Member Info for Laverda

AJ, I have absolutely no idea what the final figure will be. It is exciting. Anything from 450m to over 1bn. Just depends how much more material there is to add to the total. I reckon Firefinch also added spod 6 which previously was too expensive to mine as well as spod 5.
Great to be completely in the dark as to how much additional money is to add to the total asset value, rather than just wondering if we will hit the projected target.
Going to be a good January unless Macron speaks to Goita the way he speaks about the UK on TV.

Christmas is in January for us guys.
Hummingbird site have decided they need security! I will have a Berretta when I visit my wife's family, these places are never 100% safe, you need training before you go to any of these places and brush up on firearms, in the outback or bush that is.

Sinohydro even.

Sinohdro most likely - Chinese contractor.

Wookie, or they are going to be very disappointed if they thought they invested £10k and only invested £100. Their multi bagger will get them a week in Blackpool.

What is your non conservative estimate?
A couple of decimal points make all the difference.

Macron meeting Goita, share back up. Ridiculous.

Mister P, thinking about it last night, we have no idea what value the updated asset will be, however if it is upward of 800m, it is a huge amount of company value in one basket. Bernie may do a JV to reduce Kodal's exposure to lithium, especially if he races on with the Goldfields and is confident in their value too.
January will be interesting.

PS, remember the UN and a few hundred of our best are already there. Just France would like to see as a minimum the troops they are reducing, replaced by an international force.

As far as I am aware Wagner are not there yet. The government has to pay for them. France wants the UN to replace their troops in a different role. Really the UN numbers should be up temporarily until the election is finished, then reduce over an agreed period.
Ironically the Wagner group appears acceptable internationally, although rumours follow them.
The Wagner group are not accepted by other African nations, probably because they feel Wagner may move the problem over the border into their country.
Wagner's reputation goes before them, lifestyle terrorists are going to move out. They won't risk their lives.
We are focusing on this one terrorist activity, but the fall out from Syria is everywhere not just Mali. Certain small communities attract and hide these types whether they want to or not, many hate them but are powerless to resist.
Look up terrorist organisations on Wikipedia then which countries they are in, look for the union jack, most people have zero awareness of how these organisations operate or where they are located. Then when they appear on the news it is a revelation.

Bridge- firstly how big is the asset we are financing?
Second how are they financing it.
Offtake with loan facility I am hoping.

https://m.miningweekly.com/article/kodal-completes-initial-fatou-drilling-despite-encountering-artisanal-workings-2021-12-14

https://www.proactiveinvestors.co.uk/companies/news/969128/kodal-minerals-undertakes-review-of-2020-feasibility-study-on-bougouni-lithium-project-969128.html
Same repeated.

AJ found the shed
https://m.youtube.com/watch?v=9Z_5KiBpmV0
That guy is a top professional. Him and Bernie do not look so professional with zoom calls for new investors, not an issue outside of Covid, they would be normally suited and booted with plush backdrops. They look like Wolf of Wall Street investments. As does everyone working from home.

AJ broker ratings I am not sure how they work, probably a limited number of reputable brokers used. I tend to look at the mining share experts as this is very niche.

In addition Phil, I also think, but Bernie would have to clarify if I am right, they also would leave spodumene 6 which would cost over a certain figure to extract, on the old figures, maybe around 550 dollars upwards per tonne, of course now if it cost 800 dollars per tonne for spod 6 that would be worth adding to the total too.
So I would expect the cost per tonne for extraction to increase and therefore not give so simple maths to calculate net profit.
However the bottom line, literally to that is more profit again. The study is going to be really interesting and really complicated.

Phil, mine was on turnover, or gross profit top line. I agree with you, but I am not going there, the figures are crazy.

AJ we are already on buy with a few brokers, plus some of the mining guys have said watch this one for over a year. With lockdown though, instead of being in their skyscraper offices with the financial centre backdrops around the World, they have been at home in casuals, one of which looked like he had been banished by his wife to the lean to! It doesn't quite carry the weight of Hong Kong, Sydney or Singapore financial centres. Just a bloke in a shed to the less informed Investor, not the World's top mining investment specialists. Covid went our way for lithium prices, it went against us for the usual media exposure.

Kidoo, we have been here ages, read everything but even we have had to be helped by other board members.
We are so steeped in this we understand Bernie's RNS.
But if you step back, unless investors have previously invested in mining none of it is simple and even the 300% rise in material cost instantly meant something to us but for Joe bloggs investor having a quick gander at RNS releases looking for a new investment? Not so obvious. Until a few journalists pick up on this story and put the numbers jack and Jill style it will be the mining investors and lithium investors only.

AJ, I saw it, but original turnover up 300%, will do me. If spod 5 is added it will be a bonus on top of a mega bonus.
Until a few share journalists spell this out in simple terms average Investors will not believe this, this really is a case of right place right time. None of us could foresee this. Not before the mine opens.
Anyone who does not know this share and reads our posts will think we are sniffing glue or something.
The plant costs for two materials will be much higher, but who cares about millions when billions are added to the top line.