Member Info for AIMtodeath

I'm sure he'd like a good return someday!

Chinese 1-2years ago would have stiffed us offtake and finance, I'd suspect now their is other Asian, EU and US interest in offtake and finance. Deals this year will be much healthier than we'd have got in the lithium/EV dip.

Good things comes to those that wait.... Potential deficit this year and most market players defo think deficit in 2023. Built and producing I'll sit and double my money at the very very least.... But I suspect much more. The ISA has time on its side.

And how much money would Kabunga have made selling into that type of update with no real advancement? I'd rather he kept things close to his chest than post drivel like BRES until it can make a big difference.
The EV narrative has changed a lot, the graphite space current and future predictions has changed for the better, hopefully NPV will have increased on a better basket case even with Gov cut applied and maybe the project has got bigger in DFS, so discussions would be changing all the time risk/reward changing etc. Maybe we can get some prepayment changing the finance profile. I am sure there are a few parties either interested or involved together, best one changing as all the above changes...... That is why nothing has been declared, until its agreed there are a lot of changing factors.

Here I have some finance news..... They are in discussions about finance subject to the completion of all other things.... Sorted for you.

Errr see HZM, EML, BKT to name a few.... What could they possibly tell you about Finance that won't complete to the end!
I'm sorry you are not doubling your money on AIM every month..... And CEOs can click their fingers and make the world turn faster....

I don't know what people expect..... You can't have drilling news, assays etc every day of the week. So desperate for news they want pictures of a bulldozer moving soil....
This is nit an exciting time thus is the waiting for things to fall into place. The company no longer controls the output in that all advances now rely on timing with other outside influences. The Gov, offtakers and finaciers. They will come in an order and that order relies on something to happen first before the next.
Don't underestimate we might also be in a queue for advancement, the country looking BKT over the line first.
Since ML we have had to update DFS, thus i am assuming was a fairly substantial update, costs have gone up, basket prices gone up, maybe mine expanded/LOM and sharing of services/improved ESG with BKT. (if we want hydro power from the start we need BKT!) Hydro power will reduce opex and improve ESG, worth waiting for? Yes it is.
In that time things have moved enough we have a mine manager full time and very experienced, he has instigated the early works on site, we have been granted and have support to expand our footprint from Gov by being allowed to apply for additional areas whilst BKT are giving some of theirs up. They have plenty to be getting on with. DFS is probably complete if we have taken it to the Gov for approval and their agreement to partake (this is out of our time hands) whichvince agreed gets fed into the DFS calcs and we get to know about it. MB has put his hands in his pockets for £172k which is either mad or genius idea given some whinging here. Seriously think he would cough that up if it wasn't going somewhere?
We would all love progress but I look around AIM and there are loads of shares WAITING for lots of news with incensed holders demanding it more often. MB is not a lifestyle director on $300k+ a year like many whom delays just line their pockets in AIM. His return will come from building and probably selling to Chinese a few years down the line.
Waiting is the single hardest thing to do when investing and at the end it is slower to news than the start with lots of things to do and progress.

1. There was an RNS regarding MB as a director taking up warrants
2. He is not UK so does not have to report crossing 1% increments, but 1. is plenty to notify market
3. No there is no need to RNS exact warrant exercising if NON director. This has been done over the last 6 months several times and the RNS is a 'Block Listing' at the start of a month. I would expect one latest start of April.
4. However, maybe given the imporance of a warrant threshold being crossed it may come forward, though I suspect paperwork entered to exercise warrants and money arriving are two different things. Until the money is received and paperwork released of exercise they remain unexercised. This could take a week....
5. At the very least the block listing will show MB taking his and have to explain the result of the others whether taken or not.

As soon as that RNS was lodged on Friday MMs knew! They were bidding hard on Friday and still are today.... If they want shares it is because they probably think price is going up soon. They could also tell within their systems the warrant selling had ceased.... Think these people don't communicate??

Some clowns here!!!!!hahaha
Directors have to notify of sells!!! So no sells have yet taken place and there are no historical RNS' either showing that has EVER happened.
At 8.4% already if he was the selling type not sure he would want to load another 1.3%..... but to say otherwise is manipulative and can get you banned from LSE, so the next person without evidence says MB is selling your post I can guarantee I will have removed!

See RNS

News has been released and until those thigns progress then what do you want??? Look at the indusrty look at the competitors thigns take time.
DFS update has to be complete before offtakes and finance, because it determines the amount of offtake and finance is last.
You have just been told they are negotiatign with Tanz on their cut, well I would think this is now happening as the final draft of the DFS is complete and this is what they are presenting and then will factor into DFS update when agreed. Tanz is now moving forward at a clip and this should be faster than past especially as others have recently paved the way.
No rush to bind offtakes whilst market gets better and better. This improving market only helps finance especially country risk just got lower.
Licence extension is for the NON ML area, explorations areas run out fairly quickly, we had to renew the areas we previsouly had and they were recommended FAST...this is a good sign - Also that we have been allowed to expand our footprint with new applications is also a positive Tanz Gov sign of support.
Yeah progress mine when you still haven't negotiated finance....some people....in fact we have started ground works and requirements for ESG....after mine director arrived, which was always tied to progress, MB would bring the guy in full time once it was appropriate to....that is a CLUE!

1. The resource is high grade and high quality
2. Proven quality for large flake and battery use
3. Well balanced and basket with good large flakes (Tanz is one of the best regions in the world right now for good flake, soon to be a district)
4. One of the best mine Capex to NPV setups I have come across in ANY sector
5. EVs and battery metals on a tear and for the next 10 years expect fireworks

Nothing has changed above, this is a VERY financiable mine and one that will do far better than the normal 60/40 split thats for sure. You want a quick fix to SP MB wants the very best deal and there has never been a better time in last 3 years to be negotiating. BKM were binding 2 years ago during down time in EVs they are not financed yet. Everything will be faster now. I also think we are following closely behind BKM, some delays based on letting Tanz Gov take them fwd first like a test case before pushing through all the others. We also look to piggy back onto their infrastructure....if we build first we can't. Getting a rail link and all hydro power will be better in long term increasing ESG and reducing Opex LOM.....But mummy I want higher SP so I can sleep better....boo hoo.... 2 years mine financed and built and selling graphite is what I am invested for not a trade and I fully suspect to be well above 4p then!

Swirling around of late.... Lets get some facts out of the way and challenge some mistruths

Kabunga and Matt Bull parted ways due differences of opinion on how the company should be run. K wanted to dilute and expand and never get anywhere, just use it as a personal money spinner, Matt want sto build a guaranteed project using money wisely, he is not a lifestyle director......See Volt resources for splurging money about on multiple fronts. They were both at Volt Resources and Matt left Volt. They were both at Lindian Resources and Matt left there 2 years later. 2 other staff at ACP were shown the door as links to K.
Kabunga has used ACP shares and now warrants to fund his ambitions in Volt Resources and Lindian. We know last year he took a big share lump in Volt $900k and also funded Lindian at around the same time to tune of $300k. I believe there was a 3rd thing. )oh and just now is coughing up another $500k to Volt!)
So over the last 3 years he has sold all shares, Loan conversion and now the warrants. This must account in total for 8%+ of the company!! And yet for those holding over 3 years the price here STILL went up! albeit durign sellign periods retraces occured. Thing to note the agressive selling has been mainly ONE person exiting to put money in his own ventures now not part of ACP.
This has afforded MANY a grat opportunity to aquire shares in this liquidity. Double edge sword want price up but price kept down means more shares.
Many people are whinging we need news or they would feel better at 6p or they want to trade it and whingy because they can't trade out...... In reality it matters not the SP in the short term if you are here for build and EV revolution. If Matt massaged the SP and fed the market snippets to keep you warm at night or brought fwd some deals.....Kabunga would have doubled his exit money..... There is currently no need for an inflated SP right now and wasted money pumping it, until the final items come together safe all the gun powder for a big push....and after many warrants sellers have exited! Warrants are in all shares, mainly you don't pay attention, just here they are coming together with a news flow etc. They are a necessary evil. They mean ACP does not need to raise money before finance and sellers washed out now can't sell later when the price reflects the soon to be released news.
30.5m shares at 2.2p (10m circ left for Kabunga, Matt 7.8m and others 11.6m) 12th Mar
Kabunga has 5.5m 3p shares end of Sept
So Kabunga on last dregs of shares and WILL NOT BOTHER the SP again once he is finally gone!

Matt selling shares....... seriously he wouldn't be allowed with the negotiations he is currently having and if he did for him and family/friends, they certainly would have been pumping the SP or actually got news out to make them worht more....jeez. Matt had over $1m in Volt and Lindian shares no doubt sold down. He also sold a previous company, I don't think he is threadbare.

Improved basket pricing should swallow that 16% minimum I'd have thought. $1300 adds 30% to NPV.
Financing is usually last, you still have to see if you can get build pay later (BKT did and we are using a partner of Battery Limits probably so should be beneficial) and if you can squeeze any offtake prepayment (more promising than last year for sure), then after free carry we might also get some Tanzanian bank support on preferred rates before finally seeking outside finance.

They don't have a choice but to go to production. They would lose the licence otherwise. New areas are so ACP can find more high grade material to extend life using most profitable material. It will take maybe 6 months to a year to get the exploration licences and you have 4 years to explore, by that time ACP will be generating cash.

They will warrant potentially $900k 2nd week of March, of which MB is £172k.....think they are good for cash..... Then a month and a half later another wedge.... So asking silly questions to sit your narrative....

Hazbeen, The accordian effect of Covid and EV downturn is in effect on many companies. Those that have been delayed for the above will move forward more quickly and those moving now will catch up.

Tardis Environmental Studies do not stop at EIA, they are conducted throughout the life of the project.

Someone claimed the 2 x 250k buys on twitter

Wonder why you keep coming back....

If you don't pay attention you can miss out on these drops, once news drops you are locked out. Wait for 5% drop or lose 50% rise??

Yeah last week 200k is a popular seller providing good buy liquidity. Seems to be back at it again.