Member Info for carpymick

If you don't have time to listen to all of this, at least listen to 14:20 when he says we are one of the finest projects on earth and 19:50 when he says the mine will definitely go ahead.
https://youtu.be/uaxh_GAkNg0

This is the interview that I referred to. The whole thing is really interesting and any serious investor to listen all the way through because ALL is talked about again and again. 'One of the finest projects on earth'...'mine will definitely go ahead'
https://youtu.be/uaxh_GAkNg0

Maestro...in the context of the RNS, discharging means the same as carrying out their duties. It definitely doesn't mean they are stepping down.

I have to say I'm surprised at how much negativity there is at the moment. It's not surprising that the share prise is struggling...anyone who is thinking of buying, will be immediately turned off if they read this board!
What you've got to consider is this...would the directors be investing their own hard earned cash if they didnt think the SP was going to increase significantly? No they obviously wouldn't. The fact that they have made numerous purchases at the same time obviously tells us that the price is good and perhaps hints at news being imminent. Everyone on this board has rattled on relentlessly about this being a multi bagger. If that is true, which I am hopeful it will be, then a little bit of dilution is nothing to worry about. There will still be plenty of profit left for us share holders - the directors obviously think there will be. ALL IMHO of course :-))

Martin Kwaku Ayisi CEO of Ghanas Minerals Commission says the mine will definitely go ahead and states that it is one of the finest projects on earth. I'm unable to attach the video, but if you search for 'Martin Kwaku Ayisi talks about critical minerals' you should find it. A really interesting video in which he talks quite extensively about ALL.

Huge vote of confidence. This will dispell any doubts that people have. Directors don't invest substantial amounts of hard earned cash if they are not confident of success. They obviously know that the ML is just a formality.

Although the SP is down, more shares are being bought than sold. This
has been the case each day since Friday. The tide will turn and the SP will increase again :-)

Now this is more like it! Some big buys coming in from investors who clearly understand the advantages of MIIF being invested.

Neil Herbert has definitely said on more than one occasion that there would be a placement when MIFF invest, so they won't be buying on the open market. He has also said that there was no need for any other equity raises . So if MIFF buy in for approx £20m, the dilution will be very small and probably more than offset by the benefits of having them on board.

GK...I did think I understood the deal, but KP has made me doubt myself and everything that I had previously researched. I think perhaps KP is deliberately misleading his audience in order to make PLL appear even better than they are. I am sorry I have come across negatively, it is just that KP worried me with his statement that they will pay less than S900 for ALL spod.

I've been giving this more thought. Surely in simplistic terms, PLL don't really pay anything for their 50% of spod because they will own half of ALL and therefore receive half the profits which will come from what they pay for the spod, plus 50% of the profit that ALL make from selling the other 50%. Spod. Another worry for me is that PLL only own 10% of ALL at the moment, so where do the other 40% shares come from? Surely a massive dilution will be required to provide the shares that will make them 50% owners? Am I missing something here?

Mrflip, having listened to what Keith Phillips says, I am concerned too. If PLL get half our lithium for under S900 a tonne, they will also take half the total profit that ALL make, which will mainly come from the 50% lithium they have no claim too. In other words they are taking nearly 75% of the profit!!! I know the agreement states that PLL pay market rate for the spod, but KP seems very confident they will be getting it for under S900. If that's correct we have been well and truly done over. Surely our BODs would not have agreed to such a dreadful deal! Maybe someone with better understanding can explain this?

DGR have sold just under 2% in the last quarter which is about 12m shares. They have 5.37% left which is about 32m shares. Therefore if the continue selling at the same rate (about 1m a week), it will take about 7 to 8 months to sell them all.

Today's RNS refers. Inclusion in America's OTCQX top 50 has got to be good news, increasing international interest in us.

There is definitely a big buyer on board at the moment. Two 100k share buys on the same day last week and again today we see 2 large purchases of 100k and a 108k shares. Somebody is building their holding in anticipation of a rise with the imminent resource upgrade.

Sorry...here's the attachment.
https://w.soundcloud.com/player/?url=https%3A%2F%2Fapi.soundcloud.com%2Ftracks%2F1371706009&auto_play=false&show_artwork=true&visual=true&origin=twitter

About 10 minutes into the attached, Neil states that Cote d'Ivoir is included in the 50/50 contract with Piedmont. He also says that if the deal had been done today, it would have been better, but it was a very good deal at the time and he still thinks it is, given the stability it provides.
Personally, I see no problem with the deal. Piedmont have basically bought the right to purchase 50% of all our spodumine at market rate at time of purchase. In return we received 103m dollars funding. If that had been a placement, it would have decimated the SP at the time and nobody would have been happy. What is the alternative...that we go to auction and get more or less than market rate?
Everything seems good to me and if you do the numbers based on double current resource and current market price for spodumine they are mind blowing!!!
I am no expert on this and there are many others who know far more than I do so please DYOR.

The report contained within this attachment makes very interesting reading.
I'm not very experience at understanding all the information contained within it, but it seems to me that the report estimates that ALL is 98.1% undervalued compared to its fair valueof £17.65!!! Fair value being the SP value when the Company fulfills its ultimate potential (See Valuation section 1.5)
If this turns out to be accurate many people on this forum including myself, are going to be very wealthy indeed in a few years time. Have a read and see if my interpretation is correct.
https://simplywall.st/stocks/gb/materials/aim-all/atlantic-lithium-shares/news/individual-investors-invested-in-atlantic-lithium-limited-lo

https://www.fool.co.uk/2022/08/02/2-top-uk-shares-im-buying-for-the-ev-revolution/

Unfortunately I find myself agreeing with C26 on the logo. Surely there are other issues that are a much higher priority than redesigning a perfectly good logo, only to replace it with something that looks just the same! We were all teased into expecting something big like a new car only to be let down with this. A total waste of money that we can't afford to waste. Sorry to be negative but I'm just being honest...this is disappointing. Come on AM, we deserve better than this :-(