Lithium stocks in general have been having a great few days. I think all of my london listed ones are up about 25% this week!
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I concur with that. I hold 7 lithium stock, 5 are healthy and green. And i’m glad the other 2 are still red as they are the ones i want to concetrate on.
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Somehow Kodal is now my only one in the red! It’s been quite the turnaround.
My Firering stock was up around 40% yesterday. I also hold some of the unlisted Ricca stock that got spun out of Atlantic lithium. They have entered into a buy in agreement with Firering, that’s what sent Firering stock crazy. I’ll be interested to see what that’s valued at when they list it somewhere. I’m thinking it’s likely to be the ASX and a forced sale from FT though 
Seen you also around on a couple of Lithium stocks. Could I ask which other stocks you hold?
Plan on doing my research, but trying to get a broader range of stocks I may have missed.
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Kod
Prem
Atlantic Lithium
Afritin
Zinnwald
Cleantech lithium
Bradda Head
And then as a play into lithium i also have Tm1 & Alkemy
Kod is by far my largest with Prem coming in second.
I don’t have millions invested, but enough that if things play out it will make a difference.
Another couple i’ve dipped in and out of areSavannah Resources and Firering Minerals.
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Thanks, a few I haven’t seen before actually, almost the inverse of you, with my largest in Prem with Kod second.
I also dipped with Savannah, but pulled out.
So still got time to buy more and get average down I might top up again if get chance last 2 buys have been 23.65 
Isnt Zwnd is it I’m currently 41% down 
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Yeah, that’s the one down 37% for me, but i’m sure it will do something one day. Or maybe not as they may not all be destined to be multibaggers, but i tend to stick with my buys and see them through as i’ve been caught a few times before cutting a loss only to have something make a comeback once i’m out.
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Company making news just put this morning.
Funding is secured for the lithium mine… with a huge premium paid for a placing so the partner could secure equity in KOD at 0.5p!
Kodal Minerals PLC - Major Funding Package for Bougouni Lithium Project #KOD Kodal Minerals PLC - Major Funding Package for Bougouni Lithium Project - Vox Markets #voxmarkets undefined
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This is quite a complicated transaction but it seems like great news.
My understanding of it is that they Z have launched a JV and sold 51% of the Bougouni project, which leave is fully funded and ready for construction.
At the same time Hainan had invested $18mn directly into Kodal at a 100% premium. That leaves Hainan as the biggest shareholder.
Does that about sum it up? I’m interested to hear any other insight on the specifics of what this mean going forwards as well.
That’s the main points from todays RNS.
Going forward, Kodal will hold 49% of the subsidiary company which will be fully funded for production ($65m) as well further cash available for expanding the resource.
Kodal also completed a placing for $17m which will give them a decent war chest to go after those gold tenements they already hold along with any other opportunities that arise.
They also sold off a smaller project for $2m.
I’ll be topping up my SIPP over the coming weeks with KOD stock as they build up to production.
Long term Kodal will either be a cash machine or (more likely) swallowed up by the Chinese… (hopefully for a decent premium).
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Wish I’d had more time to keep topping up in the low .20s, oh well.
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Could be worst…I only joined the party yesterday ha
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Well this explains the hike:
China Inc to fund new Kodal lithium mine - Investors' Chronicle.
I wonder if a full buy-out will follow…
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There was someone selling into that deposit arriving rns and the pressure seems to have eased off. It’s probably going to turn from around these levels … so a decent buy zone imo
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I think i’m fully loaded from before and just will sit tight for the next year.
Unless some other news comes out before i would expect the next driver would be the funding chunk due in April.
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It’s turning here. There has been a seller but the offer has thinned right out. Goes back above 0.4 soon.
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