Member Info for Laverda

Onlyking do you not mean the dramatic price rise bubble which burst.

Did it last two years?

Spodumene prices are up prior to the bubble.

PS Rob, photos of what?

It will all look the same, maybe 5mm more on the conveyor if output is still increasing.

Rob, lol, not here to make internet chums, probably should have remained off the internet it is a sewer.

However the last news really was mega.

The time from then until now so far has been a bonus for KMUK with the Spodumene rise and the large stockpile.

Rob incorrect.

The last post two weeks ago gave the plan going forward with more detail. LinkedIn a big tick list, other sites video explanations.

Plus the massive news is that the plant produces in the commercial output range.

The period from then until now and Spodumene price increase completely negates the advance to KMUK and some.

So to this point factually nothing is bad. Although some are trying hard to create some bad news.

Malcom, the buyout would be KMUK.

Not Kodal plc.

So Spodumene price today is within 13 dollars of where Bernard originally predicted it would be when they started exporting.

Agree Elcobble. The flotation offtake is so valuable too, it can cover a chunk of the buyout. Offtakes are only for a term, DMS four years then another payment follow.

Makes sense for Hainan potential end user for the entire mine in the future and financial backer to make that move.

Its the arms length business that Ganfeng and Hainan have to overcome in an unsettled early stage market. Low spodumene prices mean greater profit in China and less in Mali.

Jack, Bernard said we are up in the range of max output from the plant. On that score there is no issue in exporting etc.

Declaring nameplate will mean that the accounts are adjusted to reflect that output for the P&L forecast, NPV etc from the DMS.

We are now waiting for whatever needs completing to get the export permit. Mainly will be regulations for transporting that material down a highway etc.

Acores you can't do anything in a different order. Regulations.

That is the way regulated industry is.

However one truck off the road into a fish laden river can do some damage.

Spillage on the road then washed down the drains etc etc.

A tailings dam burst last year or the year before, changed tailings regulations across Africa.

So the regulations aren't without purpose. Just really tough at times.

Lorcun, it isn't a bit of paper only.

Never is with mining or moving materials along highways.

But I agree, Bernard should have expanded on what is involved with the export permit.

Normally with mining, waste or anything along those lines it is another raft of reams of regulations. Not only Bougouni but the hauliers carrying a new material.

OS on our stockpile.

Rob that succession of price increases in total would completely wipe off the loan facility charges to KMUK and more.

Acores lol a scale model of Bougouni out of matches.

George, re your post on a serious note.

Of course they will read these boards, after getting through all of their DVDs stuck in Mali these are comedy gold for them.

Walter Mitty makes an appearance.

Morning.

Cholesyn this changed here: https://www.proactiveinvestors.com/companies/news/1073861/kodal-minerals-signs-lithium-offtake-deal-ceo-outlines-next-steps-1073861.html

I think around 2.00.

Cholseyn, incorrect in the last interview Bernard said they were funding stage 2 from the stage 2 offtake. The traditional funding method.

Ivenoidea yet you comment:

I still don't believe we'll receive our export permit until the spodumene price is at least $750 which was the previously agreed but not signed off on minimum sale price.

Hainan or a nobody?

Ivenoidea my point was very simple.

When the plants are both running at full capacity and if Ganfeng publishes figures then you can compare.

Currently only Bougouni is stated as running within the upper ranges but nameplate output not declared.

Unless you know different, Goulimani is nowhere near max output.

Until then you can neither say that the quality is better from one than the other or the costs are lower.

Very simple.

Ivenoidea the neighbours as you call them already exporting have not declared nameplate either.

Nameplate tonnage enables more accurate costings.

Prior to that it is estimated.

You will get it one day.

Setting off, BFS etc etc, all forecasted figures and worthy of discussion, but days away best just wait from the horse's mouth.

What worry?

There is none, 500,000 tonne plant will need to clear stock even if just running at 50%.

120,000 tonne plant less urgency for space.