Member Info for Laverda

Kicking up a fuss? Hardly.

Expecting an SC6 RNS.

Peculiar, on this I agree, it is investors own money they can pay as much or little as they want for a share, it has nothing to do with anyone else.

I am interested in the pilot plant etc, but I cannot lie it will be interesting if there is no lithium RNS before close on Friday, if everyone will stand strong waiting for the result of the new contract and detail next Monday.

Interesting.

Absolutely Acker, if you ignore the detail of the new contract, the fact there is no lithium to date and forget the previous failed attempt as laid out in the previous contract, everything is superb.

Yet anyone who points out this detail obviously must be a troll not a person who invests regularly in the markets.

Due diligence, research, what does it matter? Stick a pin on a list and it will all just turn out fine.

Not sure if the trolls are negative or positive posters on here, definitely some sort of madness set in.

Acker very simple the contract involves prepayments from Canmax, which are repaid by Prem with lithium under the contracted tonnage, no lithium then the prepayments are replaced with a liability and interest which amounts to debt.

Acker, so in your projection, all repayments must be made by Prem prior to Q4, that seems tight as that leaves finding lithium and repayments all in one quarter.

If the contract is as tight as that, I would be concerned.

I would imagine Q2 next year would not be unreasonable in the contract.

First they need SC6, this week would remove a lot of the pressure on everyone, Canmax, Prem and investors. Then timelines appear possible.

Oldbutnotout, you spend your time commenting on others rather than the share.

Prem has got itself into a position which only a complete idiot investor could consider positive in any way shape or form.

Prem got there, not anyone discussing, charts, plant, ground, order of development. Prem made a decision on which way to progress and failed - now investors either get out, hope for a lithium RNS before the 25th, or wait and see what they are given, a good contract, bad contract or no contract.

That is the position no matter how you want to present it.

I hope it continues, I am interested in pilot plants.

For investors, no matter if the deal is poor or reasonable under the circumstances, lithium still has to be found, prepayments repaid in SC6 so literally the clock starts ticking again until the next deadline. While the clock ticks, debt mounts in the form of SC6 lithium, making life more difficult not easier.

Research Wolf, which research is positive to support investment?

Oak, clearly you are here to argue. No facts or research to add about Prem.

Cheers Joey, agree in AIM it is rarely something you see coming that gets you.

That applies to all AIM shares.

I would like to see an SC6 RNS, then the finance and contract issue also gets interesting, a third-party could be on the cards.

I would also like to hear that RNS because Stark will start communicating and it would be interesting to hear how and why they reconfigured the plant and some detail on which scanners they used.

Enjoy the weekend too.

Oakgrove, ahh, my bad English,.....I never posted that I hope Prem fails, nor hoped ( but did not write) that Prem would fail. Is what I meant.

Not a hypocrite, just crap English.

If that is your only point I apologise for my typing.

But I suspect it is not your reason for raising this.

Oakgrove, it is factual, Prem could be gone soon.

This is a bad situation, firstly if a contract is not agreed, secondly if it is agreed but there is a time limit to produce SC6. If not met, gone.

You appear to get muddled between fact and fiction on here.

Secondly on the downtime between events on every other board I have been on, companies in a similar space have been discussed. However some disruptive posters from here, who most likely are trolls, not investors, kept swamping the board along with some who pretended to be investors but clearly were not and had zero interest in any real facts associated with what was going on.

A mutual agreement was to only discuss shares on the relevant boards. Here I am.

I have a mining connection through employment and have been in and around many mines and associated plant, worker and manager, I am interested in these pilot plants and follow Prem and ATM.

This is a public forum.

For people who want to write fiction on these boards, we will never get along because I deal in facts and reality. But the idiots who want to move around the boards trying to provoke people with fiction are just a part of the internet, so we put up with you until technology eventually gets rid of you.

Projected to realised figures. A projected business cash flow is not the same as a profit and loss account.

That is where a budgeted Forecast is tested against reality and competence is judged.

My P&Ls were never far from my budgets or I would be gone.

Sad to see a company with a good foundation to build on go through a few name changes and end up on the scrap heap, it was a big ask to turn it around in a different direction.

All those rampers and traders who bought in the troughs and sold on the spikes all based on nothing will be sitting at home smug.

Others have lost a whole lot of money.

Myself and a few others were shot down when highlighting the history and some of the issues going forward. Best listen to everyone and not get carried along with the crowd. AIM is high risk and even with everything properly researched it can go wrong, but this after the original name change was a big ask with little funds left.

Curious nowhere have I ever posted or hoped that Prem would fail, I would not wish that on any company or any investor ever.

It is not in my nature.

Prem is where it is, waiting to see the terms and conditions of a rescue package because it did not meet the terms and conditions of the previous contract and is out of cash.

You can paint it up any which way you like, but that is the reality.

Out of time, out of cash and to date no lithium.

Reality, nobody's wish I would hope.

The use of a pilot plant instead of a jorc/DFS to find lithium is interesting, just not on a shoestring.

Mikee, most likely outcome.

Aimis, unless he is really unhappy with Canmax, keeping information tightly held down, goes to the 26th, doesn't sign the Canmax deal, another deal is done and they pay off Canmax in the allotted time.

Then lo and behold SC6 starts appearing and Stark are playing a higher role.

Long shot, but you never know, a more positive spin on lack of news.

Bill, could happen early, but I reckon mid July. I think it is the same timescale as over here for reregistration of assets.

Hope I am wrong.

PD, over optimistic. Bottom line, no cash no lithium, it did not go as planned.

This Canmax deal is for whether Prem continues or it all ends here.

An SC6 RNS would help lift from that position.

Terms and conditions will favour Canmax. If put in place, the clock starts ticking again until the next deadline.

Until there is lithium there is nothing at all positive about where the company currently is.

Mepension, inflation could be an issue, but Prem gets paid in external currency and the government takes external currency.

Unless they force reprocessing within Zimbabwe, which is unlikely that should be ok. Inflation is crazy though.

Having something to sell is a bigger issue.

Roman, lol, how many decades to catch these up:

https://www2.asx.com.au/markets/company/pls