Member Info for AIMtodeath

https://www.worldfertilizer.com/potash/21112022/emmerson-signs-potash-and-salt-offtake-mous-with-keytrade-ag-and-hexagon-group-ag/

Good they picked up the story, spread the word around the fertiliser bazaars.

https://twitter.com/MrGraphite2/status/1595529816320921601?t=Oi649V1hIQ1E5I_BKMT-4Q&s=19

Global recession or not the world needs battery metals. Even with reduced car demand the% of EVs will still rise as they replace ICE regardless...

Recent news from Tanzania also highlights the slowness of even the biggest project, but equally the huge work they are doing hand in hand with the Gov to improve the working infrastructure in the area to support all following miners. The delay is easily overshadowed by advancement in this infrastructure in the benefit to the company than having plowed ahead in poorer times of financial support and pricing of in graphite market and building a mine reliant on diesel and building roads for others. It takes the sinister and trust issues away somewhat for why is there a good reason to go slower for now as evidence of the improvement in the area come to light.

ACP has been through the news rich zones of proving up resources, testing of resources, feasibility studies, licences and EISA. These items continue to bring news to the market with regularity and keep interest in a poor market. ACP sitting on hands and protracted GOV discussions are the opposite and those that like spoon fed a daily diatribe of twitter posts, presentations and interviews couldn't handle the silence and therefore think sinister and useless. Versus bidding time to advance in better conditions graphite market and in country development.

Since these apps that allow trading of any volume of shares with zero trading fees there is so much price manipulation attempts going on it is unreal.
Loads of shares I watch, people pepper bid or ask trying to get the MM computers to mover positions to move SP up or down, or by doing a buy or sell to show market latest price tryignt o encourage others to sell or buy.

I made an assumption that with the Gov 16% involved they may want a special mingin licence.....however the reason I think MB has kept this project below $100m capex is that the Special Mining licence brings a swathe of extra requirements.
What I was inferrign was that because ACP is in negotiations for the Gov to get a % they would be a little more less demanding that you start minign and givent hey are opening up the area with BKT, understand that all mining is likely to fall in behind BKT in that area.

The mining licence is 10 years and renewable again for another 10 years. As long as you have sufficient resources to keep going. So ACP will have to renew at some point to get the full 15 years. So at the moment a single renewal. If they expand time from that resource then they would need a 2nd renewal. As long as you are not in default and still got material to mine no reason to deny.
Also ACP could add a 3rd line and still stay under 20 years. The extra prospecting area would probably have its own mining licence, so by having a series of smaller mines under the $100m keeps them all at normal mining licences as supposed to the stringent special mining licence.

As ACP DFS stage 1 did not plan for hydro stage one I would think the main paved road to Ifakara would perhaps have been on our radar which BKT are now building, now we just need access roads to mine site from Mahenge.

BKT saw significant increases in the there infrastructure costs, 1.materials 2. additional infrastructure not orginal in plan and 3. They have to resettle a lot more people and that was a hugely increased in requirement - building a 297 house village with school etc!

ACP will see savings in infrastruture and associated inflation on those they are not doing now and could save on diesel gens.
They will have higher inflation on what they do build infrastructure wise and plant itself. We will lose some and gain some.
The worst increases for BKT - infrastructure went up 107% (new infrastructure not planned before and costs - makes what ACP save more meaningful) and resettlement 466% (they took on new standards with Equinor or something and maybe with special minign licence had to do a lot more) and contingency 97% (BKT originally only 10% and increased to 12% and greater overall costs push it up - ACP used 15% already mitigating additional contingency if overal capex goes up)

ACP basket price rises, 16%, inflation, infrastructure savings, hydro power costs lower, rail access transport costs down etc has a good chance of coming out flat overall.

There was near on 1 million in auction looking to buy. Should support any SP drop.

Good sign these guys are committed to long offtake, good for finance. Also good to see the extra work done on SOP is already showing signs of fruition.

The reason exploration licences are 4 years is to make you drop or reapply.

Mining licence is granted for 10 years (special will be longer after agreement) and we are in discussions to partner with the Gov to create a new entity with a special licence.

Once BKT are funded they will begin all aspects of their mine build, I should image the roads and electricity will be pushed forward as it means they can start using that infrastructure during the build of the mine. The railway sidings need to be ready before first shipment.
Their build is up to 18 months, ACP will be 12 months, so by the time ACP has it's %%%% in one sock and financed it will be that 6 months behind such that build would finish just after BKT. Funding is confirmation enough that the infrastructure will be in place in 18 months circ.

To note they are also building railway sidings!

This below is what you have been waiting for and taken a hit in SP because of the wait..... but would you rather be paying for this and organising it or letting the big brother next door trailblaze the whole thing and then join the party once it has started? The sheer cost of this and also needing a project big enough to encourage the Government to get on board and pull their weight in making these things happen. Despite those protesting and whinging a lot you have to see the advantages long term of having all this laid out for us!?
- According to Mr Osman, Some of the key facilities and infrastructure which need to be addressed to make the project possible include, power supply to the mine site, building of suitable tarmac roads from Ifakara to the Mine site and rail transport from Ifakara to the Dar-es-Salaam Port through the TAZARA railway network.

Others, he said, are access to land at Ifakara with a railway siding connecting to the TAZARA railway network, confirmation of the tax framework to be applied during the construction of the mine

Rover - The Gov get a free 16% carry it is a no brainer to them. But it looks like the size of the BKT project and the getting the industry off the ground in the area has required Gov involvement, as they get nothing if it is not all built. It is in their interests to help and then reap the rewards of profits once it is built. It also opens up the whole region for all the other mines that otherwise not big enough to trailblaze these costs. The roads and electric will be supplied to the Mahenge town and all can use it. All ACP pay for is their own access road from mine to the starting of the paved road from Mahenge to Ifakara. Also Electric cables to the Mahenge sub station for power. I should imagine the rail sidings are for railway use and all who have cargo can use it for the benfit of the rail operator. We pay a use fee and rail services to Dar es Salaam instead of trucking it alllll the way there.
This is how all mining districts start out, the first there bears the brunt of the infrastructure and every one else uses it. HZM in Para state will have access to Hydro power and rail services all because Vale got there first.

So you would risk waiting for another 0.6p for 10 to 15p rise? You'll never catch the bottom but every day is one day closer to EISA.....

Given you are an expert in mine builds I bow to your greater knowledge.

Nothing will be acceptable to you other than EISA, offtake and finance. The last two need the EISA, so save us all the headache of watching your emotional outbursts daily.... You are becoming the same as EML tweets.... No amount of moaning at anyone that will listen will make the Moroccan Gov speed up their process.

So they have done zero work at the mine site in preparation for mine build.... None at all... Or you didn't read those RNS'.....

Really keeping this pegged to 3p.

One £225 sell all day... Trying to nudge price for down?

Hopefully flood up soon

https://twitter.com/Jkoozi1/status/1592472761754320896?t=AmcrfxZ-RAU6Ew05YdjDyQ&s=19

Kabunga in for $1m at Volt raise! Had to get money from somewhere. Selling pressure to ease?

Tanzania created new mining laws which are taking effect now. The free carry is not so much abot % but all the factors of the Gov combining with your copmany. Board seats, jobs for locals, using local suppliers/miners. Name of new entity and releasing a new longer length special mining licence. Africa is probably tired of getting raped of resources, many more are over hauling their mining laws to improve their return from their resources.
This new law is new to them as it is to the miners in country, only a handful has been agreed thus far.

FEED I am not sure to be honest what is required there. FEED I would presume was more directed at the build of the production facility and exact process used. That will be the concern of the builder, possibly Xinhai. Slight variations in process probably make little difference in the overall cost of a plant as you already have a strong idea of the system already.
Without doubt an uptodate DFS is required for funding, this is common practice and given costs in industry, rising basket prices and changes to infrastructure capex we will not be responsible for then very good reason to be updated. If they funded 2 years ago then this project may have failed like many did in the EV dip that desimated lots of lithium companies. I dare say the chance of prepayment has escalated a lot since then and puts less pressure on debt requirement, that debt more likely to be from different players than before as more sophisticated players are entering the graphite lending space that was very poor over recent years. Just getting debt from a bank was unheard of (words of BKT CEO). So despite the delays the market to do deals in and go mining is a lot better now for graphite. Bottomed out prices 2 years ago and less lenders versus new pricing highs and well publicised deficit incoming in short term (China has the lowest inventory going into winter shutdown 2 months vs usual 4-5 months) and way more interest in getting supply. Take your pick...

In Mizolgit's own words - Thought you had given up.
But no you are still here, to irritate, like a mosquito.