Member Info for Laverda

Agree trading4good too, I get nervous if my share price exceeds the potential next milestone before it arrives, that is a potential sell for me not a buy.
Even worse if it exceeds the milestone after that too.
This one so far is nice and steady, a sleeping monster.

Go_ly, good post agree.

Actually Paul, they are facts.
We were invaded by their posters a good while ago.
So I researched their share thoroughly, listen to their guy Roach, some other guy who did a recent presentation and what I have written is fact.
However I moved the discussion to their board, where it should be, but they still keep coming back.
It will be soon when their little test plant starts providing results, but it will be years before they produce commercially.
Overheads per tonne are high on test plants or pilot plants as they call them today, haulage will be an issue, hauling small tonnages in that country and they have fuel issues too, plus inflation running riot.
Hopefully the pilot plant will find lithium and in sufficient quantities to move forward, but it will not be quick.

Horult, built on what? 3km of small claims licence. No proven resource, no jorc. A test plant which can hopefully extract enough lithium of the 3km square patch to pay for the debt?
Then build up some cash to see if there is a lithium resource in the surrounding area?
According to your own company presentation 12 months to repay the debt.
If there is lithium you might be mining in 2028 if you are lucky.
Mining licence application, environment impact studies, more finance....
Dream on.
We are staying Kodal.

Hey guys I am having a quick whip round for some less fortunate than ourselves, no jorc, mining licence only on 3km square, dig deep ladies and gentlemen they bought on a new investment concept of high market cap, I know your thoughts, but they need a bigger fool to pay more and bail them out.
Give generously, they are cap in hand begging on our board.

Dazed until some not so smart investors realise that, from their own presentation, the monies go to repay debt, before the pilot plant can start testing other ground to substantiate if there is a commercially viable lithium source or not.
It will dive when the penny drops.

Fantastic Dave, excellent post. It may be worth saving a copy and simply reply once with that post.

Gemmel but not a long time in your share with a 12 months debt repayment period given in your last company presentation. If you progress to a production plant you will start the licencing and design next year at the earliest.
Get back on your board.

Vatian, funny the thought crossed my mind too.

Elcobble, most who had wet dreams over a Countach, couldn't get back out of one today without a hoist.

Terry, quite a surprise with the size of the placing. Another with a placing was going up too.
This one may be quiet for a little while, but I am keeping hold of my shares.

Elcobble, probably the same poster.
'He is right....'

Jonny you don't have a clue.
Ditto you were warned about your share, not even a jorc.
In 18 months time let us see who was correct.

Daz- lol, that did make me laugh.

To cheer up a drab Monday. We may need to add a telescope to our kit for our future mining shares..
https://m.miningweekly.com/article/china-us-are-racing-to-make-billions-from-mining-the-moons-minerals-2022-05-17/rep_id:3861/searchString:Hainan

Mr0.008, your own share philosophy: the market cap/share price is high, it must be a good share..
Like a lemming of a cliff....
If you invested...

Apart from Japan, the markets appear to have the Monday morning blues.
Too much global bad news sharing: they wonder why suicides are up.

Let the shares do the talking, everyone has expressed their opinions and made their investment decisions. They can look at the posts from all sides, do their own research and climb or fall by their decisions.
SP is not king on this board, strong foundations for mining are key here.
Real share value follows good business decisions.
We have the deposit, there is tonnes of red tape Hainan and Kodal have to deal with in a very short space of time and all of the technical drawings etc will be frantically being finalised.
We should have our next payment in before mid year and mining with real profitable production by July next year. No debt from production earned revenue in the first payment.
That is fast. I do not see another production plant being built or producing in that timeframe, so there is no-one to compare with.
Leo are building a monster plant which will take ages to construct. If we keep finding lithium our second plant may have to be larger than planned too.
Meantime once the cash is in, we will get the roll out and timeframes of our other projects.
We don't know how close Nielle is to a jorc and maiden value, it could just be weeks from it, based on the previous timetable, before the plan changed and it was all hands to Bougouni and retain cash to ensure no dilution before our full Hainan payment.
Debt free production next year is getting to be a reality for us, once that second payment is received.

100centurion- you probably read the crap website instead of the RNS stream - tells you nothing - no dilution here.

Donny, we invested in an explorer, been looking at this for 5 years invested during COVID and the coup. I prefer multi bagging if possible, so happy to invest long term and in times when others get out.
Today people are getting in early to invest in a junior miner.
All of the risks are in the context of AIM.
You now have to plot to their course as a miner, fortunately the reward for being a successful explorer has not fully hit their sp in my opinion.
There is nothing in the share price at all for gold.
Bernard has been commercially successful in the past, pulled a good deal for us and Hainan, sentiment should be on his side.