37: MUM’s Podcast: Total Graphite Interview & Small Cap Market Review #TGR #FAR #DGQ #GDP #GFIN #UPL #FORG #TTA #RCGH

First one we got is Ferro Alloy Resources.

And this is one where I can't remember where I gave this box actually, but yeah, I think must have been around sort of the lows there, probably about this 3.8p level.

But I said the initial target for me would be this red box zone here at 6.96, possibly 7.88 and possibly 9.06.

So it looks like it's on its way there.

It's shot up during the course of last week.

In fact, it's had an absolutely amazing run, hasn't it? But there is probably a little gap to fill there at 4.8.

So as I say, market stuff to fill gaps.

To me, I would rather it fill the gap now.

get it

over and done with, and then it can motor on from there.

But occasionally you do get breakaway gaps, so you might not get filled.

But if it does, I think it'd be a really good entry.

And so, as I say, red box there is my first point of call.

And then after that, I've got a bigger red box zone here at 16.3 and possibly 19.75.

But let's get to that first red box and then reassess the situation.

Well, those targets look... you know, potentially achievable if they can, you know, deliver on some of these incredible products they have.

They have, well, they announced a few weeks ago that they've got this byproduct called Yttrium, which is something that's used in, I believe, in semiconductors and many other uses, like in LED lighting and things like that.

And the price of yttrium has gone up 140-fold in the last 18 months.

I think the oxides sell for about $110,000 a ton.

And apparently, according to an R&S by Fair Alloy Resources, their byproducts, Remember, their main product is vanadium, and they've got another byproduct, which is called carbon black.

But just stripping those two to one side, just the value of the yttrium is worth about $4.5 billion.

And the market cap of this company is 39 million pounds, which is, let's call it $55 million, is a huge disparity.

And I think that...

They've got this issue that they've got a bond repayment coming up quite soon.

So will they have to do a placing or can they push that boat out and renegotiate that bond for repayment further down the line? Or can they get someone to come in and do a grant funding or some form of financing to satisfy the repayment of that bond? We'll have to wait and see.

First one we got is Ferro Alloy Resources.

And this is one where I can't remember where I gave this box actually, but yeah, I think must have been around sort of the lows there, probably about this 3.8p level.

But I said the initial target for me would be this red box zone here at 6.96, possibly 7.88 and possibly 9.06.

So it looks like it's on its way there.

It's shot up during the course of last week.

In fact, it's had an absolutely amazing run, hasn't it? But there is probably a little gap to fill there at 4.8.

So as I say, market stuff to fill gaps.

To me, I would rather it fill the gap now.

get it

over and done with, and then it can motor on from there.

But occasionally you do get breakaway gaps, so you might not get filled.

But if it does, I think it'd be a really good entry.

And so, as I say, red box there is my first point of call.

And then after that, I've got a bigger red box zone here at 16.3 and possibly 19.75.

But let's get to that first red box and then reassess the situation.

Well, those targets look... you know, potentially achievable if they can, you know, deliver on some of these incredible products they have.

They have, well, they announced a few weeks ago that they've got this byproduct called Yttrium, which is something that's used in, I believe, in semiconductors and many other uses, like in LED lighting and things like that.

And the price of yttrium has gone up 140-fold in the last 18 months.

I think the oxides sell for about $110,000 a ton.

And apparently, according to an R&S by Fair Alloy Resources, their byproducts, Remember, their main product is vanadium, and they've got another byproduct, which is called carbon black.

But just stripping those two to one side, just the value of the yttrium is worth about $4.5 billion.

And the market cap of this company is 39 million pounds, which is, let's call it $55 million, is a huge disparity.

And I think that...

They've got this issue that they've got a bond repayment coming up quite soon.

So will they have to do a placing or can they push that boat out and renegotiate that bond for repayment further down the line? Or can they get someone to come in and do a grant funding or some form of financing to satisfy the repayment of that bond? We'll have to wait and see.