Member Info for Potatohead

It is estimated that 42,000 tonnes of spod are currently stored in bags. Can someone please tell me if they saw the spodumene that wasn't bagged? As you can see in the photos, there's a lot of spodumene that hasn't been bagged yet

I didn't see any Kodal reps in any of the photos. I only saw Malians and Chinese people. I also saw two Moxy trucks, so this must be a small mine, or maybe they hire the trucks and are now working at a different mine. Moxy trucks are used to move ore or waste.

I have to say, there have been a few oddballs hanging around here lately, but I'm sure there's a perfectly good reason for it. I think someone's giving the trolls over at ADVFN a hard time, bullying them, and they can't handle it, especially fastjet. Now that we're getting them here, they do seem a little disoriented, chatting about turnips, potatoes and even nettles.

The current spod price is not around $630 per tonne, but $693.

Today, this BB's been like watching paint dry! Where's the chef? Come on, Chef, we need some entertainment!

There's too much negativity on the board. The spod price has gone up by over $50 in the last couple of weeks. It won't be long before the spod price goes past $750 and heads towards $1,000. We need people like Acker to come back. It's a bad day when the chef is the most positive person in the kitchen.

Perhaps it would be wise to not take anything that Chef says too seriously; he may not be the most intelligent person. He's definitely not the full shilling, and I wouldn't even rate him half a sixpence.

The rollercoaster is going back up again! Hold on to your seats, everyone!

That £2500 bought 18 minutes ago was mine. With the spod price rising, I couldn't resist. I expected to get another million but just missed it.

Nettles... Actually, I believe it reached 0.88, and that was without a mine or a mining licence.

I enjoyed all the discussions about tax havens and financial advisers, but if you're invested in this, you're more likely to end up living in a cardboard box on the street than buying a chalet in the Swiss Alps.

Even with the resource update and export permit, if the seller continues to dump relentlessly, the SP will go down.😂

If that's the case, they're being pretty devious, and their relentless selling has done a lot of harm to the SP.

Accionista, I have a feeling there's something going on behind the scenes because our SP shouldn't be this low. Even if we obtain the export permit, does anyone really believe that the SP will rise and keep rising? There is a seller or sellers who have been selling virtually every day for the past 11 months, regardless of the quality of the news. If they continue to sell, I can see the SP heading for the 10s. If it reaches the lower 10s, that's when I'll buy more to reduce my average. What a disaster this has turned into! Why the sellers continue to sell every day while the SP continues to fall is anyone's guess. It's an unusual situation, so maybe we should stop buying and let the sellers continue until the SP hits rock bottom. Eventually, they might realise that they have lowered the SP so much that it's no longer worth selling — and that will be the time to buy. Hopefully in the low 10s.

The constant sellers has really dampened things down here. They have been selling heavily since at least July last year. Based on the information we have received and the RNS, we should have attracted a significantly higher number of buyers. However, potential investors are adopting a wait-and-see approach, having become well-versed in the sellers' tactics. The sellers have clearly passed their sell-by date, as they have shown a complete lack of respect for other investors.

Chef, you are receiving rude comments because virtually everything you say is derogatory. We know the share price is poor, as is the spod price. We don't need someone posting daily to remind us of that fact. Why don't you give it a rest?

The spod price will rise again because demand for lithium is extremely high, not only for electric vehicles but also for many other applications. Demand for batteries for solar and wind farms is huge and expected to grow significantly. Currently, there is a surplus, but this is expected to turn into a deficit by the end of 2025. It's a waiting game now. We need the spod price to rise, and hopefully the seller will go away.

To be truthful, we have received favourable news which should result in an increase in the share price. However, following the last three favourable RNSs, the share price has in fact declined, not increased. I'm not going to take any more risks here. I will wait to see if this negative seller has finally run out of good news.

It's about time we had some good news!

So we found out via Accoinista that Gangfeng shipped spodumene to China on 24 June. It's a shame that Kod hasn't kept us updated with news like this, particularly given the current state of our SP. Hopefully, the spodumene price will continue to rise. This could mean that our SP will start to accurately reflect our resources, rather than being practically worthless.

I'm no troll. I've got millions of these, and you can now buy them for 25p, but I don't see many people buying them. I do see the 5 million dumper still dumping, no matter how low the SP is going.