Member Info for Laverda

Excellent Mr Spoons thank you.

Everything going well and to plan.

Shame about the substation.

The water source is massive and super reliable, so we have no water issues.

I sent a few questions specifically for Steve, understandably he was not present.

18 months from production before we start funding the construction of the new plant.

We may have sold a Goldfield by then, we will have accumulated revenue and who knows what price lithium will be.

It is all looking really good.

They avoided some questions which were mining licence specific to do with Kodal moving from 2019 to 2023, but it was partly covered in the presentation.

They avoided a general gold question about ore and the previous mining codes which also is understandable because of Resolute and co. We may get more info when Fatou kicks into life again about the general state of play, questions were not on the other companies.

He isn't moving back into diamonds.

Bernard is brilliant at the Q&A also good at understanding the question, where the presenter was not very mining literate, but it is not his job.

Good overall.

Mr Spoons, that was what was happening to me. I will try. Thank you.

I arranged my full working day round that meeting so I could sit down for a couple of hours and listen to Bernard then I couldn't get in - dear me.

I am still working now catching the time back up!!!

Nevermind I look forward to watching the replay.

Much like Tyson's fight.

Mikb, in my opinion, just in case, I would keep drilling and not update the resource until the second payment and the licence transfer. That data will be worth nearly half of the plant.

Also you don't want the press etc going crazy over a resource update just yet, governments lost their heads when lithium prices peaked never heard anything like it. No lithium fever again if we can help it.

Floor with no cap superb.

Payment arrangements spot on.

50% of our charges paid - result.

The new picture on the website are impressive of the plant.

Imagine the flotation one!

Yes Tuesday or Wednesday got to be signed off.

Damn arranged my day around that, no verification email.

Merc after the licence is transferred, I would never have guessed...

I asked if they used the option to move onto the 2023 code within 12 months?

Other weather affecting plant production, Bernard looking at diamonds put loads of questions in

Floor price, road quality, how we are paid and when, crystal types and impurities, steves previous experience any use here etc my questiions

Good result Merc. No cap on the floor price, nice too.

Got the email set it up but can't get in!

Fortunately I sent loads of questions so will be able to hear the answers in the podcast.

Nearly left it to the event.

I can't get in Merc anyone else got issues

Elcobble just attention seeking troll I think, I think you are too kind to them.

Standard troll behaviour is ask everyone questions and have as many people running around for them as possible.

You will notice that rarely or ever they provide information on anything they find or want to discuss in detail.

Apparently standard troll behaviour on any website on any subject.

Doctors cover it in depth on a few articles.

I don't know what to make of it.

PS early in our investment years based on the old figures anyone who posted a potential sale figure of $1,300 dollars would have been shot down in flames for posting such a ludicrously high figure.

Elcobble good points.

In addition all of the low cost mines will not be sufficient to supply demand therefore you are safe in the knowledge that the average price must climb above the profitable level of a low cost production mine.

Unfortunately supply and demand of new industry does not go up in a uniform incline, it is erratic with plateaus and occasional drops as we saw very early in exploration and recently after good increases, however the overall trend is up.

I can't remember who, but someone asked why we were not working one of the other veins as the figures were so good.

Bernard is a geologist and this is Steve's third lithium mine. Apart from the usual quality tests, impurity level tests and so on, they have also identified that certain crystal types are extracted more readily and more suitable to different types of wash plants.

The veins with crystals more suitable for DMS separation are going to be run through the DMS plant, the crystals more suited to flotation separation run through the flotation plant.

Experience and knowledge.

Or buyout offer RNS before meeting.

Still going to the meeting - chauffeur better idea

https://m.youtube.com/watch?v=MLAbh2C5Jr0&pp=ygUNTGF1cmVsIGluIGNhcg%3D%3D

Https://m.youtube.com/watch?v=7Yqn6owyyyY&pp=ygUPUm9nZXIgdGhlIGxvc2Vy