Member Info for Laverda

AHH, that is the sudden appearance of green boxes.

Must not have got far in education, assets, between assess and assiduous in the dictionary.

Props up share prices rather than hot air.

NNN's share price rose to around 4p on nothing but hot air and with no assets it is gone.

Traders made some money off the back of it though.

Dazguard, they always cut those graphs for dramatic purposes, it rose and fell prior to that section too.

It will all the way through, however each time there is a rise and fall the trough will get a little higher until it finds its level when the upstream infrastructure is in place to meet demand and us downstream settle at a sustainable extraction cost to meet that demand.

Fortunately, well not really because those of us that thought about it selected the right stock, we are at the lowest end of extraction costs, so it should always be profitable for us.

Not only do we have low mining and processing costs but the infrastructure in, energy and water and transportation costs out cotton road and established port give us the edge.

Bfd target date December.

Another mining company had their equipment stuck at the South African border for weeks, so best view it as pencilled in only. So many piece's of kit from all over the place to get to site.

Millions of pounds worth of contractor equipment too, I think those dump trucks are around 400k each alone.

Big dozers 1m to 2m each. All got to be synchronised perfectly.

Just a rough sea or similar and a week or two can vanish.

The big news is we are on a countdown to production a month early or two months late doesn't matter, getting it right does.

You don't want to be the muppet that gets everything on site and it doesn't work. Our lot are too experienced for that Steve has set up and operated loads of mines and their equipment.

FPvone, it is going to turn the car industry upside down.

Once the technology has settled and all the non city cars have 400 mile ranges, the really big market in my view will be converting combustion cars. Cars which looked good but had poor mechanics will be brilliant converted.

Also in the future why keep changing car bodies? Just buy a good shape plastic one and keep swapping reconditioned electric motors.

It will be an interesting market.

VW, Merc etc would do better to look to their previous cars with conversions in mind. That could be a major source of future revenue, make everything available to convert with good mileage.

Onlyking, the other question with Leo Lithium is, once the suspension is lifted will their investors jump ship over here? They currently have a large market cap.

I have absolutely no idea what will be the point that other investors will pile in, maybe we should do a poll? I am not going to try and second guess that event.

It could be something stupid like peace talks in the Ukraine - anyone's guess which event could trigger a stampede.

You would like to think lithium into ships but it rarely is the sensible event.

Onlyking, it is not an empty site, it has a road and an electric sub station, I bet it has a portacabin and portaloo too!

Was it June or July to manufacture the two plants?

Diggit- before my time. I only get to watch the odd old movie now and then, not everyone can tolerate the old technology.

The stunts were quite tame but ultra scary when you look at what they were using.

Anyhow it looks like 11 months of why is the share price not already at the level of a working mine when it is still 10 months to earliest target date for production.

I want my money today and foot stamping brigade.

JW, not sure why you have an obsession with the current share price, in AIM that is a guaranteed way of falling flat on your face.

For trading of course it is everything but this is not a great traders share.

This is an old fashioned explorer to miner long worn out path, everything done properly and methodically trudging to production with everything going nicely into place and with a tonne of cash sufficient to take it way past any planned production date if required.

In the cash area it differs because traditionally if they went beyond production date it would require a fund raise and dilution - no fund raise and no dilution required.

We also have a load of cash for an explorer in the main company not for lithium and have a Goldfield outside of Mali which was nearing maiden valve before being put to the side due to being bombarded with offers on our lithium.

We know there was an offer also made on our Goldfield but the agreement was for sealed bids and no mention of companies involved - could Nielle be the one and will we move it to a sale.

Anyhow I see steaks are at a high price in Tesco probably the time you would like to fill your freezer so off you pop.

Digit, who is Shirley?

You been watching some old movies?

JW Bellamy what does it matter where the share price wanders meantime?

Unless trading it is of little interest.

If you flip that over it would be more important to have a good share price even if invested in a dog company which has little headroom for growth and is not commercially viable.

Speedy, easy when typing quickly on the board.

Thought your expectations were low, lol. Compared to previous conversations.

I don't think that Bernard could have managed it with his low overhead and low staff number approach, but it is a shame that Nielle had not got to the maiden value stage before all the lithium offers piled in and it was placed on hold.

I would love to know which goldfield had the offer on it. Sealed secret bids prevent disclosure, Kodal must not have specified it was for lithium only!

Low ambition Speedy, 1p?

If Kodal did not touch Bougouni, developed Nielle to maiden, sold it then added the sale price to existing group cash, not the cash in the lithium project, they then could afford to purchase an expensive high quality gold exploratory site anywhere in the world and take that well ahead before funding was required. That would be way beyond 1p! Without lithium.

Nielle is not in Mali for anyone who doesn't know.

Chop off Bougouni we are still a wealthy explorer. Look what Bernard has achieved on the previous small fund raising without millions sat in the Kodal bank account.

People seem to be always focused on one element or issue.

Dazguard, it is more nervy times than normal, understandable considering all of news reports from around the world. Most wars and troubles they don't bother reporting, but Israel and it is everywhere.

The main thing here is the potential upside and the only way to ride that wave is to get your feet wet and be in it.

Sitting on the shore trying to time the waves is a high risk of joining too late or missing it altogether, whenever that may be.

Short term investment this one now, biggest growth probably between 10 - 11 months away first massive inflexion point and the next massive inflexion point less than 4 years away.

Unless we are all underestimating the gold and one of them comes in during the following six months.

Dazguard, could be, but how stupid is that when we aren't producing and we make good profit at 700 dollars per tonne!

Current lithium price is fantastic for us.

100notout, Suay Chin if they sold any shares you would get an RNS.

Just a nervous world and nothing exciting happening at present. Herd mentality with large portions of the population.

We are in an 11 month countdown, I wouldn't think much further than that.

Me neither Clapa.

Mali and the other countries are leaving not being pushed out.

Smartpunter, it is an African Brexit, countries are unhappy with it.

Initially set up by the French with British help, same aims as EU re people movement etc.

There is great unsettlement amongst the member countries and it is coming to a crunch time.

However they, like the EU can't stop the countries that are leaving from trading and once left, they can't apply any of their rules over them.

The problem with this is in the ECOWAS countries they import a lot of food from these countries and at present there is a world shortage. The impact within the remaining union may not be good.

Not so much a concern for Mali, but ECOWAS may not survive and could have a food issue. France's empire is long gone, like ours, but they can't keep bullying African countries through various means, peacekeeping before and through ECOWAS those times are going.

Mali like the UK will fall under international trade rules unless they sign up to something else.

Smartpunter, and who do the Chinese have contracts with to sell their lithium?

Stupid comment.

Speedy, longer term for the really big multiple you are right.

I have seen that in the past, a company makes a big leap as we would with lithium, sells out but retains small ongoing income and they can self fund future projects from existing capital and all group level overheads and more paid for from income.

I remember reading about a company that got into the pounds per share like that, an oil company, their name escapes me, ended up in one of the largest oil companies in Asia.

Hadrian I agree 100%, in fact I must have been typing the comment while you posted your reply - which agrees with what you are saying.

We have 49% of 90% of our resource, it is good as it stands now, if it keeps notching up, and listening to Bernard in his last short BRR interview he is expecting it to keep rising, all the better.

I hope Leo Lithium get their issue sorted, we are not in competition with them. Wonder if we will use the same local contractor?