The company is clearlyhugely undervalued given the catalysts coming, premium bid attempts at 33p, the stellar project fundamentals and resurging lithium price. However once has to wonder when you see a rise like this is if its because a 3rd takeover bid is coming this month.
New tweet https://x.com/AtlanticLithium/status/1763418245980401746?s=20 much longer life of mine and teasing higher than 365k production.
Lithium spot price up again, lithium futures up again, ALL up again on the ASX. But still very undervalued.
Neil states this will be a momentous year for ALL. Ratification and offtake news must be very close now.
https://x.com/ALLTheChairman/status/1762913375032410219?s=20
Soon changing, very news rich period to come.
https://x.com/ALLTheChairman/status/1754822510053388624?s=20
So with the spot price rebounding, future up consecutively we will get lithium price rises for the next 1-2 months before settling in a new range. With Kodal at rock bottom this means a lot of money will return here and send this up. A few smalls moves and it will find its way back to 0.5 comfortable. Time to load up some more.
For those that missed it, the fabulous new presentation detailing production and resource strength.
https://kodalminerals.com/wp-content/uploads/2024/02/Kodal-Investor-Presentation-FINAL-February-2024.pdf
Hainan engineers on the way to get the mine built.
https://x.com/miraculus_11/status/1762741992323170612?s=20
Lithium prices going up and up.
https://x.com/jczuleta/status/1762676992380457140?s=20
Once KOD starts trending up it will keep going until it hits a major resistance. This would be 0.67 so a long way to climb, but the excellent fundamentals and rising lithium pricr will take it there soon.
Petroinvestor incorrect. This is moving up not because of ramps but for several very significant reasons.
1. The lithium spot price is up for consecutive sessions
2. The lithium futures prices are up considerably
3. Kodals new presentation states all on track for 2024
4. Kodals new presentation reveals soon they have a 50mt resource
5. The stock is very oversold
6. The fundamentals are excellent with with top 5 lowest cost production in the world and 150k output
7. No debt, fully funded, has excess cash
Do some research!
KOD about to breakout
Guys and gals lithium pricing is trending up, the daily price increases are going to drive a lot of money back into KOD so a big move looks likely.
Piedmont up 15% as are most. ALL at rock bottom with lithium rising and big news incoming.
So much news to come: https://i.ibb.co/zs6JTWp/Atlantic-Lithium.png