Member Info for Potatohead

Dazgard....

Yeah, well, I missed a few zeros, so let's make it better just for you. Let's say .0080p, is that better or did I miss another 0?

If SC hadn't continued to sell, we would have been over 80p months ago.

Come on Kod.

I've been trying to figure out how much Arcadium's spodumene cost to produce, but since they couldn't make a profit, it must have been more than $800 a ton. I think they had 50 million tons of equivalent spodumene. With Rio buying them out, we could then make a rough calculation of how much our mine is worth.

Very true Jolly...

Our situation is very similar to a death spiral financing arrangement, but we didn't get a bad loan, the situation we are in now was certainly not foreseeable and is truly shocking considering the mine is almost complete and producing SPOD.

Lesson 1: Don't invest in any enterprise that involves the Chinese.

Lesson 2: Remember lesson 1.

After the initial 5.5% spod was produced, we shouldn't have found ourselves in this predicament; if things continue as they are, it might drop back to.0010p. This is a terrible position that isn't much better than death financing.

If SC's is doing a slow-motion sale, then it'll be October before they're out. Not a long wait, and by then, spodumene prices are expected to be higher. In the meantime, it'd be interesting to speculate on the potential offer that Hainan might present to Kod regarding a purchase of our company.

"Sell on news, buy on rumor" is a common saying, yet the volume of smaller sales still surprises me. SP should be much higher, it's unbelievable it's so low and It's completely insane that there are more sellers than buyers based on the RNS we got.

Maybe that's happening Sunshine but why would SC keep selling when as you say Bernie is about to light the touch paper with a decent RNS that will put SP into orbit ....?

While Kodal has made great strides, the £15 million payment to the Malian government is not the only issue. Undoubtedly, the license and a seller with two billion to dump have hampered it. A month, a few weeks or a few days before the supposedly positive news? incredibly disappointing for LTH.

That's very true, Daz, but after 20 years on AIM, I think you're better off trading bitcoin.

Any bad news and we tank, any good news It gets sold into. This one sentence sums up the situation with Kod over the last 6 months.

I said back in August that someone was selling and I was told there was a buyer, so don't worry. At least we know the buyer is not Hainan.

Hainan buy with dilution is 40p

I have just sold 2800000 which I bought at 29p, if SC is selling then so am I, I will keep the rest and hopefully buy back in at a later date.

Relax Daz, at least it's not a death spiral, they got them at 31p so I'd say that's the lowest they're going to sell.

I saw it last July, somebody was selling, they have 2 billion left, so now we have to wait for them to exit. If Hainan pays it's £7.5 million share to the Mali government, then maybe Bernard can try to buy back from SC,

Normally, as a Brit, I would want our Prime Minister to be present at Trump's inauguration, but not this lie@bour Prime Minister. Two-tier Kier stole money from the poorest pensioners and God knows how many of them have froze to death. Millions of the poorest elderly, who were only £1.50 above pension credit level, lost £300 of their winter fuel payment, yet he has managed to find billions to donate to Ukraine for a war that has nothing to do with us.

Hopefully the tree shake is over, onward and upward for us LTH's.

I see no problem with the Malian government taking 35%, they need the money for public services.

Come on Kod.