Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
We haven't been given an estimate of the AISC before today. I was very tempted to stop posting, but Max trying to imply anything over $60 will be profit, is not true. So I shall stay, both invested and posting, The figure is $85, and even this is not reported in the usual way, never seen a Development Study before, who made that one up?? Not what we were told to expect. I know the choir singing/bricking it crew don't like it, but nothing is clear here. At $85 we need the DSO price to stay over $100. Good Luck All. We certainly need luck here.
https://www.sharecast.com/news/aim-bulletin/alien-metals-takes-wraps-off-han****-development-study--16121446.html
"Every key bit of news from now (and lots due as per IOCA Update https://www.londonstockexchange.com/news-article/UFO/ioca-update/15684322) will bring us closer to Hanc0ck's NPV of US$206M" Post by Max 15/12/22
RNS today " a pre-tax NPV10 of A$146m" so S95m
"o All in sustaining cost of US$85/t" a 42% increase from $60/t - from RNS
"@bobsson. Yes Operating Costs $60/t to port.
Fact is the Iron Ore bears finally dying out or slowly converting.
¥1Trillion infrastructure stimulus will start filtering through slowly and Iron Ore inventories are near 2016 lows!" post from Max just 8 weeks ago, 4/12/23.
I love to research, oddly it doesn't always pay off. Took a punt here at 0.75, sold at 2.25, 3 weeks later, without much research. Then put a shed load in, after researching, hasn't paid off. Just been researching EEE, as considering putting more in, seems logical, but then sentiment appears to matter more. Nothing like booking a profit.
Looks like we will be going nowhere, sector being shorted.
https://www.marketindex.com.au/news/short-selling-lithium-and-battery-metal-shorts-linger-peninsula-energy
Back in the bottom drawer. Watching the lithium price for signs of recovery.
https://tradingeconomics.com/commodity/lithium
Would imagine Rod Mc. can't believe his luck. The chance to get back in at such a low price, having already walked once with a large profit. Hope I get the chance to get out before him this time, if/when Disko is drilled.
Jersey, you may get some info here -
https://gasworld.tv/