Hi all,
Let me start by saying I don't normally Invest In resource companies, for a number of reasons, I would also like to state my Initial holding in ITech Minerals was a Gimme from Archer , I have since added to my portfolio.
I cant help but get a little excited about this little South Australian Company (ex pat now living in SA)
www.itechminerals.com.au
I was Impressed with MD Mike Schwarz presentation to Straw People earlier this year, Mike was very bullish moving forward, Mike has also just returned from the Asia Pacific Conference were Graphite, REE, Gigafactories, Battery Tech and new renewable energy options were discussed.
Itech still appear to be some way from profitability, but the recent announcement fill me with confidence, This is an Interesting sector for me, most if not all can agree that a structural change is upon us in regards EV's Battery tech (mobile and Solar), all new South Australian Cars to be electric by the year 2035.
High-purity alumina and silicon are new additions to Australia’s critical minerals list. and Itech appear to be in a great position with this too.
I have attached way to many recent announcement links (sorry not sorry) in regards to what appears to be great drilling results.
9999-Spherical-and-Flake-Graphite-Produced-from-Campoona.PDF
Sugarloaf-Graphite-Exploration-Target,-Eyre-Peninsula.PDF
iTech-Minerals-2022-AGM.PDF
Lacroma-Graphite-Drill-Target-on-Eyre-Peninsula.PDF
Clay-Hosted-REE-Projects-Progress-to-Second-Round-of-Testing.PDF
ITech have also found a cleaner way to clean the graphine, environmentally friendly and Mike said we have enough supply to satisfy demand.meaning big companies can purchase confidently without taking on politically unstable countries.
So much knowledge here I particularly remember Canadian Aussie doing a pretension on battery tech and I want to know more.
What am I missing??
Disc Hold IRL & SM
