Member Info for ID78

The one thing is that FAR (apparently) has an ore that is cheaper and easier to process and refine and has 80% profit margin.

Nevertheless… FAR valued 16 times more than KEN and KEN has more ore … hmmmmm. (FAR ore NPV is said to be $2bill+ … KEN MCAP £3mill)…

I’ll add this to my watchlist. Thanks Troajan.

Weird .. MarketScreener tells me it was 6.18p, here is a bit different (6.15p)..

Resistance looks to be about 6.3p.

Day high was 6.18p today, so came close and pulled back. Hopefully push on through that tomorrow … I get a feeling it won’t be an issue.

Master is meaning 10p tomorrow ;-) … before news

Only joking.

This leg of the uptrend, my guess is 8p with no news.

But, there will be news. At the very least news on the velociraptor drill and no special usage land certificate.

Let’s face it though, it looks like there is more to be RNS’d here than just that…

Or it’s being updated….

I don’t think websites normally go down when an RNS is issued, so it’s perhaps an actual change to the website.

Or ….. it’s just down.

Sorry guys wrong board!

* andii * and zan that is meant to read

Honestly, my phone is a real pain. Doesn’t even recognise the word now … noo on the other hand apparently is a real word and it autocorrects every time !!

Andiron, Zan - thanks great posts.

So the market isn’t slow to adjust to increased demand. It’s that there is a glut of graphene and also synthetic Graphene is used in EV batteries. That, however could be changing.

All the same the increase in the price of lithium won’t necessarily be seen in Graphene.

Despite that, this has a great deal of promise given the MCAP vs resource value.

Hmmmm …. sounds like a buy signal trigger is imminent.

Wonder if there’s anyone that (rarely) posts on here that could confirm this.

Thanks again Andy, much appreciated.

Pretty sure I read somewhere there’s more Graphene than Lithium in an EV battery. It’s as if the market is ignoring the potential shortage of Graphene. For now.

Thanks Andy, appreciated.

I guess there’s something there in operating costs. FAR are working on 80% profit margin.

Balama = 65%
Montepuez = 60%
Madagascar, however = 78%

Anyway, I guess between BRES and TGR the decision boils down to.

Will BRES sell the resource or mine it? If the former then there’s profit sooner rather than later from the investment. Otherwise it’s years away, TGR is the better choice (if the latter).

TGR are producing already (generating cash so less funding needed, lesser chance of dilution), and increasing production…

Uggh the resource is potentially greater here than at FAR, meanwhile MCAP is lower (that should read)

Hi Andii

Saw your post over on FAR and decided to respond here.

FAR and TGR are both ones I watch, never bought. The potential as you showed is huge in both.

You clearly think the resource value is greater there than FAR, meanwhile the MCAP here is lower.

Then we have the advantage here of the EV market and the potential Graphene deficit driving prices.

Again I haven’t researched THR too much, it’s another ‘Once I release funds elsewhere I’ll turn my attention type of stock’. In the meantime I do have a couple of questions

1) You prefer the look of THR over BRES? (I have a feeling many on this board will have a view there)

2) The MCAP is low, what will change it this year? Or is this a buy now and wait for next year type of investment?

Thanks I’m advance

That’s exactly it, Vikinglass.

Photos get taken at significant events not everyday events

:-D

I have no idea if you are correct claws.

The link posted by Troajan suggests £2bill NPV and a 80% profit margin.

MCAP = £48mill

What is clear is the resource value and profit dwarfs the MCAP.

Lol … I don’t know how many buy signal triggers WOS has seen on his chart, but If wish I had a penny for each once.

I wouldn’t need Heron to come on line :-)

I’d agree, Matt. It looks like it is correct.

Normally you see buys of £10k to £20k from directors. That’s not really worth too much consideration IMO.

£40k to £60k … umm ok I start to take notice.

Over £500,000 - wow that is real ‘skin in the game’.

I’ve watched FAR for a long time, mainly due to Sir Mick’s interest, I’m going to have to start digging a bit further I think.

6,400,000 shares x £0.101 = £646,400 (I think)

and not £65,000…

it’s flipping massive if it’s correct

Must be.. 10% of the company.

Maybe out by an order of magnitude and 640,000?..

Am I seeing that right?

Approx £640,000. That’s some vote of confidence…