Member Info for Laverda

Agree Lithboy, it will move the gross lithium figure over 2bn. However, more importantly would show a much larger margin over expenditure per tonne, which reduces risk and gives a much larger margin for error. Effectively the lithium per tonne could be much lower than forecast, yet still achieve the old turnover estimate.
All things that an investor likes to see.

It should fission, however I think we are let down by an unclear website, with figures over 600 dollars less per tonne than today's figures and not updated to their current position.
The general public need to be able to see easily the path they took, where they currently are and what the next step is for each of the 8 concessions and the lithium.
When it falls down to reading loads of RNS releases and asking shareholders it is less than ideal.
I would have thought with Covid, the one thing which could have been outstanding is their website.
I think this is a good company in a good position let down by their site.
Otherwise the share price in my view would always have been higher than it is.
Take any of the projects you know in detail and try and see that detail on the site.

Thought it was the big one!
Very good RNS. Nice and clear.
A lot of ducks lining up nicely.

That happened on Abingdon and it held the share back until the spread reduced around lunch time.
Big spreads kill interest.

This has always been an undervalued share in my opinion.
Not sure why, if it is Bernie being a geologist and not much attention on the experience of the other board members, like Steven with 25 years experience of setting up and operating different types of mines including lithium.
Possibly Bernie's more high profile diamond geology rather than his gold and other experience.
The positive is there is not as far to fall. One reasonable gold concession could more than double our market cap, without the big lithium prize.

Ricky lol, your post vanished. It wasn't an interrogation.

Also our risk is spread. I would not want my money hanging on one gold concession or one licence.
That would be like investing in an oil company who could only drill one well.

Well you are correct in a sense. Going into a new unknown concession, the odds are stacked horrendously against you.
But Bernie has been derisking the fields, Neille will be down around a 30% chance or somewhere near by now.
That is why the upside is so high. Multi baggers.

Koffee, that doesn't make sense.
The flagship is lithium.
They can handle both.
Likely jv for lithium, risk and cost on another company, Steven overseeing operations.
However Bernie is highly experienced in gold. He intends monitising one of the gold Fields.
If the first gold is big, it could mean anything from 60m to 240m cash in the bank and possibly a small ongoing share.
That deal could potentially happen at the back end of this or early next year if the maiden value is good.

Looks like Ricky has gone now!

Ricky-pointless comment. If you do not think it will be granted do not invest. Guessing is pointless. The outcome can only be one of two.
If you think all of the gold concessions will be worthless - simple do not invest.
But then the question has to be asked, why invest in an explorer?
They all go through the same process.

Speel, agree from our patience perspective.
But not from the benefit of the company perspective.
Covid is better here than it was, but not around the World many places are in total lockdown.
Paused at this stage for Lithium costs Kodal virtually nothing, while a pause once in the construction or mining phase is big bucks.
We are lucky in that we have 8 gold concessions which can be progressed even though we are waiting for the lithium licence.
Apart from our impatience, it doesn't matter if the licence lands today or in two months. Financially we are fine.
The wet season will end soon and we have three gold concessions moving ahead at pace, one which will be commercially valued late this year or early next year.
Huge monies are changing hands for gold concessions.
Another has been bought, final payment of 190m. Big money is changing hands for concessions with a high value on them.
Nothing has changed here we are in a great place, not overvalued and huge monies if we get the licence.
Could be outrageous if the first gold concession has a high value.

Still heavy rain showers around Bougouni, so the wet season is still going in Mali.
Same through many African regions, although I did not check each concession. So there is unlikely to be a gold RNS, unless it is one to tell us what the plan is when the rainy season stops.

The spread has just reduced so it should move now.

The spread killed it.

It should fly as it is post pandemic, rather than masks which gain big sales during a pandemic.

Ironic considering their attempts at manipulation. So where did fartjet go? One and the same?

America is making policy for electric vehicles, it is in the news today, so it seems they have settled on lithium battery powered vehicles.
I thought it would be 50/50 with Hydrogen.
In the UK petrol motorcycles are going too, they will be lithium.
I did not expect that, I thought restrictions on CCS and power to CCS.

Bruce, if it was 8 - 10 weeks it could be dangerously close to our gold valuation. A million ounces would be close to the gross value of the lithium. That would get people's heads spinning!

Thanks Bruce - just in case.
I have looked through the news and unless I missed something there is nothing new.
But really apart from the actual licence, how much better could it get?
I never checked the lithium prices, but they are sky high and going up anyhow.