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Can’t see it being very soon at all, before the raise the price was walked down (leaky) when the board was in discussions the price was walked up (leaky) right now we’re stagnant. Any bad news on war negotiations and we get spanked.

Im guessing the offer wasn’t even above 30p, id take assores first offer of 33p right now. This is still a bumpy road to production with expected dilution, board has had its finger in its a**e for two years and still can’t drop news.

Trump prepared to ‘release hell’ if Iran doesn’t negotiate.

It is a safety net but it will linger like a bad fart.

2) A committed equity facility to raise up to £20 million (AUD 41.1m) through placement tranches of shares in the Company over the next 24 months, subject to shareholder approval ("Committed Equity Facility Agreement" or "Facility").

The dilution this will cause if its fully drawn upon will be damaging.

What does the market know that we don’t? This is not priced for success right now.

Elevra is the biggest risk to our failure, you’d hope the board have plan B, C in place but we can’t afford anymore delays.

Still uncertainty surrounding the war, Iran have rejected US peace plan. Trump likes to mess with the markets over the weekend, probably see a nuke on Sunday. To reject 40p in this market uncertain should be a crime, board need to get it sold.

Long term, what’s your thoughts on why assore haven’t shown any interest in cotes? Then could fund a exploration campaign there and earn in.

Each to their own, I personally would take 40p and would bite someone’s hand off for 50p.

Sell barari for 40-50p dividend, pay a special dividend to holders. Hold some back for exploration and getting to DFS stage at cotes and go again if they aren’t willing to attribute anything to that licence then they can buy us out again 🤣

I still think if a 40p bid now was accepted it could create a bidding war that finishes around 50p+. I’d happily take that, it’s gone on for a long time, time to see some rewards.

I just can’t see why

A. Someone wanting to offtake Atlantics 50% wouldn’t just buy Atlantic, instead of paying $2,000 per tonne they’ll be paying $675 per ton. (Subject to improvement)

B. Assore with a 27% discount wouldn’t bid with so much demand surrounding it, offtake and partner more or less in place.

Call me shortterm pal, I’m up for a buyout 🤣

Does anyone find it odd that Keith hasn’t done an interview on ratification and the Ghanaian investors yet? It’s all very quiet, you’d think they’d be shouting it from the rooftops.

We should get a TR1 since it takes their holding over 3%?

The warrants are at an exercise price of 21.9p, if they get exercised we’re likely to move up on that news. Nearly a 50% premium.

There’s no doubts in our asset, it’s great. Said this time and time again our problem is elevra. They need to$270m for the expansion of NAL, are they really going to want to throw $100m at ewoyaa?

The 2nd set of warrants are based on a RNS for FID, it says we have to vote to approve those warrants. They aren’t going to release an FID RNS when they’ve given out warrants that have a 30 day lapse time that hasn’t been voted on surely? They need an egm and the last one was held a month after they notified the market of an egm. Depends how quick they can hold the EGM.

MIIF investment and elevra probably won’t come in till after FID. All I can think of is a revised DFS shortly. This probably drifts until news.

I valued Atlantics share of ewoyaa at 43p based on the DFS, 48p based on today’s market price without any exploration potential included. Buy outs at those price would still make a 100% post tax profit on their returns over the mine life. It’s been said ewoyaa could 2-3x in size previously, add the agboville and rubino licenses which are adjacent to a license that ganfeng own 50% of called adzope it becomes even more appealing for them.

Elevra could easily be bought out of their 22.5% stake or even forced out if someone with big money moves in and forces FID, thing is they’ve paid $17m for 22.5% and are now expect to pay $70m for 17.5%. Im sure you could dangle $50-100m in front of them and they’ll be happy with their return, maintain focus and expansion at NAL.