Member Info for jsd71

Walkabout Res current share price 33c, In June after a run of excellent news updates it hit 44c.. that would make its mcap peak about $130 million, I can't see why Acp couldn't achieve similar as we're about to have our own flurry of company making news updates.. dfs, mining permit, binding offtake agreements, funding news & we have £1 million in funds.

Walkabout resources (asx) our graphite peer in Tanzania has a current market cap of $100 million (AUD).

German car giant Volkswagen said Friday it would plough €60 billion by 2024 into its switch to electric, hybrid and connected vehicles, as automakers around the world rev up electrification plans.

https://www.google.com/amp/s/www.thelocal.de/20191115/volkswagen-to-spend-60-billion-to-transition-to-electric-cars/amp

Mine Design & Project Engineer Site Visit Update

Move comes amid concerns that country has fallen behind competitors in a crucial area.
https://www.google.com/amp/s/amp.ft.com/content/c277ab22-ffa3-11e9-b7bc-f3fa4e77dd47

Volkswagen Will Begin Series Production Of Its ID.3 Electric Car On Monday

https://cleantechnica.com/2019/11/03/volkswagen-will-begin-series-production-of-its-id-3-electric-car-on-monday/

Volkswagen intends to be one of the biggest electric car manufacturers globally within just a few years from now. The output might reach 1 million annually by the end of 2022.
To reach such a high output, the German manufacturer will produce all-electric models (VW brand) in eight plants:
Zwickau, Germany (up to 330,000)
Hanover, Germany
Emden, Germany
Dresden, Germany
Mlada Boleslav, Czech Republic
Chattanooga, Tennessee, U.S.
Foshan, China (FAW-Volkswagen joint venture)
Anting, China (SAIC Volkswagen joint venture)
* two JVs (with FAW and with SAIC) are gearing for total of 600,000 BEVs per year.
https://insideevs.com/news/379255/volkswagen-1-million-evs-annually-2022/

A million traded in 20 minutes.. Great start again.

Tesla's $2billion China 'Gigafactory' which covers the size of 121 football pitches may begin production 'within days' as the US automaker 'aims to make 3,000 cars a week at the plant by the end of the year'

https://www.dailymail.co.uk/news/article-7587835/Teslas-China-Gigafactory-Huge-2billion-plant-begin-production-days.html

You could retire early on dividend income of 1 million shares.. Fantastic opportunity here, multiple news updates to come before Christmas.

This is an excellent summary.

2.60p to buy.

Brilliant news.. Dfs due November!

The Scoping Study, based on a 400,000tpa throughput, highlighted the following key positive metrics:

Producing an average of 49,000tpa of high-quality graphite products for a 32-year mine life;
The near surface nature of the deposit produced a low 1:1 strip ratio for the life of the mine;
The Project has a low operating cost of US$408/t, based on an average 12.5% TGC life of mine grade;
The Project has a pre-tax IRR of 122% and NPV of US$349m, with a low development capex of US$35m; and
The maximum draw-down during the construction of the project is US$34.9m and the after-tax payback period is 1.2 years.
There remains significant scope to further improve returns, with staged expansions as the current mine plan is based on circa 25% of the total resource.

Walkabout Resources back over $100 million market cap.

Share Talk interview

https://www.share-talk.com/armadale-capital-plc-lonacp-matt-bull-technical-director-interview/amp/?utm_source=twitter&utm_medium=&utm_campaign=&__twitter_impression=true

Resource Upgrade Confirms High Grade Near Surface Mineralisation

Armadale Capital plc (LON: ACP), the AIM quoted investment group focused on natural resource projects in Africa, is delighted to announce a meaningful upgrade in the Mineral Resource Estimate for its high-quality Mahenge Liandu Graphite Project (‘Mahenge Liandu’ or ‘the Project’) in Tanzania.

The results of the recent infill drilling campaign have seen the Mineral Resource Estimate increase to 59.5Mt @ 9.8% Total Graphitic Content (‘TGC’). Notably, the upgrade was largely underpinned by two coherent high-grade 3.1Mt @ 15% TGC near surface zones including 1.2Mt at 17.3% TGC.

Highlights

Results of the recent drilling campaign have been reviewed by Mark Biggs of ROM Resources who has signed off on a Mineral Resource Estimate of 59.5Mt @ 9.8% total graphite content
The revised resources estimate is broken down by categories as follows:
Measured: 11.5Mt @ 10.5% vs Nil previously
Indicated: 32.1Mt @ 9.6% vs 38.7Mt @ 9.3% previously
Inferred: 15.9Mt @ 9.8% vs 12.4Mt @ 9.1% previously
High-grade near surface drilling results have been incorporated into the resource model, with two high-grade coherent zones totalling 3.1Mt @ 15% TGC zones including 1.2Mt @ 17.3%
The implication of the resource model is that more high-grade near surface graphite can potentially be mined at a lower extraction cost in the early years, to bolster potential cashflow and enhance the Project’s overall valuation
Incorporating current topographic and recent drilling data into the geological model has significantly increased confidence of the revised Mineral Resource Estimate with 33.6Mt now in the Indicated and Measured categories
Results expected to have a positive outcome on the Definitive Feasibility Study (‘DFS’) currently being prepared
Nick Johansen Director of Armadale said: “This latest upgrade is extremely welcome news and there are a number of clear positives to take from it. Firstly, we now have materially higher confidence in the Mineral Resource Estimate with 11.5Mt @ 10.5% in the Measured category; and secondly it has demonstrated the potential to mine higher volumes of graphite in the early years at a higher EBITDA margin to enhance the Project’s overall upside. This upgrade reflects the substantial work undertaken by our team on the ground in Tanzania this year and is a clear demarcation as we continue to transform from explorer to emerging producer.”

Rns out.

If that's your thinking wiseinv1 invest elsewhere.

It's on the move!

Where is everyone?