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Thanks for that SI - great to hear the TGR technicals are now matching the growing positive fundamentals for the company and the graphite market/industry as well. See this recent Credit Suisse note if you haven't already, v bullish for TGR.

https://twitter.com/Alastai85608932/status/1513740933816328197?s=20&t=MfZpUJTerdXzkyv0DXM4Fw

GLA

missed something? 10%? Not at all. Not even worth thinking about if you've been paying attention. If you haven't been paying attention over the past 12 months you've missed a lot.

ASX/TSX companies with 0 production, months and years away from construction with valuation circa £200m-400m; it's clear as 1 of the already largest ex-China producers TGR is very undervalued at only £60m. Not getting too excited about short term sp movements but it's clear TGR should be MUCH higher as a graphite company actually in production about to expand to 30,000tpa and 4,800tpa downstream at Patalganga with much bigger plans by 2024 of 84,000tpa and 35,000tpa respectively of primary and downstream.

DYOR. Good luck all.

Was about to comment as well Hospi

https://northvolt.com/articles/aurora-setubal/

From the article this line segment stood out:
"As part of the JV agreement, Northvolt will secure an offtake for up to 50% of the plant’s capacity for use in its battery manufacturing.

The JV partners are unwavering on driving the highest standards of sustainability, notably in the extraction and concentration of spodumene, the processing of lithium hydroxide, as well as in all related processes."

I think this represents another move in the right direction for Portugal, the EU and ultimately SAV.

Rather than speculate rather pointlessly on the short term movement of the sp (also v boring while we sit in this accumulation phase) which over the past 6 months has been almost wrong every time and has suffered from block selling into most rises (by seed money?), I’d rather focus on the underlying fundamentals for the graphite market that mean TGR is ideally positioned for growth in contrast to many of its peers.

https://twitter.com/alastai85608932/status/1513740933816328197?s=21&t=4olAH1I0ZNZpGIN_VeqFxQ

The note released by Credit Suisse yesterday highlights how important graphite is likely to remain for the foreseeable future. As the UK market’s premier Graphite listing and one of the only ex-China current producers with a downstream business to complement the primary division that are both expanding rapidly, it’s only a matter of time investors clock on to what makes TGR special imo.

Compare the market caps of many ASX/TSX listed graphite companies with no production which often are between £150-£500m compared to TGR’s £58m and the value disconnect is obvious imo.

Indeed - despite lower than hoped for production levels, financially DKL has still improved yoy for March.

Couple big developments imo -
1st, DKL has now gained access to international buyers and higher prices - if this arrangement is sustained when higher production levels kick back in then that will mean DKL will be extremely well placed to continue to break its own records.
2nd Cashew project is now getting to a point where the constant delays are behind us - yes it's been a completely ridiculous delay to get this project started, no idea if management have sought compensation in some form for the delays, but once this is up and running the financial profile of DKL should completely change, and that is now looking like a matter of weeks rather than many months away

PP - TGR is producing and expanding rapidly and also has a producing and developing downstream business (v valuable worth further research) plus huge potential blue sky value because of its graphene business which is developing its novel Al-Gr composite with the likes of Rolls Royce - comparing BRES is comparing apples and oranges. But enough of TGR

Comparing BRES with ACP would be a more apt comparison for the stages the two companies are at. Bres £8m, ACP £25m, that's a better disconnect to focus on for BRES to catch up to atm imo.

Very good news for BRES - secured by the placing funds at 5p onto the PFS. Clearly RAB capital see potential here in the long term.

It will probably be another 12-18 months until the pilot plant is up and running and it will be interesting to see if RAB will step in again to raise the necessary funds, probably by using the warrants it's achieved.

It's important to note Graphite companies aren't valued on their resource alone and extracting material depends on a lot of factors. But imo BRES is now confirmed as undervalued and derisked to the next stage of development to the PFS. Difficult to compare with TGR and ACP but BRES may certainly be giving ACP a run for its money as second most valuable graphite company listed in the UK after TGR.

I hope so - will be good to know how production, sales and demand are looking.

https://twitter.com/Alastai85608932/status/1512028742348062721?s=20&t=fRuACLMcFogmzUDX85sItA

From the above tweet it looks like the next few months or even year ahead may see a serious graphite deficit begin to emerge as China's inventories have fallen to zero meaning they will be searching everywhere to source graphite from supplies struggling to meet demand. Great time for TGR to be expanding capacity nearly 3x to 30,000tpa end of Q2.

SAV tweeted this link to an FT article - upon reading it it seems like the message is getting through loud and clear at what Europe risks by not developing a domestic Li-ion supply chain, from mine to battery.

https://www.ft.com/content/0f57cbeb-96ce-43cb-a0b1-f7586126ad62

All the signs are there with SAV, it just seems a matter of patience imo. How many times have you read about a company which had an sp which remained flat for years only to completely explode when the long awaited realisation and valuable news landed. GGP is my example, holding that from 2017 into late 2020. There are many others but i'm gaining confidence that SAV will join their ranks in the not too distant future.

Thanks for re-sharing dryland.

The article outlines TGR's mid-term aims:
84,000tpa in Madagascar by 2024. - basket price of say $850-1,100/MT (larger flake)
Already permitted for 150,000tpa in Mozambique - plans to follow acquisition completion and we'll likely be informed about plans for this along with anode-side developments imo as the flake type in Mozambique was already qualified with a previous processor which worked with Battery Minerals. - basket price of say $600-900/MT (smaller flake)
Downstream capacity 35,000tpa 2024 including Patalganga and the larger downstream modules/projects at Odisha - TGR needs to find a name for these large downstream modules/projects. - basket price of say $2,500-3,800/MT (specialist products e.g. the expandable graphite products being sold for $3,3,00/MT already in the UK through the exclusivity agreement signed in February, and future spherical graphite production which is already being priced at $3,800/MT in international markets).

Article also mentions the primary goal idea of 400-500,000tpa by 2030 and possibilities to do that by growing organically by expanding current operations either in Madagascar and Mozambique. But it also mentions possibilities or inorganic growth via M&A - as we've seen already with the Mozambique acquisition (hopefully completing imminently) TGR is not afraid to acquire/buy new projects and by the middle of this decade it will likely be at a scale where that is a very easy thing to do!

This is why I don't think TGR is marketing itself loudly or hyping itself up - it is quietly and confidently getting on with its plan and the next stage will be reached at the end of this Quarter with the 1st 18,000tpa plant commissioning taking production from 12,000tpa to 30,000tpa making TGR a globally significant ex-China flake graphite producer. All investors need to do is pay attention to the news releases, articles and video interviews imo.

DYOR. GLA.

ISA reset tomorrow - may see a lot of loading up across all good shares like ALL

Yes has taken a long time Bonkers. If you get frustrated remember what MdB represents - and that is what will likely be the first Lithium spodumene producer domestic to the EU located in secure Portugal. It aims to have the lowest impact across the ESG components of any Lithium mine using the best in practice and technological abilities we have in our arsenal. Yes it is taking time but a host of other mining projects in Europe will rest on the success of the MdB getting into production.

It represents the start of an acceptance that mining activity must happen closer to home in Europe than in some distant far-away land, and an acknowledgment of domestic populations that they must shoulder responsibility for the green revolution that they have campaigned for. Best it take a while and everything is done right to ensure that happens. GLA

significant block buys today suggests stake building by institutions/deep pockets - agree with your outlook

Today ALL announced that it is looking at a econdary listing on the ASX which seems to be the best marketplace for commodities these days - with DA's background if things progress well here I could imagine something similar for Savannah eventuating to get the most value possible.
ALL has also received interest in a possible buyout/partial buyout of the company and its projects.

SAV is floating well under the radar but the read across is plain to see imo. If and when the green light is given SAV stands a good chance to become a flagship company in the European Lithium space and its value will reflect that in time, much, much higher than currently imo.

IRR/ALL LTH's congratulations - we are seeing the journey progress and this company's profile gradually maturing thanks to Vincent's hard work. All the best to the current management seeing this through - ASX would be fantastic for value recognition - as would a buyout at much higher prices I'd expect. GLA

Yep as Basscadet says it'll be a fair amount of time for progress to be made with such an advanced material undergoing various tests for potential commercial scale applications.

From the February 22nd RNS the latest on the Al-Gr composite:
· TGMRC has now manufactured its revolutionary aluminium-graphene composite at relative scale to enable extensive tests which are currently underway

It's likely a continuous process with continuous samples being produced and sent to various customers and independent 3rd parties for verification etc. We know this likely includes Rolls Royces based on the FT article that came out in June last year.

Could be a hugely exciting development further down the line in a few months following the testing but right not am focussing on TGR's main efforts building out Madagascar to 84,000tpa and the downstream capacities simultaneously - should reach 4,800tpa during Q3. GLA

On top of the very good RNS today it appears TGR has been presenting to the UK Parliament in a roundtable yesterday showing the importance of Graphite in the Li-ion battery supply chain and the benefits of TGR's green approach to production.

https://twitter.com/CMA_Minerals/status/1509197153230635010?s=20&t=1UMURa04FrfbEnL8PpyQHg

Only current producers such as TGR are able to make the most of the rising price environment so it's an excellent time to be rapidly brining on extra production as per today's RNS imo!

Yep SI confirmation the company is doing what it does best and quietly getting on with the job as promised. 30,000tpa by June will mean the company will have boosted production 10x in 18 months from 3,000tpa when it listed on LSE. Plus innovations in processing will mean lower costs, as will the hydropower, all of which will help improve world beating margins and cost levels as will inevitable economies of scale from the larger operations on the way to 84,000tpa in Madagascar in 2024 alone.
Then you've got the downstream side expanding simultaneously and the world demand soaring from flame control/retrdnt products and spherical graphite for Li-ion anode materials, as well as the graphene and TGMRC business to throw into the mix.
GLA

Hoping for good news here - as all know there is a serious BoD running the show here. Don't forget the significant director buys before the suspension...

indeed Nova, v good business for some - fair enough if it rewards continued progress of the company which we are all watching eagerly and to date has followed on promises made.

https://twitter.com/Alastai85608932/status/1508352129790103554?s=20&t=77aVcKjI1EXhjsD5g1u3Xw

Interestingly in the above tweet there is mention in the Renascor's latest update that it is receiving interest from China of all places for its spherical graphite. Clearly they are unable to grow domestic sources fast enough to keep up with demand from the exploding EV/Li-ion battery sectors. This is interesting as TGR may have its initial 3,000tpa (out of the 15,000tpa specialty product module) spherical graphite module lined up for early next year in production before many others have even begun the construction process and there is clearly heavy demand for the products selling for $3,500-$3,800/mt.

Looking forward to hearing more from the company on this front and any studies that may be published to support the company's vision. Lots of updates to come over the next few months. DYOR, GLA.