Author argues Kodal Minerals (KOD:LSE) is a buy as first lithium shipments generate revenue, lithium prices rise in China, and Chinese ownership supports Mali operations despite a China-Mali news selloff.
KOD.L — LONG The author argues Kodal Minerals is transitioning from explorer to revenue-generating lithium producer, with the first ~20,000 tonne shipment of lithium compounds/ore delivered and another shipment arriving in weeks. Revenue realization plus rising Chinese lithium futures prices and increased demand/price per tonne should support the stock. The author dismisses the recent China-Mali news selloff as a market-maker push to accumulate, noting Kodal is largely owned by a Chinese company that will support trade between them. Main stated risk is the China-Mali geopolitical news that caused a selloff.
hit a recent high of P0.64 last week with news of the first 20,000 ish tonnes shipment of lithium compounds/ore delivering.