Member Info for AIMtodeath

Financing is the final piece of the puzzle, there is plenty that can be said and released before that.
Finance waiting for better build up news is no big issue and we have until end of Q1 to start build so better to get the best deal as graphite space improves through this quarter.

ACP will not require such complex PI ball breaking finance deal that is for sure.

Looks like someone over on Twitter has been deleting their tweets.....we saw you!

And you did, you got both the CSIRO confirmation of battery grade and the FEED part 1...plus mining licence.

Finance was marked end of year, plenty of other stuff to come out first....

https://investinghaven.com/forecasts/graphite-stocks-forecast-2022/

https://twitter.com/LithiumIonBull/status/1462446280458784770?t=ckWMnPFUvZgDp_WG78YwVA&s=19

No.... Both I assume were instigated post fund raise at the end of May this year....so they have been ticking along for a good while. Possibly CSIRO has been slower due to lockdowns in AUS as that is the testing location.
DFS was complete, this is optimisation that one would do to plug in more uptodate costs (final build of processing facilty design) post Feed pt 2 and EPC contract. Finance will want final costs....just like HZM did an update on input costs etc. Everyone should expect an increase in capex, so they don't moan come update because they forget inflation is happening! BUT with a basket price of $1112 set at the lows of 2020 with current prices I suspect a more peer friendly basket price of $1300+ which raises NPV by 30%! will more than shadow any small capex rise. Heck if they expand a 3rd time due to offtake demands it will blow the doors off!

People have poor expectations of international markets, brokering deals across continents and finance of mines in general, coupled with emotional reactions to paper profit reducing and or losses and scream and shout on BBs...as a result

If you haven't been following Hazbeen, old shareholder has easily dumped 30 mill shares into market since ML approval! Cash call of $700k AUD on another project needed paid for has taken its toll plus a few bed wetters and traders have quit for greener pastures/rainbows....

Just like HZM will be one of the top 10 Nickel produces in the world and has a whole Nickel District yet has taken 2 years to get financed albeit a farrrrrr larger capex..... And you want one completed in 2 months when clearly 2 important tests have yet to complete Feed Pt 2 and CSIRO pt2....?? This starts the ball rolling in 'finalising' offtakes and finance. You also need these done to finish the optimised DFS which ANY lender will want the most uptodate figures to lend on!
Ignorance of the pipelines and expectation you have created are all you will be dissapppointed in.

If ACP needed a $1m dollars they would just sell Forum shares! They were valued at $1.4CAD back in Jun.

But they had $690k in cash at start of July and warrants have brought in $207k since then, so $900k in cash. Forum sales have taken place so put cash at over $1m. Facts!

There is NO PLACING! FFS... Guy is deramping for giggles or to try and squeeze out a better entry price!

And you feel the need to bleat constantly on the BB that it wll go to 4p.....no motive at all for that??

On the brightside you could have bought at 6.2p! You can never catch a bottom unless you are very lucky. If news had landed this week you'd have hailed it a success!....

Why would it be warrants? News flash it is not a requirement to sell a share to buy a warrant......

More drivel from Lambo it is capex vs NPV and high IRR that sets companies apart when it comes to lending. Keep clutching at straws.

UTTER TOSH.....the company is well funded!

3.25p warrants are end of April next year, there is no rush.....but what I was getting at was that the ONLY time you NEED to sell to exercise a warrant is IF you don't have the money to buy them, or a tax implication of converting them you need to pay and don't have the spare cash.... otherwise converting a warrant does not automatically mean someone has sold to buy or sold when converted. Right now you would be nuts to sell to buy with so much news to come before end of Q1. You would hold off for higher prices....equally you would not convert until you were real certain the next phase was locked in...however buy them or lose them.....

Time to buy into a distressed price as new money comes hunting for bargains!

https://www.indmin.com/Article/4017117/Graphite-LatestNews/Flake-amorphous-and-spherical-graphite-prices-surge-on-high-costs-and-solid-demand.html

Sept 2020 - https://insights.fastmarkets.com/new-energy/chinese-894-prices-rise-on-tight-supply-european-sentiment-softens/

Last week - https://www.indmin.com/Article/4016159/Tight-supply-supports-further-price-rises-for-larger-graphite-flake.html

Jun 2020 ACP had a conservative basket price of $1112 significant price increases in graphite points at a much improved basket price, BKT basket similar to ACP using $1300 would raise NPV to $524m circ!

Happened in HZM 3 times, JPM, City Financial and Richard Griffith. 2 distressed sells and third was a position change. All 3 put heavy pressure on the SP at the time, many grabbed big positions and well in the money now. SP bounced well after each was finished.
Same position here but this is less liquid, any buying pressure here normally moves the ASK very quickly to have the gift of a seller to buy into means you could grab a substantial position for little rise.
Golden opportunity and the clock is ticking on news!