Atlantic Lithium Share Discussion Threads

[l0ngterm] 27/3/2024 18:38

Play fair, you bought higher then suck it up and wait! We have all done it. You short belt up, wrong timing or you made profit. Either way play fair!

[albert35911] 27/3/2024 14:47

You also have never filtered me,you just can’t.

[ukgeorge] 27/3/2024 14:33

Albert, I can't be bothered to converse with you. Back to being filtered.

[ukgeorge] 27/3/2024 13:49

Hope you've made some money, congratulations.

[ukgeorge] 27/3/2024 13:34

Are you shorting these?

[ukgeorge] 27/3/2024 12:58

I'd still happily sell at 33p if a bid did materialise.

Ghana has also been a hindrance over the last 18 months. They are also definitely getting their pound of flesh.

[ukgeorge] 27/3/2024 12:23

Really? When was that? They have been delayed and N&A taking big pay rises when we have no income isn't sensible.

[ukgeorge] 27/3/2024 12:08

Great sign for the Lithium market. Hopefully we get a decent bounce back when this finally breaks the longterm down trend.

[plasybryn] 27/3/2024 12:01

SP Angel today:-Lithium auctions detach from spot prices in sign market is strengtheningThe West Australian reports Albemarle has auctioned 10kt of spodumene concentrate at $1,200/t.Shanghai Metals Market's avg SC6 index currently sits at $1,092/t CIF China.Pilbara recently auctioned a cargo at $1,200/t in Australia.The WA also reports that MinRes has sold spodumene concentrate for $1,300/t for 20kt from Mt Marion.

[plasybryn] 27/3/2024 07:21

Https://gna.org.gh/2024/03/atlantic-lithium-limited-in-the-process-of-being-listed-on-the-stock-exchange-gse/

[l0ngterm] 26/3/2024 22:27

Recovery not production

[l0ngterm] 26/3/2024 19:40

300-600 million market cap.Variables price per tonproductionMultiplier for market cap.AISC.Ignoring the 50 million tons, and eggy hill etc.

[lurker5] 26/3/2024 17:41

Management are right to be excited about 'the Eowaa project' - their bonny baby. But there is deafening silence about the share of its profits that ALL shareholders will see. For one, a 15% 'free carry' is pretty onerous. It will take away more than 15% of the NPV shareholders will see. On top will be the cost of any off-take deal. So far, by shouldering 38% of the capex, shareholders can expect 38% of the net profit after the free carry. But if ALL can only meet that cost by selling an offtake in advance (a stream deal, or however - the mechanism can vary but usually consists in selling the offtake at a substantial discount) there will be another cost that shareholders will have to bear. Eg if ALL got a loan, the repayments will take away the associated repayment NPV (ie the repayments wll dent ALL's profit share). But getting a loan against what is now ALL's minority share in the project just can't be done. Hence an off-take deal, which always turns out much more expensive than any borrowing. (Depends how the offtake is structured in relation to whatever is paid to ALL up front.) No wonder Amanda and Neil aren't discussiing it, and no wonder I can't find any analysts report which calculates the shares' true value. Thats not to say it probably won't be more than current (insider Assor has obviously done the summs) But it could turn out a lot less than is being bandied around, and the funding structure together with an erratic lithium market makes for a pretty highly geared ALL share. It is probably why potential investors are still wary.

[plasybryn] 24/3/2024 14:06

I see Amanda said Partners plural re Off takers. Interesting.

The way this Co. puts itself about is most encouraging. OK not paid off yet re: the SP, but I bet a lot have it on their radar as a result, perhaps waiting for Permits or similar before jumping in. Did Neil say there were circa 100 in the Presentation at PDAC recently? I bet some of those were Institutions, if not suitors. With 6 potential Off-takers going through D.D. & Site visits etc. (Stage 2 of the process), this could turn out to be very interesting, especially if Lithium prices continue to go north in 2024.

[pauliewonder] 24/3/2024 13:34

Yes very good interview. Interesting comments re: looking to find Ewoyaa 2.

[plasybryn] 24/3/2024 09:32

More than quite good in my opinion. Excellent

[ukgeorge] 24/3/2024 08:10

https://youtu.be/eXfoWbe6ZxA?si=ACLyFwhhesQVoWzKQuite a good interview.

[l0ngterm] 22/3/2024 12:06

Was watching some of the MOM podcasts, and it seems that contracts with floors/ceilings are coming into play more and more, and whether WA like it or not Africa. A west/east cold front driving security over supply and smoothing the supply chain for pricing. Overall interesting times ahead, as for Ghana electioneering/politics it is never good for expediency, on the deal hoping that the partnerships pushes growth.

[lcwanderer] 22/3/2024 10:02

Ghana Stock Exchange listing, Parliamentary ratification of mining lease, MIIF final investment funding, Offtake agreement for part of remaining 50% and news of further resource increase.

As you say, all due in Q2 - which starts in 10 days! All very positive if you ask me.