Member Info for Laverda

Yes we know that was never in question.

Everyone is mouth open looking at those figures, their resource is just short of a 3bn dollar NPV.

If ours grew to just half of that Hainan are on the map with their first venture.

Compare that to some of the struggles Ganfeng and others have had with other deals.

PM, yes, or a genuine error. A popular share would help his clicks.

Coffee, some people's criticism were valid it appears.

That is bang in the window those transactions normally take, average would be mid July around the 14th to 20th, some quicker others slower.

As expected.

PM about two articles ago Charles Archer said Prem was already profitable - it still has not sold a bean. Not a good journalist.

I hope Stark are not doing that meeting to highlight terms in their contract. They must be wondering about their future too.

Agree Daz, we are full production 2024, and would be still if we just got the go ahead in November, Leo Lithium should be 2025, although they are hoping to send some ore out last quarter 2024.

Loads of pilot plants operating around the world but none will move to full production before 2025, that is a slow process.

This is as quick as it gets.

Agree it is a bit like racing snails for excitement, but where money is concerned I can live without a lot of excitement.

Croq, yes if you sold Kodal shares which alternative will be changing from explorer to miner with a full production plant before 2025?

Jamesoor, Kodal is an explorer not a junior miner, 'it has not sold a grain of lithium' is blatantly obvious, otherwise it would be a miner. Then we would not have the potential upside.

You seem to write similar pointless posts like fantastic Dave or fartjet.

Hainan and Kodal are progressing, until it is completed, unless something is newsworthy they will just get on with it and not communicate with us - there is no reason to.

Constant babble from a CEO is not business acumen it would be worrying.

Donson, agree re mortgage, a search alone in the UK can take more than 12 weeks on average.

Moving assets from one company to another is a very specialist field, much like transfer pricing both processes the majority of people have no idea of what they are, what they involve or the complexities. Both interesting on a quick overview, dull as hell to be working in.

Jamesoor, it does not matter to Kodal or Hainan what shareholders think, work is being completed that is ultra boring and slow by external consultants and thinking or moaning changes nothing.

They need no funding or anything else from shareholders. The contract for all we know could have been written with the option on agreement by both parties to extend in one month or 30 day intervals which would explain the extension period.

If shareholders don't want to wait they have the option to sell, good luck finding an explorer in lithium going into real production before 2025.

Elcobble, thank you for posting that, amazingly with all that is going on I did not think of putting a bit more in on the price drop, seriously it did not occur to me, maybe posters on here influence more than they thought.

Joey, I was thinking along similar lines, the only explanation.

Or of course reality has set in, not all are winners.

Https://m.miningweekly.com/article/cora-signs-70m-debt-mandate-letter-to-support-mali-project-construction-2023-06-28

Thanks bottled.

Clapa it will be suspended either Friday or Monday due to the accounts being late. Not sure if it is the opening or closing of the 30th.

Dave, you mean one tenth, stop ramping Kod, as we do not.

Hasiba, I heard what George said and that was very close to the wire dodgy.

Canmax have placed a prepayment therefore it is not a debt and they can't take Zulu.

If the terms of Canmax cannot be met, debt and interest is owed.

PREM is almost out of cash.

Receivers would be called in if Canmax pushed for the debt.

Since Prem has no cash what else do they own? The subsidiary which contains Zulu.

If Prem do not own Zulu, what do the shareholders own?

A couple of days and the share will be suspended, then you will find out if it continues after time and if the suspension lifts again at all.

Some crazy ramping posts given the current situation.

Mercadooly, thankfully we are right next to a big river and are going for the old fashioned proven DMS and flotation plants, these have been in operation for decades and are already well proven for sorting spodumene from other materials.

Pilbera will be the first company to use the same technology as Stark but in a production plant later this year. However Pilbera have used a different company which has three test centres strategically placed across the globe. Pilbera has sent hundreds of samples to one of these test centres so they can be confident of separating the materials. The basis of this testing has been used to design the construction of the plant.

Scanning technology has been used in diamond mining for a long time, earliest (crude)70 years ago, but it is new to lithium mining.

Short answer don't worry not at Kodal.