Member Info for Potatohead

Fingers crossed the spod price keeps climbing. Lithium is in high demand, and it looks like supply won't meet demand at a price under $1,500. The 32,000 tonne surplus is quickly running out.

Spod is now $944. Alhamdiddly doo!

Long John, I think you're spot on. The Kodal SP isn't great at the moment. You just need to be patient, but it looks like the spod price is heading back up to $1000 a tonne +, which is good news. Just to let you know, we don't need any funding.

Spod $925 🚀 🚀 🚀

Come on, Joe. Just let Long John know your hair colour and height.

I think Long John would be OK with you wearing a wig, so which colour would be best? What's your favourite hair colour? Do you like blonde, black or red? You can also wear high heels.

I think Long John may harbour a romantic infatuation towards Joe. He expressed a desire to establish a more profound connection with him.

Analysts predict that a global surplus of around 33,000 tonnes of lithium carbonate equivalent (LCE) will be reached by October 2025. This is equivalent to the output of two Kodal mines. This would be enough to make 810,000 electric cars, based on an average requirement of 36 kilograms of lithium carbonate or hydroxide per car. However, this surplus is not significant when you consider that batteries are required not only for electric vehicles, but for a wide range of other applications too.

Joe... The Mali government's getting 35% of the revenue/tax, but I reckon they're not going to demand it until the cost of the mine is covered.

The Kallanish Report of 16 October 2025 said that Hainan Mining splashed out $118 million to get its hands on a lithium mine in 2023. Hainan Mining only owns 51% of the company, with Kodal owning the other 49%. So, the report is wrong. There's a lot of nonsense here. It's like reading Viz, and when the chef comments, it's like reading the Beano.

We've been a bit down in the dumps for a while now. Let's see what happens if the spod price keeps rising and we get paid for our first shipment. If the SP stays around .0030p after that, then that'll be the time to start worrying; otherwise, it's all just noise. Everyone should just sit back and wait. Being patient is really important, especially when it comes to the stock market.

Kod gets the Shanghai Metals Market price, which is currently at $870. We're at 5.53%, so we get $801, which is $154, not $36. So, 120,000 equals $18,480,000, and KMUK 65% equals $12 million x 4 LOM, which is $48 million profit over LOM.

That's more than four times what Mrs Bloggie calculated.

The market can be a bit unpredictable. Take a look at EUA. There mines are in Russia and on Monday Trump and Putin fell out, so there are no meetings, and yesterday, Trump imposed sanctions on Russian gas and oil. Any investor worth their salt would see that as bad news, but the price of EUA has still gone up by 15% since Monday.

Also, the current African SC6 is US$830/t, not US$778/t.

Chef du Roll et Saucisse.

It's incredible, but we're seeing the complete opposite of the Lassonde Curve! Our SP isn't showing the usual upward trajectory you'd expect from a successful mining project.

That was a good one, Elcobbledore!

There's been no news, but the price has still fallen by 6.45%. The spod price has gone up again, hitting $870, but it's not making any difference here. We're super close to exporting, but the SP is moving in the opposite direction. Everything here looks like it's the wrong way round.

So if our big seller is only selling 10.5 million a week, it can't be SC. So who's selling heavily into every piece of good news we've had this year?

Shareinthis....I really wish I'd sold at 83 back in May 2023, because I'd definitely be rolling in it by now. I didn't do that, though, so that was definitely my mistake.

Lav... I get what you're saying, but if SC keeps selling while they've still got 1.8 billion to sell, what's to stop them from making our yearly high 30p or less so that their friends, our partner company Hainan, can buy us out for next to nothing? I'm starting to lose faith in this, and if it ever goes back up to 38p, I'll sell my shares and be happy to take a small loss.

I bought at 27 and 25 in the last year to try and average down. I made my main purchase at 45, and I'm really disappointed with the outcome. I'm actually thinking about selling at a loss, which is pretty embarrassing after four years of investing here, but I won't. I'll hang onto them and try to get my money back.God knows how long i'll have to wait just to break even. We built a mine and are now exporting, but the share price isn't great, it's actually $iss-poor. I was thinking about putting in another £5,000 if the share price dropped to 25 again, but I don't think I'll bother now.

I've had a stake in Kod since the Gold RNS in 2021, but the share price and performance have been pretty poor. Our mine is up and running, we're producing SPOD and we're about to start exporting it. Any ideas on how we can possibly improve this poor performance, if you have any?