Member Info for jsd71

Acp at £100 million value could very likely start paying a dividend too. Crazy low sp considering the enormous value here.

Dfs, binding offtake, mining license, funding, decision to mine could all see the sp rocket.. Just look at Walkabout Resources, & they could all come in quick succession.
So do you get in now or risk waiting for the dfs or other significant news which must be very close?
The early bird..

https://www.mining-technology.com/news/barrick-gold-joint-venture-tanzania/

Barrick Gold and the Government of Tanzania have signed an agreement to launch a new joint venture (JV) to oversee the company’s future gold mining operations in the country.

The JV is aimed at reshaping Barrick Gold’s Tanzania operations that were consolidated through the takeover of Acacia Mining in a $1.2bn buy-out deal in September 2019.

The JV will also establish a sustainable business, which is capable of creating long-term value for the company’s stakeholders.

The latest move defines a new level of Barrick’s partnership with its host countries.

Barrick Gold president and CEO Mark Bristow said: “Since taking over the operatorship, we have been engaging with local communities to restore the mines’ social licence to operate and we are cooperating closely with the authorities to address the environmental issues at North Mara.

“In addition, we are working on a local supplier strategy, as well as a community development plan to create sustainable economic opportunities for the people around our mines.”

Dfs, mining license, binding offtakes, funding news, decision to mine..
Acp are about to transform into a viable mining company.

$1,272/t used by Armadale in the scoping study for Mahenge

So using that figure gives us -
68,000tpa x $1,272/t
= $86,496,000 Revenue
Wow.. $86. 5 million per annum
What's not to like dave.

Dfs will definitely be improving on the scoping study figures.

Rough calculation -

68,000tpa x Large flake graphite $830/t(+80 mesh)
= $56,440,000 Revenue

$56 Million per annum

Black Rock Mining signs EPC framework agreement for Tanzanian graphite project
2020-01-22 11:12:00
The Cooperation Framework Agreement with China Railway Seventh Group is aimed at advancing to an EPC contract for module one of Mahenge development.
“Big step forward”
Black Rock managing director and CEO John de Vries said: “This framework agreement is a big step forward for Black Rock and our Mahenge Graphite Project.
“To have Black Rock aligned with a project execution partner as large, established, Africa-proven and financially robust as China Railway Seventh is materially significant.”
https://www.google.com/amp/s/www.proactiveinvestors.com.au/companies/amp/news/911195

https://www.visualcapitalist.com/the-new-energy-era-the-lithium-ion-supply-chain/

500,000 Late & delayed trades now showing.

Hmmm..Can't by anything over 2500 shares atm. Either MM short of shares, or a big background order.

'testament to our confidence in the Project we now set our sights on the milestone target of commencing commercial production in H1 2021. The Board is optimistic that our strategic intent to transform from explorer to emerging producer will become a reality within 18 months'

Patience is a virtue possess it if you can, seldom found in women never found in man.

For those of you sitting on the fence, take a look at this photo tweeted from the recent Armadale Capital Project Engineer(Matt Bull was there) site visit update, the graphite is literally right on top of the ground.. Meaning very easy to extract!! I genuinely believe this is on the cusp of something huge. Next week will be pivitol for Acp.. Watch this space, 15p+ is absolutely achievable with this world class near surface graphite find.

https://twitter.com/ArmadaleCapital/status/1202507916667953152?s=09

Trading volume moving up daily now.. Next update will send this flying.

#ACP
?????????????? ???????????????? & ????????
??11.5Mt Measured @ 10.5%
??32.0Mt Indicated @ 9.6%
??15.9Mt Inferred @ 9.8%
??Optimised mine plan of 13Mt@ 12.5% TGC
??DFS underway to confirm 400,000tpa plant over 32-year mine life

News flow should start next week.. Armadale are about to transform into a mining company with a world class graphite asset. Good luck all.

And the rest.. 10p+ will all the newsflow coming imo.

Yorks, I think we could see 6 to 7p by xmas with all the newsflow.. culminating in a barnstorming definitive feasibility study.

550,000 buy now showing from this morning.