Member Info for jsd71

Think Blackrock funding announcement about to happen.

On the move.

Could be hugely significant for Acp

From HotCopper trading forum
post by Breakoutthecash -

'Based on my calculations Urbix have 10 days to announce an offtake with BKT based on their original 150 days'.

Some decent buying action here last few days, could be off the back of blackrock volume/interest returning.

Fair enough AIM on Epc, although I stand by nothing happening with Blackrock until after Chinese new yr, its the Chinese equivalent of Christmas & new yr so nothing much happens until after celebrations are done 7 to 10 days.

Blackrock also have Epc contract with a Chinese company -

EPC FRAMEWORK AGREEMENT WITH CHINA RAILWAY
SEVENTH GROUP
Black Rock has entered into a non-binding Cooperation Framework Agreement (CFA) with
state-owned enterprise (SOE), China Railway Seventh Group Co. Ltd (CRSG), a wholly owned
subsidiary of China Railway Group Limited
• China Railway Group is one of the largest construction companies globally
• CRSG to act as head Engineering Procurement and Construction (EPC) contractor for module
one Mahenge process plant and non-process infrastructure (NPI), with existing partner
Yantai Jinyuan (Yantai) to design and supply plant machinery and specific elements of NPI

Blackrock have Chinese offtake partners.

Don't think we'll here anything on Blackrock funding until after Chinese new year celebrations which start Sunday, basically 7 day holiday period across China.

Black rock mining up 14.7 percent.

Blackrock up 11 percent.

The unprecedented growth in electric vehicle production is expected to drive a huge uptick in graphite demand and pricing over the next decade.
https://www.google.com/amp/s/stockhead.com.au/resources/it-could-be-boom-time-for-african-graphite-mining-projects-as-ev-battery-demand-surges/%3famp

Wasa what do you think sp will be on start of production & 6 months later?

https://twitter.com/TheMarketBullAU/status/1509098888518516742?t=UyHrF_-03sGTIn2uhmQPuA&s=19

The gvment free carry isn't a bad thing as it will essentially make the tanz government a partner so that box will be ticked without having to worry about future retro taxes & disputes, also hugely beneficial to the Mahenge region creating jobs & infrastructure for years to come. Mahenge will become a hub for graphite production.

AIMtodeath, correct me if I'm wrong, thought the gvment free carry was fixed at 16 percent? Saying that expecting a bump up in npv when update dfs is out.. Graphite prices are trending upwards due to many factors & uncertainties only adds to securing reliable sources.
Acp are very well placed.

Elon Musk hearing news is imminent?

Matt Bull

https://twitter.com/TheMarketBullAU/status/1491002181222551554?t=IKMTvKSGGJomd4r27uZTbg&s=19

Sounds good to me.

- Enlarged Footprint

To ensure Armadale has the potential ability to scale up the Mahenge Liandu Project, the Board has applied for three incremental exploration licences, which lifts the total to four across 177.8 sq km (from 28.4 sq km previously). Two of the licences are contiguous to the Mahenge Liandu Project, while the third is circa 15km south. Encouragingly, all of the new ground captured by the licences is highly prospective for graphite mineralisation and significantly elevates Armadale's exploration potential in Tanzania.

Nick Johansen, Director of Armadale, said: "Our vision to become a significant low-cost graphite producer in Tanzania continues to take shape having secured the mining lease in September 2021. We are steadily making progress with all necessary regulatory requirements as we push ahead with plans to commence commercial mining operations in a timely manner. Concurrently, we are thinking beyond the horizon and have expanded the footprint significantly which collectively enhances Armadale's overall exploration potential in Tanzania."

I thought it was a upbeat rns, seems the company want to accelerate work to get to production.

4 x 500k buys.