Kodal Minerals Share Discussion Threads

[garfield8] 13/1/2017 08:34

Sell, take profit wait for the drop and buy on the next wave.

[cpap man] 13/1/2017 08:30

That well respected chartist on ADVFN fingers xxd has last night in POST 8089 of the FXD thread posted an excellent chart of KOD stating that KOD have all the hall marks of a "cup & handle" chart pattern which points to much higher share price levels for AIM listed KOD

[thehitman1] 13/1/2017 08:27

good volume again.

[jimmmy] 13/1/2017 08:08

in order to get required shares to fill big order price was started high, will close the day up imo

[master rsi] 12/1/2017 23:29

From the "UPS" thread.......

Is This The Biggest Commodity Story Of The Year? - James Burgess Oilprice.com January 12, 2017
Lithium saw its price triple in 2016, and cobalt—another massively important element in the lithium-ion battery—rose almost 50 percent in the same year, and is poised to become the next critical metal as the world sits on the edge of an energy revolution driven by mainstream electric vehicles, battery gigafactories and power walls.

Together, lithium and cobalt are the most alluring investment duo on the global market, and we’re only getting started. Supply is expected to be short, prices are expected to spike, and small-cap explorers are expected to emerge as key players as they secure new prospects from the U.S. state of Nevada, to Latin America’s ‘Lithium Triangle, to Ontario.

Against this dramatic backdrop, the strategic advantage is brilliant for new explorers like LiCo Energy Metals (TSX:LIC.V; OTCQB:WCTXF), which is targeting both of these critical commodities.

The lithium-ion batteries that are essential to the market-disrupting energy picture actually use more cobalt than lithium by weight, which means that ambitious plans to pump out volumes of EVs to meet growing mainstream demand all over the world could be at risk if new supplies are not secured.

Lithium Spot Prices Tripled in 2016, and Cobalt is Set to Rise Next

Commodities prices have been falling pretty much across the board, and particularly since the oil-price rout that began in the summer of 2014—but not lithium. In the past year, lithium spot prices have tripled, driven by growing demand for lithium-ion batteries and expected future demand. For November, 99.5 percent lithium carbonate China spot prices rose 0.15 percent, and stabilized at around US$18,000/tonne.

Cobalt spot prices increased 46 percent in 2016 thanks to growing demand and tight supply that has in part come about because of flat copper and nickel markets, and cobalt has largely been mined as a by-product of these two metals. In February 2016, cobalt was at US$10/lb, but by the middle of December it was over US$14.60/lb.

And current prices are further supported by temporary shutdowns at key mines. But it all means we’re looking at a deficit already in 2017, so it’s a tight market that can continue to support a jump in prices.

Most of the world’s cobalt supply comes from the Democratic Republic of Congo (DRC), and there is a problem meeting demand with or without the coming surge in battery demand. At the same time, supply from chaotic and unstable DRC is always uncertain. The race to secure cobalt supply chains is in full force.

Demand Set to Overflow

Between 2005 and 2015, global output rose by 20 percent - however, 2015 total demand only saw a small portion of the total coming from batteries. As more high quality lithium is needed for batteries, lithium demand will overflow in the coming years.

The 2016 surge in spot prices in China coupled with the ravaging hunger for lithium batteries and power storage solutions has triggered fears that we are on the edge of a major supply problem—but it’s a euphoric problem for lithium exploration companies and it has opened up the playing field to new entrants.

Tesla has stormed the mainstream U.S. market with its newest model; EVs have already entered the profit stage in Norway, and will soon be followed by the Netherlands, helped out by some EV-market-loving laws that demand that every single car in the country be electric by 2025. In Asia, too, EVs are bursting the traditional car bubble.

Volkswagen (OTCPK:VLKAY) is sure that a whopping 25 percent of its car sales by 2025 will be EVs, and the World Energy Council expects 1 in 6 cars sold in 2020 will be EVs. Finally, according to Bloomberg, by 2022 EVs will be cheaper than that natural gas brethren.

And with a mind-boggling 12 battery gigafactories on the books globally, we’re looking at a supply and demand equation that is overwhelming in favor of the new lithium miner. It’s not only Tesla: LG Chem (OTC:LGCEY, Foxconn, BYD (OCTPK:BYDDY) and Boston Power are all building new battery factories, too—among others. Imagine the manufacturing capacity here that requires monumental amounts of lithium and cobalt that we simply won’t have.

In 2015, the battery industry accounted for 35 percent of global lithium demand, according to the United States Geological Survey (USGS). More to the point, this industry bought 11,375 tonnes of refined lithium. Then we have cobalt, which is even more astonishing, considering that the battery gigafactories aren’t even online yet. According to the Cobalt Development Institute (CDI), the battery industry represented 41 percent of global cobalt demand in 2015, or about 40,600 tonnes.

[euclid5] 12/1/2017 21:54

" We see potential for this project to grow in size over time
as the deposit is open along strike and at depth, especially in the West Zone.
As a rule of thumb, every 50m is ~1Mt of potential resource extension.

" If the deposit grows as anticipated, there is potential
it could be developed into a 285-430ktpa (40-60ktpa LCE) operation over time"

"BGS has secured a MoU with Tongdow Group (Chinese trading house).
Although we do not see this as material it does open the door for the project
to now be marketed to potential off-take partners. Further discussions are
ongoing with additional Chinese MoU offtake partners are ongoing as the
company has reserved the right to secure additional agreements"

Taken from BGS's last broker note

hxxp://www.birimiangold.com/pdfs/HartleysGoodMaidenResourceLikelyToGrow03Nov16.pdf

[2nell] 12/1/2017 20:25

No wonder the Chinese need Lithium!!

"More electric cars are sold in China than in the rest of the world combined, but are mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign automakers such as Tesla and Nissan.

The Chinese-branded electric vehicle (EV) market is propped up by huge government subsidies as part of Beijing's policy to build global leadership in cleaner energy driving.

China has spent billions of dollars on subsidies to help companies including Warren Buffett-backed BYD and BAIC Motor achieve large-scale production of plug-in vehicles, which are gaining traction among urban drivers as well as taxi fleets and government agencies.

Sales of battery electric and plug-in hybrids increased 60 percent in January-November, to 402,000 vehicles. By 2020, China wants 5 million plug-in cars on its roads."

[pixi] 12/1/2017 18:12

It's good to see my topping up yesterday was a worthwhile exercise.

[cpap man] 12/1/2017 16:35

Very close Jimmy!

[jimmmy] 12/1/2017 16:19

will go for a.27 close

[cpap man] 12/1/2017 16:10

And tomorrow is Friday....KOD an' chips!

[sigora] 12/1/2017 16:06

there were international currency converted trades on Tuesday as reported on lse maybe that's what they on about

[cpap man] 12/1/2017 16:05

Master RSI from the UPS thread is at it again [POST 294] reference KOD

[thehitman1] 12/1/2017 16:04

Looking very strong now.

[cpap man] 12/1/2017 16:04

Various kcowe including "HotCopper"

[kcowe] 12/1/2017 15:40

cpap man.... what aussie bbs?

[cpap man] 12/1/2017 15:35

Talk over on some of the Aussie BB's reference Aussie listed BGS that the Chinese are not only looking but actually starting to buy into KOD!

[keya5000] 12/1/2017 14:56

Could well be, shares must be getting tight now, volume for the last eight sessions has just been amazing.

[red nutter] 12/1/2017 14:50

0.0030 close hopefully!

[kcowe] 12/1/2017 14:30

resistance is futile lol.... onwards

[sophisticatedtrader] 12/1/2017 14:20

We are moving onwards and upwards now imvho