Member Info for mercedesman

Afternoon all, still hollybobbing but just got a half hour to catch up.

Still no update 😬😄 im happy either way, if we get the extension il likely be able to increase my holding, if its sone we go 🚀

Personally im hoping for an extension as im in no hurry and I can up my holding another 5-10m shares at some point in June.

We’ll find out tomorrow im sure 😎 but regardless of the timeframe, its the 2-4 year position here that has me really excited.

1p will have a nice ring to it mind you

Some news? Any news? Theres plenty due.

Agree daz, Kodal’s resource is going to greatly expand as soon as drilling gets under way. $500m Mcap within 12 months in my opinion

😄 likewise, off camping tomorrow down to Weymouth for 9 days, so I may be afk a lot next week.

Have a good one everyone.

Alright you rowdy rampers calm down 😄

Lets wait for the news before calling 2p on Tuesday. It may be another delay, and 0.55 before we pop back to 1p when funds are received.

Lets keep it chill until we know where we stand. 😊

Yes Lav, I suppose the question is, did KOD file for KMUK registration prior to Hainan confirming their side, or did KOD wait until Hainan had completed before setting up KMUK

If its the former, we must almost be done, if its the later, it could be another 6-8 weeks 🤷🏻

June 1st is 4 months from receiving of the $7m deposit.

Agree, I think we get an extension, mind you most who weren't prepared to wait have already gone from 0.8+ so to a degree its already priced in. So long as progress is being made im happy to wait. I damn sure am not going to try and get clever and possibly miss the move.

Re PREM, Called it last week...

"Wow, just had 30 mins to catch up on the Prem debacle 😬 not sounding good, large raise, looks like the fact they are going to dilute to high heaven for the rest of the year has finally sunk in. In my opinion this move by GR is a precursor to an appalling update on the shipment, aka, there is no shipment, or the recovery rate is so poor its delayed and tiny, and GR has had to do this now rather than at 0.5 after he is forced to disclose the news. Not surprised at the reaction, i would be completely out of it on this weeks developments. And apparently a problem with the mill being reported by staff too?"

This is the problem with falling in love with a stock, holders were wilfully ignoring obvious red flags and just praying for a miracle. I guess thats learning the hard way.

Morning all

Speaking of numptys, someone got skinned for 10m at 0.61 😱 ouch 😆

Dumbest post of the day

anyway, school run!

10,000,000 buy @ 0.6315

That'll be the mm shysters and shorts closing out

If you really wana see how unscrupulous the mm's are, i could put a 10m buy order on at 0.64 now, and they will within 60 seconds move the offer to 0.66

Shall we test the theory? lol............hold my beer.....

Keep BRES chat on their board, msg me there if you have a question

Course not steve, mm's will take every share at this price and then sell them to retail investors at 0.7 in a few hours lmao

Worth noting that I've had this exact situation before, many years ago BEM dropped 32% in the space of a few hrs, and then went back up and finished blue, traders will pounce if they see an opportunity, but the market will always correct to 'fair value' in the end.

No Danners, i think its shorters betting on a delay, some holders probably taking some off in case of a delay, and general market factors (Debt ceiling looming in 8 days time)

its all bluster and gambling, fundamentally ZERO has changed, expect a strong bounce when the dust has settled

No KOD will have aprox 44.1%.

Its clear to me from the sheer amount of trades going through, and the flood of new names shouting "Doom" that this is an organised short attack.

Does that effect what KOD have? No

Does that effect the future value of the company? No

Does that change my 2024/25 target? No

Let em have their few days of fun, it matters not to those that see the value for what it is, the only losers here will be the inexperienced individuals who panic and sell at such undervalued prices.

Me, I'm whistling as I work, 3 coats of paint applied, and off to the in laws for a BBQ. I suggest if today is making you uncomfortable then turn your screen off and go enjoy the day, because in the grand scheme of things it matters not , and on paper I'm down £75k+ today, couldn't care less, I'm not selling until 1.6-3p, and I will get it ; )