Archer Exploration AXE

[soulman]

Currently trading at below cash backing of $13 mil, this graphite coy is out of favour ATM. I will be accumulating at these levels.

[stevo1]

Currently trading at below cash backing of $13 mil, this graphite coy is out of favour ATM. I will be accumulating at these levels.
Souly came across this company in my research on graphene which is shaping up to be the new wonder material (google graphene) 82,362,763 shares on issue cash on hand was $10,417 million on the last quarter but probably somewhat less now as they have bought the land that contains the graphite deposits(price as yet undisclosed).ATM pretty much unnoticed by the market chat rooms but extremely high content graphite deposit http://www.asx.com.au/asxpdf/20130524/pdf/42g2jtgzylvbb2.pdf http://www.asx.com.au/asxpdf/20130626/pdf/42gpbktnn03wd0.pdf
This seems to have very high upside possablities .
Market cap currently $10,707,159 (@13 cps).
The biggest hurdle I can see is finding an off take partner .
DYOR

[stevo1]

Outstanding bulk flotation results for graphite.
Graphene looks to be a material of the future these guys are well placed for an early entry producer (2014-15?)of high quality graphite.
Still not being widely discussed on chat sites.
Only 82.4 mill shares on issue but will probably need a capitol raising to produce.
http://www.asx.com.au/asxpdf/20130809/pdf/42hky1jl08596l.pdf

[stevo1]

Axe seems to be attracting some buying attention this presentation may have something to do with it http://www.asx.com.au/asxpdf/20130815/pdf/42hp7y6jxsdvxc.pdf
Still is flying under the radar of chat sites

[Minerbarejet]

cant get that to work- hard to hear anyway. could you give me the guts of it or is it pretty much what is available on the other announcements. Considering taking an AXE to my portfolio.
Cheers,
:)

[stevo1]

cant get that to work- hard to hear anyway. could you give me the guts of it or is it pretty much what is available on the other announcements. Considering taking an AXE to my portfolio.
Cheers,
:)
Just clicked on the link seems to work ok.Pretty much what is available on the other ANNS.

[Minerbarejet]

Just clicked on the link seems to work ok.Pretty much what is available on the other ANNS.thanks stevo, great recovery scale, looks world class, be interesting if the product gets snapped up. Taken a punt. uptick on chart plus reading about graphene has helped.

[Dej]

Having a read of it now, know all about the material properties of graphene... has an amazing quality where ethanol can be selectively distilled as any other vapour wont pass through it. Would be revolutionary for many biofuels markets (and thats just a small quality in the broad scheme of things). So production not looking till next year, year after?

Have they secured the resource as well?

[Minerbarejet]

hi dej, it seems that sugarloaf is secured but i cant find anything on campoona in the company announcements re being secured. Could be under wild plains tenement. There are several graphite resources in the area. plus all the other elements they seem to have scattered about.

[Minerbarejet]

Some interesting opinion for graphene and its uses, read the Comments at the bottom.
Particularly intrigued with its use in fraccing fluids.
http://www.nanalyze.com/2013/08/graphene-nanochem-palm-oil-biodiesel-or-graphene/
Check out the Patented Catalyx Process link on the page while you are about it(if you want to):)
Like: Rolled sheets of graphite.
Obtainable from Archer in due course:)
Any other finds will be posted here
http://www.nanalyze.com/2013/08/investing-in-graphene/
Graphite is not that rare but purity is apparently.

[Dej]

Some interesting opinion for graphene and its uses, read the Comments at the bottom.
Particularly intrigued with its use in fraccing fluids.
http://www.nanalyze.com/2013/08/graphene-nanochem-palm-oil-biodiesel-or-graphene/
Check out the Patented Catalyx Process link on the page while you are about it(if you want to):)
Like: Rolled sheets of graphite.
Obtainable from Archer in due course:)
Any other finds will be posted here
http://www.nanalyze.com/2013/08/investing-in-graphene/
Graphite is not that rare but purity is apparently.

Do we know how pure that AXE's resource is then?? Is this the best producer you could invest in, is what I am interested in finding out.

I see major that NTL and AXE may soon be in both our portfolios :t_up:

[Minerbarejet]

Do we know how pure that AXE's resource is then?? Is this the best producer you could invest in, is what I am interested in finding out.

I see major that NTL and AXE may soon be in both our portfolios :t_up:
Here you are Dej, et al,
TESTS CONFIRM VERY RARE ULTRA-PURE GRAPHITE
FOR ARCHER’S S.A. PROJECT ON EYRE PENINSULA
New bench test work has confirmed that a mineral deposit on South Australia’s Eyre Peninsula can produce some of the world’s rarest and purest graphite concentrate.

Adelaide-based Archer Exploration Limited (ASX: “AXE”) announced today metallurgical tests had achieved natural graphitic carbon concentrates of above 99% purity on samples taken from the Company’s wholly-owned Campoona project.
The test method is recognised by the worldwide resources sector as being accurate to within plus or minus one percent.
Archer Managing Director, Mr Gerard Anderson, said today such ultra-pure natural graphite concentrates are exceptionally rare globally and their purity “rivals that of synthetic graphites required for high tech applications where purity is paramount”.
Mr Anderson said that while metallurgical test work is continuing on the Campoona samples, the results are “extraordinary – not the least reasons being that Archer to date has only drilled 20% of the prospective Campoona graphite trend and the very high grade test results announced today coming just 12 months on from the deposit’s discovery hole”.
Located 15 kilometres north of the central Eyre Peninsula township of Cleve, today’s confirmation of the metallurgical profile for Campoona caps a period of strong growth for the project.
Archer only announced in December last year a substantial high‐grade maiden Measured, Indicated and Inferred JORC resource for Campoona of 2.572 million tonnes grading 12.3% TGC (Total Graphitic Content) for a contained graphite resource of 310,800 tonnes at a cut-off grade of 5%TGC.
The Company has already completed baseline flora and fauna surveys and will soon complete a scoping study over the project with an expectation that it then evolves into a Pre‐Feasibility Study commencing mid this year and leading directly to a Definitive Feasibility Study commencing in the second half of 2013.
Processing flow sheet work has to date demonstrated excellent metal recovery rates.
“We anticipate that the results from these multiple studies, building on our infill drilling, metallurgical and processing flow sheet design work, will establish a strong foundation potential mine development process commencing in 2014,” Mr Anderson said.
Archer is currently undertaking exploration drilling north and south of the project’s Campoona Shaft and Central Campoona targets.
The metallurgical results announced today also confirmed that the Campoona graphite concentrates are the preferred finely crystalline structure.
“Campoona is unique in that the top 70 metres of the deposit starting from surface can deliver very high quality graphite from a low cost, high yielding extractive process. We will now test material below 70 metres depth and anticipate similar excellent results,” Mr Anderson said.
“We anticipate further improvements in recovered grades as various upgrading techniques remain to be tested over the coming months with further metallurgical results due next month.
“The next phase is to replicate the bench-scale results using scale-up testing as this will deliver many kilograms of final product for diagnostic testing and distribution to selected end users.
“The results from this scale-up testing should enable Archer to develop a clear plan for Campoona in terms of its size, the target product mix and capital and operating costs.
“Archer’s ultimate objective is to produce graphite grading 99.95% carbon, building on the ultra pure grades already achieved.”
Mr Anderson said the new results also firmed Campoona’s potential to deliver very high quality natural graphite powders, paving the way for Archer to enter the higher value end of the graphite market “where unit margins are likely to give the project robustness in almost any price regime”.
Mr Anderson added that an independent expert company which senior global industrial minerals experts who have worked extensively with major graphite suppliers and purchasers, had assessed the results and made comment on the likely markets and prices for such concentrates.
He said their report concluded that if Archer can replicate these results consistently, the company would have a unique product highly sought after by specialist manufacturers and end-users to include battery, polymers, ceramics, and high tech lubricants where prices for flake graphite of 99.0% and higher in particle size ranges from 5 micron to -100 Mesh command between A$2,500 to A$5,000 per metric tonne.
Grades of 99.95% carbon command much higher prices again.
I'm in.:)

[stevo1]

Very exciting material for those interested in more research info
http://www.gizmodo.com.au/2013/05/super-thin-graphene-solar-panels-could-pave-the-way-for-powered-paint/
http://zeenews.india.com/news/science/new-graphene-copper-composite-500-times-stronger-than-original-metal_872360.html
http://www.printedelectronicsworld.com/articles/graphene-live-usa-set-to-become-largest-graphene-tradeshow-00005747.asp?sessionid=1
http://www.graphenetracker.com/invest/
http://www.graphene.manchester.ac.uk/

[Dej]

Looks like we dont have confirmation of the commencement of a Definitive Feasibility Study that was meant to commence this around now. Any update on this? Or am I just missing the announcement, cant seem to find it.

[Dej]

Very exciting material for those interested in more research info
http://www.gizmodo.com.au/2013/05/super-thin-graphene-solar-panels-could-pave-the-way-for-powered-paint/
http://zeenews.india.com/news/science/new-graphene-copper-composite-500-times-stronger-than-original-metal_872360.html
http://www.printedelectronicsworld.com/articles/graphene-live-usa-set-to-become-largest-graphene-tradeshow-00005747.asp?sessionid=1
http://www.graphenetracker.com/invest/
http://www.graphene.manchester.ac.uk/

Yes the material is amazing, my profession is chemical and materials engineering, so I know all about it!!

[Dej]

http://www.sharetrader.co.nz/showthread.php?9281-ASW-angloswiss-resources-my-fav-tsxv-junior-worth-the-dd-imho

For those who dont venture out of the ASX and NZX threads...

Canadian Graphite flake producer looking to do the same thing as AXE, but close to an already producing mine.

[Minerbarejet]

if you are referring to blu starr - think there is a way to go there -wouldnt call it a producer just yet.

[Dej]

if you are referring to blu starr - think there is a way to go there -wouldnt call it a producer just yet.

Yes blu starr, I meant its LAND is close to an already producing mine, not that it is one. Sorry for the confusion!

[Minerbarejet]

Here's the bit on the definitive feasibility study - supposed to commence in the second half of 2013, so we have a few months up our sleeve. http://www.archerexploration.com.au/index.php?PID=502
The Company has already completed baseline flora and fauna surveys and will soon complete a scoping study over the project with an expectation that it then evolves into a Pre‐Feasibility Study commencing mid this year and leading directly to a Definitive Feasibility Study commencing in the second half of 2013.
That should put some lead in your pencil:)
Does this by any chance happen to sound remarkably familiar.
Hint: ntl

[Dej]

Here's the bit on the definitive feasibility study - supposed to commence in the second half of 2013, so we have a few months up our sleeve. http://www.archerexploration.com.au/index.php?PID=502
The Company has already completed baseline flora and fauna surveys and will soon complete a scoping study over the project with an expectation that it then evolves into a Pre‐Feasibility Study commencing mid this year and leading directly to a Definitive Feasibility Study commencing in the second half of 2013.
That should put some lead in your pencil:)
Does this by any chance happen to sound remarkably familiar.
Hint: ntl

Oh so familiar... hello from Jordan :t_up: huge potash and phosphate mines here! Ill find you an investment MajorMiner

[Minerbarejet]

Oh so familiar... hello from Jordan :t_up: huge potash and phosphate mines here! Ill find you an investment MajorMinerBoy, you sure get around ,dej

[Dej]

Boy, you sure get around ,dej

I just never stay still MajorMiner

[stevo1]

AXE annual report http://www.asx.com.au/asxpdf/20130910/pdf/42j8g3vfyj8t0h.pdf

[Dej]

This thread has gone quite, seems that Archer is one to put on the back burners for a bit

[Minerbarejet]

This thread has gone quite, seems that Archer is one to put on the back burners for a bit
We await news on their next stage of development. Somewhat unique apparently in having such high grades and crystallinity superior to manmade. Could be a goer with graphene.
Disc: Holding

[Dej]

We await news on their next stage of development. Somewhat unique apparently in having such high grades and crystallinity superior to manmade. Could be a goer with graphene.
Disc: Holding

Nice rise today. Good release of results from the quality of their product. Looks like almost all of the wide range of Graphene products can be made from this mine. Will be an exciting future!

[Minerbarejet]

Nice rise today. Good release of results from the quality of their product. Looks like almost all of the wide range of Graphene products can be made from this mine. Will be an exciting future!
There is one in there that jumped out at me. Sensors for diagnosing diseases. Wow, what next with this company. That would be amazing for a miner to turn into a biotech.

[Dej]

There is one in there that jumped out at me. Sensors for diagnosing diseases. Wow, what next with this company. That would be amazing for a miner to turn into a biotech.

Seems like a huge undertaking by such a small company. How are the finances look? I get the feeling we could require a capital raising (or more likely - a placement)

[stevo1]

http://www.asx.com.au/asxpdf/20131119/pdf/42kyqzn89rp3n0.pdf
There are a lot of very exciting possibilities with this material and the deposit AXE has.I also like that ATM there is 82.4 mill shares on issue.

[Dej]

...I also like that ATM there is 82.4 mill shares on issue.

This could be a newbie question, so excuse the ignorance ( :mellow: ) but why do you like that there is 82.4 mill shares on issue??

[stevo1]

This could be a newbie question, so excuse the ignorance ( :mellow: ) but why do you like that there is 82.4 mill shares on issue??
Dej if you look at most juniors or blue chips for that matter most have hundreds of millions or more of shares issued.The fact that there is only 82.4 mill issued on AXE leaves open the opportunity to capitol raise funds to develop the business with limited dilution to existing shareholders.Demand for a relatively small number or shares can increase the SP rapidly.Also at this stage cash component of the SP is ($8,555,000 cash at end of financial year) 10.4cps. AXE is still under the radar on most chat sites.Still like all these public listed companies there are any number of things that can derail the company

[Dej]

Dej if you look at most juniors or blue chips for that matter most have hundreds of millions or more of shares issued.The fact that there is only 82.4 mill issued on AXE leaves open the opportunity to capitol raise funds to develop the business with limited dilution to existing shareholders.Demand for a relatively small number or shares can increase the SP rapidly.Also at this stage cash component of the SP is ($8,555,000 cash at end of financial year) 10.4cps. AXE is still under the radar on most chat sites.Still like all these public listed companies there are any number of things that can derail the company

Thanks stevo, still a newbie at heart. :t_up:

[stoploss]

FCA warns against dubious graphene investments - RTRS
30-Dec-2013 10:45
Dec 29 (Reuters) - Britain's financial regulator is to warn consumers to be wary of dubious investments in graphene offered by unscrupulous brokers aiming to cash in on the excitement generated by the "miracle material".
Graphene, discovered in 2004 at the University of Manchester, is a flexible sheet of carbon that can conduct electricity. It is only one atom thick but 100 times stronger than steel.
Though graphene has myriad potential applications, from flexible electronic devices to the manufacture of lighter aircraft, much research has yet to be done and the Financial Conduct Authority (FCA) said it would be posting a warning on its website on Monday about graphene-related investments.
"For investors it's very difficult to recoup money if you are investing in graphene," an FCA spokesman told Reuters on Sunday.
"We came across a number of instances where boiler room scams are offering investments in graphene, so we are putting out a warning that people should be on their guard."

[stevo1]

FCA warns against dubious graphene investments - RTRS
30-Dec-2013 10:45
Dec 29 (Reuters) - Britain's financial regulator is to warn consumers to be wary of dubious investments in graphene offered by unscrupulous brokers aiming to cash in on the excitement generated by the "miracle material".
Graphene, discovered in 2004 at the University of Manchester, is a flexible sheet of carbon that can conduct electricity. It is only one atom thick but 100 times stronger than steel.
Though graphene has myriad potential applications, from flexible electronic devices to the manufacture of lighter aircraft, much research has yet to be done and the Financial Conduct Authority (FCA) said it would be posting a warning on its website on Monday about graphene-related investments.
"For investors it's very difficult to recoup money if you are investing in graphene," an FCA spokesman told Reuters on Sunday.
"We came across a number of instances where boiler room scams are offering investments in graphene, so we are putting out a warning that people should be on their guard."

Are you saying that AXE is one ?

[stoploss]

Are you saying that AXE is one ?

No not at all , but this is the only stock I remembered on here was in this space . Thought best to let everyone be aware there could be some hype in this space out there ....

[Dej]

Renewed interest in this stock after a slow decline in SP on weak volume.

As said on HC, I doubt its based on leaked information. I would hazard a guess that graphene had a renewed interest in the retail investor sector because of some of the articles written about it. Doesn't seem to be any large parcels, but nice to see a rise from 15.5c to 20c in two days!! Lucky to those who got in at 15.5-16c recently (not sure if any of them would be on here)

DISC: Still holding small parcel at 17c.

[soulman]

Renewed interest in this stock after a slow decline in SP on weak volume.

As said on HC, I doubt its based on leaked information. I would hazard a guess that graphene had a renewed interest in the retail investor sector because of some of the articles written about it. Doesn't seem to be any large parcels, but nice to see a rise from 15.5c to 20c in two days!! Lucky to those who got in at 15.5-16c recently (not sure if any of them would be on here)

DISC: Still holding small parcel at 17c.

I got 2300 AXE for 15.5 the other day. FML!!

[Dej]

I got 2300 AXE for 15.5 the other day. FML!!

FML?? Small amount ($400) but still nice timing :t_up:

[soulman]

Nah...I got filled only 2300. I was meant to buy 28,000. Hence the FML.

[Dej]

Nah...I got filled only 2300. I was meant to buy 28,000. Hence the FML.

Oh, well FYL then!! ;)

[stevo1]

Renewed interest in this stock after a slow decline in SP on weak volume.

As said on HC, I doubt its based on leaked information. I would hazard a guess that graphene had a renewed interest in the retail investor sector because of some of the articles written about it. Doesn't seem to be any large parcels, but nice to see a rise from 15.5c to 20c in two days!! Lucky to those who got in at 15.5-16c recently (not sure if any of them would be o

DISC: Still holding small parcel at 17c.


Definitely more interest being shown on rising volume and price but I have NFI why other than what has been stated here before.
Dej you may well be right that graphene media attention is responsible.
If and when they have customers/partners who use the product in end manufacture and have supply contracts the SP should really jump.
How far away that is who knows?

[soulman]

Oh, well FYL then!! ;)

HaHa......

Well, used the rest to buy some at 20.5 at closed yesterday and sold the lot for 21.5 this morning. Still a nice little earner. Not sure about this volume and price accumulation. Will watched with interest.