Member Info for Phoebus

And only two posts today. Unreal.

The figure of 1.46 TCF 2C recoverable net to FOG for the Velkerri B Shale Gas Pool referenced in today's RNS amounts to 243 million barrels of recoverable oil equivalent net to FOG. That's a huge amount onshore for a market cap of only £100M.

The figure of 1.46 TCF 2C recoverable net to FOG for the Velkerri B Shale Gas Pool referenced in today's RNS amounts to 243 million barrels of recoverable oil equivalent net to FOG. That's a huge amount onshore for a market cap of only £100M.

Great points GG. I think a direct comparison of just the graphite resources is OK and it illustrates just how good ACP's graphite resources are even compared with LSE sector market cap leader TGR. However you are correct to enumerate TGR's other business streams when comparing market caps. TGR is great, but I still think ACP looks severely undervalued.

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Slight typo with KT used incorrectly instead of MT in first line. Correct version.

Just to put it into perspective how significant ACP's Mahenge project is consider the following. Mahenge has 5.84 MT of graphite at 9.81% of which 1.2 MT are measured and 3.1 MT indicated. The stock with the next largest graphite JORC resources on the LSE is TGR, which for its Vatomina and Sahamamy projects combined only has 1.15 MT graphite at 4.5% of which only 0.38MT is indicated with zero measured and with no DFS. I checked this earlier this year, so there may have been some adjustments so please check, but you get the picture. By the way, TGR market cap is £93M whilst ACP is only £30M.

Just to put it into perspective how significant ACP's Mahenge project is consider the following. Mahenge has 5.84 KT of graphite at 9.81% of which 1.2 MT are measured and 3.1 MT indicated. The stock with the next largest graphite JORC resources on the LSE is TGR, which for its Vatomina and Sahamamy projects combined only has 1.15 MT graphite at 4.5% of which only 0.38MT is indicated with zero measured and with no DFS. I checked this earlier this year, so there may have been some adjustments so please check, but you get the picture. By the way, TGR market cap is £93M whilst ACP is only £30M.

on dreadful US macro data causing drop in USD.

It's lamentable that some are willing to settle for so little especially when plenty of low quality shares rocket far more in market cap on next to nothing. As far as I can tell this is by far the biggest, highest grade and most advanced graphite JORC resource on the LSE with an DFS NPV worth about ten times the current market cap. Perhaps a few wallets are focused on FOG today given their transformational update. However, whichever way you look at it today's news is a massive step forwards for what is a quality asset at a bargain price and should lead to a re-rate in SP.

LOL

LOL

It's 08:08 in Toronto right now, so you're half right. 14:30 start.

This might help. ;)

https://johnlewis.scene7.com/is/image/JohnLewis/237741473?$rsp-pdp-port-640$

I thought it was 14:30 for the TSXV. Is there a pre-market Dave?

Salivating at the prospect of cheap DELT shares. Are the MMs that daft? :D

Or yawning even.

Utterly pathetic. They don't deserve to benefit so good riddance. Today's news is transformational and kind of out the blue. Valuation gap is yawing.

Oilheadgame. Very low number of recent posts. Filtered.

NZ govt? Err ... it's onshore Australia.

https://i.chzbgr.com/full/9058402560/h92241662/dog