Member Info for Laverda

Agree Daz423, with Covid restricting movement, it is more likely that more attention has gone on options once the licence is here. It is unlikely that everyone sat on their hands when they could not do work they planned without turning to other jobs they could bring forward for when the previous jobs can start again.
I also imagine that lithium being flavour of the month is much more attractive in a post covid world as is gold with such a high value. Deals in these areas of mining much feel much more secure at present.
Like you, once it moves I think it will be a quick succession of announcements. That is quick in mining terms, some industries are faster.

The reason we are not dropping dramatically after every positive RNS, like popular shares normally react, in my opinion is because we are underpriced.
Coup and Covid hit us last year, the price dropped and we did not fully recover our SP. Meanwhile gold work continued to the cost of Resolute and us of millions and were developing behind the scenes.
Now we are sat not wondering if we have any chance of a lithium licence but all thinking it is nailed on, advanced gold exploration and taken back a jv percentage which was being factored in as given away.
But the SP is not reflecting our position.
Share price is on sentiment and how the public feel about splashing cash, frugal during covid it seems.
Anyone predicting share price market cap is guessing.
This is a NAV increase moment adds real value to the accounts, not hype.
This is a good position to be in, very happy.
Share price will follow, not so worried about when.

Yorkshire man, you are kidding surely?

If anyone thinks a company worth a few hundred million dollars got there by not borrowing money, warrants etc, then they are pretty dumb.
All the finance etc is on the Kodal site no surprises except Resolute losing their share.

Thank you two hits. So one of those companies mining gold alone has a market cap double what ours is now. I figured they were small enough to be a reasonable comparison.
However Lithium is our flagship.
If the gold sampling continues as it has, then the potential upside here is huge.
Of that there is no doubt.

Lol two hits, I wasn't thinking of you. I saw your disagreement.
Does anyone know any company with just one or two gold concessions on AIM, mining in Mali where we can see their NAV and market cap?
I know it is not an accurate measurement but it would be of interest.

Amazing how he has morphed into this basher very odd behaviour.
Careful Baserite they may be drawing you in to battles as they cannot win by their non stop bashing of this share.
It is going to drift between news events, that is normal.
But I still think it has not recovered to where it should be before the licence RNS.
Gold isnt included it is as if it doesn't exist.
Does any AIM company solely own one or two gold concessions in Mali so we have any idea what one may be worth?
I realize we need final sample results to do proper calculations on ours, but it would be interesting.

Or gold, do not forget the gold!

I think a good many of the both feet in at once brigade are stuck in some of the popular shares which shot through the roof on a wing and a prayer.
Covid related investment late to the party, loads stuck in those, cannot see them going back to dizzy heights again and crazy oil shares amongst others.
Once burnt. But there is a big difference with ones that add up.
This is still cheap for this stage and the largest part of uncertainty already off the table.
Buying shares starting exploratory licences is much riskier.

Not many people are focused on the gold, but it has huge value potential if it continues with positive results.
Some of us are half glass full and some are considered rampers.
However nobody at all has dared even consider that a 6g per tonne sample could continue over any amount of ground in a gold concession.
It is difficult to calculate our JV partners misfortune and our gain, at their financial risk and cost we are still getting positive results, but all of their hard work and money goes to us. That is above the value of their cash input. Tragic for them that they did not fulfill their obligation, great for us as it is over 1m given to us, but if you consider they took the risk and we have the reward, it is worth a lot more than their financial input as we have their share going forward.

Now this one could be a shake.
Who left stop losses on over the weekend assuming no RNS this morning?

Took us all by surprise this morning, but brilliant RNS everything logical and sensible.
Good Lithium update too.

Agree with you guys, I also hope there is a gold RNS first.
It is important that Bernie's gold experience is not forgotten amongst all of the lithium talk.
Some of those samples are both high and shallow. The best combination.
Looking forward to hearing the next RNS.

Or Yorkshire man - some of has filtered a few of the posters who appear to be up to no good.
We can't see their posts, so it could be directed at one of us.

The work free - obviously

Sorry Bas was typing when your post landed, happened twice today.
Who knows maybe reverted back?
The 8 gold concessions are exciting too.
Noelle, Tiebissou and M'bahiako concessions were specifically the ones I wonder about when Resolute did not fulfill the contract requirements and Kodal took 100% ownership back this will reflect on the books.
Fortunately they had completed a lot of the work, just not all of it, so we got that free?

Agree Kam, remember when an agreement to spend was not met we took back one of the most advanced Goldfields, a share price did not move with this news, we raised funds to complete the work and are waiting for an update on this as well as the other Goldfields.

Agree Bas, we have absolutely no valuation on the Goldfields built in to this price, we have numerous Goldfields all giving good samples. We need one of these completing and moving to the next stage too. The next gold RNS should give us an indication of what will be completed this year.
In the lithium excitement we must not forget the rest of the business.

It would catch the traders out if there was an RNS today.
We would not expect one with most of Mali on holiday.
Good time to get in for other investors. Once the news hits it will take off.

Yes Daz423 the usual posts.
Steven Zaninovich has 25 years of experience setting up and operating mines. He is project manager.
He even set up and operated a lithium mine. He has extensive experience of managing in this geographical region.
The ducks are all lined up.