Member Info for SorB

Why sell now, absolute madness. Don’t fall for the MMs instigated drop.

Their won’t be two processing plants, we all know that. In my opinion BGS can go it alone, you can see that in the latest PFS. Now the big money will be in how big the processing plant will be, currently BGS are planning for 2mtpa. I believe as soon as our JORC is released (I’ll be over the moon for anything above 50mt to start with) this will pave the way for a merger as we can easily take them to 4mtpa possibly 6mtpa. A 4Mtpa plant, For every 1Mt of ore put through a plant, you can work out the amount of spodumene concentrate you will get, by inputting the grade, recoveries and desired concentrate grade i.e. 200,000tpa of concentrate per Mtpa capacity, a 4Mtpa plant ends up with 800,000 tonnes of concentrate per annum. Based on the BGS PFS you may be able to produce at $285/t. Current Price of concentrate is over $940/t. (GXY are currently getting this) Therefore: ($940 - $285) * 800,000t = $524,000,000 USD EARNINGS PER YEAR. All to be released very very soon.

To be honest I don’t give two F@cks who merges with who, I just want to make as much money as I can out of this. I’ll hold my hands up and say BGS is the bigger more advanced play and if they want to call us BGS I’m fine with that. I know one thing, I’ll n the next few weeks/months we will have news on the table and it won’t mention that two bob outfit TSI.

GFD, cheers. I’ll look forward to the answer.

I can’t be there to ask the question but that’s the question I would want answered. Why was a placement of 10% of the company done at a 52 week low.

Chinese pm meets Malian pm yesterday, coincidence? who knows but does make things very interesting. Also interesting to note that in the africa down under conference yesterday the Mali minister of mines spoke about his country being very keen to diversify into lithium. So much happening behind the scenes, one thing that has me stumped is the need to diamond drill through the rainy season, any ideas why?

he did say JORC in September so it could be Monday. And jorc before AGM is what he quoted. Roll on Monday.

BGS - our neighbour who is more advanced than us, who we can gather information from. TSI - you can fill this in.

I shouldn’t have to point that out to someone who is invested in KOD....

I didn’t say they were s@it permits, I pointed out that the assays maybe we’re not quite good enough to be published to the market. Anyways that is TSIs problem and this is a KOD message board.

Stonedchic, no disrespect but maybe TSIs assays results are S@it?. Good luck with your investment anyways.

Just doesn’t add up, you have clients willing to pay $940USDt and your telling us you can’t get an offtake partner? The Deals done, I bet SC go to BGS with a an offfer of over 80cents a share and it’s not far away.

Not long now... Look at the market cap of some of those companies, I wonder Where do we sit on that graph: page 20 https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=BGS&timeframe=D&period=M6

Hold on to your shares all, have a read of this taken from Twitter. $GXY realises $940USDt sold for 5.83% spodumene concentrate, an 11% INCREASE from prior 6 months. Bodes well for other hard rock #lithium stocks such as $BGS, which at these prices, could be making over $650 p/t cash profit. #ASX bargain.

IMO the Chinese are lining them up for a take out. Fireworks after our JORC and AGM.

My hunch is this will start moving up today, only days away now from game changing news.

That Posco deal has seemed to have lifted the whole lithium sector, nearly all the lithium stocks on the ASX got an uplift from it.

It going to go ballistic over the next few weeks/months. This just out: http://m.koreaherald.com/view.php?ud=20180827000598

Stonedchic, no disrespect but anyone with any spare cash is going to pile it into KOD. I’ve justed looked at TSI and in my opinion they have nothing to offer. (Not yet anyway) We all have our conspiracy theory’s on how this is going to play out and you obviously believe strongly in yours. Good luck as always and I hope your investment comes good.

https://www.theguardian.com/environment/2018/aug/26/electric-cars-exceed-1m-in-europe-as-sales-soar-by-more-than-40-per-cent