Member Info for Laverda

Pj, agree, the stress will be choosing the best one.
Agree crumbles. For it to rise on the back of new investors an ABC type of communication is what will trigger that.
An investor stampede. Could be before the study could be after.

Price will not have settled there is nothing that supports that theory.

The investment may not come from shareholders, they now have an asset to borrow against. There are so many options, due to the lithium push, best wait and see.
I am hoping a newer lithium deal or two completes or makes news, it will be interesting to see if much larger payments are offered/paid or if they have new clever deals. I hope we are not the first new deal based on higher prices.

The new feasibility is to see if adding spod 5 is feasible and update all costs.
Not done to attract a JV as none is required, no shortage of lithium funding.
However, some parties could be eager to buy in and if the price is right Bernie has ruled nothing out.

Fpvone, the only way they could get this lithium at a low price is buy shares, as soon as they are on the register the price would rocket. There is no leverage to buy cheap lithium too much demand and too many competing companies.

No need to take any offer. Offers belong to the past.
If someone wants to buy in, they have to pay.
People are getting muddled here too. If they read the details of those offers, the same as we previously had, which timed out, the agreement is ages before the final deal. So those agreements were fair when spodumene 5 had little to no value and spod 6 was 600 dollars per tonne.
Those firms were unlucky, they signed an agreement and then immediately lithium rocketed in price.

Agree too. Put simpler, no matter what spodumene 6 is in the bag and is a green light - we know because this was completed earlier.
Spodumene 5 is being added to spodumene 6 and this will be a genuine feasibility study.
With all of the additional costs of adding spodumene 5 to the original tonnage is it worth chasing?
If it is we get a complete new plan with a different washer.
If not we get the original plan updated to current costs and the new amazingly high spodumene 6 prices.
Either way it is a win for us.
Simple.
We are due a gold RNS anytime now. That RNS or a following interview may enlighten people who have not followed the full journey.

Exactly onlyking. It is a case of sitting back and waiting for the big announcement, unlike the mining licence this one is nailed on.

Only king, that is one of the complicated situations that make this a little more difficult for new investors.
On old prices and only spod 6 the old feasibility study it was go ahead mine. So that was already the green light.
We are now looking at bringing in additional spodumene 5 currently worth 1250 per tonne. (Worthless at the time of the original feasibility study) on top of the old spodumene 6, spod 6 is more valuable than spod 5 being higher quality.
The technicality is you must complete the feasibility study and the result is mine or do not, and you must not conclude beforehand.
But we already know it is a go from the lower value original study.
Like I said before, until either it is in black and white or a mining journalist does a major simplified piece on this company, it is difficult for a new investor.

The one in South Africa in 2019 Steve attended, so I would expect someone at this one.

Guido, exactly. So for a new simple big RNS investor, such as a mining licence, this is a difficult one to grasp, even forgetting the gold, which everyone seems to have done.
The feasibility RNS will be simple for them, an RNS linking to a study with values on it. No discussion needed.
Meanwhile unless a journalist does a real in-depth analysis of where this company stands and where they see it going I can't see it moving beforehand to anywhere near the true current value. The accounts are not due so there will be no updated value in the asset column.
An RNS with an update could trigger a run, especially if it indicated increases in tonnage. In addition to 1.7m tonnes of spod 6, we expect a significant amount of spod 5, not sure yet how much but certainly over.....
Something like that would kick it off again.
I am certainly not worried about holding this stock or a drift up or down.

Traders are traders, if that is your game no issue. A trader would not be upset if a share they traded on became a twenty bagger, because trading is their strategy.
A person who researched for years, has a list of companies and then invests at the moment they think best to get the lion share of the gain on a particular share has a completely different strategy.
Needless to say a trader hates people who hold, they like inexperienced people to buy and sell as it assists their profits. Panic buy and panic sell.
Horses for courses.
Until someone puts a value in print nobody will believe it, certainly not from us posting on here.

Guido, you may find the washing interesting. In this country they call them dense medium washers.
Before lithium went up and only chasing high quality spodumene, they would crush the rock put it in to the washer which is like a large tank of water with an addition to the water based on the material to be removed, in this case spod 6, which makes that material float at a level where it can be extracted, a mix of stone and spod 6 floats at a different level and can be crushed and put back through the process, rock sinks and is extracted as waste. Now they are looking at also taking out spod 5 in the process. I am fairly sure this is the washer they will be using, but all work on similar principles.

Guido-all to good to be true really. Which is why it is on buy, but complicated which is why joe public has not jumped in.
Previously you must have an offtake partner for lithium, which is why everyone still talks about jvs.
Steve's mine shut because their offtake partner stopped taking lithium, this was years ago before current demand. Now that mine is starting again due to current demand.
We may go down the JV road again, but this time if the money offer is so good it would be stupid to refuse it.
Not to ensure we have a sale for our material.
Interesting position we are in

PS assisting you with your figures not arguing with you.
I have done a small amount of research on the washers, I understand dense medium washers from a past working life.
I need to look a lot more, but it may be the same rock is crushed but separated into two qualities.
Therefore, if I am correct, the plant and washer will be a considerably higher price, but the additional spod 5 tonnage may be relatively cheap per tonne to extract.
The old tonnage which was revised is now just under 2m tonnes, we may see 3 million plus with spod 5, roll on that final report.

Guido, remember those are the old figures, not the new ones. The old ones were based on high quality spod 6 at 680 per tonne.
Low quality spod 5 which we were going to leave in our waste heaps is now worth 1250 per tonne.
As in the one example 50% JV half the asset value lands in kodals bank account straight away, then 50% of the takings each year it is massive.
They do not need any expertise in running the mine, they have one of the top guys in the world on their board Steve. He has started mines up and ran them including lithium.

Very surprised there is not a small fund raise to cover additional spod 5 work.
Definitely not expecting a big fund raise, but did expect 2 or 3m to cover areas which may have previously been dismissed due to spod 5. I thought drilling would be needed.
If we have one later on the RNS could include an update. Then we may have a placing which sends the share price upwards not down.
Looking forward to hearing the next RNS or interview update.

Crime writer not bizzare. A whole new material is being assessed to see if it is viable to add to the original tonnage.
An unusual situation, not one I have seen before, so not one I can compare.
Any pause in proceedings and the market drops.
If a shareholder has not been following this share closely they would not have a clue where we are or why we are not higher and would be unlikely to invest at the moment.
It needs jack and Jill RNS and news reports.

Anyhow, us longer holders are all up. Of that there is no doubt!

You can going back to the original share purchase price you gave.