The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This is just the start...
S42, I agree to a certain extent. Macro economics are looking increasingly gloomy. However, you say people won't be buying any EV's. This is not too much of an issue for now as most EV manufacturers are already sold out for this year, plus, they are having to limit their production going forward because of scarcity of key minerals (most notably lithium) which really plays into our hands. I still maintain that #ALL is a relatively safe haven as an investment because of future lithium demand plus we are undoubtedly a takeover target.
PFS = Q3 (Q2)
Interesting tweet that Rodney Hooper has just put out re his old pal Stu Crow (Atlantic NED):
"The #lithium industry is going to be #ALL right! Great to see @CrowStu
in person again. We agree that M&A is on the way."
https://twitter.com/RodneyHooper13/status/1524733741477859329
It's not a matter if, but when Atlantic get taken out.
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.
and when will BHL get to production? A long time after #ALL and by then the lithium boat may have sailed. Plus, even after their recent fundraise BHL will need a lot more cash before they get close....Atlantic Lithium has a huge amount of cost effective resource and are in the right place at the right time. BHL is a gamble, ALL is not!!!!
No dilution just greater exposure to the Aussie market where the mining industry is perhaps appreciated more.
Paul tries so hard, he communicates well and he has skin in the game. The reason why the shareprice hasn't taken off is because imho:
a). shareholders have heard it all before
b). the company is thinly spread over too many projects
c). people know that more financing will be required
The hot money is heading towards companies that are already producing or in production. Keep saying we are going to spin this and that off as an IPO won't wash with the City I'm afraid. The Company should concentrate on the two or three most attractive projects.
https://www.bing.com/videos/search?q=Piedmont+Lithium&qft=+filterui%3avideoage-lt10080&view=detail&mid=EBFCEB2123115FABC03CEBFCEB2123115FABC03C&&FORM=VRDGAR&ru=%2Fvideos%2Fsearch%3F%26q%3DPiedmont%2BLithium%26qft%3D%2Bfilterui%3Avideoage-lt10080%26FORM%3DVRFLTR
Essential viewing for any potential or current Atlantic Lithium investor. This Near Term Producer conference video highlights the whole of Piedmont's operations and their focus going forward. There is plenty here about Atlantic and I love it at around 12.50 minutes where he says "Atlantic shareprice is up 150% since our investment, we think it's just the beginning...".
https://polaris.brighterir.com/public/predator_oil_and_gas/news/rns/story/xqongqr
No comment required. Ireland on the verge.
Vincent (RIP) thought they could target production by end 2023 but Keith Philips stated early 2024 in his most recent Piedmont presentation.
If you see how LKE and SLA have performed ahead of production you can appreciate that ALL has a long way to go.
I honestly don't think PLL will have enough money to take us out. We are far too big for them. An absolutely amazing resource update!
Yes, he'll be a wealthy man no matter what. For those waiting on Morocco, it must be comforting to know that Ireland will come good :-) as predicted here first.
Eeek I meant fast-tracking Atlantic - you get my drift....
Make no mistake, PLL are fast-tracking Piedmont. They are facing many regulatory hurdles in the States and Canada. Plus it will be cheaper to ship product from Ghana. A steady climb in shareprice is almost guaranteed, unless of course, there is a buyout which in turn will lead to a steep increase in shareprice....
Personally I would like to see a buy-in from a partner who will pay (say £20m) for an extensive drilling campaign in our acreage in Morocco. I would give them 50% of the spoils from MOU wells. After all, the remaining 50% of a lot of gas / oil would sill be a lot.
Another of my shareholdings (Atlantic Lithium) have done exactly that with one of their mines. In PRD's case It would bring forward production and allow the Company to drill other targets.
For those who don't have twitter:
We believe that project metrics will improve significantly beyond current defined mine life, we see further potential for substantial economic improvement due to recent increases in spodumene concentrate pricing which have far exceeded our initial SC6 price modelling parameters.
https://twitter.com/AtlanticLithium/status/1497134276743028743
I like it that the Company keeps up regular communication, no matter how obvious!!!