Member Info for AROK1975

This feels like a genuine step-change RNS.

Not just another “plans and ambitions” update:-

• US$30m partner funding agreed

• 49% free carried exposure retained

• Permits secured

• Contractors appointed

• 5,000m drilling campaign confirmed

• July start locked in

We are now moving from concept phase to active drill execution.

If Disko delivers, today’s valuation may eventually look very small indeed.

GLA

"Huayou has agreed with Elevra that should within the next 3 months the Scheme Consideration offered under the Scheme of Arrangement change, that the consideration paid under the agreement reflect the same proportional change."

Lawyers do not usually insert clauses addressing a future bid increase unless:

• the possibility has been discussed, or

• the parties believe circumstances could realistically change.

It does NOT mean a higher bid is coming.

But it absolutely suggests the idea is on the table and that the parties wanted protection mechanisms in place if the Scheme Consideration changes.

If Huayou were 100% certain the bid could never move, this clause would arguably be unnecessary.

Maybe wishful thinking from some of us still carrying the bad taste left by SolGold… but strategic assets rarely get simpler, cleaner and more tightly controlled unless the buyer sees long-term value well beyond the opening number.

GLA

Interesting price action in today.

Repeated block selling into 16.2p, but price holding firm with steady absorption and buy interest.

Feels less like capitulation and more like positioning around multiple outcomes:

• bid succeeds

• revised terms emerge

• JV resolution

• wider strategic involvement

This looks like pricing a range of outcomes, not a story being closed. Expecting plenty of twists and turns ahead.

GLA

The key phrase in the RNS, imo, is this:

“determine whether the identified gravity anomalies are conductive”.

That could become a major de-risking step if conductivity is confirmed.

Conductive EM responses coincident with gravity and magnetic signatures are much more interesting because sulphides conduct electricity.

the real value inflection normally comes from:

drill commencement, visible sulphides, assay results, or eventually a defined resource.

Entering the more exciting end of that phase.

GLA

Cheers Addicnt - good to see a familiar face in a very familiar script but sadly....

Same playbook, different mine - “jurisdiction risk”, “funding risk”, “execution risk”… all suddenly discovered at exactly the point someone wants to buy the asset rather than build it.

Feels like they just update the ticker and rerun the SolGold template each time. At least they’re consistent about one thing: the wording.

ATB

For some of us, this has shades of SolGold all over again - world-class resource potential eventually ending up in stronger hands before retail holders fully benefit.

Management spend years selling shareholders the dream, only to decide the real value is best realised by somebody else once the hard work is done.

And somehow, every time, the takeover arrives dressed up as a “compelling opportunity” and a “significant premium” - usually after the share price has already been battered into the floor.

Classic AIM: Retail funds the discovery. Institutions survive the dilution. The white knight gets the asset. And management call it shareholder value.

In summary:

Déjà vu from SolGold - drill it, prove it, dilute it… then politely hand it over once it actually starts to matter.

My 10:48 +53,575 shares top up / average up showing as a sell too. Must've been just shy of mid price.

ATB

Capita is still being priced on history, not direction of travel.

If execution translates into margins and cash flow, the valuation gap can close quickly - that’s the re-rating trigger.

"The hardest part is done - now it’s about proving it in cash and margins."

From a technical perspective, 300p is the pièce de résistance level - a break and hold above there would likely confirm that the market is starting to re-rate the story.

GLA

+4,000 @ 267.84p (08:22am)

Continuing to build position into what looks like a strengthening turnaround story. Valuation still compelling versus restructuring progress. Execution on track, with meaningful re-rating potential if delivery continues.

AtB

Yes, warrants caused a pullback, but it’s mostly noise. The dilution is only approx 1% on 5 billion+ shares.

North American market access is coming, adding liquidity and investors. Short-term traders panic, but long-term fundamentals remain intact.

Even if geopolitics don’t play a role, the fundamentals - funding, drilling, and regulatory support - remain strong.

This pullback presents an opportunity to accumulate ahead ofp drilling milestones and broader market access.

Feels like the significance of the Mining Lease ratification is being underestimated here.

This isn’t just another update - it’s a major de-risking milestone that formally allows Atlantic Lithium to advance funding discussions and move toward FID with a fully permitted project.

That materially changes the dynamic with Piedmont.

Pre-ratification, Atlantic Lithium was heavily reliant on them. Post-ratification, with government approval secured and fiscal terms clarified, the company now has a far stronger position when it comes to funding options and strategic discussions.

The $6.5m issue looks more like a pressure point in negotiations than a breakdown. If anything, the timing suggests both sides are reassessing terms now that project risk has reduced.

Important to keep perspective - replacing a partner isn’t instant, so a clean break seems unlikely. But equally, Piedmont no longer holds the same leverage it once did.

With Ewoyaa now fully permitted, dragging things into arbitration would make little sense for either party and would only destroy value.

Feels like this is heading toward a reworked deal rather than a worst-case outcome, and the current sentiment doesn’t fully reflect that shift.

GLA

Ratification has transformsed us from a waiting story into an active development story, and any operational, funding, or strategic news from now on carries much more weight, imo.

Ratification done, political risk removed. Weak hands exit, strong hands load. Markets may be jittery, but don’t mistake volatility for weakness - the path is clear for the next leg up!

Massive milestone for ALL.

Long wait is over - Parliament has officially ratified the Ewoyaa Mining Lease - that’s full approval for Ghana’s first lithium mine. Political risk removed, Permitting complete, Clear path to funding & FID.

This is a major de-risking event - Ewoyaa now moves from “if” to “when”.

Lithium cycle will do the rest.

AtB

Move to SETS looks well timed.

Improved liquidity and smoother trading - with interest clearly starting to build.

GLA

End of the road for me with SolGold. Funds received and position closed.

Still believe the company was sold far too cheaply - but that chapter is now done.

It’s been quite a journey… plenty of highs, frustrations, debates and learning along the way.

A genuine thank you to all the contributors on here - shared insight, challenge and support made a real difference.

Wishing everyone the very best with their next moves.

Strong update from Atlantic Lithium today.

Securing up to $16.4m with backing from Ghanaian pension funds is a big vote of confidence - and importantly brings in-country alignment as we move toward production.

Milestone-linked funding tied to lease ratification, FID and first ground break shows clear progress path.

Not just funding - strategic validation of the project and direction - fabulous.

GLA

History will judge the stewardship.

Shareholders deserved better.

Enough said.

Capital moves. So do I.

ATB

Also added 35k @16.6396p this morning.

Long game from the IronRidge days, remembering Vincent Mascolo’s unexpected passing in 2022.

Lithium pricing and demand fundamentals are quietly stabilising.

One legal step away from a major de‑risking catalyst - Parliament ratification!

GLA

If that’s coincidence, it’s a remarkable one.