Member Info for savs1907

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The news is only just getting out, but it won’t be too long before serious investors and funds take notice - some already have. Right now, it’s all about the potential, given the poor financial performance to date, although the previous board did well with R &D as is evidenced by the sheer aggregate of grants they secured. Over the next few weeks the SP will be all over the place with day traders in particular dipping in and out. That will in the main, reduce significantly once the SP breaks through the 1.5-2p barrier.

By then, the new BOD will hopefully provide some clearer idea of their intentions on projects and investments - at that point those who have bought in sub 1p will see significant uplift. These new guys are serious and industry experts - just check them out.

Medium to long term - who knows - but this must be one of the best, if not the best investment prospect right now on AIM. In fact AIM might not be the right platform once these guys get going.

Https://stocks.apple.com/ALc-LlrzsRM2UetqLMDOZFA

Straws - clutching - connect those and you've got Horis' position!!

Are you really sure Horis - most of your posts have been ramping this up to £3 - absolutely laughable. We also had yesterday a number of other desperate LTH suggesting that Mr. Hunt would be the saviour today - again that hasn't quite delivered. I think your wish will be granted Horis - ADMINISTRATION.

Not a bean counter Quant - an IP - I've had a few years looking at Balance sheets from a commercial basis rather than purely numbers. Agree with you - the EV market will be huge - just not this company though - it won't be around to take advantage.

This is another of the AIM listed businesses with almost nothing by way of assets backing up a ridiculously over priced share value. It's turnover is miniscule, even by AIM standards and its balance sheet is hopelessly insolvent. Talk of the new giga factory is laughable - the company simply hasn't the funding for that and has nothing to pledge to support any further loans. This is nothing more than a share to gamble with - buy in the morning, sell in the afternoon and take 10% if you can get it. I despair of those on here who post what great prospects this company has, especially if any new investors to this board act on such misguided and wholly erroneous sentiment. As for Horis predicting £3 - I think he means £3 for the entire issued share capital - and that's 3 quid too much!

Again Horis, sadly no. The only thing to expect here is a Notice if Intention to appoint Administrators. If you understood the simplest thing about finance, you only need look at the balance sheet - hopelessly and massively under water.

Sadly not Horis. Drill down into the last accounts - real T/O only £200k - the rest was grant income. Massive loss and a balance sheet crying out for administration - just look at the licence liabilities. Only one way this is going - the clue was in the company's own RNS a couple of days ago highlighting Administration. The new funding mentioned yesterday is simply about 1/10th of what's needed.

Just been through the accounts in detail - my only concern is the treatment of the Canmex advance payment - the $32.4m is shown as a current liability under trade and other payables. if the auditors have treated it that way, then that would imply that, subject to whatever other discussions are currently ongoing with Canmex, that it is a liability repayable by the company, given that the company has not fulfilled its obligation. If that is correct, then Prem will absolutely need to raise significant further funds - more than likely by a discounted placing.

Once again, LSE have difficulty in showing the correct action - just purchased 3m and showing as a sell - this is a common theme on LSE and sadly distorts the true picture of what is happening live in the market. I've gotten used to it over the years, especially as I invest longer term, rather than day trade. It would be great though if LSE could report transactions correctly!

Just back from holiday and now watched Epstein's interview. I've been a long term holder adding whenever there's been a dip - and there's been a few of those! I think Epstein has now achieved the basic gravitas with Bitso that MOS needs to start being taken seriously and more importantly, to start generating decent cash and profits. The Bitso deal is one that will give MOS some serious recognition within this sector and undoubtedly lead to further lucrative contracts. If this were a mining entity - KOD/PREM, we'd now be at the proven reserves stage and onto production. Only one direction from here and that's up - this could well be a serious multiple from the current price.

Hi Ron

Impossible to forecast dividend at this stage - we're still in the "setting up" phase. You could make assumptions as to what the likely P & L and cash flow would look like once production is under way, but at this stage there are just way too many imponderables. Further, any dividend will be way down the line after production commences - I doubt you'll see a dividend declared until at least 18 months after production commences.
With the utmost respect, that shouldn't be a priority right now - you are invested in a properly and fully funded lithium miner that will be in production within 12-15 months. By all means, take a profit now, but if you can afford to hold on, I would do so - my own personal view, based on a few calculations I've run, is that once in production the company ought to have a market cap of c.£2.0b plus - at the current equity that would equate to a share price of approx. 11p. That though does not take into account other fundamentals when valuing a business such as multiple, p/e, NAV etc.
If you can afford it, stay until at least production starts. Good luck.

Level 2 showing .69 - .75 to buy and .55 - .68 to sell - that shows just how much demand there is out there for KOD. This is an extraordinary opportunity - one that is quite rare on AIM in this sector - after the next £100m later this month, this will be a fully funded lithium mining entity with enormous resources to extract. Even with 17b shares in issue, the upside here is simply huge. I've been in for quite some time, regularly topping up and will be continuing to do so for the foreseeable future. For me, its not a day trade looking to get a quick 10% return - nothing wrong with that approach before the day traders bit my head off - but this is a long term hold. Once in production, it will also be supported by sound financial fundamentals. Simply the greatest opportunity here on AIM right now.

The only reason I think this share is so cheap is because it's not on many investors' radar. The latest RNS is a tad bland but it does show serious intent by the company. The upside in the share price could be huge - the risk to investing here is whether you believe the company can deliver - same can be said for most AIM miners. My research suggests this company is more advanced than some other similar entities and that at this price it really is a steal. GLA.

I repeatedly warned about this stock earlier in the year - all the warning signs have been in place for sometime. Those still holding really need to sell even if its a loss - you'll get nothing if it goes under.

In fact L2 now moving back up again - 1@.26 and 3 @.25.

Certainly didn't help, but really it only affected that particular seller - trades are still in the .22 range.

still 6 quotes - all at 500k blocks - only 1 at .26 - 1 at .25 and 1 at .24 - slipping slightly - probably profit taking.

you a BLU fan then Ice?

three brokers showing sell at .26 - level 2 depth 6 - indicates upward pressure - looking strong right now.