Member Info for Glengarth

https://www.tirupatigraphite.co.uk/madagascar-projects/

This page on the TGR website has links to allow you to see information about each of TGR's Graphite mines
Vatomina: Maiden JORC Resources (by SRK Consultants):
Indicated - 3.2mt @ 4.3% GC
Indicated - 15.2mt @ 4.7% GC
Sahamamy: Maiden JORC Resources (by SRK Consultants):
Indicated - 1.4mt @ 4.1% GC
Indicated - 5.7mt @ 4.2% GC

Worth noting all this information is on the website and further information about the processing of the material to 96% and very good margins and low costs, the secondary processing for specialty graphite projects and Graphene can also be found in the prospectus. The company is currently carrying out its next stage of resource exploration and expansion and will report back on the results in the second half of the year probably.

Great update, roll on summer

Nice interviewing re-affirming what we know, 12,000tpa production pro rata going forward by the end of this Quarter with Vatomina's first module up and running by then, 30,000tpa come Q1 2022 with the aim of 84,000tpa production by 2024

Not forgetting the graphene starting production Q3 2021 at 2kg per day (unsure how to price this but $100,000/kg has been seen elsewhere in the market)

And of course the specialty project with higher-margin products coming online for an extra 16,200tpa worth of products to come online in the first half of 2022.

Looking forward to seeing very favourable % rises on the respective balance sheet entries that I reckon the company is headed for. I'm sure the CFO must be very happy! DYOR. GLA.

Definitely sympathise with LTH's who may not have had the best run, resource investing is v risky, and dilutions are a b***** - it's a shame the project got going in a period of relatively depressed Lithium prices in 2018/19 and then Covid hit in 2020.

My only offer of solace to you is that Savannah looks to be in the best position it's been in for a long time - it's actually now getting towards its goal of production and towards owning an operational Lithium mine, which is of course where the real money is made for a company when it receives cash for what it digs out of the ground. It seems to have a solid partnership lined up with a major offtake partner, Galp, hopefully to be confirmed shortly (as well as EU-level support), and is cashed up to validate the project to completion of its DFS in around 12 months, on top of more exploration etc, and a development decision, provided all approvals are granted by the Portuguese authorities.

I'm personally willing to hold to see what the prospects are in 12 months on publication of the DFS and genuine production is on the horizon in 2023 to supply a burgeoning EU EV battery market, most of which really starts to come online in 2023 with the completion of several gigafactories currently being built on the continent.

On a side note, i'd say that total number of shares are not the be all and end all as long as the underlying asset is solid and revenues and earnings are sizeable which is what the DFS should either confirm or deny - the risk is betting on when and at what price to enter to make a return to your satisfaction.

For example, GGP has c. 4 Billion shares and it hasn't done too badly given it will own 30%/25% of Havieron because the shareholders there know there is significant income coming their way within 3/4 years or a buyout. If the price of Lithium stays strong into 2023 and SAV keeps its place as one of Europe's first, if not THE FIRST, battery-grade Lithium producer within the EU then I suspect the share price will perform much better - the current market cap including the raising shares is c. 45% of 1 year's revenue according to the Scoping Study - I also hope in the meantime DA works on reaching as an broad investment base as possible and publicising what achievement the company is approaching.

Will pop in following any further announcements (either to share in being p****d off or joining in happily), but now looking to August and Q1 2022. Good luck to all - I hope we all make money here and SAV successfully execute the Mina do Barroso mine strategy.

Sounds like SAV will be expanding its resource base as MdB is progressed through to construction decision in Q1 2022, which is welcome news. News to come on 3 exploration licenses and a possible international tender over prospective ground by the Portuguese government.
Good to hear DA mention that SAV will take the lead in the Iberian peninsular alongside Galp - sounds like the working relationship with Galp may extend beyond just MdB eventually. Hope the development of MdB will attract some real mining talent onto the team.

Company's production is about to 4x from 3,000tpa to 12,000tpa come the end of this Quarter, and nearly 3x again by Q1 2022 to 30,000tpa to meet rising demand. Combined with the commissioning of the higher margin Speciality Graphite project in H1 2022 of 16,200tpa of specialty products, including spherical graphite, and Graphene production aiming to start in Q3 this year you begin to understand why this company's revenue profile is about to get a serious upgrade imo.

Noted that as well ihowells. What's done is done, alas.

Good that there are "new European investors" on the register - you'd hope so with this being the most likely project to first reach Lithium production in Europe!

Grizzle, if you read this, I agree with your sentiments about the UK market for junior resource companies - there's a lot of dirt to shift through but occasionally a gem is found such as GGP was. I'm hoping the international profile of Lithium and the geo-political story here is enough to spur serious interest in SAV as the Ozzies and huge Gold community were for GGP.

It will be fantastic if SAV works up further resources into its Resource base at Mina do Barroso through more drilling and local permitting is all approved this year - hope we get some solid appointments for the development phase with people that know what they're doing. Very much looking forward to what Galp can bring to the table to help SAV leverage its stake in the area. Surely there's another partner out there who would take the other 50% of production? Time will tell. Good luck to us all.

£10.3 million is a lot of money by anyone's book. That on top of Galp's c. £4.5 should give SAV a £15million warchest to power through the DFS and see the permitting through to completion to a full decision to mine.

4p is a pretty steep discount. Why not a 10-15% discount? considering this was at 2.5p at the beginning of December 2020 and obviously running on fumes recently given how expensive all the consultation work must have been for the EIA i'm not toooo ****ed off, but I am annoyed. Unless you bet your house above 5p I wouldn't be too annoyed at a raise designed to progress the project in the current climate - resource investing is time consuming and expensive work, money for progression doesn't just appear, and I'd be more concerned if this was a raise purely for working capital purposes (don't get me wrong, I also hate ridiculously high salaries, especially if nothing is happening for the company) like a lot of resource companies on AIM rather than demonstrably progressing the project closer to a decision to mine and moving it up along the value curve.

The use of majority of the proceeds:
"includes expanding the Project's team in preparation for the upcoming development phase, conducting further exploration on the Project to increase its resources, and evaluating opportunities to maximise its ESG credentials."

SAV is moving in the right direction to mine one of the hottest commodities of the next couple of decades inside one of its future biggest markets with all the strategic advantages that provides it, reflected in the Galp partnership - hope they retain focus on Mina do Barosso and leave the Mineral Sands asset out of the picture for the next year tbh. SAV could be the first major producer of Lithium for the battery industry in Europe if DA executes well and doesn't dilly dally or get held up by permitting.
Also interesting to see will be whether current shareholders i.e. management and/or Al Marjan Ltd take part in the raise and look to hold onto their position as the largest shareholder by far. Good luck to us all.

Hi Bwana, think i've seen you in a couple other shares, nice to see you here too.

This is excellent if further downstream abilities like recycling are being planned - for PRE to capture as much of the value chain as possible is crucial in becoming a real standout global player in REE.

I've added a very modest sum here to see how things play out, VRS seems to be miles ahead in the Graphene field - I believe Graphene will have major commercial applications coming to fruition in the next couple of years, just need to time it correctly. Owning and licensing IP will be a strong point going into the future imo, will be great to see what revenues the company can generate outside of just grants and research and build out.
Another is Tirupati Graphite (TGR) which I follow closely, worth a look for anyone interested in the graphite/graphene field - Graphene is 1 out of 3 of its business lines and looking to start graphene production at 2kg/day in India. Has some serious players leading its Graphene team, but there is always that link back to the University of Manchester connecting these Graphene-involved companies. I wonder if an Indian venture will be on the cards at any point for VRS?

Fantastic news for PRE and the UK!

Hi Steadfast,

From the 8th March RNS it states the average selling price per MT over the 9 months from April-December 2020 and then the average price for the first two months Jan-Feb 2021. Although not stating exact sales volumes (I expect these to be released in some end of year results in the coming weeks/couple of months) one can roughly calculate what the company is targeting if it is reaching c.95% nameplate production.
One can apply the same figures to the increased production capacity coming online in the next few months and the funded expansion announced in the last RNS - I would advise going through the company’s presentation and prospectus to get an idea of the prices it is aiming to realise for the higher value specialty products like the expandable/flame ******ants and spherical/micronised graphite.
Hope this helps

Re-reading the RNS some of the decisions that have been taken are clearly very strategic and I think very clever, such as pausing Patalanga to focus on expanding greatly the specialty graphite projects and boosting the graphene manufacturing abilities - will be amazing if they hit their target of 2kg a day of graphene in Q3! It’s got me excited as being on the front line the company knows best where future demand is coming from.

Very sensible and welcome nod as well to furthering the company’s green credentials by expanding its use of renewable energy with the hydro plants and its intention to look into wind and solar power generation for use at its operations. Green Graphite as opposed to dirty synthetic graphite is likely to be a focus of ESG funds around the world, as are the well-publicised lithium and rare earth elements etc IMO.

Salvegrumio - Caecilius est in horto?

It’s like they heard us!

At what point do we see tangible impacts of the EU’s Green Deal and COVID recovery funding? There is such an incentive already to streamline and get on with member states’ natural resource projects, is it really willing to be left behind and for others such as the US and Asia (China a given off) to get a massive head start with members continually slowing things down...

Agreed, must be a lot of heel dragging down there at the moment

I am repeating a Subject header I have used before to describe this company.

With the Oversubscribed fundraise announced this morning it is clear there is a massive demand and support for TGR's products - Environmentally sound and Green methods used to produce Graphite for the Spherical Graphite for the anode of EVs, for speciality applications such as flame ret**dants, industry and high-tech uses such as lubrication, polymers, and composites, and of course the wonder material - Graphene (a whole new industry of its own, and could be the real game-changer further down the line).

This funding, on top of the Listing money, is a real rocket under the company to speed up its Mid-Term Development plan, increasing the productive capacity of the company by a factor of multiples by H1 2022 and subsequently resulting in massive revenue increases going forward. The Company will hopefully continue on track and be at 12,000tpa flake capacity by the end of this Quarter, and 30,000 by Q1 2022 - that will be a 10x increase in 12 months since listing, no small feat. Plus, the speciality project with the higher margin products is being massively ramped up from the current 1,200tpa to 16,200tpa by H1 2022 as well.

With the revenue stream potential really being built out and the meat put onto that bone in a rising market for Graphite and its Green, sustainable and efficient products over the next 12 months, this announcement is the firing gun to get the company to a much higher overall mcap and globally significant position in my opinion. Well done TGR, keep those costs down, keep us updated on sales, contracts and volumes (please ?? ) and keep up the great work.

Pretty decent volume today

Unsure as to that - I know graphene is being researched for that purpose, among many other purposes, but anything replacing Tin as solder is an absolute mile off at this point. Right now the future demand picture looks v healthy, see the image in the link below:

https://twitter.com/Blsellhigh/status/1381385562796351489