Member Info for Wiseinvestor23

85p finished for EMH on the ASX

$644 mil funding in June/July

Annual production of battery grade lithium hydroxide monohydrate modelled to increase from 25,267 tpa to 29,386 tpa, an increase of 16%.

· NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a lithiumhydroxide price of USD17,000 per tonne which is significantly less than the current price.

29,000 x $40,000 = 1.16bn per annum for decades

The largest lithium mine in Europe, will be the first in Europe to produce and the 4th largest in the world

3-4 months away from $644 mil funding - that’s why

https://www.mining-technology.com/features/top-ten-biggest-lithium-mines/

EMH bigger than them all

NPV will be 450mil+ for 1% of the total resource

Gold miners with 450mil NPVs have 2.5-3million ounces

We’re have a significantly larger NPV than ZNWD RMM and many other lithium or copper miners - orom cross can sell as is for 10X the current mcap - we’re undervalued on the proven resource alone

We hit 5p a few times in anticipation of operations to follow but it always was going to be Q2 - last day of Q1 and we have some frustrated impatience - news isn’t far and anything below 4p is easy money

Environmental approvals continue to make progress

The Company's Environmental and Social Impact Assessment ('ESIA') is awaiting final approvals. The Company has addressed all of the ESIA issues raised by the relevant authorities. In view of the importance of the project to the country, the authorities have been careful to ensure that the needs of the widest possible stakeholder group have been fully taken into consideration. The Company continues to work proactively with all the relevant parties and remains confident that the approval will be forthcoming.



The growing importance of the UK-Morocco business relationship was illustrated by the visit to the UK in March of Morocco's recently appointed Minister for Investment, Mohcine Jazouli, and launch of the Morocco Now campaign at an event in London, attended by Emmerson CEO, Graham Clarke. Morocco Now is a new economic brand launched by the Moroccan Investment and Export Agency that aims to build the economic position of Morocco and promote the kingdom as an investment destination. The Company is engaging closely with the Moroccan authorities and other key stakeholders to ensure that the development of the Khemisset project aligns with the developing economic strategy of the country through a mutually beneficial partnership.

While we wait we’re valued less than 3% of the NPV - it will come soon - make the most of this range because when it does no one will be able to buy anywhere near the current price - the country will benefit too much for it not too

https://twitter.com/emmerson_plc/status/1505828640042459139?t=pmhpGglIn6AJZyf__tidnw&s=09

4bn valuation quoted above

https://www.proactiveinvestors.co.uk/companies/news/976375/emmerson-plc-trading-at-an-unjustifiably-cheap-price-analyst-976375.html

Unjustifiably cheap

Project Finance update

Financing discussions for the Khemisset project have progressed well in the first quarter of the year. The Company has received interest from a number of local Moroccan and international banks, as well as support from Export Credit Agencies, which have submitted formal Expressions of Interest. Good progress has also been made towards securing strategic equity partners, in addition to the existing strategic investors announced in November 2021. The board hopes to be able to provide further details once Emmerson has selected its preferred financing providers, but momentum has been building in this area and the board remains confident of securing good terms on all fronts.

Great update

East Star Resources Plc (LSE:EST), the Kazakhstan-focused gold and copper explorer, announces the first batch of assay results from reconnaissance Reverse Circulation (RC) drilling undertaken in September 2021 on the Apmintas Licence in the Chu-Ili Gold Belt in central Kazakhstan. The results include a "discovery hole" at the first drill target at "Novoe" returning 63 meters at 4.51 g/t Au from surface.

Highlights:

· AP_008 discovery hole with 63m @ 4.51 g/t Au from surface including 19m @ 14.36 g/t Au from 44m - hole ended in mineralisation, remaining open at depth

· Vein system with stockwork style mineralisation with four higher grade veins, including a bonanza grade zone of 2m @ 131.4 g/t Au

· Mineralisation starting from surface and plunging below depths previously mined by artisanals

· 12 holes drilled at "Novoe" target - one of seven targets tested in the 51-hole drilling programme in September 2021

The upcoming drilling campaign will expand on the above results - half the Mcap is cash - 20% JV with the country’s state mining company

16.3mts to 20+ will be a 25% increase
6% - 8% a 33% increase

My maths takes the NPV to 527million - based on less than 1% of the total resource

2-3billion tones across orom cross

7mil mcap? Orom cross is a proven world class graphite deposit Blencowe could sell as is for many multiples of the current valuation

https://www.proactiveinvestors.co.uk/companies/news/969345/blencowe-resources-plc-research-house-says-a-significant-re-rating-awaits-shares-969345.html

27p target before expansion in the coming days

https://twitter.com/emmerson_plc/status/1505828640042459139?t=pmhpGglIn6AJZyf__tidnw&s=09

EST - less than half of the RTO price - half the mcap in cash - 20% JV with the state mining company - already high grade gold

https://twitter.com/EastStar_PLC/status/1503295247215906816?t=dt2Y5Soyki3l9akTdZZyuw&s=19

Highlights:

· AP_008 discovery hole with 63m @ 4.51 g/t Au from surface including 19m @ 14.36 g/t Au from 44m - hole ended in mineralisation, remaining open at depth

· Vein system with stockwork style mineralisation with four higher grade veins, including a bonanza grade zone of 2m @ 131.4 g/t Au

· Mineralisation starting from surface and plunging below depths previously mined by artisanals

· 12 holes drilled at "Novoe" target - one of seven targets tested in the 51-hole drilling programme in September 2021

 

Alex Walker, East Star CEO, commented:

"We are delighted to report outstanding high-grade intersections from the first set of assay results received from our 51-hole September 2021 drilling programme. The discovery hole shows high grade gold hosted within near vertical stockwork mineralised zones close to surface. Four higher grade veins include a bonanza grade zone of 2m at 131.4 g/t.

AP_008 hole was collared close to artisanal workings where historic lump samples assayed up to 401.7 g/t. Data from an ultra-high resolution drone-based survey flown in September 2021 is currently being processed to determine strike extent and direction and will be used in planning follow-up diamond drilling exploration expected to commence in Q2 2022."

https://www.lse.co.uk/rns/EST/drone-magnetics-identifies-multiple-gold-targets-yup80oav782tcaj.html - take a look

Lots of huge targets

Key targets based on interpretation of geophysical and geological data include:

 

1. Target T1A covers an 8.2km long section of the Akkuduk Fault in the north-western part of the tenement which contains the Tarlanat West and Tarlanat South gold stockwork occurrences with polymetallic Au/Ag/Cu mineralisation. The Akkuduk Fault in this target zone forms a bend or jog towards the west and locally forms a dilational zone within a left-lateral sense of shearing along the fault. Dilational zones are particularly prospective because they are areas of enhanced fluid flow during orogenic deformation.

 

2. Target T1B covers an 11.7km long and up to 1.2km wide section of the Akkuduk Fault in the central part of the Dalny Licence which contains several gold occurrences in the west and the east. The Akkuduk Fault in this target zone locally widens to 1.2km into a number of west-vergent thrust duplexes. This local structural complexity is favourable for orogenic gold mineralisation in higher order faults or shears.

 

3. Target T2 is situated within the central western part of the Sinian Thrust Belt and covers a 9km long and up to 900m wide area of strong deformation and shortening. This structural complexity is favourable for gold mineralisation in second or third order faults. The Rodnik NW and the Zhenis gold occurrences are located within the eastern part of this target area. Zhenis has previously been identified as a priority target based on coincidental geochemical anomalies with up to 1.2 g/t Au in soils, and untested resistivity and IP anomalies. 

 

4. Target T3A covers a 2.2km x 1.1km wide section of the Sudusai Fault in the north-west of the Dalny Licence. The Sudusai Fault in this target zone forms an abrupt, structural kink to the west and steps over into sub-parallel faults. The target zone is nearly completely covered by alluvium and scree and therefore a major gold deposit may have easily been missed by historic explorers.

 

5. Target T3B covers a 1.6km x 0.8km wide section of the Sudusai Fault in the central west of the Dalny Licence. The Sudusai Fault in this target zone forms a structural kink to the west and the Target T2 branches off to the north-west. The target zone is largely covered by alluvium and scree and therefore a major gold deposit may have easily been missed by historic explorers.

 

6. Target T4 measures roughly 5km x 1.8km and covers an arcuate thrust duplex on the south-western edge of the Sinian Thrust Belt. The high degree of structural complexity, coupled with the presence of very iron-rich serpentinites and peridotites is prospective for gold mineralisation in higher order faults and stockworks. The thrust duplexes contain the Maizharylgan copper occurrence where content of copper content in trenching up to 2.6m @ 6.12% Cu.

 

7. Target T5 measures 2km x 1.2km in the far north-eastern tenement area which includes the Alatagyl North gold occurrence. Aeromagnetic data clearly shows the

Lots of operations starting in Q2

"We are grateful to all the existing and new shareholders that have supported the Fundraise. The Company is now fully funded through its next important phase of development and as we continue to develop Orom-Cross and it becomes increasingly apparent what a standout graphite project it is, I would expect to see the gap between our current market cap of circa US$9M and PEA-derived NPV of US$317M progressively converge.

Jorc expansion this week of next will take the NPV to 450million+ - based of less than 1% of the total asset

2-3billion tones

Nickle news +

JORC expansion this week

450million+ NPV for less than 1% of the total asset

A world class graphite deposit valued at sub 10 mil mcap

Re rate due - https://www.proactiveinvestors.co.uk/companies/news/969345/blencowe-resources-plc-research-house-says-a-significant-re-rating-awaits-shares-969345.html

Completely agree

Highlights

· Blencowe acquired world class Orom-Cross graphite project less than 2 years ago; has been on fast-track development towards production ever since.

· Extensive infill drilling programme was completed in 2021 to provide updated JORC Resource estimate for use within Pre-Feasibility Study ("PFS")

· Phase Three Metallurgical test work near completion to provide fact sheets to users on end products and process flows to achieve them

· Work underway in all facets to deliver high quality PFS by mid-year target date

 

Blencowe Resources ("Blencowe" or the "Company") is pleased to provide an update on its ongoing Pre-Feasibility Study at its priority Orom-Cross graphite project. Orom-Cross is a substantial graphite deposit with an estimated 2-3 billion tonnes, of which the first 20 years life of mine has already been drilled out. However the deposit is so vast that this represents less than 1% of the estimated graphite within the tenements. Furthermore, the graphite is shallow and Blencowe will be mining to just 25 meters which means low cost mining from a free dig open cut operation.

It's a world class graphite deposit - in a world that needs graphite, and is valued less than 10million?

2-3billion tones while the current 317mil NPV is based on 16.3Mt at 6% ( soon to be 450mil+ for 20mts at 7-8% )

For perspective, a 450mil+ NPV is equivalent to a 2.5 - 3 million ounce proven gold resource - and its based on less than 1% of orom cross

+ the nickle

BRES - JORC expansion due this week/next week the latest - which should increase the NPV to 450million+ minimum for less than 1% of the total asset

Blencowe Resources ("Blencowe" or the "Company") is pleased to provide an update on its ongoing Pre-Feasibility Study at its priority Orom-Cross graphite project. Orom-Cross is a substantial graphite deposit with an estimated 2-3 billion tonnes, of which the first 20 years life of mine has already been drilled out. However the deposit is so vast that this represents less than 1% of the estimated graphite within the tenements. Furthermore, the graphite is shallow and Blencowe will be mining to just 25 meters which means low cost mining from a free dig open cut operation.

The Company is now fully funded through its next important phase of development and as we continue to develop Orom-Cross and it becomes increasingly apparent what a standout graphite project it is, I would expect to see the gap between our current market cap of circa US$9M and PEA-derived NPV of US$317M progressively converge.

· Blencowe acquired world class Orom-Cross graphite project less than 2 years ago; has been on fast-track development towards production ever since.

https://twitter.com/emmerson_plc/status/1503672363174539265?t=cgqjFsKp-maD-NkijiqGxA&s=19

Green rock now valued the same as BRES

Left than half the proven resource - alba owns 54% groc 46% - no where near the size and scale of BRES who owns 100% of orom cross and much further advanced + the Nickle with 15mil already spent

In both and 2 others graphite plays - I think all will do well doing forward into the graphite squeeze, but never though green rock would be valued close to bres, both significantly undervalued

Stupidly undervalued stock - 9 hour flight away from Ukraine - JORC expansion due this week or next

The current market has created a bunch of bargains and rather than panicking, I see it as obvious opportunity. Especially when we’re investing in a world class graphite deposit in a world that needs graphite while valued less than 7mil? Graphite prices up again today

Clear multibagger while still valued less than 8million?

"We are absolutely delighted to share these exceptional metallurgical test results for Orom-Cross. They highlight the fact that we have a very high quality of end products that we will produce, which should not only be in higher demand but should also deliver higher prices. In all facets these results have exceeded our expectations and they underline the world class potential of Orom-Cross.

Our ongoing drilling programs recently delivered our first 16Mt JORC Resource which we are in the process of upgrading via 2,000m further infill drilling, and we know that we have literally billions of tonnes of graphite at Orom-Cross which we can continue to develop as and when required. Now our metallurgical test results have added considerable weight to this by showing what an impressive range of end products we can deliver. The next step is to engage in more detail with strategic groups that have been waiting for the test work result and to begin reviewing the project economics of the mine.

Orom-Cross continues to emerge as a world class graphite project in a safe location. As we begin to outline the economics of Orom-Cross the full potential of what can be achieved will become abundantly clear."

Orom-Cross is a potential world class graphite project both by size and end-product quality, with a high component of more valuable larger flakes within the deposit. A 21-year Mining Licence for the project was issued by the Ugandan Government in 2019 following extensive historical work on the deposit and Blencowe is moving into the studies phase shortly as it drives towards first production.

Orom-Cross presents as a large, shallow open pitable deposit, with an estimated overall resource between 2-3 billion tonnes of graphite. Development of the resource is expected to benefit from a low strip ratio and free dig operations thereby ensuring lower operating and capital costs.

https://www.thisismoney.co.uk/money/investing/article-10535511/SMALL-CAP-SHARE-IDEAS-Blencowe-Resources.html

A world class graphite deposit shouldn’t be valued at 7.5million - there’s so many lithium and copper miners with smaller proven resources/NPVs, many even without PEA that are further away from production that are valued multiples of BRES

After expansion next week, the NPV will be equivalent to a 2.5-3mil gold deposit - the NPV will be based on less than 1% of the total resource

JORC expansion next week followed by met work

https://www.proactiveinvestors.co.uk/companies/news/969345/blencowe-resources-plc-research-house-says-a-significant-re-rating-awaits-shares-969345.html