Member Info for Laverda

Long-stampede if that happened. But the share price in my opinion is very low which takes away some of the risk.

This may take a while, each time the share price clicks up it looks like trapped traders from the last rise sell out. Still notching up.
When news hits they will be trying to get back in, but that is the way it goes.

207m single buy yesterday?

Agree eyeguy, each time it moves up it looks to be triggering sells, profit taken and panicking types rushing to get out before another fright!

Synx- well you are definitely in the lower multiple ball park range that the share press quote for explorers turned miners. I recently heard that multiple on a podcast. Explaining the potential profits if an explorer turns miner. They do not normally have gold lurking around too.
What happens if it is nearer the upper end of the multiple?
I suppose we can think about that once the licence is in their hands.

Baserite-it is after 11am when they generally get out of bed.

Traders I understand the obsession with the daily share price.
For the people holding for the big multiple it is a difficult company to value, lithium production will add a massive value, but if half the gold targets were successful too? Hard to value. Many of us might undersell.

Looks like a Riverfort sell may be logged from the 19th in yesterday's figures. Those that have been watching, do you reckon that was the last of the batch? Amazing it can rise against those sales.

Incorrect on everything.
Last year licence was applied for.
MOU all intact except Kodal have freedom to look for a better deal if they wish.
Just Covid travel restrictions holding back site visit before approval.
Real pain. Hopefully they resolve it soon and that part can move on.
All written in RNS and March 2021 updated operations update.

Loads of blue big buys. Dripping in.

Eyeguy, me too all blue. Strange.

Probably not the right company for the next phase, maybe not their speciality.
Riverfort seem to be heavily involved in early set up high return high risk loans with fast turnaround.
Moving into a different phase here.

Yes that is the correct way round, not what the other person posted.
No drama.

Simply the new funding covers more and includes the previous funding which is obsolete.
Nothing more complicated than that.

Kodal has funding in place, replaces need for previous funding.

Yes-that is ironic given their emphasis on minorities.
However, my answer was simply in reply to DW leaving, there are more explorer friendly environments than America today.
88e should have no issue if they are successful. If I thought different I wouldn't be on here. Not an activist!

10:48 Further to my message before, I specified exploration. 88e is moving (hopefully) towards production.
To further clarify I did not say oil was dead.
However oil exploration in America in my view is now as good as dead. It will be a case for the foreseeable of work with what you have.

Spinefx 10:26. While there is still debate surrounding assumptions in the agreement. The Paris Agreement is the issue. The likes of Exxon with the potential of writing off large percentages of their assets. There is a lot of reading covering this subject. Of course it is not through the house. But uncertainty is a killer of industry too.

21:23 re Dave assuming he has no personal issues.
Dave has always said he is an explorer, very clear about that, to use his term it is his wheelhouse.
Biden has destroyed exploration in America. DW would not and could not make a sensitive political statement for leaving. I think he will appear again in exploration in a position which has legs, either another CEO in a pro-oil environment, or something connected to his previous roles as there are some eye watering salaries.
That is my opinion.
I reckon a lot of talent will move from America to other countries, including Russia.

From=Brom