Member Info for Laverda

Two hits, your maths is out, you would be listed as a shareholder under aim rules.

Guido, if you pretend spod 5 still had no value and the spod 6 listed in the original feasibility was only worth 680.
Now we would probably be looking at a JV payment of 80-100m, keeping half of the remaining revenue after the government split and funding half of the development costs.
So if we did require any debt it would be small, and 50% or so of the revenue would be ours. So your 117m is not an issue.
However lithium has exploded in demand and value, those figures belong to history.
We just have to sit back and wait.
Unlikely new investors will be attracted at the moment unless they are bright and can work it out for themselves.
However, one RNS, one journalist or brokers moving this to a buy and that can all change.
Sell before 7 months and you could sell well short of value.

Guessing which way the share is going to go for short term gain, is a lottery. Not everyone has that strategy.
Best of luck.

Rob in truth I did too. But the only frustration some should have is, if they bought late before the licence, that they took a licence risk and were not given an appropriate reward. People such as me are already up, but not as much as we would like.
As far as I feel now I see it like sitting on treasure, initially we thought (two years ago) that the total value might be 300m, then we discovered that the price of it has more than doubled, which may raise that value to 450m or more, then we discover we have more (spod 5) but on our 97km square patch we do not know how much. Bernie currently does not know either, they are busy testing samples and adding it up to add to the total.
Not a bad place to be a whole team working hard to find out how much more you are worth, all of us knowing it is above the original estimate.
I can live with 6 months of that.
If he raises any money, it will only be to fund the 6 month period and cost of totalling spod 5, they may double test some spod 5 areas to confirm the original figures. As they did on our gold concession.
As far as any dilution after the 6 months and results go, the odds are on for a cheque not dilution. But we will see.
One update RNS or interview during the 6 months with any spod 5 information, could send this off. I mean small info too, like spod 5 and 6 is separate on the land, anything of that nature.

Rob, too many options now, before it would maybe have been one of three, now lithium is in massive demand.
Plus Bernie is calculating spod 5, this was not in the old totals at all - all additional tonnage.
You don't finalize a deal which may involve a percentage until you know the amount you are selling.
Personally I would prefer a deal where we get a low number of millions purely for first refusal of offtake.
Then we would have no borrowing to build the plant, no dilution and full spod price - I can dream!

Just checked the post and guess what, my licence has arrived. Threw me as it no longer has Swansea on the envelope.
Seems governments work at a similar speed no matter where they are. A day apart would you believe it.
No longer get a green part. A whole load of numbers and your responsibility to ensure you are allowed to drive those vehicles. Older people don't have a hope.
A day apart, you couldn't make it up.

Daz is probably partying and wondering what our investments may be worth in 7 months time. This is big. It is going to take them 6 months to update all of the figures upward. Mainly due to additional tonnage. Spod 5 to be added to the mix. As long as our hearts hold out.

The value in the company is there. Of that there is no doubt.
The market cap is very low.
I am happy invested this way round rather than the opposite.
The market cap will follow.

Splatted - that is how I see it for me if it stays this low. Before I bought cheap on exploration. Now I see this as cheap on a confirmed licence.

Agree AJ. We all know that the asset value is much higher than the market capitalisation so we have little fear over the following 6 months.
Spodumeme 5 in my view has muddied the waters as this is going to be added to our tonnage. We have not got any idea what tonnage of this material is on the land. 200,000 tonnes or a million tonnes, we are clueless.
A good trade journalist who understands mining would be useful.
At any time in the following 6 months this could take a leap on one news article or one RNS.
Good place to be, but confusing, the impatient could miss out

We do not need to mine the gold, just sell it and retain a small royalty.

Mind I do understand people's dismay. Currently on the old, way to cheap, valuation we are worth around 300m as a true asset value. Here we are not even sat at a quarter of that value. If this was any other type of company another company would be buying up the shares while they are cheap for a takeover.
Still I would rather be waiting for Bernie to recalculate everything again because the value is going to be much higher, than waiting for them to calculate a lower figure.
The other thing that may happen here could be we get that maiden gold value at the same time we get the updated lithium value. Not that you guys can't handle a little pressure.

https://m.miningweekly.com/article/kodal-granted-mining-licence-for-flagship-bougouni-project-2021-11-08

Savs- my apologies I stand corrected. The feasibility study will be released in 6 months time.
I thought the values would be before that. I assume it is because of spodumeme 5 now having value, where it had none before.

Ps fartjet will be lurking somewhere! Mind still cheap to get into today. Been some very lucky latecomers.

Lowlands all of us who were in before are well up on our stake. Because the study is being revalued where can the price rocket to? The old asset price of 300m, so maybe market cap could rise to 150 to 200m, then what sell?
We have no idea what the new asset value could be. We just know it will be higher. Once that is in, then the market cap / share price can adjust.
But our stresses are gone. They could sell for a few hundred million now.

Lowbands, probably be an interview in the next couple of days which will clear things up.
The feasibility study will update tonnage and figures in black and White. There is no doubt they will be much higher especially on the bottom line.
However as someone else posted, as far as exploration goes it is now fully derisked.
Kodal will soon be officially a junior miner.
What a great place to be invested.

PS, I see why someone would think that due to the wording. The entire process will take six months. Bad wording in the RNS. So easy to do. I used to have to make company announcements, they are so difficult to write.

I don't think the feasibility is going to take 6 months, I think that will be soon, depending upon meetings maybe within two weeks.
The next stage design of the plant, logistics etc, I think is the 6 months part. That starts when the feasibility study is finished.

A post of mine has vanished.
Bernie confirms they have some ongoing work in China. The 21 million tonnes he expects to be greater but will not say how much. Open pit mine going to be standard proven systems nothing new or experimental.
All looking good.