Member Info for Laverda

Mijas cart and horse is a good way of putting it, the export licence is the cart.

We are not waiting to export, we are exporting next quarter.

We are waiting for the plant to hit the nameplate tonnage as Bernard calls it.

Maximum output. Then everything follows not before. I hope he tells us when we are in the upper range, but I have a feeling he will not.

Well anyone who did sell at the Suay Chin panic does get the opportunity to buy back with a decent increased percentage.

Envious of that as I try and take those opportunities when they arise.

Wagner leaving saying mission accomplished and then ISIS strikes soon after the words are out of their mouths.

Wagner is supposed to have placed all of the major populations in the North under control of the government and killed all of the terrorist commanders.

It is the ISIS attack.

Wagner withdrawal.

I agree Naylor. Which is also why there is disparity in the chat board.

Many of us are still thinking in terms of the old 680 dollars per tonne estimated by Bernard when we start producing.

So we aren't phased.

Others got high and dreamy on the lithium price bubble before it burst.

The thing with high risk jurisdictions are you can get in cheap.

Re risky geographic area:

If this wasn't a high risk area all of the share prices to purchase from launch would have been higher.

You can't have it both ways.

Remember nobody knows what individual companies with offtake contracts are getting paid for their Spodumene.

Only the open market price is published.

If all of the companies with offtakes were being paid the open market price many would have gone by now, but they are still mining.

So basically a bed wetter stampede dropped the price.....

21 days left in this month yet. It is going to be a long three weeks for these posters.

As per the CEOs presentation we are waiting until July.

Happy trolling.

Apparently Reuters journalists sometimes use AI tools to assist them with their journalism.

Could explain the crazy articles.

Here it is:

RE: Be Interesting If....23 Jan 2025 16:19

Lav

Honestly if you can't see the risk of a major who holds 2bil shares and is now selling into the open market as a concern. Then you are definitely blinded to risk management.

IF something comes out soon to confirm reasons and or why they are selling that's different. See if BA cares about Share holders at all and post something tomorrow.

Daz, you said you were leaving because Suay Chin would be selling through the rise.

A change in story?

Rob, we haven't finished it yet so no we haven't built anything yet.

It still has to hit the nameplate tonnage - it is on track according to today's announcement.

Neil I have seen this before with oil wells, not many investors have the balls to hold firm when it comes to the crunch.

Fortunately with this one the market cap is within recovery range if the plant didn't hit nameplate.

Not so with many others.

The market cap is below last year's net asset value and current stock by around 18m dollars.

The market cap is lower than the sum of the parts.

Onlyking - ramp up continues is the line.

The plant speed therefore is still increasing in increments - massive news.

Remember we calculated that they were over 80% over a month ago.

No problems reported.

No news is good news as they keep clicking that plant speed up notch by notch.

Most of the articles just compare 2023 to present day, gives journalists some drama.

2019 to the present day is a different picture.

Elcobble that is just the spot price, it doesn't mean that is what mines are being paid with offtake agreements.

It means any mine which has additional tonnage it sells on the open market has a tougher time.

However Pilbara sells small amounts on the open market and reported it was selling above spot price.

Potato, Bernard forecast 680 dollars per tonne.

Bald Hill shut down because it didn't have a secure offtake, since opened up again I think.

It is nothing new. It relies on ties between manufacturing and mining to keep mines profitable.

Everyone just lost their heads with those crazy prices.

BFD yes and this is the arms length offtake discussion and what it is all about.

Transfer pricing moves profit from one country to another, impacts tax revenues for Mali, their profit share, etc etc.

These lithium figures are exactly the prices Bernard originally forecast.

Manufacturers aren't going to stop manufacturing and have their suppliers go bankrupt.

However due to the low lithium price ironically we may get an early buy out and at a higher price.

Why pay more to subsidise your partner's profits if it is cheaper to give them an offer they can't refuse and get their share of the lithium cheaper?