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Can anyone tell me what's happening with Ricca?
Fantastic ceremony, this is going to be huge and so much to come.
*2 x Resource upgrades to come as per the investor call. 1st this quarter, 2nd q1 next year.
*MiiF $28million after GSE listing expected
*ML expected to be ratified by partliment this quarter
*$70-100mil offtake announcement this quarter for remaining 50% of feedstock
*EPA permit to come this quarter or next.
*Feldspar by product report
*Break ground Q3/Q4
*Stockpile Q4
*Commence commercial production and ramp up in 2025 to 365,000 tonnes of spodumene concentrate
Wildcard: Assore 3rd bid 33p+ as company has rejected 33p twice.
Fake UT, somebody wants to play this at the moment
Down c6%.....
Https://www.youtube.com/live/tp373ylaz58?si=AksLS3ud50QcHrPs
Looking forward to tomorrow. I think the listing is an important transition stage rather than necessarily a large rerater. It's a wise and strategic move.
The rerate event imo is ratification, then EPA then we finally have the comm, rather Keith does, then its GO
Remember the Head of the GSE is on MIIF'S investment board (Amada state's this at 13mins in Rock Stock link below 👇)...you can be sure MIIF will want the SP to move up to avoid a lowball offer
https://youtube.com/watch?v=exfowbe6zxa&t=779&si=nuwv0_hj4m****x6
Absolutely. Makes me think of that last presentation with Len and his team where he mentioned Goulamina. I think Leo added ~100mt to their resource in the space of a year
Massive room for resource growth with two further resource upgrades already pencilled in over the next 3 quarters.
Assuming the company isn't acquired in the next 2-3 years I think the resource goes over 100mt given the pegmatite extensions and size of the licence area. Then also factor in you have all this money coming in from both offtaker and MiiF and the aggressive drilling that can be done with that.
However I suspect ALL is going to get a lot more serious bids over the next few months and therefore we as shareholders might not see are invested reflected in a 100mt+, 400k+ tonnes per annum lithium producing company.
I hope I'm wrong!
Agreed, definitely impressed with communication and ir of the management team. Like the in depth approach too to some of the interviews too.
Still think there is great potential for further resource growth and exploration, even though LK is leaving. Possibly $100m to draw on and large areas unexplored?
20C+ weather and ALL on the up? GLA
Morning ALL, I was quite disappointed not to see a bit of a lift in the sp yesterday ahead of listing on the GSE. I’m assuming there will be demand for our shares in Ghana given we’re their fist lithium mine! Still, we’ve been climbing for a little while, not that long ago NH was adding in the 18s. Lots of news to flow in the coming weeks/months. I’m pretty much all in now, added a few more yesterday morning. I’m really positive about ALL, let’s hope NH and the team will continue deliver and meet milestones. Don’t think they could be doing anymore than they are. Wonder when they are travelling to Asia to negotiate offtake which was indicated in a recent interview(?) GLA. CJ.
Excitement slowly building here for me...offtake partner could be very interesting indeed...Neil dropped some references to BYD in past interviews...if that's who we are signing a deal with then happy days!
Could prove good timing that spod prices are not that high as we go through the final ratification...imagine the political chatter if we were $7k per tonne!!
That I agree with. There considerable funds 'perched' waiting ratification imo
Post rat, hands will be revealed, could end up with bidding war, I think Assore have more to say ..
Its a simple enough build and a rare near term prospect, 'lo hanging fruit' in mining terms..
Liontown Resources commanded a £1.8-2billion market cap before it commenced production.
Atlantic Lithium at £140million is extremely undervalued in my assessment.
The liontown c1 opex is also US$100-150 higher per tonne compared to ALLs c1 opex.
Swest42.....Perhaps the trust will start to build in Ghana. We had 5 years to list there and over delivered!
StrummerJones..always the level head....and I agree!
I know most don't like me mentioning PLL...but after all they're pretty much linked in with us through the funding of Ewoyaa and IMO very much reflect where lithium is. Being a £1bn + listed co. 2 years ago to now under £200k with 25% of that in cash......I think we have faired pretty well SP wise here at ALL. I did reduce my holding here and will continue to observe before topping up substantially!
@cyf.
IMO, what may shift this is Offtake, and mostly Ratification of the deal from Parliament.
The latter is what everyone waits for particularly. Until that lands people can pump it as much as they like. But it won't move much.
Cheers.
Cyfalafwr see my list just below. There's a crap ton of company making news in the pipeline for over the coming weeks. Not to be taken as investment advice but I see this back at 35-40p soon for starters as news comes in
I would have thought the confirmation RNS would have added 1 or 2p to the SP. So obviously factored in current SP .What other future news is ?
Good. Tick it off.
Getting more difficult for political shenanigans on ratification with each turn.
Its a Ghanaian company now. Ghanaian wealth .. along with MIIF
The board have outlined target production dates before and have added to the list.
*2 x Resource upgrades to come as per the investor call. 1st this quarter, 2nd q1 next year.
*MiiF $28million after GSE listing expected
*ML expected to be ratified by partliment this quarter
*$70-100mil offtake announcement this quarter for remaining 50% of feedstock
*EPA permit to come this quarter or next.
*Feldspar by product report
*Break ground Q3/Q4
*Stockpile Q4
*Commence commercial production and ramp up in 2025 to 365,000 tonnes of spodumene concentrate
Wildcard: Assore 3rd bid 33p+ as company has rejected 33p twice.
That should see more shares bought & sold.
I would like to see a target date for production. Any thoughts here on when that might be?
:-)
Tomorrow will be good. Lets see if we can get over and finish above 23p in anticipation for next week.
Following GSE listing we are expecting:
*2 x Resource upgrades to come as per the investor call. 1st this quarter, 2nd q1 next year.
*MiiF $28million after GSE listing expected
*ML expected to be ratified by partliment this quarter
*$70-100mil offtake announcement this quarter for remaining 50% of feedstock
*EPA permit to come this quarter or next.
*Feldspar report
Wildcard: Assore 3rd bid 33p+ any moment now.