Member Info for Laverda

It was always a min six month wait from early November 2021. Traders trying to build up on nonsense for an interim RNS, then rubbishing it when it lands. Fools falling for the hype selling out. May/ June is what we were always waiting for. With an eye on the share in case there was a leak from somewhere.
Shame about the old workings messing up the drilling, it happens, lets see what the next results are. However the market cap does not even cover the old lithium figures so no worries.

On ggp you explain to others about what you have learnt 'in all of your years in trading'. Stand by your own research etc?
You want our opinion?

Remember, it is due six months from November. However, Bernie hopes to get some data earlier than he originally thought, around now. That does not mean he will automatically release this to us.
We are in a good place, just waiting to hear how much additional tonnage, gross profit and net profit, above the original feasibility study Kodal is predicting.
Stay chilled and wait for the full facts.
Our neighbours released figures in a different format to ours, so be careful to match like for like. Spod 6 with Spod 6.

Agree comeonbernie, any info outstanding then it may not jump much. Those that followed this through every step have a good understanding, for everyone else it is too good to be true.
The risk is that a journalist writes a huge article about it and spells everything out in jack and jill style for the dumbest in investor, then we could get a stampede.
Assuming that doesn't happen, the final report will do the same job. Less than 2 years later their bank account will start overflowing with cash that nobody can ignore.

Agree, best we all work to the 6 months and information beforehand is a bonus. Information beforehand could equally be a curse for non traders, it could move halfway to the 6 month figure and everyone will be in a dilemma of whether to sell or not. I quite like it staying down, I topped up a bit and may do some more if it doesn't rise too much. If it stays down it makes for an easy decision. Once the figures are all in it will be a different story.

Lowbands, crumbles and co, thank you for asking about me, I am still about (and invested) everything just went mad before Christmas and it is the same now and into next week. Keeping a quick eye on stuff but have not seen any new news worth linking.
Cheers to you all and hope it is a fantastic 2022 for you all.

There are already thousands of foreign troops there including 500 British, 1000 of the French troops were replaced by Chad troops, up until now the other couple of thousand were not replaced. I am not so sure international countries will do much, even though they all say something. In a way it shows international solidarity against this type of terrorism.

Generally we tend to use the concentrate tonnage rather than the ore tonnage. 1.92m tonnes was our life of mine in the old study, which does not include the higher recovery rate on existing ground or the additional prospective ground Kodal is working on.
Bernie appeared to knock spod 5 on the head in the presentation, keeping with high quality produce, but we again will have to wait and see.
I could not get to the presentation to ask questions.

Dr an interesting fact you happened upon there, Bernie indicated that, per tonne they may - not guaranteed - reduce operating costs per tonne, our neighbours come in at a staggering low figure of around 280 dollars per tonne, we were budgeted, off the top of my head, correct me if I am wrong, over 450 per tonne.
This study may be even more interesting.

Dr that has 37m tonnes of Li20, Kodal has 41m tonnes in the old study but as per Bernie they are revising the figures upward, both increasing the recovery on the original ground and they have been working through covid extending the existing play. We have to wait until Jan.

Dr, they are very old figures, spod 6 listed at just 770 dollars per tonne, they must have an updated version?

Ps Kidoo and you would still have gold shares.

Kidoo, they get a purchase price and they list the share price too, so on the lower link price you would be offered 2.5p, on the higher linked price 5p.
I am not saying that is what it will be, but using the sale examples linked below.

825m is more like it.
Bernie will have to sell if the offer is high.
These companies need the lithium to multiply up in their contracts and product sales, they must secure a source.
It is pointless working the site for over 8 years for a few extra hundred million if you can get a cheque in the bank next year.
Like I keep saying our stress is when to sell. Not just before a 400 to 800m cheque unless the share price is higher than that.

Vatian, excellent find the first deal at the current price, cheers.

Agree regarding current share price unimportant.
An oil company with a name which escapes me before my time used to pump enough oil to fund exploration without dilution, the shares reached a huge price and the company eventually became part of one of the largest oil companies, an Asian company I think.
Once the reports and finance package come in this will never be as low again. Usual AIM risks aside, my concern is when to cash in, too early and it could be a life long regret.
Normally explorers dilute or give a large chunk away, not in this lithium market with very little extra coming online before 2026 to 2030.
Imagine a gold concession on top self funded. The figures could be outrageous from where we started.

Pre-sales?

Good to see some Scrooges buying Christmas week.
Do well to sell anything which is not Santa related this week.

Some bicycles with over 110 mile range, without carrying a second battery.

That is the type of curved ball that none of us were expecting, but could happen. Big companies need to secure their sources as they too will be signing binding contracts. Once we are offered a certain figure, once in the bank that is risk free.