Member Info for jsd71

Short interview with Black rock ceo at the recent Mining indaba conference, says they were hoping to make an announcement on funding in a couple of weeks, so that's nearly 2 weeks up now since then. He mentions to 2 other banks which they are engaging with regarding finance.

5 minutes

https://youtu.be/uEL7kvzeWIo?si=vQuoIpKc7iHaP7Eu

Problem is the shareholders at blackrock have been waiting now in their 3rd year for finance, hence the share price going from 30c to 6c now, hopefully the funding wait is almost over but it seems many graphite players have been slow to get finance which now seems to be happening. About time too.

From blackrock announcement, thought this was interesting -

'The Company is also advancing other financing options, including potentially bringing in a partner at the Project

level as a less dilutive option than equity. Black Rock has been encouraged by the level of interest received and

Macquarie Capital (Australia) Limited has been mandated to run the partner process.'

China's Dec graphite exports slump after new export rules.

◾️Exports of natural flake graphite dropped 79.7% from a year earlier to 1,428 metric tons in December, versus 23,503 tons in November

https://twitter.com/BlackRockMining/status/1749579936938225897?t=u92Ontm7sT85tdyc7dvb6Q&s=19

Maybe it's Blackrock funding news imminent.

Global EV Sales Maintain Record Pace Of 1.3 Million In October 2023

https://insideevs.com/news/700033/global-ev-sales-october2023/

Announced today, Nissan will build three new electric car models at its plant in Sunderland as part of a £2bn investment by the Japanese manufacturer.

All good for ev battery materials.

China graphite export restrictions commence December 1st so the race to find alternative sources outside of China will be happening, come December we may see a sharp rise of flake graphite price.

China refines 90 percent of the worlds graphite for ev battery anodes.

Armadale Capital are very well placed now.

Buys coming in.

Our graphite peer in tanzania Walkabout resources are up 15 percent today on news saying they are poised to into production early 2024.

Intresting everyone seems to be lining up around the china restrictions coming beginning of December.

https://www.proactiveinvestors.com/companies/news/1032109/walkabout-resources-on-track-for-lindi-jumbo-to-come-online-in-early-2024-1032109.html

Twitter X

https://twitter.com/ArmadaleCapital/status/1721445546655990180?t=cAd9CiZBe1qGBzrkmJzs-g&s=19

Acp coming back to life.

https://twitter.com/ArmadaleCapital/status/1721450814991106158?t=7DUwnEO_s2jxn64Z21FD_A&s=19

Black Rock Mining secures $59.6m loan approval from The Development Bank of Southern Africa.

https://www.google.com/amp/s/themarketherald.com.au/black-rock-mining-secures-loan-approval-from-the-development-bank-of-southern-africa-2023-11-02/amp/

Think everyone needs to calm down.

Ecograf are flying, up again 9.5 percent today to 23c

Up another 20 percent today.

https://www.google.com/finance/quote/EGR:ASX?sa=X&ved=2ahUKEwjenKPAop2CAxW_T0EAHVEFB-YQ3ecFegQIFhAc

It getting noticed we're sitting on a hot commodity..

America & China are locked in an economic war, the graphite ban is really China hitting back against the recent US Semiconductor restrictions.

Its starting to hot up.

https://www.google.com/amp/s/www.bbc.co.uk/news/business-67141987.amp

China has hit back at the Biden administration's decision to impose new restrictions on advanced chip exports.

The foreign ministry said the curbs "violate the principles of the market economy and fair competition".

The measures target chipmaking tools as well as advanced chips, including two from market leader Nvidia.

The move is being seen as an attempt to close loopholes that became apparent after an initial wave of chip controls last October.

America said the measures were designed to prevent China from receiving cutting-edge technologies that it could use to strengthen its military, especially in the field of artificial intelligence (AI).

The Biden administration has denied it was trying to hurt China economically, but Beijing's foreign ministry branded the move "forced de-coupling for political purposes".

Chinese stock markets which feature chip-related companies have seen modest falls since the announcement. The CSI Semiconductor Index dropped 1.4% on Wednesday, while the STAR Chip Index lost 1.2%.

How do

Graphite stocks are shooting up everywhere on back of China export curbs.

Blackrock up 35 percent

Syrah resources up 41 percent

Ecograf up 24 percent

500k buy.