Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Black rock mining are flying, they are a stones throw from us.
According to google blackrock at 22c
$187.16m (AUD) mcap which equates to £99m.
https://t.co/Rzuss2ejJ4
Consolidating nicely for the next leg up. Think we'll have news on Armadales investment in forum energy metals which has ten bagged, also multiple binding offtake news could land anytime now as they were well advanced in discussions & were waiting for ML to be finalised which we now have. Fantastic opportunity at this price with what's to come, finance will be a breeze.
https://twitter.com/ArmadaleCapital/status/1437764418394370048?s=19
Slide from our latest investor presentation showing the initial Mahenge 15 year mining schedule - note production ramp up to 121.5Kt of graphite concentrate per annum from year 4
https://twitter.com/ArmadaleCapital/status/1437403340665667588?s=19
Tweet by Dee Patel
Armadale Capital Price Target: 69p
This is based on a draft DCF of:
Graphite at $1500
Opex at $369
33% tax rate including royalty (basic, not true)
Capex: 70% debt-finance at 8%. 30% dilution at 10p
Over 10x upside on production
https://twitter.com/GungHoStocks/status/1436751877878779906?s=19
#ACP #graphite
@ArmadaleCapital
#mining #invest
https://twitter.com/ArmadaleCapital/status/1435882464849899524?s=19
https://twitter.com/TheMoneySponge/status/1435540516276428800?s=19
#ACP it takes tens of millions of pounds to take a project from exploration through resource definition, met testing, Bankable study and permitting
Armadale have done all of this with a cap of £28m
This is no explorer !
Multiple Binding offtakes first which will come quickly, then finace package will smash this out of the park. Expecting these wrapped up before year end. Matt bull will deliver, he has a huge stake in the company himself & is a qualified geologist with huge experience.
Demand will be huge for ev battery raw materials, acp are very well placed to take advantage of the ev boom.
https://www.bloomberg.com/news/articles/2021-09-06/bmw-orders-up-24-billion-worth-of-batteries-as-ev-demand-grows
Those offtakes & financing are the key, we have offtake partners & think binding agreements will be coming quickly now license granted. Finace required just $39 ml will be a breeze with the asset we've got & just 1.6 years payback.
Matt wants to get things moving asap & he will.
Note -
Syrah resources was a graphite minnow just like Acp.
Pre-finance Oct 27 2011 $0.05
Post Finance Nov 23 2012 $1.99
June 10 2016 $6.45