Member Info for Laverda

PS, PG of course anyone risk averse would neither be in any AIM share and certainly would not invest earlier in Kodal before the resource was derisked.
We have a proven lithium resource and Nielle is moving towards jorc.
Being an explorer and not having a proven resource is relatively off the scale in risk terms.
We have travelled a long way since then.

PG, as most other much greater risk has been removed from the table, once we receive the monies, I agree that is our greatest risk.
However it has to be balanced with the fact that we are lucky this is the remaining risk.
I am curious which way Bernard may go, he may not sell Nielle and mine it so we have a geographical spread of assets.
That way it is a limited time risk until Nielle produces.
But every business has risk. If you have a market stall in London there are no guarantees that customers will turn up.
Risk is everywhere, unless you do nothing.

Looks like Lancy wandered in made a statement and wandered out again, maybe made a wrong turn!
Sometimes this is like a drop in centre.
I wonder where they thought they were?

Lancy, struggling to see the point of the video?
We are not eco warriors we are investors.
Global references are pointless to us, the population concentrations of the World distort the information being presented.
There is a huge lithium demand which creates the supply chain, part of which we will fill.
Cities will be the stomping ground of EV vehicles and their lack of serviceable parts will make them attractive even across Asia.
Combustion engines are expensive for poorer countries, electric motors are virtually non serviceable items. Hainan is targeting Asia and going to supply lower cost batteries. Already the Philippines are selling and using electric scooters and tuk tuk style electric vehicles.
I may be missing your point but could you give us a clue?

Excellent post paper, as I see it too.
Next door is still adding to their lithium resource and are up to 140m tonnes so far.
That is no indication of what is in our plot. However it is possible that there is more value in the ground, waiting to be discovered than everything else we have totalled together.
What we already have is fantastic, but until we have the full picture it would be foolish to predict a final value.
Painful as it is, it is best to sit back and see what unfolds.
If you are not in it, you cannot win it.

Roman if diversifying find a different continent, sector or product.
To me it shows either a trader or lack of confidence in the selection, I am guessing a trader and there is nothing wrong with that.
To me, who does not trade, I invest money I can afford to lose to multi bag on AIM, otherwise it is pointless being in this index, based on risk reward.
Buying on a high market cap in a higher risk share is a no no.
Worse shares have hit higher market caps as we have all witnessed, but the inevitable follows, the question is when?
Each to their own.

Or simply they could read the board for free and not lose their shirt.
Tin rattling on this site every day!

Everyone appears to have their heads down working frantically at Kodal and Hainan on this project.
Until they submit the changes we may not hear much.
I imagine due to a tailings dam burst which happened to another company in Africa, they may be looking at that area while they are making the other changes, it will be interesting to hear once they fill us in.
Exciting times.

British Volt rescued, they miss out the good news it appears
https://www.msn.com/en-gb/cars/news/teesside-lithium-factory-could-supply-rescued-britishvolt-plant/ar-AA17bZ0Z

Anyone seen any interviews anywhere or Twitter updates?
Funny my spellcheck always manages to get Twitter right.

We all know the best is yet to arrive.
A large 100m development fund and news flow of plans for the remainder of this year.

Ps I agree with trading4good and Dr Pineapple.
Remember NPV figures are based on 2k per tonne not the current 5k+ per tonne that lithium is selling for.

I'm trying, I would just enjoy the ride and wait for the Hainan money to hit the account.
Listen to any update on Nielle Goldfield, we may get a maiden value this year.
Plus any further lithium results adding to our lithium tonnage.
Then take a view after that.
Meanwhile enjoy the ride.

Cheers Howey.
Good points.

FP - wow. They need some big mines signed up.

Wrong way round Johnny. You and your mates insisted on posting about it here so I researched it. Then posted on the correct board.
You don't like it when people point out your lies.
Daz is different as I think he was interested in speculating in Prem until the market cap went crazy. Plus he is a detail person, pulls everyone up on it.
But I don't think you have any shares anywhere.

Cherch, the TV is so poor they miss almost everything. The EU supporting press said we would be bankrupt with Brexit, I lived in a large EU worker populated area, many did not understand our news and TV is politically biased, so many left, didn't fill in the forms to give them the option of returning. Then they wanted back, but could not. They fortunately for the rest of us have prevented the usual spike in unemployment and additional cost to the taxpayer and, if the stats are correct we still have a labour shortfall, although that may change if the war continues in the Ukraine for a long time. Better to get a peaceful solution.
I think we will pick up too.
We need to keep out of wars to expand our trade. The two together are difficult.

Not a bad place to be. Looking forward to watching the RNS roll in over the following months so we can move forward to the next stage.

Howey, I do not see it as talking any of them up or down.
It is factually where they both are.
Facts appear to be escaping some rogue posters from the other board.
They have explorer risks.
We, once full payment is received move to junior miner risks (lithium).
Just underlining absolutely no comparison.

Vatian, you seem to pick up the same points as me. I listened to an interview their CEO had, where he started a sentence 'let us be absolutely clear... Then explained what the plant had to do, in limited time on a limited budget prove a lithium resource' and then went on to say no independent competent person would sign off their resource, nowhere on the board was this repeated, then as you point out in the last RNS it is highlighted again, not raised on their board. Furthermore in their last presentation they said it would take 12 months to repay the debt, one poster did pick this up and it was dismissed as incorrect.
I don't see a lot of Kod people posting on their site and Daz highlights facts not fiction. So they are not swamped, they appear in droves here.
Now let me be clear here, if you don't know how much lithium you have, or if it can be commercially viable to extract, that is the biggest risk an explorer can have, the resource is not derisked.
That is the equivalent of pre drilling results at Kodal, there is no comparison between your unproven lithium resource Prem shares and our Kodal shares.
If Hainan did back out, extremely unlikely, we keep their 7m dollars. So we would have 8m plus dollars in the bank, plus 2m if the sale of the other land happens and we move on to deal number 2.
Hardly the same risk as yours.
If you hold any at all.