Member Info for AIMtodeath

Dan, we can agree that BKT are the frontrunners and it made sense to follow them especially with the advantages they now bring to being first. Looking at the quality graphite ACP has (can guarantee if you are in the same postcode whatever you have in the ground is going to be very close to your neighbour in terms of quality/make up) and the junior mine space leading economics...... ACP would get built long before many others. If finance is limited they will go towards the lowest risk financial return projects. With BKT getting Tier 1 fan base and Chinese and US Govs visiting Tanz and the region being modernised and ESG'd to the max be BKT, finance will not be too concerned about investing in Tanz.
With BKT financed I'd hope to see hte gloves come off quickly and ACP manage to get their ducks aligned in time for next years dry seasonmwhich would get them into production just behind BKT (who has a longer build). So be nice to be ahead of the game but ACP do not have to rush financing if they have until at least Apr next year before they lose ground on BKT actual production. World anylsts would suggest that every mine with graphite today will be needed, with the superior economics I see no reason ACP doesn't join the party, it should have VIP tickets compared to some of the dross out there. When you have researched the economics of 20 other graphite mines, you can comfortably make that assumption.

Also note where you see articles on graphite. Of late Reuters, Bloomberg, The Economist etc have been running shorfall articles. Big hitters with wide intellectual audiences getting fed the narrative. Lithium was the golden child of battery metals but it now has competition from upstarts like graphite.

I'd think there will be a Final Results mid to late May se in stone. You'll get update on the money situation at the very least. Bit more burn starting again, but the base line was 300k a year and end of last year they had what 1.5m.

Anyone gagging for updates on Geo drilling bear in mind that it could only start in dry season, which is only about now. I'd say next news if it drops before Yr End Financials will be Gov Free Carry confirmed. This allows DFS details to be amended, contracts like MOU for electricity like Ecograf to be signed in NewCo name, Finance will see last hurdle admin wise over (but finance will be the very last news before construction so any idiot demanding this now is err an idiot), offtakers also see Gov agreement done and dusted, more confidence to put pen to paper.

Still someone determined to kick it down though.....

Bear in mind this EISA is about which water we use and we can't offer better than to use waste water. If it was just about water then ANY new mining projects woudl be put on hold and no EISAs granted, it would be a non starter. We would have known long ago that we couldn't use water, Government have to be seen to be thougthful in how the country's water reservres are being utilised and fidn the minimal impact solution that waste water must be seen as. The Government are going all out in stasrting to projects to either store more water (reservoir building) and new water (desalination plants) to ofrfset future burdens on the water resources. All the while the Gov are mindful of 'trade' and 'tax income' that can help pay for these changes. You cannot wholesale stop business, you need it, money turn the cogs of the country.

didn't take long

Some more in the ISA, need to protect that profit from the bad man.....

I'm one of the first two!

Jeez must we always go over this.... Progress is BKT progress! Without that ACP didn't get roads, hydro electricity and rail sidings. You'd also have been shafted on finance and offtakes 2 yrs ago compared to what is in market now. BKT has tier 1 crawling over it and Walkabout just got senior debt of $25m from a fund!
We have swapped legal documents so something progressed with Gov in terms of agreement to be put in writing. Only recently have others progressed this.... BKT is the star attraction, the investment it brings lights up (excuse pun) the whole region and will allow many others to thrive. Ecograf tapping into the new substation is perfect example of others benefiting.

Seems everyone in country is in the belief that BKT is going to be financed and that they will get the electricity to Mahenge! Without BKT there won't be any electric in Mahenge to tap into.

- ARC would hold over 1/5 th of the asset and also have to find funds to develop a mine.

Seriously want company doesn't need to find funds to develop a mine? But then 65% is going to be lenders (no doubt jointly with errrrr Anglo) and if you are sat on a tier 1 find, they will throw money at you and I doubt the valuation at the time will break step to raise the additional equity. Do you just throw enough deramps at a board and hope one sticks in a blunderbuss fashion?

- The value in this share for a 5x/10x is now long term and depends on a tier 1 find, that means people who invested in 2019/2020 expecting a return within 6 months, could be waiting until 2025 onwards.

Its called INVESTING....jeez.

https://twitter.com/BlackRockMining/status/1641226843880820736?t=LPcMcsD34WdhSHZ_xXGQHA&s=19

I suspect like many companies until they have EISA and moving towards final finance they will be keeping powder dry, then you hit the market with everything you have PR wise when you have EISA..... You can only do so many PR stunts/media articles and interviews/presentations on the circuit, do them now then you can't really do them again in a few months time. It might massage the SP a bit in the interim but it'll not take it to 10p without the EISA. The EISA gets you 10p, the media gets you 15-20p after.....he says hopefully.

Jan 9th we have had a Q4 update and the setting out of the progress to come...... To note at this time in the cycle there is far less to shout about and report. Early in a company exploration, there is lots of things happening and lots of reporting, but at this end thigns are few and far between.
We are waiting Barr - Engineering is now 90% complete - infrastructure design undertaken by the Moroccan firm Reminex SA is 80% complete (out of EML control). EISA is ongoing (mainly out of EML control). Since then they have mandated lead arrangers for finance (they just had a meeting of all involved last week).

Jeez what more do you want!? Hey GC what did you have for breakfast?

Haha.....dear chrisler try using your mouth when you talk instead of that other hole you use so often.

Timelines and progress if EISA is not in their control!

You cannot comment on the ongoing EISA! Until it completes you say nothing. You put yourself in a corner otherwise.

Will mend it, Dear Henry....

Until the last day it can still be signed if they were gunning for it, you'd only extend early if you knew well in advance you'd not make it.
This extension ties in with the Cadastre saying licences will start being granted end of March. As long as they get done in that time frame in reason they don't sign, they've had long enough to think about it!... Ha. If they do extend can only be waiting for the Cadastre to do they paperwork. OR... was that pending transfer pending JV creation and legal entity to transfer to... Who knows, but who would keep an exclusivity agreement going 2 years of they were not committed.

All the damage has already been done with those warrants. Holders sold the **** out of them over last 2 years, but at least they are pretty much washed out now.