Member Info for Laverda

Onlyking, I am expecting an RNS anytime, a small wager would be this Monday.
I am surprised that a few shareholders have pulled their money out before the next RNS, depending upon how much detail is in, I think that may be a mistake.
These are usually a large RNS with a lot of facts and figures.

Wolf-lol, very good.

Put=pjt flaming predictive text. Ironically it is not predictive with the word predictive.

Plus put, Bernie was in China for business. Likely the lithium is going their way. China and Russia work together.

I suppose if people are normally invested in Royal Dutch Shell etc, this may be shocking news to them! To the rest of us it is normal. Welcome to Africa.

Russia and Mali, all across the news. Same as when those people were shot a few months ago it dropped.

Crimew, the figures in fundamentals say different.

Sash, no way is it priced in. Spodumene 5 is too complicated for last minute traders and investors. They will join on the next wave when everything is simpler to follow. That is normal. If we were just taking spod 6 as per the original study it probably would have risen higher as it is simple to understand.

Boffo, that is why the share price did not rocket.
You are correct it is completed. So normally all of the costs would be updated as would the amount paid per tonne.
We would be looking at a business, probably worth as much as 500m, but definitely over 300m.
However, when they completed it spodumene 5 was worthless and was going to be left in the ground and our waste heaps.
Now spod 5 is worth 1,250 per tonne.
So Kodal are going back through their drilling samples and trying to work out how much spod 5 is on the land.
To separate spod 5 and spod 6 takes better equipment, with more cost, so they are spending six months to do their calculations and to let us know if we will be mining spod 5 as well as the original spod 6.

I thought it would hit the penny easily too.
But we are not trading so it doesn't matter anyhow.
Here for the big rise and we paid only a fraction of the current price.
As far as raising funds goes, it would only be a small one. The mine development will be financed differently, they have so many options as lithium is the flavour of the month for now.

Agree Hunter. Could be caught with their pants down if the interim results RNS includes any values or mentions offers of a deal. I am expecting it next week, possibly Monday.

That is the heartache for them, it was agreed when spodumene was low priced, the agreement was signed well before the final deal went through. Fortunately for us, ours timed out, or we would have received a similar value deal.
The shareholders are furious. 18 months ago a deal like that was brilliant.

Last results were issued 18th August, last year's interim results were on the 23rd November, any time now should land an interim results RNS.
I think there will be an update, they are normally a long in depth RNS and include figures. If it mentions a deal or not I would have no idea.
I reckon that RNS is the reason for them being quiet, otherwise there would not be anything to add. Then I think there will be an interview or two.

https://m.miningweekly.com/article/lithium-americas-beats-catl-to-buy-millennial-for-400m-2021-11-18

Interim results are due soon. Will include detail.

Agree 100% two hits. Plus moaning about waiting here and bigging up a company two years plus behind, does not make any sense.

Posts vanishing again.

Must be hectic at Kodal.
Bernie is not shy of interviews or articles after an RNS, he seems to like that part of the job.
We just received the milestone RNS which changes Kodals future forever, moves them into major success.
Yet he has completed very few and very short interviews.
We know they will be moving on the first maiden gold
Concession, but no news from Kodal.
I have the feeling something is brewing.
Looking forward to hearing the next gold rns which will probably include an update.

In case you are wondering it appears that they deleted the post I am responding to.

This is just the place for that, our area of expertise.