Member Info for Laverda

They have an announcement pending.

The share has been suspended - no trading

Elcobble, agree, JORC and mining licence are important.
We know our two plant plan will be approved it is a formality, but if it was not, we simply revert back to plan A, straight to the big flotation plant. It is not game over.

The basher, awful to see 46% down. Like I keep saying solid foundations there is no security in a high market cap/share price but it seems to continue to comfort many. Comfort in a crowd or something.
Terrible.

https://m.miningweekly.com/article/battery-metals-projects-catch-eye-of-pension-funds-and-carmakers-2023-03-07

Elcobble I agree, plus when we get more than one drill rig on site and have a continuous update flow of lithium results from the ground adding to the 21 million tonne total - that will change things dramatically. Plus we have the joker of a gold field very close to maiden value, a value that none of us have a clue of what region it may be.
The risk as far as I see it is selling out early and losing out big style.
Plus I think Bernie already knows which other asset he is going to purchase.
So many unknowns:
Is our tonnage one fifth or less of the actual tonnage on our site like next door?
How much is Nielle worth?
How much is Fatou worth?
All we are jumping and singing about at the moment is 21 million tonnes of lithium about to be mined in a JV.

Invst21 I am also a lth, but the share price is of small interest to me, solid foundations for a good business is my focus so when the share price rises significantly and my monies become significant the whole lot does not come tumbling down while I am waiting for the perfect exit point for me.
Going somewhere else is just starting at a higher risk or if safer buying into a higher market cap where profits have already been made, pointless when there is so much potential upside here with planned dates to work to.

Inst21, what hype?
You have lost me.
An RNS announcing a JV is not hype and it is due to be completed by the 30th April. Not sure at all what you are on about.
A JORC with 21 million tonnes is not hype either.
A massive multi billion miner buying in never picked up a tip off these boards you can be sure of that.
No hype here you are on the wrong board.

Noba, anytime within 40 working days max, chill once it all starts it will be one RNS after another.
Hopefully some drill results come in a few days before it starts so we get a chance to evaluate what they mean for us.

Dr Pineapple agree totally. The projects being planned which use 6,000 dollars per tonne Spod price, low turnover tonnage and high overheads per tonne will be the ones panicking. Repaying their debt will not be possible in the planned time frames and some may be no longer viable.
All along Bernard has used very conservative figures as we all know and even now our figures are based on a figure less than half the current lithium price.
Our overheads per tonne are very low and sustainable even in 10 or more years time when lithium prices are forecast to drop to lower prices.

Paris on launch shares are always higher than the value, which is why sweeteners are added. Otherwise nobody would buy them.
I have never bought any at launch, I am a second hand type of investor!

Yes I agree elcobble regarding pricing. Major production low cost model it will have legs which is why Hainan were eager to buy in.
This is right in their domain long term.
It is the small projects which may end up casualties, low tonnage high cost mines which require lithium to be near its highest price to proceed. That French mine for instance may not happen.

The perm, even stranger comment, if you did not buy at launch, why on earth would anyone buy immediately after launch without the same benefits as you are certain to drop in value?
Only the stupid would do that.
Very few investors will have bought on another peak here.

Clapa, so much better than our country in this respect.
Our kids only have dumb TV NEWS, mainly dumb newspapers and nut job social media to gleen what is going on in the UK.
These kids have companies go in and tell them what is happening in the World and what they are doing.
I remember a customer's daughter asked me to ask a solicitor friend about a future in law, my solicitor friend said study patent law as manufacturing and design in the UK is where the money is and where the openings are for correctly qualified students leaving university.
Contrast that with the rubbish spoouted on TV and in the news.

Now down to 8 weeks left maximum until the 100m dollars is paid.
Getting closer.

Lol Roman, do you have that on cut and paste.

Roman, but from experience of your previous posts, you contradict yourself.
In other posts you said you sold out. So if your post today is true, you held none, had none to sell and bought none?

Just to keep the scale of this in perspective, this lithium site is just short of two thirds of the size of greater London.

Nothing is going to be a two minute job.

We only got the JV deal 42 days ago!
This is a real mine on real ground not a reality TV show!
Picture 97 square kilometres in your area. Try and set up two companies in the UK in 42 days!
It is an uncomfortable wait, because everyone wants to jump to the next stage, but this is where experienced investors chill and the inexperienced lose their bottle.
Cabin fever sets in.

MidasMac, we are not expecting a lot of movement until the cash is in, sometime over the following 9 weeks.
Unless another RNS is released with some more news, additional lithium, sale of Bougouni West, sale of gold field etc.
Alternatively there is always the chance of a popular journalist starting to highlight the share. It is amazing the following some of them have.
Once the cash is in they up the drilling etc and news will flow.