Atlantic Lithium Share Discussion Threads

[ukgeorge] 20/1/2022 14:49

What a cracking day :)

The future £1 coins now costing 35p

[gardenboy] 20/1/2022 13:50

Today's volume very good already and it's just after lunchtime

[ukgeorge] 20/1/2022 09:20

well this is very nice :)

Blue skies, long overdue.

Yesterdays move was on good volume which bodes well

[lenses] 20/1/2022 08:53

Strong this morning. 50% up since the holiday.

Spodumine is predicted to run to 5k per tonne.

[givmesunshine] 20/1/2022 08:51

Finally ALL is getting some notice

[gardenboy] 19/1/2022 13:39

I've managed to get the ALLIF ticker set up on another share discussion site after contacting them. There is currently very little exposure to this company in the US despite the OTC ticker. All helps !

[ukgeorge] 19/1/2022 11:32

RK equity view on atlantic by Rodney Hooper

[ukgeorge] 19/1/2022 09:38

I have some Tirupati TGR which is a graphite play. They had a great run last year then gave most of it away.

[gardenboy] 19/1/2022 09:16

Tesla investing in Mozambique. I think I prefer Ghana

[gardenboy] 19/1/2022 09:07

If you look at Core Lithium valuation on the ASX it's around £800m. Spodumene mining , near coastal port of Darwin, cheap electricity, grades are around the same as ALL. Currently 10yr mine life albeit a little more forward in preparation for production

[gardenboy] 19/1/2022 08:52

George I wouldn't sell this below a pound. Actually I think it's going to be worth more like £1.50

[ukgeorge] 19/1/2022 08:50

Last year I had some prospect lithium I bought some at 16 cents and sold out in the 40's, which was very nice, but fast forward just a few more months and they are now 85 cents.

That market lesson cost me a fair bit. Hopefully it taught me to hold on to my winners. Fingers crossed even if these spike and then retrace that longer-term they are going much higher.

[ukgeorge] 19/1/2022 08:38

Fingers crossed that we hold on to the 30p level today. Hoping that it becomes the new base over the next couple of weeks.One of the key factors about yesterdays update was the new areas outside of the previous results almost certainly means another resource upgrade is going to happen.Should be a steady stream of drill results over the year and the PFS in likely April. Exciting times.

[gardenboy] 19/1/2022 07:33

https://oilprice.com/Energy/Energy-General/Will-America-Ever-Be-Able-To-Challenge-Chinas-Lithium-Battery-Dominance.html

[gardenboy] 18/1/2022 20:39

https://www.proactiveinvestors.co.uk/companies/news/971483/atlantic-lithium-s-infill-results-underscore-potential-at-ewoyaa-says-liberum-971483.html

[ukgeorge] 18/1/2022 18:35

The above video represents Atlantic lithium share price, when 30p is cleared and the market catches on

[gardenboy] 18/1/2022 15:56

An additional 22,500 m of resource and exploration drilling results are pending ooh

[ukgeorge] 18/1/2022 10:49

From share price Angel

Atlantic Lithium* (ALL LN) 30p, Mkt cap £164m – High-grade infill drilling results at Ewoyaa
Formerly IronRidge* (IRR LN)

• Atlantic lithium reports its latest round of assay results from the Ewoyaa Lithium Project in Ghana, where the company recently announced an updated Scoping Study and increased JORC resource of 21.3Mt @ 1.31% Li2O.

• The results are comprised of 4,769m from 42 holes, and approximately 22,500m of infill, extensional and exploration drilling assay results are to be reported.

• High grade drill results at a 0.4% Li2O cut-off and maximum 4m of internal dilution include:

o GRC0501: 45m at 1.54% Li2O from 78m
o GRC0478: 33m at 1.61% Li2O from 72m
o GRDT0455: 31.2m at 1.66% Li2O from 78.4m
o GRDT0451: 24.3m at 1.65% Li2O from 123m
o GRDT0457: 24.7m at 1.39% Li2O from 117.3m
o GRDT0449: 20.8m at 1.64% Li2O from 100.7m
o GRC0477: 23m at 1.48% Li2O from 33m
o GRC0482: 22m at 1.41% Li2O from 38m
o GRDT0405: 18.2m at 1.4% Li2O from 77.8m

• Highlights from the recently completed updated scoping study at Ewoyaa, based on a 2.0mtpa include:
o Pre-tax NPV8% of US$1,227m
o Pre-tax EBITDA of US$2,024m
o Post-tax NPV8% of US$789m
o Post-tax IRR of 194%
o Average EBITDA of US$178m per annum

Conclusion: Drill results at Ewoyaa continue to confirm grade and continuity, with mineralisation occurring in flat lying sill structures favourable for tonnage addition and low strip ratio. We look forward to the release of additional assay results pending.
*SP Angel acts as Nomad to Atlantic Lithium

[givmesunshine] 18/1/2022 09:56

Infill are expect to prove up, so didn't expect much action - still - they have started more drilling and we have the unanalysed expansion results to come.

[jasonsd1970] 18/1/2022 07:15

Getting bigger, stepping stones

[ukgeorge] 17/1/2022 11:46

I can't help but think anyone buying today is fingers crossed buying a £1 coin for 30p :)

Can't wait for the next leg up

[givmesunshine] 17/1/2022 10:29

Current prices for Spot I think are about 3x all our Calc within the reportsNews will be with us this week or next IMO also re further analysis of samples..