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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Atlantic Lithium Limited | LSE:ALL | London | Ordinary Share | AU0000237554 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.20 | -1.07% | 18.56 | 1,244,465 | 16:35:05 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 17.70 | 18.48 | 19.50 | 17.52 | 19.10 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Iron Ores | AUD 718k | AUD -12.65M | AUD -0.0195 | -9.48 | 121.88M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:05 | UT | 56,164 | 18.56 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 08/10/2024 | 07:00 | UK RNS | Atlantic Lithium Limited Grant of Mine Operating Permit |
| 18/9/2024 | 07:00 | UK RNS | Atlantic Lithium Limited 2024 Annual Financial Report |
| 12/9/2024 | 10:07 | ALNC |  IN BRIEF: Atlantic Lithium secures permit for flagship Ghana project |
| 12/9/2024 | 07:00 | UK RNS | Atlantic Lithium Limited Grant of Ewoyaa Lithium Mining Project EPA Permit |
| 16/8/2024 | 07:00 | UK RNS | Atlantic Lithium Limited Grant of Performance Rights to Employees |
| 30/7/2024 | 07:15 | UK RNS | Atlantic Lithium Limited Quarterly Activities and Cash Flow Report |
| 30/7/2024 | 07:00 | UK RNS | Atlantic Lithium Limited New Dog-Leg Target Delivers Increase to Ewoyaa MRE |
| 12/7/2024 | 10:32 | ALNC | Atlantic Lithium mining lease application enters ratification process |
| 12/7/2024 | 08:30 | UK RNS | Atlantic Lithium Limited Ewoyaa Lithium Project Update |
| 10/7/2024 | 10:00 | ALNC | Atlantic Lithium says Ewoyaa activities suspended after worker's death |
Atlantic Lithium (ALL) Share Charts1 Year Atlantic Lithium Chart |
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1 Month Atlantic Lithium Chart |
Intraday Atlantic Lithium Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 12/10/2024 | 19:00 | ATLANTIC LITHIUM (formally Ironridge resources) | 4,236 |
| 16/11/2023 | 16:27 | Allocate Software | 254 |
| 25/11/2022 | 11:42 | Just thought I'd say hello | 8 |
| 01/4/2014 | 19:21 | TA Analysis | 1 |
| 28/2/2014 | 10:04 | TA Analysis | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 13/10/2024 09:20 by Atlantic Lithium Daily Update Atlantic Lithium Limited is listed in the Iron Ores sector of the London Stock Exchange with ticker ALL. The last closing price for Atlantic Lithium was 18.76p.Atlantic Lithium currently has 649,669,053 shares in issue. The market capitalisation of Atlantic Lithium is £120,058,841. Atlantic Lithium has a price to earnings ratio (PE ratio) of -9.48. This morning ALL shares opened at 19.10p |
Posted at 11/10/2024 13:52 by bigglesbingham 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. |
Posted at 08/10/2024 18:40 by plasybryn 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. |
Posted at 07/10/2024 19:22 by husbod 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! |
Posted at 04/9/2024 08:49 by plasybryn 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. |
Posted at 27/8/2024 18:49 by l0ngterm 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. |
Posted at 14/5/2024 01:00 by grafter 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." |
Posted at 01/5/2024 23:16 by l0ngterm I guess not then? however I do miss the herd that will follow with so much negativity. It's like an acid test of how far the share price goes up! It's getting close.However the share price is still dearer than the obvious |
Posted at 26/3/2024 17:41 by lurker5 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. |
Posted at 22/11/2023 10:54 by ukgeorge From share price AngelCompany News Atlantic Lithium* (ALL LN) 26.6p, Mkt Cap £165m – Atlantic to start initial production at the Ewoyaa lithium project in early 2025 (Ewoyaa Ownership: 40.5% Atlantic, 40.5% Piedmont, 6% MIIF Sovereign Wealth fund, 13% government of Ghana) STRONG BUY Work is underway in planning for the construction of the Ewoyaa lithium mine and processing plant next year. First spodumene concentrate production should roll off in early 2025 from the DMS ‘Dense Media Separation’ plant with construction of the flotation plant to start shortly after. The Atlantic team have received the necessary permit for electrical power offtake from the Ghana grid which is reported to cut power costs by 30-50%. Ghana. Ghana has over >7,000Gwh of hydropower capacity generating just over 35% of the countries needs. The Atlantic team is busy working to prepare the way for construction next year on the: EPCM ‘Engineering, Procurement, Construction and Management‘ for the main process plant and other infrastructure Tendering for mining contractor and DMS procurement with DRA advising Tendering for the mobile crusher to feed the DMS Contract to move the high-tension transmission lines which cross the project site. This should happen in Q2 2024 Scoping study for the Flotation plant to follow on from the DMS plant. This will improve the overall performance of the plant. Feldspar resource estimate due this year to support study for by-product production for local ceramics industry EPCM on potential for lithium conversion plant in Ghana, as agreed in the terms of the grant of the Ewoyaa mining lease. 2.7mtpa flotation study supports viability of processing fines and the middlings along with enhanced recovery of P2 finer-grained pegmatite material. Recruitment of three general managers for the mine development and ongoing operation: Ahmed-Salim Adam joins as General Manager, Operations. He is an accomplished mining General Manager with >15 years' experience in Ghana. Andrew Henry joins General Manager, Commercial and Finance. Previously Andrew was at Allkem, a lithium chemicals company and also Newcrest Mining. Simone Horsfall joins General Manager, People. Previously Simone was a senior human resources professional at AngloGold Ashanti and at 29Metals. Permitting: “Following ministerial grant of the Mining Lease for the Project in October 2023, representatives of the Government of Ghana have publicly expressed their desire to ratify the Mining Lease before the end of the calendar year. Concurrently, the Company is undergoing activities to obtain the necessary approvals and permits required ahead of construction of the Project.” *SP Angel acts as Nomad to Atlantic Lithium. Two mining analysts from share price Angel recently visited the Ewoyaa mine site in Ghana and drove onto Takoradi to check the quality of the road to port. Our analysts also visited the Ministry of Minerals Commission and MIIF, the Ghana Minerals Income Investment Fund. |
Posted at 01/10/2023 19:04 by echoridge News has already come, which you are needlessly discounting and instead, making a common mistake and putting way too much emphasis on the share price's disappointing share price performance currently. Management's huge accomplishments to date, from growing the asset to unprecedented insider share buying, to gaining the commitments from both Piedmont and the local SWF, to Neil's almost unbelievable revelation regarding offtake demand and therefore the Company's massive cash inflow expectations in Q1 next year, have not yet been anywhere near adequately reflected in the share price not - as you obviously think - because of some poisonous hidden fear in the market, but rather from mostly some very old-fashioned large holders' forced selling as well as a continued miserable environment for AIM small caps. Sure, there is an exaggerated fear surrounding the issue of the ML (which Neil was - again - wildly bullish about in the webinar. I've known him for 20 years and he is a boy scout. He wouldn't have said what he did if he didn't honestly believe it), but small shareholders need to understand that the other reasons I mentioned are more influential at present but also, by their very nature, temporary. Translation: this share price is a coiled spring and one only really needs a bit of patience to see a significant return. |
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