Member Info for Laverda

Yes AJ, absolutely. Like you say you would be looking to wash again tailings, but this time to remove spod 5, additionally you would not have included untouched ground containing spod 5 in your feasibility study which would be submitted upon receipt of the licence. So then you would have to apply to mine the other ground too, some of which could be under your tailings and other material. They will use one plant to separate waste, spod 5 and spod 6 in one go. If there is 60% of the original feasibility tonnage in spod 5, that would equal the entire gross turnover in dollars of our spod 6 feasibility study.

Not sure how'use' ended up in there.

Squeezit-I cannot see a rational opposing view coming forward, as everything is based on fact rather than assumptions.
Nobody I have seen so far has taken a guess at lithium on our unexplored land, or a guess at any of the 8 gold concession values.
All of us are waiting for the use one feasibility value.
While excited, I would say this is one of the most rational boards on the site. Save for the odd joke.

Squeezit- bang on summary.
Without spod 5 we are worth multiples of our current market cap. How much data they already hold on spod 5 none of us know, maybe the next RNS may bring us up to speed.
Excitement is driving our posts on here, rather than panic or desperation. How much spod 5 might there be?

It was on issue of the mining licence, so November this year.

Can anyone find the interview where Bernie said he was on business in China?
Was it the vox markets interview?

Crumbles, previous ones have ranged in date, from 3rd November to third week of December, last year was the 23 November, they seem to move a little with what is going on. Any CEO loves releasing such a good news RNS. So I expected it quickly rather than later.
I do think that gold may be included, but the longer it delays makes me wonder if the china business he spoke of could also be included?.
If he is in discussion about a potential deal he cannot release the interim RNS. He could neither include it or miss it out.
Just my thoughts.
Of course it could just be a really big RNS taking time to write and sign off.
It will be a good RNS, no matter what.

Ivenoidea, yes I saw them too, plus the other African countries response, however this seems to be firming it up, released around two hours ago.
I agree with you it will not impact us. One thing they all have in common is keeping industry moving and the money coming in.
Hanging on to each piece of news in Africa is pointless. There is always noise. Look at South Africa, but it has huge industry.

They are delaying the elections next year. It is an impossible timetable that they were trying to work to, it was inevitable.
Of course the press write it in a dramatic way.
The previous minister said the same, this one took over, speeded things up, but is confirming the same.
Seems like some shareholders are hanging on to every word in the press.
Meanwhile we wait for either a gold RNS an update or the interim RNS. I think Bernie would be keen to get the interim RNS out in a timely fashion, it is the big pat on the back, chest out RNS that all CEOs love to deliver, with following interviews. I think something is brewing, he is working on something which impacts the RNS otherwise it would be out now.

I think that I read or heard in an interview that the mining licence was issued late on Friday too.

Crumbles, it landed oneday after the mining licence, it was a set up, I am sure. The date on my driving licence is the 5th November. Thank you for asking.

I have heard of, but not looked at those companies.
As far as lithium goes, in my view it has a relatively safe 15 years.
Any company whose main profit horizon is beyond that I would beware.
To invent, safety test, incorporate into manufacturing a newly invented product will take 10 years or more in motoring. So in my view the lithium battery has a relatively competition free run up till then
The market is so big some of the best minds in the world, with good funding behind them are looking for alternatives.
In my opinion, by luck, Kodal is right in the sweet spot. Not to early for low offers, not to late for too much competition.

Crumbles - agree. Such as this is one of my favoured two shares I hold - come on Bernie!
Someone is bound to say what is the other one?
But that approach - like you lol

The interim RNS is due, although previous years dates have varied quite a lot.
I would not want to be out when that is due.
That is the most likely reason for the rise.
They are lucky though, the earliest one was on the 3rd November. Could have been caught out.

An indication of a good stock is when the trades outnumber the posts.
Check out some of the duds, three trades 9 posts!

Hope, have not had one of those in ages, good shout!

Agree Daz, normally there is a following RNS, not here this time.
Could be he has nothing more to say, could be saved for the interim RNS, could be he is closing a deal.
Risky strategy which paid off this time.

Reedy, watch though, if an RNS lands, such as the interim RNS which contains info which kicks it back up, all of them will post they bought back in at the bottom of the dip! None will miss out. Never fails. Anyone who did gamble on no following RNS and bought back in now, did take a good gamble. But that is what it was a gamble.

In my opinion the company is worth over 150m today. I disagree, it should be over 1p as soon as it is valued in black and white for the lazy and the less confident investor to understand.

Yes Wand, I was confident that the interim RNS would be today, although I have to admit I have not read the scheduling to see how they decide day of issue. But it is due around now. I wonder if he has something else to add and is holding back a day or two. They can't be held back long as it is a scheduled RNS.