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TORONTO, ONTARIO--(Marketwired - Jan. 13, 2014) - Energizer Resources Inc. (TSX:EGZ)(OTCQX:ENZR)(FRANKFURT:YE5) ("Energizer" or the "Company") is pleased to announce that it will be exhibiting at Cambridge House International Inc.'s Vancouver Resource Investment Conference, being held at the Vancouver Convention Centre West at 1055 Canada Place, Vancouver, BC.
The Company welcomes current and potential investors to come visit Energizer's Senior Vice President of Corporate Development Brent Nykoliation at Booth 1615 to discuss the current progress of Energizer's Molo Graphite Project in Madagascar and its future catalysts as it advances to mine development.
Energizer has initiated a Full Feasibility Study with completion of the Study expected by Q4 2014. The Company completed a full-scale, operational pilot plant run in Q4 2013.
The Vancouver Resource Investment Conference is the world's largest investment conference dedicated to resource exploration and will take place Sunday, January 19th and Monday, January 20th, 2014 from 10:00am to 5:00pm at the Vancouver Convention Centre.
StoogeNo4 thanks for the mathamatical breakdown. Looks like another pretender in the junior exploration graphite space.
First European flake graphite off-take agreement signed.
view the deal
Load up brother because the price is probably going to stay down for a while. The more shares you buy and hold, the better it is for the rest of us.
It doesn't matter whether you are positive or negative on this Company's management. They will do what is best for themselves first, and existing shareholders second. Look at their record!
I bought the resource potential, not management prowess. I guess we will all see how it works out in the end.
Management says:
Let them eat Graphite LOL...
You may be his Nellie.
AK,
A buyout would not be desirable for long time shareholders.
Using a NPV of approx. 500 million and outstanding share count of Approx. 400 million would fully value ENZR at $1.25 CAD a share.
A reasonable buy-out offer at this point in time would probably not exceed 250 million dollars or $0.625 CAD a share. If bought out by a major, some sort of stock swap would most likely occur.
Unfortunately the vanadium resource par value is $0.00.
We have to go the distance (to production) to have a chance to reap any substantial reward.
It's a roll of the dice with this management. Could not read them in the past, and still can't but remember that if they sell out, they may all be out of a job.
And we know that they LOVE this gravy train. Why derail it now?
GMP’s annual Mining Jamboree brings together mining companies with African asset bases and top tier global investors in a professional but relaxed environment. It allows investors the opportunity to meet companies either on a one on one basis or to attend the panel sessions which allow for discussion and debate on topics across the sector.
The Jamboree is held at the spectacular Arabella Resort & Spa resort in Hermanus, South Africa, a perfect setting to blend business with pleasure. The Arabella is home to a spa, a world class 18 hole golf course and is surrounded by over 70 Wineries giving attendees access to taste some of South Africa’s best wines.
The conference kicks-off with Golf on the afternoon of Thursday 30th January 2014, followed by conference presentations all day on Friday and Saturday. One on One meetings will run in parallel with the conference. There will be a welcome BBQ on Friday evening and a Gala dinner to end what we hope will be an eminent conference.
I believe from previous press that the BFS completion is targeted for Q3 2014.
The new president of Madagascar, Hery Rajaonarimampianina, has made it into the record books as the head of state with the longest family name.
Smoke and mirrors. Just like David Copperfield.
Focus Graphite Signs Offtake Agreement for Lac Knife's Future Graphite Production
15:51 EST Thursday, December 19, 2013
OTTAWA, ONTARIO--(Marketwired - Dec. 19, 2013) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (the "Company") announced today it has entered into an offtake agreement for the future production from Lac Knife's graphite resource located 27 km southwest of Fermont, Quebec.
The strategic agreement for up to 40,000 tonnes per year of graphite concentrate and value added products was signed on December 19, 2013 by the Company with an industrial conglomerate, comprised of heavy industry, manufacturing and technology companies located Dalian City, Liaoning Province, China.
The 10-year agreement calls for the supply of up to 40,000 tpy of large, medium and fine flake graphite concentrate and value added graphite products from Focus Graphite's proposed Lac Knife, Quebec mining and processing facility.
The specific terms of the agreement, including pricing and renewal rights, are confidential for competitive reasons.
"On behalf of Focus Graphite we are extremely pleased to have completed our first offtake agreement. This agreement holds the potential for Lac Knife's future development," said Don Baxter, Focus Graphite's President and Chief Operating Officer.
"Not only is this offtake agreement the first of its kind in the graphite industry, it is significant in the fact that it encompasses the wide spectrum of Lac Knife's offerings in pioneering the sale of small flake to extra large flake and value added technology products," Mr. Baxter said.
"This agreement underscores our long-held commercial objective of competing in the China market," he added.
This agreement was completed in the absence of a Feasibility Study (currently underway) and there is no certainty the above objectives will be met.
All I see here is ANOTHER BIG BONUS FOR THE INSIDERS.
Par for the course with this management.
Not a problem. Just checked it out for my own interest. I'm always on the hunt for any new promising play in the junior mining resource sector.
Buyer Beware
The Company has not established mineral resources and has not completed a valid mining study (as defined by NI 43-101) to support its production decision at the Nuevo San Pedro Mine. Historically, a production decision under these circumstances results in much higher economic or technical risk. Furthermore, without a pre-feasibility or feasibility study and a graphite reserve, there can be no assurance that operations at Nuevo San Pedro will be profitable.
You are correct. These are the front runners.
DEALING WITH THE ARMY
In the first round Robinson secured 21 percent of the vote, while Rajaonarimampianina won 16 percent, both far short of the 50 percent plus needed for outright victory.
“Unless Robinson makes a deal with the army to guarantee that their concerns are addressed, I do not see massive support from the army for him,” said Lydie Boka, manager of consultancy Strategico. “There is no way it can and will remain neutral.”
The economy of the world's fourth largest island, which boasts unique flora and fauna as well as rich mineral deposits, had grown strongly at around 7 percent a year before the coup.
Multinationals had then scrambled to develop or explore nickel, titanium, cobalt, iron, coal and uranium deposits, as well to hunt for hydrocarbons - the island's maritime boundaries border Mozambique where plentiful gas has been found.
Interest slowed sharply after 2009. Issuing new mining licences stopped. Now, low metals prices mean Madagascar will have to work harder to draw investors even if order returns.
“The free, transparent and credible election of a government in Madagascar, and the resumption of international aid following the recognition of that elected government, would be positive for investment in the country,” mining investor Sherritt International said in a statement to Reuters.
The Toronto-listed firm owns 40 percent of the $5.3 billion Ambatovy nickel mine, which started production last year.
The other major mining operator is London-listed Rio Tinto, holding 80 percent of a mine producing ilmenite, an ingredient used in paints, paper and plastics.
Other mining investors have scaled back plans or left.
“I hope this election puts an end to several years of crisis,” said Jeannette Ravonisoa, a 40-year-old vegetable seller. “We suffer too much from the current situation.”
Below are snapshots of the two candidates:
JEAN LOUIS ROBINSON
The former health minister is backed by Ravalomanana, who has been exiled in South Africa since dissident troops swung behind anti-government protests that led to his 2009 overthrow.
The former leader turned to Robinson only after his wife Lalao was barred from running for president.
Robinson, 61, emerged the frontrunner in October's first round with 21 percent of the vote and the clear winner in the capital, Antananarivo, where there is widespread frustration at the economic malaise gripping the nickel-producing island.
Robinson, a physician with a black belt in judo, says the political fight won't be over until Ravalomanana returns to the island that lies off southern Africa. He has declared Lalao Ravalomanana will be his prime minister if he wins the vote.
She has been glued to his side during campaigning.
An adviser to Ravalomanana's first prime minister in 2002, Robinson was health minister in 2004-08 and minister of sports and culture in 2008-09.
He promises an improved version of Ravalomanana's Madagascar Action Plan to promote development in one of Africa's poorest countries by increasing investment, collecting more taxes and launching an agricultural revolution. That plan briefly boosted economic growth to about 7 percent a year before the coup.
HERY RAJAONARIMAMPIANINA
A finance minister under Rajoelina, 55-year-old Rajaonarimampianina has pitched himself as the best-placed person to marshal a recovery of Madagascar's crippled economy.
Donors turned off budgetary aid taps and foreign investors fled after Rajoelina's coup, depriving the government of cash and stunting growth. Even so, policymakers have been praised for keeping spending in check, prices stable and inflation at bay.
Educated in Canada, Rajaonarimampianina's campaign has focused on restoring security, building new roads and improving access to education.
He served as finance minister from 2009 to 2013, stepping down to run for president. He is backed by Rajoelina, so likely has the support of the military commanders who backed the former disc jockey's power grab five years ago.
He won 16 percent of the vote in the first round and will need to win some of the major coastal cities to offset Robinson's advantage in the capital, analysts say.
Nick Hodge Graphene/ Graphite Stock Pump
read more here
Hang in there. This stock is a long term play. Production targeted for Q2 2016. We have a way to go but everything is moving forward.
Brent is coming out of the closet?
He said:
Now we are ready to come out and start promoting the Molo for what all the testing results have clearly validated — that we have a world-class graphite project.
Woah Nelly!
Nelly
They better elect the former Health Minister Dr. Jean-Louis.
insert-text-here
Tax loss and odd lot selling.
They don't care. They make their money as market makers.
Hallelujah to that Brother.
I abstained, but I am only a small fish in a big pond.
Depends on what your average per share cost is.
There we go. Done deal and time to move forward. Gotta love the "non-binding" executive compensation resolutions. These guys are SLICK (and self-serving).
MADAGASCAR
Mamy Ratovomalala
Madagascar’s former mines minister, Mamy Ratovomalala, has thrown his support behind Robinson Jean-Louis in the run-off in the country’s presidential election on Dec. 20, 2013.
I agree. All we can do now is hang on. The Company has chosen the path forward for us.
Can it get any worse for the current shareholders? I hope not for all our sakes.
StoogeNo4 I also believe that Mr. McKinnon is the largest shareholder of the Company (correct me if I'm wrong).
I want to wait and see what price the next fund to buy ENZR shares pays under the brokered placement. GMP looks to be the Company's new "marketing team". They should be considering the amount of commission they stand to make on the current financing.
I thought I was the only one not receiving the "Energizer Enthusiast" newsletter. Hmmmm...
Email excerpt from a fellow investor:
1. I can’t begin to explain the markets. What is evident is that retail is driving all the stock evaluations in the junior exploration space, not institutions. Energizer has done very little in retail promotion but will be making it a major focus in the new year.
2. We will be getting dedicated research from GMP in the new year - this will be key for exposure to both the retail and institutional audience.
3. We are raising money for the simple and important reason that we are moving the project forward - like we have done so well to date. It is a race and first mover advantage is very important. These funds are to finance our BFS and get us closer to financing the mine and finalize off take agreements - the BFS is crucial for this. You suggest the alternative, which is to a) sit and wait and do nothing until the market turns around (which has been brutal for almost 24 months now) which would stall our project for 6-12 months or longer while we wait for an indefinite period of time for market to improve. There would be no news and the stock would likely drift down further in the meantime. Not advisable. Or, we take 6 months and spend significant money reserved currently for the initiation of the BFS and promote the project to the retail space. This would cost $50,000-$100,000 per month and guarantees no increase in our stock price and would again, put us behind where others would catch up.
We choose to spend precious investor funds and move the project forward to a mine. We certainly care about dilution…Mgmt are SIGNIFICANT shareholders, but our stock will appreciate when the mine is up and making cash. Off takes will come when we advance the project as this is what strategic partners want to see. None of them care what our stock price is, they just want to see us move throughout the milestones and de-risk the project. I would love to raise money at higher prices but that is not reality and we could very easily burn significant funds attempting this with little effect given the markets.
Our focus is project advancement and be first to the finish line and we will continue to put out good, great and stellar news along the way.
Regards,
Brent Nykoliation
When did they go?
I believe they applied to the TMX to use the market price as of October 7, 2013. Maximum discount to market under the TMX policies is 25%.
10 to 13 cents CAD
You are kidding right? Who would pay more than market price in this environment. I know I wouldn't. Don't care how many warrants they throw in. It's all dilution at the end of the day.