It’s going to be very interesting to see how this plays out from here, if MLLs lithium tenement is up for sale which looks increasingly likely now, I doubt Shandong aka SC will not take a punt. I wouldn’t be surprised if this wasn’t mentioned when they signed the MOU about sharing resources.
Let’s hope both KOD and MLL share holders don’t get f@cked over on this.
Some interesting developments over at our neighbours, to be honest I’m not sure what to make of it as I don’t know enough about them. You can read what shareholders of MLL think here. https://hotcopper.com.au/asx/mll/discussion/
A lot are saying they can see a merger between KOD and MLL, I’m not sure but I do know the mcaps of both are low enough for someone to take advantage off.
I do hope for both MLL holders and KOD holders to not lose a lot of their investments but we’re in troubled times.
BIB, you took my post out of context. The nothings changed part was simply that. KOD have no other news to provide apart from mining permit approval that would have been the case even if we didn’t have this ****ty virus.
In regards to fortune favours the brave I was talking about all shares which have had a mauling not just KOD.
It now seems all the big players are finally all in, what with the article yesterday about a shortage of battery grade lithium and impending spike in prices surely we will start to see a shift upwards.
“Like @sdmoores at @benchmarkmin I have been saying what many found laughable. Lack of #lithium investment has sown the seeds of next price spike. Coming soon: 3X “spot prices”. While the old “Big 3” slept or waffled on expansion, @GanfengLithium moved ahead.”