Member Info for Chislehurst

Swest42 I agree, the Board have been suspiciously quiet. I cannot fathom out why they would accept such a low ball offer with Spodumene Concentrate 6% at $2,588. At this price the Ewoyaa mine is such a profitable project. From every angle it looks like a stitch up job, with the small shareholders being shafted.

"its surprising to see the absence from the routine interviews after these latest catalyst."

I should imagine they (the Board) are embarrassed to be seen after selling the Company and shafting the shareholders by accepting such a low-ball offer.

Why they did it, is anyone's guess.

Year after year of presentations, podcasts, interviews, telling us how big the Ewoyaa resource was, how low cost it was and why they rejected the 33p offers from Assore, then just waiting for ratification and it's all systems go. Now we hear of acceptance of this 18.8p takeover bid.

Something is not right here.

There's an easy 16% to be had here in 6 months. Will you do better elsewhere, possibly - maybe not.

Always the slight chance of a counter bid to add fuel to the fire.

Note, in March house broker Canaccord Genuity had a speculative buy target of 37p. Who on earth are advising the Board to accept such a low ball offer.

Fully accept that broker notes can be overly optimistic but even so, something stinks here.

Having turned down two bids of 30p pre-ratification the Board thinks it's a good idea to accept a bid of 18.86 post-ratification. The current Board members are out of their depth and Vincent must be turning in his grave.

After completely blowing Ricca Resources shares by giving away money to a mates ailing company, they now shaft their shareholders again. Total imbeciles.

Not fit for purpose. Vote against the deal.

I sincerely hope this is good news. As one of the original lse posters here on this share I have always had a sense of guilt that matters didn't quite materialise quite as expected and some investors may have been sucked in by my original posts and lost money. Appreciate that everyone is responsible for their own investment decisions but...

My enthusiasm for the stock came about when I met a geologist who had visited the Ewoyaa site to verify the lithium discovery. He could not contain his excitement about how big and how easily attainable the lithium deposit was, close to infrastructure etc... I was hooked.

What I hadn't envisaged was African politics and Board members who weren't quite up to scratch.

Nevertheless, we are where we are - and these are exciting times. I'm not trying to hook any new shareholders I just hope all long-term shareholders get out of this with a tidy profit. After watching years of Ghanaian Parliament pantomime - we deserve it.

As I see it, I can now buy below the placing price. Of course I would have liked to have been asked to participate in any raise but saying that I would be pretty peed off to see the share price below where it was offered.

Now at least I can breath easy that there will be no further funding required for a while. The share price should pick up off the back of T&T production progress and drill, plus there's a reasonable chance that PG will secure a buy-in for Morocco. He would look fairly foolish if no progress is made on that front.

All in all, I am (of course) disappointed in further dilution but it has allowed me to lower my average, and I still believe that the Company will offer a significant return going forward.

Https://www.youtube.com/watch?v=yVGUY3N-1H8

Not sure if this has been posted before but gives an overview of where we are. The higher lithium prices will help focus the minds of parliament.

I have been buying a few more this week (trying to bring my average down). I imagine ratification will see an immediate jump in share price to over 20p with much more to follow as development of mine commences.

Usual caveat - African politics

EEA

"If they say 12 months to build the mine then I believe they won't be far off, nowhere near as far off as you think. "

I hope you're right. We live in hope...

Oh and by the way that 85821 trade was a buy.

The irony of this sudden increase in lithium prices is; that due to the incompetence of those in charge (Ghanaian politicians and the Atlantic Board), both may not be able to take advantage of peak prices.

The time to build a mine and get it into production will be circa 18 months to two years. I know it says 9 to 12 months on the Company website, but who realistically believes that judging by previous bunglings. I sincerely hope that the Atlantic Board have already made their Final Investment Decision (FID), we don't need any more unnecessary delay. Appreciate that they are waiting for ratification but they must announce FID as soon as this hurdle is cleared.

How long will the lithium boom last? Supply and demand usually drives price. As the price rises so does the search for more resource, as more comes onstream the price falls. I estimate that lithium will keep rising this year and maybe some of next. The Ghanaian NDC party has another 3 years before elections, they need to see any benefits from the Ewoyaa soon if it is going to make any meaningful impact on the economy and their re-election chances.

I strongly believe ratification will happen soon and predict FID will be announced thereafter and Assore will make a third and successful bid for Atlantic. Hopefully we will all make some money.

Just my opinions - I wish all long term holders a successful outcome.

Strangely, this is the only time of year you get a true market. Heads of Trading desks are away and leave junior staff with implicit instructions along the lines of don't do anything unless there's an emergency. Small retail buying benefits AIM / Small Cap stocks in particular without market (makers) intervention, synthetic buying and selling etc.

PANR is undervalued - the oil / gas is there in abundance, it's just a matter of getting to it and finding necessary funding (which causes the risk factor to kick in). March / April will bring renewed optimism as operations restart.

Try not to worry about every slight tick up or down in the shareprice and avoid constant references to 10p today 1p tomorrow it's simply meaningless noise. Enjoy your New Year.

If I was on the board of Atlantic Lithium I would design a FAIR sliding scale for royalties that benefits both parties and present it to the mining committee. Then at least they will have something to work with and get the ball rolling.

Yesterday in parliament, one prominent NPP member was shouting "what is this sliding scale, what does it mean?", there are very low levels of intelligence at play. There are examples of sliding-scale royalties all over the mining / oil and gas world to use as an example.

Atlantic should get their lawyers to draft up such an agreement with suggested percentages for royalties at certain prices per tonne and let the committee discuss, i.e. do the work for them because there clearly is not the expertise in house.

Old 10% royalty agreement withdrawn and agreed by parliament. Committee to present new sliding scale for royalties (starting at 5%). They will be looking at sliding scale for royalties for all minerals incl. gold. No timescales given for new agreement.

Https://www.youtube.com/watch?v=9hYJdo-6L5E

Let's hope ratification does happen soon. There's too much at stake for Ghana's reputation for it not too happen.

The Company's balance sheet would have looked a lot healthier if it's offshoot Ricca hadn't blown US$18.6 million on Firering Strategic Minerals.

Perhaps they should send Amanda out to sell surplus Atlantic Lithium baseball caps at the local market. We need every penny...

Newsflow starting to gain momentum. Ratify by end of 2025.

https://www.youtube.com/watch?v=BnPf1IaPElo

Https://www.youtube.com/watch?v=vq4eRtwFjIc

A rather simplistic but interesting view of the Rare Earth trade war between the U.S. and China from Sky News. Decent output from Sky for a change.

Https://pensana.co.uk/wp-content/uploads/2025/09/Pensana-Corporate-Presentation-September-2025.pdf

Hi RamonM,

Yes, but not massively. It was just in passing a few times. The interview was more about what the new mining policies were about and why there was a need for change. I can't be specific about the time. I tend to leave these types of interview on in the background whilst doing other business as they can go on a bit...