Member Info for Glengarth

that's a great article, thanks oufc

I agree - as one of the best value for money high street food options I hope FUL can maintain its good prices to keep consumers eating in ordering deliveries

Given the macro climate, the public seems to be blissfully unaware of price increases for basically all commodities and the inflation question is forever ignored and real answers kicked down the road. Businesses must all be contemplating their price models on account of higher supply side costs. V good question though.

Low-debt, good margin and high volume business models should help I think, like FUL's. Great to see so many people out yesterday and long may summer bring the crowds!

I think we'll see rising prices for pretty much everything in the near-mid term future unfortunately.

It's all about processing.

TGR are able to process their flake graphite to at least 96% purity for sale on the international markets and further downstream process it into much higher value products such as Spherical Graphite etc.

BRES has a higher % TGC which is very good and i'm sure the company will be able to expand the resource and average grade, as it says in the RNS from the current drilling at the high grade zone mentioned in it. It's also a big plus for BRES that the resource defined to date is at the close to surface, 'weathered' zone which makes it cheaper for extraction and so reduces costs. I'm sure the PEA will make clear the economic benefits of this before the PFS really gets the ball rolling and talk starts about potential annual levels of production increases.

Good post AIMtodeath,

I think it's a bit foolish to bother with price predictions as you say - but should the milestones be reached by the end of this year - most importantly the Environmental Clearance and the partnership with Galp (which tbh I think rests on obtaining said Clearance) - to indicate it's all systems go then I don't see the company hanging around these low levels for a project which will subsequently effectively be shovel and finance-ready post DFS.

Sellbydate, let's say all goes to plan, the eventual share price will depend on things such as the structure of whatever financing deal is arranged and total number of shares, the lithium price, cost margins, the macro European EV picture etc. To be clear though, there are very few projects at MdB's stage, with the quality of resource possible for further expansion, in Europe - that is a very attractive investment proposition imo.
First though SAV needs to get local/state approval of its EIA on a rational, factual, realistic basis without emotional interference, the importance of which can't be emphasised enough - this is Europe not China and the highest standards must be met to satisfy those who might be against the project on an emotional level. I think I read somewhere all the documentation came to over 1,000 pages, the company and its consultants used for it would have put in a hell of a lot of time and effort.

Better to be thorough and open with all relevant parties and take the right amount of time to secure necessary approvals.

Although Infinity Lithium is in Spain, still worthwhile seeing the noises that are made by the EU and battery/EV makers following whatever happens to them. Will be relevant for the whole Lithium/raw material dynamic in Western Europe.

Galp's due diligence must be coming to a conclusion within a few weeks/month(s) for SAV in Portugal. 2023 is the year the battery giga-factories start really coming online in Europe so all to play for with demand likely to outstrip domestic supply for a long time.

Crunch point for many resources on the continent this year - will legislators walk the walk and let them go ahead or is the EU really still a hapless organisation pushing for change and progress in the face of insurmountable national-level opposition? Time will tell!

I think he's talking about ARCM if you follow the thread, Audio - most people here should be fully aware Afritin is producing!

Fun to see BHC mentioned in this article

https://www.thisismoney.co.uk/money/markets/article-9448811/AJ-Bell-announces-firms-Aquis-Stock-Exchange-platform.html

Interesting development. Reading Hotcopper suggests the Infinity Lithium mine was too close to a city centre and another Lithium deposit exists nearby which may be more favourable to progress.

Came across this article (you can switch it to English) released yesterday which says Savannah has received over 200 job applications for prospective jobs at Mina do Barroso. The company really needs to make sure it can demonstrate it can carry out work to the most stringent of environmental standards to satisfy the local who will be effected, while also demonstrating the benefits to the local area and Portugal as a whole to give it an opportunity to really ingrain itself into the EV supply chain.

https://diarioatual.com/mina-do-barroso-ja-recebeu-mais-de-200-candidaturas-para-emprego/

Company is working hard and according to plan - the company has delivered to date (just re-read the RNS's to date), and with rising graphite prices because of the EV and green revolution it's in a great position imo.

Great to have this result - it's only the start as well - Natural Flake production capacity is aimed to be increased 28x from the current 3,000tpa to 84,000tpa along side the company's Specialty Graphite project and its Grapehene division - talk about a growth runway.

Rare to have a listed graphite company actually producing, with vertical downstream integration capabilities as well, increasing its resource and its production capacity all at the same time.

wow double digit number of trades, must be about half of trades this side of December

Some similarities already written but here's a few to offer re exposure to EVs (sorry to non-interested posters)

ACP and TGR are my favourite UK listed graphite (+downstream processed/specialty graphite, spherical graphite for battery anodes and graphene for TGR) plays. BRES for graphite as well but much much earlier stage than ACP and TGR.
SAV has the biggest Lithium Spodumene Resource in Europe in Portugal at the DFS stage and with a Portuguese Major called Galp doing its due diligence to take 10% and invest to see through the DFS
Another angle is Rare Earth Elements used for magnets in the EV and renewable energy source motors: PRE, MKA, RBW all get a mention. PRE is most likened to Lynas and MP Materials in terms of eventual size, which are huge, but MKA has a very good early start for recycling of the materials, which will be hugely important in the future.

ACP, SAV, PRE are on the cusp of big developments right now; ACP though is in such a good opportunity where it is atm with the ML and offtakes upcoming imo.

GLA

lol I believe AJ Bell has brought Aquis trading online today which might help with liquidity and exposure to the wider market...certainly as a medical tech company I wonder if this will benefit TSP?

Are those buys???!

Reports of herd immunity being reached in the UK next week...not a master of the science by far, but it's good to hear positive news on the virus and vaccine front for Hospitality in the UK. the re-opening can not come soon enough!
FUL well positioned to benefit imo

Love to see it Rivaldo. This is one of my only non-mining investments - just seems to have bags of potential considering the amount of cash it generates in strong conditions. I'm interested to see the dynamic once cashew nut production arrives. Are there any thoughts on that?

Is the Commonewealth application still ongoing? I thought it had been paused.

Either way i'm happy for the people of Angola - I hope their leadership continue to connect with other countries, develop their domestic industries and allow them to prosper.

Good to see the UK working with Angola on another, if similar, front from a Resident Diplomat in Luanda (see below link to tweet). This co-operation is to produce Angola's NDC ahead of COP26; NDCs are basically the outline of a country's efforts to help meet the goals laid out under the Paris Agreement on climate change. I think facilitating the extraction of resources essential to the global electrification effort counts very much in favour of Angola to large degree!

https://unfccc.int/process-and-meetings/the-paris-agreement/nationally-determined-contributions-ndcs/nationally-determined-contributions-ndcs#:~:text=Nationally%20determined%20contributions%20(NDCs)%20are,the%20impacts%20of%20climate%20change.

https://twitter.com/DannLuanda/status/1379831278128742401?s=20

Super speculative play this Messi - you're chocolate fire guard analogy made me laugh!
At this rate the company might go bust before it even reaches the FDA approval process....not a great look for the Aquis Exchange

Think you're right JK - looks like 14-15p is a consolidation/accumulation area...news and reopening + acquisition announcement to bring in more cash may help establish a higher range above 20p if all is good and well. Lots of opportunity out there imo.