Member Info for Glengarth

To be fait to TSP clearly COVID had a major knock on effect for accessing the appropriate testing to start the FDA approval process - a difficult time to be in medical companies! But as you say Daytrade, it was the ridiculous drop to such a low mcap that made it hard to resist buying into at the start of the year. Time is passing, and one assumes progress or certainty toward the next stage of testing for the approval process is ongoing while marketing effort foundations are being laid - an update from TSP management to indicate something along these lines to suggest that the company will be ready to go all guns blazing when FDA approval eventually comes would be of great reassurance, albeit it this is still some months away, maybe start of 2022 now. Still, at these levels, I see upside much much higher than the downside risk - what is left that could go wrong? Covid is receding or at least we are identifying how to work around it and life and business is restarting/continuing and TSP has a great, innovative product. Time will tell. All the best.

Thanks Messi, good to see you're still around (what has happened to this board!)

Was there a piece of news I missed that explains the 10% rise?

Although Spherical Graphite (SPG) is only an individual part of the 15,000tpa specialty plant currently being built for H1 2022 commissioning (3,000tpa out of the 15,000tpa capacity for different specialty products), it will be interesting to see if further down the line TGR eventually is required by market forces to expand capacity of this segment in its own plant. In the interview below Shishir does allude to this being the case if the market demand by the likes of OEMs and Traders desire greater volumes of ex-China, environmentally sound and efficiently produced SPG.

https://www.youtube.com/watch?v=t3r8_CgWzqs

I think in a few more years there will be TGR standalone SPG plants - look at the likes of NextSource Materials and Syrah Resources, each of which are trying to develop their own to allow themselves to be described as vertically integrated, just as TGR already is. The forecast market demand means that the shift in favour of 'clean' natural graphite over the polluting 'dirty' synthetic graphite as well will only help spur this.

Good thread on TGR and the general state of play of the rising battery production capacity

https://twitter.com/Alastai85608932/status/1415239213260460035?s=20

(larger part by weight)

Hi Banner,

If you would like another metric to go by: for every GW of battery capacity installed there is a requirement of over 1,000MT of Flake Graphite alone required for the anode side of the batteries. Many don't realise that Graphite makes up a larger part than Lithium itself in Li-ion batteries. Think about that number every time you see plans for a new battery factory being announced and consider many of those plants have future plans to further expand capacity.

Now those are figures we like to see, well done to the DKL team for a great YTD!

Looking strong on CPO alone which remains at elevated prices. Cashews will truly transform this company on the back of this moment imo. Onshoring of their processing to Cote d'Ivoire is a strategic move and DKL is ahead of the curve on it. Interesting video below on cashews.

https://www.youtube.com/watch?v=CXTZVKYYyig

Feel like similar to IRR, the researched and patient here will be rewarded (including the Portuguese economy and citizens) with significant future deals.....provided the EIA is passed, fingers crossed.

Genghis, for sure it reinforces confidence that the company is endeavouring to ensure that all that production capacity coming online next year has buying customers - for both flake graphite and the specialty graphite products - it is something new in the sense that the company has demonstrated and announced through RNS that it is making strides towards securing end-buyers through an industry established Global (albeit Japanese-focussed) major trading house. See the likes of NEXT Source Material's recent signing of an agreement with Thyssenkrupp and you'll see how these relationships are the foundation for expanding in such an opaque market as the Graphite one.
I'd also suggest that this agreement validates the quality of TGR's flake graphite and specialty products to a further extent if Hanwa is comfortable sending TGR's samples on to its customers.
Time will tell how much extra future benefit comes from the relationship such as possible subsequent investment in TG's future capacity increases, off-take agreements for EV/battery manufacturers and traders and possible JVs for whatever the future may hold - Hanwa is involved with many different materials, see its historic involvement with Bacanora.

For now, another feather to TGR's hat along the way to a much larger, mid-cap company in the mid term.

ShareInvestment, agree - we both see where this is going in time. It's an opaque market for Graphite, relationships such as the one announced today will be vital for penetrating the fast growing emerging markets and developed economies in the East. Incidentally, a great facet of TGR is its geographical position in Madagascar and India; in the middle pretty much to serve Eastern and Western customers.

Considering the company's plans to develop their production facilities ASAP while also in line with the market demand they see for their products, it's essential they don't overextend and thus have too much redundant/surplus capacity. Agreements such as these will help ensure there are customers to sell the output of future production capacity. Also interesting to note Hanwa's links to other companies, notably a subsidiary of CATL which is regarded by Benchmark Minerals as having Tier 1 lithium ion battery manufacturer status, and also how it chooses to invest in partner companies such as Bacanora in 2017. Very exciting stuff, my confidence in TGR's management continues to grow.

I would urge all to look at Hanwa's website to see just how broad and extensive this firm's expertise is.

https://www.hanwa.co.jp/en/business/

That deal is huge for IRR, definitely suggests DA might be onto something allowing the Galp deal as it stood to lapse...for the most 'shovel ready' Lithium project in Europe what might happen next following a successful EIA is anyone's guess given the demand for the material.

Wow, pretty huge deal!

Patience really paid off for all LTs - congratulations IRR!

https://www.aquis.eu/aquis-stock-exchange/for-investors/announcements?view_news_id=3145004

Solid progress, looking forward to hearing more from this year so far, lots happening on multiple fronts. Great British company in the work hopefully!

Hi Nate,

Welcoming of your contributions. However, I would point out that there is a new element in today's RNS, although not necessarily material, it's still a cost saver and good for TGR. This element is right at the end of the RNS - the company has ordered a new diamond drilling rig - 'A new diamond core drilling machine has been ordered for Sahamamy to facilitate commencement of its drilling activities simultaneous with drilling at Vatomina'.

The company already owns one and has been building up its own in house drilling and exploration capabilities as per the company's prospectus. Having an in-house capability saves on costs of having to hire equipment from specialists, reduces lead times as the machinery is readily available and not dependent on the schedule of 3rd party companies, and helps to improve efficiency of core recovery as the guys on the ground are a team and know what they're doing having built up the necessary experience under the supervision of SRK, also supervising this round of drilling and exploration. So now the company will have 2 drilling rigs of its own if i'm reading the RNS correctly. This makes sense as the current programme is significantly larger than the last and the Company will be wanting to prove up and expand its resources as quickly as possible to demonstrate resource longevity and quality.
On a side note, but related, I wonder if the company envisages using these rigs at other possible sites it may acquire in the future....

Also fantastic to see confirmed the company hopes that the hydro power operation, with the first stage 100Kw aimed for Q4 2021, will be able to power all the needs of the enlarged 30,000tpa flake graphite operation in Madagascar next year, target Q1 2022 - not only should this help reduce opex by c.10% (see 8th March RNS), but efforts to reduce the carbon footprint of produced material and reduce the company's net emissions are vital for obtaining recognition as part of the ESG super-trend and for being prioritised as a target for Green Financing, used globally to help facilitate the efforts of companies to tackle the climate goals set out in the relevant accords etc.
These are still fundamental aspects to the foundations of the company's fully vertically integrated model and so should be presented to shareholders in regular updates when appropriate as has been done.

No worries Neavo - tbh I wouldn't publish my share price target on here as many things are yet to happen and i'm invested long term according to what I see as being one of the best placed companies (i.e. one that is actually already generating revenue, has a functioning, modular business model, has its own in house and growing expertise, as well as home grown innovation with the likes of the Graphene centre and advanced material research and situatated in Emerging Market type jurisdictions with the growth potential all that offers as well) to serve several different super-trends of the next couple of decades such as EVs, flame/thermal controls and advanced materials innovation like Graphene....my targets are mostly based on just the quantifiable aims of the company's Mid Term Development Plan for the Flake Graphite and Specialty Graphite business lines - it's impossible to add value for the Graphene composite to any targets until testing is complete and we get an idea of feasibility/applications and deployment of the composite through contracts/JVs etc.

Let's just say that based on the Flake Graphite and Specialty Graphite projects my target price for TGR over the course of the next couple of years is......much higher!

2021 is the year to pay attention and learn as much as possible about the company and its prospect as I think 2022 is the year the Company will really make a name for itself. I'm hoping management, promoters and brokers etc keep themselves aligned with the company as this has proved for a fantastic start to TGR's time as a public company so far (only 7 months or so).

In the interim, news on Vatmonina's 9,000tpa module is due imminently as are Annual Results ,which will be followed by the drilling and exploration programme update in the next couple of months hopefully.

Good weekend all!

Neavo - surprisingly, this IS NOT AIM - this is an LSE Standard Official List listed share - as I said last time however, it is beginning to build an AIM-like following among investors, and rightly so by the looks of things.

Hi Croqman,

The company is definitely a good communicator and does keep a good online presence - whether that is to remind investors of what they are doing or to increase awareness to help broaden the investor base is no bad thing imo. Plus, as a growing company there is a lot to update investors with - consider as well that this is more or less the first RNS of substance for a month I wouldn't quite describe the company as over-promoting.
More so, this RNS reassures me that work is being carried out to ensure that the plant they are building for specialty products with to raise specialty product output to 16,200tpa will have customers to produce for and sell to rather than sit inactive - indicating sales and revenues are likely to be successfully obtained as hoped next year - currently it's all about positioning oneself early for what we all hope will be significant cash flow in the future.
The market is dynamic and requires a lot of investment to be able to provide enough material for all the giga-factories being built and EV battery demand - the spherical graphite side particularly demands attentions as this is required for the anode of EV batteries - i'm taking increased notice of the mention of North America in the official announcements and interviews, even after the composite news there was a hint Shishir's interview of American interest. That will be an interesting line of development to watch.

On the composite front and RR partnership I was thinking an update in Q4 may be likely at the earliest or the start of next year based on testing taking a decent amount of time and the unknown number of partners working on application and development testing.

TGR is still a vertically integrated, advanced materials/engineering minnow well placed to make the most of several super-trends. If management can execute their strategy well, or even faster than planned because of market demand then happy days for us all and mid cap status is only several years away. Trading or Investing for the long term, good luck to us all.

Looks like it's not just flake graphite demand but also future specialty graphite demand that is looking rosy as well.

TGR is a growing company at the forefront of tech innovations for a range of products - worth researching if you haven't.

https://twitter.com/Alastai85608932/status/1407990483578720257?s=20

Industry movements reinforcing the idea that this super trend is just getting started - Graphite production capacity planning is being scaled up massively - Graphite, aside from the industrial applications and thermal control applications offered by TGR's specialty plants, is needed for the anode of EV batteries.

News from NextSource Materials suggests that TGR's planned production of 84,000tpa will be eaten up by the huge demand coming online from 2023/24 - makes sense when one considers the number of gigafactories (read battery factories that will come online from 2023 onwards churning out batteries for EVs, all requiring massive amounts of raw materials for which the extraction and processing expertise is possessed by few companies such as TG.

Hi rivaldo,

Despite a hard year DKL made it through 2020 and have come out strongly on the other side as shown by the monthly updates since December - prices achieved, production rates etc all pointing to a markedly improved 2021 - and those results for the current year are yet to take into include Cashew production which could really benefit the company tail end of this year imo. Strong believer that onshoring Cashew processing to Cote d'Ivoire is an excellent strategic move when you look at the global cashew industry which normally exports to the likes of India for processing.

One thing i'd like clarified is the 3rd commodity - is this intended to be part of the JV with Green Enesys, or will it be a solely DKL driven business line like the CPO and Cashew?