Member Info for Laverda

Once the minister has signed that should be notified to shareholders, which triggers the fee. If they have been asked for further information they should notify us. Personally I think it is normal government speed. We were just delayed due to the major political upheaval. Torture waiting, but that is every share I ever held.

It is a big decision allowing foreign companies to dig for natural resources - especially after a coup. It is a fine line they are walking, bringing in employment and foreign currency while selling the family silver.
That said this is a fairly small operation and could provide a blueprint going forward. Patience needed, we are still in a good place.

They may just bridge the space between DW and the next phase with a temporary solution, either from within or a CEO which offers this service. Then see where the following months take 88.

Ophir energy - they have been absorbed into one of the largest Asian indepedents. Took some remembering it was a long time ago.

Rfarfa not Dana, sorry killing me trying to remember. It does create a higher share price. The company I was thinking of had a similar share price, not sure about a dividend. It will come back to me. But interesting to hear what DW said in 2017 if you listen to the end of the investor presentation. It is 88e site.

Should say Biden

I found it Dazzle it was a Feb 2017 presentation with Paul, bless him, Dave said production was not his 'wheelhouse' must be an Ozzy saying. Neither Paul nor I would be part of that even if it was under the 88e banner.

If DW has not got health/personal issues or the offer of exploration away from Boden it may be an indication of where the company intentions lie.
Of course maybe not too.
It was at the investor presentation very near the end

I agree Dazzle, if we were successful over the following months there is always the danger that we buy in to new exploration, replacing some of the immediate success with longer term returns. If they focus only on what they currently have, success should correlate directly with a higher share price. Like you say especially if they bought back some shares. One oil exploration company I remember looking at, but cannot remember the name, ran small time production to self fund exploration and the share price was very high. Their name escapes me. Interesting times . The only past move I did not agree with was drilling the second well vertically - it was cheaper and less drilling risk but the output correlation to a horizontal well in Alaska is theory only. Had it been horizontal the investors could see directly how near it was to a successful flow. I think that created higher dilution. But that is in the past. 88e is not in a bad place.

Sorry if someone has already said this, there are so many posts on here
I remember DW saying at an early presentation that exploring was his bag and not going to production.
If 88e was going to move to production it would not be with him at the helm.
I wonder.

That has long since been included in the accounts, the downward adjustment for Factom will be in this year accounts the market cap difference to asset value is large without an allowance for Factom. 100% gains over 5 years is just 20% simple growth. If Factom is written off you have in the region of 11m market cap difference to NAV before they revalue existing assets. If Factor is not written off it is still millions over NAV. They do need some massive wins to make it a successful return for shareholders. Some very boring OEICS have returned over 60% since 2016 even after Covid falls. We will see. You deserve to make multiples with your loyalty to this share that is for certain. Granted maybe if Nuuvera had not gone the way it did, maybe the results would be significant, that was a good return in 14 months. Best of luck to you all - I will keep watching, may even invest again if I see light at the end of the tunnel.

Which disposals have made money, how much and how long were they held?
Like you say you are holding out for the future, but the same posters were doing that years ago when the shares were 50% higher than they are now.
Like I said I respect your loyalty and dedication to this share, I hope it works out.
When I sold years ago you said I was about to lose out big time and the shares are still lower than then.

Cheers Barwickman I will look.

Tell me has Ffwd sold anything at a profit to date?

They had not last time I looked.

Each time they invest in something it is going to be the one on this board, then they sell it and lo and behold it was crap all of a sudden (on here) and they did the right thing.

I would just like to see them sell something for a whopping profit, preferably two and then I would have more faith.

Any fool can buy illiquid assets and say that they are worth more than they paid, only when the cash is in the bank have they succeeded.

This share has gone nowhere in years, normally shares drop in value due to dilution as the company asset becomes more valuable, this has gone nowhere in years.

The only thing that impresses me here (so far) is the blind faith of some of the posters who have been here day in and day out for years.

I hope it works out for you - honestly.

Not sure what you are looking at. Simply waiting for a mining licence delayed by an upheavel in government. Meanwhile gold samples news is excellent, but they are samples. No bad news just a delay. Bad news is here only when it arrives in an RNS. AIM is tough enough without inventing conspiracies! If you do own shares chill at this stage this is about as good as it gets.

Good point re debt at a lower rate. All good points. My focus was on Lithium. Big bonus gold at this time. Provides a small safety net for Lithium mining licence. Exciting moment for this company.

Yes piface usually they rave about 2g metres below the ground not so near the surface. Let us hope it is consistent over an extended area, low cost retrieval over a decent band. Like you say this may be an indicator of a deeper source. 6g on the surface may mean self funding with minimal outlay? Less dilution?

If that sample is correct, it is 3x what a mining company would consider a good sample. Big bonus.
Where is this licence?

I don't think there is anything sinister. DW has been an explorer for a long time. Exploration in America is finished for the following 4 years. 88e is now likely, assuming success in the current drilling, to move to production. If you take the flip side of this they will not be diluting with more exploration acreage, they will be working what they have. Success at the current well is needed. I am like Rossi, invested elsewhere should have made money and been back in but a military coup held up the mining license. The joys of aim. 88e is not dead yet.

I agree- Boden, short term looking okay, long term for exploring not good.
Hopefully this field will be in production and the new CEO leans towards this area and that is the reason for change.

Some people are going to feel bad if either a personal illness or family illness is ending his career.
Alternatively maybe he thinks America is no longer the place to be. He would not be alone in that thought.
Either way leave the man alone he has worked hard and done a good job.
This isn't dead and buried. Just a reduced potential multiple mainly due to government change.