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Huge volume this morning.. Dfs upgrade expected anytime, financing, offtake agreement in the works.
Dfs upgrade will knock this out of the park.

300,000 after hours buy.
I have a feeling the dfs upgrade will be huge.. Can't by too far off now.

Market seems to like matt bull appointment .. Back over 2p now.

It shows how committed mat is to the project!

Armadale Capital plc (LON: ACP), the AIM quoted investment group focused on natural resource projects in Africa, is pleased to announce the appointment of Mr. Matt Bull to the board of the Company as Non-Executive Director with immediate effect.

Mr. Bull has served as Technical Director of the Company since 2016 and has led the development of the Mahenge Liandu Graphite Project in Tanzania during that time.

Mr. Bull is an experienced geologist responsible for managing numerous exploration projects in remote locations in Australia and Sub-Saharan Africa including the running of multi-rig drilling programs with large support teams.

Nick Johansen Chairman of Armadale said: “I am delighted to welcome Matt to the board. Having served as Technical Director since 2016, during which time he has rapidly advanced Mahenge Liandu and established it as a long-life low-cost graphite project with a US$358m NPV and IRR of 91%, he is undoubtedly ideally qualified for this new role as Non-Executive Director. We look forward to leveraging his experience at board level as the Company transitions to emerging producer in the coming years.”

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/ACP/14515889.html

Regarding the incoming director, could be financing partner want their own man on the board.

As with offtake partners.. Project financing will come from China imo.

Directorship changes.

Have you a link to the podcast?

Director Matt Bull interview this afternoon, any questions tweet
https://twitter.com/MarketMusing/status/1248208293597777921?s=19

Buyers back this morning.
Going forward, dfs update & binding offtake agreements coming very soon imo.

https://twitter.com/ArmadaleCapital/status/1247170659454783488?s=09

#ACP #graphite

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On March 31st we announced a robust DFS for our high grade, high purity Mahenge graphite project in Tanzania

Work is underway to further improve upon these economics.

https://t.co/9mTREChDwX https://t.co/NhrogxS47i

Piler in the current crisis we're under the radar as in.. All in all we're just a.. nother brick in the wall. Not for long though!

Excellent commentary on two recent milestones.
https://youtu.be/zCqcCxF-IR0

Good news for electric vehicle manufacturers & battery materials suppliers -
https://twitter.com/ArmadaleCapital/status/1245613257747906566?s=19

From the article -
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. As Armadale itself put it in Tuesday’s release, Mahenge Liandu offers scope for improved economics through the “delivery of further detailed modelling of higher-grade zones”. Work here is already underway.

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

The current situation is unprecedented.. Markets are depressed.
But I think the company will step up putting the word out through interviews & presentations, can't come soon enough.