Member Info for Laverda

Shyted, they found a way where the earliest is 21 days, but we don't know the upper figure, based on your range it could be 32 days max.

To do a proper calculation using the online calculators we would need to know the size and make of ship and ensure the calculator took the same route.

I read a few freight sites, looked at the calculations and thought it was not for me.

That one DMS vein is over half a mile long!

Just one of them!

That vein for the DMS is looking exceptional.

Looks like the wind etc did not go in favour of our ship and it will be at the longer end of their transit estimate. Can't control the weather.

Looks like everything is going well on the ground too.

I hope they don't release everything in one big chunk in July, but it is looking that way.

Exactly right George regarding where the calc went wrong.

Richie, will lithium be selling at 1200 or over 2,000 dollars when we produce?

What will the resource be increased to after this current drilling?

How much is Nielle Goldfield worth?

Easier knowing the value of something once you know what you hold.

The picture will get clearer soon.

PS Richie it is the 15% at 117m where the calc went wrong.

The end price of our share could go anywhere, depends what those Goldfields are worth - we can take them all to maiden with no dilution and no debt - once that income starts - mad.

It is probable that they will sell them all unless Fatou is vast, then Hainan or another may be interested.

600-700 dollars should read.

Richie remember when it is a flotation plant the income multiplies. If lithium increases 60-700 dollars the profits double.

Best to wait and see how much the resource increases and where lithium prices go. Then you know what you are valuing. Rather than guessing.

Dept? Should have read debt.

Unfortunately engineer your workings are incorrect.

I would think more along the lines of around 38m dollars per year income with no dept around current lithium prices starting in under 7 months time all going well.

Then a Goldfield near maiden value, which if they stick to the original plan was going to be sold off.

Burnley we may do, the boat is due in on the 26th which is near the end of the month and with shipping freight they have a wide range of days for arriving, based on wave height, swell and the wind, of course they can go in your favour and arrive early, but normally it would be within the days given. On a 21 day transit I reckon the last day of that range of days could drop into next month.

We know that the resource update is going to be later as they found a kilometre vein and want to drill it more before releasing an update - as someone else said that sounds like a bigger resource update than anticipated.

There is a logic with the resource update as some veins suit the DMS, others the flotation plant, so if the current DMS vein keeps going why not follow it.

The Leo Escrow account has been released, everything is moving along on their side.

Hopefully our West Bougouni deal is finalised soon, I wonder if that is partially why the new website has not been released.

We will own a share in another lithium concession. So it will be included in the list of holdings alongside Bougouni lithium and our Goldfields as a potential JV.

Fatou and Nielle are just down the road. They could be working.

I don't think Kodal will be shouting from the rooftops. I am expecting a trickle of information rather than anything spectacular.

But where we are heading is brilliant so no need really.

Elcobble you will remember like the rest of us, none of us dared to dream of lithium being such a high price as today.

We were basing the sale price hundreds of dollars below the current price.

So yes all ok for us.

Sad for the companies that tried to fastrack to catch the ultra high prices with higher cost solutions - but they will have known the risk when chasing those lithium prices.

Did anyone new manage to capitalise on them? None I can think of.

Daz lol, rebar guy will be along soon.

Shame we didn't have a pdf of the plans. Looks like the part which sits on those needs to be elevated.

Https://www.youtube.com/watch?v=XKv5ulewTO4

003, yes just that new website up and working with updates and pictures as they move forward would suffice.

At least now, apart from gold (not on there yet), what is said here matches the website even if currently it is just one page.

Predictive bleeding text swell! Auto changes to swelling.

BFDinvestor, agree most likely.

There are calculators for ship transit times online, the estimated times have quite large variances, mainly down to the impact of wave height, swelling and wind.

Freightos is one.

Https://m.miningweekly.com/article/mali-greenlights-leos-exit-from-goulamina-lithium-project-2024-06-14

Hopefully our remaining cash and agreement soon - now with Ganfeng.