Atlantic Lithium Share Discussion Threads

[steeplejack] 12/9/2024 06:21

Permit finally awarded plus industry news in the last couple of days has been positive.Question is,will this provide a pivotal turning point for the stock or just a short term fillip."(Bloomberg) -- Lithium producers surged from Asia to the Americas on speculation Chinese battery giant Contemporary Amperex Technology Co. halted production at a major mine.The stoppage will spur an 8% cut in China's monthly lithium carbonate output and "will help rebalance the supply with demand," UBS analysts led by Sky Han wrote in a note.The shutdown is positive for the commodity, according to UBS, which expects 11% to 23% upside for lithium prices in the rest of 2024. "

[plasybryn] 04/9/2024 07:49

From the COB - Auzbiz.co.ukThe lithium space has endured an awful time since early 2023, wiping out most of the gains since the pandemic. Good old-fashioned supply and demand have smashed the price of lithium by around 90%, and although the exact pricing is a touch opaque, the trend is most definitely not. One major concern around demand is potential tariff hikes from EU and US regulators retaliating against perceived Chinese dumping of electric vehicles into the respective markets. However, for adoption to improve, we need EV prices to fall, and reducing competition with tariffs will have the opposite effect. Hence, markets are nervous about demand into 2025, driving prices even lower. Several higher-cost miners have tried to reduce costs rather than curb production, but this cycle is likely to pressure them further. The huge supply reaction to 2022 prices illustrates that there is plenty of lithium available, and bringing it on stream isn't too hard. However, it's not necessarily economical, especially if demand doesn't accelerate from current levels. In June, we sold Pilbara Minerals for $3.50, a genius move if we had also sold our Mineral Resources position, which also carries lithium exposure. Lithium pricing/production isn't as straightforward as gold and copper, but we are confident from a sheer price perspective that IGO is the best positioned, followed by Pilbara Minerals, especially when the latter ramp up production. The downside momentum and sentiment toward lithium stocks is poor and a "washout" drop to around $2.50 wouldn't surprise us, an area where we again like the risk/reward.

[ukgeorge] 02/9/2024 10:48

hopefully these sort of developments will get the EV market back on track

Samsung unveils 600-mile solid-state battery with rapid charging

Samsung announced a solid-state battery with a 600-mile range at the SNE Battery Day expo in Seoul, in August. (Top Speed)
The battery maker also revealed the battery can charge to 80% in just nine minutes, potentially revolutionizing the EV industry.
The battery uses a solid electrolyte instead of a liquid one, offering more energy storage, better safety, and a 20-year lifespan.
Samsung plans to mass-produce these solid-state batteries in the next few years, with more affordable options also in development.

[l0ngterm] 27/8/2024 18:20

...more than the current market cap..

[l0ngterm] 27/8/2024 17:49

Well it's ratification and 127 million! Dollars basically. Spud price, may have impact but that's basically the market more than the current market cap.

[roy keane] 27/8/2024 16:35

Once ratification done will likely go back above 20p. Imho

[l0ngterm] 27/8/2024 15:38

The ratification will trigger a circa 27-28 million investment in the local assets/project. Total investment being 32 million.

[roy keane] 27/8/2024 14:24

So what are they finalising then?

[l0ngterm] 27/8/2024 13:12

On the Ghana side, the pension funds won't invest till we are in production.

[l0ngterm] 27/8/2024 10:27

Nope, they paid 20p a share.

[roy keane] 27/8/2024 07:33

So the current price is a benefit for MIIF to get a cheap stake in ALL?

[lcwanderer] 26/8/2024 11:22

New article about MIIF...



We get a mention...

"The Fund through its investment in the UK and Australian listed Atlantic Lithium is now the third largest shareholder in Atlantic Lithium globally and working on finalising a 6% stake in the company’s Ghana tenements including the Ewoyaa project mine which increases Ghana’s stake in Ewoyaa to 19% on the back of a negotiated 13% free carry for Government of Ghana at US$27.9 Million."

[neo26] 21/8/2024 16:06

Why you making stuff up..

[plasybryn] 21/8/2024 12:15

Not a lot!!

[neo26] 21/8/2024 10:43

What the F is goin on here?

[gardenboy] 21/8/2024 01:18

Cash runs out in Oct this year. Tik tok

[gardenboy] 16/8/2024 13:35

No FID till end of '25

[neo26] 16/8/2024 11:53

Are PLL committed?

[l0ngterm] 09/8/2024 13:27

Well that's why it's this price, and why the reward could also be significantly more.

[l0ngterm] 08/8/2024 20:02

Aha, mind you Bert, you're sniffing a deal aren't you!

[l0ngterm] 08/8/2024 19:16

It's like pharma stock, it's like a... Just aim!!

[l0ngterm] 08/8/2024 19:15

Nope just usual aim!!