Alabama Graphite (CSPG)

Business description

Alabama Graphite is positioning itself as a major sourced-and-made-in-US natural flake battery graphite producer for the LiB supply chain. The company will not sell any traditional graphite concentrate, which is the core business model for all other graphite development companies presently.

Stock data

Market cap.C$19.6m
Last closeC$0.13
High / Low (52 weeks)C$0.2 / C$0.1
Stock market listingCN
Forecast net cash (C$m)1.6
Forecast gearing ratio (%)N/A
TeamResources - Mining
SectorMining

Price performance

%1m3m12m
Actual3.9(3.6)(6.9)
Relative *0.7(5)(10.9)

* % Relative to local index

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Company news

Alabama Graphite Receives Unsolicited Indicative Proposal for Acquisition ...

Wed, 20 Sep 2017 12:33:45 GMT

Alabama Graphite Receives Positive Evaluation Results for ULTRA-PMG™ product ...

Thu, 21 Sep 2017 12:33:45 GMT

0.1034

Wed, 04 Jan 2017 03:47:35 GMT

Alabama Graphite Corp. Announces Analyst Coverage Initiated by Crystal Equity ...

Thu, 30 Mar 2017 14:02:33 GMT

Alabama Graphite Corp. Announces Positive Preliminary Economic Assessment for ...

Mon, 30 Nov 2015 06:56:15 GMT

Y/E Aug Revenue (C$m) EBITDA (C$m) PBT (C$m) EPS (fd) (c) P/E (x) P/CF (x)
2015A 0.0 0.0 (2.2) (1.8) N/A N/A
2016A 0.0 0.0 (1.7) (1.5) N/A N/A
2017E 0.0 0.0 (3.3) (2.2) N/A N/A
2018E 0.0 0.0 (1.8) (0.6) N/A N/A

Last updated on 31/08/2017

Latest research

Investment summary

Having awarded the responsibility to complete its feasibility study on Coosa to independent engineering firm AGP Mining Consultants (announced 12 July), Alabama has now committed US$230k to complete a 15,000ft trenching program – a recommendation of its PEA announced on 30 November 2015. It is anticipated that undertaking this permitted trenching programme will help to confirm and increase confidence over grade continuity within the defined mineral resource and also potentially define higher-grade graphite bands within the resource, as well as upgrade indicated resources to reserves.

Last updated on 06/09/2017

Industry outlook

It is worth noting that Alabama’s understanding of graphite processing, including the upgrading of graphite concentrates to battery-ready CSPG-type graphite is far beyond the vast majority of its peers. Furthermore, Coosa is the only graphite project in the contiguous US that is capable of generating this battery-applicable graphite type, which will be key to the supply chain of any electric vehicle company, especially as environmental concerns over Chinese producers is now starting to weigh in on supply.

Last updated on 06/09/2017

Key management

Donald Baxter, CEO
Douglas Bolton, CFO
Tyler (Ty) Dinwoodie, Founder

Company address

First Canadian Place
100 King Street West, Suite 5700, Toronto, Ontario
M5X 1C7
Canada
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