Aterian Plc Share Price (ATN)

' Rio Tinto successfully completed two holes on the HCK-1 target, with a third hole currently in progress on the HCK-1 target. Multiple pegmatite dykes were intersected in the initial two holes, which were drilled to depths of 251.6 m and 251.5 m, respectively.'

that there are multiple pegmatite dykes is very encouraging... considering the high likelihood of pegmatites containing hopefully commercial amounts of valuable elements

Https://aterianplc.com/portfolio-item/the-HCK-project/

Https://total-market-solutions.com/2024/12/20-mining-companies-to-follow-for-2025-part-1-a-e/

Looking at Aterian further it remains a high risk, speculative play seeking favour with majors. It's limited access to funding keeps it dependent on regular placings and sentiment is almost entirely reliant on the Rio Tinto relationship.

Essentially an all or nothing bet on Rio sticking around long enough for Aterian to attract other financiers / majors to develop it's Moroccan assets. Until then high annual costs (group listing, board salaries etc will deplete the cash reserves fairly quickly as is the norm for tiny explorers.

Https://www.londonstockexchange.com/news-article/ATN/rwanda-exploration-update/16623721