Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
If you can be bothered to wait then it'll be pounds rather than pence. But no doubt traders will take 40p if offered.
I'd rather wait 18 months and reap the true value of our asset.
"So, multi-penny question, when does it list on the GSE?"
Multi-penny answer - "listing expected by end of next quarter" - so hopefully by end-June 2024.
Hi 5toamillion,
I use Lithium Price Bot on twitter. If you follow it will come up on your feed daily at 5am.
https://twitter.com/LithiumPriceBot
US$15 rise overnight
Each $ rise in spod = US$363,636 additional revenues pa for #ALL
Https://www.youtube.com/watch?v=fpJ8VGpUKUU
Justin Waite and mining analysis John Meyer discuss Atlantic Lithium. General discussion about lithium focuses on Atlantic from about 7 minutes.
I would drill and drill - starting with MOU-2 which I believe will deliver the biggest prize.
US$20m would allow 6 or 7 targeted sites and allow the company freedom to breathe unconstrained by penny-pinching measures. All IMHO
Would you give up 10% of Guercif licence to ONHYM for US$20m? I think I would, maybe even reduce holding to 50% to allow maximum drilling of licence without shareholder dilution. 50% of a lot, is still a lot.....
Great find Teddy.
So the number of potential (and preferred) offtake partners has been reduced to 5 parties.
Our all in sustaining costs (AISC) are circa US$675/t and within the lowest 5 producer costs in the world (not forgetting that some Chinese producers don't include Waste Management cost in their figures).
Note BYD have announced huge price cuts that will change the ball game for the EV market.
- BYD cut its hybrid BYD Song Pro DMI by 100,000 yuan (US$13,890).
The reasons for the price cuts? #lithium carbonate oversupply pushed prices significantly down. Battery costs are down. And BYD's scale and output has increased which dropped its unit costs.
Tesla shares are now down 38% from highs. They no longer can control the market as it's opening up. Cheaper battery costs will equate to higher sales and greater demand.
Spodumene Concentrate (6%, CIF China) is now up to $1,006.00 and has clearly moved up from it's floor.
Atlantic Lithium's shareprice has languished around 19/20p for a while and I believe it will also move up from it's floor.
I have bought some more shares this morning.
Chesh,
You must be in a very boring office job to post so much.
I hope you enjoy what you do.
All the best...........................! :)
Last time there was a sizeable rally PG was a party pooper and sneaked in a small fundraise. This time around PRD have sufficient funds for "advised" 2024 projects. Plus there are 2 strong catalysts for a strong shareprice rise now - Morocco and Trinidad both potentially providing transformational outcomes for the Company. Ireland could also surprise later this year.
There must be some really anxious folk here with trades nearing settlement date or maybe investors who are over-exposed; to keep on bleating about delays.
News will come when it comes - that's PRD in a nutshell, no use second-guessing something beyond your control.
Glass half-full chaps!!!
This year will be the best ever for PRD.
Https://www.youtube.com/watch?v=XKc_38mYJi0&t=313s
From about 1m 40sec - "Rinky" whoever that may be, won Investor of the Week punting on PRD.
Well done that man (or lady).
Not forgetting remuneration at Ricca Resources...
Neil Herbert Non-Executive Deputy Chairman
Amanda Harsas - Finance Director and Company Secretary
Lennard Alexander Kolff Van Oosterwijk - Technical Director
Offshoot floated to concentrate on Gold assets within ex-Atlantic / Ironridge Group and then invested circa USD18.6 million to fund the progression of the Atex Lithium-Tantalum Project. Still can't trade the shares in Ricca.....
I guess the board are too busy counting their money....
I am a long-term holder but agree with swest42 and Guido_1, the directors are overpaid presenters at the moment. I would prefer remuneration linked to production targets, or a 50p shareprice, as opposed to anything else.
I would say that any policy like that would stop any further foreign investment in Ghana. Atlantic Lithium has taken on all the risk here and a few people who have seen the outcome are getting a little greedy.
If the Ghanaian people invest through their stock exchange - that is fine, they can reap the potential rewards like you and me. There is a reason why so many mining projects fail in Africa and it's not because of lack of mineral resource...
As of today, we are not drilling for gas and we are not testing for gas. In fact, we have packed up for a long Christmas break.
When we get back, we will start drilling for gas and testing for gas and might let you know what's happening sometime in January. Good luck all.
PRD are in desperate need of an Admin person. PG may be a very knowledgeable man in the geology field and in particular within the Morocco jurisdiction and LB may know about drilling in Morocco however they are making basic errors. PG is no doubt a stubborn man, he will never admit a mistake.
I also invest in ALL and their shareholder engagement is fantastic, they send out updates all the time, the difference between the two companies is stark. I have lost count of the number of times I have sent an email to Predator with no acknowledgement or response, it's just unprofessional.
I believe in the asset(s), I am not desperate for cash, so a delay of a couple of months doesn't impact me one way or another. But the Company doesn't help itself with basic errors and the inability to advise shareholders that timelines have slipped (as soon as they know). If you haven't started testing by a given date then advise accordingly.
It's basic administration, which if done properly avoids confusion, distrust and speculation.
These small amounts are perceived to be market maker trade signals. They are usually small multiple transactions less than £5/10 in value identical timings and often bot related. The belief is that common traders would not willfully pay commission on such small share amounts.
Has happened here before and accompanied a decent rise at the time. Of course, this is no guarantee of a similar outcome. But we live in hope...
Assore has submitted a lowball offer of 33p... The Atlantic Lithium Board have a duty to relay to shareholders any such offer, especially from a major shareholder (25.4% holding).
In my view, Atlantic were correct to reject the offer(s), Assore are no doubt taking advantage of a weak Atlantic Lithium share price which, in no way, reflects the true value of the Company.
There is so much potential here, it is unbelievable. With our plentiful lithium resource and low opex, lithium prices expected to rebound, plus being 12/18 months away from generating income, it would be foolish to accept such a derisory offer.
I hope that Piedmont come out and support Atlantic's decision. I wouldn't want to see them team up with Assore with their 9.34% holding to try and get Atlantic on the cheap.
Two and a half years ago I invested here in a long term holding (5 years) off the back of a). Vincent Mascolo's vision and b). a geologist I knew who'd been involved in Ghana, who advised that he'd never seen so much easily accessible lithium.
I for one, would rather see us get to production before considering any offers.
Whether or not we could survive a hostile bid is another matter.
Topped up with another 156k earlier - couldn't resist. The gas and oil will still be there (or not) depending on your belief or understanding of the data.
Couldn't resist at a price well below that of the last placing. As I'm a glass half full kind of person - I think it's a bargain!!!
absolutely cj1 - you can lead a horse to water but you can't stop it ****ing in it. it's a long-term hold for me too. i think someone will take us out now that the ml has been resolved, but it doesn't matter either way. all will make plenty of money even if the low lithium prices persist, after all we have one of the lowest opex cost base in the industry.