Kevin Bambrough Profile picture
Oct 15, 2021 7 tweets 2 min read Read on X
Capex inflation will be a killer:

Delays in underground mining as well as some deferred open-pit metal production have caused an increase in estimated incremental funding requirement to $3.6 billion from the $2.4 billion expected in July. mining.com/turquoise-hill…
“Total costs for the move underground is now approaching $8 billion, up from the Rio’s original budget of $5.3 billion set in 2016.”
I promise you many #uranium projects are gonna do this as well but be much more extreme. By the time many of our beloved little uranium companies actually update feasibility studies and update costs 2-3 more times along the road to production we will see capex 2-3x
There is simply no fucking way capex estimates developed prior to 2020 will hold up even close. I think best plan for 2x at least this cycle. Every single input is going to be up dramatically plus time delays.
That’s why I often go big into companies like $lot that have historical production and infrastructure and the ability to ramp up to 3mln lbs per year. With out a huge spend. I’m not a geologist or mining engineer but I’ve made shit loads in mining
It’s cause I was raised to be skeptical and barely believe what any promoters tell me. Or even early estimates by trusted experts. I did well by timing the cycle and often buying someone’s fuck up / blow up from the last cycle at pennies on the dollar
Projects with historical spends of $1bln+ trading at $100mm or less. Buying infrastructure at pennies on the dollar and being able to look back at the historical opex cost is something I’ve often put my faith in.

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More from @BambroughKevin

Aug 23
Here a little shot of some graphene. Note how light it is and filling and how it wiggles and giggles. Was very cool. And big pitches of it just collapse to incredible fine powder between the fingers. Washes off with soap. Easer then chimney soot or bbq greasy soot. Obvious why…It’s pure carbon whereas chimneys and bbqs have all sorts of sticky contamination and harmful chemicals etc.
We handle coal, charcoal and other carbon material. This version of carbon is pure is not a concern. Image
You should be more concerned about touching the remains of burn wood in your typical campfire. How many times have you dropped a hotdog or a burger, brushed it off a little and ate it anyhow?

Further, pure carbon actually has important medical benefits in some contexts.

Any fine particles in the lungs can be a concern. For example ‘black lung’ disease caused by miners in coal mines. For centuries people have mined coal and breathed coal dust. We know what happens… and again. Mined coal has piles of impurities and toxins.

I’m trying to not be insulting to the intelligence of people questioning the safety of graphene. But… seriously it’s hard to not just say how uninformed and ignorant they are. Either that or they are liars seeking to benefit from buying stock from others cheaply or playing short selling games.
Read 4 tweets
Aug 23
There are processes to try to make graphene.

Only one company in the world makes fractal graphene aggregates. (Not oxide graphene)

This is very special material, pure and powerful. Like nothing else.

Only one company has being experimenting with fractal graphene aggregates for years.

They’ve made reactive shell graphene and an activated graphene.

These materials perform like no others.

Along with these graphene variants, the company is working on many amazing things that will revolutionize the materials sciences.

This company is Hydrograph Clean Power Tech. $hg $hgraf

I just spent 3 days with the team doing my due diligence. Watching graphene being made, and even got to scoop some out of the original test chamber as we recreated the original discovery for a documentary film I’m financing.

The FGA-1 graphene is amazing stuff. Like nothing I’ve ever seen. When fresh it wiggles and giggles as an incredibly light gel like substance. I pinched some and it collapses into a silk smooth pure carbon black powder on my fingers which washed off with soap. Think of it like the finest purest chimney soot. But at the atomic level it’s 100% crystallized and 100% SP2 bonding. Something no one else in the world can produce due to there patents.

It’s important to understand, if you compared the safety of the graphene to the soot from a chimney or the black ash your bbq it’s not even close.

Their graphene material is 100% pure carbon. I’ll include some of the toxic elements in your chiming and bbq. Note that in your bbq this elements end up on your food and you eat them. Sometimes little black particulates drop from the lid when you shut it. Sometimes these particles are in the grill.

See below
The soot found in household chimneys and barbecues is a complex mixture of fine particles and toxic chemicals created from incomplete combustion. The exact composition varies depending on the fuel and burning conditions, but these particles are hazardous to inhale or ingest, posing significant health risks. 

Carcinogenic particles and chemicals
•Polycyclic Aromatic Hydrocarbons (PAHs): These are some of the most dangerous components in soot. PAHs are a class of chemical compounds that are known carcinogens and have been linked to an increased risk of skin, lung, and bladder cancer in humans.
•Arsenic, cadmium, and chromium: These heavy metals are known carcinogens that can be found in the fine black or brown powder of soot.
•Benzene and formaldehyde: These are cancer-causing chemicals that are formed during the incomplete burning of organic materials. They are commonly found in the smoke from barbecues and chimneys. 

Other toxic compounds
•Acids: Soot contains corrosive acidic compounds, such as sulfuric and carbolic acids, which can irritate the respiratory system and other mucous membranes.
•Volatile Organic Compounds (VOCs): In addition to benzene, other hazardous VOCs are emitted during combustion. For example, barbecue smoke contains hydrocarbons like acrolein, which can damage the lungs. 

Sources and risk factors
•Combustion source: Soot particles are generated from any incomplete burning of carbon-based material, including wood, charcoal, fuel oil, and gas
•Cooking method: The type of barbecue fuel used can affect the amount of pollutants produced. For instance, charcoal briquettes are known to release higher levels of particulate matter and PAHs compared to gas grills.
•Exposure level: People who are routinely exposed to high concentrations of soot, such as chimney sweeps, are at a higher risk of health issues, including various cancers.
I’m not gonna dwell on this in the future because actual scientists understand exactly how safe 100% pure graphene is.

We inhale bbq smoke. Me and most of my friends had spent countless hours over the years sitting around camp fired saying ‘white rabbits’ as the smoke wafts in our faces and yes we even breath it in. Then there’s smoking cigarettes and other substances. Fine particulate matter is inhaled with many toxic substances.

Further consider the crap people vape!

Final point on this. Graphene isn’t or eating, breathing, or drinking. It’s not going to be a powder sold to the public on the light fluffy form.

The latest version of the machine now makes slightly compressed pucks that reduce the volume by the right amount to preserve its use for industry but reduce shipping cost. In this form it will be sent to manufacturers and it will then be blended in recipes to make amazing things.

Once mixed to manufacture new materials to make products the 100% sp2 bonding nature of the graphene means it will no longer be graphene. It BONDS like nothing else! It combines with the other material and forms the tightest bonds imaginable.

This is a key point because it’s locked into polymers, or metals, or organic fibres. It won’t be particulate matter.

This is unique to them I should add, due to the purity and 100% SP2 bonding. No one else can do this. This is extremely special and it’s just now becoming understood and highly prized in the manufacturing world.

Remember there’s just 65-70 companies currently working with it. The word about all use cases are spreading. It won’t be long until thousands of companies are working with their graphene variants.

It also won’t be long until every military power in the world is either working with them or trying to steal there tech and reverse engineer their patented processes.

This is why the DOD must act now. Even if the USA and other nato countries try to ramp up production and development of products with their graphene it will be a real challenge to stay ahead. Top military scientists will be heavily funded abroad. Some nations have much greater abilities to ramp up new manufacturing processes.

The USA has gutted there manufacturing base. The time to act is now. It’s a matter of national security.
Read 4 tweets
Jul 18
Made this chart the other day. I expect googling “graphene” will blow out to new highs and some graphene stocks with it. Image
I bought some GRA the other day…. When I made that google graphene interest chart. Amazing how quick this space can move Image
Still a small move… Image
Read 12 tweets
Dec 14, 2024
$pdn looks good for a bounce. But, I'm sharing this long term 'price' action chart in part as a warning because these charts are so misleading. "The look how cheap junior resource companies are" is constantly being touted by bulls and demonstrated with historical share price charts. Fact is, so many companies are pure garbagio. Paladin on the other hand was an unbelievable performer last cycle. Still don't be fooled...Image
Now look at this chart... I bought the hell out of $pdn back in late spring of 2020. To get my 13+ mln shares I had to buy the majority of the daily volume for a couple weeks. At the time, I believe I was the bulk of the reason the stock broke out from decade long death spiral. I ended up taking profits around the pre split $1 or $10 level post split around November of 2021. Why? I'll explain. Note the market cap blew out over $2bln
at that timeImage
I had loaded up on it because I was bullish on Uranium post covid mine shutdowns vs nuclear plants continued operation. I saw the end of the bear market coming due to electricity demand exploding. EV's AI etc.

But the run it had...wow. Was fast and furious. But, I also invested in $pdn when at Sprott back in 2003. right as it started taking off from around the same price I bought back in 2020. 8c a share. The first go round for me, I had to buy in the market for a week and again I took the stock from 8 to I think 12-13 cents. Then was able to convince John B. to sell us 10% of the company plus a warrants so we ended up at 19.9% our fund prospectus limit. We then road Johns coat takes for a 100x+ win as the stock went bonkers along with the uranium price
Read 14 tweets
Dec 12, 2024
Inspired by @SahilBloom's excellent thread on wealth building, I wanted to share some additional perspectives from my personal experience - particularly on the role of energy management and authentic value creation. We mostly agree but I can't help bring my contrarian approach to these subjects with the hope of adding to the conversation.🧵
1/20 The uncomfortable truths about wealth building nobody talks about, and how to actually succeed in the long run. Time for some real talk.
2/20 Hard truth: Many get rich without creating value. The mining sector shows this - "professionals" who've spent careers destroying capital. Boot-licking and nepotism are real. Ignoring these realities only breeds frustration.
Read 21 tweets
Jul 28, 2024
Thread on #AI #bubble and my thoughts on how things will play out and the parallels to other bubbles like #y2k / dotcom / #internet bubble.

Back in the late 90’s I was working in tech with my main focus on upgrading firms to Microsoft desktops and servers Helping them go fully digital and for some it was the first time they got email address and websites. It was the exciting dawn of the Internet age. I learned a lot and eventually what I learned caused me to flip careers and go into investing/trading and I never looked back.
From the very early on it was crystal clear that the Internet was going to explode in popularity and everyone would be using it for business and personal needs. It was a massive wave to ride and leading up to y2k it was a crazy gravy train for anyone working in the field
All tech stocks at that time exploded higher and higher creating the historic bubble we now look back on and everyone gets what happened in hindsight but some actually saw it forming and correctly invested in it going up and shorted it going down. The question is what did those people see that others didn’t at the time ?
Read 19 tweets

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