Atlantic Lithium Share Discussion Threads

[l0ngterm] 24/10/2024 22:47

Nope they just maintained a position.it is odd however, that a private organisation is investing more. Note not a fund etc. ?

[neo26] 24/10/2024 20:16

Is it, assore bidded 33p twice and all rejected it.Dilution after dilution.

[alhambra1] 24/10/2024 15:58

RNS x2

All good.....


😁

[mikethebike4] 22/10/2024 08:52

Another one !

East London tower block fire was caused by lithium battery, says London Fire Brigade

[dilip40] 20/10/2024 10:35

so they need $38m for the mine . piemont will have 40% of the co what will all end up with % wise.

any details nn full production costs revneue

thanks

[grafter] 12/10/2024 18:00

"We're looking forward to receiving a ratification of the mining lease, which is a parliamentary process.

"We actually received the mining lease last October, so we should have that later this month or early next month - etc

[bigglesbingham] 11/10/2024 12:52

They have permits only real outstanding issue is sale of off take which has been in negotiation for six months looking for 75-100m dollars. Once this is in place their share of cap ex sorted around 38 m everything else in place to build mine then ideally producing in time for lithium price to recover 2026. Their partner offered 33p a share when they were 25p but they turned it down flat which told me a lot. At this price assume off take negotiations conclude it's cheap to say the least.

[qipincha] 11/10/2024 06:38

didn't follow this recently. when can they start mining?

[nigerianprince] 08/10/2024 21:11

Gangfeng is at all time lows. Just saying

[plasybryn] 08/10/2024 17:40

SP Angel today:-Atlantic Lithium* (ALL LN) 15.96p, Mkt Cap £103m – Mine Operating Permit issued for Ewoyaa lithium mine in Ghana(Ewoyaa Ownership: Atlantic 62.9% falling to 40.5% if Piedmont fund their share of Ewoyaa, Piedmont 18.2% rising to 40.5% on project funding, MIIF Sovereign Wealth fund 6%, Ghana 13%)(Piedmont are contracted to pay $70m + 50% of the total Capex to raise their stake to 40.5%. Total cost would be $135m to Piedmont on a $200m capex.)The Minerals Commission of Ghana has issued the Mine Operating Permit for the Ewoyaa Lithium Project in Ghana.The permit was the last regulatory approval required before starting construction of the Ewoyaa Lithium Mine and Process PlantManagement need to complete the financing package with one or more new offtake partners and potentially other lenders before making a FID ' Final Investment Decision'.The team are also waiting on the final ratification of the Ewoyaa Mining Lease by the Ghanian government which should resume sitting on 15 October.Lithium market: Rio Tinto's interest and potential offer for Arcadium Lithium, the world's third largest lithium producer lends confidence to future expansion in the lithium market.We recently spoke to a Chinese buyer of lithium who reckoned the market had bottomed out and was looking for a +20% increase in demand for lithium hydroxide.Benchmark Minerals Intelligence forecast lithium demand to rise to 4mtpa in 2035 vs 0.68mt in 2022. This equates to another 73 mines at an average production rate of 45,000tpaBenchmark's forecasts look similar to lithium for other raw materials including, cobalt, nickel and natural graphite in terms of the number of new mines required to meet estimated li-ion battery demand.Conclusion: Atlantic is looking to complete the financing and permitting required to start construction of the Ewoyaa lithium mine this year.We are aware of a number of buyers looking to add to their offtake and look forward to further news on the mine financing with respect to the offtake portion of the total capex.*SP Angel acts as Nomad to Atlantic Lithium. Two mining analysts from share price Angel have visited the Ewoyaa mine site in Ghana. Our analysts also visited the Ministry of Minerals Commission and MIIF, the Ghana Minerals Income Investment Fund which has invested in Atlantic Lithium and the Ewoyaa project.

[steeplejack] 08/10/2024 12:18

Rio's has made a bid for Arcadium listed on the US exchange valuing the group at around $4bn.Analysts regard the bid as opportunistic and suggest a valuation of around $8bn might be more appropriate.Arcadium is a producer but this might lend some stability to lithium stocks in general after recent marked underperformance.The Times comments today-"Despite the downturn in prices, Rio is playing the long game. The demand for lithium is forecast by the World Economic Forum to reach 1.5 million tonnes of lithium carbonate equivalent by 2025 and more than 3 million tonnes by 2030, compared with production of about 180,000 tonnes last year."

[bigglesbingham] 08/10/2024 10:15

Now we need the offtake agreement sorting. The are after 75-100 I'm thinking they would have to come to some quite ingenious structure to satisfy both parties requirements because lithium on its backside and no one wants to commit to this price moving forward but who can predict the future. Probably negotiate variable formula moving forward with lump sum up front . They need that money though to honour their capital commitment . Difficult one which is why it's taking so long but good news today.

[husbod] 07/10/2024 18:22

Not that interested in lithium prices in 2050 and I certainly won't be interested in lithium prices IN 2050.Furthermore that sort of prediction just shows how stupid some analysts are. Who can possibly say what the demand for lithium will be in 2050 even if the world is still a functioning entity. There may be no demand at all if, for example, we all switch to hydrogen based energy which seems quite likely in five years or so..Quite honestly it's impossible to say with any degree of certainty what will be happening in a year's time let alone 26 years.Rant over!

[l0ngterm] 07/10/2024 17:59

Stop it you!

[andrbea] 07/10/2024 11:40

Lithium is seen as a critical mineral in the global energy transition, particularly for its use in the batteries required to build EVs.

Demand is forecast to increase by nearly 500 per cent by 2050. As such, analysts expect the recent slump in lithium prices to reverse in the near future.

[l0ngterm] 04/10/2024 14:44

U huh! Hmm! Yeah, yup!https://x.com/alex_avoigt/status/1842127206425698591?s=46&t=gJ40HEpUT4gYZeQiLJHwfw

[mikethebike4] 02/10/2024 09:14

Everybody can see Lithium is being side-lined by later developments

[plasybryn] 27/9/2024 05:32

Neil Herbert26 Sep 2024 19:53Https://www.investmentreports.co/interview/neil-herbert-1315

[l0ngterm] 12/9/2024 20:44

Next 6 weeks

[plasybryn] 12/9/2024 16:27

No mention of the Off - take agreements??

[lcwanderer] 12/9/2024 14:46

Interview with Neil Herbert...

[plasybryn] 12/9/2024 11:20

Very positive step forward today. Hopefully Neil will now emerge from the woodwork and update us on Ratification & Off-takes. Q4 could see us re-rate significantly in my opinion.Fingers crossed