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Excellent find PD101. It's a shame we don't have a decent business programmes here in the UK to highlight companies.
I love it that the minister is going to write to pension funds to encourage them to invest in Atlantic Lithium.
Investors have to understand that the Ghanaian government are solidly backing our Company. Even the opposition party have interests in Ewoyaa.
Aha - thanks Horult hopefully that solves it.
EarEyeAm,
Yes that is the case, lithium has a history of being both the best and worst performing industry metal.
Supply and demand, low prices say less than US$1,000/t mean that some lithium operations close down or future projects are put on the back-burner. Atlantic are fortunate that their AISC will be one of the lowest in their industry circa US$675/t and can comfortably operate profitably at US$1,000 levels.
If supply dries up and the price of lithium again rises then Atlantic will be even more profitable and dare I say it, even more of a take over target.
EarEyeAm,
Yes that is the case, lithium has a history of being both the best and worst performing industry metal.
Supply and demand, low prices say
EarEyeAm,
Sorry LSE is playing up this morning and truncating my response - see if this works.
Yes that is the case, lithium has a history of being both the best and worst performing industry metal.
Supply and demand, low prices say
EarEyeAm,
Yes that is the case, lithium has a history of being both the best and worst performing industry metal.
Supply and demand, low prices say
EarEyeAm,
Yes that is the case, lithium has a history of being both the best and worst performing industry metal.
Supply and demand, low prices say
Spodumene Concentrate (6%, CIF China)
Price: $1,143.00
1 day: $8.0 (0.7%) 📈
Let's hope those investment and pension funds pick up a few. Perhaps there will be a slight tick-up in price as there is no selling pressure originating from Ghana, just buying, as funds take up a position (if they fancy it). There aren't many stocks on the GSE and the exchange is comparatively young, but Atlantic Lithium will stand out as a premium stock.
Https://www.voxmarkets.co.uk/articles/q-a-with-atlantic-lithium-executive-chairman-neil-herbert-f5301b2/
More details about GSE listing from Neil.
Jimmy,
I don't believe that you are posting as someone else and think you have a lot to offer this board. You raise some interesting points and find it strange that some jump so readily to conspiracy theories. I'd rather listen to straight talking points of view and facts as opposed to riddles (which waste everyone's time). Keep up your posts even though I may disagree on occasion.
Good to hear that Len has been presented with an opportunity closer to home so he can spend more time with his young family. Also good to see Keith maturing into his role with a more comfortable performance.
Outline of timelines.
https://www.voxmarkets.co.uk/articles/q-a-with-atlantic-lithium-finance-director-amanda-harsas-1d42c77/
v o x m a r k e t s if the link fails.
Len has completed what he was originally tasked to do. He was the chief geologist and explorer. Because of Vincent's untimely death Len was promoted to interim CEO. The project has moved on to mine development and then production. The next phase (Operations) will be managed by Keith Muller who is CEO.
Len was a great asset to the Company, but the project is developing to areas outside his forte. I am sure he will do very well for himself going forward.
"Expected some time in May". From Investor meet Q&A
Well to be fair, she is the Finance Director and Company Secretary. In my view, she does a pretty good job in that respect and I would say that the Company communication via podcasts, various media platforms and "X" is far better than any other company I invest in. So whilst I agree that umms and aaars are a little off-putting, the end result is what matters most.
Https://www.youtube.com/watch?v=eXfoWbe6ZxA
Amanda advises at 13.28 on the Rock Stock interview.
To be fair, Malcy is a knowledgeable man in the oil and gas business. OK he maybe a mouthpiece and he is no doubt paid to interview companies when they have something to say. But, he was the person who alerted me to PRD in the first place and I was able to buy many shares at a price well south of todays.
Malcy to his credit tried to get some traction with PG last year in Morocco, but PG brushed him off in a rather terse manner which left a bitter taste after a few years of supporting (and promoting) Predator.
I still read Malcy's daily blog, it is quite useful for a general overview of oil exploration companies as long as you can read between the lines.
Sairfect - 100% agree. Been watching this for a while and suggest the mm's are building stock for the Ghanaian listing.
Had a fill or kill buy order in all day yesterday for 19.4p which wasn't filled. Bought 59k this morning at 19.325, but there's very little movement on bid/offer.
In Neil Herbert's RCTV Interview at Pre PDAC 2024, he stated that he expected Environmental Permit Approval and Parliament ratification to be completed by Q3/24. The Ghanaian Parliament will have plenty of time to discuss. Atlantic should break ground Q4/24.
PRD usually does well around this time as investors fill up their allocation for the current tax year and then invest their full £20k into the new tax year. Not a ramp - just an observation from past ISA deadlines.