Member Info for Big_kahuna

MRE in progress may only ever capture a fraction of the total assets.

These first numbers are designed to prove concept and establish a baseline, not to wrap up the whole story. At Mt Agoma the shallow drilling has already outlined continuous mineralisation, and Kalayi is still at an earlier stage but shows clear system potential.

Potentially the first slice of a much bigger pie. The follow-up programme is where we see step-outs, deeper holes, and Kalayi/Agoma growth really start to bulk up the total resource.

Will be interesting to get a firm indication of how much copper and zinc might be in the mix from the MRE, but seems to now be material and a welcome additional revenue stream.

Edzi,

I get where you’re coming from, but I’d look at it slightly differently.

The first MRE is really about proof of scale and geology lining up with the concept, not necessarily nailing the full numbers in one go. Even if we only see 30–40% of the “dream” scenario, that’s still a solid starting base for a junior at this stage and gives a platform for the second programme to build on.

Kalayi and Mt Agoma are the real value unlocks, and if the follow-up drilling extends those zones, then the re-rating potential grows quickly. Mark Gasson’s point on Copper/Zinc carrying the Tin story is important too — it means there’s a potential self-funding route instead of endless dilutions.

In my view the market has already priced in a lot of caution. A steady MRE followed by strong step-outs at Kalayi/Agoma could be exactly the recipe for a rerate. Expectations may be high, but that’s often what attracts new money in.

Bougouni lithium project feels like it’s entering its key phase. Price still ~0.30p but the next big catalyst is the metallurgical results.

• Funding + offtake already secured, licences cleared.

• Assays being wrapped up now – once composites are sent off, DMS/flotation testwork usually takes 6–10 weeks.

• That points to results dropping Oct/Nov if the labs keep pace.

These numbers matter: if recoveries confirm the earlier work, the economics tighten up and KOD finally gets credit for being funded, permitted and moving towards production.

Market still prices it like nothing’s happening, but with metallurgy news likely weeks away the rerate potential is obvious. Mid-case puts this in the 0.5–0.7p bracket; strong results could open the door to 1p+.

At ~10p, Atlantic Lithium is trading close to the bottom of its 12-month range, yet the fundamentals line up for a rerate:

• Ewoyaa (Ghana) – fully funded through DFS stage, with government backing and a globally strategic project. Mining lease ratification is the next big milestone.

• Scale & Quality – large spodumene pegmatite resource, in a stable mining jurisdiction compared to many lithium peers.

• Funding & Partners – $28m already secured, reducing dilution risk and showing real commitment to bring this into production.

• Exploration Upside – Côte d’Ivoire licences (Rubino, Agboville) already returning anomalies – potential second front for growth.

• Analyst targets – Consensus sits around 18–34p, so at today’s levels this is heavily discounted.

Lithium demand isn’t going away – EV supply chains are crying out for secure, scalable sources, and Ghana could be the launch pad. With Ewoyaa progressing and side projects bubbling up, ALL looks like one of AIM’s more de-risked lithium developers.

Latest interview with CEO confirms the maiden MRE at Mont Agoma Main is on track for late September. Assays are finalised and with MSA for modelling.

Key takeaways:

• Mont Agoma Main – strong tin at depth, copper/zinc higher up. This is what the maiden MRE will cover.

• Mont Agoma East – new near-surface tin hit (23m zone), but excluded from maiden MRE due to limited data. Big upside if continuity proven later.

• Conservative approach – only Main goes into the first resource, East held back. That keeps expectations realistic.

• Logistics improving – new rig, deeper holes planned (500m+), better sampling, expanded geochem programs.

• Polymetallic upside – tin is the main game, but copper and zinc credits could lift economics.

Implication: Late September MRE is the main catalyst. Strong grades/tonnage could rerate the share into the 0.6–0.8p+ zone. Mid or weak outcomes will swing it lower (0.48–0.6p for mid, 0.2–0.28p if disappointing).

The DRC is always a double-edged sword – world-class resources but with political/logistical risks. Rome are playing it conservative, which might help credibility. Mont Agoma East is the wildcard that could supercharge things later.

I think this has largely been driven by artic’s posts last night, I think private and it would appear institutional investors have both been persuaded.

Several hedge funds are also seeking to hire lorry drivers to keep there traders updated on what songs they are listening to

Pies don’t let artic get to you, he’s just trying to make you sell up, he has a short position.

Tim from one shorter to another:

Hard to cost extracting the entire site, as that would likely take centuries due to the size, so worth putting Pitfield into context.

If the basin comes in around 20 Bt and you mine just 2% (~400 Mt) at a 50 Mtpa run-rate, that’s ~8 years of mining, costing on the order of $20–25bn all-in but generating around $30–35bn gross revenue at today’s TiO₂ prices.

That kind of footprint puts Pitfield closer to the iron ore majors (Rio/BHP shift 250–300 Mtpa) than to your typical AIM junior. For comparison, Kenmare Resources runs at ~40 Mtpa in Mozambique with ~$600m revenues, and lithium juniors like Kodal/Core are only 1–5 Mtpa.

Bottom line: if metallurgy and economics stack up, Pitfield isn’t a small niche play – it has the potential to be a bulk commodity project on a global scale.

Hahahaha

I don’t mind being tagged, as long as I can read your insightful posts on when people became members and what you’re listening to on the radio. I think they have gone along way to reassure all holders, they should get the share price moving soon.

Lol artic, I don’t even know how to delete a post. I suspect you need to stop indulging in the halflings weed,

Slap,

Yes.

profit and gradient play roles, but the real driver is a combination of profit discipline, portfolio balance, macro shifts, and stock-specific catalysts. That’s why you sometimes see selling even when logic suggests they should hold—it’s not just about the stock, but everything else on their book and in the world.

I have a personal pet theory at the moment that we are experiencing a more geo political mandate impact from our Chinese investors

No probs darb, now I have your trust would you mind doing me a favour and sell all your holdings.

Artic I think you are a shorter, you been unable to find a single negative post of mine, but I think I could find some from you if I could be bothered to read your drivel

Darb

why would an institution or fund keep unloading stock in the 30p range after already taking profit higher up? A few key points to keep in mind:

1. Different mandates and pressures.

• Some funds have strict portfolio rules (e.g. exposure limits, risk caps, sector rotation). If EEE no longer fits, they may have to reduce regardless of price.

• Others may be under redemption pressure from their investors — they need cash out, not necessarily the best price.

2. Cost basis vs. headline price.

• If they first bought at, say, 5–10p, then even selling at 30p is still a chunky gain. For them it’s a 3–6x return, not a “fire sale.”

• We often anchor to the recent highs (70p+), but long-term holders might see 30p as still rich versus their entry.

3. Risk management after a run-up.

• Big spikes often attract speculative flows. Some institutions just derisk into that, steadily selling down even if the market dips. They’d rather exit in tranches than gamble on timing a rebound.

4. Market structure and short pressure.

• Selling pressure can sometimes overlap with shorting activity — making it look like “why keep dumping at lows?” But a fund might be happy to clear their book, while short sellers add fuel.

5. They don’t know the future either.

• Not every seller is waiting for “the next rise.” Some believe the risk/reward has flipped, and they prefer to recycle capital into other names.

So in short — while it seems irrational at face value, if their cost basis is ultra-low, or if they’re forced by mandate, selling in the 30s can still make sense to them.

I think all the IIs are at 3 to 6p like a lot of us, so they are still selling at 10x plus

No worries, I’m holding for £4 but thats because I’m a shorter, lol

I don’t really care what you think, but I joined to post and thank ml when I hit 12 bags, I’ve never been tempted to post before as I find most posters on here stupid, like you.

A few key points:

1. The buy/sell data isn’t what you think

Those numbers you see online aren’t actual buy vs sell counts from the exchange. They’re trades classified by whether they happened at the bid or the ask. In reality, every trade has both a buyer and a seller — you can’t buy 12 million shares unless someone is selling 12 million. The system just “guesses” who was initiating. That’s why it often looks like all buys and no sells.

2. Market makers and liquidity

For a stock like EEE on AIM, market makers sit in the middle. If there’s lots of retail buying pressure, they’ll sell from their inventory, then balance it later by buying back cheaper (or hedging). They don’t need an infinite supply; they recycle flow constantly.

3. Why price can fall on heavy ‘buy’ prints

If the dominant selling comes from bigger players (institutions, funds, or even traders shorting), the market makers adjust the quote down. Retail prints will still show as “buys”, but those buys are just being absorbed by someone offloading size. Price is set by the aggressor with size, not the number of small-ticket trades.

4. Shorts and ‘attacks’

On AIM, shorting is harder but not impossible. A more likely explanation than a grand conspiracy is simply a big seller unloading — that pressure outweighs retail demand. The MM will happily feed you stock while they manage the other side.

Artic I can’t recall a single negative post, I’ve been on the board for many years, never bothered to post previously but wanted to join in when I hit 12 bag, suggests you read my wonderful posts and stop sniff me you twot.

Frankly I don’t think silly posts on here affect the share price one way or the other, I’m in as always stated in my posts, also I don’t think it’s even possible to short a junior miner on aim with 3 institutional investors with less than 20% of the shares.

They are massive but my sipp isnt