Member Info for AIMtodeath

Hindsight is a wonderful thing..... Certain news is so gap until next news and some news is progressive news and no turning back /waiting for next milestone. Finance into build is the latter.
Don't forget Kabunga has sold 4% of the company to market since ML.... that was not foreseen and has had a dampener on SP that otherwise would not have occurred under normal operations.
If you sell on finance you need to consider 2 things, has value been attributed yet in SP and consider it a de-risk because it may not drop, be prepared for it to carry on! Some people/iis don't take earlier risks and once fully derisked they move in if value not attributed yet, then market dynamics of EVs and graphite demand start to drive the value, not how far you have progressed project. As you are building to produce then value more directly linked to the EV battery demand narrative and what will be a deficit in 2022 and surely increasing speed of price rises.

Mine plans are already in motion, mine construction can start before plant is ready, as roads, plant site, pit preparation and dam construction can start.... Don't underestimate how far discussions for offtake and finance are already as they go on as opt DFS completed which has had more than enough time.

Someone pumped another share on the RNS misfortune here.

Running costs are very low for an AIM company and they have had warrants cashed during this time and there will be more before the month is out to fill coffers. MB also sold some investment in FMC.
Warrants outstanding before 13th Mar $900k

not sells

The news won't be the colour he is painting his bathroom......

The news into through this Quarter will be taking a company from an explorer to a producer status, if you think that is not worth more than 5p, I can't help you there.

nm

As usual everything they do has no actual figures...

You get one go at signing offtakes and finance, signing any old deal is not appropriate.....

If you took a just a fews secs to understand what is happening and what you can and cannot be told perhaps your outbursts would be less frenzied.

Have you not made money here in the last 2 years? Many people here are more than happy with their paper profits and the progression. You do realise mosy contract talks of any kind are NDA'd you can't talk about them until complete and they can't complete because you haven't finalised the opt DFS, which more likely then not is adjusted according to said contract discussions. You ain't going to create a DFS for x3 offtake agreements and hope one day there will be buyers, or 50% of offtake demand would be silly if you could sell more but you need to adjust mine plans etc to enable that output demand and then also ge tthe support of finance to that plan....etc

The renewal licence took just shy of 4 months so hoping that is a sign of things to come in newly found administrative zest....

You can't RNS news you don't have either....opt DFS must be fairly indepth (possibly major changes) to take this long. Driven by offtakers/market changes? I am sure discussions are well advanced of the offtakes and finance based on the direction of the opt DFS, so if it arrives first then the rest should appear in a lot shorter time frame, as the DFS sets the final output and costs to which deals will be struck against.
Project only starts being delayed when build isn't able to start until after end of April, until then build is still on target as it cannot be started before then anyway.

A little chess post on twitter

https://twitter.com/irene_sukandar/status/1481327758576074752

Decent entries today on volume, offsetting any desire of some still to leave. Maybe they will get the memo buyers entering and you are giving them shares. Imagine if you didn't sell what price they would be forced to pay!

They will be back, so load your guns, if he fires first you lose.....

CGO, CAML, BIDS etc all getting a lot of trader attention at the moment.

Few bid chasers too. Quite a few miners with recent rises are getting some downward moves. Some people are very frisky unfortuntely as none of the fortunes has changed amongst them.

I'll stick with chess then..... ;)

You are getting mate against your oponent and you still have your queen on the board..... Cheack mate is not far away...

In terms of mine development we are in the final vinegar strokes (like that analogy too?) in becoming a producer (bar build and ramp up to finalise it). Equally so can be seen in valuations, to bow out now when you see what next door can do in a SP when a few more hurdles are overcome is missing the real money. It is practically the same ore, of about the same quality and spread. They have chosen a bigger mine build from day one that inflates their NPV somewhat though, they may never expand past 200k tpa but they still needed $130m to get the ball rolling!. We designed the DFS in a time when EVs slumped post China subsidy cut and rest of world had taken up the mantle and demand and prices were lower, hence we focused on a cors high TGC ore body for a low cost high return mine. We could easily double production with the resource at hand and still start with $40m but for 3 expansions and a $1bn NPV.
The ex Director was selling for 2 years essentially, that has provided opportunity albeit pishing off holders when gains are taken down by a major leaver, so to enter in any voluem now at this stage at this price is pretty lucky I think. I was prepared to buy at 6.2p after ML as I thought selling was done as I still saw plenty of value there.

But silence..... As you said before, it could be BRES that harp on everyday on twitter with absolutely no effect as it is such hot air. Bleating on about tying down MOUs at the moment! Really? They might get a quick burp in price but fall back straight away as people wonder how they will pay for any drilling to actually get a resource big enough to show better economics, because PFS ain't going to do much if no new info is added. Yeah might have a 2bn resource but frm an £8m Mcap how they ever going to drill that? GRpahite space isn't Lithium either and no one interested in a billion tonne resource that is 10+ years away.
But I digress, there was a change in the running order post ML. We were not expecting an Optimised DFS and really all news to come requires that be completed so all the pieces fall into place and ink is dried on the plan. Unless they try to reveal some content of those changes, there is nothing they can tell us about other than obligatory news. NDAs means you can't tell everyone whom you are looking to offtake too or finance with because if you have competition you can reveal to the others etc. I dare say for this output and easy finance we will have a few suitors being played off against each other for the best deals, deals that one does not rush either in a time of rising prices and tight demand with deficits looming.
I am sure he can tell the world the deals and partners once they are in place and do the presentations etal. I also think the OPT DFS has been variable with a few options tabled/figures used and discussions with others is shaping the final output of the DFS.
So I would love news but can understand why nothing can be said or is said until the final DFS is agreed

A few decent buys and this will be 5.3s+ again in short order. MMs here don't like letting shares go easily once it looks like there is buying pressure.