Member Info for tomcat-14

Already in the anchorage waiting… is there nothing in the reports to explain…

If an ipo was set at amapa’s current valuation… $110m for 100% pre-pfs… now $949m npv10 post pfs… or somewhere inbetween… 🤓

Are there any brick factories nearby… 😹

Will be interesting to see where green lithium gets their green lithium ore from… cinovec sonora or somewhere else that can be in production by the time the refinery is ready…

Did amapa ever supply iron ore to port talbot… good opportunity at this point to make amapa as green as an offtake partner/customer needs it…

Back on topic…

‘As part of the due diligence process, EBRD engaged an independent, international mining consultancy to undertake a technical review of the Cinovec Project. EBRD also performed a review of the Cinovec Project in respect to compliance with EBRD's Environmental and Social Policy’…

this strategic investment has to draw the attention of every company embarking on the construction of new battery gigafactories and ev’s in the uk/eu… maybe not for the short term… due to the disappointingly slow progress to get cinovec lithium to market… but certainly for the long term when low/zero carbon (p5c2.7) raw materials become an available alternative locally… https://www.ebrd.com/documents/comms-and-bis/environmental-and-social-policy.pdf …

Can’t see how it can’t personally…

Most likely that today’s markets… customer and debt funding… will drive amapa down the low/zero carbon route… especially if destined for the uk… is that the 67% ore option… if so i’ll take that as a given now…

What’s the current premium for 65.4%… compared with the $23.8/dmt premium used in the pfs… the majority of iron production at amapa will be 65.4%…

Annual average production after ramp-up of 5.28 million dry metric tonnes per annum ("Mtpa") of Fe concentrate, consisting of 4.36 Mtpa at 65.4% Fe and 0.92 Mtpa at 62% Fe concentrate…

Key assumptions: Long-term average price for 62% iron ore concentrate of US$95/dmt and US$23.8/dmt premium for 65.4% iron ore concentrate, both quoted on a Cost and Freight ("CFR") basis…

Two great news links there barksy… hopefully a catalyst for finalising negotiations with a suitable source for the raw materials to go with them… have to say… kdnc(uk) must be a perfect starting point for such a customer wanting raw material supplies of both lithium for the batteries and green iron ore for the low carbon steel…

Announcement on Tata Group plant… The owner of carmaker JLR is expected to announce that it will build an electric car battery gigafactory in the UK, backed with £500m in government funding… which would aim to produce 40 gigawatt hours (GWh) of batteries a year, enough to power hundreds of thousands of electric cars… An announcement on plans for a plant, which will be located in Somerset, is expected as soon as Wednesday…

Talks on a gigafactory had made progress in recent weeks, but there is still no agreement on parallel negotiations over tata’s steel plant in port talbut… The steelworks require investments worth £2bn or more to upgrade to new technology capable of producing steel without carbon emissions…

UP 28.24%…

Inverted inception…

If there are three potential partners who have stated an interest and have been invited to review the project data with a view to making a bid offer of some kind… it’s normal to have a closing date… and sealed bids… in order to make it a fair playing field for all…

Closing date?…

for the data room?…

offers tendered!!!

🔧

Am i right in thinking that in all the time ms have been acquiring their 7.76% holdings… buying and borrowing all those shares in the four months prior to becoming a substantial holder… since 23feb… has’ sp has been falling… how do they do that…

‘Nonetheless, assuming that the secured bank creditors act under an economic desire for their debt to be repaid, we expect shipping to recommence by the beginning of Q3 2023.’

When do we get our next tranche of pba shares…

Doesn’t correlate does it…

07/02/22 : 20% amapa kdnc sp 21.40p…

15/03/22 : 27% amapa kdnc sp 16.75p…

31/10/22 : 30% amapa kdnc sp 9.2p…