Atlantic Lithium Share Chat (ALL)

It’s not over until the fat lady sings, new offer end of July is my bet

Apologies accepted.

Thanks for the link Teddy-KGB2.

Question to the Board:

If Ewoyaa is valuable enough for Huayou to acquire during one of the weakest lithium markets in recent years, why does the Board believe 18.8p is the right price for shareholders to sell? #ALL

Stinks!

They took the high salaries, arranged the additional dilution and basically have done no work for years which will continue until this deal is done...they will do very well out of it but we will not...

If they were greedy they'd have rejected 18.8p.

And still the hoover sucks them all up.

No one really knows what's going on. But as per last couple of weeks. The daily offload of 20,30,60,70,120,130k, now at around 0.3p higher - say 16.6p Bid v 16.3 a few weeks back continues.

SP making no significant moves of course. No clear buys visible obviously. But unlike a usual situation the price not falling, if anything creeping up very very slowly.

Very much as if the MMs have been told 'I/we', will buy all you can get, but within a very tight spread range still...

So The 64000 dollar question I guess, is whose lapping these up, and will we ever see a TR1 etc.

One may surmise I guess, that eventually if this is PIs having enough and getting out. This selling will dry up. But could it be some bigger entity waving good bye in chunks?

The whole situation would be intriguing if a lot of us didn't have reasonable sums of money invested....

The BOD here either playing a had, or still asleep at the wheel.

I think I know still my favourite likelihood. But still. Makes me check on this one once in a while just in case they suprise us.

Nobody is suggesting Zhejiang can legally prevent a higher bid from emerging. Of course another bidder can appear right up until the offer becomes unconditional.

My point is that momentum matters. The longer a recommended bidder is in the field, the more time they have to build relationships, complete diligence, secure financing and gain shareholder support. Meanwhile, the time available for a rival bidder to do the same is steadily reduced.

So yes, another bidder can still walk through the door tomorrow. The question is whether they can realistically complete everything required and persuade the board and shareholders to change course before the current offer completes.

Perhaps Assore's acceptance of 18.8p is the smartest move of all - keep everyone relaxed, then decide whether to act when the clock is against any competing bidder. Food for thought.

GLA

The bidder doesn't have exclusivity of momentum, any new bidder can walk in the door and place a higher offer on the table any time right up to the second that the current bid becomes unconditional, there is nothing that Zhejiang can do to stop them, Zhejiang don't command or control anything.

Agree Arok, very risky on their part if that's their plan, or anyone elses if they are waiting to make a late in the day bid. I've resigned myself to the fact the current offer will go through, unfortunately. If something better received then that really is a bonus is the way i'm viewing this now. I do think we've been screwed over, but we're not the 1st and wont be the last, especially in this sector and region

Perhaps, but sadly the longer a bidder has exclusivity of momentum, the more difficult it becomes for others to complete due diligence, arrange financing and persuade the board to switch recommendations.

Whatever the explanation, it's hard to escape the feeling that shareholders have been short-changed by the way this process has been conducted - very little transparency.

GLA

That is the an area that does confuse me a little as well unluckyme, albeit the cynic in me thinks a ploy on their part as it does open the door for them to get far cheaper than they had previously bid.....come in late in the day and be seen as the saviour by bidding a few pennies more which at that point shareholders may well be inclined to vote through?? All about timing for them, go with a cheeky low ball bid too soon and it may put shareholders off completly, go in cheeky at the right time late in the day and thats a different story. Either way them accepting the 18.8p bid may well be a shrewd move on their part

Co chaired with Ghanian foreign minister....now this would be an interesting combination. In particular as POSCO is searching the globe for lithium projects to invest into🤔

www-koreatimes-co-kr.cdn.ampproject.org/v/s/www.koreatimes.co.kr/amp/foreignaffairs/20260601/korea-seeks-minerals-supply-chain-cooperation-from-african-nations?amp_gsa=1&amp_js_v=a9&usqp=mq331AQGsAEggAID#amp_tf=From %251%24s&aoh=17803752915195&csi=0&referrer=https%3A%2F%2Fwww.google.com https://share.google/dT2P0I5qGvAlsUffF

Https://x.com/i/status/2061401349892235293

James is the chief investment officer..

ALL are primarily a exploration and development company, I think they never had any intention of putting it into production themselves, but still beleive we have a long way to go in this process, but it will be sold in December

Swest42 I agree, the Board have been suspiciously quiet. I cannot fathom out why they would accept such a low ball offer with Spodumene Concentrate 6% at $2,588. At this price the Ewoyaa mine is such a profitable project. From every angle it looks like a stitch up job, with the small shareholders being shafted.

FWIW.

Wrote a significant email to Howard at RK today and I will not elaborate. Suffice to say it contained names who need to get on record. Certain things aren't right.

You may be right that there are bigger strategic forces at play and that a lot is happening behind the scenes that we don't yet know about.

My point regarding contacting the board isn't that retail shareholders will change the outcome tomorrow. It's that if enough shareholders have concerns about valuation, the rationale for the recommendation, or intend to vote against the scheme, the board should be aware of that ahead of the vote.

The November vote is one of the few points in the process where shareholders actually have a say. Communicating those concerns directly to the company at least ensures they are heard.

Whether the deal completes, is improved, attracts a rival bid, or falls away, shareholder sentiment still matters.

I hope you are right, I don’t think the BOD have given up, I think there is much more to play out here, otherwise why give 6 months, they didn’t need too, but needed to deal with the Elevra problem. I don’t think another Chinese company will bid as that would be against their national interest , so is down to Assore or another US or European player. This is going to get interesting in the next 1-3 months I hope

@StrummerJones - my view is that there is less and less value on this chat board. You have chartists looking at volume and telling me what the price is. Seriously! Who gets excited about a 0.3p increase one day followed by a 0.2p decrease. Essentially we are either here for the c18.8p takeout or more.

This brings me to the flip side that there is very little analysis here.. Every investor should be assessing the risk/reward, especially the downside to see how plausible it is. Quite frankly this is ignored with people repeating that 18.8p is guaranteed. I'm not saying it will happen. But there is always a probability and this allows for a risk based adjustment. Even miners use risk adjusted prices.

I still it is worth holding on to completion here slim chance the deal falls through with a chance of another deal.

Gl in the future.

yeah ok.

tbf you had a case of over excitement i agree.

tedious and repetitive. but simplistic and short sentences of expectation.

the other two, were cut n pasting out excruciating verbage by the half hour.

if you don't even write much, but read a bb a bit. you get to suss a bit the good people, and those i mention. i really disliked being pilloried for being objective and not fitting the maniacal ( and proved ******) pumping.

got my goat tbh.

so, yes apologies. i may have tarred you with the same brush. your inputs may well have been (an ott) reflection, but a reflection nonetheless, of what we all had hoped after the long wait.

as to gold btw. i see ggp when it has had its dips to 6.60 odd as the one. that will clar £8+ in no time if the war and loony trump end. plus they have a huge new couple of resources to come in the next year or so.

that's my opinion if being honest.

The asset here is amazing there has been no doubt about that, hence my investment here. When 1p movement is equivalent of an okay yearly salary, i'm very invested. I've always stated funding is critical point, however didn't think it would be hard to achieve.

Still don't tbf, so dark games have been played in my mind. We have all been played, however my entries of 7p make it a lot more palatable than others. You are also confusing excitement of a stock to pumping on my part. I only state what i believe. Check my history of posts here before December. I was against it until finance and ratification was achieved as the risks are too high, which changed when it seemed nailed on for ratification in December

Ah, as if by magic, the shop keeper arrived - looks up the reference P No 3...

No mate not pleased at all. Just less then sanguine with the board, and with the way this "board" went.

The likes of Ramon, Sweet and a few others were cast as people looking to lower the price for an entry by your chums.

In truth if you had read there inputs for far longer than the pumping crew were posting here. You would know that these were genuine investors. Not fly by night J, come Lately types.

But hey, don't let the truth get in the way of a good pumping...

In truth

Now corrected

17p bid and ask this morning.

Https://allafrica.com/stories/202605280261.html

All it takes is for Assore to remove their support and then the offer collapses without sufficient shareholder support, even if it is binding. They are unlikely to do that unless they know a better offer is inbound or some condition changes (e.g. the IER shows we are undervalued). On the regulatory side there is plenty of pressure that can come from multiple angles. The US could speak to the Ghanain government or MIIF to block a chinese takeover and have some other funding in the waiting which might be informally discussed with Assore. I'm not saying it will happen but its a possibility. It all comes down to how important a shovel ready asset is to the west and whether they want to block the Chinese getting a foothold in Ghana.

My view is that a counter will come in although it will be backloaded to coincide with the IER. not sure who mentioned it here the other day about bids coming in late. I just imagine it as the Ebay bidding effect when the clock ticks down, everyone bids in the last hour. The 6 months is long but it gives enough cover for a consortium to form. At least we can all enjoy the summer with the price range-bound

Thank you ceejay101. That all makes sense to me except I thought the RNS said the offer was binding so it would be the default. Regarding your three scenarios I believe that the worst case won't happen. The US/FIRB can do what they want in trying to stop the deal progressing but the Ewoyaa lithium belongs to Ghana and they will just laugh, terminate/reverse ratification and sell it to their new best friends the Chinese. Atlantic Lithium shares become worthless.

The other two scenarios are more likely although a western bid would antagonise the Ghanaians because they want the lithium to go to China so who knows what would happen then.

I tend to agree that a slightly enhanced offer from Huayou to wrap things up quickly or the 18.8p will prevail.

@KMBXXX - the downside is that the deal doesn't complete and we are left in the lurch. The worst case scenario is that the US pushes FIRB to block the deal through an entity like AUKuS without having sorted out a western consortium. I know one or two on here believe 18.8p is guaranteed but then we all thought this would

The best case is that a us consortium intervenes, timing could be closer to the ier and assore pull back their support. Depending on how this is structured we might even remain intact.

The mid case scenario i see is that the IER shows lithium at stable prices above $2k and huayou boost the offer to close the deal.

Personally I think assore have been sounded out already and a consortium is being formed with a counter. The US is becoming more active on blocking Chinese takeovers, only the other day I was reading about deal team 6. There are plenty of US bodies that have assets like ewoyaa within their mandate

The bid price is US$, the equivalents are shown in brackets as a guide.

"it is proposed that Huayou will acquire all of the issued shares in Atlantic Lithium by way of an Australian scheme of arrangement for cash consideration of US$0.25486 per share (A$0.354 per share / £0.188 per share)1 ("Scheme Consideration") (the "Scheme" or "Transaction")."

"Footnotes"

"1 Scheme Consideration of US$210 million (implies Scheme Consideration of US$0.25438 per share equivalent to £0.188 per share and A$0.354 per share)."

The current conversion:

US$0.25486 = 18.92p

17p, knew the upside wouldnt stay on the table for long.

Charts looking very good to be fair. 16.9p close. Get a breakout, would state another bid being sniffed.

So currently ~2.4p short of the current proposed bid price ~5months to go. So can envisage a creep of 0.3/4p per month. I'd imagine alot would sell out at 18p. The interesting thing from my view. IF(IF) the deal fell through, finance was achieved. The share price would be a lot higher. Downside risk is actually skewed. Faith in the board is diminished at the board though which is the downside risk.

All the reported buys are very small.

As I said a couple of weeks ago, the MM's are squeezing out the weak sellers. Slight tick up, squeeze a few more out, tick down to make sure volume doesn't go crazy, next day rinse and repeat, when there's no more juice coming from the squeeze then tick the price up a little like today and see what flows, it's perfectly orchestrated to make Pi's sell out at a price lower than the 18.8p so someone can make a little bit of profit between the seller price today and the 18.8p or potentially more and, it's working for them day after day.

Im fully out, sod this!

@swest42 ,thanks for the heads-up about Keith Philips being on RockStock and discussing ALL. The more I listened, the more I felt inclined to sell the remainder of my holding. As you pointed out, Elevra’s plans from the outset did not include any investment in ALL—so if someone is completely unaware of those plans, it raises concerns about their suitability for an executive role.

Thanks for auction advice. Suffice to say Market sets the price, certainly not me.

Never assume anything btw, makes an arse of u n me.

I think a counter offer could happen. Fair to middling. That 6 months cluase. Noteworthy, long.

It's satire Jack.

Some interesting comments from KP on Rockstock. Howard presses KP quiet hard there, 48mins ish. Elevra had other priorities. Imo our BOD should have been more dialled into that.

Swest42,

Totally baseless claims.

Go to any auction for anything, you'll bid £1000 thinking that's the max anyone would pay, but others keep bidding and the sale price is £3,500. What it shows is that:

1) You don't know how to value something

2) You assume way too much

3) You have no idea what someone else is willing to pay to get their hands on something

In this critical raw material race. Short sighted ~yes (everyone except China), Lazy ~yes (bod), Stupidity ~yes (everyone except China)....Beyond belief ~No (still a lot of dinosaurs in ROW). I had hoped that our bod had something up their sleeves since they were so heavily invested....but🤔

https://www.mining.com/chinas-grip-on-lithium-to-hit-39-by-2030-woodmac/

Fair and balanced take tbh, Swest42.

Timing, Ghana delays and changing market conditions clearly mattered. Frontier projects live and die by funding windows and sentiment.

I suppose the lingering question for some shareholders is simply how the valuation narrative shifted so dramatically along the way - especially after years of being told the strategic value was significant.

Still holding that sliver of hope something unexpected emerges. This is the 2nd shocker ref Solgold.

ATB

Interesting few thoughts from you there Arok and well worded.

Avoidance of doubt I hold a sliver, no than that, of a new deal. I'm a brutal realist.

I would just add that the market ever changes. funds move about. I think the iron was hot a few times. I think it was with KP when PLL first signed up. Then Ghana took absolutely ages, then theres an imbued expectation everything just starts when they ratify. PLL had moved on immeasurably, no longer existed even. Money was reallocated. Elevra aren't ready to move; in swoops someone with readies 'now', yes on the cheap. I did think Assore would defend having offered 33p, but again, that was a while back, maybe they have better options 'now' elsewhere, maybe they dont have 33p anymore. Funds are eternally, globally, agile. Timing is everything. Ultimately I believe Ghana 'undid' us. This is the bit where BOD criticised for not having plan B, but rat was 2 years with no end in sight. How do you plan for their unpredictable whims ? Along with many others, I'm done with the Africa thing, too 'opaque', random, 'crazy' actually, cant plan the funding around it. ATB and lets see if the 'slither' emerges.

If Elevra stepped back, it may have impacted sentiment, but it doesn’t mean the project "lost the finance to keep moving" - funding in these types of developments usually comes from multiple routes, not a single partner.

And Assore agreeing is just standard governance approval, not necessarily endorsement of any market narrative around it.

Still, in these kinds of stories, sentiment can shift quickly - or the original case may not have been as strong in hindsight as it appeared at the time - and that’s part of why some are still holding a sliver of hope that a bid or strategic move could still emerge over time.

ATB

I guess the moment Elevra pulled out, we lost the finance to keep moving.

Plus Assore agreed with the sale.

I think...

Not holding my breath… but the question is still valid.

Long-term shareholders in Atlantic Lithium funded the development journey through to ratification - so what was the catalyst for a lower valuation / reset in market perception at this stage?

Markets don’t re-rate without a reason - so what changed?

Retail carried the risk through the cycle. Clarity shouldn’t come after the move.

#ALL

#AtlanticLithium

#shareholdervalue

#mining

Yes you can sell big chunks at bid. So plenty of appetite for the shares at this price.

My understanding from takeover panel rules is that the standard 1% rule doesn't apply to the acquirer... Meaning any huayou purchase has to be disclosed.

Unless I've missed a disclosure it suggests its someone else.

Clips of 10, 50, 150, 200k being sold off around .163x

But no movement on price despite very low published buying.

I guess the truth is that our low balling Chinese friends are sucking up the PI exits to increase the weight of the eventual sale momentum.

The optimist will hope that these exits are being bought by A.N. Other suitor. But the way the current BOD have given up, strikes me that they would have to shout very loud to even rouse their interest?

Looks a goose cooked one fears now.

But where there's life.....

Eareyeam Don’t think people were questioning your honesty more your abilities 🥴

@JackB14 certainly looks interesting there, €110m Portuguese grant, AGM lithium holding 15% (just bought zinnwald) and an offtake agreement, LOI non binding for a $270m loan from Germany.

Another 1m+ late buy trade, today after day now, sold stock going to a good home.

16.79p 1,200,000

Interesting to look at SAV's timeline. First bit of kit bought today. Prod expected 2028.

Will the team be progressing anything in the mean time here?

100%. Assore could have bought elevra out and taken on the jv role but have bent over without any fuss, only a few months after RAT… ‘jurisdictional risk’ says it all, Ghana have something to do with this.

Poor management from the board, where have all the raised funds gone over the last 2 years? Could’ve drilled and doubled the resource in that time. Literally just fleeced shareholders with a raise through longstate and pension funds. Why have they sold everything? We know the prospects of the cotes license, sell the Ghana assets and have $210m to develop cotes and acquire licenses/small producers.

Herbert gets his remuneration for a sh*t deal, Keith has been paid a fortune for the last 2 years for doing nothing, Amanda has fleeced everyone. How these 3 can look themselves in the mirror and believe they have any integrity is beyond me.

I hope someone with deep pockets and great lawyers can get to the bottom of all this. Whole thing stinks to high heaven.

well after 5ish years of holding this rollercoaster ride of a company i sold my reasonably large stake today. managed to make 25% profit so can’t complain but imo i should have been getting at least 33p for my shares, if only the board had given the shareholders a chance.

i don’t want to be too negative as i no longer have any skin in this game but if you look at it objectively, the board clearly haven’t had the shareholders interest at heart. to decline decent offers considering the cluster**** the ratification of the mining lease turned out to be without even offering a shareholder vote was poor. to then accept 18.8p when in theory the hard part was done and financing a world class, low cost lithium asset shouldn’t be a problem does seem a bit fishy. coupled with the fact that a chinese company and african politics are central to this deal has raised a few red flags for me hence selling my stake. the ricca spin off also still doesn’t sit right with me either so as much as i wanted to stay in and wait for a higher takeover offer, my confidence in the board here has dwindled completely and i can’t help but feel there could still be a sting in the tail waiting for shareholders here. i genuinely hope i’m wrong, i’ve left another 25% potential profit on the table by selling and you’ll all make some good cash off this, but fortunately/unfortunately my brain has had a word with my wallet so i’m out. good luck all, both longterm holders and traders, you deserve a profit just for reading all the boll*cks on here!

With the current turmoil going on, the uncertainty and Burnham’s rise are already putting downward pressure on the pound — which is good news for ALL holders right now. If Burnham actually wins the leadership and becomes PM, most analysts expect markets would keep sterling under pressure which in kind, puts Atlantic lithium as hedge against a weak £.

Atlantic Lithium in 2023 were talking to potential offtake partners for funding the Mine. Any of these now seeing that 100% of Ewoyaa output is up for grabs, could counter bid. As they say on the video, 50% is very attractive, so 100% is something they should be drooling over bearing in mind if they let it go to Zhejiang, they'll get none of what they were hoping to get.

Start at 12:50 on the video, read the presentation slide as well as hear what she says.

https://youtu.be/82SPY24F0Cg

Come on CATL, you've got $4.4bn sloshing around, put 10% of that this way, you won't regret it!

"CATL earmarks $4.4B for critical minerals mining arm"

Contemporary Amperex Technology Ltd (CATL) has earmarked $4.4 billion to expand its critical minerals mining business amid a global energy shock that raised fears over its supply of battery raw materials.

On Wednesday, the Chinese EV battery maker — one of the world’s largest — said it will create a new subsidiary to act as an investment and operations platform for the new energy mining sector. Its business scope would include mineral resources exploration, metals processing and sales of chemical products, it added.

The investment arm, with a registered capital of 30 billion yuan (approximately $4.4 billion), will “integrate existing mining assets, pursue high-quality mineral projects at home and abroad, and safeguard supply of raw materials for the company’s core business,” its securities filing to the Shenzhen Stock Exchange reads.

The move comes at a time when battery manufacturers are grappling with rising costs and supply uncertainty for their raw materials such as lithium, whose price has risen more than 140% over the past year.

https://www.mining.com/catl-earmarks-for-4-4b-new-critical-minerals-mining-arm/

"pursue high-quality mineral projects at home and abroad"

Come and get it CATL, we are waiting for you 👐

Jeez CATL!

‘CATL sold 630 GWh in 2025 — consuming ~450k MT LCE. That's Australia's entire lithium output. 1.5x Chile's.

Dominance at that scale creates its own vulnerability. Securing the mine isn't optional anymore.

Hence the $4.4B mining arm. But will it be enough? At that budget, expect 100–120k MT LCE capacity — just 25% of current needs.”

https://x.com/d_jimenez_sch/status/2044899028891013153?s=46&t=gJ40HEpUT4gYZeQiLJHwfw

For those questioning how Elevra will pay for Ewoyaa, here's your big chance to ask them your questions. Asking on here won't get the answers from Elevra because they are not on here.

ASX ANNOUNCEMENT

15 April 2026

March 2026 Quarterly Report Advisory

North American lithium producer Elevra Lithium Limited (ASX:ELV; NASDAQ:ELVR) (“Elevra” or “Company”) advises that the Company’s March 2026 Quarterly Activities Report is scheduled for release on Thursday, 23 April 2026.

The Company will host an investor webcast covering the March 2026 Quarterly results commencing at 9:30am AEST on Thursday, 23 April 2026.

Retail shareholders and investors are invited to listen via a webcast service. To listen live, please click on the link below and register your details: https://webcast.openbriefing.com/elv-qtr3-2026/.

Written questions may be submitted via the webcast platform. A direct link is also available from the Elevra website:

https://elevra.com.

This link will also provide access to the archive version that will be available approximately two hours after completion of the webcast. Please note that it is best to log on at least five minutes before the scheduled commencement time to ensure that you are registered in time for the call.

Announcement authorised for release by Elevra’s Managing Director and Chief Executive Officer.

This isn’t about assore getting in, which they will by the end of April 😉 it’s about elevra not stumping up.

They can approve but yes like you say the government will be involved.If this goes to arbitration nobodies selling and nothing gets built.

At the end of the day it’s all boiling down to clarity, of which we’re currently receiving none.

News/interview over due, come on board earn your keep.

ceejay is like a journalist trying to get someone to say if a women can have a ***** 😅

long state finally out i imagine 🙃

Sadly governance in Ghana is rubbish and always has been, so most if not all big operators will pass purely on the jurisdiction without even looking at at the asset. That's why the Chinese are likely to get this in the end. But there's no downside in waiting the process out.

I would like to think that someone else will enter the fray but it would need to be with deep pockets not necessarily because we have a Chinese bid in pole position and I only made the comment about Solgold because there was all this chat from the Whitehouse re the Chinese and critical minerals and then just 2 minutes later Solgold gone with not so much as a whimper..unless of course they stop it once they have been delisted !

@Not2sure - so the starting point is that a western consortium wont intervene based on recent precedence of Solgold. The implication of this is that we are either taken out by a Chinese company or remain independent and stuck in a JV with a chinese partner.

What differentiating factors are there between solgold and atlantic? The CAPEX was large for solgold, what was the time to production, and is Ecuador a US friendly place for business? I know copper and silver are but were they designated before or after an offer was made?

The reason I am asking all these questions is becuase I am trying to validate if there is there a reason for anyone else to intervene? If not, what is the downside risk. I don't mind being challenged, in fact i prefer it. The informed view im getting on this board so far is that the Huayou deal is going through.

Ceejay I know you don't like solgold as an example but they have made the biggest copper /gold/silver discovery in the last 20 years and the Chinese have nicked it out of Trumps back garden !!

Zinnwald 9p to buy, with a 10p takeover, so 11% up for grabs there.

16% up for grabs here though, probably not for much longer as anyone selling at 16.15p has already sold and their stock has gone to a better home, hence being able to sell at 16.4p yesterday. It'll creep up over the next few weeks a little at a time to squeeze out weak sellers at each level. Should get to at least 10% away from the offer before levelling out.

And plenty of chance of a better offer. Not sure about the chances of that from Zinnwald but sounds less likely for them at their project size and stage.

I wonder if the Zinnwald buyer was the one trying to buy Atlantic Lithium earlier this year.

Talking of people dealing on inside information, I see two stocks today that dropped 10% yesterday, and today they both announced fund raising. (PRD and VAL).

Predators are scooping up UK listed companies like never before. Some recents being:

Atlantic Lithium, Zinnwald, Augmentum Fintech and, the two highest rising stocks of today day, Spire Healthcare and....... Tate & Lyle!!

There's others I've seen in the past few months too, can't remember all the names but I've seen 5 or 6 others.

Yeah, certainly leaked. And a bigger premium than here. See what the discount they have there tomorrow.

5p plus shares it was worked out from a 10p estimate at the time, but the shares were set at a fixed ratio based on that price so hopefully AMG goes up before the sale goes through. Not an amazing price for the potential but ZNWD was running out of money and needed to do something so at least now it's not going to zero. Was anybody watching the volume there this week? Volume went from almost nothing to about 1m per day on the run up. Deffo a leak/insider trading right? Right?

Deeply underwater

STILL 16% UPSIDE, take it or leave it, theres at least one buyer hoovering up the stock people sell, they are happy to take the 16%.

STILL LOADS OF ROOM FOR HIGHER OFFERS, if you don't think the chances are high enough then sell up.

And when you sell up, you have no reason to be here trying to convince other people to sell, that's not your job unless you are being paid to do it

Thanks for update Sheriff, and couldnt agree more

No problem! Sold the majority of my stake, a real shame. Will go down as one of the worst M&A’s for shareholders IMO.

Thanks for that update.

We've moved beyond complete radio silence in this wholly unsatisfactory situation surrounding the ridiculous, impossibly, unfeasibly low, 18.9 valuation.

I'm a realist, deals probably gonna go through, travesty, we'll see. thanks again

You dont see many AIM pre-market trades

14-May-26 07:26:49 16.78 1,100,000 Unknown* 16.30 16.55 184.58k O

but followed by

14-May-26 08:31:36 16.2234 855,248 Unknown* 16.30 16.55 138.75k O

Yes, Eeyore also used a lot of words whan he contemptuously dissed anyone who suggested the offer price might turn out to be lower than 33p. Self-opinionated clowns with little actual knowledge are best put on filter.

Alot of words to say the price is finally moving from it's sticking point 😀

My two previous posts, clearly that more cut and paste ..... from my brain cells!

Meanwhile certain people on here continue to try and talk it down, failing miserably to affect the price with their negative spin.

Watch out for those posting negatively day after day, multiple times a day, it makes no sense to talk down a stock you supposedly hold, let alone one where negativity is irrelevant, because the deal with Zhejiang has been signed, we either get that or we get a better offer from someone else.

Negative posts, especially day after day, are pointless unless someone has an agenda to try and keep the price down for their own benefit, so either shorting it, wanting to buy more for the 16% upside, working for Zhejiang while they accumulate sold stock, or work for a Hedge Fund that's hoovering up the sold stock for the 16% upside.

Wise man say, don't be fooled by wolf in sheep's clothing.