Member Info for Laverda

And Daz until we have some to sell the price doesn't matter.

Until the plant produces, the detail of the offtake or floor price doesn't matter.

Enjoy the build and this stage for what it is.

CMlatter, personally even though this is our smaller plant I think it is a massive project.

Look how long Leo have been building.

All water infrastructure from the river. Our own power stations. All roads drainage etc. then the actual mine dug and plant construction.

Steve and the team are absolutely flying with something this large effectively built in the bush.

There will be a big sigh of relief from everyone when that main plant spins.

From that first spin we can look to see which remaining pieces we need as it will take a few weeks from spinning to getting first product if everything is ok.

Https://www.proactiveinvestors.co.uk/companies/news/1063237/kodal-minerals-making-good-progress-with-bougouni-mine-construction-1063237.html?rel=scroll

The big news is the power plant on site and all the heavy cabling begins next week.

This plant all connected and moving is the big job.

The rest are small jobs.

Elcobble yes the big news is the power plant and all associated equipment to be cabled up next week.

Crucial part.

£150,000 tonne stockpiled - nice.

Https://m.miningweekly.com/article/saudi-arabia-taps-aramco-oil-field-brine-in-lithium-battery-push-2024-12-19

Https://m.miningweekly.com/article/volkswagen-invests-c69m-in-patriot-battery-metals-2024-12-19

Https://m.miningweekly.com/article/namibia-investigates-chinas-xinfeng-for-alleged-illegal-mining-2024-12-19

They aren't having it. Who can blame them.

Stockwatching - good point they have been released on the 23rd before.

Last year it was on the Proactive Investor website.

Hopefully the same again. 18th last year.

Clapa, ceremony good for Mali and the workforce.

For investors I would expect more detail re sizing after the crushers etc and relevance to the input of the DMS plant.

PR only I agree not regulatory, Bernard won't want to just tell us it did spin and didn't break in my opinion, I think he will want more detail.

But just my opinion - I know no more than anyone else here.

Painless it is a bad time of year for share prices generally.

It will kick off second week of the new year again.

Lol George, I was typing the same thing at the same time as you re Christmas.

Yes it is all about the plant for me, not concerned about anything else at present.

The reason we won't have a cap on the price is because of the government, the floor price will have little to do with the Mali government, it is about ensuring that the mine remains profitable, for Hainan it is just about having part of their income in one country or another, for the mine generally it is to ensure working capital remains in Mali should lithium fall. Otherwise it could get complicated.

Bean, not really it is not an RNS moment, just the crushers working not the main plant.

We normally get a Merry Christmas message so I am assuming it will have been retained for that message.

It will be frantic on site and it will be telling on everyone by now.

will be reta

Pretty much agree George.

However I am just waiting for the plant to spin and hear everything is operating as it should then eagerly anticipating the first level of quality outputs before the tweaking and optimisation begins, because that is likely to be a bit stop start while adjustments are made.

Expecting a Christmas message, a quick mention of the crushers and what to look forward to over the following weeks.

Meanwhile fill time with anything else going on in Mali and wider mining.

Bearing in mind we have one lithium mine plus Goldfields so gold does have relevance to us too.

Ironically that one may come up the way Barrick are going.

A big mining company would take that on Hainan?

Https://m.miningweekly.com/article/barrick-seeks-fair-resolution-in-mali-through-arbitration-2024-12-18

Mali made a mistake remaining in this, it is based in Washington.

Costs could end up out of hand and I would be surprised if an African country on limited means would have watertight mining codes which could withstand international legal experts.

Ultrainvestor, looks like we are in that stage where we are about to get new investors and old trolls under original and new monikers in equal measures.

The next plant test is the big and important one.

Then the pinnacle test spodumene of marketable quality exiting the plant.

Clapa lol, a lot of conveyors completed since the last photos and the crushers are important.

The real technical part is in the next section.

Hainan made a good comment regarding the skills of the workforce assembling such a difficult structure. Anything constructed incorrectly can cause serious damage, that was the big plus from that communication.

I am upbeat.

It is just the crushers.

Good moment for us though.