Member Info for Laverda

Bluesminor, until everyone is out completely done and dusted your data means nothing - pointless post.

Why I never talk about paper profits - pointless.

It takes an awful lot of successful consecutive trades to equal a large multi bagger. I have never yet heard a trader on any board mention their failure to success ratio. Yet anyone who does that regularly knows it is a case overall of coming out on top over an awful lot of trades.

Https://bulawayo24.com/index-id-news-sc-national-byo-237924.html

Musicman, 100% agree with your sentiment, convenience world has increased impatience.

Steven/matt AIM volatility here all of the time, if the graph shows 400% up and only 50% down that is a favourable graph on AIM. Also it is no reflection on the new increased underlying value of the company so no, I am not concerned at all.

My only minor niggle is the website. Any new investor should instantly be able to establish where we currently are and that is not possible in the main body of the website.

Well looks like one decent size investor has entered the room. Unlikely that any will be visible with this market cap. Seen some big private investors before Oliver and Co in other shares.

Surprising that people think it is big news when an AIM share drops 50% from its peak. 50% is not a lot of volatility on AIM.

Especially when investors are looking for 100s of percent return sometime in the future. Expect multi bagger up, but not 50% down?

What is important is that the underlying value of the company continues to rise, companies are neither valued or bought out on share/price market cap, so it is unimportant until you get to the point that you want to sell.

Traders who got it wrong and are moaning should know they are in a win some lose some game, if not, lesson learnt.

Those that are in for the long haul probably wish they sold some and bought them back, easy in hindsight, but just as easily Leo Lithium could be sorted and our licence could have been transferred then it may have been different.

Anyhow Bernard get those drill rigs spinning and lets see this resource increase in value.

Yes Daz, and Hainan are intending to process low cost lower grade batteries mainly to poorer countries and Hainan are masters of operating in low cost space they built a huge company on it.

Small tonnage miners with 1,000 to 1,400 extraction costs will be touch and go already but any further drop will take them out of the market.

Daz, bullying the raft of high cost, cheap start up, lithium mines out of the arena I think.

All of the research people like us have done we have seen dozens of low capital but high extraction per tonne projects, they can't survive in the current price and lower price arena.

They will be unable to repay their initial capital outlay and unable to accumulate funds to move develop, their model will not work.

Bernard who we always thought was over cautious with his 680 dollars per tonne, 800 and odd then 2,080 projection figures when spodumene was more than double that, keeping a tight rein on spending has nailed this.

If those projections are correct over the following year a lot of projects will shut down.

We can operate profitably at those costs, but when we produce in 12 months time or so, loads of competitors will be gone, many factories are being built today which will come online.

Elcobble absolutely, while not a good thing to happen for anyone, this could play completely to our strength.

What is the AIM share with a pilot plant in Wales?

The other aspect of this is that the West will have to be careful to stay chummy with Africa and China otherwise their climate change plans could go even more belly up.

Absolutely Elcobble, I read quite a bit and have seen other alternative method lithium miners with 1,000 to 1,200 dollars extraction costs once running at full capacity and full efficiency, it is anyone's guess what their cost per tonne is in the first few months.

It would be questionable if they would be profitable even when running at full efficiency.

Makes a mockery of Mexico and Chile's ideas about controlling their lithium, projects are likely to shut, certainly in Mexico.

European projects would be dead in the water.

We start production in 12 months, can operate with a 1,000 dollar per tonne price, I think our first value was using an 800 dollar per tonne price and we were profitable, but in 12 months we could catch the second price surge.

Https://m.miningweekly.com/article/china-lithium-price-poised-for-further-decline-in-2024---analysts-2023-12-01

Fortunately we are a low cost producer. If this is correct a lot of the high cost newer projects will no longer be viable.

Ourselves and Leo Lithium fortunately will be low cost producers able to get decent returns around 1200 dollars per tonne.

Some other lithium companies will be gone.

Mrnoidea, 5% drops on AIM are big chunks?

The company is worth less? Two areas I suggest you read up on, volatility on AIM (the reason it attracts so much trading)

How to value a company, ours is up 40% approximately when they increased the resource.

If you value a company by share price/market cap, you can buy into some real horrors with market caps over 50m with no assets, no cash and not a hope in hell of providing any profit sizeable enough to warrant investors share price/market cap.

NNN was a good example, I think it hit 4p at one time with nothing but an idea. But a traders wet dream they made an absolute fortune as it went up and down. Thats the sort of share they want green investors in. Gone now of course.

Bluesminor, good points.

Rolls Royce are restructuring though aren't they, dumping all EV technology and focusing on their jet engines all eggs going into one basket, it will be interesting to see how that works out, none of us would like to see them fail.

End of January we will see how the land lies here in the short term regarding share price after Christmas. AIM is always poor this time of year.

Three RNS due, plant deposit paid and construction started around the end of the month if on time. Additional drill rigs on site and spinning, hopefully before the end of the year.

And of course the licence transferred from one company to the other, no idea on that one of timing, the relevant mining office needs opening up after the new code is rolled out, only the office being shut affecting us as a by-product of the new code, not the code directly.

It will be interesting to see how the market reacts to those events.

Thankfully I am only interested in the share price around the second phase flotation plant period. The price in between unless something crazy high is of little interest.

Bluesminor, it is a concern when a blue chip ftse 100 company is sat around 25% of its value, after the rise you mention after 5 years of trading, pensioners will have their savings in there, you would hope it could bounce back for their sakes.

However this is AIM much more volatile but over the same period we are over 300% up. It is a more volatile index we rise and fall more dramatically between events - usually.

So I would save your concerns for those Rolls Royce investors who thought they were investing in the safest index and need multi bag returns to get back to where they were.

Ps Bernard CEO of Kodal Minerals.

51% of KMUK. To be expected.

Bernard CEO of Kodal.

On the plus side any investor making monthly contributions must be in 🍀 clover as they probably thought their contribution days had ended.

Journalists often study hard for their career at university. Picking up a lot of useful and difficult skills to master.

Only to be horrified to find that except for a very narrow stream of elite rolls, feature pages in quality press like the Guardian (forget the political bias) National Geographic and a small number of other outlets, they are pushed into a sweat shop of quickly churning out rubbish in low wage roles. Those workers would probably like a revolution in their work.

Allegedly all the problems started with Murdoch and the guy who fell off his yacht, they knackered the press.

Mijas, I agree regarding it being a good project.

In my opinion nothing better on AIM at present. All fully funded until it produces revenue - happy days.

My interest will turn to the share price around flotation plant production.