The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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.
Https://ghextractives.com/atlantic-lithium-granted-lease-to-mine-in-ghana/
Https://twitter.com/andy77_77/status/1715018961526444308
Looks signed to me. 2+2=4...
Anyone for a lunchtime RNS? We can't be far away...
Neil Herbert tweeted this morning that he would shortly be on a flight to Accra (today) and something along the lines that he looked forward to taking #ALL to the next stage of becoming a Lithium miner. Tweet has now been taken down. But I kind of like reading between the lines and reckon he is going out there for the signing of ML and a photoshoot with key Ghanaian dignitaries. Could be wrong....
My wife told me she'll slam my head on the computer keyboard if I don't get off the LSE.PRD share chat site.
I'm not too worried, I think she's jokinlkjhfakljn m,.nbziyoao78yv87dfaoyuofaytdf
From Investor Meet Presentation (live now). "Mining Lease approval is imminent - expected in the next couple of weeks, if not earlier".
Well called out Mrninjazx6. So Paul Griffiths should drop everything he's doing and write an RNS so MEM can sort out his trading strategy. As a long-termer also, I remember the ramping followed by the sells and then blatant de-ramping so he could get in lower. Shameful actions and someone not to be trusted.
Yes - my second largest holding behind PRD. Both Company's are well on the way to having a transformational September.
Good stuff Teddy, thanks for sharing. It will be an interesting month ahead.