Member Info for Glengarth

forgot this link:

https://www.miningmagazine.com/supply-chain-management/news/1439565/eu-announces-critical-minerals-act

We've been waiting a long time, but the climate to spur action continues to develop and improve. Increasingly the issue of dependence on overseas actors is being regarded in light of the Ukraine conflict as a major issue. With the EIA progressing and greater awareness of European bureaucracy, I remain confident Savannah will help Europe transform its fortunes and help develop and be a part of a huge EU-wide domestic industry as part of the Li-ion supply chain.

Thanks Dee

Evolution Energy Minerals, Walkabout Resources, and Volt Resources have other Tanazanian projects worth keeping an eye on

https://twitter.com/Tirupatiuk/status/1569247684044767234?s=20&t=isBkrlbaHNeE_NbANzLIVQ

indeed an official Tweet has followed to clarify. Still think an RNS would be better and make it properly official tbh.

"We are deeply saddened at the passing of Her Majesty Queen Elizabeth II. As a mark of respect TG has decided not to announce any news it is not bound by regulation to report during the UK’s period of national mourning. Our thoughts are with the royal family at this time."

I am glad TGR is happy to demonstrate its integrity in this respect, but official RNS with all information included would formalise it imo.

Whoever advised on the writing of that RNS needs a boll'king lol

Some development to announce before results so it can be included in post year end developments of the results?

Some activity of some sort taking place?

Atlantic Lithium looking like a strong few weeks ahead - major value to be unlocked here with the significance of the asset and portfolio in Ghana becoming more and more apparent by the week to a larger audience

We would like to see growth in sales, revenues, maintenance of high margins, and forward guidance for this FY, which we can use to forecast extrapolate figures at higher levels or production and sales out of Madagascar. 6 months left of this FY to feel the benefits of the current 12,000tpa operation and however much of the 30,000tpa is up and running (new 18,000tpa module due this month, which they’ve said will take 1 quarter to ramp up).
News also to come on the downstream operations and relationship with TSG etc and establishing a presence in the UK/Europe plus new hires of directors would be welcome

If they can do another similar deal, primarily or wholly using only debt then eventual first dividends stand a chance of being above the pre-suspension price imo

ALL will do wonders for Ghana's balance of trade

https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-shishir-poddar-executive-chairman-tirupati-graphite-2ebe060/

Shishir sounding very confident in this interview

SI you raise a good point and one that I did think about when reading the RNS - if Mozambique deal is unsuccessful that will be rather annoying given the length of time it's taken to get to this point, the work to date, and the quality of those assets...

This is great news - if TGR successfully proves up these new areas on top of its existing tenements in Madagascar in which it is an expert in operating and has good relations with government and locals, then this will raise targeted capacity from 84,000tpa to around 120,000tpa with an end target of around 200,000tpa judging by Shishir's remarks out of Madagascar. TGR aiming to become a regional/global heavyweight. Modular expansion will increasingly enable this with the reinvestment of profits from ongoing operations to fund future work. Combined with Mozambique(?) these assets may be able to supply the high value downstream operations targeted for the UK, India and perhaps US. Excellent work TGR, keep it up. Let's see the 30,000tpa milestone reached in the next few weeks!

GLA, DYOR

I yield to your superior knowledge of all things mining and inferred from what I said ;)

AIMtodeath - look at many players' plans for developing their Graphite projects - quite often they are laid out in stages to grow in line with demand, firstly, and to take graphite market mechanics into into account as and not to misjudge the market as Syrah failed to do initially. Often studies are done in advance of needing to bring on the second stage(s), so yes, actually it can be easier for a company with a working mine, cash flows, customers familiar with a particular operation's output, and infrastructure already in place to feasibly expand its operation much faster and cheaper than it takes to establish a whole new operation and supporting infrastructure etc: not a crazy concept to wrap one's head around - Jesus wept! Secondly, with graphite, it is not simply a matter of replacing one mine's graphite with another's - there is flake size/mesh distribution, geography, price competition, and yes grade that is all taken into account.
Lastly, wasa we've spoken before on here I think nearly a couple years ago now, and my comment was not a swipe at you, but anyone who really thought construction would have started in May this year, regardless of Ukraine was being foolhardy - what customer qualification had been done, or genuine offtakes arranged or even pilot plant or notice of financing announced to support such a notion is beyond me. Look at the timescales BKT has taken with its customers and the stage it is at.
Not trying to touch any nerves, but it does seem all on both sides of the debate here are a bit touchy today.

Saw 44 posts in the chat for ACP, thought might have missed something nope lol. Indeed, value still in place but as mentioned those suggesting ACP would be on it way building by May of this year should feel ashamed of themselves whoever they were at the time. Based on BKT's experience, and as also seen suggested elsewhere ACP looks like it won't break ground until 2024 at the earliest, maybe 2025 unless customer demand truly goes through the roof to build - why wouldn't current consumers just ask others to expand operations in incremental amounts than build a whole new mine? much safer. Alas, we shall see.

The Nickel was a distraction for BRES imo. Must walk before you can run etc. right move made here with this deal termination as the realisation of the difficult market situation must have been had.

the sp went from 23p to above 50p in just a couple of weeks recently - TGR is undervalued as it is in my opinion and will be recognised as it continues to deliver on its goals so I personally don't think the journey back to previous ATH and higher will be too difficult imo if targets continue to be met. DYOR. GLA