Member Info for Laverda

Cheers

Is pennypot here to have a quick look at the government website?

Sash, do not blame you, but when it does land....it could be very fast.

No, I personally think that a few shareholders left to make a quick few pounds on a few share movements such as Asiamet, Helium, poss RMS and others then dropped back in with their gains.
Could be a bit of hopping in and out while we wait.
Not many would want to miss this one.

Sinohydro has left engineering and is in the lithium market?
Has our shareholders Suay Chin, left the lithium market and gone into construction?
Why do we not believe your posts?

Traders dream. 100s of mugs all in one place.

Chris, I would say that was incorrect as I am fairly certain there are rules attached to the issue of a licence. But we will see.

Crumbles- therefore you trade.
Not all of us trade - for one person to gain when trading another has to lose.
I would not recommend anybody to do anything, let them decide relative to their own personal situation.

Daz423 - apart from his career history, I do not know links with big companies either, what I meant was if it is like our industry, a village, it is likely his ex colleagues and friends are scattered throughout other companies. Information from a past employee or a contact within are always useful. You can quickly find out who on the acquisition trail has the cash, is serious and has capacity to fill.

Daz423, we have Steven Zaninovich for Lithium he is hugely experienced at setting up and operating mines. However also gold mines too. Steven has been involved in many, Teranga gold corporation is one.

Lithboy, I never factored in any further rise, I would have been happy at 200 below the current spod price.
Yes, that could get silly if their prediction is correct.
We are already over 2 billion dollars over the 8 year period. Mad.

Daz423, I understand what you mean, yes I would agree with that.
When there is such huge demand for both Lithium and Gold it will be very easy to find a partner, but preferably the right partner for us.
Bernie worked for the big boys so will have a good understanding of how they work and any techniques they had for getting a better deal. A big advantage over many other explorer companies. He may even have contacts in these companies. It may be like my work, we call it a village as we often know people from one end of the country to the other. Theirs will be in the mining areas.

Daz423, that is the issue with all AIM companies.
However, one fortunate aspect of this game is you never need be a 'doer' if you are a good explorer.
You can take the easy option of a JV with another company providing all the capital and all of the risk and cream a percentage, then remain focused on your next exploration.
If the JV gets into trouble, like the very unfortunate Resolute, which was terrible for them and their shareholders, you take over and are instantly wealthier.

I never read about a 600% rise, did you mean dollars? It has already risen that much.

No lithboy,no reason to complain. Apart from the speed, if speed is the right word, of the government.

Lithboy, all of the calculations are 600+ dollars under the current lithium price.
They are way undervalued.
So there is no problem if it fell, we have not built it into the model.
That is why a few of us on numerous times have said that the estimates on the website should be updated.
Potential shareholders taking a quick gander will not understand the real potential. Those old figures are outstanding, but the additional lithium price will all fall on the bottom line, net profit.

To be honest, I would rather turn my attention to the gold while we wait for the government.
The drilling is due to start again when the rains stop and the first concession value could be released in under 26 weeks, as long as the labs get us in, as they are busier than ever.
I cannot understand Bernie's communications of time, as he doesn't give us context, not long, following weeks etc, difficult for us as we do not explore or mine.
The other saying he has is 'he gets excited'. I know he worked for De Beers and other large organisations. When he says 'excited' I do not know if he means in the context of a junior AIM explorer or in any part of his previous work.
If he means excited in the context of any of his past work, then maybe our eyes are on the wrong prize?
What someone at De Beers would get excited about and what we would get excited about are two different things.

Cheers guys regarding the gold.
I invested for lithium and have not previously invested in gold mines.
However, the gold is becoming more interesting as time goes on
We may get an RNS about the drilling soon as it should start again in the following weeks, September?

Ivenoidea, how much is 350,000 ounces worth?
About half a billion?

https://m.miningweekly.com/article/resolute-sells-bibiani-to-canadian-miner-2021-08-19
This article covers Resolute issues. The government in Ghana did not renew a licence and gave no reason.
They have had to sell this mine in the article for 90m to get them out of a mess.
They are still 75m down, but not as bad as 165m.