Member Info for Laverda

Dan mar, not impossible, rather than dividends in the early stages they are more likely to buy back and remove shares on AIM, giving existing shareholders a larger portion of the company.
Later stage potentially dividends.

Stu, the compounding if the other lithium fields and half of the goldfields are successful would be beyond anyone's ability to predict on here, no dilution all self funded.
An oil company that did similar many years ago compounded to an unbelievable level.
In addition this company would have money left over each year to purchase it's own stock.
Best let each stage pass. An interest free loan would be great.
Steve's removal from the board was an odd one - admin error?
He would likely go if it was a buyout.

Painless would that be 30k per year for 8 years for every million shares? Or did I get a decimal place wrong?

Speel, if it was, providing it was for the right money, only around one eighth of the total lithium fields would be sold.
Clever move by Bernie dividing the plots up. Also moving for a smaller more efficient processing plant keeps it all affordable and keeps everyone in play. Too big and the big players only remain.
Rather than a pilot this is going to produce big money. A small portion of that will then develop the gold and lithium fields. Some of the remaining money will allow Kodal to buy back shares and delete them.

Spread holding it back a little.
The follow on news and videos may push it up a little.

Yes, that ground has been sampled and according to the last presentation is giving the same/similar preliminary results as the 97km in this RNS, but until all of the sampling is completed they can't know for certain.
But look at the value of this 97km, based on lithium prices less than half current market value.

Asilan, I seem to remember washers being transported in pieces along the road.
Off the peg items.
It will be probably just be assembled on site, rather than built or constructed. Very quick.
Removing top soil putting in roads and water infrastructure will probably take longer.

Speel, yes only 97 square kilometres of the total 800 square kilometres is included in these calculations.

If it can be used for the material being recovered and there is a plentiful water supply it is the method of choice, water flow and tanks, less moving parts, bearings and fuel involved in the process so it is favoured in mining generally.
It depends if the materials being sought can be forced to float
Not a good idea for gold for example

Yes as mentioned, dense medium washer, well proven, cheap and ultra reliable to operate, the science is well proven and they have been in operation for decades. An additive forces different materials to float off at different levels. Fair to middling is a saying derived from washing plants. Middling are material which is a mixture of waste and material being sought after, middlings are crushed and re washed.

Onlyking-and not a single mention of an earthworm.

Two months repay of the loan?
Better we go alone with a finance deal
To give away 40-50% of that type of profit would need a big cheque.
So he is talking about 3 of the 10 lithium plots.
Very efficient if they can match those figures.

Not expecting any news. They have already said that the deals are being discussed in secret.
Unlikely it is completed for the AGM, nice if it is, but unlikely.
The Gold investors in Kodal have an even longer wait, could be why the share price dropped. It fell when some of the Fatou drilling hit old mines etc and more drilling was required.
Not all investors are thinking lithium. Some see lithium as a path to no dilution gold Fields.

If anyone seriously thinks that this can be transacted faster than a simple house transaction is completed in the UK then really they should pack in investing.
Of course disruptive texts by folk who invest in another lithium share should be discounted by any serious Kodal investor, we all know who you are.
If this is completed by November that is quick, this is a huge site and the penalties and clauses on any agreement will be complex, legal documents like these are not drawn up and agreed in a few weeks.
Painful as it is, we just have to wait or get out, we have the choice.
Lithium is so valuable the third parties are in the weaker position than in the past and penalties and clauses placed upon them will be a relatively new experience, therefore likely to take longer to assess and agree than the old take it or leave it scenarios.
In addition those third parties have to be more careful with their upstream contracts and make sure they are not more vulnerable than before lithium rose steeply, making upstream contracts more complex too.
We could be in a small chain where two contracts need signing simultaneously.
No doubt we will find out afterwards.
No deal is an extremely unlikely outcome, lithium is too valuable too sought after and multiple entities are interested in Kodal.

Paris I totally disagree, I think you are 10p out. Amateur.

Not sure what the formalities are on these occasions, I don't know if they can sign these off without calling an official meeting or not. If they do, then this would be the time, otherwise they would have to call an extraordinary general meeting quite soon after this meeting.

https://m.miningweekly.com/article/china-may-find-it-hard-to-cool-lithiums-rally-this-time-around-2022-09-23

Epic, it is all regulated, it will give you a week plus of bedtime reading.

Creaser, I don't imagine that they will answer the financing question if the deal/contract is not completed.
The standard way forward is a JV, that would normally involve all costs for lithium paid by the other party plus a cheque. The cheque would mean all other exploration on all sites would most likely be completely self funded without a penny of the lithium income being utilised.
NPV was the calculation for viability of financing of our lithium and even with very conservative lithium sale price it was an outstanding NPV.

One thing Kodal do not appear unlucky with is timing of final year accounts and meetings.
The accounts are one year behind and do not include the updated feasibility figures used in the NPV.
The latest released accounts do not reflect the current NAV.
Contracts are so complicated and penalties stringent that it is likely that the final version will not be completed and signed before the 29th - if it is not, then it will be a replay of the last Q&A session where little can be said.
Then it could end up a bit of a ramble.
I am more bothered that it is done properly rather than rushed for the 29th, but it would be good if it fell right for them, there will be no shutting the two of them up if they can release the details and their future plan.