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Ray, this is just my opinion but I think the deal is already done. We’re going about things completely opposite to BGS, it looks to me like both companies have been given clear objectives. BGS to prove scale and size with costing scenarios and KOD on metallurgical testing eg: bulk sample. All KOD needs to do is prove it can add say 40mt to BGS already impressive 65mt (possibly over 100mt). This is all my opinion and is why I keep buying. Both companies combined would make the worlds biggest and highest grade hard rock company in the world. Think about that and our current mcap.

I don’t need to say anything more; http://m.miningweekly.com/article/indian-state-owned-firms-mandated-to-acquire-overseas-lithium-and-cobalt-assets-2018-06-22/rep_id:3861

Morning Ray, yes your correct. I should have re-read my post before posting.

KOD mentioned on a couple of VOX podcasts yesterday, the interviewer has KOD shares and like us is baffled by the share price. To be fair to him he has written a blog on KODAL and it pretty much sums up the company. The SP angel representative mentioned KODs grades being in the top ten in the world and he was baffled to who is the big seller. I’ve got my view on this and I don’t think it has nothing to do with the asset being a dud. I’m ultra confident here and I do believe we will see this in the share price over the next few months.

Quote from BA “In line with this, we will be working towards the development of a maiden resource estimate over the summer months once we receive the assay results from the most recent drill programme.” I doubt this has changed.

Ray, I agree with you 100% and will be going to the AGM to vent my frustrations. If he pulls the JORC again then he will need security around him on the day. To be honest I don’t think it will come to that, I think the markets asleep to what we have here. I keep saying it but I our catalyst will be based on what happens to our neighbours. I looked at some calculations someone posted and BGS look to be as big as PLS which has a market cap over a billion. Worst case and I mean very worst case for us is we process our ore through them, I know it’s tough going at the moment but we will have our day.

Don’t panic all, gleam your info from BGS. PFS2 will show you what can be made here.

Lets be honest these results are fantastic, keep buying or holding and you will see a great return. All the pieces are coming together, you only have to look over to our near neighbours to see the that.

AJM should be AGM

Looks like he missed a key word in the RNS which was “JORC”, he’s got previous form on this by the way. I do think we will get a JORC before the next AJM as if he don’t deliver he will get lynched. Watch out for the VOX podcast later today, he will probably mention JORC and then the buying will start.

Christ, when/if we do get a JORC this will multiply like you wouldn’t believe.

Must be due any day now, it’s been 3 weeks. Come on BA throw us a bone FFS.

Ray, I’m not so sure about SC being compensated as they could have taken the price a lot lower. The deal makes BA look a mug as just a few weeks back he was saying we’re fully funded. Why say that and then go for a placing at a 52 week low? in my mind he wouldn’t of wanted it but was forced into it. The more I look at the placing the more it looks like a rushed job, but why? Maybe we will get the answers by what happens over at BGS.

Well, i topped up/averaged down again today. It’s becoming a habit but something is telling me to keep buying. We have news well overdue on the assays and the imminent PFS2 from BGS, I wonder now SC are in for there full allocation we may see a real game changing RNS from BA? it still puzzles me as to why the rush for SC to take there maximum allowance of shares. Could it be the IPO of CATL had them worried.....

Maybe BA might pull out a surprise, the heavily discounted placing might be a compromise for SC to dig deep and advance finance the processing plant based on the off-take agreement. Who know? We can all dream.

40% premium for 20% of the company back then was not a massive premium. They done there due diligence and knew they had a bargain. They offered £50 mill for BGS so knew the region was awash with battery grade lithium. They would have never accumulated that much stock for the % they wanted buying in the open market. We got f@cked over plain and simple, and In my mind this share price was brought down by them to complete the latest 10% of shares. Maybe I’m being hard on them and BA but I also have my suspicions in regards to the license fiasco. That’s all water under the bridge now and we can’t do anything about it but learn from it.

Count on my signature also. We can’t be far off the next RNS, hopefully BA will clarify some of the points we raise. If not, hopefully the google group created by sxxse will send a letter on our behalf’s. Strength in numbers normally gets a response.

Just seen that’s duffs, now that’s how to run a company. I can’t wait for the JORC here, will put a stop to all the games here.

The next couple of months will show us the direction we will be going in. BGS are now recruiting engineers for there processing plant, so you can see how confident they’re in regards to bringing mining to a reality. Things are hottting up in Mali, it’s only going to take one of us to make a move.........

Cheers for the podcast. That quote from Mayer “it’s best to fund raise when you don’t actually need it” what a load of b@llocks, I could agree if the share price wasn’t getting hammered to facilitate a robbery. We got played big time with that deal, and BA needs to know we can see when we’re being shafted. I like everyone one else want to make money here but I don’t believe shipping it straight to China is in our best interests. The 5000 tonne bulk sample will indicate if this route is profitable enough. I see two plans here, plan A is to merge with BGS and have a common processing plant. This is in BGS court as they’re big enough to go it alone, if SC do not come up with the money BGS think they’re worth then plan B comes into play, which you have just heard in that VOX pobcast. SC are happy as they get there product but we lose out as we’re literally giving it away. either way we will be at a lot higher share price than we’re currently sitting at.