Member Info for jsd71

Looks like we have a buyer.

Acp are primed for a huge rerate, look what's happening in the graphite sector.

https://marketrealist.com/p/why-is-westwater-resources-stock-going-up/

Westwater are a nasdaq listed mineral explorer now focused on graphite, they have had a massive rerate recently.

'On Oct. 6, Westwater Resources stock surged 42.5 percent after shooting up about 87 percent on Oct. 5. The stock surged about 200 percent the previous week. Also, the stock is up more than 300 percent since the beginning of October. Shares of Westwater Resources continue to soar following an executive order signed by President Trump on Sept. 30.'

From Westwater website -

On September 8, 2020 we announced that we had reached an agreement to sell our uranium business so that we could devote all of our available resources to the development of our graphite business and the Coosa Graphite Project.  This major step forward is important to the Company and its shareholders – and with it comes focus on a plan to produce battery grade graphite by the end of 2022 and cash flow to Westwater.

But why graphite?

Graphite is an important material necessary for modern life – it’s in your smartphone, your laptop, your car and your smoke detectors and flashlights.  It is what makes lithium ion batteries work – and provides performance enhancements for all other types of batteries.

The battery graphite market is growing quickly.  This is, in part, due to the electrification of our transportation network (cars and buses), proliferation of smartphones and other electronic devices, and the growing need for large electrical storage systems that help make renewable power more efficient and affordable.   This growth is worldwide, and there is very little battery graphite produced outside of China.

Director Matt Bull did say he wanted mining license granted before Tanzania general election which I think is the 28th Oct.. Maybe its about to be confirmed.

Link-
https://www.google.com/amp/s/www.thisismoney.co.uk/money/cars/article-8740123/amp/China-stronghold-lithium-ion-battery-supply-chain-EV-demand-soars.html

Worth reading.
China has a stronghold on the lithium-ion battery supply chain as electric vehicle demand soars, says new report

Acp are ideally placed to feed the ev boom.. this should rocket on key news.

'China has a stronghold on the lithium-ion battery supply chain, according to a new market report.' 

'Along with 72GWh of electricity storage demand, China also retains an estimated 80 per cent of the world's raw material refining, 77 per cent of cell capacity and 60 per cent of component manufacturing.'

The study claimed the US and Europe are both well positioned to close the gap in the next five years, but warned that Britain could slip behind by 2025.

Countries are desperate to increase their position in the sector - sales of electric vehicles have begun to surge and are likely to rocket in the coming years as governments introduce bans on the availability of petrol and diesel cars from 2030. 

Oct 4, 2020 -
Electric cars reached over 60% market share in Norway
https://www.electrive.com/2020/10/04/electric-cars-now-at-over-60-market-share-in-norway/

Our tanz neighbour ecograf Ltd (asx) are flying up 16 percent to 21c, mcap now AUD$76ml ..bodes well for acp

https://t.co/fjDH7zHe6p

This is a new cold war between American & its allies & China.. They both have deep pockets, & that's not including the others upcoming powers, India, Africa, South America, Russia etc, the way I see this is demand for electric vehicles, battery storage will be massive for lithium ion for at least the next 10 years.. It's an established proven technology that is growing massively every year with the likes of India etc.. whichever way you look at it graphite will be key for years to come President Trump has stated this as critical to the US.

Think of it this way.. Chinese companies are are trying to buy or get their foot in the door for everything, from 5g infrastructure in the uk to huge infrastructure & mining operations in Africa

https://t.co/BFuv7foNde

It is China’s massive infrastructure projects, including dams, railways, ports and telecommunications networks, that capture most attention. Between 2000 and 2014, the stock of Chinese investment in Africa went from 2 per cent of US levels to 55 per cent. McKinsey estimates that, at the current breakneck pace, China will surpass US levels within a decade.

Washington has belatedly woken up to China’s growing presence which is transforming both the physical and diplomatic landscape of Africa. In December John Bolton, President Donald Trump’s national security adviser, accused China of using “bribes, opaque agreements and the strategic use of debt to hold states in Africa captive to Beijing’s wishes and demands”.

https://t.co/kT6W3cxBHq

#ACP #graphite

MARKET COMMENTARY

#graphite identified as a critical mineral by the US

President Trump
'Like for gallium, the United States is 100 percent reliant on imports for graphite'
'I hereby declare a national emergency to deal with that threat.'

Potential to create pre tax cashflow of USD $985m over an initial 15 year mine-life based on just 25% of overall resource

https://twitter.com/ArmadaleCapital/status/1311590216940040192?s=19

Mining License news about to drop perhaps

https://miningmaven.com/company-news/59-armadale-capital/1037-are-investors-missing-a-massive-buy-at-armadale-capital-as-dfs-confirms-its-project-s-world-class-potential-acp

Are investors missing a massive buy at Armadale Capital as DFS confirms its project’s world-class potential? (ACP)

However, it is critical to note that the organisation that average sales price underpinning these economics is just $1,179 per tonne (“/t”). Not only is this considerably lower than the $1,271/t basket price used by the firm in its scoping study back in March 2018, but it is far below the rate that battery-grade graphite typically commands.

In May last year, Armadale’s neighbour Black Rock Mining was able to secure binding sales agreements for its “premium” (97.5-98.5% TGC) grade and “ultra” (>99% TGC) grade graphite of between $1,490/t and $2,161/t.

Armadale has proven that Mahenge Liandu can easily mirror these sorts of grades, with work last month confirming that the project is capable of grinding a consistent purity of above 97%. If, like Black Rock, the firm can sell its graphite for up to $2,161/t, then the impact on Mahenge Liandu’s fundamentals would be monumental.

Alongside this, the project itself offers an enormous amount of upside – current calculations utilise just 25% of its total resource, which remains open in multiple directions.

https://t.co/IKZhsWd55E

Acp are mentioned in the article

Investment in new graphite mining projects has since begun to return to Tanzania, spurred by a stabilising political situation, an increasing Chinese appetite for foreign imports, and the success of natural graphite projects in other African countries.

Companies developing flake graphite in Tanzania that have taken their projects to completed feasibility level include EcoGraf (previously Kibaran Resources, developing the Epanko deposit), Magnis Energy Technologies (Nachu), Walkabout Resources (Lindi Jumbo), Black Rock Mining (Mahenge), Graphex Mining (Chilalo), Armadale Capital (Mahenge Liandu) and Volt Resources (Bunyu).

We'll see.

Acp usually tweet when rns is about to drop..

https://twitter.com/ArmadaleCapital/status/1309428465515589632?s=19

Benchmark Minerals webinar today summarizing their take on Battery Day and their team echoed this sentiment that graphite will be the dominant choice for anode materials for the foreseeable future.”

Says it all really.. Mining Licence next imo, watch this space.

Elon Musk made big promises at Tesla’s highly anticipated event. But a prototype never appeared, and it was unclear what the company had actually achieved.

https://www.google.com/amp/s/www.wired.com/story/where-was-the-battery-at-teslas-battery-day/amp

Teslas new battery isn't due until 2023, hence the 10 percent drop in its share price.

Small 10k share top up for me. Bargain price currently.. I can't see this staying below 4p much longer. Mining license due any day, think that'll kick off news flow here, it'll move quickly.