Boughini Lithium project Hi Bowood,Thanks for reply.A lot of all this is clearly guess work to an extent.IF the KOD mine is the same size as the one just sold (as implied) not taking into account the current actual mines structure then its worth about 1.6p - 1.8p just for this one project alone. I am led to believe KODAL have a few.Hence I think it fair to start questioning value at 50% discount which for me is a target of 0.7p-0.8pObviously Alltold and others have their opinion on value? most notable being in excess of 1p short term.This is the extract from RNS I liked:The recent announcement of a proposed sale of the neighbouring lithium project owned by Australian Stock Exchange listed Birimian Limited to a Chinese buyer for A$107.5 million highlights the strategic value being placed on high grade Malian lithium projects, and the value which can be achieved through exploration. With this in mind we are keen to accelerate and expand our exploration programme.But hey your guess is as good as mine and at least you have a profit which is more than I do, I just have a piece of paper at this stage with my holding printed on it.Maverick
Re: Tears Hello Maverick - yes is does hurt in a way, but I had more than doubled my money within a week on the back of the fund raise and I thought that was fair enough. There is of course the £1m in the bank but they will need a lot more to exploit the project - they also said that they knew of no reason for the increase in the sp when it was much lower so the BOD have covered themselves. Your 0.7p puts the mc at some £36m and it needs to be a big hole to justify that. Could be a long nervous weekend if still holding but GL
Push through Well my comment that if it hits 0.40p it should push straight through is looking promising.I am not sure we are anywhere close to tears at this level.I think if it hits 0.7p that's when you should think about it more and take stock of your position.For me that's my target for a long look in the mirror.Maverick
Re: Tears I am holding currently, but slightly nervous as I invested in Atlantic Coal a few years back 0.25p which shot up to 2p and then fell sharply back down to 0.1p. Hopefully this will not happen here!
Re: Tears Is this because you are out by any chance? Oooh it hurts I know!Maverick
Ggp Take a look at ggp. Also flying again after many stagnant years in the doldrumsGreat day for my junior miners today!
Re: Tears Well actually across the board, prices of resources and exploration licences are keeping up as the markets have effectively valued many companies land at zero in the last 3/4 years.Commodity prices reboundigare supporting values and we don't know how significant this latest find may be.Anyway. Having made 108% return I have sold half and will.leqve the rest as a completely risk free investment nowGood luck all. This is my best trade for a number of yea
Tears There could be some tears here as I cannot see anything to support a £25m M/C. Anticipation is sometimes better than realisation - I was out much lower down and would not consider getting in at these levels but GL.
NOW FOR THE 0.50TH PARTY Galloping on nicely
Re: PERHAPS! done
Delayed prices on iii Real time is showing 0.4pSo looking for good Friday close.Well done all.Maverick
Re: PERHAPS! Lets try again, surely today!
Re: To be fair to alltold It's a balance between research and luck. I know how you feel with solg! When will I bail out with kod? Well no time soon, great news imminent! Let's say 5p+ and will reconsider!
To be fair to alltold He has been in this a while and spotted this gem early. As for pump and dump. You can hardly pump a stock with only 2 other people on the message.board.I know I bought 1m shares in SoLg at 1.6p pumped them to 4p and sold.Who is the loser? Me, every time I log on and check.
Re: PERHAPS! Nope! But a strong closing auction.Don't like answering direct questions? Just seen you pump and dump numerous stocks to high heaven so I'm intrigued as to your actual exit point