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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.
CRK22, to be honest to don’t see it as a negative for KOD.
We’re at where we are, we need the mining license to be approved and then go from there. Nothing’s changed apart from the SP taking a plunge.
Fingers crossed whatever outcome works out for both companies.
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.
Stay safe and good luck all.
Chinese government have opened up the EV stimulus plan for 2 more years, this is probably why you have seen a lift in Aussie lithium shares last night.
Probably won’t give us a lift but I thought it was worth mentioning with all the crap news about.
Stay safe all
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.
Good luck and stay safe all.
I agree, nothings changed and we still await mining permit approval.
The amount of QE by governments will have a massive effect after the virus is under control.
Fortune favours the brave and to those that I buying any shares at the moment at these discount levels good luck to you.
The market is punishing everything apart from grocery stores, in regards to KOD nothing has changed as we would be waiting for the mining permit approval anyway.
The only problem I see is that every lithium junior is a bargain right now.
Stay safe all
It’s like death by a thousand cuts but nothing has actually happened.
Interim results on the 6th December stated cash was needed and the SP tanked. BA then mentions cash would be needed in some random Interview and the SP tanks again.
I’m just puzzled as to why we haven’t seen any cash raise since December and you guys could be onto something in regards to these gold plays as they’re being mentioned more and more.
It would certainly catch a lot of peeps off guard.
Good luck all
Guys this is a must read if your in any lithium stocks https://www.nsenergybusiness.com/features/lithium-ion-batteries-electric-vehicles/
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.
https://www.reuters.com/article/us-gm-electric-idUSKBN20Q2N2
https://www.nsenergybusiness.com/features/lithium-ion-batteries-electric-vehicles/
“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.”
Looks like it’s progressing well.
Latest tweet a few minutes ago.
$KOD management has been busy in discussions with local groups and government officials in #Mali!
(L)
#KOD geologist Seyba Tounkara presents the geology of the Bougouni #Lithium Project
(R)
Project Manager Steve Zaninovich and his team discuss #Bougouni with a Malian group
??
Mentions offtake and financing again, big year for KOD.
https://www.brrmedia.co.uk/broadcasts/5e4bfe132aec863039efcb56/kodal-minerals-bougouni-lithium-project-update