Member Info for Laverda

BFD, I think it will be a slow journey with multi wheel artic trailers, can't imagine the average speed will be high.

I once passed one in a tractor with a large load in tow and the police went crazy and I had to pull over. Then got stuck behind it at half tractor speed for 5 miles. I was fuming with the Police escort.

Excellent that Jay thank you. Now we can see the layout and it makes sense.

The city where the ships are docking and the roads to Mali

(Of course also where our Nielle Goldfield is) https://youtu.be/3xPQm3V6-bM?feature=shared

BFD, Leo Lithium had a video of the road on their site, it is known locally as the cotton road.

For taking cotton to the port.

Gary not beyond the realms of possibility at some point in the future.

So many pieces to this company, the most important parts we already have, it is just how the rest fall into place.

Goulamina now has over 10 times our original resource, I am not saying we will reach that figure, but clearly if we did we would be worth over 10 times as much. That would be in resource alone.

If West Bougouni was fast tracked to production we would have a share of that too.

Then there is the gold and of course production from Bougouni.

It depends how it all falls into place, but over 6p at some point is not impossible - I would not expect it this year though.

Redorb, there are some apparatus which uses excess energy to raise weight then drop it to release energy, I wondered about those going down shafts rather than up in the air.

The technology is exciting, you get the feeling when there is a lot of focus in one area there will be a breakthrough somewhere.

Hydrogen seems likely if they can crack an economic process for production.

Something unexpected may crop up.

There is supposed to be some magical cost for solar panel production which would also heavily impact energy production.

Agree Mannhole it takes forever to get new technology to mainstream use, this mine will have been and gone.

Recycling is a problem with sodium ion batteries (SIBs) too, the material within is of low value therefore recycling encouragement (financial) would be required. Further adding cost to the product.

Anyone's guess which technology will rise to compete with lithium, something we may get a chance to invest in after this mine has gone..

They definitely will not impact this mine.

Useful technology is too far away and they have issues to overcome.

Number of charges is major as is range.

Cheers groupie I will have a look at it, thank you.

I knew some people out there it was tough, engineers keeping the airstrip open, heard many an account of what was happening on a practical level in the war- thank you as Rotter said

Groupie I knew a military diver who was diving during the Iraq war, beneath the oil slicks, cloth over mask, down through the oil then remove it so he could see what he was doing.

Many fires out there too.

Those situations throw up some unorthodox methods and difficult conditions. Brave individuals.

No too young. It was a tough conflict that one, location weather and limited equipment for that job - although I wonder if it is possible to have the right gear for every type of conflict.

Diving out there, well done.

Groupie you paid a part in the conflict?

Sorry I thought it was funny when it was on the weather map and we were waiting for two ships.

So many ships on that live tracking, without knowing where they set off from or ideally their names it would be difficult to narrow them down.

Lol, yes, here is the tracking site

https://www.marinetraffic.com/en/ais/home/shipid:758690/zoom:8

Mik, funny you should mention that, live weather radar has picked up two boats just off the ivory coast - no kidding - could it be?

https://www.accuweather.com/en/ci/cote-divoire-weather

Ivenoidea, agree for the shareholders it is awful.

It looks like management incompetence, it will all come out when done and dusted. Allegedly they received just under 50m dollars in Mali tax incentives and clear guidance was laid out on how to comply with these incentives, they appeared to break some of these conditions.

The resource is massive though and just over the fence.

You think it will not proceed? If not we are in a better position as the first payment removes the company with a share and leaves us 100% owners. I think Ganfeng will want it, but after the Leo issue they may not want a company to have a share. Outright purchase on the cards?

More updates on the leo lithium site, project handed over to Ganfeng.

Resource update to 267.2 million tonnes.

I could not see any mention of West Bougouni. However if it is officially now Ganfengs we may get an update soon and our deal with them finalise.

Sleepy, good those that raised issues did so.

I have just read another board where a poster has completed profit calculations using costs almost 400 dollars per tonne less than the figures in the company RNS.

In addition not considered that they are to port costs rather than OPEX which is considerably higher.

The dangers of chat boards.

Jonny, lol, that would end it.

I was too young to know who they were. But according to some people who bought and sold shares and did quite well at it, they used to read sections in newspapers by some gurus and mainly select from those.

Not sure if they were really good or not, but what happened to those types?