Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Vaccination rate across Europe is picking up pace rapidly especially Germany, France, Italy and Spain. Key thing to remember is the vaccination is working. Look at the situation in Israel. Just a matter of waiting now.
There is a lot of pent up demand for cruises. A simple Google search will back this up.
Not that it matters who says what on this board as it won't affect a company of this size but just remember there are several types of posters including those who don't actually invest anywhere due to whatever reason including but not limited to not having the funds or maybe having had severe losses in the past hence they will spend all their time posting negative stuff as they cant digest the fact that others are able to still invest in stocks.
The Bloomberg article from below was from dec 2020 when copper price was around $7k per ton. Its now $9k so thats about $7k profit per tonne. If copper price holds or goes higher than we should comfortably beat the high of the last peak of £4.50 easily by summer.
Cash Cow
Glencore's copper mining margins are surging as costs fall and prices rise
The world’s biggest copper miners are enjoying a rare bonanza, helped along by fallout from the coronavirus pandemic.
"That comes as copper reaches seven-year highs, currencies in major producing nations tumble, and low oil prices keep a lid on costs. The unusual combination of falling costs and rising prices is also boosting the shares of copper miners, which show little inclination to increase supply into a tight market.
That heady mix is yielding Glencore Plc’s biggest dollar margin since it started releasing consistent breakdowns three years ago, and possibly the highest since its takeover of Xstrata in 2013. The company’s copper department looks set to make more than $5,000 on each of 1.1 million tons it expects to produce next year, it told investors last week.
“So it’s clear we’re generating a large amount of cash at current spot prices,” Chief Executive Officer Ivan Glasenberg said on the investor call last Friday. “It’s looking very good for copper going forward.”
This will get back to over £1 soon. Its not like there's been a heavily discounted share placing aka RR. The new shares will be at a premium to the current price. PLUS the key thing is the two main markets for CINE that account for 90% of revenue are vaccinating at a phenomenal rate. Pretty soon the US and UK will have herd immunity,
Just a matter of putting your feet up and waiting a few weeks.......
Key is US subcriptions of of Britbox is over 2.5m. This will be the key driver of the sp to £2 in the next few months
Been a long time coming, finally into some decent profit after being nearly 70% down at one point. Just gutted i didnt average down in the 20's but to be fair the situation then was uncertain hence the price. But now with lockdown almost over and a massive slate of delayed films due to come out soon, the sp will just keep motoring on especially once the short squeeze happens as well
The main reason why this fell to below £6 earlier this year was because there was no vaccine and no one knew when a vaccine would be produced hence the massive uncertainty. The situation now is completely different. People are now being vaccinated and there is light at the end of the tunnel. Once the high risk groups are dealt with, the death rate from covid will drop as over 90% of deaths are over 65 year olds. This will lead to travel restrictions being lifted maybe as soon as March.
Its not a case of if but when the likes of EZJ and CCL start reflecting this in their sp. The current price is about as low as it will get IMHO, it may get into the low 700's but I wouldn't bet on it.
@260. Its a small retrace today but this is pne of the best recovery stocks to be in. Pre- covid this was well over £4 and rising. By April this will be over £4 if the vaccine works as expected.
Can i ask where you are getting this info from, is it on LSE?
The pricing of the graphite will depend on the purity and size of the flakes, its hard to find out prices as they are normally kept secret but I have found some info . In September 2019 95% Graphite flake prices in China were $543 for small flakes, $691 for coarse flakes, $896 for large, $1368 for jumbo and $1799 for super jumbo flakes.
Important to note this is for 95% graphite and we are looking at producing 98%+ and hopefully 99%+. The prices we will get will be in excess of $1000 per tonne if the lab results show that the graphite we produce will be suited for the lithium battery market as that is where future demand growth is going to be.
With production costs of less than $400 and assuming the selling price is $1100 as quoted in the DFS then that's $42M gross profit in stage 1 and $84M gross profit when production doubles in stage 2.
This project is a no brainer. There are not many mining projects out there that even come close to giving this sort of IRR. If it wasn't for the background seller then the current share price would be at least double. Personally I think who ever the seller is, they have finished off loading and now the re-rate will begin. It doesn't take much buying to get this share moving up. Once 4.5p is cleared than it will be a clear path to 8p-10p.
According to Tones77777, Matt Bull has emailed that there will be an updated RNS early next week. Doesn't matter when it is though. We are really close to the end now. Any further positive updates now will be transformational. There are many possible types of news that can lead to a re-rate.
There is the mining license update, project financing, lab test results and also MOU'S being converted to binding agreements. Just need to get in early and wait for the good news.
"China continues to ramp up natural graphite imports to meet rising domestic demand from its lithium-ion battery sector.
According to Roskill, monthly imports are now up 2000 per cent since the end of 2017, with almost all new supply coming from Mozambique and Madagascar.
Prior to the end of 2017 China imported less than 1000 tonnes a year. In May 2019 imports exceeded 22,000t.
China has significant resources of battery-grade graphite, Roskill says, but many of the deposits being exploited are getting deeper and more expensive to mine.
“Coupled with rising environmental costs and other costs of production, China is looking increasingly to foreign sources of supply, in particular, those in Africa,” Roskill says."
ACP has already got 3 MOU's from Chinese companies in place for 60k tonnes per year which is 100% of the 1st 3 years output so there is plenty of demand. Everything is now lined up. There is plenty of news due in the coming weeks. Just have a look at Walkabout Resources on ASX. They have got a graphite mine in Tanzania which also has low capex but has a much smaller resource. After they converted their MOU'S into binding offtake agreements in 2019 their mcap went up to £80M and their offtakes were only for 30k tonnes a year. Once MOU's are converted then I would expect a minimum of 15p a share.
The problem with getting a correct value for ACP is that there are no other graphite producers on AIM or the main market that ACP can be compared to. If this was an Australian company then the mcap right now would be at least £25M as it would be compared to Blackrock who are currently worth £34M. Blackrock have a mining license but other than that they are at a similar stage.
If you compare the key metrics then ACP have a much more financially sound proposal then Blackrock. The initial capex for Blackrock is $116M compared to $39M for ACP. The FOB production costs for Blackrock is $494 per tonne compared to $369 for ACP. The IRR for Blackrock is 44.8% compared to 91% for ACP.
More importantly only 25% of ACP's resource has been explored so there is potentially a lot more graphite then what has been currently identified. Another key fact is that ACP have a higher TGC % then Blackrock's. We have an average of 9.8% TGC compared to 7.8%.
This is where the key value is. With graphite its all about the purity. There is a massive difference between graphite that is at 94% purity then 97% purity and again a bigger difference between 97% and 99%. It is much easier and cheaper to get 99% graphite when the starting material is over 9% as there are fewer steps required in the purification process. This graphite is also highly sought after by the battery makers so will command a premium over the average graphite price.
If Blackrock is worth £34M after getting the mining license then ACP should be around the £50M mark once they get theirs. If it wasn't for the seller (who hopefully has finished off loading) then then current sp would be at least double.
Just need to wait for next week. Im hoping for smaller consistent rises then a massive spike. Anything over 10% a day will be great.
Todays big sell at the end of the day was a specific amount of 907.5k shares when on other previous days it has been 500k, 1m or even 2m shares. Who ever the seller or sellers are they must only have a certain amount of shares to off load so it could be this was the last few shares left as there have been chunky sells on quite a few days over the last few weeks which in total are in the tens of millions.
Maybe I'm overthinking it but it could be that this was the last few shares left to sell hence it was not a rounded up number of shares. Yesterday there was a 1m sell that showed up after trading but today it was only 907.4k even though there was more volume today so no reason for it to be another 1m unless the seller didn't have a million shares left.
Next week will be exciting though. There are 3 different types of news that can lead to a re-rate. The first is the mining license, there is also the lab testing result from Australia and finally the big one which news on mine financing.
Mcap should be in the £50M region once news starts filtering through which makes it 10p a share. The first set of news should see the share get to 6-8p and then subsequent updates will lead to more rises.
Ive been researching graphite the last few days. World demand is currently around 1.2M tonnes a year and is projected to go up annualy around 5-9% Thats an extra 60k to 100k tonnes per year additional graphite.
Currently graphite is over supplied in the market due to Syrah Resources and their huge mine in Mozambique but this will not last. By 2023 the market will be in severe deficit if new mines are not started up and considering it takes a year at least to construct a mine, ACP is in an ideal position to profit once graphite prices recover.
It takes 1000 tonnes of graphite to produce 1Twh battery. So a factory making 100 Twh batteries per year will need 100k tonnes of graphite a year. Just need to look at the Tesla Giga factories springing up and you will see that graphite demand will explode in the next year or so along with graphite prices.
Looks like the seller has cleared as well. Only 2 sells todays and in total less than £500. The rest of the trades have been buys. L2 is looking really good as well. Only 1 MM on the ask at 3.8 and then its another tick up.
This will finish over 4p at days end at the current rate.
Actually ACP has a better mine than Blackrocks. Their TGC grade is around 7.8% while we have over 9% TGC. With graphite its all about the purity and the quality of the flakes. Its not a case of one size fits all. Mahenge project will produce graphite that is perfectly suited for lithium batteries so will be in massive demand.
Cant wait for next week, anything under 5p is a bargain at the moment
Blackrock has a neighbouring mine which is similar in size to ACP's. They have got a mining license but have not started mine construction yet. They are currently valued at £34M. So as an indicator once ACP gets the mining license granted the sp should be at least 6p.
Its not just the announcements its also the fact that they will be fast tracked. Before the end of the year people will start getting the vaccine shots. Once this news is confirmed the real re-rate will begin. We already have 2 vaccines and the 3rd is on its way. One or all of these will be available in December and that is a minimum of 13 days away.
The sp will start to rise before then in anticipation but that is just my own view
Did anyone buy into 88e or RMS based on yesterdays "tips". Both are heavily down today. One had a director off loading a million quids worth of stock and the other announced a massive placing at a 25% discount.
Sometimes I wonder if there are people that are paid to pump these stocks on other boards. Sounds a bit far fetched but does seem strange.