RE: SP....10 May 2022 10:24
If a shareholder requires funds urgently to fund something then I fully understand the rationale for selling. But, I don't understand why anyone would sell out, simply to take minor profits here when the shareprice is almost guaranteed to be above £1 in 18 months time (and most probably, sooner than that and probably more than that).
Note:
- Lithium supply will not meet demand for years to come.
- Lithium demand (because of EV's) will be far higher than supply for the next 5 years
- Atlantic Lithium has no requirement for funding
- The Company already has a number of offers to buy the Company on the table
- They are on target to be a lithium producer by 2024
- They have one of the lowest CapEx ratios in the free world
- They have fantastic grades >6% spodumene concentrate
- They have significant exploration upside (hardly scratched the surface at Ewoyaa)
and finally all of their excellent financials have so far been based been based on a lithium SC6 figure of US$900/t when the figure is most certainly going to be revised upwards to above $2000/t going forward.
Because I don't need to sell, I wont be selling anytime soon, there is so much more to come from Atlantic Lithium.