Member Info for Glengarth

Nice Trent,

Looking like FUL is one of the stronger positioned hospitality companies

Just have to look at Tesla's recent higher than expected sales to see that the EV train is picking up pace....huge production capacity being built globally will require a LOT of the raw materials needed for battery production

I guess the company's PR doesn't really have a strategy other than just tweet whatever announcement is released in the interest of transparency? I just find it funny that an active account for the company would tweet what doesn't seem like a beneficial update for the company in any way? Like what is the point?

https://twitter.com/truspine_plc/status/1379354298329485314

The below could/should be of interest to all current and prospective investors in Pensana.

https://www.birmingham.ac.uk/documents/college-eps/energy/policy/policy-comission-securing-technology-critical-metals-for-britain.pdf

Page 28 mentions Pensana as well as a couple of other mentions. Few companies offer integration to the extent Pensana proposes...this will hopefully become clearer to the wider market with the publication of the Business Plan, and fingers crossed planning permission for Saltend.

lol - April Fools! Naughty!

Electrification is the theme, SAV is very well placed - just need to clear these next vital hurdles (EIA, mine permit)
Only concern is Iberian politics at this stage am I right in thinking?
Hence the importance of involving a Portuguese major like Galp who is likely to help encourage the development of a supply ecosystem in the region - refining a possibility for them to replace their old oil refineries perhaps?

It is mad that this trend is only starting as well - there are currently now 200 gigafactories being built with many commissioning in 2023 - that is a LOT of future Lithium (and graphite etc) demand!

GLA

Hard to work out as they will probably commence with a certain level of production depending on successful recovery rates and then work to improve them...hopefully they can sort it out quite quickly as they have for the initial Tin production to pilot nameplate capacity, and ramp the operation up so ATM can get as much cash as possible from their off-take agreements

Excellent, well done to the ACP team!

Looking forward to seeing this continue to develop into a sizeable graphite source! Sounds like work with potential customers for graphite supply to the anode industry for EV batteries has been somewhat carried out as well to date.

Don't forget the project has the backing and indeed is heavily invested in (around 23%) by the Angolan Sovereign Wealth Fund - they are just as keen as the UK government probably are to see all of this come together nice and smoothly and i'm sure any financing deal will reflect this side of things to get Longonjo up and running ASAP to the benefit of both countries and populations.

Myanmar woes and Indonesian bombing of oil refinery weighing? growing sources of conflict-free material needed asap - ATM fits the bill imo.

Agree TBS - Finance Director increased his ownership to 2% in February - think he sees this doing well this year!:

Mr Wong's beneficial interest in the Company's Ordinary Shares increases to 12,388,449, equivalent to 2.00% of the Company's share capital as enlarged by the Option Exercise.

Furthermore from the Trading update:
The Company's net debt, before lease liabilities recognised under IFRS 16, as at 5 February 2021 was £5.7m. This compares with net debt of £9.5m as at 29 March 2020. The Group therefore has financial headroom within its loan agreements of circa £20m

Much better position than the likes of RBG in my opinion as so much less debt to worry about so easier to take on new sites at cheaper prices because of bankruptcies and increased vacancies from the damage COVID has done to hospitality and grow into the recovery this summer and beyond (fingers crossed vaccines etc continue to go well for us all)

As we see TGR building its operation and completing its now global leading management with the new additions shown in the RNS yesterday + the recognition of the company's Strategy being rewarded the day before, the company is positioning itself very well in my opinion.
Further Graphite and Graphene expertise being brought in, good to fantastic test results complementing the work carried out in conjunction with some major global players in a hot, if not the hottest sector right now (EVs), increased production capacity being built as we speak on account of rising demand from the likes of our FTSE250 customer and others, all while the resource in the ground is further expanded and proven up by SRK under the Stage 2 exploration campaign currently underway reinforces the CEO's statement in the last RNS: "we are in accelerated development mode".

Indeed, one sort of understands even clearer the current environment for graphite when you consider the latest forecasts from UBS which gives an appreciation of why the company is likely facing massive demand and a need to consider ramping up activity.
From 23rd March 2021:
"Natural graphite demand grows by a factor of seven by 2030 (assuming 45% synthetic graphite into the anode and “conservative view” of silicon use) to roughly 5.9mt" - this demand is for EVs I believe so doesn't even take into account the growing market for Flame ******ants and other speciality graphite areas that TGR is a disruptor and innovator in.

https://www.mining.com/top-14-ubs-battery-metals-forecasts-after-vw-teardown/

From what i've seen there is a huge demand for the natural resources required for EVs (on top of all other growing markets), but very few significant producing sources with a Green, Low Carbon production profile ex-China. Likely great competition for those natural resources ahead imo. I'd like to hear more about new contracts and work with other partners to get a real sense of the financial potential (hearing the 63% average rise in prices per MT achieved for graphite sales at the start of March is very good - it will be even better when the company confirms the volume of sales is also rising) to add to what is in the prospectus.
All the above combined is why I believe TGR is very well placed at the moment, make sure to
DYOR.

Nice RNS today - validates TGR's forward thinking strategy to date.
Award: https://cfi.co/awards/europe/2021/tirupati-graphite-best-sustainable-value-creation-strategy-global-2021/

Looking forward to the next company milestones throughout the rest of the year and afterward towards achieving the 2024 Mid Term Development Plan goals. Already the company is one of the top Graphite companies ex-China, trailblazing as London's only fully integrated (mine-natural flake graphite-speciality graphite-Graphene) Graphite company. If the company can continue to increase production capacity while securing long term contracts for its products and increasing its market share while maintaining low costs TGR may become one of the best Industrial/Special Materials/Tech companies out there in this field.

As Ian Cassel espouses there are opportunities for Retail to enter early, on account of market cap and liquidity, into companies such as this, which are followed by Small institutions (we've just seen Miton take 5% for a start), then large institutions, then finally the less aware/impatient retail money. With such Green credentials that TGR has, I wonder if there will come a point in the next few years where we see ESG focussed ETF’s become involved.

All in my opinion only, but i'd recommend any potential investors read up on the market outlook for Graphite and Graphene and the industries these material are increasingly important for. DYOR!

https://twitter.com/Alastai85608932/status/1374737301218164740?s=20

There have been a couple of trades worth around £30k at the prices 23.40p and 23.60p put through, dated 19th March. A weird and pointlessly small UT trade at the end of the day today worth only £6 went through at close of 20.60p - bizarre......

Good to see comments from the Nature Consultation Officer on the Planning Application released today.

They include:
"As the likelihood of significant effects has been ruled out there is no need to progress to the stage of Appropriate Assessment and planning permission may be granted in this instance"
And
"The Nature Conservation team notes that the aforementioned NE responses shows that they are satisfied that the proposed development will not damage or destroy the interest features for which the site has been notified and that the SSSI does not represent a constraint in determining the application. We concur with their conclusion."
And
"Given the nature, scale and location of the development, there is no objection to the proposals."

Pensana will subsequently have to submit a 'construction environmental management plan' (CEMP: Biodiversity) which will then have to be approved in writing by the Local Planning Authority. The CEMP shall be compiled by a suitably qualified ecologist.."

Looking good so far, and hopefully Pensana will carry out all necessary work diligently.

From a couple of days ago, DA on American news channel NTD highlighting the sector-wide shortage of readily available Lithium projects in the face of the massive demand for Lithium resources, and important note on the average time it takes from discovery of a deposit to production.

https://www.youtube.com/watch?v=_dVYfP7rPsE

DA speaks from 11:40 for about 2 minutes - interesting bit shortly after about efficiency requirements.

Forgive the surrounding American news either side of DA.

I think both trades today were sells tbh

Yeah Payinattn I think you're right, the company would have to translate FDA observations into product redesigns to satisfy whatever changes they required to see to be able to permit the product. Company seems to do f all otherwise than wait for this FDA result/testing to commence, they don't exactly say much to suggest otherwise, but then again maybe there is not much they can do without burning through cash so it is a waiting game.

Were they not to get the clearance I reckon you'd be able to buy shares here for another fraction of today's sp subsequently....i'm glad they're on my radar though in case the news is good.

Welcome aboard Crocqman,

These agreements always tend to be under NDA, sadly for us PIs. But my understanding is you have to get your product out there for quality testing as much as possible before being given the nod for some sort of commercial arrangement...there is so much experimentation going on at the moment to optimise specifications for EV batteries and anodes (the main bit with graphite in) among cell and car makers. VW's recent sudden move away from Japanese produced components, can't remember which one exactly, without the usual forward consultation with their Japanese partners, is an illustration of why NDAs are necessary - power moves can happen very quickly on the back of work completed in secrecy.
TGR's recent spherical graphite news (see RNS from Feb) and the subsequent move and decision to fast-track its speciality graphite processing plant helps to instil confidence they are getting somewhere.

New interview out today

https://www.youtube.com/watch?v=YqotB6-CKSQ

https://www.pxlimited.com/2021/03/17/saltend-to-anchor-groundbreaking-zero-carbon-cluster-bid/

The area is attracting some serious investment for the Green Revolution