Member Info for Potatohead

Laverda....

Hasn't there been fuel rationing since at least September of last year? Today's news tells us that Mali has acquired a 51% stake in a Chinese explosives company that operates in the country. This has shaken the market, resulting in the latest SP fall. It must be disappointing for the new shareholders.

This is not good at all. If we get another 200 million SC dump, the SP will be back in the 20s in the blink of an eye.

SP just dropped to .0047

Painless....

I was curious about the SP opening at .0051, but it remained at around .0049, which I found surprising.

Bfd....

The SP opened at 0.0051. I saw it fall to 0.00485 at around 08:08. So it was a sale. I couldn't see the exact quantity sold, but I saw it drop to 0.00485 at 08:08.

From approximately 2:30 pm onwards, I noted a total of £108,000 in sales. Please note that the £101,070 from 8:28 am, which was also a sale, has not been included in the figures.

The SP ended down 1.96%.

It's now £93000.

Thank you for your response, P119.

It looks like either £40,000 was sold or bought, which is very unusual. They could be stop orders or buy orders, but they certainly look like stop losses to me.

Can anyone explain what these 'unknown trades' are? They're all at 0.0049.

It looks like the herd has gone to graze in a different pasture.

I've seen it all before: huge trades after hours, and they were all sell orders.

"Gordon Bennett!" This one has clearly taken the wrong direction, which is not an uncommon occurrence for Kod.

I've been here for four years. My 1.40p target is now looking more achievable.

Ya beauty! We finished at 0.050p.

Laverda....

Great to see you posting again! I hope you are well. We're all getting on; my body is now full of pain. I never thought that, at the age of 67, my body would be full of pain. However, I do remember an older gentleman telling me that the older you get, the more pain you have to put up with. Anyway, it's nice to see you commenting again, and I wish you all the best.

Let's go, Kod! I'm confident we'll end above 0.050p.

Go, Kod, go!

The ore grade at Prem is 0.5%. Kod's ore grade, for comparison, is 1.2%. Prem and Kod are very different.

NettlesTheCat...

Well done! I think you bought at 0.030p, so you're doing well. I've calculated that, based on a typical PE ratio x5, we should be sitting at 0.085p right now, so Kod is still grossly undervalued.

Spodumene is currently trading at $2,090. If the price remains above this level, which seems highly likely, then... Kod now has enough money to finance stage two.