Member Info for Laverda

Clapa, keeps coming back full circle to a crap website. If it had been updated and every subject bang up to date, it would be a lot better.
As far as this big deal is concerned I agree with the others, nothing will be said until the contract is completed and fully signed. Until then radio silence.
Torture for us, but the right thing to do.
At least so far there have been no leaks.

Paper, personally I think the upstream deal detail for the company getting into bed with us will be the dictating factor. If for example Suay Chin or a mining company has the offer of a supply central to a company's manufacturing it will filter down to a good deal for us, I think that will be the dictating factor.
I believe the mining licence covers all of the land, so you would expect a payment over NPV to include that in a buyout and a development payment possibly for Kodal as a contractor? But most of us are expecting a JV.

Got to remember that the last accounts don't include the new NPV based assets, the next accounts should include these and the finance deal, a double jump.
Easy to sell out too cheaply on this one.
As said by someone else a buy out takes all of that stress away from the investor.
This is what you are going to get paid and this number of shares in the gold Fields. Happy days.
Clapa clears his mortgage and we all become share experts until investing in a disaster.

Not bothered, cheap finance deal, buyout or JV, all would be way above original prediction by multiple.

..they are starting to go through old spoil heaps before lithium was recognised as useful, this one from the 1920s onwards

https://m.miningweekly.com/article/marula-chases-high-grade-lithium-output-from-blesberg-stockpiles-by-year-end-2022-09-14

I wonder if any of the old UK spoil heaps which have since been landscaped contained lithium?

Clapa, no matter what the deal you can guarantee someone will not like it.
For total mine life the best monitory deal for us would be a low or no interest loan and we keep the lot.
A 50% JV is 50% of the risk and annual income gone, but half a bird in the hand type of scenario.
A total sellout would be a complete surprise but would have to be an amazing offer.
Exciting but stressful.
You cannot get much lower risk in AIM than this an explorer fully derisked, about to move to miner. In AIM risk level terms this is about as good as it gets.

Clapa - lol. No way with the shortage of lithium and the close proximity to another key lithium source.

Torture waiting, I agree.
But it is important that this contract is correct, looking how long it takes for a house to complete in the UK, something as complicated as this you would expect to take longer.
The longer it takes the less likely it looks to be a straightforward cheap loan tie in and the more it looks like a JV or possibly complete lithium buy out.

I initially invested in this company and sold out. I did not agree with the sale of satoshipay amongst other moves. I continued to track the business. I also did not like the involvement of board members who were investors/owners in the companies being invested in. Start ups floated by their owners on the board, it also made you wonder if they knew the previous owners of other companies they invested in.
It is ok putting an asset value in the accounts, it is a different matter selling the asset for that amount or greater after allowing for overheads and growth. So far they have realised peanuts.
FFWD chased unicorns, they appear to have been converted to donkeys.
The winners appear to be the previous owners.
They need one big sale win to gain respect again from investors, nothing on the horizon.
As for the happy clappy posters where Factom and the Diabetic boot company were going to make everyone millionaires, they must be mad or paid to continue posting. Most would hide in embarrassment.

Creaser, good point otherwise it will be a wasted meeting. People trying to extract something from them that was a condition of non disclosure! According to Bernie at his previous presentation.

I think a bit of madness is setting in to all of us while we wait for the pivotal announcement.
Could be today could be next month, it just depends on how complicated the agreement is, how far on they were at the point of presentation and how many times the legal experts require changes to the contract wording.
For all the wait is painful, the most important thing is that the contract is written properly and there are no errors.

Must have left around the same time as me, ffwd it was called then. 15p and I sold out. Seemed to be making illiquid companies liquid but only benefitting the previous owners. When they action something that benefits the shareholders at a level set out in the original aims and objectives, then the tide will turn. So far chicken feed only.
Shame it was full of promise at the start.

Always we are investing in the context of AIM, not the ftse100.
But that is why the upside can be so great.
Antropica, regarding the other land, from the presentation I was under the impression that early exploratory drilling had taken place on that land and initial findings were mirroring our proven land's samples, I seem to remember a conversation when steve was in shot above Bernie and they both made a comment. That was on the unproven ground wasn't it?
If the ground is the same we could either be looking at a 17 year mine lifespan or doubling the annual tonnage to 400,000 tonnes per year. Our current NPV is conservative as it is based on a fraction of the current lithium market price.
I reckon a major miner will easily snatch the offtake as Suay Chin could not match additional mining throw ins to a contract, technical support, labs, expertise and equipment on top of the usual contract. That is why this outcome, which will be good for us no matter which way it goes, is so unpredictable.
Complicated contracts can take time to agree, but they must be well down that road now.

Elcobble, I agree no way would they sell out at 1.5p. possibly that capital value for a 40% JV a 50% JV and the other party are getting a good deal. It also depends who owns the additional ground, all in all there are 800 square kilometres, not just the proven ground tonnage, would the deal include all of the ground? It may have to, due to the licence.

Thought that was the big one for a moment

100% buyout, we would definitely be instantly in the money with that outcome. Trading halt.

Creaser me neither. Unless a journalist has written a piece somewhere.

Chadster annoying if it is. Leaky. Someone with a big family network?

The sharpercarper, conservative pricing?

https://lithium-news.com/chinas-lithium-giants-notch-earnings-records-on-supply-crunch/