Member Info for Laverda

The next six months are going to seem like eternity.

Very exciting times expecting loads of pivotal updates but from experience the last six months to full blast production and first payment will feel like forever.

Try and keep calm!

Agree Horult, plus we have just had some updates, are likely to get some more soon regarding plant etc on ship and steaming towards our mine, plus an update on foundations etc.

So resource update after that spaces them out a bit.

I think the workings are now out of the ground update at the moment is more important to us than the resource update.

Rainy seasons are unpredictable.

It would be good for Bernard and his team to be able to stay on their timeline.

Fingers crossed.

Andy it depends, if the plant is assembled and turning in October and it fine tunes easily we could be receiving regular income cheques starting before the year end.

If it tweaks at the speed Steve expects (he seems always glass half empty) it could be February or March when regular revenue arrives.

Once those cheques start hitting the bank account it is an entirely different company and value will follow.

Have a great weekend.

Asher imagine if Nielle value is just small say 70m dollars.

That would mean our market cap for lithium is just 50m!

And we still aren't including our other gold fields.

Paul got it - thank you.

Agree 100. Furthermore we can develop Nielle to whatever stage without funding, we can afford to take it to maiden with no cash raise - whereupon they could sell.

Or we could develop on our own with some of the lithium revenue or go JV again with Hainan or another.

We can maximise returns from our other holdings.

Paul, well if it was that low you could tell the brokers you told them so.

Because when it starts producing there is absolutely no way any broker would value this company 2p or under.

As with all AIM companies which succeed it will rocket up at the most unexpected time.

Probably on an article in a newspaper/online.

Normally when you can't get access to the internet.

Afterwards someone will tell you how obvious it all was.

I agree Horult.

We often get such intense updates that often much is missed by investors and if Q&A is available there is too much to ask and not a lot of time.

July apart from DMS assembly will be quiet due to the wet season and August will be frantic with limited time to speak.

I agree with your ideal information roll out.

From the previous interview it was in theory possible to give a Nielle maiden resource estimate this year.

Horult - I think that may be his intention.

Considering previously he has said that the upgrade is on track, if he delays until July it could be above the 50m tonne mark.

Good point Daz, yes as you say if they are returned fast then it is sensitive information that could assist insider dealing, so he would probably have to update us.

I got the feeling in the interview that he would prefer to keep going a little longer if possible.

I am very curious to see the difference of having Hainan onboard and the lab results turnaround, I am expecting a difference in this area. Everyone jumps when large companies request services.

Daz, I wondered from the interview if they will move the resource upgrade into July - the wet season - keep the good news flowing and get as many results in as possible before the rainy season stops them?

There will be a lot of good news in June without the upgrade.

What do you think?

Sean, we had 100m in the bank at it was over 60m dollars to get to production.

However due to the outdated and confusing website it is understandable.

PS, Ganfeng are supposed to complete with Leo this Saturday.

Sleepy, my guess with the website delay is Suay Chin completely paid off and settled and the Ganfeng deal with Leo so we can complete with Ganfeng on West Bougouni. Pure guess though as it would tidy up the structure depicted in the website.

Possibly the gold updates on their too.

All this would take is a Nielle Goldfield RNS update with an estimated maiden resource value timescale arriving in this year to catapult it up in value.

Preferably with a Fatou Goldfield update and potential timetable too.

Ps one kilometre so far I should have said.

Of course there is substance, best to read up instead of jumping in after a few posts.

Equipment is sat at the docks ready to ship out in June - that is constructed and ready to go.

Concrete is being laid ahead of time, important so they can work through the rainy season.

The vein being drilled which will increase the resource has identified to run for one kilometre.

How much more do you need in a short video interview?