Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
This seems like a bit of a bargain price and I'm in.
15.15 was a key low point before it previously bounced. Hopefully this will bounce for all those invested. I am not invested atm. If it fails to hold this it is not looking good. Not being a doom monster because nobody wants to lose money. Good luck all.
Graphite demand conservatively forecast to increase by 6% per annum throughout this decade. This does not take account of geopolitical tensions with China which produces 60% of world production of natural graphite. To me this is a no brainer.......
bluray- biplanes have no gliding characteristics and the CoG really difficult to get right. Great sport although damaging to your wealth! I could say something similar about AIM but with this share hopefully not!
Anyone whose hobby is radio controlled planes and heli's will tell you graphene batteries have been around for some time. Great sport by the way and this has changed radically over the past 10 years. I used to fly 20 to 50cc planes and now everything I do is electric.......
The automobile industry will soon ramp up within a year. Sales of electric already up this year. McLaran today today in the FT also said no more petrol cars after 2030 and hybrid from now on!
GRAPHENE
Graphene is strong, lightweight, flexible and more conductive than #copper
Tweet essence copied below:
It's essentially a single layer of graphite
Armadale is investigating the potential for downstream test work in #graphene from our quality #graphite concentrate
The good news is there is support around the current SP. This was an inflection point previously when I was last invested here. Could bounce in the short term from here although the outlook I am less positive about.
To answer my own question. The updated DFS confirms the following:
'Further, the average LOM product sales price of $1,112/t reflects a more conservative product pricing assumption adopted for the update'
If the quality is proven to be higher then the value proposition increases significantly. This is where CSIRO come in......Matt must be fairly confident of the quality to go ahead with this.
Add to this the quality of the product which is why ACP has teamed up with CSIRO. The current figures are based on mid range graphite quality. If higher, which is looking very likely, then the value of the project increases. Has anyone worked through the calculations on this?