Member Info for mercedesman

I get the feeling a lot of traders went short at 0.30-0.31 thinking it was going to drop to 0.25….. but it hasnt.

Could explain the big trades (possible late reported spread bets) and the arrival of people like “Bridgedogg”…… who are now starting to panic as we resume the steady climb upwards.

This is not a “jam doughnut tomorrow” investment, its a “hold it for the rest of the year and buy the entire bakery” kind of opportunity.

Top up/hold, there is zero chance the new FS does not add £25-100m value to the mcap.

Todays news has zero affect on the awaited news. According to company releases, the last piece of the puzzle was the LIDAR survey that was done in March and should be completed and analysed.

Still expecting the biggy in the next few weeks, something along the lines of….”based on more up to date Lithium prices ($1200-$2000) , “the project that was worth £500m, is now a £1bn-£2bn golden opportunity, who wants some free money?”

And angels will fall from the sky playing harps and scattering rose petals as we ascend to lip licking sp of 1-1.5p, then about 4 weeks later Bernard drops another masterpiece explaining that multiple parties are now bidding for a £180m investment to cover all capital costs to production and own 49% of the project as a result. The sp blasts to the 3-5p region because even though the official value is $1500/t, everyone knows that 2 years later when the mine starts producing, spod 6 is trading @ $8500/t and KOD have a 51% share of £1.5bn net profit, PER year, supporting a sp of 14-19p

; )

Squeezeit, not entirely true, GGP have a JV in place and have done at least 2 placings since, companies always need to maintain a healthy balance sheet to maintain operational flexibility until production, and thus income is generated.

Its more likely the placing was done now to give us a stronger hand at the negotiating table as discussions commence. With £3-4m in the bank Bernard can drive a harder deal and better outcome for shareholders (we dont need to take the first deal we are offered because we are desperate and poor, now we can take our time and get the best deal)

Mali law, separate Co. must be formed prior to commencement of mining.

FFX / Leo Lithium did the same before they took off.

Bonkers - not sure what your issue is with me, im here come rain or shine.

Ubanracer, very nice my friend!

Very positive about that update, sounds like things are bubbling behind the scenes and fully expect to get the updated FS followed swiftly by JV announcement.

Probably the last chance to add sub 0.3

Makes me think the post man is near. Exciting times!

VAST did 422% today on JV news

Imagine if KOD got updated DFS and JV at the same time.

B.O.O.M

Yeh, went back up tho didnt it?

Have a great weekend all. Every week is a week closer to lift off!

Very nice, very very nice.

Trading4good, what you have to take into account is national debt, when interests rates were at 5% and US debt was $7tn they could manage the interest payments, but with US debt pushing $35tn its unsustainable. A monetary reset is coming, but when, and what it changes to is anyones guess. But volatility creates opportunity!

44 mining companies on my watchlist, 36 of them are red. Just a red day in general and nothing to do with KOD. Clearly some ppl are worried about the wider economy, FED rates and potential for a great depression style pullback.

Not phased myself, i think thats 1-2 years off, and KOD will be 10x by then

*should have said offering me 0.361 to SELL

Sp is 0.36

Just did dummy trade and MM’s offering 0.361 for 5m shares

Someones desperate……. Someones buying : )

Wonder if there will be any biggys tolling in last minute again today

: p

Wouldnt want to be out of toilet roll if theres another lockdown?

Well ahead of you on twitter lmao

The way i see it once funding is secured you have to be looking at £300-£500m mcap, based on a 30% share of a £3bn resource, once mining, who knows, £1-£-.5bn is my guess. You can multiply out the current mcap to get sp but its a lot. Dont believe? GGP did £1.5bn mcap on 30% share of a £10bn resource, so £3bn resource = £1.5bn mcap, if we have £5bn worth of lith, that equates to £750m mcap at 30% or 15x current mcap (5.2p aprox)

TC101: il be top slicing soon…. At 2.6p, why would i sell anything before?! £3-£5bn asset at £60m mcap

Re Prem: yuk, management are just yuk, maybe worth a trade in a year or so

Price action: 0.35 was last resistance for now, unless russia let rip we should sail into the 0.4’s next week

Hopes: hope we dont get news until mid may and are 0.5p before it lands

No not me today. Im set for now.

2 new posters shilling two other lith companies (which they are invested in) tut tut

Quite happy here ta ; )