Member Info for mercedesman

0.7 ringing the doorbell

I hope BA said 2 months knowing it was a few weeks away to teach the traders a lesson : )

Buyers delight +4.2%, DFC deal about to be confirmed, 7p incoming.

Added 750k @ 2.6-2.7

Same again tomorrow

From what ive heard we are almost there, either this week or next

Am contemplating adding another £40k today. Hmmmm

From a technical perspective KOD is a screaming buy, bouncing off the 0.466 support, and the lower trend line, AND over sold on RSI.

If I had a kitchen sink, i’d be unscrewing it right about now

Added 5m, this will be back at 0.6 by next week

Good morning all. I’ll be loading the barrel for a top up on this now, looking at all the new names to the board spreading doom this morning i’d say someone else wants in cheap too 😄 dont let em get yours!

Reassuring that progress has been made, suggests it is just snail pace paperwork holding things up

Long and strong, Go Kodal!

Fantastic dave i hope you dont take this too personally, but no one cares about wether you made 3k or 8k profit in KOD, you are preaching to people who have 10x that movement in the value of their KOD holding on a daily basis. If you’ve sold up just move on, were all grown ups here, we know the risks. no one is taking advice from someone who turned up last week to tell us they once had a few million shares. Move along bud.

If we delay we’ll see 0.5

Complete tits up and it 0.2

Deal done and its 1.5-3p

We got it 👍🏻

Dont bother Daz, all the LTH’s here know you are very balanced. Dave is just another fart in the wind, annoying as it passes by, but never lingers for long

If anyone wants to try and claw back what little remains of there decimated portfolio, I know BRES are about to announce a big deal with the US Gov. Could do anywhere from 20-100%, then flip it to KOD At 0.5p in about 2 weeks time for their deal confirmation and ride that 75%, hey presto, you’re back in the game.

Your welcome 😎

Danners RRR is probably one of only a few companies with a CEO worse than PREM, GR was lazy and stupid, leading to the current situation, he at least tried to make something work and failed, but AB is a complete and utter crook who’s only goal is to dangle carrots to willing PI’s before doing another placing. Stay well clear of RRR, they’ve been at it for 15 years!

Lav I think you are on the money with mid July prediction. We are close.

And after waiting 18 months just to be in profit, im more than happy to be patient and get this deal wrapped up in the coming weeks. Once done the value is going to come thick and fast.

BRES tweet “with DFC coming on board”

You couldnt say it, without actually saying it any more.

DFC funding will kick start the DFS and Mike looking at a much bigger project with this funding, DOUBLE the original $480m NPV!!! And hinting at expanding the resource too.

By my calcs if the DFS goes smoothly BRES will have a price tag of around £240m by this time next year 🤪

24x your money anyone? 💰💰💰

https://twitter.com/blencoweres/status/1673574379475865600?s=46&t=PeOEOiJ3vWgucAB-QvR9zQ

The daily and weekly price of any given stock is merely a reflection of its current supply vs demand, and has no bearing what so ever on its intrinsic value. Those that understand these principles will excel in investing, those that dont will fail.

Fantasticdave, to clarify, im not saying you are wrong, it may well do what you said, or what I said, the point i was making was that if you are basing your decision to buy or sell on what you think other investors are going to do, you are just playing musical chairs. if you value a company correctly (based on experience of trading mining companies for 10+ years) then it doesn't really matter what other investors do, you sell when the market reflects the true value of the company, regardless of whatever short term spikes and pull backs occur.

Anyway, off to gym, have a great weekend all, they either be a BOOM, or a top up opportunity to look forward to next week 👍🏻

Hi Matt, have shared many times

$5000/t Li02 6% puts test plant alone at 5.4p, full floatation plant makes it 14p+

But lets be conservative and half that, 2.5p on DMS plant, moving up towards 7p later seems reasonable, and that does not account for upgrades in resource or our gold prospects.

But i like to think in small steps, so my goals are

1.3p on funding

1.5-2p on Drilling expansion (this year)

2-3p in 2024 with added Jorc and Gold news

Then take a breather and come up with 24/25 prediction based on how the above has panned out and depending on the price of Lithium at the time.

One thing is for sure, 2p is an absolute minimum for me to sell now, bailing too early could be extremely costly, i remember all the sad sacks that were in GGP when it went from 1p to 6p and then pulled back to 2.5p, they panic’d and “banked their gains” out of fear, and then it went to 38p 🤭

I would only sell if it was very over valued, like if we hit 3-4p next year, then i’d take a bit off, but until then its Hold Hold Hold 😎💪🏻

Fantasticdave I think the issue is that people are trying to predict the sp movement based on “a feeling” rather than simply attributing a value to the company based on its assets and its current progress. Much better to estimate that the funds will land in the bank, and an aggressive drilling campaign that doubles the current Jorc resource will likely see KOD valued at £200-£400m and work out the sp.

Saying it might get to 1p and then drop back is just baseless guessing. imo

Devil666 “Ucrane” sounds like a heavy vehicle hire company 😄

Great interview, I will be adding more as soon as I can.

$1Bn NPV on the cards!