Member Info for Gallmat

Do you have a way to guesstimate the resource based on results. I would be happy to learn more

It has been in investors chronicle, Sunday papers and on funky finance (you tube). There is a good following in the market we are all just waiting for news.

Not sure why are people selling 2 days before a voluntary investor update, seems nuts to me

Honestly who knows.
Management could be hedging downside or they could be signalling their belief in project, willing to forgo something to get deal over the line.

But standing back, 4 big drill ready targets for current price of arcm. It is surely worth current price, so I think deal will be done.

The board will be banging on about the scoping study as a baseline for valuation and that should underwrite current shareprice. We might not get a massive offer but if price is higher than 7p, on with me

They will only extend if there is something in closing stages, and would word rns apropriately, so I am not worried re extension.

Rothschilds would not come in for a simple sale, board could agree a price. Most likely it is structured deal and more detailed and that will have some haggling and back and forth.

Also in my view even an ok deal is fine. If we can floor our shareprice around 7p and retain an upside kicker I am happy. I don't need this to double or triple, just have some stability while someone drills.

A free call option is all I want.

In an old video remy already stated first quantum had been on site, as had the Chinese.
It is a logical buy for them for sure

When I put positions into an isa from my share account, they needed to sell it and buy it back at virtually same price so a market transaction can be demonstrated. Could be something similar (tax related)

I purchased a few k, enough to get it moving:)

What do you think about management here?
Economics seem good

Do we have an idea of basket composition.
Blackrock quoted it in their presentation with prices. Do acp have an good mgmt team who could think about doing the same thing.

Actually what is your general view on mgmt here, as it is very important on aim

Honest question

Where do you guys source market price for graphite?. Any useful websites, do we know product mix?

They can always just spend a bit to keep people happy say 1mil. No reason to go all in

Probably just a cheap deal like they said.
Even if we are focused on zambia, why not spend a couple of million drilling there, we should have 25m+ fcf.

Sounded like anglo have one area and we have another. Which would be brilliant if we had some cash and ability to drill out an anomaly ourselves.

4.24
Sounds like there are our areas and theirs :).
He looses his composure after he states "our"

Did anyone notice I the call when speaking about the airborne survey nvs says " will cover our areas". He then stumbles a bit and recovers.
Why would you use language of "our areas".
The license Is all ours so it is a strange thing to say.

It really feels like nvs is being ultra cautious in the last IC trying not to give info away.

There is also an interesting phrase Remy uses in the IC. " that is why we are going through the motions". I think they know full well a big deal is coming and the plant study is for leverage more than anything.

What. You think you can call up rothschilds and ask them to pop along for a no win no fee. I worked in investment banking.

Sure if you wanna say turn up for a big fee ( and then in it a maybe)

Having worked in investment banking for 20yrs, monitoring trading desks at both the companies he worked for I can tell you these guys are hardly idiots. Any idea what size bonuses these guys get :).
If you think he is in need of a few quid think again, best minds from Oxford and Cambridge would struggle to land his role

One thing. In what world would you not be interested in 4 anomalies the size of sentinal mine for 66m quid. It is clearly worth current share price. Where else do you have such big prospects.

Aa could spend this on exploration and not even find anything :).

That is why you send samples for testing :)
And they design the flowsheet