Member Info for Laverda

Hadrian I agree it is status quo as far as I can see.

Two issues - can Leo Lithium break free of the Morila Goldmine and FFX connection? If not the timetable will probably be dictated by this. An escrow account opens in June I believe so something may happen around then with the goldmine connection.

If they break free from that gold mine then the lithium issues can be resolved.

The other part, the lithium aspect is if they contravened rules on their existing mining licence is whether they will have to pay the generous tax incentives they were given by the Mali government - no small figure could be as much as 48m dollars.

Then there are potentially other issues, DSO etc

In short no change.

If it rumbles on will they meet the Kodal conditions? If not look what Bernard did with Resolute.

Looking forward to it Matt, nice bit of excitement.

They should e mail us if we are on their list, I will try and check later on.

Sharespy Paid ones on news sites as an example may squash and push different political views. Move pages on by multi posting to get things they don't want seen off the page etc

Paid ones here could be either political, if an oil share as an example etc or another board trying to lessen the popularity of a good site.

Good to be aware of these things because it is easy for anyone to be led a dance and spoil a place you may enjoy.

Sharespy - agree but sometimes they are not easily identified and naive posters occasionally protect them.

Classic troll is to disagree and have people on the board answer endless questions - apparently it is a mental health issue and common theme with habitual trolls - a sort of self importance bullying type combination. There are medical papers written on the subject.

Onlyking, you can't avoid them. I went on a news board which some believe had political leanings and it was exactly the same. Gave up on it.

Singling people out and picking on them, trying to drown out any good comments all exactly the same as here. Mixture of organised tactics - possibly paid and trolls.

I watched their behaviour against the better posters on the site and it may as well have been here, or any other popular stock board.

If you pick up on a subject you are strong or well researched on it will turn on you just the same.

Andi the resource increase drilling is focused on the best veins for the DMS plant at present, courser I believe, however it does not mean that the other veins cannot be processed by DMS, it just makes sense to use the best for each.

Andil, you need not have tried to do the maths

Original projections were on 680 dollars per tonne sale price and the figures are still on the website, the ones you mention from the presentation are only in the presentation and other documents.

The calculations were only changed to 2,080 dollars per tonne because our 680 dollars per tonne was so far out of touch with the spodumene price at that time. 2,080 dollars per tonne has no significance to us other than use in those projections.

Anything over 800 dollars per tonne is a dream for us and would multi bag. Those high spodumene prices would be all bonus if they return.

We will be a low cost producer.

Thank you Acker, hope everything works out for you too.

There is a meeting and update next week, may be worth watching for you too.

Jay - lol

Look at the size of that spread, they are struggling to get people to part with shares

Https://www.proactiveinvestors.co.uk/companies/news/1043469/kodal-minerals-appoints-new-non-executive-director-1043469.html?rel=scroll

Old tactic, create a negative headline and entice people to post under it.

The last headline is the headline you see on the chat summary page on LSE.

Most popular chat etc too, anyone looking at those summary pages is less likely to look at chat under a negative headline.

It is going to be interesting, I am ruling nothing out between now and the end of the year.

Very unlike Bernard to call a meeting early.

Ivenoidea, yes you are probably right it is a massive task. Probably over thinking.

Just I have a feeling this Morila/Leo thing may change some plans in Mali. Rather than just looking at everything as assets, potential liabilities could be brought in to the equation.

Ganfeng could be stalled for something they had no connection with. The lithium mine stuff they can sort, their JV partners gold mine links they cannot. Now Leo may have no connection and that could be the end of it.

However if we planned to develop and retain a gold mine in Mali clearly we would have that connection -:see where I am coming from?

Daz, do you think there is a reason they are silent about the gold or simply rushed off their feet?

Compo, which way they go with the gold may be a giveaway on which way they are going with lithium.

I find it odd that there has not been any indication of movement on the Goldfields so far this year.

I wonder if they have plans to retain a share of the lithium mine forever, if they will develop and sell off the Mali Goldfields asap. Retain Nielle.

If they retain Fatou, to sell out Bougouni at some point.

No other reason I can see for being quiet about them.

Which amazing risk have you discovered that we have not talked pages about without you on here?

You are completely delusional.

JW, the only thing that looks dodgy around here is you.

George, good point, they may well do that.

I reckon if Leo can dispense with the Morila gold mine potential liability completely, then they should be able to sort the DSO lithium issue, even if it means repaying the tax incentives and a fine, no small payment as it has been reported that they received up to 48m dollars in incentives (no duty etc).

However if the Morila issue remains I don't know where that will go.

Like I said this may make any other JV arrangements take a closer look at their JV partners, in our case possibly bring a buyout forward, DMS production or maybe even just before.

We have Fatou in Mali, Hainan may look at us differently, of course the flipside could be Bernard selling off any other Mali interests early to remove the potential liability issue contaminating another site.