Member Info for stephen11

Good find Mafee,

I'm interpreting it the same as you are - the flotation plant will be funded from cash flow AND an additional capital injection from Hainan - Point 5

What do you think makes your company such a compelling investment?

– Top 10 lithium hard rock spodumene resource in the world.

– Mining licence granted over the project providing the foundation for becoming the first lithium concentrate producer in West Africa.

– Fully funded to production of lithium by year end 2024 from Bougouni with a fast-track low capex phase 1 DMS operation.

– Massive exploration potential with target established to increase mineral resource by 50%.

– Phase 2 flotation operation to increase production by a factor of three by 2026/7 that will be funded from cash flow and additional capital injection from project partner Hainan Mining.

– Kodal holds a positive outlook on EV demand and energy storage systems is set to continue and out perform.

I've been away all day and just read all todays posts - i thought for a moment i was living in some sort of crazy parallel universe.

Anyways, now going to get busy with the delete button.

GLA long-term-holders - you all know who you are.

Stephen11.

Well said that man InvesorTrev

Yeah, i'm looking to get out of AIM in around 5 years, bar a few small investments for a bit of sport.

The good thing about ISA's is what goes to Vegas stays in Vegas. That is, when i sell AIM stocks a few years down the line, that are in my ISA, i will reinvest in dividend producing stocks through the same wraparound. Some good ones out there that consistently produce a 6-10% divi.

GLA.

Stephen11.

Good post Muppet Guru,

I have a mixture of houses, FTSE stocks, unit trusts, and AIM listed stocks. The AIM stocks are definitely the most stressful, but can become strangely addictive.

Maybe in an ideal world it would be best to invest in AIM with money you are not afraid to lose and use the rewards for life's little luxuries.

PS....by the way i don't always take note of my own advice!...LOL.

GLA.

Stephen11.

They certainly seem to be putting the products out there. That's about 5/6 conferences they've attended all around Europe in the last 2/3 weeks - hopefully sales start to follow - very soon!

Should also get NICE news in December 2023 regarding the stroke genotyping test .

See paragraph from RNS on 28th Sept 2023 below:

"The draft guidance from the UK's National Institute for Health and Care Excellence ("NICE") Diagnostics Assessment Programme "Clopidogrel genotype testing after ischaemic stroke or transient ischaemic attack" has recommended that CYP2C19 genotyping should be used before clopidogrel administration in the management of ischemic stroke patients. NICE's final report is now due in December 2023, and the Company is working to provide final performance specifications for the report. The work for DEVOTE will mostly contribute towards the extended clinical performance data now required for IVDR registration of new products in the EU."

GLA.

Stephen11.

Great to see:

03-Nov-23 11:20:28 9.20 500,000 Buy* 8.00 8.50 46.00k O

03-Nov-23 11:20:26 9.20 500,000 Buy* 8.00 8.50 46.00k O

GLA.

Stephen11.

Good - typo.

Slightly of topic.

I'm definitely going to the AGM next October and will probably take in a Premier league match with the family aswell.

Would be got to get a pint with some of the longtermholders after the AGM - plenty of time for planning.

GLA.

Stephen11.

Great average MuppetGuru - genuinely pleased for you.

It's not often that this type of opportunity comes along. I had planned to build a house extension in a couple of years, although its now looking possible for me to get a new house, rent my existing house out and still have money left to go on a free run (at 2p as share). Transformational for me and the family. Not taking things for granted though.

GLA.

Stephen11.

As Len Goodman from Strictly used to say:

‘SEVEN’

Is on the horizon 😊

Who cares what monetary amount another shareholder has Bottled - everyone has to start somewhere.

Respect to Ben and thanks for sharing your informative video.

I agree with your point Horult - my money is here to 2026/27, but just nice to see the pieces of the jigsaw come together either ways 😊👍

We seem to be starting to see a small increase in share price each day in the build to the 15th of November, similar to the trading pattern experienced in the rise of April this year.

If you look at the 1 year chart we went from 0.51 on Wednesday 5th April to 0.88 on Thursday the 20th of April, within a period of 15 days.

Let's say we exclude today. We have 10 trading days to the eve of the 15th November.

Obviously nothing goes up in a straight line, so say we start at a mid price of 0.64 and the share price goes up on average 4% each trading day, which is rather conservative.

We would be sitting at 0.94 before trading on the 15th November.

Factor in lithium resource upgrades in December, gold drilling results, and plant updates in the future and this share starts to look like the gift that will keep on giving.

GLA.

Stephen11.

Thanks Sharespy,

Looks like Uncle Bernard, the country mgr to the right, Hainan execs to the left and officials from the Mali government opposite and at the top of the table.

What’s not to like 👍.

Clueless,

I have noticed a pattern developing around your posts 🤔.

You’re quick to criticise others yet fail to offer any analysis or factual information yourself to back up your feeble statements.

In other words you contribute fudge all to this platform.

Sincere best wishes to other long term holders and all new investors - the journey is just beginning - great times to come 😊.

Stephen11.

You make a valid point SmartPunter in that African countries, such as Mali can have volatile, often military backed governments. However, I'm sure most investors have taken this into consideration before investing.

I outline my reasons for being optimistic about the transfer of the mining license below:

- Local jobs for local people

- Improvement of road, water, and electricity infrastructure in the local area

- Promotion of Mali as being a country that is pro-mining and one that welcomes outside investment

- Lucrative for Mali Government from the % cut that they will receive

- Etc, etc..............................................................................

GLA

Stephen11.

I’m very happy with my holdings and have an extremely healthy average Stockpick

Have a lovely evening 😊

Maybe you will be right Clueless - but even a broken clock ⏰ get the time right twice a day.

Just when i thought things couldn't get any stranger, stocksaint is now talking to himself.