Member Info for Laverda

Kodal will be extremely conservative in Mali, push nothing and quietly build value.

We have seen the big mouthed boastful CEOs in Mali fall flat on their faces.

Kodal is wiser than them.

Connection issue. Doesn't work on the phone, PC or different browsers!

Have to watch the replay.

Got that logging in issue again can't get in, pain that site.

Exactly Paris, that is what Steve does his employment history is there for all to see.

He has had, and will continue to have a very interesting career.

Those accounts are of zero interest today or at this meeting.

Everything exciting has happened since January.

Hezbollah fighting and postponed Iran talks hitting markets.

PS, my comment should have said NPV, accounts component value then a purchase calculation formulae.

Even more complex. But we don't have the inputs to calculate anyhow, not detailed enough.

Weird duplicate.

Kezzd, pointless comment when you don't know what the value is.

The accounts due don't tell you what the value is, they tell you six months ago under their accounts formulae what the net worth of the components are.

There isn't a sale value to compare with. That would require an NPV plus today's component part value.

Good luck with that.

Kezzd, pointless comment when you don't know what the value is.

The accounts due don't tell you what the value is, they tell you six months ago under their accounts formulae what the net worth of the components are.

There isn't a sale value to compare with. That would require an NPV plus today's component part value.

Good luck with that.

Elcob, yes that one will be interesting too.

They are up to the end of last year, before shipments, the half and full 2026 are the ones we want.

I would just relax we are in a sweet spot but a boring one, let the millions roll in.

35m will attract interest.

Lilpeep in last year's accounts the stock was all lying on the ground.

The company will have a calculated way of valuing stock on the ground which will have little resemblance to the value it was actually sold at.

That is complicated for investors to get their heads around and makes for more complicated account keeping.

Normal in mining though.

The accounts will need an explanation before releasing as some will expect the figures to be better than they will read.

This year's accounts and half yearly figures will be the interesting ones.

Last year's accounts are anything but simple.

Because the sale price was known all stock could have been valued at full sale price in the accounts.

But accounts have to be consistent.

When we have two plants running full bore there is going to be a lot of stock floating around, that doesn't want to be valued at an estimated full sale price, otherwise we could pay tax on money we do not get.

However using a price last year much lower than actually sold at makes last year's accounts look poor and this year's higher.

He may talk about this at the AGM.

The half yearly accounts will be the interesting ones. Then 2026 full accounts.

Any buyout will be all calculated professionally there will be no discounts or cheating.

It will be all above board if it occurs.

Bernard and his crew are very experienced.

Persians and ancient greeks spoke of flotation.

Biggest output I knew of in the UK was 20,000 tonnes per week.

Old technology.

First ship went out 5 months ago money just started rolling in for operational cash and repayment of capital investment.

Some posters talking about going now.

?