Member Info for jsd71

Quick calculation 400,000 tonnes per annum of Graphite 12.5% total Graphite Content. 400,000tpa X 12.5% tgc = 50,000tpa of Graphite 50,000tpa X $1150(Large flake size price) =$57,500,000 per annum Acp's resource also contains arge amounts of the XL flake which is a premium $1,750 per tonne. Absolutely massive potential here.

31 Year Mine Plan Completed for Mahenge Liandu Graphite Project Mon, 19th Mar 2018 07:00 Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company 19 March 2018 Armadale Capital Plc (‘Armadale’ or ‘the Company’) Mahenge Liandu Pit Optimisation and 31 Year Mine Plan Completed for Mahenge Liandu Graphite Project Armadale, the AIM quoted investment company focused on natural resource projects in Africa, is pleased to announce that an optimisation study for the Mahenge Liandu Graphite Project in Tanzania (‘Mahenge’) has now been completed by ROM Resources. The results of the optimisation study were used to generate a mining schedule focusing on high grade near surface mineralisation. The first seven years of production show exceptionally high graphite grades averaging 15.5% Total Graphitic Carbon (‘TGC’) with an average grade of 12.5% over the life of mine. Overview A mining schedule over 31 years was produced at 400,000 tpa averaging 12.5% TGC over the life of the mine The initial seven years show an exceptional average grade of 15.5% TGC The near surface nature of the deposit produced a low strip ratio of approximately 1:1 for the life of the mine Substantial potential for both the expansion of the throughput and mine life due to the large size of the resource Optimisation results underpin the low cost, high grade potential of the project, which together with the high quality of the graphite concentrates produced to date point to the ability to produce an extremely robust initial scoping study, results of which are expected in the coming weeks and will provide initial project economics A diamond drilling programme, targeted to commence in Q2 2018, will focus on obtaining representative samples of ore from the first areas to be mined as well as geotechnical drilling to support the final pit design Nick Johansen, Director of Armadale said: “To have defined a 31 year mine plan that can produce 400,000tpa of graphite at a grade of 12.5% is very exciting. Crucially the mine plan is based on near surface material with a very low strip ratio, which has positive cost impacts as the deposit will be relatively simple to mine and metallurgical test work to date has shown that minimal processing is required to produce a high grade, quality graphite concentrate. The results of this mine plan and optimisation work will feed into the Scoping Study, which is now nearing completion. The results will give a clearer indication of the project economics from which we will be able to better define our development plan. We look forward to sharing the results of this with shareholders in the coming weeks.”

https://stockhead.com.au/resources/elon-musks-tesla-gigafactory-shows-battery-production-heading/ Elon Musk’s Telsa gigafactory in Nevada will be the “barometer of global battery production”, says the boss of graphite play BlackEarth Minerals. “It’s truly remarkable what Elon Musk is achieving with his Tesla gigafactory in Nevada in the United States – it will be the true barometer of global battery production,” BlackEarth’s Tom Revy told the Paydirt Battery Minerals Conference in Perth on Thursday. esla is putting the finishing touches on its first Gigafactory in Nevada, US, to produce lithium-ion batteries for its much-hyped electric cars. Gigafactory — a term coined by Tesla — refers to a facility’s annual production capacity in gigawatt-hours (GWh). One GWh is the equivalent of generating 1 billion watts for one hour. Tesla’s Nevada gigafactory will produce at least 35 GWh of batteries annually. “Once fully operational in 2020, it will lower its cost of producing batteries by 30 per cent – the site will produce more batteries than were produced globally in 2013,” Mr Revy said. “By 2020, the total cost will be in excess of $US5 billion ($6.3 billion).” Each electric vehicle battery requires 60kg of graphite – more than twice the amount of lithium needed. The forecast is that as much as 70,000 tonnes of flake graphite each year may be required for the Tesla factory alone. Mr Revy said battery cell manufacturing capacity, led by China, over the past four years has more than doubled to 125 gigawatt hours (GWh) and is projected to double again to 250 GWh by 2020. A further 60 gigafactories are expected to be built by 2037, multiplying production 10 times from 2020 estimates. Tesla’s gigafactory battery making facility in Nevada. Another three graphite anode plants with an annual capacity of 100,000 tonnes per annum are being built in China and Japan, which will bring the total new capacity of anode megafactories to 360,000 tonnes per annum. These factories alone will require over 800,000 tonnes per annum of mined flake graphite.

Battery metals look a sure thing as car makers lock in long-term contracts. BMW has locked in contracts with Samsung for products due to be delivered in 2020, Infinity Lithium (ASX:PLH) director Humphrey Hale told the Paydirt Battery Minerals Conference in Perth on Wednesday. “Those contracts last for three to five years, which has an implication that the chemistry for EVs [electric vehicles] is fairly well set and established up until 2025,” he said. “So the huge investment that is required to build battery plants and set in place lithium mines, graphite mines, cobalt mines to produce that chemistry is here to stay for the foreseeable future.” https://stockhead.com.au/resources/electric-car-makers-shoring-battery-metals-supply-now/

On the other hand they may surprise us with news this quarter..first time for everything.

When buying even small amounts, possibly someone buying a large amount.

Tanzania stocks get a lift as Magnis wins breakthrough with government deal. https://stockhead.com.au/resources/aussie-juniors-receive-uplift-first-tanzanian-government-deal/

https://stockhead.com.au/resources/aussie-juniors-receive-uplift-first-tanzanian-government-deal/ Although the deal Magnis struck covers the processing of graphite, it has positive implications for other Australian resources players. The legislative changes were aimed at encouraging more in-country processing of minerals rather than exporting raw material straight out of Tanzania. The Export Processing Zone Authority has been tasked with promoting and facilitating the establishment of Special Economic Zones (SEZ) to host minerals ore beneficiation industries linked to a value chain of associated downstream industries. Magnis is the first emerging graphite producer to receive a SEZ licence. To date the majority of existing SEZ licence holders are in the agriculture processing, assembly and engineering, and textile and apparel sectors. Things are likely to ramp up now that the new mines minister, Angellah Kairuki, has returned from maternity leave and the mining commission is about to be formed. “You’ll probably see a lot of decisions being made and it sounds positive,” Mr Witham told Stockhead. “It sounds like they’ve realised they need to approve projects to go forward to get investment.”

I have a feeling things are about to heat up..

Aisimwe Kabunga is Volt Resources (Graphite) chairman & Armadale Capital’s largest shareholder.. Interesting times ahead.

A. Kabunga is chairman of Volt Resources, another graphite player in Tanzania. They are looking to raise funds through a Bond issue through their partnership with Exotix Capital on the Tanzanian stock exchange. Maybe this is the route Acp may take when the time comes? From Volt Resources website “We will also concurrently advance our planned Tanzanian bond issue through our partnership with Exotix Capital aimed at securing the required funding for the development of Stage 1. “It is also worth noting the recent funding success of Tanzanian based Swala Oil & Gas PLC, with Exotix Capital placing an initial tranche of US$25 million. This demonstrates Exotix’s strength in financing selected high quality natural resource projects in Tanzania.

Scoping study update & gold agreement due 1st quarter..could land anytime.

Ah Mr Bond...we meet again.

PEER COMPARISON Kibaran Resources, a neighbour of Armadale Capital, in Tanzania, has a JORC indicated mineral resource estimate of 12.8Mt at 10% TGC, for 1.28Mt of contained graphite. Here’s some of the figures from Kibaran’s bankable feasability study:  Pre-tax NPV10 of US$211m  Annual EBITDA of US$44.5m Kibaran Resources have market capitalisation of A$36.63m (£20.2m) and Armadale Capital’s Indicated Resources are 3 times the size and their current market capitalisation is just £5.2m. https://www.**********.co.uk/blogs/3-reasons-add-armadale-capital-acp-vox-markets-watchlist/

Tanzania - https://oxfordbusinessgroup.com/news/tanzania-become-top-producer-graphite In mid-January Volt Resources, an Australian flake graphite development firm focused on Tanzania, raised $4.7m in capital to help fast-track the initial stage of its flagship Bunyu graphite project. The funds – raised through a structured bond issue on the Dar es Salam Stock Exchange – will be used in the first production phase of the project, whose output is expected to reach 400,000 tonnes per annum (tpa) of ore and 20,000 tpa of graphite products. The graphite extracted from Bunyu will be used to make battery anodes as well as flame-******ant building materials. Soon after raising the capital, Volt Resources submitted an environmental and social impact statement for the project. First-stage feasibility studies are expected to finish in the first quarter of 2018, and the company is currently preparing its mining licence application, which marks the last step before works can begin. Multiple graphite projects under development following 2015-16 discovery Bunyu is the largest of several graphite projects to launch in Tanzania in recent years, following the discovery in 2015-16 of substantial graphite deposits in the country’s south-east by mainly Australia-based developers. In addition to the Bunyu project, Volt Resources is developing the Namangale project, which has the capacity to produce 100,000 tpa of graphite. Magnis Resources, meanwhile, is developing the Nachu project, which has a 240,000-tpa capacity and a lifespan of 15 years, while Kibaran Resources is developing the Epanko project, with the capacity to produce 44,000 tpa. Once fully operational, the projects should position Tanzania one of the top-three graphite producers in the world. The global graphite market was worth $15.8bn in 2016, according to market research firm Future Market Insights, and is forecast to see a compound annual growth rate of 6.7% through to 2027, driven in part by demand for Lithium-ion batteries, which are used in a range of products, including electric cars. In 2016 China was the largest producer of graphite, at 780,000 tpa, while India came in second, with 170,000 tpa, and Brazil third, with 80,000 tpa.

We should be getting an update on the gold agreement in March according to the RNS. Armadale, the AIM quoted investment company focused on natural resource projects in Africa, is pleased to announce that it has entered into a heads of agreement (‘HOA’) with Weghsteen Capital Advice SA (‘WCA’) to sell its interest in the Mpokoto Gold Project in the Democratic Republic of Congo (‘Mpokoto’) for total potential consideration of US$562,500 and a 1.5% royalty on gold produced. WCA is acting on behalf of Radismore Limited (‘Radismore’), an investment vehicle incorporated under BVI law, which is fully funded and committed to starting gold production at Mpokoto within two years. The HOA is subject to execution of a formal binding agreement, which is expected Q1 2018. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ACP&ArticleCode=ej6rpl5a&ArticleHeadline=Armadale_agrees_to_sell_noncore_Mpokoto_Project

Key Shareholders as at 19/12/2017 which hold more than 3% in the Company: Kabunga Holdings Pty Ltd 12.05% HSDL, stockbrokers 7.2% SVS Securities 6.25% Hargreaves Lansdown, stockbrokers 5.83% Barclays Stockbrokers 5.4% Pershing, New Jersey 4.85% Australian Holders 4.72% Resource Corporate 4.70% TD **********, stockbrokers 4.35% Directors 1.57%

Longtime importers fret over higher prices and possible shortages TOKYO -- Steel, petrochemicals, timber, cardboard -- prices are spiking in a host of industries. Technological advances and lifestyle changes are driving up demand for certain materials and drawing supplies away from traditional uses. Powerful new players like India are also making their presence felt in the resource race. In other words, procuring materials in 2018 will not be for the faint of heart. Steelmakers' misery Manufacturers of reinforcing steel have a major procurement headache of their own -- thanks to electric cars. While there may be no obvious link between the two, vehicle electrification is complicating life for steelmakers by disrupting the market for graphite electrodes. The electrodes are mainly used in electric furnace steel production and are essential for making the bars used to make reinforced concrete, or rebar. But the price of raw materials for their manufacture has skyrocketed in recent months. So in December, carbon products manufacturer Tokai Carbon announced that it would double the price of its electrodes to 900,000 yen ($7,990) per ton from April. Other major Japanese makers like Showa Denko and Nippon Carbon are likely to follow suit. "It will be the most significant hike in electrode prices we have ever seen," said a director from mid-tier steelmaker Sanko Seiko. https://asia.nikkei.com/Markets/Commodities/Hot-tech-and-rising-economies-disrupt-materials-supply-chains

Exactly Safetrader...looks like the word is spreading.

According to northerngraphite.com, Jumbo flake size (XL) is now $1,750/t Current graphite prices US$/tonne (94-97%C) XL flake $1,750/t (+50 mesh) Large flake 1,150/t (+80 mesh) Medium flake $950/t (+100 to -80 mesh) Small flake $700/t (-100 mesh) http://northerngraphite.com/graphite-pricing/