The only acquisition I can see TGR doing is of more projects/resources as well as land for production facilities in India. Otherwise I think talk of M&A is premature by at least a couple of years.
As you say MS, TGR will be a unique, well placed ex-China vertically integrated Graphite and Graphene producer - the appeal of which can only be understated at this point. I would recommend watching this interview with Mick Davis, link below, on how we are going into a transformational period of energy storage and electrification, which will mean massive demand for materials such as Graphite and Spherical Graphite - and if the composite is a success, our Graphene composite and other advanced materials - going forward. These sort of massive themes occur rarely, and the chance to own shares in a company already very well positioned for it like TGR is even rarer imo.
Looking forward to Annual Results, Vatomina mine module commissioning, news of the drilling and exploration programme results and much more - as well of course as the findings of the commercial application testing for the Graphene composite hopefully within the next 3-6 months.
I wonder if prices for possible new venues will be kept low, to FUL's advantage, because of the delay to the 21st June full re-opening? Excited to see if management can get some bargains for new venues.
Nice story F16 - part of my long term thesis supporting my investment (assuming they get all the approvals they need and going into production) here is also the consequences of the rise of Working From Home (WFH) - many many people do not own proper chairs at home to support their back while sitting which is what people do most of the day in front of their screens when WFH. Unfortunately (for people, good for a company like this) predicting a massive rise in back related problems in developed countries with affluent white-collar workers needing assistance in the future with their vertebrate that have been messed up from slouching in front of their work.
Agree with yours and Presto's sentiment. COVID is becoming less of an excuse to pardon continued delays as the year goes on, hopefully we hear more soon. Fingers crossed for TSP.
Just thought i'd share this informative video posted yesterday on Youtube weekend just gone - brining cashew nut processing to Ivory Coast seems like a very smart move by Lincoln - looking forward to seeing the margins that are achieved and the benefit to the bottom line.
I was going to wait to post my comment until after the market had settled but looks like there is still a way to go.
Fantastic to see the publicity in Questor which will help spread the word on TGR. Compared to peers without any production such as Talga and NEXT Resources, TGR is massively undervalued, and has a first mover advantage for ex-China production of Flake Graphite (apart from possibly Syrah but they have their own issues such as flake size, distribution and Mozambique related issues) which is the solid foundation. But the specialty Graphite production plant coming online H1 2022 is even more exciting - higher margin and more specialist materials such as the Spherical Graphite section of the plant for EVs, which I think stands a chance of receiving a major order/offtake and require an early upgrade, as well as flame and thermal control materials for application in industry/manufacturing - all of which will help the wider marker understand TGR is not a miner, but a specialist advanced materials company.
And then of course there is the Graphene-Aluminium composite (don't forget other products the company will be trying to work on as well) which is currently impossible to quantify. Any % of the global copper market the company can get its hands on with any successful application development will be unspeakably transformational imo not just for TGR but also for global industry, causing a realignment of materials used in all sorts of applications - let's see where TGR, Rolls-Royce and the other partners get with it!
Looking forward to the 9,000TPA Vatomina plant opening this month, taking us to 12,000TPA flake graphite (rising to 30,000tpa in Q1 2022), annual results soon, and results from the drilling and exploration programme to upgrade and increase our graphite assets in Madagascar following in July/August.
Good find - a great discovery identifying Rolls Royce as the Graphene-Aluminium composite development partner.
The above article in the FT brought me here - Tirupati Graphite holders were not officially aware until the publication of this article that the company was in partnership with RR. developing applications for its Graphene-Aluminium composite material to replace copper in thermal, power and propulsion systems.
"In May, London-listed Tirupati Graphite said it had developed a graphene-aluminium composite material that it said had conductivity similar to copper. The company is working with Rolls-Royce on using it to replace copper in thermal, power and propulsion systems, according to a person familiar with the company"
Hopefully the two companies are successful in establishing a copper substitute in several significant areas.
Company is in a good spot: selling products into markets (EV, industry, thermal dispersion/control, flame re t a r d e nts) that have rising demand and rising prices, has first mover advantages against some others which already carry larger valuations despite having no productions or revenues and some of which won't be producing similar amounts of flake graphite compared to TGR for at least 2/3 years - TGR also has its specialist graphite product division which will be powering up in H1 2022 with the funds for construction of the next development plan modules secured in April to expedite this .
Also expecting some left field news of a 3rd asset acquisition outside of Madagascar at some point this year/ possibly next year, on top of the increased resource update/expansion in the next couple of months following the ongoing drilling and exploration programme.
Then the Graphene side could throw this into the stratosphere if the company is able to develop applications for and monetise the company's new Graphene-Aluminium discovery alongside its development partners - I think this has global industry levels of potential....but of course more work needed on it to prove its feasibility etc.
News soon of the next module at Vatomina commissioning, bringing capacity up to 12,000TPA flake graphite, up from the current 3,000TPA. This will rise to 30,000TPA in Q1 2022 with the new module also funded by the April raise.
Here here Banan.
Well what a lovely way to end the week for ACP - thought I’d check in on the price and the RNS alert popped up - funny how timing works sometimes. ACP giving off very strong indications of confidence in itself, and rightly so. Good long weekend all.
JL, pretty much all mining operations that need an environmental approval process go through a formal certification with the regulatory body before being opened for public consultation - it has to be a coherent process, how could a regulatory body come to a conclusion within its own regulation framework and requirements (which in our case we have found to have met and been certified) while simultaneously receiving feedback from the public that could distract from any progress being made by the regulator - the public consultation adds to this process and it is fair to allow enough time for it to be properly addressed and absorbed by those wishing to contribute to the discussion around the project on the ground and who it will likely effect - it is a large document so no surprise the APA have decided to extend the consultation period.
Well, that's a positive step - let's get cracking with the FDA approval process
The things that is holding SAV back is of course the EIA and understandably. How many mines of significant scale in Europe do you know that have been commissioned in the last 10 years? Understandably there are environmental and social concerns that need addressing - most investors are aware of these risks, especially in a European jurisdiction, and classify them as such - until investors truly believe a Lithium mine will go ahead and be without risk of sudden changes like at INF in Spain (very different situation over there though!) then the sp won't perform. Unlocking the door to the whole point of the mine: solid cash flows, benefitting the European EV industry and the Portuguese region the mine sits in itself - all requires MdB to pass the EIA to effectively green light the project is what's needed, and it's getting closer by the day.
Subsequent funding and construction then becomes almost trivial given the strategic importance of the project and conventional mining methods required.
Wow - just seen the after hours placing announcement over at RBG, very sorry for any holders there. Something like a 40% discount to the closing share price today.
In contrast, Fulham Shore is in a good financial position without the massive debt that RBG has and without a crushing banking covenant. FUL is looking to expand its portfolio of Franco Manca and the Real Greek restaurants for what should be a summer full of pent up demand being unleashed with the success of the vaccination programme, and a great environment for healthy companies to exploit the unfortunate situation caused by the previous year and pandemic imo.
As much as i'm very bullish on TGR, just look at my posting history here, I don't think an OTC listing will have a big impact for now - but when we have any big news i'm of the opinion that the US investor exposure will likely make the rises larger than if we were otherwise solely on the FTSE standard listing.
It's stated clearly by Shishir in his comments in the RNS why it is a good idea to at least ensure the company has greater exposure to the American capital pools. Also i'd highlight what Shishir mentioned in his previous interview following the announcement of the new composite in which he specifically mentioned he had been in discussions with American industry figures about TGR's new discovery/creation, so clearly someone somewhere wants better access to the potential here.
Looking forward to watching the presentation this morning and will be listening out for any further insights into current operations.
New 9,000TPA plan should be on track to start commissioning this Quarter, my guess is second week of June - this will take capacity to 12,000TPA of natural flake. Come the new year this figure will reach 30,000TPA with the new plant aimed for Q1 20222. On top of this is the 15,000TPA specialty product plant, taking the total specialty products to 16,200TPA aimed for H1 2022 plus the graphene products currently being worked on. Exciting few months ahead imo!
Another project owned by the mentioned company in the subject line above has had its license revoked for its HREE project in Sweden this week. Along with happenings in Greenland already this year the West is kicking the can down the road in terms of delaying its access to Rare Earths at a time when tensions with China are peaking...Longonjo and Saltend are badly needed and soon in time to support the EV and decarbonised economy's demands.
Europe, especially Western Europe is not making it easy for mining projects to get off the ground. Going forward, the EU being the EU will want to make sure that extraction projects are models of ESG compliant activities, especially within its own borders. Timely and expensive, and until the Carbon Tax is implemented I don't see Europe making itself very competitive or attractive for private investment in these areas apart from major projects like EMH and Talga in Sweden.
For his flaws, I think DA is doing the best of a very difficult job. Comparisons with Australian mines that have been progressed to production since initial discovery within 4 years is deluded beyond belief when comparing to European projects unfortunately - SAV is the nearest to production Lithium project within Europe, and it's fortunate that Lithium is and will continue to be in massive demand to help decarbonise and move towards a Green economy. If it survives through the public consultation and the green light is given around August time then one hopes the pain will have been worth it for SAV holders, and production can be focussed on to start in 2023.