Member Info for daveri007

Tax rebates are not ours - as soon as they inflow , they outflow in repayment back to our EFF (Exploration Finance Facilty) provider!

Maybe the new company secretary has noticed that there has been very poor corporate governance because in the past no formal notifications have been issued to the markets when sale of shares have occurred!

Anyone here care to predict what the share price(market cap) will be at the end of 2023 post the successful Japex deal , post the announced small production deal and with a successful Velocette exploration discovery ?

I’m happy to start with a conservative 80pence (market cap of £45.3m)

Russian money coming in to Norway 😉🚀

The bots get a day off then!

Corruptionis a normal way of life in Eastern Europe - but then again we did have Borris!

60 acres (245,000 sqm) is a very large site - they know they need it for increased production to try and fulfil just some of Europe's demand!

Understandably sticky hands here!

Rebs, I couldn't agree more for new investors joining the LBE journey at this discounted entry price - my post was more relevant to the OG investors who came onboard back in 2019 based on the then prospectus/business case presented by HH.... I am happy to let the past be the past (I have no choice)......BUT I would be appreciative if HH refrains from talking about there being no dilution from this point moving forward!

On a serious note, whilst I am very happy to get this Japex rescue plan ….I do fell it misleading to say that there has been no dilution to LBE shareholders - indirectly we have had to give up 50% of our Norwegian future growth - that in my book accounts for considerable dilution!

Like I said it’s a great rescue plan that was a life saver for LBE and its shareholders.

And if it means HH needs to eat a lot of humble sushi then so be it!

Hammers new favourite song added to the LBE playlist 🇯🇵👍🏻

https://youtube.com/watch?v=IWWwM2wwMww&feature=share

Exactly @Star....I know Cez were talking about reassigning processing areas into same permits etc....but I see no progress on the most important permit being the EIS.....To be fair I cannot see how they can thoroughly complete the application until they have the full mine plan which will have to be outlined in the DFS(1)....Of course I expect there will be several updates like you would expect with the MRE etc.

Https://www.youtube.com/watch?v=osMAQ1N0nwI

European Critical Raw Materials Acts (ECRMA) - unlikely to be signed off before year end (2023) - maybe KC knows more than us but to be frank he never meets timelines - cant help himself exaggerating as normal!

Hold here just under 1.5 million shares - so not dermping but trying to get realistic timelines.

Have they submitted the EIS permit yet? I cant see it being lodged with the Czech govt.....guessing they cant until the DFS is agreed in October/November 2023!

I’m not totally convinced or confident that these interviews are legal? - Bottlerocket (Liam) is a shateholder as far as I am aware and so in my opinion any interviews should be conducted live and not edited before release.

I’m guessing they are looking at some attractive project development deals (not exploration) given the new attractive Norwegian tax rebates and obviously because we are well funded with Japex we can now rapidly close without going to the market to raise!

No doubt production deals will also be targeted and should our velocette exploration target be successful over the next few months then it’s a complete and very fast game changer….though I stress not super fast for those that have been here since listing @£1 🤓

Can’t help but feel confident!

ECRM act due anytime now - according to my research we will be lucky to get this agreed before the end of 2023 - he also says expecting permits to be aligned with the release of the DFS - what permits?

Other than that - a good interview!

Everyone knows the dos will be positive.....its all about permits here!

Todays RNS regarding the super high lithium recoveries >95% with lower opex and significantly better ESG credentials was very much welcomed and in my opinion fully expected.....BUT ....I struggle to understand why there is no mention in the RNS regarding the bulk samples produced as part of this process originally expected in Q1 for potential off-take partners!?!

Anyone here have any insight?

HH is in my opinion the happiest shareholder here given his original personal investment is near on 10% of the current heavily discounted market cap....this Japex funding deal is a lifeline for him and of course us to recoup not only our losses but the significant gains we originally anticipated!

HH, please don't fcuk it up now that you have been given a second chance to build a full cycle e&p business that you originally promised us!

I am confident he has the incentive!

Https://www.youtube.com/watch?v=osMAQ1N0nwI

Very interesting - though it looks like the Critical Raw Materials Act is unlikely to be signed off/agreed before the end of the year - I believe KC in his latest interview mentioned 2-3 weeks - that was very optimistic!