Member Info for Laverda

Ivenoidea, I am hoping so.

More outer fringes and vein depth and widths is just, while very good, tormenting and teasing us.

Like there seems like loads, more here and over here, down here where we did not think there would be any and......

How much Bernard? We don't know yet, but more than we expected.

What did you expect - can't tell you that.

I suppose Leo Lithium went through this too until they started the short space infill drilling.

It seems to have gone.

Stephen, I will try:

https://m.miningweekly.com/article/something-must-be-done-to-make-exploration-investment-attractive-ex-jse-stalwart-noah-greenhill-2023-05-08

I might be wrong, but you get the feeling that the big drill result RNS they would like to be landing after the Hainan RNS.

The lab can't hold them forever.

Some more must be due.

Site is under maintenance - patchy connection.

Anyrop-antrop

Anyrop, this time next year....

Lancy, or planet maybe?

Only king, I got off the train once up there and an LED sign on the wall said 1950, I thought it was the time until I spoke to a local.

We both took a punt early on.

Mine was mainly on Bernard's employment experience and the way he communicated, coupled with location and markets.

But as this derisked it moved from a punt to a serious investment.

The art of thinking clearly is also a useful book in life.

Human nature affects our thinking in many ways. Investing is one of the worst areas, you have to ditch instinct as much as possible in this game.

Great fun though a good hobby that provides cash - most times!

Behavioural finance:

https://www.investopedia.com/articles/investing/060513/avoid-these-common-investing-psychology-traps.asp

Agree with the latest posts.

I was trying to find an average gold value per ounce, always net assets and NPV for me, then I have a good idea of a potential loss if something goes wrong or a major delay.

The average value I found was 160 dollars per ounce, this is a BFS pre production value. But without a BFS at earliest resource stage this was 20 dollars per ounce.

Massive variance.

Boring as it is, each stage done properly adds real value. Like you guys say it is the only way to get a real multi bagger.

With a relatively small investment a person's overall wealth one share can produce more than that individuals savings capability over decades. But it has to compound up to achieve this.
That is AIM, a ghost train ride.

RB, this is asset per share calculation pre production that Cannacord are using.
What will Royal Dutch Shell s share price be next year?

One thing in the Cannacord calculation which is interesting is the net asset value per share would be over 4p if our Lithium resource matched Leo Lithium.

Daz, yes it must be general, if they gave away the type of samples we were waiting for it could stimulate the market.
Up till now we are unaware if the samples types can increase the resource or just provide additional vein extension data.
I say 'just', but only an increased jorc is an increase in value.

So a resource increase of 4 years mining life increase puts their value per share at 1.86p.
But I assume this is solely based on the lithium value?
Nothing for gold, cash, Bougouni West etc.

Daz, that is interesting, 6% per year increase.
They also indicate that the samples results expected may increase mine life? Or do you think that was a general statement?

Yes watch Charlie go through the pomp and ceremony, wonder what the poor b****r gets thrown at him.
Activist magnet events like that.

Horult, are you posting from a bar by any chance?

Horult To your question what facts? The ones Bernard will tell you over the following weeks.
Read the post again.

Horult you can read the links we posted from the gold earlier in the week, timescales for maiden prior to being placed on hold are in there, target ounces and updates on those etc are all included, four of us did it over a few days. However if you are researched you will know this already.