Member Info for Laverda

Todger, same types of posts on HE1, GDR and... yawn.

Compo, where the saying 'fair to middling' came from.

Middlings being part (coal in your case) and part tailings to go back in and be reprocessed.

Hop in solids.

I looked through a few DMS flowcharts however they are quite mine and plant specific so a little misleading for many.

Different type of ore may require a different type of crusher, magnetic and Mica processes different with high impurities and the type of plant dictates how many times it is floated etc.

If someone can be bothered to go back through everything and find the plant manufacturer and if possible model there may be a flow chart specific to our plant.

Painless I can see why the mining conference all laughed it is bright white against dark soil, no worker could miss if the vein changed course. No loading incorrect material.

Yes loads of work between the floors, you have to zoom in to see it all.

Cheers Robid a lot of internals gone into there just in days, they are quick - 18 days. Worth looking back at the 14th to see the progression.

Very fast. Like they said much prefabricated.

Ps funny isn't it, every share trader ordering a 99 at an ice cream van, being handed half an ice cream with no flake would complain.

However when it comes to them selling a share would expect someone to pay full price for half a product - yet they can't see their madness.

Agree Onlyking.

Kodal simply carried on moving tens of thousands of tonnes of earth.

Building infrastructure, waterways, sediment traps etc.

Importing thousands of tonnes of plant infrastructure and are constructing it.

The price of the shares is down to those trading them.

Yes Surin, Ok just hope it isn't a stupid little electrical switch which is out of stock etc, honestly I have seen everything stop for the stupidest little things. Brings tears to tough guys eyes.

I have seen grown men cry like baby when things stop!

Once had a brand new machine go up in flames, managed to put it out in time, but two weeks to get new complete wiring, it had shorted out. I was lucky it was in the dark and wondered where the light was coming from.

So many moving parts on that plant, fortunately there are two, so double the chance of getting one working if there is a problem.

Very long conveyor if you put them all together. Was there 5 or more?

Surin, Bernard said there were no issues.

The Hainan announcement was just one of those things.

The capital gains would normally be paid by the explorer company at point of JV.

If we don't pay for it then it is another bonus for us.

We have done well all the way here, got our JV just before lithium prices dropped, we seem to be getting a floor price we should be counting our lucky stars.

The big thing for us now was anything damaged in transit, does anything not fit the way it should and do any of the new parts not work.

I have worked with machinery of all types most of my life and been let down more times by brand new machinery than even antique what many would call junk.

We could be lucky but there are so many parts and you can only carry so many consumables.

Compo, it is referred to today as 'negative social potency'.

Workshy, level headed review - for once.

Painless, many a true word said in jest, I think that is how we will have a floor (minimum) price but no cap (maximum) price in our offtake. The MG would not accept one.

MWilt, he slipped up in the presentation didn't he.

Acores posted this

https://batterymaterialsreview.podbean.com/

Https://www.youtube.com/watch?v=akFs3TFLKms&t=85s

George I think we have an amazing team, Bernard's enthusiasm for geology is there for all to see, that last video where he is addressing a professional audience gives you everything you need.

When he said they dug down uncovered veins white against dark earth and he and the other miners laughed it said more than a thousand words.

He was clear in the video too, Africa is risky as is Mali within Africa but he said that is where the new discoveries are, risk vs reward as usual.

The podcast posted earlier highlights the issues with spodumene in Australia, it mentioned Bald Hill may mothball yet again, the crystal types in Australia don't mine process as cheaply.

We are lucky as I have to say when I first invested here the low cost per tonne of extraction was not available as an investment consideration. We knew it may not be expensive, but not as low as it is on a par with Brazil.

I will find and post that video and podcast posted by others on here.

Plus George we are so close to production they will be meaningless.

With Nielle being so close to a maiden value too, the NAV in March will also be lower than reality too as it appears to be a foregone conclusion that it will have value.

Aimforthestarz look at the fundamentals tab and look at the bottom figure that is the figure in March with no value placed on anything going forward or any potential.

So if it all went wrong and Hainan said they would only pay book value for our share, minus the amounts for the Goldfields that is what we would receive.

A sort of safety net which in March was not much under our market cap now.

The hot air companies have much lower values if you look at their fundamentals.

On a simple level that is the way to view that.

On our next accounts that value will be considerably higher and again the following year with Nielle and revenue from Bougouni.