Member Info for Newby12

Great stuff

I have been doing some more research into this and have good reason to believe that Kodal's Bougouni mine project will be more lucrative/valuable than the initial feasibility study suggested. I looked at some of the key metrics of the nearby Goulamina Lithium project (ran by Firefinch Ltd, Australian-based); likely that the purity of the spod in both mines is similar as geologically they are in the same area.
- Goulamina covers 100Km2 and Bougouni covers 450Km2
- Goulamina total ore reserve 31.2Mt and Bougouni total ore reserve is (indicated and inferred) 21Mt ***only from 3 out of 8 prospects sampled from the 450Km2 area*** - so possible that total ore reserve in Bougouni is around 35-40Mt
- Metallourgical recovery at Goulamina is 70% (how efficently the extract lithium oxide from the ore) and Bougouni is 83%
- Firefinch entered 50:50 JV agreement in June 2021 with Ganfeng who will plow USD194mil, putting value of Goulamina mine at UDS388mil, with spot spod prices at the time ~600 USD/Mt
- So a rough guesstimation would put value of Bougouni mine (once DFS confirms and opinion matures :) ) at USD500mil - THIS IS WITHOUT TAKING INTO ACCOUNT THE 400% increase in spot price of 6% spod

USD500mil (GBP360mil) is x9 of current market cap - not taking into account gold mine

Thanks Ilyas, I am a small investor in here and have been learning loads from all your posts - average at the moment is 0.38 so waiting for RNS on PFS

Quick question on your calculations - you made an assumption on the quantity of lithium ore in the mine I presume right? what Mt?

Thanks!

Newby12
Posts: 9
Price: 120.70

No Opinion

RE: moose2010 post from yesterdayToday 16:35
I am a LTH and am enjoying your bipolar posts the most! hahahah

Good luck to all true LTH

---------------

My post here was of course intended of Moose2010

I am a LTH and am enjoying your bipolar posts the most! hahahah

Good luck to all true LTH

Not sure if everyone has seen this, but Avon's press release on 2nd Dec states they will announce end of year results next Wednesday on 15th Dec. Good luck all LTH

Agreed regarding min living wage - but that should affect physical retailers as well right? Unless we think that e-commerce companies are more likely to have staff on/close to the MLW, rather than high street shops?

I had seen this story on thisismoney, over the weekend. https://www.thisismoney.co.uk/money/markets/article-10123145/China-giant-Sheins-tax-ruse-big-threat-Boohoo.html

My issue is that ASOS shares traded sideways for 3-4hours this morning, before diving, so it would be difficult to solely attribute it to the tax-clauses that Shein enjoys

I think MMs are probably having a playing field today and this shoudl recover to >27 within 1-2 days

I entirely agree with everything you said

If your 'no proof' comment was for the fact that vaccination reduces risk of transmitting covid, the proof is the NEJM study I posted. If your comment was not intended for the reduction in transmission comment, then ignore me

Good luck people!

Yes of course, my mistake when I said it doesnt prevent you from getting it :)

What I meant is it reduces significantly the risk of getting it! but doesnt prevent. Again sorry

And as I said, vaccination reduces risk of transmitting it as well. So this is another reason why airlines would advocate for vaccinated people to board their planes. Because in the event of a vaccinated person being an asymptomatic carrier it will be less likely to pass it on to unvaccinated people

A sorry, you were talking about cases in general, apologies. Again, what I said still stands (as 47% comes from 69% of fully population and 53% comes from the rest 31%). So of course it prevents you getting covid, and this population data is totally in line with what all peer-reviewed clinical studies have shown.

So you are incinuating that the UK does not pick up all the positive cases and not testing enough?

I am trying to understand how you arrived to your conclusion of 'vaccine is clearly showing that it doesn't prevent you getting covid'

Sorry for spam hahahaha, I realise it doesnt let me post a URL link? its my first time posting

Sorry this is the link to the NEJM study https://www.nejm.org/doi/full/10.1056/NEJMc2107717

SEA7

- In this nice study published in NEJM (https://www.nejm.org/doi/full/10.1056/NEJMc2107717), PHE shows that infection of vaccinated people, is 40-50% less likely to be transmitted to unvaccinated people. This has been known for 3 months. So vaccination also reduces transmission to others
- I am not sure where you got the 47% figure (please post if you can), but the CSO yesterday said that 60% of hospitalised are unvaccinated. This comes from 31% of the population (the part that is unvaccinated) and the remainder 40% of admissions (vaccinated) come from the 69% of the population (the fully vaccinated proportion). Therefore, it is at least 3 times as likely to be admitted if unvaccinated rather than vaccinated

Just wanted to correct any false perceptions. Vaccines reduce infection risk, severity, mortality and transmission
DYOR