Atlantic Lithium Share Discussion Threads

[daicaprice] 28/5/2024 06:54

Another week like last week please.

DC

[plasybryn] 24/5/2024 12:28

Interesting post on LSEGhana exchange will start buying Atlantic shares on Monday when we're closed, they have probably asked for a few days to get their shares sorted before the Miif deposit the other 28m and the offtake agreement is announced, full license to follow after that. Apparently the Ghana big wigs all got together for a meeting this week, what a coincidence

[plasybryn] 24/5/2024 11:59

It has. Off- take and Govt ratification very close i expect.

[albert35911] 23/5/2024 20:51

Plasbryn…̷0;……R30;…MMs will play this up and down within a couple of pence either way till that happens.They have to make the market while people are waiting.

[plasybryn] 23/5/2024 18:49

OfftakeHttps://x.com/jalv_spodumene/status/1793517729556947040?s=46&t=ZqhPmi5ZRievRUdQcC2OxQ

[plasybryn] 23/5/2024 17:29

When will we get the Govt. ratification? June?

[l0ngterm] 23/5/2024 15:41

I will be lmao tomorrow if this bounces higher. Shaping up for it!

[albert35911] 21/5/2024 16:35

They won’t let it rise,maybe Friday for a good bankholiday

[grafter] 21/5/2024 13:30

hxxps://x.com/digdeep_mining

[albert35911] 20/5/2024 15:39

It will stay around this share price for a while yet,let the churn carry on.

[albert35911] 20/5/2024 14:51

George is back doom time

[ukgeorge] 20/5/2024 12:43

Slowly but surely heading back in the right direction. Ratification next hopefully soon it was initially meant to be February. Then fingers crossed that we get a wedge of cash to build the mine. Roll on 30p.

[albert35911] 16/5/2024 15:04

Not much interest in this,though they have persuaded a few mugs to buy.

[albert35911] 15/5/2024 15:55

Lol probably not.

[albert35911] 15/5/2024 13:39

Probably finish blue,just churning shares

[n95] 15/5/2024 09:14

https://youtu.be/veLHWHHc3QM?si=vwAGWPrOxIdah0hd

[grafter] 14/5/2024 00:00

BLOOMBERG: Lithium Miner Debuts as Ghana's First Listing in Two Years -
Australian-based Atlantic Lithium Ltd which is developing Ghana's first lithium mine, has taken a step toward raising capital from equity investors in the country.
The company has listed all its shares in issue on the Australian Securities Exchange and London Stock Exchange's AIM board. on the Ghana Stock Exchange, said Abena Amoah, the Accra-based bourse's managing director.
The shares opened at 4.40 cedis ($0.31) apiece at Monday's launch in Accra.
The miner, which has yet to start production, listed the shares to meet licensing requirements in the West African nation. and isn’t raising new capital in Ghana for now. Its Ewoyaa mine is expected to become the continent’s third-largest hard-rock lithium project, according to the company.
"We look forward to working with you on a follow-on offering where the company raises capital by selling shares to Ghanaian investors as you build out your mine," Amoah said, addressing the company's representatives.
The next steps for Atlantic Lithium include the ratification of its 15-year mining lease by Ghana’s parliament and a final investment decision, with the aim of breaking ground before the end of the year, said Chief Executive Officer Keith Muller.
Read More: African Lithium Project Boosts US Drive to Close EV Gap on China
Ghana, which is already Africa’s biggest gold producer, aims to increase local ownership of its mineral wealth, Land and Natural Resources Minister Samuel Jinapor said at the event.
Last year, the country approved a green-minerals policy requiring miners of these resources, considered key to the world’s energy transition, to allow for a minimum 30% local stake in projects.
Resource nationalism is strengthening across the world as developing countries seek a greater share of the profits from their commodities, while addressing historic inequities in the wealth flows from mining. In Chile — the No. 2 lithium producer — President Gabriel Boric has been negotiating the role of the state in a sector seen as key to its economic growth.

Ghana’s sovereign minerals fund plans to pour $32.9 million into the Ewoyaa project, which could produce 65,000 metric tons lithium carbonate equivalent at its peak, enough to power about 1.4 million Tesla Model 3s.

TESLA Supplier

Atlantic is the Ghanaian bourse’s first listing since Asante Gold Corp., which also received backing from the fund, said Minerals Income Investment Fund Chief Executive Officer Edward Koranteng.

Half of Ewoyaa's output is earmarked for a refinery that Piedmont Lithium Ltd., which supplies Tesla Inc. and LG Chem Ltd plans to build in Tennessee.

Piedmont, which has agreed to provide most of the funds to build the mine, is Atlantic Lithium’s second-largest shareholder, followed by Ghana’s sovereign minerals fund MIIF.

"I’m still in dream land hearing all these proposals in mining," Alexandra Amoako-Mensah, the geologist whose 1971 thesis laid the groundwork for lithium exploration in Ghana, said. “I’m surprised that my modest development of research work has generated all this."

[fictitious1] 13/5/2024 18:03

Behind paywall, if anyone has access:

[grafter] 12/5/2024 00:30

"During what is set to be a milestone year for Atlantic Lithium, we are grateful for the considerable support we have received from the Minerals Income Investment Fund, the Minerals Commission, Ghana's Securities and Exchange Commission and the GSE to enable the company's admission.
"We look forward to commencing our journey on the GSE alongside the prospective Ghanaian investors that we hope to welcome through our admission -
This represents an important new chapter for Atlantic Lithium in Ghana as we look to achieve long-term lithium production to support the country's critical mineral objectives."
..Taken from Morningstar

[albert35911] 10/5/2024 18:43

You fear success, but you really have nothing to worry about

[l0ngterm] 10/5/2024 16:35

All When dealing with certain posters, it always good to remember the below.https://en.m.wikipedia.org/wiki/Care_in_the_Community

[inaminute] 10/5/2024 11:05

If had a brain he would not be trolling here