Member Info for AIMtodeath

Some warrant holders screwed the day up.... boo

Be interesting to catch out the trader sellers at top of range, there will be some, but they could double their money if they can hold their fingers off the sell....ha. Some sellers today in a few large lumps but not many at all.

In modern English, at the time of the trade it was above a 4.4p ASK and the reason why we ended up with MMs desperate for shares and little available to buy.
We like Mr/Mrs/They/Them today, I hope they come by tomorrow.....

Anmo,
Negative DFS changes to NPV -
1. I am not sure we will be pricing the long term spod conc price at $685, I think this will be revised down to $600-650 to be more realistic (though I have seen reports suggesting we will get a new mini spike at around 2023 to $785 before dropping to the $600s out to 2030 as the supplymarket matures) - this spike will be perfect for our 1 st year with the lower yrs 1-4 C1 whilst we ramp up.
2. New environmental controls could raise out overall mine cost so per ton addition across LOM

Positive changes to DFS NPV -
3. The mined material will be bigger (JORC increase since scoping 14Mt to 25Mt resource), so even if profit per ton is lower (due to 1. above) we will have mined more material so more profit overall.
4. Output a year is up from 1.3mt to 2mt - so savings could be had in greater throughput
5. Possibly....according to the latest update the 25% less material may be processed due to early rejection of non useful material - means less cost to get final product if you are processing less to get it. $/t savings
6. Already 50% not shipped to China - that means 50% over all material will save $34.43/t!
7. This above might even extend to the Maia storage facility with reduced costs there too
8. More testing may result in better recoveries - the higher the recovery for same processing the better
9. By-product work has shown that instread of a flat $39 for all by-product credits we have by-products now worth $45-$100!! nearly doubling on ave the credits (this will require $15m extra in Capex to take advantage of though)

So I definitely believe the C1 cash costs are going to come in lower for sure, it depends on the selling price drop forecast as how much that offsets the new savings.

Scoping had $34.48 for shipping costs to China. Looks like that is an instant saving on C1 cash costs for every ton not going to China. So all Galp supply should cost $34 less to deliver. I have asked about the storage, if sent directly to a refiner then we don't need to pay ofr htis, but may be our main storage for wherever it goes. Still $34 not to be sniffed at as a starter.
25% plant reduction in material savings and by-products could be a real biggy if they design plany for them. I certainly do not see an increase in C1 costs come DFS but a reduction at this rate.

Our Spodumene will never go directly to a battery factory, it will go to a refiner.

Frutsel - in a nut shell.

AA used to own these mining concessions, 7 of their top 10 best prospects are contained within these concessions..... Majors have a habit of letting stuff go during downturns only to realise they now need it!
So AA got 'exclusive' talks..... DD first, Technical next and have moved to 'Commercial Terms'..... ARCM has other talks on hold because of the exclusitivity!
ARCM just appointed Rothschild for financial advice...... Rothschild's don't get out of bed unless it is worth it....
Copper going nuts, big deficits ahead....

So ask yourself how does this story look? Bottom line not all deals take place, but we have other parties interested and in any case looks like ARCM will be doing some mining of its own in the near term, creating an income stream.... Good case to just own ARCM, t/o certainly looking the right side of likely given the progress and above.... Price higher than today you can bet on that!

The Germans are coming....haha

3rd plant 'maybe' in Portugal! Portuguese need to get their finger out....

Just joined as they talk about 'vertical integration'!! NICE!

MMs very much more confident to sit with voluem ont he BID now, when we were sub 4p they were very shy about putting too much on there, now they want the shares!. A rising strong BID suggests they are actively wanting shares and not afraid to take them.

Not there just yet, but seems the selling is not so consistent....however could be taking a break so they can sell down from the 5p. Still healthy if they can be churned out regardless.

It will come.... from what I have heard the mine build is very simple using simple non environment damaging techniques...... it all needs rubber stamped anyway, but there are no unusual or delicate topographies etc and no nasty mine outputs to worry about. It does however rely on African Adminsitration!

https://www.dw.com/en/eu-presents-new-strategy-on-critical-raw-materials/a-54806176

The strategy will set up a "European Raw Materials Alliance," comprising of industry stakeholders, the European Investment Bank and representatives of EU member states to help secure and diversify raw mineral supply chains. The Commission also said it would work with member states to identify mining and processing projects in the EU that can start work by 2025.

https://www.dw.com/en/eu-plans-millions-of-e-vehicle-batteries-jobs-by-2025/a-56857936

The bloc is currently investing €20 billion ($24 billion) in 70 projects within 12 member states to ensure battery independence. This includes the securing of supplies of key raw materials such as lithium, nickel and graphite.

To be honest it appears the same story with small changes.... many media groups are owned by one unit and stpries can be published across them all. Some just quote the original source. But not complaining that the name is put out there more.

UT trades are done immediately preceeding auctions that occur throught the day and at the price and value of the participants that crosses over. It could even be above or below the entire spread.
Auctions occur at 7.55am(8.00), 8.50am(9.00), 10.50am(11.00), 13.50(14.00) and 16.30(16.35)

17:05 transactions are neither buy nor sale but a transfer/balancing act by MMs or some other swap at MID price..... But did not occur during market trading.
MMs unfairly dropped bid from 4.2p to 4p rather than the 4.1p they had before. They were still offering 4.16p that they had when the bid was 4.1p. So it finished slightly lower than could have.

Held on behalf of clients that have been top slicing probably

That includes sells too I should have put.