The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Sounds very promising.
"The board believes that the Canyon Silver transaction creates a significant opportunity for Armadale in a safe and proven geographic, legislative and perhaps most of all a rich and proven geologic area of North America. Industries using silver, lead and zinc are well known and continuing to grow with exciting demand fundamentals. Concurrently, the silver, lead and zinc producing areas of North America have been in hibernation or shrinking since the early 1980's until now. Today they are turning to growth, with America's focus on local production and refining of these core strategic metals for energy and related technology. In addition, silver is invaluable in solar panels, certain batteries and electronic components and always as an alternative and complimentary money and store of value alongside gold."
Comparison -
Blackrock IRR is 36 percent
Blackrock TGC (total graphite content) 7.8 percent
Module 1 Capex $225 million
- - - -
Armadale Capital IRR 91 percent
Armadale Capital TGC (total graphite
content) 9.8 percent
Capex $40 million
Acp is tremendous value, a no brainer.
Blackrock mining $113ml loan approval
https://twitter.com/BlackRockMining/status/1768425074066165836?t=01DkzgtSUUnlFNNHwIOhlQ&s=19
Https://smallcaps.com.au/syrah-resources-global-move-away-chinese-battery-metals-posco-deal/
Blackrock finace & term sheet is about to drop, the ceo said so himself at the indaba conference interview just this month.
This then will be the springboard for acp & launch Mpokoto as viable graphite hub.
Short interview with Black rock ceo at the recent Mining indaba conference, says they were hoping to make an announcement on funding in a couple of weeks, so that's nearly 2 weeks up now since then. He mentions to 2 other banks which they are engaging with regarding finance.
5 minutes
https://youtu.be/uEL7kvzeWIo?si=vQuoIpKc7iHaP7Eu
Problem is the shareholders at blackrock have been waiting now in their 3rd year for finance, hence the share price going from 30c to 6c now, hopefully the funding wait is almost over but it seems many graphite players have been slow to get finance which now seems to be happening. About time too.
From blackrock announcement, thought this was interesting -
'The Company is also advancing other financing options, including potentially bringing in a partner at the Project
level as a less dilutive option than equity. Black Rock has been encouraged by the level of interest received and
Macquarie Capital (Australia) Limited has been mandated to run the partner process.'
China's Dec graphite exports slump after new export rules.
◾️Exports of natural flake graphite dropped 79.7% from a year earlier to 1,428 metric tons in December, versus 23,503 tons in November
https://twitter.com/BlackRockMining/status/1749579936938225897?t=u92Ontm7sT85tdyc7dvb6Q&s=19
Global EV Sales Maintain Record Pace Of 1.3 Million In October 2023
https://insideevs.com/news/700033/global-ev-sales-october2023/
China graphite export restrictions commence December 1st so the race to find alternative sources outside of China will be happening, come December we may see a sharp rise of flake graphite price.
China refines 90 percent of the worlds graphite for ev battery anodes.
Armadale Capital are very well placed now.
Our graphite peer in tanzania Walkabout resources are up 15 percent today on news saying they are poised to into production early 2024.
Intresting everyone seems to be lining up around the china restrictions coming beginning of December.
https://www.proactiveinvestors.com/companies/news/1032109/walkabout-resources-on-track-for-lindi-jumbo-to-come-online-in-early-2024-1032109.html
Twitter X
https://twitter.com/ArmadaleCapital/status/1721445546655990180?t=cAd9CiZBe1qGBzrkmJzs-g&s=19