Member Info for Paul2566

Thats the exact opposit to what i posted.

Bfd

The market is simply responding to buys/sells, the MMs make their money from the spread, its just normal market dynamics, nothing more.

There are more people willing to sell lower, and fewer willing to buy higher so the SP gets pushed down.

Its generally held that over a longer time frame the SP tends towards true value, in the short term it can be way over priced and way under priced. If the market always valued a share correctly it would be much harder to make (and lose) money.

You are not alone.

I can only suggest that you ignor what randoms like me post on BBs, and make your own decisions. In addition AIM is probably not the place to start your investing journey. A tracker is a much safer bet, returns will be lower while you learn, but also with far les risk.

ATB

MAJ

I intended to include, I agree that in the short term as a trader market mechanics often do trump fundementals as investors often over react to both the up and downside.

However medium to long term fundementals always tend towards true value, thats why WB and many others have done exceptionally well over the years.

Both trueisms work, an investor just has to pick the correct one for both their skill set and acceptance of risk.

MAJ

You are I suspect a trader as opposed to an investor, and traders who are good at it can make very good money.

I'm not a trader, no good at it. I did trade this earlier this year and made £20 k profit, but I just got lucky, there were other times I considered a trade when it would not have worked out for me. In your case I accept it may well be skill, but for me it was just dumb luck.

I'm glad you made a nice profit, I do like to see PIs do well.

I do expect this stock to move around quite a bit, and have no doubt traders will profit from that, but my 30 odd years experience as an amature in the markets have shown me that for my skill set I'm better off picking a stock as best I can and holding it long term (as long as I believe there is profit to be made).

ATB

I do agree with one thing posted below.

'Newbies - just be aware of the nonsense posted on this board. DYOR.'

I still hold the same opinion that it will gradually move to around 1p in Q1 24, so after April. By then KOD should have made good progress in moving towards production.

But I agree that after we see what happens post production the price could jump a little.

Despite my opinion that there will be a steady rise, I also expect some drops as KOD encounters various problems/delays, which is almost inevitable when installing equipment and completing the required infrastructure.

I fear there are many on these BBs who believe in some sort of get rich quick scheme by holding a few hundred thousand shares and expecting an SP of £1 this time next year. If it hits 1.5p-2p by Q4 24, I will be very pleased indeed.

Is it, thats good, based on what exactly.

I understand the sentiment given some of the tosh thats been posted here previously.

However most invested in PREM will be good people making a poor decision, and its real money lost.

I don't like seeing any investor getting hit that hard.

ATB

I am thinking more like Q1 24 will see a fairly consistent bid at 1p or over, and maybe double that by Q1 25.

As for 10p, I can't predict that in the medium term, in 10 years, who knows, maybe.

I feel reasonably confident of my 2024 prediction, but thats all it is, and predictions are just opinions, and we know what they align to.

Just above the blue bar above the posts is a grey box, click to open and its a simple process.

I can't see what Watcher has posted as I decided what they were a while ago and blocked them.

Engaging with this poster is exactly what they need, not necessarily what this bb needs.

While everyone is entitled to their opinions, whether I agree with them or not, I doubt very much that this poster is invested in KOD, and cannot understand what they are trying to achieve.

Please don't feed the monkeys.

The question should be, 'how big does this resource need to get before it moves towards extraction?'

Bought back in at last. 8669 shares at average (including fees) of £1.0381.

It was between this and PHP which I already hold, but wanted another stock to go with my UKW, FSFL, NG., and SSE in this broad sector.

It was the apparant discount to NAV that swayed me, and hopefully locking in the current yield while I wait for sentiment to improve.

Hopefully I will hold this forever this time, at least thats the plan, although that was the plan last time and I only held it for about 2 years prior to selling.

MAJ

Hi, I understand you have your own views and strategy as to how you work the market.

What I don't understand is what you are trying to achieve by posting here, if its to educate and help others make money, I thank you for your efforts. I apologise if I'm wrong but I somehow doubt that is your aim.

You must realise that even if every investor on this forum sold today on any advice it wouldn't move the SP to any degree of use given the spread.

I wish you well in your efforts, but its a little tiresome with these threads containing drivel from 'experts', be it over hyping or deramping, both of which are sides of the same tarnished coin.

Danners

We are all different, and the main thing is its good to see PIs making money.

I sold earlier this year and made £20k after selling and buying back in. It didn't drop back as far as I had thought but bought the stock again. I got lucky, despite a poor decision. I wouldn't risk it again, but thats just me.

I don't think the money being transferred now will make a lot of difference, its already baked into the SP. I don't think there is any doubt now the deal will not be completed as expected.

I think it will continue to rise a bit more over the next few months as is, and with any more good news may make another jump. But its also going to fall back a bit every now and then.

Big drivers will be mine construction and completion, followed by extraction and sale. Thats what I am really looking forward to.

Many will take profit along the way and move on, and good luck to them, if I had my 13m shares at an average of 0.2p (which unfortunately I don't) I would probably have sold up today with enough profit for my needs.

I have no idea where this is going but I expect to see 1.5p in the next 12 months, and possibly more. In 2 years who knows.

Just another green box created. Don't feed the monkeys.

Most bbs are I'm afraid, just filter and move on.

Just a green box for him. Its just easier.

When the deal goes through this will probably rise to .6p in fairly short order.

Of course the deal is only done when its done, and there will certainly be setbacks to production.

Its always possible the deal could fail, but I doubt it, and even so although that would be a considerable nuisance, I doubt it would be the end of proceedings.

Looks like PREM is doing really well...................oh wait, maybe not so much.

My prediction, I think it likely both PREM and KOD will do well over the next 3 to 5 years, how well each will do, I have absolutly no idea. I don't hold PREM, but only because I hold 3 lithium miners/explorers already in addition to 2 other big boy miners, and thats more than enough in the sector for me.