Atlantic Lithium Share Discussion Threads

[plasybryn] 22/1/2024 11:23

SP Angel today EV market heading for 22% growth in 2024Global passenger sales are expected to reach 16.7m in 2024 – and increase of 21% (Bloomberg NEF)Global EVs saw a growth of 33% in 2023, but due to various global factors though the rate of growth is now expected to slow.China is slowing due to market saturation in the wealthier regions and tougher economic conditions overall.European sales are expected to be relatively flat as companies hold back on high volume production before CO2 regulations tighten in 2025.In the US, it has become more difficult to qualify for IRA tax credits slowing growth further.2024 will see the emerging markets continue to grow – India, Thailand, and Indonesia all saw good growth in 2023.

[l0ngterm] 22/1/2024 10:58

So listening to MOM podcast this morning. Liontown debt facility withdrawn, wood mckenzie reporting lepidolite will be about longer and African production coming into play. Interesting times all round.

[pauliewonder] 22/1/2024 10:32

Just topped up at 20.444. Very cheap given the rejected offer at 33p in Nov and the recent news. Seems Assore are looking to take this out at similar price to the previous offer although have been hoovering up more shares at 25p. That means they can make a higher offer than 33p (say 40p) which might get accepted. If they get enough cheap shares, that would make it equivalent to around 33p old offer price

[l0ngterm] 22/1/2024 10:15

That's was the China price, I was referring to.

[l0ngterm] 22/1/2024 10:14

Spud price dropped again, so Lithium stocks will be tracking that I would guess

[gardenboy] 22/1/2024 08:53

Big drops on lithium stocks on the ASX last night ... ..Liontown, MinRes etc

[plasybryn] 22/1/2024 07:52

Down 8.86% on AX. Why. Does that make sense.

[l0ngterm] 21/1/2024 21:30

Keeping mind the reserves will double at least

[l0ngterm] 21/1/2024 21:07

Overall, the company should now be looking at creating competing bids. Assore is less than transparent, and maybe that says more about the offer?

[l0ngterm] 21/1/2024 17:07

Missed this on 18th.CO2 targets for heavy-duty vehicles that will phase out almost all sales of new diesel trucks by 2040. Manufacturers will have to cut the average emissions of new trucks by 45% in 2030, 65% in 2035 and 90% in 2040. Green group Transport & Environment (T&E) said the law provides European truck producers planning certainty to go zero emissions and compete with foreign electric truckmakers

[pauliewonder] 21/1/2024 13:38

Interesting they are at 28.4% now. If they go above 30% they will have to make another mandatory offer:"Requirement for a mandatory offer: Where a bidder is interested in shares carrying 30% or more of the target's voting share rights, the bidder must make a mandatory offer in cash at no less than the highest price paid during the preceding 12 months (often referred to as a "Rule 9 offer")."

[plasybryn] 20/1/2024 17:11

Great spot Icwanderer. Does that mean an RNS on Monday.
And one on the Assore share accumulation from Piedmont?

[l0ngterm] 20/1/2024 13:04

Nice update,I am not surprised. The cynic in me is wondering if the noise has all been created by Assore or others hoping to get this down and in cheaper.

[lcwanderer] 20/1/2024 11:55

Tribal chiefs endorse mining lease...

[l0ngterm] 19/1/2024 09:32

Further on the rns, from memory they may only have to notify of 5 percent increases for aim .Asx maybe different and if so I would assume that will come out later. They may also still be buying as they had 33p target the last time.

[l0ngterm] 19/1/2024 08:51

That is the norm on aim ?

[gardenboy] 19/1/2024 08:20

No rns !! strange

[gardenboy] 19/1/2024 05:40

So Piedmont sell half their shares to Assore at 25p. Interesting development

[l0ngterm] 18/1/2024 23:51

So Assore picking up more shares cheaper than the offer, from the other board ratification due in March. I believe and happy to be wrong ASX rules state that any further/increased offer should be 4 months after the last which was November, meaning March. So watch this space I guess! Gla

[l0ngterm] 18/1/2024 22:42

Assore offered what 33p, curious to see how this plays out.

[l0ngterm] 18/1/2024 22:38

Assore building and Piedmont reducing. Looks like Assore were serious about the offer made. All fun and games.https://www.morningstar.com/news/business-wire/20240118411897/piedmont-lithium-sells-portion-of-atlantic-shares-to-assore

[l0ngterm] 18/1/2024 08:33

Us and every other lithium play lol. Let's see where the Li price goes.

[albert35911] 17/1/2024 12:00

Very unloved at the moment