Member Info for Laverda

Humster you may not get in, I have a glitch, can watch everything else in the log in apart from Kodal, a couple of other people have the same glitch.

Redorb, yes it is all well covered on the net as is transporting the material.

The river climate and dock climate have been submitted, but always worth submitting again.

George, people on here are a tiny proportion of investors, questions will be asked multiple times, so best just submit them and let Bernard and his team sort them.

I just gave a couple of A4s and asked for them to be included in the presentation if possible.

Duplication is no problem as sometimes something extra comes out.

Good footage that George.

There looks to be a huge storage area between the hoppers and the main plant, a small part of it is caught in that shot.

In front of the bulk material there are some hoppers, in front of those.

The site looks like it can carry a huge stock.

Accionista, thank you for clarifying.

Monday will give the detail.

Having had experience of large stock and cash flow etc, financiers don't tend to worry about loaning money as long as there is stock.

We don't know why they shifted from the smaller port to the larger port, but what we do know is the time from full production to shipping has extended by months.

By this I mean the timetable before the ship detour and extended rainy season.

Because the port changed and this time extended I am expecting larger less frequent shipping.

If Bernard tells us tomorrow that this is because it is much cheaper, then the interest will be wiped out by the saving.

It is less than 4% for a quarter.

We took finance for large stock holdings regularly annually or bi annually.

No big deal.

However bringing a mine to fruition and be reliable and profitable is a massive task and it isn't complete until Bernard tells us it is. So definitely jittery times for all of us.

We will find out where we are to budget tomorrow too.

BFD no idea how everyone else knew about it except me.

BFD, I didn't know about dogging, just peacefully eating my fish and chips with steamed up windows in a countryside car park and nearly ended up in a mass scrap with lunes looking in my car window.

We all miss some developments.

Accionista - he meant concentrate. Nobody is saying ore, just a typo, comeonbernie knows the score.

You say it doesn't have to hit nameplate first, but what is the transport contract if they trigger it and start to move material?

What will the set up be at the docks and will it start a regular charge?

Bernard said they aren't shipping until next quarter, not this one, that sounds like big shipments.

Bernard said there was an order they are working to, checking their work on site was first, the export permit was in this order.

You seem to have gone on the attack for what reason?

Comeonbernie just did a typo, they know we aren't shipping ore from Leo discussions.

You get a chance on Monday to ask relevant questions to Bernard. We may be beyond the site checks already.

Humster a bit modern for most the sarcastic sign /s

Yes Hop2. Also though we don't want to trigger all of the transport and storage costs until we are sure the plant hits the level we need it to and is consistent.

This is the high stress time now, but 50% initial and now well over 80% of nameplate is a more comfortable start than most mines.

A lot of green boxes - are the kids off school this week?

Yes George found it. Not that we needed to but it is there in writing.

Badomen that article is poorly written from one end to the other and mentions the actual mine not KMUK.

Majority stake would be more accurate.

KMUK is not a PLC. You may be able to get a copy of the agreement, not sure if you can request it at a cost?

Very odd these 9% spreads, usually done to discourage buying and or filling an order, neither of which is reflected in the share price movement.

There is plenty of volume for them to earn their fees.

Odd.

Sorry if I already posted this.

I would imagine this is the way it would go unless Hainan want the second offtake in which case they would do a deal with us:

https://www.canadianminingjournal.com/featured-article/offtake-agreements-and-financing-mine-projects/

Jolly you would be tested for drugs if on a construction site saying such things.

It isn't quite finished that is all - very near. Hopefully we achieve that tonnage it is hold your breath time.

Acores - offtake for the second plant - the traditional way to pay for it.

Mannhole - yes re export permit, Bernard mentions it in the interview, can't remember his terminology but it is part of an ordered process.

Site visit etc then onto next stage - in interview.

To = too.

Agree George concurrent plans/news is my biggest unknown to.

However I will only concern myself with anything else once the plant hits and maintains full output, whatever they settle on.