Member Info for Laverda

PS we get 65% at the docks.

Lorcun - Bernard said next quarter. Considering they have 17,000 tonnes now these look like being big shipments as they should have a minimum of 40,000 tonnes at the start of next quarter.

Onlyking - only Suay Chin could answer that.

However the whole deal has been lucrative for them.

They could have another investment lined up.

I don't imagine Hainan would want more of an explorer they just are giving a sweetener to Kodal and getting eyes and ears on our board.

Matt if Hainan do a buyout and don't do anything in the future with Kodal, ie Fatou or another, what will they do with their shares in Kodal?

Is that going to be a surprise and another foot stomping event?

Badomen general a mixture of the two if it hits x sell out. Target a particular time to sell out however companies evolve.

All written earlier by Kodal, but initially we were developing and selling Goldfields to purchase a lithium mine if all went well. So it would have been gold then lithium.

It has turned around and now it is lithium then gold.

You have to move with the company changes, simple enough.

Matt you simply don't get basic share investing.

You decide to buy in point A, you decide when you purchase when you may sell, point B.

Between points A & B the share price can go anywhere especially on AIM.

It isn't rocket science.

If you think different you are perfect for a deposit based savings plan, Guaranteed Bond or similar, not shares.

If there is an ABC on investing in AIM shares it will be near the front.

Now Matt you seem to be answering as another poster, weird reply.

Ahh so we should have gone to mystic meg who could have looked into her crystal ball and told us post JV that the offtake would change hands?

Or when Hainan took over the offtake Suay Chin has no right to sell their shares at an excellent profit?

All you do is strengthen the reason you should be like Roger and never invest in shares.

A financial adviser is best for you.

Matt there is no production then so very simple you aren't there yet.

Production is commercial production and money received.

Not when a particle has dropped off the plant.

Your problem I see with selecting that out is the parallel plan and operations.

He has also mentioned taking something else on and there is Nielle.

I am reviewing post Nielle because a lot of dust will settle.

Wrennus - or think at what point an investor may pay more for the shares they bought and the reason they could pay more.

Pretty much their posts consist of they bought shares and expect someone to pay more for no other reason than they want a profit now.

Like I said, bank accounts and savings plans for them, get out of this grown up world.

Matt another ridiculous post.

Not all nuts and bolts a lot of welding, plumbing and electrics too, but unfortunately it seems for you that is the stage we are at.

Plus if geology, mining and plant is not your thing, then why invest in an explorer miner?

Software isn't usually my thing so I don't invest in it. I don't invest and then go pah, all you guys talk about is computers and software!

Ivenoidea send a copy of the post.

Unlike me unless in jest.

Matt, stock answer to anyone who doesn't understand what AIM is.

Build a company and if it successful then reap the rewards.

Not stamp feet every day saying why isn't someone willing to pay more than I did today for my shares?

That lies within.

How many people have to post because the company isn't producing revenue yet - how complicated is it?

Ivenoidea - AIM is clearly the wrong place for you.

Venture capital then AIM, all about building companies. You can't invest in companies successfully without going through everything.

You need a savings plan.

Hello George.

Actually in reality the percentage that the plant is really producing at will be higher than those estimated calculations as you don't know how long it has been switched off to make adjustments.

Bernard has told us to date it needs no major changes. By this he means no shutdown and shipped parts.

He gave us much more detail in the last interview on the notching up of the speed on the plant.

Loads of adjustments everywhere are being made. To give an insight this is a production plant built to run 24/7 only closing down for maintenance or external weather forces. To have one roller on a belt fractionally out of line would increase bearing wear forcing an early shut down, to have liquid hit one point on a pipe where it should flow smoothly through would on a production plant wear through that piece of pipe causing a shutdown. Then there are all the variables of adjustments in the main plant additives, frothing etc etc to fine tune.

I don't know the full length of travel if everything was stretched out in one line, but from photos it looks like a mile or more (two plants remember) an awful lot of adjustments.

Get this part as near perfect as possible and it will barely shutdown.

BFD, I hope it works out for them.

Fortunately ours is completely going to plan - so far.

Timings with construction are always rough estimates.

The resource they simply had more than enough for the DMS and switched to the flotation plant supply.

The flotation plant will be a monster and take some feeding.

Cheers Troajan, everything perfectly explained nice and clear for all to understand.

First shipment next quarter as previously communicated.

17,000 tonnes on site now.

It is going to be a big shipment, probably over $25m worth.

Big plant loads of tweaks.

Matt, if you look at the 5 year performance chart of Kodal as an investor it is exactly what you want to see.

If the next 5 years is on the same trajectory then it is superb.

Potato during COVID there was a company which got itself into major issues, had to sell of the core business, changed its name and started down the road of COVID masks, it had nothing at all but climbed to 4p per share from a fraction of a pence then dropped and closed shop.

Share price is not a good indicator on AIM. Weird when it got into the pence investors seemed comforted by the high price, drove it further.

Rob, lol don't worry about it.

So two different things current share price and project value.

SC for traders a pain.

Not up to the tonnage range - pain for not increasing project value.

However the plant and tonnage is going like an absolute dream - believe me. Never quick enough but that's investing.

Project value for a good buyout price and ultimate long term share price.

Acores, because is somewhere between 80 and 100% output not confirmed at 100% of the upper range.

Bernard says around 6 weeks max, 2 weeks minimum.