Member Info for Laverda

Elcobble, yes that is even more crazy. Mainly because the assets we hold as an explorer are probably worth more than that.
As soon as the finance is agreed we are a miner (even though we hold a mining licence) and the assets are worth much more, the old NPV was 700m, but adjusted for the two plants it would be much higher.
The NPV is based on your low 2k per tonne figure not 5k plus.
NPV if adjusted in the future would be all of the value, nobody would pay that much for us, as there would be nothing left for them.
But we aren't selling.
I noticed Bernie mentioned he would prefer an offtake or end user finance, by end user is that a car manufacturer or a processor? I thought a manufacturer but I am not certain.
It is mind blowing really looking forward to more information as we go from Bernie.

Elcobble, no you made a slight error it is 350,000 tonnes not 330,000 tonnes using the low NPV lithium value that is 728m dollars (gross turnover) per year.
Using a 5k dollars per tonne value it is 1.75bn dollars per year turnover.
Bernie in the latest interview this week mentioned the highest price he had heard of well over 6k per tonne.
You can see why they needed joint broker assistance the figures are out of hand.
The value Bernie mentioned was 10 times our initial hope at the start of the project.
Insane.

Jonnypc, anyone who is going to comment on Prem, should be on the Prem board, invested or not.
Pointless talking here apart from a quick conversation about other subjects when nothing is happening nobody is interested.
Anyhow it will be a good few years before they can release their production tonnage, 350,000 tonnes per year is the plant design here after the second phase.

Excellent analagy Paris all the best.

I will window shop and see if anyone new is worth purchasing from, not normally make a comment on anything I would not purchase, but if someone comes into my place and continuously pushes for an opinion I will research thoroughly and give my considered opinion, good or bad.
If I think someone has completely misunderstood a situation I will tell them so in my opinion, they are welcome to do the same, but not just make stuff up, it isn't story telling in a pub with artistic licence.
That is like political tactic training at Uni, keep saying a lie enough and the public think no smoke without fire - I hate that stuff.

Stephen11 a pilot plant proving a DFS in a company with no back up project to cover my investment in an AIM company, particularly at a crazy market capitalisation is a risk to far for me, I am not in Prem, I will watch the results of the pilot plant and see if it supports a DFS, finance and mining licence, look at the market capitalisation at that time and make a decision.
I am 100% KOD. Large companies invest finance on the back of a DFS and mining licence, Kodal have both.
I also see Kodak's market capitalisation as under the value of an explorer with a DFS and mining licence, plus Goldfields as a potential safety net.
When we get the finance we are officially a junior miner.
There are loads of lithium pilot plants in the world, some in the UK too. Not for me.

Brilliant RNS.
If you listen to yesterday's interview, I took from it, that it is not certain that the government RNS will definitely be before the finance RNS.
Bernie thought the finance would be complete, but he said on an operation this size and these amounts of money it is complex.
However, taking into consideration the other changes to the drawings, he will have known, even though most of the work was done that the sign off for the alterations would not be complete.
Could it be a finance RNS first?

Best listen to the man himself rather than gossip.

https://audioboom.com/posts/8218852-trader-s-cafe-with-zak-mir-bernard-aylward-ceo-kodal-minerals

Here is Bernie's latest for those who missed the link below

https://audioboom.com/posts/8218852-trader-s-cafe-with-zak-mir-bernard-aylward-ceo-kodal-minerals

'Hidden worry' not really all headline press, known for years and debated to death by everyone on here and countless Bernie interviews.
Mali is the fourth largest gold producing country in the world.
Mining and finance for mining is very well established.
Mali has other mining too, but gold is dominant.
Just because some people are unaware of foreign countries and their industry, does not make the country backward, more relative to those making the comments and being lazy with research.

Lithboy, I read yesterday that the UN has provided funding for female soldiers in Mali to assist security. Train up the locals in addition to the UN presence. MINUSMA is the UN peacekeeping force.

Mr0.8 don't be stupid, Investors know we already have our mining licence.
Bernie covered it off for those who may not understand too.
The preceived delay and the appointment of a joint broker created doubt, all covered off by Bernie too.
Finance is almost certainly attached to an offtake agreement or end user - Bernie - latest interview.
Brokers not appointed for a placing - Bernie interview.
Second plant planned pushing total output to 350,000 tonnes - Bernie interview.
Reason finance not signed up yet because this is a significant lithium output into the market, involving large amounts of money and is complex - Bernie interview.
Rather than Mr 0.8 gasman talking off the top of his head - on good day.

Iky, it is beyond my comprehension to be honest.
When I first looked at this I was hoping for around 100,000 tonnes per year at a hopeful 800 dollars per tonne.
Bernard is aiming for 350,000 tonnes per year and a very likely price per tonne over 5,000 dollars.
We have the other lithium plots too.
Developing the goldfields would be possible on loose change from this operation.
I have never been involved in anything which did not require dilution to grow.
I have only ever followed one oil company, the name I can't remember, which pumped oil to fund exploration, the share price went very high then it was merged into an Asian international oil company.
Selling too soon could be a shareholder stress here after finance is signed up.

Agree Neil, Bernard did a perfect job in that interview.
It needed dumbing down for non industry, non financial experts - all of us - and to cover regional differences of terminology.
Fortunately with a few Aussie mining and American mining TV shows running in the past some of us have picked up a little of the terminology.
Open pit for instance does not exist here it is open cast plus loads of other terminology, tailings the wash plant names almost everything is different.
We now know the plan for finance.
We now know the aim for annual tonnage.
That operation will gross well over 1.7 billion dollars per year, no wonder he needed a bigger broker, serious sums of money.

Brilliant interview clarification on everything. Spot on.
Finance agreement is almost certainly with an end user - fantastic.
The references he has been making to alterations including tailings etc is because the second plant will be close behind, in addition to the alterations they are submitting for the DMS there appears to be more. From the pieces I can pick up future proofing on the overlap of the two plants.
We knew about the first plant 130,000 tonnes output, he started recently talking more about the second plant, it appears to be following more closely behind than the plans in 2021, total output 350,000 tonnes per year when running together.
He must be extremely confident of the finance to start putting anything connected to the second plant in the drawings and start talking about it on air and in the RNS.
350,000 tonnes per year is outrageous.
It is a very happy Christmas now - cheers Bernie

Clapa, I think Daz and I made an error talking to these people, they are just trolls not invested they can't even answer or provide their own CEOs information. The trouble is it takes a while to identify them. Kids or similar by the looks of it. Certainly not investors.

Yes Daz light gear with a relatively short life. I can't see how you can increase the through put, replace more like.
Hopefully it works and proves the resource, gets them their DFS and finance for a full plant.
From what their CEO was saying on the 12th, the other projects are going nowhere so it has to work.
I think I will stick to investing on the back of a DFS and NPV, there is a reason why finance is raised on the back of them.

Kodal have updated this page
https://kodalminerals.com/project/bougouni-lithium-project/

That is good and simple for investors to understand

But not the overview and highlights - sorry Bernie

Also a little confusing over the 97km, 200km, 350km and 800 square kilometer figures - across the site.
Not with us.

Daz, would not wish these problems on them:
https://copperbeltkatangamining.com/lithium-ban-now-in-force/

Glad we are not in Zimbabwe, it will be temporary typical Africa.

Daz, have you seen this
https://twitter.com/premafrimin/status/1605198337883475969?s=46&t=m_o6c_G8fBEtVkvH9h0rYw

Tiny light equipment, in keeping with a short term test plant. I have used conveyors like these in low output yards in the past.

Our shipping and site conveyors were huge compared to this.

Also the hoppers are tiny, our prepacking hopper may have been that small but nothing else was.

I suppose if you don't know...

Jonny if you actually held prem shares we may have a chuckle at your literal expense in the future, but as you will not, it is wasted type.
You are welcome to pass on your success story in October 2023.