Atlantic Lithium Share Discussion Threads

[neo26] 19/10/2023 16:08

Theres the photo. :-)

[sipptrader88] 19/10/2023 15:56

WE have it GLA!

hxxps://ghextractives.com/atlantic-lithium-granted-lease-to-mine-in-ghana/

[lenses] 19/10/2023 15:54

Reported as signed with photo. Trade looks suspended

[neo26] 19/10/2023 15:08

ML will not just come through the post, like i said if they were getting it today or tomorrow they wouldnt have issued rns.They issued rns quick, didnt allow share price to go high.

[ukgeorge] 19/10/2023 14:50

Surely today and RNS in the morning

[neo26] 19/10/2023 13:59

Presumably when they get the ML there will be photo op.I think still some time to go it seems.

[sipptrader88] 19/10/2023 13:31

The RNS doesn't say that the media speculation is wrong.........it says we haven't got the mining lease yet........we could still be signing for it today! But we won't have it until we have it.....lol

Time yet IMO.......??

[neo26] 19/10/2023 11:44

The Company confirms that it has not yet been granted a Mining Lease in respect of the Project. There is no certainty as to when this may occur. The Company will update the market with developments as and when it is appropriate to do so.

[neo26] 19/10/2023 11:38

If it was tomorrow they wouldnt hav released rns.

[neo26] 19/10/2023 11:38

So not yet.

[sphere25] 19/10/2023 10:16

That looks interesting - might be a leak.

Market buying again on that.

"Ghextractives.com is learning Ghana’s Ministry of Lands and Natural Resources will on Thursday (19 October) sign a lease agreement with Atlantic Lithium."

Let's see if the buying balloons to break that 26p mark and a company RNS follows. It doesn't look like that news has spread out just yet. If there is a price spike, surely the company will have to comment on the move.

All imo
DYOR

11:37 Price spiked 12.5% from flat and they have had to issue an RNS to comment on the speculation but not the one we were looking for:

"Statement re Media Speculation

Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, "Atlantic Lithium" or the "Company"), the African-focused lithium exploration and development company targeting to deliver Ghana's first lithium mine, notes recent speculation in Ghanaian media in relation to the Company's Mining Lease application for the Ewoyaa Lithium Project ("Ewoyaa" or the "Project") in Ghana and issues the following statement.

The Company confirms that it has not yet been granted a Mining Lease in respect of the Project. There is no certainty as to when this may occur. The Company will update the market with developments as and when it is appropriate to do so. "

[sipptrader88] 18/10/2023 19:49

Pluses and minuses.......for sure....not least the price of Spod.....free carry.......PLL's investment for the 45%? and our market cap in comparison......

....I fell we are fairlyish priced for now.......perhaps we should be circa 35p? (VM would be saying that IMO).....

but with the other 45%? offtake and the mining lease...I would of thought 50p.....but a target of 250p to 375p....if the "green revolution" and "energy storage" becomes more of a "reality"....and Lithium becomes more "needed"

I am holding sufficient for now.....but would be tempted to increase on "positive price action" for the right reasons!

There has been a lot happening since VM's vision of "transformative news" and I feel the BOD are more than rewarded with options/ retirement privileges/ performance rights etc..........and we have lots of employees wanting paying etc.

ALL at the expense of the shareholder of course.......IMO....don't go mad topping up......until we have more clarity!

Just saying.....I wish I could be more excited.....used to be!

GLA

[padherf] 18/10/2023 19:06

Another day closer to news

[albert35911] 18/10/2023 16:24

The day is getting closer.

[n95] 17/10/2023 16:23

Bit of a rush towards the close, could tomorrow be the day!!!

[ukgeorge] 17/10/2023 05:23

Surely that long-term down trend is now broken. I hope that we get a sustained increase in the share price as the ML arrives and the project continues to move forward.

[albert35911] 16/10/2023 15:08

Or are they just messing with share price till news.

[albert35911] 16/10/2023 15:01

Just wait things are gonna change soon I think.

[plasybryn] 16/10/2023 14:36

It is amazing that the stock was priced at 59p in April 2022, 52.5p in March 2022 and even 46.35p in November 2022 if I am correct.

The story would suggest that we are massively de-risked since then, albeit still awaiting the all important Mining Licence, but how come the share price remains so much lower than a just year ago?

PFS
DFS
Team strengthened.
Strategic investment from host State and so on.


Can we blame this dramatic drop in value all on the price of Lithium, or am I missing something?

[lenses] 16/10/2023 10:49

NH flying to Ghana today. Tweet... since removed....it's elsewhere reported!

Looks like 'knowledge' buying by some rather than general speculative.

[king_roster_iii] 16/10/2023 10:04

Looks like news of something leaked ;)

[lenses] 12/10/2023 21:21

Chinese carbonate just broke trend - up 7%, daily limit.