Atlantic Lithium Share Discussion Threads

[bigglesbingham] 10/12/2024 12:03

It shows that their intention to make and offer again is in tact and I think this is a stick on for 30p plus offer.

[plasybryn] 10/12/2024 08:44

Assore own 30.56%. Is this significant in terms of control?

[altom] 09/12/2024 09:08

Nice price jump this morning. Election results I presume. Can some well informed shareholder tell me any more please .

[grafter] 06/12/2024 15:21

"Despite lower current prices, we refuse to settle on terms that compromise the best interests of the company's shareholders -

"We continue to receive considerable demand for product from Ewoyaa from potential offtakers, and remain confident in securing the funding that Atlantic Lithium requires to sufficiently cover its allocation of development expenditure for the project," Muller said.

[jasonsd1970] 26/11/2024 16:12

And why are you on this page ?

[mikethebike4] 26/11/2024 15:17

Batteries thrown in household rubbish bins cause about 700 fires every year in dustcarts and waste-processing centres, local authorities say.
Lithium-ion batteries can explode if damaged or crushed.
The Environmental Services Association says resulting fires cost fire services and waste operators some £158m a year, external.
Non-profit organisation Material Focus, external, which surveyed local authorities, runs an online search tool, external to help people find their nearest recycling point.
Found in small, rechargeable devices such as toothbrushes, toys, phones and laptops, lithium-ion batteries have become more powerful in recent years.
Smaller, frequently used and cheaper devices - even some musical greeting cards - often have "hidden batteries".
Ben Johnson, from the Environmental Services Association (ESA), told BBC News "more and more people were putting devices containing these batteries in with household rubbish" or mixing them with other recycling.
"That causes a real problem, because they have a tendency - when damaged - to explode or ignite," he said.
"And when you put them in general rubbish or recycling, they're likely to be crushed, compacted, smashed or they might get wet.
"That can cause them to short-circuit. And of course they're then in the presence of other flammable material like plastic, paper and card and that can lead to quite big fires."


Lithium-ion batteries
The main type of rechargeable battery in portable consumer electronics, they consist of two electrodes divided by a separator that allows charged particles - lithium ions - to flow, through a solvent, from one to the other.
Recharging the battery pushes the ions back to where they started.
If the battery is intact and contained, it is generally very safe.
But if the electrodes make direct contact with each other, it can cause all the charged particles to suddenly discharge in an explosion, which, as the chemicals inside the battery are flammable, can quickly cause a fire.

Image caption,
The source of a major fire at a recycling centre in Aberdeen was not confirmed but the company says it was most likely linked to a discarded battery
National Fire Chiefs Council waste-fires lead Mark Andrews said the problem was growing as people used and disposed of more electronic devices.
"We urge people to recycle electricals and batteries and not to dispose of them with general household waste," he said.
"These fires can be challenging for fire services to deal with, have a significant impact on local communities and present a real risk to staff working on lorries and waste plants.
"Everyone can do their bit and prevent fires by ensuring they dispose of electrical items correctly."
Laura Fisher, from waste-management company FCC Environment, said: "The best thing is for people to bring any batteries to their local recycling centre or to any major supermarket - most of them tend to have a recycling bin for batteries there."
Fire safety experts and electrical-waste campaigners are also calling for clearer rules on the safe disposal of batteries - including how to recycle them. The government has now delayed a consultation on this issue until 2023.

Such a small everyday item causes so much trouble is it worth it ?

[plasybryn] 25/11/2024 07:46

No 5 on the list. Very reassuring. How long can it be now.

[plasybryn] 25/11/2024 07:44

https://x.com/BureauNpp/status/1860049959200186756/photo/1

[jasonsd1970] 23/11/2024 07:30

https://t.co/MEYEmxK7md?ssr=true

[yusuf77] 20/11/2024 17:50

off topic-znt ready to take off not many shares only 38.69m shares in issue a share to get inearly 2 director buys last week ready to blow deal done

[plasybryn] 20/11/2024 17:49

Is this great news for ALL?Australia's Sayona Mining (ASX: SYA) is buying US-based Piedmont Lithium (ASX, NASDAQ: PLL) in an all-stock deal that will consolidate their Canadian operations and boost the merged firm's exposure to the North American electric vehicle (EV) sector, the companies said.The deal would create the largest producer of hard-rock lithium in North America, the companies said. They noted the business combination would also create opportunities for further growth, helping to cut operating costs and make the sale and shipping of lithium easier.Sign Up for the Battery Metals DigestThe tie-up brings together the two owners of the North American Lithium (NAL) project in Quebec's Abitibi region. This would allow the parties set up a more streamlined and robust lithium business that is well placed to grow through cycles, they said.As part of the deal, Sayona will become the parent company of the newly formed lithium firm. The transaction, structured as an all-share deal, represents a 6% premium to Piedmont's closing share price on Monday.After raising capital separately by Piedmont and Sayona, the combined lithium miner will have an estimated pro-forma market capitalization of $623 million, with shareholders from both companies holding roughly equal stakes.The new lithium miner will be based in Australia, with a primary listing on the country's stock exchange and a secondary listing of American depositary shares on the Nasdaq.More at https://www.mining.com/sayona-piedmont-to-create-lithium-giant-in-623-million-merger/

[lenses] 13/11/2024 15:34

This going back on watch. Two triggers: Ghana election in Dec should clear the stage for licencing ratification but more significant a wait on an up lift in lithium and so spod. This may happen at any time, this q, next year or maybe not till 26. I expect sooner. ALL share price will be highly geared.

BTW TF only shows up on forums in the (pathetic?) hope of creating a buying dip.

Good luck with it M8.

[tialouise] 29/10/2024 16:23

You have a agenda, better things in life to do

[tialouise] 29/10/2024 16:22

Look up how many petrol cars catch fire for one reason or another. They still sell them

[mikethebike4] 29/10/2024 16:18

I was under the impression that it was down to faulty charge units

[disc0dave46] 29/10/2024 14:19

This is a lithium mining company, got sweet fa to do with malfunctioning cheap Chinese lithium batteries.

[mikethebike4] 29/10/2024 09:30

tia

You haven't seen anything if you haven't seen a Lithium fire - very fierce & hot - will burn/melt just about anything

[grafter] 28/10/2024 14:53

'With proceeds allocated to completing key activities to advance Ewoyaa towards project FID, and ambitions of delivering commercial production spodumeme in Ghana'

hxxps://energycapitalpower.com/atlantic-lithium-raises-6-7m-for-ghana-lithium-project/

[tialouise] 28/10/2024 14:51

Are you obsessed with fires.....

[plasybryn] 25/10/2024 10:11

SP Angel today:-Atlantic Lithium* (ALL LN) 11.97p, Mkt Cap £78m – Assore supports A$9m placing adds funds for ongoing work on Ewoyaa lithium project in Ghana(Ewoyaa Ownership: Atlantic 62.9% falling to 40.5% if Piedmont fund their share of Ewoyaa, Piedmont 18.2% rising to 40.5% on project funding, MIIF Sovereign Wealth fund 6%, Ghana 13%)(Piedmont are contracted to pay $70m + 50% of the total Capex to raise their stake to 40.5%. Total cost would be $135m to Piedmont on a $200m capex.)Atlantic Lithium report the raising of A$9m at A$0.23 (11.73p/s). The company also reserves the ability to accept oversubscriptions for another A$3.0m (£1.5m) should they be offered.Assore International, the South African based mining holding company has subscribed for up to A$7.5m (£3.9m).Assore recently acquired a further 24.3m shares in ALL from Piedmont in September and offered to acquire Atlantic Lithium for 33p in November last year.Three of the Atlantic directors have also indicated they will invest A$290,000 in the placing.Use of proceeds:DFS optimisation and technical refinement,FID related expenditure including remaining permitting activities,Site preparation, HSE reports Community Development Funding and monitoring of project impact processes.Exploration of Rubino and Agboville licences in the Ivory Coast,General working capital requirements.Conclusion: It is great to see Assore continuing to support Atlantic Lithium through further funding. We wonder if this may be a precursor to a third offer by Assore to acquire the business?*SP Angel acts as Nomad to Atlantic Lithium. Two mining analysts from share price Angel have visited the Ewoyaa mine site in Ghana. Our analysts also visited the Ministry of Minerals Commission and MIIF, the Ghana Minerals Income Investment Fund which has invested in Atlantic Lithium and the Ewoyaa project.