RE: Painful negotiations continue?17 Jul 2025 18:24
To be fair the Minister was more sympathetic to our cause than I expected. I'm surprised Atlantic Lithium haven't directly informed shareholders about the viability issue. I agree that matters in Africa can move very quickly when they want to, but the opposite also applies. Say for example, if Atlantic hadn't complained about viability, the licence could have been rubber stamped and ratified yesterday. Everyone knows the price of a commodity fluctuates, it's just trying to plan your project at the right time. The lithium deposits are going nowhere, they will still be around when the the price is a lot higher than $675/t. Prices are forecasted to be over $1200/t in the next year or so due to supply shortage. I would rather Atlantic get on with it instead of fannying around trying to renegotiate what was a fair deal. You can't have your cake and eat it, or can you?