Member Info for maverick2471

#SO4 have announced a robust BFS today

Capex US$172m IRR 28% NPV US$465m Payback 3.5yr

#ACP scoping study

Capex US$35m IRR 122% NPV US$350m Payback 1.2yr

#graphite pricing less transparent than #potash of course

SO4 MCAP £120m
ACP MCAP £9m

ACP DFS due end year

4 great videos covering the ACP story, the last three cover recent news and provide an interesting peer comparison

High grades and High purities key here

Should feed nicely into the coming resource update and DFS

https://youtu.be/r7hhfWJqi1s
https://youtu.be/n-WG5teZL6I
https://youtu.be/NtDvA9cM4Oc
https://youtu.be/zw15WYa0r_c

buys outweighs sells yet again

MM's going to need to balance there books soon given news flow coming

chart looking good for a bounce too

Further MOU
Binding 0ff-take
Permitting
Mining License Award
Resource Update
Battery Limits testing work

DFS !

All over the coming weeks - solid base at 2p in too

My prediction £35-40m cap on all of that 10p+

a great thread that highlights all the key value drivers investors can expect - well worth a read though

https://twitter.com/TheMoneySponge/status/1177498162056978432?s=20

Great news company keep delivering like this and upon DFS and conversion to binding ofqtakes, no reason this company wont be at 10p £40m cap - thats just half of where walkabout got to on same milestones

And thats not far away either

Nice to see the SP consolidating before next news and churned a few larger sells.

Here si a list of news flow I think we can expect through to DFS only a couple months away, anything I missed?

Resource Update (incorporating 10-15Y High Grade operation) of initial 32Y Mine Life
Graphite Concentrate Battery Cell testing
Mining License Approval
Off-take MOU for remaining 19k/t pa
Binding Off-take
DFS
Project Financing

Post from ADVFN

meta1mickey18 Sep '19 - 11:42 - 1963 of 1963 Edit
0 0 0
Really good peer comparison from twitter, at Walkabout peak its equivalent 18/20p ACP share ie after they delivered DFS and binding off-take

Key to note at same stage ACP are at now WBT were still 3x our MCAp at £20m

ACP project higher purity

https://twitter.com/DragonsBreath99/status/1174218983190519808?s=20

https://youtu.be/r7hhfWJqi1s

Moneysponge coverage of ACP

$349m npv $35m capex 122% IRR

Scope to create stage 2 and 3 operations as original numbers based on just 25% of the resource

DFS deliver 2019
Mining license and permitting 2019
MOU conversion to binding agreement
Possible further MOU
JORC update to measured resource

BOD 22% skin in the game

Sub £5m cap vs same stage peers 2-4x higher!

HTTPS://youtu.be/r7hhfWJqi1s

yep not here for 10% long term hold for me sp today irrelevant to me

I do hope so - holding 1m shares currently with a mid 4p average but would love some stock at 2p which was below the IPO price lol

I think even the co-ordinated de-rampers here are gunna be disappointed sadly

The risked NAV of the portfolio is around 18p lol

There are plenty of stocks you could try and talk down on the Aim track market - this aint one but good luck

This company only came back on to my radar recently as I hadn't kept abreast of what they were doing

Having researched in detail the project vs Market Cap cant be ignored

Market Cap: £4m

Project Capex: $35m

Project NPV: $349m

Capex/NPV Ratio 1:10

NVP circa 88 x Market Cap

You will struggle to find a Capex vs NPV ratio of 1:10 on AIM for any other projects especially those such as graphite which will be in high demand for EV's given that the Mahenge Liandu project is also high grade large flake high purity product. Then there is the graphene market too.

Peers I have looked at are trading at 3 to 5 times higher market cap many with similar resource size and similar stages

Cant see how this does not rerate as DFS is completed

Currently its just under the radar and Sp driven lower because they said a while back they needed funding for the DFS

Now thats in place should be interesting…

he other highly attractive thing is the Capex is so low comparatively due to the low 1:1 strip ratios.

With the 5 year MOU in place for 30k/t pa and other offtake likely especially China driven since they are becoming a net importer of graphite and cant see much trouble getting finance either post DFS given also the market leading $400 per tonne opex

A great overview of the UOG portfolio

https://youtu.be/FqPj55ZkMY8

From here expect news on:

Colter

Crown JV now CPR's complete 95% UOG can farm down for free carry

Jamaica and Italy CPR's Jamaica should be hundreds of millions of barrels - thats just target 1 Colibri - seismic has determined larger targets which could result in an acreage offering multi-bin barrels

Italy Seismic East Selva 3-5X larger than Selva with $2m a year to UOG

Waddock Cross Drill (Development) H2 worth circa 200bopd to UOG and production expected 2019

Acle Farmin-in option

Portfolio has increased in NAV by 800% over last year risked NAV 18p per share / Un-risked 75p

So it really now is about moving the assets through further derisking to value

2019 should bet exciting not least as we expect a new deal anytime from now too

I have seen a number of posts regarding the terrible events in Brazil with the Iron Ore tailings facility dam incident

I have spoken to the company and HZM is and will NOT be affected in any way

The Horizonte Mine will not have a tailings facility or Dam. The waste product for the nickel processing is silica slag - completely different, a stockpiled waste product

This would not affect any nickel mining companies.

Furthermore Horizonte have all their permits in place. Any likely regulation changes or fall-out would only affect products with tailing operations

So Horizonte not affected by this and a long way from where this happened also

Hope that helps

https://youtu.be/MG4zKwwnjn4

Sounds rampy but Ive been building a position here for a long time whilst other stocks have been receiving attention. The portfolio NAV has increased 800% last year but market has missed it - this year the derisking and value should start coming.

I am confident of a rerate from current levels

£15m cap with £5m in the bank

Post from twitter

Between Waddock and Selva #UOG could close the year with circa 400boepd production - useful for.a company with a £10m cap minus £5m cash but these really are side shows to the other assets East Selva could be 3-5x Selva too and path to production upon success would be immediate

Excellent overview of the company and potential by Money Sponge on twitter

HTTPS://youtu.be/rlr2Q9op4Tc

Great overview

https://youtu.be/hDwrEeAxE4w

Excellent drill results from Arc today

🔹Respectable 05% Cu strikes
🔹Lengthy intersections
🔹From surface (good economics)
🔹Some decent cobalt numbers (for extra credits)
🔹Aligned with grades of nearby mega-mines
🔹Lining up to be project of scale
🔹More results to come