Member Info for Glengarth

Don't know what makes you think that? £92k buys v £65k sells today so far - think we have a buyer establishing a position while still possible - I know I wanted 2020 to go by quickly but now I also want 2021 to go quickly!

GGP know the most about the targets; it's our geological team that found them, identified them, sampled some (nuggets etc) and has continued to work on them so makes sense for Callum and the other geos to oversee their working theories before possibly handing over to Newcrest if they prove to be on the money again

Welcome aboard Rooba..agree with what you say....experienced team with realistic and sensible strategy which is being expedited by market forces i.e. massive urgent demand for environmentally friendly, very high quality, and efficiently produced material from outside of China.

As per the subject line, by about 700,000

Agreed Hurricane, likely placing required given the banking convenant position being tested to the extreme with the delayed opening and it won't be on very favourable terms at all in my opinion. Would advise all to read the annual report to understand this and consider the position the company is in compared to it at the last placing last June....DYOR.

GLA

Fantastic to see recognition for the company today and ATH being tested on this day of genuinely important news - please watch the interviews and read the RNS and visit the company website to understand why this is a special company.

Seeing rising graphite prices, rising demand outstripping supply and now TGR is steaming ahead with multiple lines of production to supply many different fields (speciality, processing and flame ******ants) and now today it announces its Electric vehicle Lithium Battery progress in partnership with the German/Global major.
Keep up the good work TGR!

GLA

Well done to all who have held since the IPO who understood what this company is trying to do. It's only getting started but this RNS today is company defining in my opinion, and a credit to all the hard work the TGR has put in over the years - graphite is a wonder material, as is graphene (more so from a scientific view ofc) and the company is producing, innovating, and already expanding capacity.

However, today confirms what everyone wanted to really see - TGR now has a direct route towards the provision of speciality Lithium Battery grade material for the ELECTRIC VEHICLE revolution with massive benefits over competitors, most of whom are Chinese and hence TGR has been found to be an excellent alternative source OUTSIDE of the Chinese sphere of influence, crucial in this time of supply chain security and dependency issues.
What's more, if my reading is correct, TGR and its hugely significant partner mentioned in the RNS have innovated again to develop a process which is more efficent, leading to less waste, higher grades, and fewer production steps to achieve the desired outcome. No wonder in his interview the CEO Shishir alluded to the fact that they could scale up the processing capacity from the already expedited 3,000tpa to 10,000tpa if needed. The 3,000 tpa production was supposed to come online in the June/July Quarter 2022 - this has been brought forward rapidly to be operational by the last quarter of this year - clearly there is huge demand and TGR are more than ready to step up to the plate!

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

GLA

Alba recently posted a tweet about Graphite...just dropping a couple plays worth research for the weekend if anyone interested in this field - graphite an important materials or the Electric Vehicle (EV) and flame ******ant, speciality graphite fields :
Tirupati Graphite (TGR) recently listed, only vertically integrated Graphite and Graphene producer on the LSE outside of China’s sphere of influence with operations in Madagascar and India - personal favourite
Armadale capital - progressing towards securing financing for development after recent Chinese interest and work on their project.

Good weekend all

Unfortunately, I believe the Richmond venue is one they are closing

https://www.richmondandtwickenhamtimes.co.uk/news/19047076.richmond-revolution-permanently-close-amid-covid-pandemic/

Interview following today’s announcement

https://youtu.be/lS78qv33wGc

Enjoyed this bit:

It is already demonstrating positive results to confirm that a premium quality high purity graphite concentrate, also suitable for the battery anode market, can be produced from Mahenge using conventional plant as outlined in the Company's existing Definitive Feasibility Study.



Xinhai are a highly experienced, industry-leading Chinese contracting group in the field of optimising mineral processing solutions, mine design and build and equipment manufacturing. The objective of this bulk test work undertaken by Xinhai was to provide sufficient data to confirm the results underpinning the definitive feasibility study, and confirm the preferred flow sheet prior to completion of the Front-End Engineering Design to develop an EPCM fixed price contract.

Good to see the dominos lining up. This, TGR and BRES are my favourite graphite plays on the LSE
TGR producing and at 60 million cap and probably will double short-medium term
ACP at 20 million map probably triple in short-medium term

All in my own opinion but worth researching!

GLA

Wow the Chinese are looking keen for this

Yes not sure how confident RBG will be with current high gearing going forward without being able to open and serve without restrictions....price has held well but concern about a placing is rising...I see it as a good long term thing though once confidence is restored and able to generate large revenues again

Great to see an excited new CEO who has recognised the platform Havieron provides to turn GGP into a multi-asset(!), multi-billion pound company. Just needs patience but the earlier you are in the more the you will gain. Verrry interesting reaction to the FTSE350 question as well. SD knows he can replicate his success at Northern Star and maybe go even further with GGP.

TGR is the best London listed play for graphite: great management with strong work ethic and skin in the game, scalable mines with producing resources already being increased by production upscale taking place because of higher and higher demand, new contracts, new certification for expandable graphite division means more customers and bigger contracts, and graphene centre taking shape and already brining in revenue.

Fantastic platform with a long way still to go imo

Not sure exactly of the cash balance atm for the year end as they only IPO’d towards the end of last year raising around £11million. The modular approach they have means TGR will pay for further increases to capacity like the one announced today through its current operations I.e. as they increase revenue by securing contracts and selling more graphite/graphemes products they can afford to build up production capability - very sensible approach and provides a steady platform to launch off.

Also great to see the mention in today’s announcement of our FTSE250 customers. More quality market exposure for the company.

Exactly SI - company is building a huge base to launch from and is already brining in revenue - good to be in this early.

Note attached in tweet:

https://twitter.com/Belcourtoi/status/1351886772997861377

For those comfortable with holding the company long term who are aware of the market dynamics around increasing demand of graphite and the value of processed graphite and graphene (over the counter price around £100,000/kg for Graphene and the company aims to make 10kg a day) the company's broker has issued a long term price target of 194p , and even higher de-risked.
Once the company is seen to be scaling its production up post IPO as it has committed to doing so this will rise accordingly, but best to take a long term view. Long way to go and a lot to be done but so far the company is ticking along nicely.

Hi all, fingers crossed - the SP has held up v well as of late despite the siutation. Hoping the company gets through without needing to do a placing as it did last June and that its liquidity remains solid. Situation is different to June now we have a vaccination programme under full swing and if things begin reopening in March (or even sooner?) that will do wonders.

Next 2 months are critical but very excited.