Member Info for Laverda

Elcobble I agree I can't see the mining regulations updated any time soon.

Also lets not moan about the government their review last year increased gold output by 35%, same leadership so they are certainly not killing mining in Mali they want output increased.

Spoons, even more ironic considering another part of the same interview was getting in when shares went down further than they should, I think Atlantic Lithium was his example 18% in a day on the back of good news. Well he got an even better chance here.

He explains all of the processes that Kodal will be going through from setting up bank accounts to restructuring companies to accommodate the joint venture and as far as he is aware Hainan has the cash ready to go.

I missed something earlier in the interview, how many million upfront was it for an offtake? Did I hear 700m? I will listen again when I get time.

Spoons he said he didn't see Hainan coming and did not hold them when the announcement came out in January.

Also spoons I wonder if he holds them again now.....

Cheers spoons can you post the link

Https://www.mining.com/web/no-more-plundering-can-africa-take-control-in-green-mineral-rush/

How much did that comment wipe off our market cap?

I bet the phone lines were busy in Kodal. It even dipped below what Hainan are buying in at one point.

Elcobble, agree.

Trading, which comment was against you?

Or was it in a different thread?

An up to date article on regulation change around ore smuggling released today, this happens to be Zimbabwe but others are doing the same

https://m.miningweekly.com/article/zimbabwes-1bn-lithium-plan-faces-setback-as-chinese-partner-cuts-stake-2023-07-20

Robit, that would not be a read across to Kodal, that would be to every mining company in Mali.

As per the video posted earlier the mining regulation changes in draft form are not finalised and have not been submitted to the government for consideration, let alone finalised.

In addition the changes to royalty payments are a small difference to the existing royalties. We are already looking at 20% max, a move to 35% max is not a big deal.

All African countries are doing the same, reviewing natural resources.

Trading, Onlyking 7.31 today. Cut and paste.

Trading I could not find it either, but Onlyking provided it earlier today if you look back.

Onlyking, do you have a link?

Biz, keep the hat as a trademark.

Well put and a good reference to articles.

That is the best way refer to articles and let the public make up their mind.

Right balance between evidence and opinion.

The ore and smuggling is well covered in Zimbabwe when they brought in their changes and references other countries too.

PS Rotter, Bernard cannot guess what is in the Leo Lithium correspondence from the government, so he can't put up an RNS and say nothing affects us.

Worst still until Leo Lithium resolve or communicate their issue ours will not be resolved.

Meanwhile the asset reregistration continues and potentially could happen before the Leo Lithium issue is cleared up.

SP Angel cannot withdraw their comment either.

You could not make this up.

SP Angel I think may be in hot water.

Onlyking, amazing resilience in the face of adversity.

For nothing else but loyalty they deserve to get a break.

Rotter, SP Angel is saying it knows what the leo lithium communication is about.

That is insider knowledge.

Without the information being shared to Kodal shareholders they are insinuating it could knock on to us.

They are in our board and operate in a regulated world.

They may have messed up.

Even worse if the transfer of assets completed now, shareholders would have lost some serious amounts of money.

I am not sure what Kodal can do.

They will not be aware of the content of the discussion between the Mali government and Leo Lithium.

SP Angel cannot divulge info from Leo Lithium.

Catch 22. It is a good job we did not require a fund raise!

This is a first for me.

Mrspoons can you provide that link please. That seems very unlikely.