Member Info for Laverda

Celle, there are varying dates, in the South most say until November, but I agree it is difficult to be accurate in the mine location.

Of course the weather also does not always conform to exact seasons, it can start early or late and end early or late too

Mafee the facts are it is submitted and that is it.

If you are saying factually that they will not raise anything I dispute your facts.

If you are saying that the mining department have requested a presentation on the submission but you expect them to sign it off before the presentation, I question your line of thinking.

Why ask for a presentation on the submission?

I think you are talking about a different topic, the conditions of the funding?

My posts don't cover that, mine relate solely to the submission.

PS also remember rainy season ends in December, so they can't start any ground work until the earth dries after the wet season ends.

Onlyking, not guessing at all, the phased submission is in, providing they have no further information required from that submission that is it.

I would be surprised if they approved the submission before the requested presentation associated with the submission if that is what you meant?

Roger, you have lost the plot. Go and sit in a darkened room and leave social media, channel 5, all those ufo channels Blaze etc alone then give yourself a shake.

Steve spelled the whole thing out ABC, everything went in (almost) on time, our bit in April, all done and dusted. But we had to change our notification, Steve said he had been asked many times through the year, because I noticed too that he said he was completing some work that I thought he had already completed around November 2022 but thought it was me. It was not me, they had to submit a new phased development notification as requested by the mining department.

That is it, the whole reason why from April to the new notification submission it has not been finalised and why the cash is not already in the bank, nothing else.

Presentation to the mining department, providing there are no questions from that presentation it is onward and upward.

Simple.

Onlyking, I took it a different way, I think that he diplomatically informed us of what previously happened and what was about to happen without placing any additional time to complete the process all at the government's door.

Investors are an emotional lot and an African mining dept would be horrified at investors comments if they thought that the mining department were to blame.

Contrast this with Leo Lithium, their presentations were bordering on boastful about early revenue from ore, there were at least two presentations released on the subject, then in the African press they made a big deal on employing their first contractor, but also proclaimed that the deal was in two parts, an early contract to work the early revenue stream of ore, secondly when the spodumene plant was up and running.

All of the mines are allowed to ship ore for various tests.

It is difficult to impossible for Leo Lithium to say that the ore heap on their mining site was for samples only after going so public about their intentions. So if permissions for ore mining and sales are not in place they are in a difficult situation.

Contrast that with Kodal, the government wants a different submission, even though they worked on the first submission for around 8 months they made no fuss and completed a new one, the government would like a presentation no problem they will put one together.

No doubt the government will be wondering if a phased development initiative could assist Mali mining companies to join the larger miners too.

But Kodal no big boasts, no major press releases just get on with it and work with not against the mining dept.

Sleepy, it is best to listen to Steve for yourself in the AGM video which was on the 28th September and make up your own mind.

My guess providing Steve got his weeks correct and assuming there are no questions from the presentation, is latest end of November first week of December, earliest end of this month, more likely between the two.

If there are no questions then there is nothing else to wait for.

A lot of negative words are used with shares and companies.

However this one is merely following a due process, Change notification all completed and submitted in April everything all on time except possibly the Chinese were a little optimistic on their timeline.

Then the mining dept requested that this be changed to a phased development notification and Kodal duly completed the work and that is where we are today. A presentation on this notification any time soon.

No problems no issues just us and the mining department following process.

Long stop dates cannot take into consideration third party requests.

At least we have no issues and it does appear very close now. Hopefully we get an RNS to confirm the presentation is complete and if anything arose from it or if that is the end of it.

Hadrian you may be correct regarding the presentation nobody can know for certain.

One thing that is known in all African countries including Kenya and Nairobi which is considered relatively safe, you give nobody a timescale of your travel plans, basic procedure.

You will remember they gave no exact date of their previous visit.

With the current Israel situation I think security procedures in african countries will be stepped up. So I think he knows the date.

These security procedures are not limited to Africa it is commonplace across Asia too. Although you will always see the trip advisor or YouTube expert flying in the face of common sense and getting out in one piece.

Mafee good points agree. They are working on the road etc.

Lol Roger, I do think if nothing is raised from the presentation then it will be signed off, which, providing Steve got his dates correct is October or November.

No reason to doubt it, unless a new communication states different.

Shame the longstop is set at the end of this and not next month.

Exactly right Daz, they are doing it properly. Very close now.

Guido at least you have listened this time so you will also have heard that the change notification had to be changed to a phased development notification which in the presentation slide confirms that it has been submitted (as Bernard said too) so only the presentation to go and if nothing is challenged or questioned it should all go through.

As you say it should be this year and there is an outside chance it could be before the next long stop. If not before the end of November.

Absolutely Stephen and this final step does look like full completion at last. With good reasons as to why it has not happened sooner.

In certain parts of Kenya particularly the suburbs of Nairobi you don't drive with your arm out of the window, someone may Panga your arm off for your watch. A bit tougher than Oxford.

Onlyking, lol, the date is set, he was trying to work out when from the AGM date, difficult when presenting if you don't have the date in front of you, but I suspect also for security exact dates may not be released.

You have security protocol overseas, park in busy car parks, set off a different way to your intention, take a few turns and see if you are being followed, don't tell people dates you are going places all basic overseas stuff.

M1p1, I am not sure if this is just an online wind up or if people have not spent the time to listen to the presentation in a quiet place and thoroughly.

You are absolutely correct that was submitted but it has been changed to a phased development notification.

This is what I am on about.

On the back of this new submission there is a presentation and if no questions or further information that should be it.

Guido, in the UK if you disagree with a submission or have been told to follow one path then have to follow another companies are vocal, possibly openly disagreeing and explain to shareholders why they are six months plus later than initially expected, in Africa you do not.

Bernard has said to the long stop dates, jokingly he is optimistic, then he thought they would be completed. Not everything is within our control.

Steve, subtley mixed in his ESG speech that they were told last year to make one submission then were told to submit a different type and confirmed they remain under the 2019 code, not in one sentence sprinkled throughout his presentation, so he doesn't upset the mining office.

The reason Leo Lithium have gone for reprimand from the ASX regulators rather than put anything in print.

My opinion DYOR

Second mention after he mentions you can see the road coming in from the left.

Guido, listen again carefully, first the alteration to the notification, this means that they had to change their submission then a few minutes later they are happy with our submission but they are doing a presentation.

It is in the video recording that you linked. You have to stay on it with Steve, he crams a lot of detail in a sentence if you start around 14.00 and listen for a few minutes you will not miss it. He mentions the notification then changes subject then goes back to it.