Member Info for Paul2566

I'm embarrassed to say as I type I'm 89.62% down, fortunately only £1,710.60 invested which is worth £177.52.

It's my own fault though, I got caught up in the hype, the resource and the location.

I forgot to step back and ask myself some pretty basic questions.......

When will BHL commence extraction.

Who are they intending to sell the product to.

What is their break even price point for the product.

Pretty basic for even a novice investor, and reminds me that no matter how good an amature investor I think I am, I can make some ridiculous mistakes.

I see you type you intend to close your position in BHL when they break even, I'm afraid I remain unconvinced that BHL is likely to regain their highs. I have so little value in this now it's not worth doing anything except hold in the hope I am wrong. Thankfully I was just cautious enough not to go heavy on this, but I think I could very easily have been a lot less cautious.

I have never been this wrong with any share in over 30 years of tinkering in the markets.

Note to self... when investing use head not emotions.

ATB

Laveerda

Absolutly, if Hainan took KOD to the cleaners, no other resource developer would risk dealing with Hainan again. As it stands Hainan get most of the benifits they probably want with only half the risk.

Mirabeau23

There are a lot of things that could happen, I don't think that scenario is one of them.

Personally I don't believe Hainan will make an offer for the remainder of KMUK, not at the moment anyway. I think Bernard and the board of KOD have great expectations for KMUK and we don't know what safety clauses were built into the contract. I think it highly likely that Bernard would have seen the potential threats and has them covered.

I think KMUK will go to production, and we will see a rise in KOD as a result.

As for dividends, I don't think we will see any for a year or two, it's more likely that the gold will be developed, and other licences aquired. At that point there may well be offers, but Hainan will not be the only game in town.

My best case scenario is KOD at a sell price of at least 1p by April 2025, and 2p by April 2026 with the potential of modest dividends, and further growth going forward. Based of course on absolutly nothing apart from my expectatios.

I just checked the PREM SP, I can understand why a holder might be rattled.

It's a shame, anyone who has taken a knock on a stock knows it's not a good feeling.

I think BHL is a good mineral explorer, I'm just not convinced they have a good strategy to capitalise on it.

Best case frome here is perhaps to find a partner with experience in extraction who will set up a subsidiary company with BHL and pay a premium for a 49% interest in that company to extract and process what has been found. BHL just does not have the capital to build the required processing plant at the required scale.

Of course there may well be a plan, in which case it might be a good idea to tell investors what it is.

In October 2023 Ian Stalker spoke of potential production in 2025.

Well 2025 isn't that far off now but I have not read of any update on that front. I think it would be over optimistic to believe that frome where we are now BHL could achieve production by the end of 2025.

It does indeed look promising.

However I have not seen recent information on what their end game is. It's all fine and dandy increasing the resource, but how do they intend to realise a financial gain from it. Do they intend to partner with a miner, if so when. Do they intend to sell the resource, if so what will trigger that decision. They can have all the lithium they like in the ground but until something gets sold/rented/leased, it's just a patch of dirt.

I started to get a bit concerned when Charles FitzRoy left the company for what appeared no good reason.

Well I hope you are correct, I can't help but be excited about this venture, and have a great deal of confidence in the management.

My SP target has been 1p for at least the last year, that dosen't mean I intend to sell as I do genuinely believe this has the potential to increase substantially in value. Personally I hope that there is no buyout, as my intention is to put a stop loss at 1p when/if it hits 1.2p. 1p being the target I set where I would be ok with the return on the risk I took on when I first invested, I say ok rather than happy as it would be far below what I hope for.

500% I hope you are correct,although I suspect that might be a little optimistic for what then will be an early stage producer.

I currently hold 13306729 of these. I sold and made a little over £20k and bought back in a little later, I rarely trade but greed got the better of me. In hindsight looking at the sums, I would have been a little better off now if I had just held at my original average.

I have for quite a while hoped to be at 1p by Jan 2025, which may well be a bit conservative, but I'd rather be surprised over disappointed.

As you know lot will depend on the Lithium price, but I think the real increase in my investment will come through 2025/2026.

By then hopefully KOD will be a proven producer, and have some more information that will encourage the cautious investors to buy in.

None the less I hope I am dreadfully wrong and that your suggestion is nearer the mark.

ATB

Market in genral has been a little upset the last couple of days in part in reaction to the US FED now expected to provide only one rate cut this year.

My point was, it seems a little early to be talking about £1.8 if that is what was meant.

Painless

Is that £1.8 or £0.018.

I have 13306729 of these, and I was thinking I would be very happy if I saw 2p in the next couple of years.

Elcobbledore

My average is similar at 13.49, only a very small dog in this race though as for me it was too early to justify a reasonable holding. To be honest I have all but written this off and just check back now and then to see if there is any change worth doing actual research on. I bought this to monitor 5 lithium plays, sold two at small loss, gone really heavy in one (£93k), and have a reasonable sized holding in the third.

Andy as others have said do not put all your eggs in one basket, no matter how much you like the basket. AIM stocks in particular are a 'get poor quick' method of investing.

I bought this stock a while ago, it went up and I sold with a little over £20k profit, if I had waited I would have made more. The KOD SP fell back and I bought too soon, over the next few months I was looking at a paper loss of over £40k. Basically I make the mistake of letting greed rule sense. Thankfully it's on the up again, but if I had not done sufficient research reading about the company, the CEO, the geology, I would have had a lot of sleepless nights. I think KOD is a real diamond in the rough, but make no mistake it is still a high risk stock compared to some others on the main markets. If you are young enough and have a high risk tollerance, out of £40k I wouldn't invest more than £10k in KOD, splitting the rest between something like LGEN, RIO, HSBA, TRIG, PHP. I'm not recommending those stocks, but it gives a decent mix of sectors. A more sensible approach for an old git like me would be to restrict any investment in AIM to nearer £5k out of £40k. Unfortunately for me, my risk tollerance and sense do not match my age and I rarely listen to my own council. But I think few would argue if I only have £40k, putting it all in one stock, even in a mian market is absolute madness. I echo the entry by merce, and personally hold easy access cash on hand for emergencies, although I keep it in Premium Bonds. Sods law will probably strike and force a sale of stock at the wrong time if you don't have cash for surprises.

Not sure how recent or correct this data is but one online source has Institutions holding 24.5% of KOD, and PIs holding 46.3%. The remainder being held by individual insiders, public companies and private companies.

You will not usually see an established stock with a 46% Pi holding.

M_wall

Not completly correct I think Suay Chin International Pte. Ltd. and HBOS Investment Fund Managers Limited hold stock, however I agree that most will be waiting until the money comes through the door and accept they will have to pay more.

No not institutional yet. I think there are a few at the trough, but you will see the big buys when they get really interested. Just mostly PIs at the moment.

Guitarsolo

While I appreciate your comments are not advice, they seemed reasonable based on your experience. I haven't increased my holding of 3567 shares, but did hold. I may well add more to bring my average down in the event they fall below around the £3.3. If they don't go that low I will be happy to hold and take the dividend. ATB

Robleo

I don't tend to trade, I have done occasionally with various stocks, sometimes it works out sometimes not. Overall I have found trading to be less profitable than holding.

I will most likely invest dividends from LGEN and MNG elsewhere, only because LGEN is currently just over 15% of my portfolio, and MNG is nearly 20%, which for my risk taste is a little heavy. I have several other stocks where I would like to increase holdings to bring those averages down in LGEN and MNG. I have a growth stock sitting at just over 16%, which at some point in the next couple of years I hope to sell and move the money into income stocks, at which point I may well be in a position to add more LGEN. When I started out many years ago I tried the trading game chasing quick money ('This time next year we'll be millionairs' Mindset). I don't have the skills and all it did was make me poorer.

I've just closed the last remnants of my position here, (608 sold today) which a couple of years ago I would have said would never happen. It has been a good stock for me and with dividends it's given me a very good return, but I think for the next couple of years my money would be better working elsewhere. I still like the nature of the stock and its underlying qualities. When not if things change I hope to hold SSE again.

ATB