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Commodities looking bouncy and AET's deal remains structured to significantly benefit the company and shareholders with an oil price going on significantly higher than forecast for the c.3 payback debt-only deal at $90+ vs the projected $75/bbl. Looking forward to the re-list and.......future deals!

Indeed SI - security and certainty of funding now and the confidence in the significant premium for conversion of these CLNs is a solid step. TGR secure these assets, the downstream will follow imo, as they will make the vertical integration model that much more compelling for support from government and financiers imo.

and that's the first anniversary, which then rises to 75p in between that and the second and rises again to 90p after the second anniversary, very shrewd and very good returns to be had with TGR growing its business rapidly imo

Nice RNS

Seems like Mozambique is looking very good - hopefully acquisition will complete soon now with the latest developments mentioned in the RNS.
Quite a smart solution to hit the required funding arrangements to ensure the acquisition completes and bridge us to profitability. Good pricing as well at premiums to today’s sp and the Mozambique deal remains majority funded by shares at 103p, putting to bed any doubts.
Onwards

Well said Skeletor.

The latest tweet is just a reminder of what has already been said via RNS, almost as a reminder and to help spread awareness as is the point of social media. Can't win or lose for some they tweet too little, others too much! This tweet also mentions how TGR's growth will put Madagascar into 4th place among Graphite producing nations, a nice touch imo.

Investor meet company and proactive should merge so they can incorporate IMC's style of presentation and interaction with viewers and use proactive's much larger audience each - there's a bit of cheeky M&A for you ;)

Spodumene prices for 6% lithium’s have reached over $7,000/t equivalent. In Pilbara’s latest auction for a 5.5% lithia product (what SAV is looking to sell) it achieved a price of $6,350/t.

https://twitter.com/lithiumionbull/status/1554618600815841280?s=21&t=Ayz7-yhzq4yGxTkZ4cnLuw

oops forgot the link! Here:

https://twitter.com/lawsjd13/status/1554117665731624962?s=20&t=wrB7Re7nBmhwPxpYTygOhg

Credit to James on Twitter for highlighting the numbers posted by M&P who own 20% of the Angolan asset we are aiming to secure part of, which shows for Q2 an average @ 3,947 bopd = $31m sales. Ave price realised across their oil assets in Q2 @ $112/bbl.
Looking good for AET so far in the 3 months+ since the effective date of the first published transaction if you extrapolate these numbers - cash into the company's coffers for the next deal, yum yum

Looking forward to the bounce back up and move further north to higher highs as the team continue to build out Ewoyaa with the next resource updates, and the portion of the project already funded to production with Piedmont. Excited to see where ASX takes us - will be a huge moment and could be the most recent example that ASX investors recognise value in a much different manner compared to those in London/on AIM.

Mention of building an executive presence in London around finance and project development, as well as Shishir's comment "to establish downstream and advanced materials facilities in the UK, particularly our discussions with the relevant policy makers and governmental authorities" sounds like TGR may be moving forward with a renewed plan following the TSG impasse and TGR's meeting with the UK government in March/April.

I do not think there is any surprise in the timing of all this following the recent publication of the UK's Critical Mineral Strategy - TGR is the only UK listed company in production, with a track record and able to rapidly expand production without needing a ridiculous amount of money for capex (even for the Mozambique assets), as well as having the capabilities to produce downstream products, although what that arrangement looks like vis a vis TSG is tbc!

The advanced materials section sounds like the UK may be about to get another Graphene centre - great news to bring things like the Al-Gr composite and our other Graphene products closer to more researchers and advanced manufacturing specialists etc imo.

MdB's concentrate will not just serve Portuguese Li refineries imo - the project will help supply refiners in Northern, central and maybe Eastern Europe as well. Possibly it could supply some UK refiners - possibly be an example of collaboration in a post-Brexit world etc, and Portugal is the UK's oldest ally. Either way, I restate that the strategic importance of SAV at this point and MdB cannot be overstated enough and any strategic partner will be extremely fortuitous to get onboard if the project receives the green light.

GLA

Exactly Cham....

I reckon the most value to be had for all stakeholders is in a situation that keeps SAV a European owned project - demonstrate the continent is able and willing to walk the walk, not just talk the talk and keep value on European markets and benefit the local communities and populations the most, who indeed need an economic revival.

Thanks rivaldo

What CPO price are they using in their forecasts?

I want the company to re-list in as strong as a position as possible and am glad we have such a high quality BOD capable of making deals...as time goes by more money is coming into the coffers effectively at very good prices beyond the forecast prices required for the payback period in the deal presentations = faster payback + greater flexibility for further deals. No concerns about the re-listing date myself, but this side of Christmas would be nice (obviously expecting it to be more like August/September)...unless of course another huge deal can be found and clinched ;)

This is possibly another opportunity as was presented by the misunderstanding of the EIA update imo

oil? This is an early stage Graphite development company seeking to develop its Orom-Cross project in Uganda. What's oil got to do with it?

Indeed, not sure if it’s a new case but if it is it would appear almost like a reaction to the recent EIA update, perhaps a renewed effort essentially in response to positive progress being made towards the project getting off the ground.
There’s always some who seek to prevent progress no matter where you go.

As readers know I’m v bullish on TGR. This article linked below lays out the macro case for Graphite quite clearly and suggests a deficit may be upon us as soon as this year. That’s good for Graphite pricing and for projects like TGR’s which are modular and can be built to meet demand with reduced operational risk unlike others yet to demonstrate production capabilities and are still several years from meaningfully doing so

https://www.mining.com/web/graphite-deficit-starting-this-year-as-demand-for-ev-battery-anode-ingredient-exceeds-supply/

GLA

It could make sense for Ewoyaa to be developed asap so that it’s operational and ready to supply what it will owe PLL (50% of output from memory?) at the full rate and obviously it takes time to ramp up production. There’ll be plenty of demand in the meantime between commissioning and PLL’s readiness I’m sure?