Member Info for Laverda

Hello Midas one of the few sensible posters on this site. How many years ago were we invested? We were somewhere around 15p or more when we sold as we had doubts about the management and who was going to benefit with people on the board also involved with the companies they invested in.
All those companies that we were clueless about which were amazing and being bigged up by posters still posting today! Diabetic boot co, Factom and the list goes on.
Now only leap remains. Total U turn in investments now cannabis.
What a shambles, less than 50% of previous values.

No idea pennypot. They are restructuring their admin throughout the government ready for democracy next year, it is supposed to be a tight schedule.
Bottom line is everything is progressing fine and while for our patience it would be more pleasant to move forward to the next stage, the covid situation around the world outside of the UK is being repaired, it does us no financial harm to remain at this stage for a while.
It is only our impatience which is a problem.

Minor tweaks! Not sure if that was predictive type or me.

Firefinch is an example, they lodged their licence in February 2019, but will have been caught out with the first mining rule changes, which were quite major, we lodged January 2020 and only had miner tweaks.
From our RNS date use a calander not a clock. In truth we have no idea, today, next week, next month.

https://m.miningweekly.com/article/labour-woes-spread-from-copper-to-lithium-in-one-of-top-suppliers-2021-08-12
Chile Lithium mine wages to rise.
May bring the triangle into line with other countries.

There could be a JV with another company and some money may change hands. That would place a value on it and drive a market cap. We will have to see.
But good drill results over a large area at the back end of the year would be amazing.

Wand no doubt that the licence is the big news.
However, do not underestimate that gold result.
It established that the initial drill results were consistent. Therefore early drill results appear accurate.
It established that the gold extends over a 4.5km area, with some more running parallel.
This means we are good to go to the next stage.
The next stage will be taking a good drill result area, not the outer fringes as were some of the last results and drill an area with drill holes close together (not spaced like the last result) and see if the gold is even, no gaps and if ok, calculate a value. It should be around a 30% chance for it to be viable. This is pretty major.
The next set of drill results are the ones we should be comparing to other mines, not the outer fringe results.

Crumbles - I am keeping an eye on it for the future, maybe a year or two. Up until now it seems to have a market cap risen on hot air and rumours. Some happy traders though. That old mine is very confusing, it is almost as if they have no faith in it either. Weird.

Crumbles-prem is a strange one, currently I do not see the attraction. Opening up an old mine as close to zero cost as possible and Zulu, a long time from a payday, am I missing something?

Exactly apprentice. Noted the difference between your post and others of late on here.
This final signing may take its time, however holds little of the drama between 2017 and prior to this stage.

Mercadooly, if I were in your shoes I would sell up - just my opinion dyor.

Looks like the UN frightened a few shareholders on Friday.
The UN would like some of the regional fighting to reduce before next year's elections.
Wishful thinking on their part.
The news report is not very clear and if read quickly may give people the impression it is something new.
When democracy next year is what will be new.

Mattslim. Where is the rule that a market cap follows a company's real value? Which AIM company is trading at true NAV value?
Why. ...
We have no idea, we all just liked the name Kodal.

Onlyking - I think there may be a few stooges. Cheers.

Ricky not sure what you are writing? They want money but will not issue the licence? Doesn't make sense at all.

The government will want their percentage of the 1.9m tonnes. 10% is a lot in business terms. What was their tonnage 1.08m tonnes? Excellent.

Of course the government's share thank you.

That one is smaller and I believe their 50% amounts to 455,000 tonnes. I think it is 108million tonnes in total, but for some reason 50% does not add up to 50%. A real 50% of ours wood be 900,000 tonnes.

Gary mbrock- agree they post an absolute load of rubbish. That is why I filtered them.
Gold explorers with nothing have mcaps of 20+million. No derisk started on any concession. Yet two of ours are down the derisking process, one in particular and may have an estimated value at the end of the year. The standard estimate process that all gold concessions follow.
Lithium mine with just a sign off to mine from government is worth a fortune. Next stage miner, no longer just an explorer. And they have expertise on the board with decades of mining experience, including setting up new mines.
And that is only assuming that they work the one site then shut up shop and go home, not that they may explore on other ground for more lithium.
The estimated value of that first gold concession will be interesting. The total area is huge, it will be interesting to see how much of it is viable.

Concession valued at the end of the year..