Member Info for Laverda

Trip advisor Jonny is back under another name.

One trick pony 🐎

Gold investor if you really think that in Africa, Mali or Zimbabwe where you are invested, the likes of Wagner is a major risk then really you should not be investing at all in Africa.

If you take Zimbabwe as an example, only 6 years ago it was one of the most dangerous places on earth, political unrest is always an issue across all of Africa, then take inflation, currency is worthless in Zimbabwe, civilians are trading anything but cash, if they have to purchase imported food it is out of their financial reach. Those scenarios can create civilian uprising and riots, much more of a danger than private security forces.

A good indicator of the stability of a country is their established industry, Mali is the third or fourth largest gold producer in the World and has a massive cotton industry too, both operate well with no currency or inflation issues and no issues with getting goods back and forth over borders to keep the business running efficiently.

These are the aspects you need to focus on. But reading your posts I doubt you can see it.

Gold investor

https://newsday.co.zw/thestandard/news/article/200013503/russias-wagner-has-footprints-in-zimbabwe

Goldinvestor your reading was poor you did not read that Wagner is in Zimbabwe?

Yet you are not concerned?

Rotter, they are beginning to sound like our trip advisor mate.

Rotter he doesn't understand research

https://newsday.co.zw/thestandard/news/article/200013503/russias-wagner-has-footprints-in-zimbabwe

https://www.thezimbabwemail.com/world-news/failed-wagner-revolt-leaves-question-in-africa-will-the-ruthless-mercenaries-remain/

It is, I was as surprised as you, listen to it again.

Wolf you may remember him explaining that Canmax retain the offtake providing they retain their current share percentage and Prem if they issue more shares must offer Canmax the same deal to enable them to retain their percentage and offtake.

Wolf, ps, you would have thought that the contract would include the stipulation you mention. But it does not.

Wolf, the offtake is attached to the shareholding, not to their funding.

George covers it near the end in the last interview.

Pec, if Zulu is a lone entity able to do its own contract, as a shareholder in Prem, what do you own?

Incidentally Acker, the piece of kit that Stark is fitting normally removes slime in the main, also small particles.

So if Mica was coming through in slime and sand like particles that piece of kit should remove it.

Thank you Acker,

Which parts are incorrect?

Pec, but Canmax retain their offtake.

This makes third party negotiation more difficult.

They have not said they would relinquish their offtake.

If they did that would help, both Prem and Canmax getting their cash back.

Redtrade, hopefully you will find some.

Prem is sat with a small amount of cash dwindling down waiting either for Canmax to change their mind and give another handout or someone else to come along and do a different deal with Prem.

Two problems, the largest is the reason Canmax, who want and need lithium no longer want to continue with Prem, remember they have far more information than the shareholders on the project.

Second, any other party coming in knows that Prem's back is against the wall, so will they just want to release Prem from their liability and take over alone?

If anything what will be left for shareholders in a third party deal?

Watcher, nothing wrong with trading though, it takes all types to make up the market.

As the share moves through the following phases it will be heavily traded, some trade others hold, it is the way it is.

No sweat.

Merc, the sale of West Bougouni after Hainan sealed the deal adds weight to your potential upside.

Something they know gave them the confidence to sell that site.

Wide spaced drilling and vein size data, they already will have an estimate which will only be released to us when confirmed via a jorc.

Well-oiled, the ownership of the Mali subsidiary is not yet owned by KMUKltd and 100m dollars has not been deposited in that UK company yet. It is currently a shell.

So currently Kodal still own Future Minerals Sarl 100%, once the Mail assets are fully restructured and the deal goes through FMUKltd, will own the newly formed Mali mining company and Kodal will own 49% of KMUKltd. It is a big operation which is happening.

Ivenoidea - all we are expecting from Kodal but Hainan will have their input and plans too, very exciting for all involved, Bougouni region, Mali government Kodal, Hainan and us.

Re Suay Chin offtake, I e mailed Kodal and did not get a reply regarding all of the principles in the offtake and am not aware of any in print.

Suay Chin may have to give X months upfront, common back then, but who knows?