Member Info for AIMtodeath

They are in the process f creatingan updated DFS that will be needed for finace (you cannot drag out a 2 year old DFS and expect the figures to be financed). 2 pieces that must be sorted to put into this is the free carry confirmed (current discussions) and what amount of infrastructure that they will not have to build now based on the financing of BKT (which has been grinding on for some time now!) Updated pricing for the basket is a given, $1300 to $1500 even possible as BKT are using $1700 for 98%.

David since mining licence an ex director stated seeking his stake down. Add to that warrants he took and CLN conversion, you are looking at up to 10% of company. That has put constant pressure on SP. He regularly puts money into Vokt Resources and Lindian Mining using ACP shares as the source of those monetary infections.
His latest injection was $740k into Volt and they have just announced another capital raise! So U suspect these 1m share sells are in response to that.
F... him, he is getting peanuts for his shares.

There will easily be a 20% uplift in basket price if not more on updated DFS.

Exactly if goes to plan.... Like all mining companies timelines go to plan...

You have no idea how long a Gov dept will take over EISA. EML 2 years for EISA and counting and the Gov are supposedly super supportive.

If there is one thing I have learnt in mining this last 4 years.... Nothing goes to timelines when Governments are involved in paperwork.

And I rest my case.....

This is the news really, nothing had changed.

Don't forget ACP has done all the hard yards, drilling, drill reporting, testing through FEED and CIRSO, Scoping, PFS, DFS, mining licence and EISA. Those are news rich and high risk times, so not much going on to shout about other than what we already know. There was 10% sold off by ex disgruntled director in this time since ML so any pumping for pumping sake would have lead to them getting more for their shares and sold back down. From what I've been told the PR powder is being reserved for the final run up to finance, when Gov carry sorted, offtakes in place and what should be a good price environment fir graphite.
This PR will accompany the final jigsaw pieces and be much more effective when there is something new to shout about. During the fall in macro market other graphite plays were tweeting everyday and doing presentations, their falls from SP high were 65% and 82%....ACP was 75%....none of this really saved them from macro market selling.
Time to get broker reports, magazine articles and do presentation tours is when the finance is in sight, be wasted now. Albeit might make people more warm and fuzzy but I'd rather see it deployed with accompanying news, not to fill time between news.

Bunsen,
Once Gov agree terms for free carry that can be fed into updated DFS. This involves not just the Gov carry but board members, use of local employees and services etc plus setting up a new entity and wrapping up the licences into a special licence.
Concurrent to that BKT are ahead of ACP and once they sign off on finance it is safe to assume they will build out certain 'public infrastructure' that will be used by the local population and by other mining companies. This is paved roads from the area out to the major highway for transport to port and for cheap ESG Hydro Electric power. ACP can save Capex by not building all the roads it would have needed if someone else didn't pick up the bill. Plus ACP was only expected to have this hydro power for Stage 2, looks like it will be ready for Stage 1 now, helps ESG credentials and possibly reduces opex.

Gov % appears to be in final odds and ends (a lot of companies are in this position due to recent mining laws taking effect so all new to Gov aswell) and BKT finance been suggested November.
Plug this into updated DFS which I hope they make the project bigger or longer as they have loads of material to do so.
Best case they are ready to build summer next year, production 24, worst case finance sorted next year but build spring 24 and production in 25. Only 12 month build. BKT is 18 month so that extra 6 months behind them allows for the roads and hydro to be in place.

https://twitter.com/SpokespersonCHN/status/1588187829896871936?t=Wln3sxu-rg82sRRvdcpBWw&s=19

Chinese looking to corner Africa's resources from under the West's gaze.....
I suspect Chinese funding and offtake is highly likely.

They could easily post a $1bill NPV but wasn't realistic 2 years ago.
BKT capex for just stage 1 is over $100m, BRES $62m, ACP currently at $40m (new prices to be factored in and infrastructure savings)
ACP FOB $400

BRES will be mining sometime after 2025, but lots of hurdles to overcome, DFS, testing, licence and EISA. Getting funding now will not bring that date forward just help it and you do not hold the aces in negotiations to seek funding this early.
ACP needs to confirm the Gov free carry, get clarification on infrastructure (BKT will build roads and bring hydro electric power to area, but only confirmed after they sign off finance) and update DFS numbers for those above, new costs and updated basket price. There are no obstacles in licence or EISA. The economics are very good against peers and product testing has been good. Recent Moodys upgrade to B2 + will help (Uganda last Fitch at B+) so finance will come just not the same way as BRES.

So it is not like for like and not onebetter tgan another, just different strategies and nuances in size, shape and figures used for projects tgat take a little unravelling to compare at all.

Dude are all BRES investors brainwashed?

You are NOT getting project funding, you are seeking funding just for the DFS with potential to further fund build (important difference), which will require DFS, mine licence and EISA. what are you paying for those other 2 with? That is 2 - 3 years expenditure at least. You do realise that you won't be mining for 4-5 years minimum. (2025 is hopeful but will slip)
If you want funding risk 4 years ahead of build and mine licence and EISA you can be assured it comes with a lot of bargaining power from the funder! Anyone can take these deals but only those that give themselves fat options to do it even though that is what their salary is for! This will get you places but will cost you. And if you are given a timescale then they are cornered into meeting that time, what if what is on the table is not preferential, just take it? ACP not struggling for finance they could have signed any old deal, but MB commitment means he would be shafting himself given his holding.
We will all watch in anticipation if this deal comes before Xmas and what arm and leg it costs you. Giod sign what the market will accept. To note BKT next door taking 2 years to sign finance with likes of POSCO as strategic partners and arguably one of the best projects worldwide on grade, quality and economics! Ask yourself why... because they are not bending over!

This 2% quoting has got to stop... It is an imaginary figure, it is not drilled or proven! ACP is using 25% of its current JORC drilled resource. It is open in all directions and plenty of undrilled targets but until drilled they do not count. BRES will have an expanded inventory one day but it does not make it economical nor usable until proven. 10 years they might get into proving up a 50 year project but they cannot do it now. Doubt they'll be using graphite past 2050 anyway so even if you have 1000 years of Graphite doubt economical after 30 years.
So you can see why stating 2% sounds silly?
Technically ACP could announce a 60 year project with their 100% drilled resource but you pick a DFS project on what you believe today is economical and can be sold.

ACP current NPV is 10% discounted be aware when you see 8% as in BRES it is not 2% difference in NPV.... It makes a big difference.
ACP used $1112 for basket back in the low prices, this will easily hit $1300 and adds 30% to NPV, however BKT next door with amidst identical basket now using $1700! As they feel they can regularly supply 98% material so even $1500 is possible for ACP to use, testing showed regular 97%+ but not pilot plant testing so won't be able to quote 1700. But I'll take 1500!
BKT are ambitiously looking to expand 4 times and run 30 years so they have NPV $1.5b but they might not get past 2nd expansion, ACP is a conservative project that was envisaged at a time before graphite went mainstream so potential to use that extra 75% resource to lengthen mine time or expand to 3rd line and supply deficit ma

https://twitter.com/aosmantz/status/1587850272365330441?t=-VQS3mK3ItgsEfhzZsF1Vw&s=19

CEO BKT post. First out of the blocks in under developed region is you bear much of the infrastructure cost and others BENEFIT! In Brazil HZM will benefit from the Para region development by Vale etc. Railway lines and Power lines in place in the region that they can access.

This will lower long term opex and improve ESG.
I hope they all band together eventually and build a railway siding to do much of the journey via rail than road.

Maybe he has better things to do on a Friday night than answer your stupid questions....

I doubt he will bother replying now you have been ****y.

I bought some at 6.2p if that helps!
I certainly expect to see a profit from those as well.

But boy that seller is annnoying.....

Believe me I don't want to be here......but it is what it is...

Do you often exaggerate? 2 years really? People were saying that at 6.2p Sept 2021? and saying that in the year before as it rose from near 3p?

Well I've had another 200k shares....had to break it down 100k, 50k and 50k

Never did I think I would be buying 1.4p shares.....

The reason some posts might be deleted are
libellous
defamatory
lies
posting price targets without detailed research to back it up (works up and down but people do not tend to report upside targets)
Disruptive
Try to affect the price

These are things a certain person does on a regular basis (or when I could see them), so it is not unusual for them to see their posts removed. There are laws and the website needs to protect itself and other users from posts that infringe said laws.

Ask it another way. The licence areas that ARCM had rights over and now to be part of the JV, are they all going to be intact?

All licences are going to be pulled into the JV and the JV won't lose any ground/licences?

Is it a secret?

??