luck all!

I'm relatively new to GGP but not mining shares on the AIM. My division is simple, I'll hold for 2 years and then see where we are. I empathise though with the frustrations on here, but if you are an experienced investor in the mining sector you'll know that "tree shakes" happen and you just have to hold your nerve. Good luck all!

@Apprent1ce that's ok, just my opinion. I think people can over think stuff on here at times, which has it's place but then so do the fundermentals:

Is there Li in the ground? Yes
Do Kod have the contracts? So far so good
Will people need the Li? YES!!!

To me this is a good investment to have in one's portfolio and Mali isn't as bad as it is made out to be particularly in the region where KOD is. As ever dyor.

Without going into the calcs I've always though 6p to 7p around production time on sentiment. So 2023/24 which also coincides with EVs really hitting the markets according to some analysts. One can never know but I'm holding until well into 2023. Right now, just an AIM dip, the fundermentals of the company remain very promising: Li in the ground, JV partners swarming around, EV revolution on the way!

Also keep in mind that it's only very recently that Spod 5 has become commercially viable. Why would BA assess before this if it had no value then? Spod 5 now does have value so they have to now spend some time getting this right. As for potential JV partners, just take a look at Lithium Americus Corp, ffx, bcn even. There is more interest in Li than you can shake a stick at. Virtually all car adds are now EVs or Hybrids. So, I for one are unconcerned about our dip due to trader's usual. As ever dyor.

Agreed and another point, BA said "more news within six months" not "in six months". This means news could come tomorrow for all we know and not next March. And let's not forgot the directors all have substantial share ownership here in KOD. So be careful of selling and thinking you can come back next March you might well be caught out in the meantime!!!

I've learnt not to pay much attention to boards like this after a major piece of news. The de-rampers come out in force, so I let the dust settle then take another look. As far as I can see HZM have transitioned from an explorer to a mine constructer on a major scale. No small feet and what it tells me is HZM are a very well run company, Tech, Glencore and others think so and they know there beans inside out. In my opinion good things lay ahead for patient long term investors. Just ride out this storm and ignore the bull****** who always come out the wood work on major RNSs. They are out for themselves and no one else!

I'd agree, we're going through a short term dip on the dip and the placing of new shares at 7p. Ride this short term dip out and there will be rewards. Keep in mind their EV mine us yet to be factored in and in my opinion they are a very well run company. Raising what they have was never going to be easy but it indicates to my mind confidence in HZM to deliver and improve on 7p significantly from multiple parties. Just hold or top up is my opinion.

10p might not be as far fetched as it sounds. A big market cap for a company of this size but then we have more Li now from the additional 80% purchase, Li 5% to be priced in along with the 6% repricing at current Li price demands. Add in a good gold result plus Mali forming a democracy around next Feb and I can see this going to 6-7p so on sentiment why not 10p?

I sure do hope you are right. It is odd though we have such a low SP and market cap given the position we are in. Let's hope the re-valuing of the Li, gold news and financing package send this one flying. They'll come a point where the buying demand will simply push the MMs to raise this SP north. Hold tight is all I can say!

The last thing we need now is a bloody take over sub 1p. This does have JV written all over it with our chumbs Gangfeng! Come on BA drive a hard bargain!

Oops, should be "no more droops"

Please more droops after RNS, let's go north now! Stuff the take over, bring on the JV I say! Come on BA, don't sell us out this close to the line!

Surrounded by Chinese sharks yes, but it doesn't smell of a take over in my opinion. I was in BCN and that went for a ridiculously cheap price to Gangfeng. The CEO was shifty as anything, BA on the other hand has agreed a SP based salary as have the other directors in KOD. So, I'd say a JV is looking more likely. Also Gangfeng haven't taken over FFX they've agreed a JV. The drop in our SP I'd say is a combination of churning through the new share release to purchase the 80% of the additional Li field and an old fashioned tree shake by the MMs. Be careful of selling now all as this could bounce at any given time!

A few points to consider in my opinion:

1) We knew the licence was coming.
2) There have been new shares released to purchase more potentially rich lithium land.
3) The next RNS's about new value of current land, potential value of new acquisition, JV which is looking the likely scenario given the directors pay structure relating to SP and targets and the gold value are all unknown.

AIM prices in the known, moves on the unknown. In my opinion I'd not be swayed by the current tree shake and sit tight for the next rounds of RNSs over the next 6 months. There could be a lot of movement north, far more than most have now been intimidated into believing by mr mm!

Yes, to be expected and I was thinking just the same I'd much rather see steady rise. A very good hold indeed!

I was going to give a 2 out of 10 for the initial deramping effort of the subject line here but upped it to a 3 out of 10 for the creative way he/she pretends to be surprised. Well you ain't having my shares that's all I can say!

Love it nbul! One day I hope you are right!

Agreed and let's not forget sentiment plus when (I hope) the licence drops the market will start to factor in the JV given the high likelihood of getting one given the current and ongoing demand for lithium. Let's wait and see though. GLA!