Member Info for Laverda

Jonjo, Jonny the Pratt in drag again.

Fantastic Dave I think you meant to post on a different board.

Compo, I couldn't get an answer on this, I will ask in a week's time again, but I think it is written in the contract, extend by mutual agreement in one month intervals.

That said Bernard said they were disappointed that it was not completed, which infers he thought it would be done by now?

He may do an interview on the drill results.

It is quite staggering what Bernard has achieved.

Every asset we have on our books still looks like they could produce value.

We have a valuable lithium jorc and a DFS which is in the process of finalisation our JV which funds us to a full production plant.

Additional drilling looks like we are able to significantly increase our current jorc.

We have cash in the bank.

We have a deal to go through with leo lithium too.

Bernard's cash burn is very low and very well targeted use of funds.

We are in a very good position. No debt.

Bernard has done us proud.

Approve what jonjo? You are as thick as Jonny.

They are reregistering assets so they do not trigger a tax liability, there is no approval.

Jonjo, trot on then, bye.

Exactly my thoughts Rob when I read it too. Also it is clear that neither Kodal nor Hainan are heavily involved as they are focusing already on working on the next part.

If the contractor is correct and we are wrong, then that work could be completed any day.

RNS as we all predicted.

You will notice the polite reference to where Hainan received their permissions in April. This is where we are working from on this last stage, not January.

If it takes around the same time as the UK, I expect the first two weeks of July to complete.

If Mali is faster, and they are with most things connected to mining, it is anyone's guess, any day, later this month, who knows.

Drill results are looking amazing. Remember if we just over double our resource we have 100% of our original tonnage financed to mine completely debt free. What a result.

I think most of us are becoming aware that the vast majority of value in Kodal may still remain in the ground.

I cannot wait for them to unleash the major drilling program.

Only king, I agree with you, they will know. They knew last time too.

Onlyking, notification of an extension could be as laid out in the contract.

Last day of the month if....

If the last day of the month lands on a Friday or weekend....

We should have asked.

Next time we need to think forwards on our questions.

Agree Compo, if it is an extension, which most of us are expecting, a little more information would be welcome.

Compo, if it a Thursday morning RNS to inform everyone that the assets were reregistered successfully the previous day - lol.

Fully expected an extension of 30 days.

Sorry Wednesday!

Just to keep the tension.

Accion- I tell you that website confuses even the experienced investor.

Hainan recover their mine construction investment in a few months.

We don't because we owe nothing.

We have to save for 49% of the cost of the second plant from lithium revenue.

TC, as far as I am aware, everything in green at the very bottom in green moving over to the new company, all associated assets too.

https://kodalminerals.com/the-company/focus-strategy/

Kodal said 'all', I thought Bougouni West would stay...

TC only in Mali we are led to believe.

If they held the RNS back to put in the information I requested, before releasing the extension to the long stop, sorry for the anxiety caused!!

I requested an explanation around the long stop and if possible the principles in the offtake agreement.

Ejt, often the spread goes really wide on a good RNS, early widening spread could be an indicator. I don't know if they know one is coming beforehand or not.

Anyone know?

Wide spread, nobody selling or a sign of an RNS?