Atlantic Lithium Share Discussion Threads

[plasybryn] 15/11/2023 08:56

Price still only half what is was 18 months ago. Some serious upside still exists here imo.

[jasonsd1970] 15/11/2023 08:51

Short term traders are truly thick as mince. Can see it closed at 29p down under but they want to sell at 24p, truly stupid

[steeplejack] 15/11/2023 08:44

Well,it gets the price up!

[grafter] 15/11/2023 08:33

Atlantic Lithium rejects two takeover approaches from biggest shareholder -

In each instance, the IBC concluded the offer undervalued Atlantic Lithium and,"therefore, was not in the best interests of shareholders"

[l0ngterm] 15/11/2023 08:30

Too embarrassed at such a low ball offer. Lol! Although I dare say their will be some rule around offers, offer dates, considerations confirmation yada.Let's see what today brings :-)

[fictitious1] 15/11/2023 08:24

Why did they not rns the previous offer from 2nd Oct.?...

"Following careful consideration, the NBIO was rejected by the Atlantic Lithium independent board committee ("Atlantic IBC"), which was established to consider the approach from Assore. The NBIO follows an earlier approach from Assore on 2 October 2023 at an identical offer price of GBP 0.33 per share (A$0.63; "Prior NBIO"), that was similarly rejected by the Atlantic IBC."

[wapper] 15/11/2023 08:20

Ghana sovereign wealth fund invested here as recently as September.Directors invested too .

[amazoner] 15/11/2023 08:10

how likely will some new offers come?

[pauliewonder] 15/11/2023 08:07

It will be interesting to see if there is another offer comes in. Big upside from here if there is

[wapper] 15/11/2023 07:59

Up 45% in Oz overnight

[wapper] 15/11/2023 07:56

"after careful consideration " my backside. Would have taken all of 5 seconds . Not too easy to just laugh in the face of biggest shareholders though so I do get it. I am in for the real value to emerge ( let's face it the bid was a cheeky one from a shareholder who can see the real value down the road). Well handled by the Board . This stuff is just sophisticated haggling after all's said and done. Good luck to day traders anyway . We all have to earn a crust however we view this company.

[pauliewonder] 15/11/2023 07:08

Interesting. Agree that 0.33p completely undervalued the company. Should see a rise in the share price today based on that rejection. Wouldn't surprise me if we end off getting taken out at closer to 50p. More than happy for us to become a producer and wait for the large dividends to come in

[n95] 15/11/2023 07:06

Bid rejection confirmed!

[daicaprice] 15/11/2023 01:12

If that’s correct I’m a happy man, thanks wanderer.

DC

[lcwanderer] 15/11/2023 00:40

Assore bid @33p rejected by company.

[l0ngterm] 14/11/2023 20:15

That and those who know the curve are pumping the shot out of it on telegram!! Lol!

[l0ngterm] 14/11/2023 17:33

Or value curve.

[l0ngterm] 14/11/2023 17:33

At the bottom of the investment curve, are we not?

[daicaprice] 14/11/2023 17:22

Makes no sense to me.

DC

[disc0dave46] 14/11/2023 16:42

Wtf is going on with this?, positive news and all it does is tank!.PLL up 15% ALL down 3.7%

[l0ngterm] 14/11/2023 09:44

May, with the historic resource of 1.48Mt at 1.66% Li2O defined in 1962.https://www.proactiveinvestors.co.uk/companies/news/179212/ironridge-resources-identifies-significant-lithium-outcrops-at-egyasimanku-hill-in-ghana-179212.html?rel=scroll

[l0ngterm] 14/11/2023 09:42

Well as expected and as per the subtle hint from management, Egyasimanku coming into play, which hopefully should significantly increase the reserves. As per update below in 2017.Three pegmatite targets have been identified over 480m, 350m and 320m strike lengths and over 20m to 50m widths that remain open to the south-west. The Egyasimanku Hill Lithium deposit occurs within the Yenku Forest Reserve, a designated forested area set aside for the local population. Access rights for minerals prospecting and exploration has been granted by the Forestry Commission of Ghana.

[daicaprice] 14/11/2023 07:16

Surely that news is going to give it a boost.

DC