Member Info for sebo10

A very conservative almost irrational valuation based on due funds and the value of the 51% paid by Hainan would place a value of about £120M+ on the lithium alone. If we assume about £30M for the gold assets then we get 150M market cap. Based on no forward visibility and no FOMO. It's clear that we are very undervalued right now. That will change quickly once the funds land. Shorters beware. I tried to buy on Thursday and really struggled - something is afoot.

This is going to 1p + once confirmation comes through. I wouldn't want to be caught out - it will be difficult to buy under 0.8. What more is there to say? An easy big win here.

You are talking rubbish. The sp has been undervalued for ages mainly because people were waiting for the new tax year. They knew that news was April and therefore could take some off the table etc. The value of the cash alone when investment takes place is 0.6. That doesn't account for £1 billion plus profit that the mine will generate in just 4 years. I've said from the beginning that the sp should be over 1p and 1.3 p is a good figure. It will rerate very soon - don't be a fool that misses out on a 150%+ rise...

I don't see any excessive predictions from brokers. The sp is multiples below where it should be assuming sign-off on the deal. There is no indication that anything is not going to plan. News very soon now imo....

I don't think the market would wait that long. As soon as sign-off happens people will pile in. Human nature and FOMO.

News will be next week. Hainan won't be waiting around. Both Chinese and Mali officials have been around in the last month. Once approved this goes to 1+p.... Our valuation should reflect the £billion earnings coming our way.

If you'd said that 2 weeks ago - I'd say go for it. News must be days away now after 6 weeks since the deposit RNS. Better sooner than later though, don't be a deer in headlights....

That's the value in the ground before digging it up. Kodal will earn over £1 billion profit over 4 years. It should be even more than that I reckon. We should not be down in the 30s...

It's been like a viagra embargo on a retirement village here. I think that this share is being held back by risk averse. I don't know what to think... We need an uplift. I invested at 39 hoping for something big. I'm still waiting for liftoff.... Come on Bernard!!!

Just had a chat with Ernie, can't believe the share price isn't double. He invested here too. It should be miles higher than this! What a weird situation.....

News will land very soon. They won't leave it to the wire. They'll be pressure on all sides to get the lithium flowing. We must be close to a major Gold jorc as well? Investors seem to have forgotten about that? It's not just the Lithium.

Well, I think that the twitter post was a puff statement. If it was material, they are obliged to Rns after what would be a leak after 20% yesterday. This should come good one day, but can poor investors wait that long?

I've been watching on the sidelines for a while. I saw the opportunity to invest near the very bottom. It's bound to bounce if good news lands. Share price was 4 times higher a year ago.

Buy as many as you can. This is one of the most undervalued companies on aim right now. We are waiting for approvals. There are always risks but this is derisked massively for me. Your choice of though.

Leo is valued at 520M, it might be the maximum value right now. Kodal's Mcap is tiny by comparison which has to change now. I still believe that we can hit £250+ before production starts. It's a strange situation, the market is waiting for the deal to be finalised. Then it's blast off, the plant will be built quickly - 6 months. Both companies work out of Mali - seems that that isn't the reason for a low 66M valuation.

Lithium prices will go higher still over the next three years. I'll glad that the tide is turning here. I want to make lots of money after 18 months of static prices with inflation hitting record highs. Was about to sell everything before the Jan rns hit. Lots are struggling atm. A big win will save us from having to significantly reduce our holdings.

Sorry, replied to Bottled.. :)

No, 100% wrong. We get $100M for 51% of the mining company. Our 49% therefore is instantly valued at 96M. Then add 18M investment into Kodal minerals.

Once next Rns drops... The share price will jump. It needs to be up at 1p just to reflect the cash investment. Nevermind the potential revenues. Kodal is significantly undervalued. There is no doubt about it.

It will be up near 1p once the funding transaction is approved. That's in the bag. The other bags will come over the next 6-12 months. I'm often bemused when people think that it will take a year to do 1 bag. It won't unless something goes very wrong indeed.