Member Info for Laverda

Flying up. Strange how some of it when enclosed looks slightly more compact and smaller.

Those conveyors in look like they will be a good piece of kit.

All looking good and no puddles this time.

I agree Painless they had them over a barrel if they wanted to be awkward and at no point have Ganfeng turned to Leo Lithium and said they have soured the relationship with the government, which they could have done.

Shame for the shareholders though, just a CEO pushing the limits in my view one step too far.

The government is getting through these big jobs, normal service may resume soon in Mali.

Https://www.leolithium.com/investor-centre/asx-announcements/

Those investors will be pleased. Complete.

The model was built on the expectation of being able to purchase specific manufacturing equipment without any signed contract before raising the monies that the manufacturer of the manufacturing equipment would actually supply them - dire but a very basic mistake.

What precipitated Northvolt into this turmoil? First of all, there's a possible technological war. The main supplier of lithium-ion battery production machines, based in China, was (strangely?) unwilling to sell its machines to Northvolt! The Swedish company then had to fall back on another manufacturer, also Chinese. But with a lesser reputation. It didn't fail: their equipment didn't live up to expectations. The faulty equipment delayed the production process with too many defective batteries. Mass-producing such batteries is a complex business. In the beginning, there are always rejects, on the order of 30%. But it seems that at Northvolt, the level of failures was even higher.

The lesson there was self sufficiency, countries don't have to sell their manufacturing equipment to anyone if they don't want to. China has sense not to sell its best technology.

Why the current farmer situation is so serious. Can't rely on imports for everything as soon as there is a problem overseas they will look after their own population first.

Painless that is all I managed too. I increased my holding by 20% selling and buying back - good I suppose, but if you looked at the graph you would think I gained over 40%. Not so.

Hard work buying back in too.

MWilt, I have no idea.

My guess would be that not many as an overall percentage are parting with their shares and the MM know that Africa is ultra sensitive to panic and want to be extremely cautious about the number of shares they hold at any one time. Hence the spread. But in truth anyone's guess.

May be as simple as making a good profit off a wide spread.

MWilt, massive spreads for a long time now. Dips for very short periods and back up again.

I sold everything on a previous RNS the price dropped but due to the spread it took me days to get in and I only gained a fraction of the drop. I didn't chance it on the following RNS.

Whitebuffalo even better that they can do real mine samples before the plant spins to ensure it is as they thought it would be from drilling.

It will help with setting the plant up.

They will know weight per cube at that level, quality from the ore then calculate if the input of that material equals the outputs they expected - all that type of stuff.

Nice position to be in.

All the way through including the last presentation or q&a at the end, I can't remember which, Bernard said the impurities are low.

That is important for throughput of the plant.

I worry more about Starmer, Biden & Zelensky than this mine at present.

Little Pete they are suspended?

I would love to have a look through Bernard's draft figures, I would imagine that as a minimum he will have quarterly, but most likely monthly figures. Now with an open cast mine dug and the veins exposed, over 58,000 tonnes of ore ready to go, which he will no doubt be sampling and sending to a lab to ensure it matches the drilling results all adds a lot of value.

Then plant complete, more value.

With Nielle close to maiden he will have an Idea of the maiden value now all to add to our NAV. We will only know when it is formalised.

Huge number of staff on site, it will be flying up.

Dazguard - interesting. I never bothered looking.

Why NAV is king and why only complete plonkers put market cap first:

Net asset value per share

Knowing the net asset value helps determine whether the company is undervalued or overvalued. So, investors use the NAVPS to decide whether to buy, sell, or hold a particular stock. Net asset value is one of the two critical values used to calculate a company’s intrinsic value

Just like earnings per share and market capitalization, it is one of the three key metrics to value a company. It is also one of the terms you will often hear if you are investing in stocks

Here, we explain net asset value per share and how you can use this metric to determine the value of a company.

What is net asset value per share?

Net asset value per share, or NAVPS, is the market value of a company’s assets divided by the number of shares outstanding. The market value of assets is determined by subtracting the total liabilities from the total assets. This number is then divided by the number of shares outstanding to get the NAVPS

The NAVPS is a good indication of a company’s financial health because it shows how much each share would be worth if the company were to liquidate all of its assets and pay off all of its liabilities

A high NAVPS means that the company has a lot of assets and a low number of liabilities, which is a good sign. A low NAVPS implies that the company has a lot of liabilities and not many assets, which is not a good sign.

Cut and paste.

They do have a lot on their plate and they are making sensible changes in the main just closing loopholes from a failed 2012 code and firmly closed gaps in the 2019 code. They seem reasonable.

The job for that country to move to a democracy will take years by someone like Goita otherwise they won't have the tax infrastructure to support it.

Painless I see Leo deal has not completed, they extended I think until Monday, possibly another extension.

That will be why they haven't been posting for a while, they will be starting to sweat.

Painless - lol, no our troll.

Funny how a character suddenly swings from knowing nothing to knowing everything - of course not a troll but a serious investor.

All of us believe these multi moniker posters.

Sorry that was a cut and paste from trader data from platforms.

Timing the market instead of time in the market

Day traders with strong past performance go on to earn strong returns in the future. Though only about 1% of all day traders are able to predictably profit net of fees. 1

Traders with up to a 10 years negative track record continue to trade. This suggests that day traders even continue to trade when they receive a negative signal regarding their ability.

But not on the chat boards!

PS our share of the assets that would be.