Member Info for 5toamillion

Elevra will take it to litigation, that could take two years. Atlantic won’t be able to touch the project in that time and they won’t get any offtakers. Dilution to fund litigation and eventually lights go off. Bye bye Atlantic.

Heading for 13p now, last pump and dump finished. Could drop to single digits from there. Congrats everyone 🥳

The board are a bunch of donkeys if they didn’t see this coming. Elevra are delaying it, equal members on the jv council they aren’t going to vote the pathway through until they’ve got favourable terms for the funding solution. Atlantic can’t force them out without their own funding and offtakes in place and they can’t negotiate funding without releasing the optimisation which elevra are blocking. This can will get kicked down the road for another year before anything happens, the board can earn hundreds of thousands in that time while the share price does nothing. No capitalisation on current lithium market.

Should’ve accepted the bid and forced assore into a counter bid, complete bunch of idiots 🤣

Elevra will have a 40.5% stake not 50%. It’s either renegotiate with an uncommitted partner or a new one. Both will cause delays, a blind man on a horse can see what’s coming here.

All well and good for a producing lithium mine, we however face the biggest hurdle so far. Funding.

Come on now, we’ve had a solid chat here. Even dusterinmong has held his tongue for the last month or two, great project but more suited to someone that can process it downstream for the impending ev boom and Bess post war, highly attractive buyout opportunity.

Why is everyone invested here? You’re all so negative, elevra are going to announce they’re transferring us all their cash to us in their quarterly update.

What other government has said this? Or is it something else you’ve made up along with elevra promoting RAT?

Atlantic board has had there eyes closed the last 2 years.

Arbitration will take years. Elevra know we cant afford a battle, shareholder dilution is the only option. We’ll all be lucky to walk away with 33p

Finally the penny is starting to drop with everyone here, along with the share price once again. Lithium prices have kept us up so far, any weakness in that and we’re heading sub 13p and further from there. Once again the board has turned down an offer many would accept, completely naive in trusting elevra. If they accepted the offer assore would have been forced to play their hand. Complete incompetence.

They can hold up optimisation if they don’t agree with the plan, which by the sounds of it that’s what the discussions are about. Clear delay tactics. 50toamoan, I like that 🤣 I may be moaning but I said months ago about elevra and was shut down.

Incompetent board with no funding, this will be another sxx/Hzm outcome unless it gets sold.

Hopeful of a buyout, it’s the only way this becomes successful. Assore can probably sit back and watch the board f**k it up and take us out at 20p like has just been said.

Where has that post gone? Longterm and eareyeam reported it because it doesn’t fit their narrative of elevra being trustworthy partners? They’re going to drag their heals on this for as long as they can. We’re unfunded and the board is probably only just realising, no plan B in place.

Delays delay delays, exciting times ahead 🥳

Absolutely battered on asx, Keith’s got his feet up on the desk. Another £20k earned over the last month of no news, while many of us are down multiples of that over the same time frame 👌haters will say it’s fake

Ceasefire will be over tomorrow, back to bombing and 13p 🥳🥳

Graphite just isn’t as glamorous as others right now… lithium, gallium and other things are a lot tighter in supply. The scrapping of the tariffs on Chinese graphite hasn’t helped but America needed to sort supply first, now it’s doing that with Syrah and hopefully Blencowe in a couple of years when we’re in production they can reintroduce tariffs on Chinese graphite supply.

I’m surprised the Chinese haven’t tried to take this from under the nose of America, jilin offtake for phase 1 production needs to be made binding by June otherwise we lose that option and they mentioned potential funding. Time for Mike to put the pressure on the DFC or book a flight to china, this is business.

Pump à la dump