Member Info for Laverda

Elcobble 6 months does seem tight including supporting infrastructure.
The DMS is an excellent idea. The drilling results may reveal that we need either a larger flotation plant or two slightly smaller ones. Next door is building a half million tonnes per year plant, if we find similar tonnage we might want another 170,000 tonnes per year or more capacity.
The DMS brings in substantial income while this is decided.
It is also why I expect at least three drilling rigs on site too, I think they will want as much information asap before they comit to the size of the second plant.
It will all move on to the next stage soon - very exciting times.

Good point Midas. Peculiar decisions.

Satoshipay just pushed Blu up over 20%.
Very obvious this was a practical company with a clear path and keen eye on reality of integrating with business.
One of a limited number of companies in this market which could end up massive.
What on earth were they thinking when they sold it?

Mercedes I am too, but we are realistic with the amount of jobs both Kodal and Hainan have to get through.
I would like to see some other updates, drill results would be great and a refresher of where we got up to last year with Nielle and Fatou Goldfields, plus any update on the sale of Bougouni West
Otherwise I have a horrible feeling we are going to be drowned with information in one go, sometime over the following weeks a flurry of news and video interviews then silence again for a few weeks!

Epic, you may be right, he may get a job off his desk, do a couple of interviews then on to the next task.

https://m.miningweekly.com/article/biden-to-limit-arctic-oil-drilling-ahead-of-willow-approval-2023-03-13

You will lose to tax outside an ISA, allowance is lower next year for CGT.
Just in case you weren't stressed enough!

Elcobble, I heard that answer. However on AIM the usual course of action is not dividends in early stages but buy back and dispose of shares, reducing those in circulation and thereby increasing the remaining share's value.
I would think that this course would be more likely. It would be brilliant if 5-15m or more per year was allocated to this after the first year production.

Overpriced share price you sell.
Underpriced share price with no company issues you retain.
Dealing in shares is not all rocket science.
Hainan a multi billion mining company, has valued the lithium alone (on our percentage) above our current market cap/share price.
I think I will go with their valuation not a divvy poster.

Seb10, what you think may be lift off may be nothing.
If there is 5 times more lithium in the ground and the first goldfield came in at £30m for example.
THEN what would lift off look like?

What other value do we hold?

Can't wait for the extra drill rigs to start burning through that Hainan funding and result after result to be constantly flowing.

I think the size Hainan is they will be looking for a lot more Lithium than our current total.

Elcobble they are a bit like the assembly instructions from early Chinese imported products, some hilarious instructions lost in translation.
Still a lot better than if we tried the other way round.

We are down to 7 weeks max remaining until the 100m is deposited.
Getting closer!

Elcobble, below the app option there is another option to continue reading, caught me out before too.

https://www.msn.com/en-us/news/world/mali-s-pm-maiga-we-did-not-abandon-cooperation-with-france/ar-AA18msXc

Looks like the traders have had a good feed on the back of it.
Up 30%, another 10 and they are back where they were yesterday.

Bill, he is talking about Atlantic and their issue.
Weird scenario.
Fortunately it is not us.

It has been released, they are angry and saying that the report is factually incorrect.

Elcobble, I see on the net they are not new to contraversial commenting.
No RNS yet from the company but I would assume a legal team would be involved with an RNS in this instance.
Awful for their shareholders.
According to comments on that board they do not specifically name the parent company. The posters could be in trouble over this one too, I hope they chose their words carefully.

Invfun, next door to our plot, no guarantee we will be the same there is Leo lithium, same size plot, continuing to drill and add to their jorc, no Goldfields that is probably a good indicator.
They are building two plants like our second plant and should be completed just after our first smaller plant is well into production.
Their website gives loads of information so probably a taster for where we may end up. Unfortunately they got tied up before the lithium price exploded, we have no price ties on our lithium.

Elcobble, I have never heard of that company which wrote the article, is it legit?
Some damage if it is not.