Member Info for Laverda

Merc, good overview, Bernie take note minus the asteriked word.
Most should get that.
No debt to repay either, production from day one into our bank account.

RonnieH, good observation.

Mr 0.008, who cares?
The finance is in, next interesting point are the offtake agreements of which there may be two.
The biggest foundation stone has been laid. Continue building the company from there.
A spike would be a distraction.

Stephen11, bit late in replying but just picked up the pc again.
As I posted in some of the downtime I see one of the other risks here is selling too soon.
As Bernard paints his picture of the future piece by piece over many interviews and presentations it is difficult to know, if you invested very early and very low, when to get off the bus.
Someone in one of the posts below was pointing out the problem with averaging down as people like to call it.
Second plant and well into production could be a high point, but it also depends on how much extra lithium there is in this ground, I have a feeling we are only seeing the tip of the iceberg and Bernards movements appear to support this.
Also much much earlier than anticipated, we can fully derisk a Goldfield without debt or dilution, gold experts tell me what a Goldfield sale averages? A sale would be an immediate increase in asset value per share with only 14 point whatever percent owned by the mining company, with potentially more Goldfields to follow.
If we cash in we look for another share and start again, but this may have legs for ten years or more.
Once the second plant is running I am convinced income will be used to purchase shares each year and disposing of them, obviously that increases share price on top of income and on top of any successful disposals of Goldfields.

I am working on 100m pre tax per year on the DMS plant for our share. That is a lot of cash. Two years, we would have retained profit and the capital for our share of the flotation plant.
Then as Daz says up we go again once the second plan is in place.
All built on solid foundations, a PFS, turned into a BFS/DFS because it is bankable, it has raised finance, no debt, no share dilution, millions in the bank to further the existing resource on the existing mining licenced land and millions in the parent company to further derisk Goldfields.
Plus I noticed that the money sunk into the lithium field is to be repaid to the parent company Kodal Minerals.
An excellent business deal.

Elcobble, I wonder if they got wind of the rule changes, no sitting on unworked resources, and sold out to the government's company?
I expected it to be to another subsidiary.

Cheers Okawashy. Our research and faith looks like it will be rewarded handsomely over the following years.
Once the cash is in we have zero risk in lithium, we can only lose what we never had and cash in hand to develop goldfields debt and dilution free.
What a happy space to be in.

Glad you stayed crumbles. So much more on the horizon over the following 18 months.
Over 100m dollars pre tax per year once that plant fires up, and that is our percentage, no loans to repay before we earn, we earn from day one.
But I think we may have a goldfield before it fires up, not sure on the timeline.

Antropica... and still cheap.
For good reason we are all lithium obsessed but I am fairly sure one of the gold fields is very close to maiden. Which then starts to give an indication of value. Not sure how much more work after that for a sale. Once the cash hits our account the work will be fully mobilised, I would think that will be the cash in the next 10 days. We could have a value this year.

Mr0.8 the fourth largest gold producing country in the World?
Look at the list of international mining companies and the time they have been there. Complete Muppet.

Only king, the market cap will not change unless the share price alters.
We hold shares in Kodal Minerals only.
Kodal minerals owns a few companies, the ownership of one of those companies will be divided between us, our miner company investing and the government, at the same time 100m dollars gets paid into that companies accounts.
We then own 39% of 100m in theory.
Our mining company buys just under 15% of Kodal Minerals but pays us 0.5p per share which goes into Kodal Minerals bank to fund the parent company overheads and gold drilling.
We gain cash and own less of the asset, derisking our exposure.

First payment due within 10 days.

Epic, still top now 3.00pm . Check the share risers.

Top of the Pops.
So much more news to come.

Riddoils, the finance has been agreed with no offtake included.
We are due two offtake RNSs, the Suay Chin one and one on the open market. As we do not know what the principles for Suay Chin are, we don't know what that will bring, normally finance, but maybe some upfront payments?
The other is loose in today's market so will be interesting.
Neither are price constrained.
That could be one or two interesting RNSs.

What a share choice what a CEO, I had confidence in him from the start, conservative, hard working and project focussed, top job.
However I think the money is all ahead of us, he is a geologist and very bullish about further lithium on the existing site.
If he finds 51% or more additional lithium, I have a feeling there will be a lot more, then have derisked and at the same time effectively lost nothing.
If anyone doubted the quality of our board, Steve is running the mining show, even though the investor is a large mining company.
Goldfields are now just free bonuses - no share dilution - fantastic.

Cherch, he misunderstood your post. (Clapa)
I tried explaining to the original poster but they could not get the difference between the subsidiary company and Kodal minerals.
I agree it is a good deal.
I think most of the lithium is in the ground and not in our BFS/DFS too. If less 51% is in our BFS then we are on cloud nine.
Hope they just post on sites and do not really invest money!

All goldfields fully funded to be derisked with only 15% dilution in shares, but a cheque larger than their value.
One of them already near maiden.

Ronnie, that shares guru is it Liam? Sold out a big chunk with all of his charts spiel, maybe he should dump it for tarot cards?
Who is this McNulty?

Atag - there is the tiny matter of their payment.