Member Info for Laverda

Cheers tidal. Progress being made.

They will only notch it up slowly, reduce risk of something failing and damaging something else if not set up perfectly.

Have heard horrible tales of something failing and some expensive knock on effects, but never witnessed it personally, so they are best doing it carefully.

Come on Basher what are the next 10 things on your stock bashing list, if we are going to sell what will be the catastrophic event which will end everything?

If we are building our flotation plant what is on that list?

The catastrophes just keep changing as we move through the project. Like fartjet kept doing.

We simply have a short but never ending feeling wait as they tweak, notch up the plant for 24 hours or whatever then tweak and notch up again.

Rob they aren't allowed to purchase if they wanted to. They have too much inside information not available to the public.

The Basher it was down to 12.01% after Hainan joined.

Https://m.miningweekly.com/login.php?url=/article/allied-gold-partners-with-uae-investment-fund-to-develop-mali-mine-2025-02-25

Onlyking based on that cut and paste I put in a few weeks ago the licence transfer will not be signed until the plant operates properly.

Once the plant runs between the upper ranges I would turn attention to that - waste of time thinking about that before.

The plant producing and running at full speed with no issues is the big news we want.

Then the government will sign the transfer and start thinking if they are going to buy in or not. Seems like they told every mining company with a MOU that they are interested.

Yes Mann and the last communication said over the following 'weeks'.

Just that start, quality product and 50% of production day one is the stuff of fantasy and legend, no wonder Bernard was smiling like Garfield. But going through the plant end to end will have a minimum timeframe of which I have absolutely no idea.

Oneandonly, CATL were also in the press last week I think it was, they had temporarily closed some operations for a few months and fired them all back up again.

Reading the comments I guess many of you have not invested in an exploratory oil company, at the start spud the share price drops then further drops as you discover if it is make or break, any delays and down it goes.

I see a large part of this share price the same, the mine must produce within the output range given from the two DMS plants and produce quality product reliably.

Until we get that RNS nerves will be everywhere.

The Basher BFD is correct if you read their post.

We have done the rules to death on here before.

Unfortunately further broken down detail from the consultancies which provide services to AIM businesses are locked so we can't see examples of agreements and orderly exits.

The one small sell RNS is a complete mystery as I would not describe that as orderly.

Bumping along I have seen it before with oil shares, however when it turns, unless very small holdings you can't get back in quickly enough to make decent money.

I couldn't even sell out and buy back with a 20% larger holding in this last move so far, the spread knackers it.

Glad I didn't try this time.

Elcobble, we have seen the theory read the rules etc. But as with the mining codes in Mali there are companies which specialise on assisting with these agreements, how they can be constructed and how orderly exits can be included. Unfortunately they don't release anything for general reading.

Personally I was surprised at the earlier release in the RNS for a relatively small disposal.

The stress is the short but seems forever wait to see if the plant performs as expected.

Can stress about other things later.

Elcobble those arrangements that I have seen are locked on the internet, I can't get into them to see how they work.

Deeds etc.

I also can't find a good overview.

No doubt someone will have done.

Asher lots of shares dropping today, PM Q&A increasing arms budget, Macron Ukraine etc.

But this is like an oil well drilling share, they drop the longer news takes to appear. Nervous people these days. Could be a long wait yet, surely this part can't go as well as day one spod?

Merc with that spread they aren't cheap.

Mann, yes not far to go now.

It will keep dropping until the plant produces, nervous times for investors.

The first production was unheard of, expectations raised.

Torture waiting for the next update.

Fortunately with that spread it still would not have been worth me risking selling everything and buying back in this time to gain more shares.

To put this into context and the reason for my thinking this way, imagine if you are a processor/manufacturer tied to an offtake that required 200 - 400 dollars per tonne more than our break even over a 50 million tonnes contract.

They have to buy it to produce their goods. If it closes they take a while and money to get started again. Catch 22.

All of a sudden it adds a lot of value on low cost operations.

PS any company currently with an offtake with a high cost lithium source to maintain that source has to pay higher prices for lithium, making their products more expensive to produce.

If they are considering putting in floor prices to maintain those existing supplies how much will those be?

Acores, not totally disagreeing with what you wrote, for the other companies I think they would see it that way.

However flip that around there is an ever growing lithium market out there and even with solid state is here to stay and most of that industry is profitable.

To ensure a supply of affordable and sustainable lithium there are only a handful of very low cost miners in the entire world, we are, if successful the following weeks one of them.

Do you not think that makes us an acquisition target?

It may actually bring forward a buy out. Furthermore if you took a high buyout price (not saying we would get a high buyout offer) but divide that over the likely tonnage in Bougouni that buyout would cost buttons per tonne.

So I am not sure how this will play out for us, before I was thinking to flotation, now I am expecting an early buyout offer.

Bernard may get one from outside, which Hainan get first chance to match....

Tidal exactly, flying start, but we should expect normal next session.

Excitement tinged with nerves.