A4N - Alpha HPA

[Speculator]

Augur Resources Limited (AUK) is a NSW-based resource development company, with a focus on copper, gold and nickel projects within the Lachlan Fold Belt in central NSW.

Figured it's about time someone started an AUK thread so holders can discuss.

Been holding small parcel, up 60% to date.

Prospects are encouraging and I will definatley be a long term holder.

http://www.augur.com.au/

Latest ann:

http://www.asx.com.au/asxpdf/20091218/pdf/31mtnfd9zvnq5v.pdf

Any other excited holders?

GL + HP, DYOR

 

[Idiode]

Hi Speculator,

I just picked up this thread after seeing the stock price climb from 0.04 cents to 0.14 cents today on TheBull.com.au.

After researching the various reports from the company it sure looks like it will be another speckie gobbling up capital until it becomes attractive enough for one of the big players to move in on it.

Failing that, they will be forced to raise more capital via options, issues ect., to continue their JORC's.

There is a huge gap between finding the stuff (Nickel, Gold & Copper) and getting it out of the ground. There are plenty of established miners doing this right now and their share prices are not delivering high yeilds.

Incidentally, do you have any idea what caused the AUK share price to spike today, or it just a misprint?

 

[springhill]

MC - $7m
SP - 4c
Shares - 177m
Options - Nil quoted
Cash - $157k

Management hold 39% of shares

Share Purchase Plan
The Directors of Augur Resources Ltd (‘Augur’ or ‘the Company') advise that the Company offers Eligible Shareholders the opportunity to subscribe for up to $15,000 worth of new shares in the Company without brokerage or other transaction costs and at a discount to the prevailing market share price under a Share Purchase Plan ('SPP').
The Company’s shares are being offered under the SPP at $0.04 per share, a discount of approximately 17% to the volume weighted average share price in the five trading days immediately prior to the date of this announcement.
The maximum number of shares that can be issue under the SPP is 53,156,414.

WONOGIRI JV - 1.54Mt Gold Eq resource• 1.01 Moz gold
• 200 million pounds of copper
• Discovery cost: $3.05/Oz
• Discovery time: 15 months
• Resource from surface

Randu Kuning Deposit
• 90.9 Mt @ 0.53 g/t AuEq
• Measured and Indicated 33.7 Mt @ 0.81 g/t AuEq
• Mineralisation to surface
• Potential open pit extraction
• Open at depth
• Open to the south and west

• 51% ownership of Wonogiri ‐ earning to 80% (<US$225,000 to reach 80%)
• >50 % of gold resource in JORC Measured category
• Plenty of upside potential in resource with 5 significant near surface targets
• Excellent metallurgical results: 82.7% recovery of gold and 94.1% of copper

Development Schedule
March ‐ June 2012: Maiden resource definition
2012 to 2013: Pre‐feasibility study: Underway
July ‐ September 2012: Preliminary mine design
2012: Continuation of environmental baseline studies
2012: Continuation of metallurgical studies

Metallurgical
• Initial concentrate results returned >19% copper and 2 oz/t gold with silver credit (2.5 oz/t)
• Optimising work commenced to increase concentrate to >20% copper with early optimisation results returning 21.2% copper and 2.9 gold oz/t concentrate
• Majority of mineralisation floating off within 5 minutes (very quick)

Infrastructure
• Excellent infrastructure at site
• Sealed road to edge of deposit
• Man made water source directly east of the licence area and other water sources within licence area
• Grid power in local area, but capacity yet to be determined

 

[System]

On May 4th, 2017, Augur Resources Limited (AUK) changed its name and ASX code to Collerina Cobalt Limited (CLL).

 

[System]

On December 4th, 2018, Collerina Cobalt Limited (CLL) changed its name and ASX code to Alpha HPA Limited (A4N).

 

[Faramir]

I am going to pick Alpha HPA for Oct 2019 tipping competition even though I really don't understand what A4N do or how it makes its money.

High Purity Alumina (HPA). Used in lithium ion batteries and LED lightning technologies

Here is a positive announcement.
https://www.asx.com.au/asxpdf/20190923/pdf/448rj46w85z995.pdf
Pilot plant going well. High end purity processing.

Despite of the hype, I would wait until DFS (Definitive Feasibility Study) is completed (they say CY2019, up to 3 month wait). My investment got whacked with another company because I didn't understand what DFS stood for. Once DFS is completed, you will either miss the boat OR get strung badly like I did. At least I know I should wait until DFS is completed. I learnt the hard way.

5 Sept, they won a $400K Grant
https://www.asx.com.au/asxpdf/20190905/pdf/448843b5r62926.pdf

28 August, a positive Pilot plant update
https://www.asx.com.au/asxpdf/20190828/pdf/447ydj0tw19482.pdf

Market Cap of $105.37m. 602.1 million shares. Today closed at $0.17. High of $0.195 and low of $0.082. Most of the rapid price rise happened in the last 6 weeks. I am on my iPhone, so I can't post a chart. Maybe tomorrow if I have time when I working on my computer.

Good enough to tip for fun but this is way beyond speccy for me and my limited funds. Hopefully someone is wiser than me. You can tell where I am wrong. You may understand its market, who the clients are: something I need to do research on (only if I decide to become serious with A4N). As for today, I have too many other everyday issues to look at.

 

[Faramir]

June 2019 cash flow statement
https://www.asx.com.au/asxpdf/20190731/pdf/4471sw8d2dtz53.pdf

They must have a good story if they can raise money from shares (Capital Raising). They probably need a better story if they want to borrow money. I need someone to change my attitude towards A4N. There must be something really attractive that I cannot see. At least, try and help me do well in the Tipping Comp.

 

[Faramir]

For Nov '19 Tipping Comp, I am going to choose A4N again. You let me down during Oct '19. Maybe something wonderful will happen during Nov '19. Thankfully I didn't have any real money in A4N. Actually I put no effort into this stock.

Yesterday's Quarterly Cash Flow Statement: doesn't look great.
449y790xd7x94q.pdf

Yesterday's Quarterly Activity Report: they sound active. Maybe things will improve during November 2019??
449y5jn4nl6mv9.pdf

 

[Faramir]

A4N got me 3rd place in Nov 19 tipping comp. Thank you. Re-reading my posts, I didn’t realise I picked this stock at ‘random’. This stock is for the true believers and not those with limited funds nor understanding like me. First time I have been in the top 3.

 

[Knobby22]

This is a very interesting high tech company, Farimer. The high purity aluminum main use I suspect will be for LED substrates. With LED the better you make it the less your losses on testing.

I suppose with the Lithium Ion batteries high purity aluminum increases the quality and life.

It appears exceptionally good that buyers are lining up to get the output.

The question is how much more expensive is it to produce compared to how much more will the buyers pay?

I am going to follow this company now.

 

[Faramir]

I couldn't pick A4N for 2020 Tipping Comp because its volume is too low. So I am picking it again for Jan 2020. The only reason why I haven't committed real funds is because I don't have any and I need some time to some how "value" this company. Why do I always miss the boat?

Here is a good announcement. Another positive Company update.
44cttgy00q1w4j.pdf

EDIT: Oops, I missed out. I didn't think I was too late. Can I save this post for Feb? @Joe Blow

 

[Dona Ferentes]

and then, another wanna-be PUA has pulled the pin
While Pure Alumina remains convinced of the strong forecast demand for high purity alumina from the adoption of LED lighting globally and coating on lithium batteries separators for vehicles and energy storage, the challenge of raising the significant capital required to finance a commercial high purity alumina operation has proved difficult in the current environment. For this reason, the Company has elected to place the development of the Yendon high purity alumina project on hold until market conditions improve or would consider alternative options for the future of the Yendon assets.
... Despite a "prefeasibility study that delivered robust technical and financial outcomes which
indicated a .... forecast internal rate of return of 34%".

 

[barney]

I couldn't pick A4N for 2020 Tipping Comp because its volume is too low. So I am picking it again for Jan 2020.
EDIT: Oops, I missed out. I didn't think I was too late. Can I save this post for Feb? @Joe Blow

I don't think you were too late at 8pm yesterday with the no-trading day Faramir?? Might be worth checking with Joe.

 

[Faramir]

I am picking A4N for Feb tipping comp. Down to 20 cents. I think there will be positive news this month. DFS is due soon but it might be March?

 

[Faramir]

Shocking month for A4N. I might as well pick it again for March Tipping Competition. A4N closed at $0.175.

 

[Faramir]

Today, A4N closed at $0.125. Smashed by you know what.

This is the long awaited DFS - Definitive Feasibility Study was released last Tuesday. Great timing - not!
44g3zhmw16vqwn.pdf

It doesn't matter how good the numbers look, something at the speccy level will not attract anything now. Pity that this report wasn't released 6 - 12 months ago.
Estimating Cash Flow A$200M PA at 10,000tpa of High Purity Alumina

Anyway, I haven't been paying much attention. I only follow A4N for this monthly competition. My real portfolio has been smashed. Now I really have no funds for a speccy.

If I had some punting funds, maybe A4N could have a very small allocation. Maybe I will keep choosing A4N for monthly comps but it won't get real funds from me for a long time.

 

[barney]

Maybe I will keep choosing A4N for monthly comps but it won't get real funds from me for a long time.

Yeah, tough times for many"F"

 

[Faramir]

Gone up to $0.099 close today. Maybe I should have stuck with A4N for April tipping comp??? Will I regret jumping ship to PNC? Today's announcement talked about High Purity boehmite - 99.997% purity. Sounds like expensive stuff. Think of the processing involved.

They sent samples to South Korea and Japan. Let's hope they get a big order now that their DFS has been released. Interesting to follow these companies. Pity my business is in shut down mode. No funds to gamble.

Here is the announcement below. I wonder how long you have to wait before we see some positives vibes. Decision making with these cutting edge technologies is risky and time consuming.

https://www.asx.com.au/asxpdf/20200325/pdf/44gcjcgtgpnrc6.pdf

 

[barney]

I wonder how long you have to wait before we see some positives vibes. Decision making with these cutting edge technologies is risky and time consuming.

You've got me a bit interested in this one Faramir …. My take for what its worth:- It's one of those Spec stocks that could make you a lot of money … 'in the long run'

The DFS throws up some very juicy numbers …. If they get this off the ground it should generate some serious cash after the initial payback period (2-4 years)

Fair bit of rubble to get through before all this can eventuate however. They will need to raise $300+ million plus the current world situation will put most new projects on hold for a fair while. Assuming the markets get back to some normality, I think they have the project which will attract larger Investors down the track.

In the short term they will likely source some offtake agreements etc and preserve cash in preparation for the eventual big cap raise.

I won't be surprised to see it drift a fair bit lower over the next few months or so, but if it meanders lower and forms a bottom, it will look very low risk in Spec terms and could turn out to be a very high return accumulation trade over the next few years (my favorite trade)

Watching a bit closer over the next few months

 

[Faramir]

Wow. Now $0.22 today. Last time I looked at this was right in the midst of that massive drop during March.

As of a few a days ago:
https://www.asx.com.au/asxpdf/20200728/pdf/44kws9ftr46j2j.pdf
HPA First Project must be taking strides.

Quarterly Activity Update over a week ago:
https://www.asx.com.au/asxpdf/20200723/pdf/44krzy4mwj099h.pdf

Most Recent Quarterly Cash Flow:
https://www.asx.com.au/asxpdf/20200723/pdf/44ks03w5svc66m.pdf

Cash flow? Ahh? Who cares! Shoot for the stars, A4N is a speccy, good enough to tip for August Tipping competition. One day, someone will pay a good price for their high purity white powder.