Core Vct I Share Discussion Threads

[the chairman elect] 19/4/2023 07:50

About Tirupati Graphite Plc / LSE:TGR

Tirupati Graphite Plc is a specialist flake graphite company, a material vital in the energy transition economy. The Company places a special emphasis on "green" applications, including renewable energy, energy efficiency, energy storage and thermal management and is committed to ensuring its operations are sustainable as well.

The Company's operations include primary mining and processing in Madagascar, where the Company operates two key projects, Sahamamy and Vatomina; 12,000 tpa installed capacity of high-quality flake graphite concentrate with up to 96% purity is currently being produced and sold to customers globally, planned to increase to 84,000 tpa as per the Company's modular medium-term development plan.

On 1 April 2023 the Company completed the acquisition of Suni Resources SA , Mozambique , whose two main assets are (i) the Montepuez Project which holds the mining licence over an area of 3,667 hectares with JORC 2012 defined reserves & resources of almost 120 million tonnes; plus (ii) the Balama Central Project , which has a mining license over 1,543 hectares with JORC 2012 defined mineral reserves and resources of 33 million tonnes. Both projects have licenses permitting build out to an annual production of 100,000 and 58,000 tons of flake graphite respectively.

[the chairman elect] 19/4/2023 07:45

Tirupati Graphite plc / LSE:TGR

Update on the Acquisition of Suni Resources

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist graphite and graphene company developing sustainable new age materials, announced on 3 April 2023 the successful completion of the acquisition (the "Acquisition") of Suni Resources SA ("Suni"), the Mozambique incorporated subsidiary of ASX listed Battery Minerals Limited ("BAT").

The Company announced on 3 April 2023 that part of the consideration for the Acquisition is the issue of 10,046,556 TG ordinary shares of £0.025 each to BAT covering a sum of AUD$9,750,000 (c.£5,284,500) at an issue price of £0.526 per ordinary share in two equal tranches with the first tranche issued on completion and the second traches issued on the 8 month anniversary of completion of the Acquisition ("Share Consideration").

To assist the Company in meeting its regulatory requirements under the U.K. Prospectus Regulation the Company today announces that the Company and BAT have agreed to vary the allocation of the Share Consideration between tranches and the issue dates as follows:

· 3,500,000 TG ordinary shares of £0.025 each to be issued on or about the date of this announcement (the "Tranche 1 Consideration Shares"); and

· 6,546,556 TG ordinary shares of £0.025 each to be issued on 8 December 2023 (the "Tranche 2 Consideration Shares").

The parties have also agreed that the Tranche 1 Consideration Shares and the Tranche 2 Consideration Shares, when issued and admitted to trading, shall not be subject to a hard lock in but to orderly market agreements up to 18 months from the date of issue.

The terms of the Acquisition as announced on 3 April 2023 otherwise remain unchanged including the issue of 2,018,944 ordinary shares of £0.025 each to BAT at completion covering a sum of AUD$994,571.86 (£539,058) at an issue price of £0.267 per ordinary for the transfer of intellectual property (the "IP Consideration Shares").

Admission of the Tranche 1 Consideration Shares and IP Consideration Shares to the Standard Segment of the Official List of the Financial Conduct Authority ("FCA") and to trading on the Main Market of the London Stock Exchange, is now expected to become effective on or about 8.00 a.m. on 24 April 2023 ("Admission").

Following the issue of Tranche 1 Consideration Shares and IP Consideration Shares the Company's issued share capital will comprise 106,966,712 ordinary shares of £0.025 each. The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rule.

[the chairman elect] 18/4/2023 10:05

Yes indeed have recently mentioned LSE:EML as a BUY along with other commodity plays such as the likes of LSE:KOD [now up by 4X so perhaps worth taking profits] as well as LSE:KRS / LSE:TGR & LSE:ARCM

[the chairman elect] 18/4/2023 09:30

Small Cap Stock Watch over @ Keras Resources / LSE:KRS

SOS10018 Apr '23 - 05:27 - 3273 of 3276

Chris Grosso will hold the shares on behalf of Kershner Grosso which manages in excess of USD400mn on behalf of its clients, investing in businesses in the junior resource sector which tend to be long-term in nature with Kershner Grosso providing ongoing support and guidance as dictated by each management group, until the full value of each asset is realised. Most recently, Kershner Grosso was the largest shareholder in Silvercrest Metals Inc, a Canadian precious metals exploration and production company headquartered in Vancouver, BC with its flagship asset Las Chispas Mine, in Sonora, Mexico. Kershner Grosso clients remain large shareholders in Silvercrest and have seen Silvercrest's share price grow from USD0.10 at the time of its spin out and initial private placement to its current price of over USD7.00.


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Don't often see this mentioned on a holdings rns.🤞

Edgein18 Apr '23 - 08:37 - 3274 of 3276

The most important part of the RNS is this:

"The Keras Board is very pleased to have Kershner Grosso on board as a cornerstone shareholder. Kershner Grosso's investment philosophy is very much aligned with Keras's growth strategy in the US and the relationship is expected to provide access to new markets and opportunities throughout North America."

Hinting at further acquisition imo. DC might be joined by other assets that offer transformative upside (regardless of Nayega).

Regards,
Ed.

Stockriser18 Apr '23 - 08:43 - 3275 of 3276

And still only a Mcap of £4.4mm, even after the recent rise - imagine if positive news came from Nayega ;-)

GLA SR

[the chairman elect] 17/4/2023 11:45

LITHIUM play namely West African focused LSE:FRG now looking poised like a coiled spring just about to be sprung a lot higher!

[noirua] 17/4/2023 10:34

FRG continues to improve and at this rate, I might even move to profit. 10.5p needed to move into overall profit and a bit much to ask with no news.

[the chairman elect] 17/4/2023 10:00

Despite the red tick LSE:PODP are once again a star performer on the London markets so far this morning!

[the chairman elect] 14/4/2023 22:35

STOCK WATCH @ POD POINT //// LSE:PODP

Shares of U.K.-listed electric charging infrastructure firm Pod Point are expected to surge by 118% over the next 12 months, according to Bank of America. The investment bank increased its price target and predicted shares of the company would rise to £1.74 in a note on April 11. The stock is up by more than 20% this year and was trading at £0.78 on Thursday. Bank of America expects the recent rise in the number of EVs in the U.K. to bolster demand for charging infrastructure and benefit the London-listed stock's bottom line. U.K. electric vehicle sales registrations have surged by 15% year-to-date, with battery electric vehicles reaching record highs in the first quarter of 2023, according to U.K. industry lobby group Society of Motor Manufacturers and Traders. The SMMT added that the increase suggests that " supply chain challenges slowly continue to ease " and production lead times will return to normal throughout the year. PODP-GB 5Y line Bank of America has raised its expectations for EV sales in the U.K. between 2023 and 2025 by 3-4% compared to its earlier estimates in February. Pod Point, with a market cap of £120 million ($150 million), manufactures its EV chargers and provides customers in the U.K. and Norway access to its electricity network. Since 2020, France's state-owned energy company EDF has been a majority shareholder with a 54% stake, according to FactSet data. Founded in 2009, the company also maintains hundreds of charging stations at supermarkets in the U.K. Last year, it became a "preferred" home-charge point supplier for German automaker BMW . "We still see a clear need for UK charging infrastructure, benefitting Pod Point as the #1 in the market, and with >100% potential upside, we reiterate our Buy," wrote BofA analysts led by Marianne Bulot in a note to clients on Apr. 11. BofA also said the discounted valuation for Pod Point shares is "unjustified" given the company's growth. The analysts forecast a compound annual growth rate between 50% from now until the end of 2025 and around 35% over the next decade...

[the chairman elect] 14/4/2023 22:30

STOCK WATCH @ POD POINT //// LSE:PODP

[noirua] 13/4/2023 11:32

13.04.23
Is the gold rally here to stay?

“…Well chosen gold miners can offer premium returns above the gold price and a more rapid appreciation than the product they sell. Investors looking for value might look beyond the mining majors to small gold miners…”

Below we pick out a 14 small cap gold miners worth watching :
#CHF #ECR #EEE #GRL #GGP #GUN #LND #LEX #OMI #PALM #POW #SRB #SHG #THX

[noirua] 12/4/2023 07:31

Noirua - 12 Apr 2023 - 07:29:02 - 4 of 5 PANTORO LIMITED ASX:PNR - Gold Producer - PNR
Pantoro Limited (ASX:PNR) (Pantoro) is pleased to provide an update with all results received from the Phase 2 exploration drilling program targeting the high grade Mainfield reef system at the Norseman Gold Project (PNR 50%).
April 12, 2023

[noirua] 11/4/2023 15:49

Kavango podcast -
Kavango Resources Uncovers Extension to Mineralised BIF at Ditau and Update on KCB & KSZ #KAV

[noirua] 10/4/2023 09:45

Buxton Resources ASX: BUX - has gone a long way toward offsetting my paper losses on RRR. Up over 100% in Aussie dollar terms though the AUD has fallen against GBP since buying at 10c in August 22; and 8.8c in November 21 - average 9.4c.

[noirua] 10/4/2023 09:41

RRR has been a disaster so far as the closing price on Thursday last was 0.19p. My average buying price is 0.315p and only that price due to buying more between 0.188p and 0.24p. A death spiral loan through Diversified Metals caused this and cash raising at 0.18p - terrible financial management unfortunately.

Any upside here? Well recent buyers might come out of this very well indeed if Elephant Oil ever IPOs on the NASDAQ and money ever arrives from DRC refuted to be up to US$12.05 million plus costs or/and sale of an asset. Market Cap is under £3 million at 0.18p.

[the chairman elect] 07/4/2023 13:35

Deltic Energy / LSE:DELT : Pensacola will breathe new life into Southern North Sea’s ageing legs

[the chairman elect] 05/4/2023 07:45

KAVANGO RESOURCES PLC / LSE:KAV

Ditau: Additional Exploration Holes Logged

Kavango Resources (LSE:KAV), the Southern Africa focussed exploration company, is pleased to announce that it has identified further evidence of a potential wider mineralised system at the Company's Ditau Project in SW Botswana.

Having confirmed the 470m strike extent of the mineralised Banded Iron Formation ("BIF") encountered in Hole DITDD004 (announced >>> 31 March 2023), Kavango has completed logging of two historic exploration holes that were drilled in the vicinity of Target i10. Kavango drilled DITDD004 in April 2022 to test Target i10.

Drill core from the two historic exploration holes X077_H002 ("X077") & X081_H001 ("X081") both exhibit clear evidence of mineralisation.

X077 is 470m from DITDD004. It was drilled to 189m and intercepted the same mineralised BIF that Dr. Hamid Mumin recently identified as a large-scale system, primarily prospective for possible lode gold mineralisation. The mineralised BIF in X077 remained open at depth and Kavango is considering drilling a twin hole to test this target.

A close-up of some fish Description automatically generated with low confidence

FIGURE 1: End of Hole X077 at 188.93m, pyrite and carbonate both increase at end of hole, suggesting increasing mineralisation, open at depth .

X081 is 3km to the SW of DITDD004 and was drilled to a depth of 144m. The core is highly weathered and contains extensive relict textures after pyrite, and iron oxides in veins. There are clear signs of locally intense hydrothermal activity.

Kavango has sent samples from X077 and X081 for assay testing.

Ben Turney, Chief Executive Officer of Kavango, stated,

"Gaining access to exploration Holes X077 and X081 via the Botswana Geological Institute could prove to be decisive in our Ditau exploration programme.

X077 has already demonstrated the potential strike extent of the thick mineralised Banded Iron Formation we intercepted with our Hole DITDD004 last April.

However, the identification of X081 opens an even more intriguing line of investigation for us. Evidence of intense local hydrothermal activity and the clear presence of iron oxides and sulphides strengthen the possibility of a regional exploration play.

We now look forward to assay results to guide our next steps."

[the chairman elect] 04/4/2023 07:50

Tirupati Graphite plc / LSE:TGR

Delivering 97% Pure Flake Graphite at Vatomina

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist graphite and graphene company developing sustainable new age materials, provides an update on operations at its Vatomina & Sahamamy flake graphite projects in Madagascar and announces that it has successfully achieved commercial production of 97% pure flake graphite from its Vatomina project in Madagascar.

High Purity Commercial Production

· Producing high grade, jumbo flakes is technically challenging but provides new opportunities;

· Certain specialist markets require high-grade flakes which commands premium prices;

· TG's first container of 97% jumbo flakes >50 mesh size has now been produced for a German manufacturer of speciality graphite products;

· The Company is working towards increasing its high-grade output and associated sales;

· Targeting c.10% uplift in basket price realisation from Madagascan production to between US$910 - US$935 per metric tonne in the fiscal year to March 2024.

Operational Update

· Operations at both Vatomina and Sahamamy have experienced no significant impact from the recent cyclone;

· The ramp up of production at Sahamamy has continued in line with expectations since the commencement of operations in February 2023; with production in the month to 31 March 2023 remaining in the guidance range of 800 to 1000 tons;

· Total production for the quarter ending 31 March 2023 was however slightly lower than the guidance at c.2400 tons owing to precautionary shut downs due to adverse weather;

· We maintain combined production guidance for Q1-FY24: at between 6,100 - 6,500 tonnes;

· Recent extensive marketing activities have resulted in:

o Regular shipments continuing to the Company's existing buyers

o Securing new buyers in the United States, Europe and Asia

o Qualification processes underway with other potential customers in various sectors including: energy storage, electric vehicles, thermal management, fire safety and other advanced energy transition products

Shishir Poddar, Executive Chairman, said:

"Achieving commercial production at a grade of 97% is another significant milestone in Tirupati's continued progress as we establish ourselves as a leading supplier of flake graphite outside of China. Our increasing output is timely with a demand supply gap forecast over the next year and we are well positioned to play our role in the evolving flake graphite opportunities.

"We have moved on from the difficult times of building a new mine in a challenging ecosystem. Getting into 'four figures' worth of monthly production output for the first time in March 2023 depicts our progress as much as getting an 18,000 tpa plant rolling in the very first month since start off. We will continue to achieve new milestones in our efforts for building a leadership position in areas of our expertise and in the best interest of the Company and its shareholders."

[the chairman elect] 04/4/2023 07:45

United Oil & Gas PLC (AIM: "UOG"), the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets, is pleased to provide an update on operations in the Abu Sennan licence, onshore Egypt. United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt.

ASD-3 Well Spud

The ASD-3 development well has now commenced drilling. This well will be drilled approx. 1.2km to the north-west of the ASD-2 well which was drilled in March 2022, and which has recovered circa 400,000 bbls since it came on production just over a year ago. The ASD-3 well has primary targets in the Abu Roash-E ("ARE") and Abu Roash-C ("ARC") reservoirs, as well as secondary objectives in the Lower Bahariya. The well has a prognosed total depth of 3,649 metres, and is expected to take approx. 55 days to drill and complete.

Abu Sennan Production Update

United's net oil production from Abu Sennan for Q1 2023 averaged 841 bopd. The exit rate for the quarter was 1,275 bopd oil and 170 boepd gas (1,445 boepd net) which incorporates the material contribution from the ASH-8 well, which has continued to flow at a stable rate with no water-cut since it came onstream on the 16 March 2023.

United Chief Executive Officer, Brian Larkin commented:

"We are happy to report that the next well in our 2023 drilling campaign has spud at ASD-3, in an area of the field we believe contains extensive unrecovered resources. We are excited by the potential that this well is planned to test and the follow-on development drilling targets it could unlock in a success case. It is also really pleasing to see the continued strong production performance from the ASH-8 well, which supports our view that there is significant long term value remaining in the Abu Sennan licence".

[the chairman elect] 03/4/2023 07:40

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist graphite and graphene company developing sustainable new age materials, is pleased to announce that on 1 April 2023 ("Completion"), it successfully completed the acquisition (the "Acquisition") of Suni Resources SA ("Suni"), the Mozambique incorporated subsidiary of ASX listed Battery Minerals Limited ("BAT"). The Acquisition includes all assets, infrastructure, permits, licenses, and intellectual property associated with the construction initiated Montepuez Project and the fully permitted Definitive Feasibility Study ready, Balama Central Project (the "Projects") in Mozambique held by Suni.

Shishir Poddar, Executive Chairman of Tirupati Graphite, commented:

"We are delighted to announce the completion of the acquisition of Suni Resources. This strategic acquisition will see us materially strengthen our existing portfolio through the addition of two world-class graphite assets located within one of the largest commercially operating global flake graphite projects.

"As the global need for critical minerals increases, the flake graphite market is forecast to reach 5 million tonnes per annum of new demand by 2030. This acquisition positions Tirupati at the forefront of the market and enables us to accelerate the production of these materials essential to the energy transition.

"Importantly, through acquiring the Balama Central and Montepuez projects in Mozambique, we are diversifying our locations, providing access to a new region as well as providing buyers with an additional source of graphite outside of China, where global supply is currently heavily concentrated.

"Moving forward, our focus will be on optimising processing technology, flow sheet and the investment required for the projects, continuing the construction of the first module at Montepuez, and drawing on our decades of expertise and history of building flake graphite projects. As a reminder, TG's capital intensity and operating costs are within the bottom quartile of the industry and the completion of this acquisition further allows TG to robustly engage with the global energy storage markets."

[the chairman elect] 31/3/2023 08:10

31 March 2023

KAVANGO RESOURCES PLC / LSE:KAV

Ditau: 470m Strike Extension to Mineralised BIF

Kavango Resources (LSE:KAV) ("Kavango"), the Southern Africa focussed metals exploration company, is pleased to announce that it has confirmed an extension of at least 470m to the Mineralised Banded Iron Formation (the "Mineralised BIF") intercepted at Target i10 with Hole DITDD004 in the Ditau Project, Botswana.

Kavango has now completed an initial review of drill core and logs from an exploration hole, drilled in 2021, 470m to the NW of DITDD004. This hole (Hole X077-H002, "X077") was drilled by a company that held an overlapping diamond prospecting licence to Kavango's Ditau metal prospecting licences.

X077 appears to have intercepted the same Mineralised BIF as DITDD004.

Having already confirmed the Mineralised BIF is >100m thick in Hole DITDD004 ( announced >>> 06 March 2023 ), Kavango is increasingly encouraged that Target i10 could represent a large-scale, continuous system that is prospective for lode gold mineralisation.

Ben Turney, Chief Executive Officer of Kavango Resources, commented:

"The initial results of our review of neighbouring exploration holes to DITDD004 are highly encouraging. We have been able to establish at least a 470m strike extent of the Banded Iron Formation directly from DITDD004 to Hole X077, bounded by the i10 magnetic anomaly. Both holes show evidence of the same mineralisation style. We've achieved this without any further drilling.

Given that both DITDD004 and X077 remain open at depth in the Mineralised BIF, the large-scale promise of this system is strongly underlined. In the context of Dr. Mumin's view of the lode gold potential here, this is very positive.

We are now in the process of cutting core to send for assay testing and look forward to receiving the results."

[the chairman elect] 31/3/2023 08:07

Arc Minerals / LSE:ARCM - is pleased to announce an update on the proposed Joint Venture with a subsidiary of Anglo American plc ("Anglo American") in respect of its copper interests in North Western Zambia (the "Joint Venture").

To accommodate the completion of certain outstanding steps, a 13 business day extension to 21 April to the exclusivity under the letter of intent with Anglo American has been agreed.

All substantive commercial terms of the proposed Joint Venture remain unchanged from those previously announced on 12 May 2022.

Nick von Schirnding, Executive Chairman of Arc Minerals, commented:

"I am very pleased with progress made to date and look forward to updating shareholders in more depth soon."

[the chairman elect] 29/3/2023 17:10

Talking of BITCOIN mining bombed out TSXv:BITK could be worth a look see?

[noirua] 29/3/2023 08:48

Univision Engineering Limited UVEL
COUNTDOWN - 29 March 2023 - Annual Report to 31 March 2022 due by April 1, 2023.

Days remaining before removal from AIM.

Full Trading Days to go - 2.