My thoughts are we need resolution to the arbitration and also registered accounts showing shipments and profitability. We all need to remember Kodal has achieved the unacceptable this will show in near time
With Kodal heading for repeat shipment income and increased output stage 2 the company is a cash buyer of anything it sees as a good buy in of any future acquisitions.
Thanks Bernard for clarifying and updating shareholders. Hopefully the arbitration will be resolved soon with the shipments paid for by Hainan lithium can't see its much of a issue except contractual interpretation of the agreement. Stage 2 and third shipment are next and already in the production and productivity with nameplate close
Kodal is not doing sensational RNS on every shipment because they are on going. Quarter financial reporting is more professional for a spodumene mine producer. We should see this approach in the share price as the markets realise revenue.
We should have news soon of the second shipment hopefully it was loaded this weekend. With the spodumene price being double the first shipmen kodal should do well. Looking forward to market reaction tomorrow.