Member Info for samhew

You are probably right with that one albatross. It use to be so frustrating seeing the share price move and my order would just sit there and never go through. I could never understand why a broker like Hargreaves or aj bell could offer a quote instantly but trading 212 would take days/weeks to put through even a small trade.

Rimma, I had the exact same issue!

Even reported trading 212 for it. It would put my buys at the highest possible price and sell at the lowest. Sometimes I was left looking at the days chart thinking it’s never even hit that price today. I moved off trading 212 about 4 years ago for that reason. Move to a site that allows you to accept or decline a quote. Rather than tradings 212’s approach of “we will buy and sell your shares at whatever price we want and whenever we want, or sometimes we won’t buy or sell your shares at all!”

No point trying to argue with them on trading 212 as they are useless. Probably why it’s free!

And I’m sure these free trade sites are the reason we get discrepancies with what is a buy and what is a sell when you look at share trade data as it never use to be as bad

Cheers all! With the q1 update rns and that video it’s kind of impossible to say it’s based on anything else. That’s pretty black and white. Creates a fair price basis for us and Hainan! Works better for us in a rising lithium market, and covers Hainan should prices drop whilst the cargos at sea. Seems reasonable imo! Either way these shipments are worth millions and with an aisc of 647 it’s a tidy profit! Roll on the next update! Think I’ll switch off until then. Have a good weekend!

Theoretically then there is a chance we hear of the 4th shipment being loaded, triggering the 95% interim payment before we get confirmation of the 3rd shipment arriving in China 😀 with so much product at port already the ship for the 4th shipment could have already been chartered and on route to be loaded. Cant imagine they’re waiting around for one ship to get back to China before sending another.

I agree bfd. If the responsibility of the cargo falls on Hainan once loaded, You’d like to think that “delivery” is complete upon the cargo being put on the boat. So it would be an average up to that point? Final delivery would be when it arrives in China and has been tested.

Although I think the first 95% is an “interim payment” not a final payment so to speak. So the 5% that has been left unpaid can be adjust according to the average price per tonne up to arrival in China. And moisture content etc?

Having read back through those RNS’s that makes sense. Thanks again. I suppose with the delay in the 3rd shipment. If lithium prices were to continue falling until the ship arrives the average price per tonne maybe a little lower. All though they could just as likely go up! It’s wait and see then! See why you was saying earlier it isn’t worth worrying about an exact average.

Thank you both for the explanation!

I still think it’s a day 10 average though 🤔 as per the February 5th RNS I can’t see anything regarding an average from processing to loading?

Bfd, fair point made! I tell you reading this chat bored doesn’t help with me questioning everything 🤣 and it just goes to show AI might be good at finding out SOME useful information but it had completely missed that part in working out payments.

I’ve got no idea what the green box is saying…

Quite nice actually. I’d imagine it’s leebruce, silver fox chef or fastjet or Johnnypc to name just a few

This is from the February 5th 2026 RNS

A second shipment of 20,000 DMT spodumene concentrate is currently being loaded at the Port of San Pedro, Côte D'Ivoire, with the vessel expected to commence shipment to Hainan following completion of loading. LMLB will issue an invoice for 95% of the value of the cargo with the price to be calculated using a 10-day average prior to the vessel being loaded and adjusted for grade and moisture content. The invoice will be paid in line with the terms of the offtake agreement.

I was under the impression that the first 95% payment, received upon loading onto the ship was done using a 10 day average of the 10 days prior. The final 5% is calculated off of a 1 month average upon unloading in China. Allowing for any price changes whilst the cargo is at sea? And final testing on quality in China? Is that not correct?

If that’s the case the small delay between shipments and the recent drop in lithium prices might mean a lower average. Not that it matters much at all with where the spod price is at the moment!

Just released I’m on the ring board 🤦‍♂️🤣 thought I’d loaded another one and someone was cross ramping! My bad!

Still stand by it, this company is the same as it was years ago under a different name and idea! How I clicked on this I don’t know

Forgent 🤣 that’s hilarious!! You mean Eqtec? The gasification company that achieved nothing. Stole near 60 million in share holders money and then the ceo ditched it and moved to Dubai 🤣 great cross ramping attempt though! Stay away from Forgent (Eqtec) another scam company like prem under George roach. Both have raised millions and have nothing to offer. filter box for you!

Compared to how I was thinking it could go at the start of the week I’m happy holding. Not adding anymore. But happy to stick around

I don’t think there’s much Kodal can do regarding the sale of suay chins shares. We are just waiting for the right departments to sign it off. What’s still having an effect on the share price in my opinion is the arbitration. Which now it’s been past onto a third party can take up to 12-18 months to resolve. All though a settlement is usually made before that.

Personally I’d rather we settle. Even if it means us paying it we could agree to only pay it when Kodal starts receiving dividends from kmuk. So after stage 2 has been funded. Resolving the arbitration and having no effect of Kodals cash on hand. At least it’s no longer overhanging on the share price.

Still, plenty of good news reported recently, lot of questions answered and more to come with the quarterly updates shipments and FID on stage 2. Moneys still rolling into kmuk even if it’s not quite yet reaching Kodal yet. Still a waiting game.

You are picking out certain bits that fit your negative agenda though bad Oman. I wouldn’t be surprised if you but the RNS in to AI and simply asked find me everything negative about this!

You’ve been banned before for this, and likely will again. There’s so many positive in that RNS and you choose to focus solely on the negative. At least attempt to put a positive spin on things. I know I haven’t been the most positive recently. But I will hold my hand up and say I was wrong.

Yesterday RNS answered all of the questions I had prepared for the AGM. Ba and Steve pulled off a blinder under some difficult circumstances. Steve stepping down was expected at some point so no surprise there. Who knows, I’ve said before, maybe we end up doing a JV with castle for gold once our share has been bought of the mine 🤷‍♂️ just speculation! Looking forward to the AGM today.

It takes a 2 second google search to prove you wrong bad Oman… just admit when your wrong. No shame in it.

I’ll answer that bad omen…

Because Kodal is a minority owner, it cannot fully consolidate the massive cash flows and physical assets of the producing mine directly onto its own balance sheet. Instead, it accounts for it as an investment in an associate. In their June 2026 financial results, Kodal reported that despite Bougouni achieving record shipments and multi-million dollar revenues, Kodal PLC received zero dividend income from KMUK. The cash remains inside the JV to fund expansions