Member Info for Goodbody

Amazing results. Absolutely smashed expectations with double the resource estimates.

And at a great TGC average of 6% using a cut off of 4%.

Compare to Tirupati - TGR. Their average grade is 3-4%!!!!!!! That’s below our cut off lol.

What’s their MCAP...only £76m

What’s ours.....just under £10m

Time for some serious SP booster rockets

Great video on CNBC

Puts it all into perspective

Huge opportunity in front of us.

https://www.cnbc.com/2021/04/08/the-us-is-facing-a-lithium-ion-battery-shortage-with-ev-growth.html

GLA

Great video on CNBC

Puts it all in to perspective

Huge opportunity infringement of us.

https://www.cnbc.com/2021/04/08/the-us-is-facing-a-lithium-ion-battery-shortage-with-ev-growth.html

GLA

Is it me or is pre-mandatory trade not happening!

http://www.ottoenergy.com/site/projects/exploration-and-appraisal/alaska

JORC could come at anytime now. The last interview was on the 1st and Mike stated a week or two.
19p target post JORC/pre feasibility makes this a very attractive speculative buy for me.

They are going to be looking for take off partner so this could be very interesting with Regards to financing in the feasibility study.

The risk is mainly “play” risk. I.e hitting helium deposits. They seem confident that the helium is there.
If well 1 hits the target it substantial derisks all three wells.
analysts have put a £1/share target on its back if well1 hits the money!

Has its own Reddit group now. Could see a decent rally.

Oh I get it, your being sarcastic because you don’t get time to get your isa in.
Hahaha
Be careful, given 88E have just had horrific news people will take your words a bit different to how you intend.
Gas flaring is great news.

I think they refer to the 88e update not Panr. Panr testing ongoing. Oil expected to flow and update soon.

Flaring gas and expect oil to flow.

Well in perfect condition.

Sold my 88e and threw it all in here
50% cheaper than 88E and further progressed.
Hopefully I’m ahead of the crowd and we get some rotation from 88e to here as people realise.

Been waiting 6months myself but it’s given me a chance to accumulate 1.96m shares so I’m happy.

MMs holding this back on recent good news flow has only made the risk lower and the free float smaller! Very sticky stock. Just my opinion

Exciting times ahead.

GLA

NIO:
"The company had ramped up production capacity in February to 10,000 vehicles a month, an increase from 7,500 previously, founder William Li said in a quarterly earnings call Tuesday. But a shortage in chips and batteries means Nio will need to fall back to the 7,500 level in the second quarter"

https://www.cnbc.com/2021/03/02/chinese-tesla-rival-nio-chip-shortage-will-hit-electric-car-production.html

800,000tpa would be 64,000t/pa of concentrate
Sale price $1250/t = $80m pa
Operating cost $350/t = $23m pa
Operating Profit = $57m pa - (would pays back the capex in less than 1 year)

They plan to start at 25,000t of concentrate and ramp up. (so starting with OP of $23m+)
For 10 years this plant would be fed by less than 1% of the total play.

GLA,
DYOR...

"An 800,000tpa plant and all associated infrastructure to complete a working
mine of this initial size have been estimated at a ballpark capex figure of US$30 million. "

in my view, they could have many options for financing such a small amount once the JORC is out. I'm sure a EV producer or two would welcome a contract to guarantee their critical mineral needs.

Capex is a drop in the ocean given the potential. No more than a couple of fracted oil wells and a whole lot less risky. Only 1m of top soil until you hit high TGC material, that's fantastic.

https://blencoweresourcesplc.com/wp-content/uploads/sites/23/2020/11/Blencowe-Update-5-Nov-2020.pdf

Great news. Huge potential.

"Following on from our recent announcement of high grade graphite in the Camp Lode, these additional excellent results at the Eastern Syncline Lode continue to highlight the robust results at Orom-Cross. Our drilling program has so far confirmed everything it was meant to in terms of location of graphite, shallow depths of the ore body, significant grade and evidence of larger flake sizes. These factors all combine to underline our belief that Orom-Cross is emerging as an outstanding graphite project."

A lot of big delayed trades yesterday. MMs still happy to mop up anything going spare.

Assay results should be next week, JORC in next 3-5weeks.

GLA.

Big buys continue to come through.
Graphite is going to be a hot commodity.

The US have it on their critical minerals list, the UK has identified it as being strategically important and the EU have it on their critical mineral list too. So with car manufacturers now publicly announcing their strategies to move fully into the EV market, the need for minerals associated with battery production are going to get ever more focus.

https://researchbriefings.files.parliament.uk/documents/POST-PN-0609/POST-PN-0609.pdf
https://post.parliament.uk/research-briefings/post-pn-0609/

"We take the valuation of the Orom Cross Jumbo Graphite Project determined by peer
comparisons when the project advances to the DFS stage of £25.5 million."

MCap currently £10m. Lovely.