Member Info for Laverda

Mr Spoons I will check it out thank you

Hope I am darned if I can find the communication that said they may have their first maiden gold around May-ish 2022, then along came the lithium RNS and priority was lithium.
Can you remember which one it was, an RNS, video or presentation?

Agree Merc, I think they will have most of the results for that in 2022. I wish he would give us an indicator of the time required to provide the maiden value.
It may literally be weeks work, if not already completed.

Has the website been updated? Answers on a postcard!
Also while I am on my specialised chosen subject, Bougouni West is 200km square, being sold off, we have a licence on 97km, but the website states we have 350km squared, where is the other 53 square kilometers?
Check Bernard's pockets on his way out.

Agree Terry, but if it is their year's wages you can understand them taking it.
A succession of RNSs to be released this year, anyone's guess which one will catch investor attention the most.

The spread has widened people are not willing to part with their shares it appears.

Misleading isnt it, 80m sold 142m bought but the screen of trades gives the impression of sales.
Some late buyers this year will have made 50% profit selling today. Not a bad return.

Makes sense, as they have 10% of the revenue not the capital. I know that they had to use a Mali company structure specific for this purpose. Probably also to keep liability away from the government too.
Good input.

Givemesunshine, cheers, will look at that closer when I get a moment.

Thinking the same Paris, very tempting.

Givemesunshine, sorry was there a question in that?
Landowners are paid in the UK and if the mineral rights are owned by another they would get royalties.
You can't go digging up a country for free.
In addition a large bond is usually payable in case the company goes into administration so the land can be returned to former use or better. Common practice.

The deposit.
The Chinese tend to think carefully before taking an action.

To send a deposit early may appear thrivelous, to send it on the 9th day may be an assertion of power or appear negative.

What do you reckon, today Wednesday or Thursday?

Or hold it to the last moment to assert authority?

Unless of course the banks can't process it any quicker!

Cheers Clapa, interesting link.

I think you guys picked up all of the salient points from that presentation. Years of raking over our own stages came in useful and a welcome change to focus on something else other than our own share.
I also noticed that the headline lithium tonnage that they continuously quote and show in slides, which is multiples of ours - but totally unproven, is included in a slide with an NPV figure which is a fraction of ours. Something wrong there - Daz?
Yet top dollar lithium prices are used in the same presentation. In fact the presenter quoted 5,000 as that day's price, then continued to users price a thousand dollars per tonne higher in the presentation to give the timeline, debt repaid April May next year using those figures.
Conclusion: more questions than answers from that presentation.
I think I will be sticking with Kodal.
Happy to wait for the deposit RNS in the following days from our mining partners.
As Merc said 39% of 100m is 39m, plus our own 18m and 2m if we sell the other West project, plus Goldfields, 100% of nothing is still nothing.

Wolframite, if other board posters spreading false information here I will continue and go onto their board with links if it goes back to how it was before.
Boards full of fiction are a complete waste of everyone's time.

Anyone who doubts any of the information I have provided in my posts, here is their own presentation:
https://www.proactiveinvestors.co.uk/companies/news/1004034/premier-african-minerals-present-at-the-proactive-one2one-investor-forum-january-12th-2023-1004034.html

Compare that to Kod:

https://www.proactiveinvestors.co.uk/companies/news/1003855/kodal-minerals-has-a-clear-path-and-a-clear-goal-after-funding-deal-1003855.html

A completely different proposition.

Hand in hand?
Kodal has a resource backed up by jorc and a BFS.
Prem, witch hazel diving rods and a finger in the air it appears.
Soon to be proven or not by a test plant which needs to run for between one and two years to repay the debt the plant created.
If it can run at maximum and if lithium remains at 6,000 dollars per tonne it may be repaid in 12 months of operation, otherwise it will be longer. Worst case it shuts down if inefficient.
Nothing hand in hand about them, chalk and cheese.
Prem is a wildcat operation, Kod the traditional method.
Both have risk, but Prem's is off the scale.
It would be incredible if they found 20 times the current resource of Kod in a few hectares, but without a jorc or PFS it is a wild guess, the plant will provide the answer and hopefully keeps going beyond 12 months.

Vibranium, good job you posted it here, others may invest in it.
Marvel ous.
Drill a hole through a rock, stick a welding rod through it and touch it off some ore.
The light bulb is earthing a bulb and battery through the ore.

Elcobble once it is all electric we are to be fitted with catalytic underwear.

I liked the figures today spod is 5k, based on our plant running full bore all year at 6k per tonne our debt should be repaid in 12 months.
Our NPV is based on 2k per tonne.
I would not go near it
One of their more intelligent posters is questioning the figures of what is in the ground, I think he was under the impression that they would have solid figures now, rather than that is the purpose of the little plant they are going to use.
I fail to see how people can read loads of RNS, listen to loads of interviews and not understand where they are.
I think it is this 25m tonnage figure which comes from where?
Also they use hectares as there are 100 of them to a square kilometre.
Definitely a popcorn video, almost has one of those American church preacher feel about it.