Member Info for EarEyeAm

SharketMare,

It's you that's talking nonsense, clueless nonsense at that. Not even worth wasting my time dissecting your failed logic, sticking you on filter instead, BYE!!

Stick the easy money where the Sun don't shine.

Hold the stock for the takeover bid, 50p+, simple, no need to watch the share price, no need to try and trade it when you don't know if you'll lose out because the takeover news lands on ASX overnight. I'm not selling any of these and I have a lot of them.

There is no way on Earth that Atlantic Lithium would appoint Lawyers for a low ball offer. We all know how much Lawyers cost, a fortune, money that Atlantic Lithium would not waste discussing a low ball offer that was the same £222m they flatly rejected 2 years before. The only thing that warrants Atlantic Lithium paying Lawyers is if the offer was 40p+.

"The Atlantic Lithium Board appointed Canaccord Genuity and HopgoodGanim Lawyers to assist it with its assessment of the Proposal and entered into exclusive discussions and provided due diligence to the potential suitor (being an entity not otherwise associated with Atlantic Lithium), in relation to the Proposal."

Trades history:

Today - 184 so far - 3.25m

10/4 - 111 - 2.2m

9/4 - 154 - 2.3m

8/4 - 189 - 2.4m

7/4 - 205 - 4.2m

2/4 - 106 - 2.2m

1/1 - 142 - 1.6m

Manx71,

Not a chance. By flatly rejecting the offers of £222m (30pps now) the board made it absolutely clear in 2023 that they would not enter discussions on any low ball offer. There's no way they would then go into discussions for a low ball offer 2 years later with the project worth far more.

Below 40p is not something the board would enter discussions for.

40p is not worth putting to shareholders because the board say the company is worth more.

40p is a starting point for discussions, it's not a low ball offer but at the same time it's not high enough to put to shareholders, that is the reason they go into discussions, so that the company can advise the bidder of their valuation and hope that the bidder raises their offer closer to that valuation.

Something else I just noticed on the chart, the two previous rises were at the same time of year as now.

OldWiseBull007, correct!

Manx71, zero chance it was 30p, that would have been around the same £222m previously flatly rejected. It must have been significantly higher than that for ALL to go into discussions instead of flatly rejecting it like the previous similar offers. Above 40p is my thinking, enough to get into talks to try and get it higher but ultimately at least 10p short of what the board would accept as a minimum for the company. As they said, it was almost enough to buy Ewoyaa of us but didn't cover the value of the other licenses or Cote D'Ivore, so you have to think about how much Ewoyaa on it's own is worth, 40p would get you into talks but 30p would be flatly rejected, again.

I just had a look at the long term chart and here is how it looks if either of the previous rises are repeated (as you can see by the arrows that copied them to now).

https://ibb.co/XZ7sYn6R

With Ratification and a ready to build mine, plus potential takeover bidders lurking, the stock is certainly in it's best ever shape to repeat those previous rises.

Fitzy66,

Yes, 163 trades now, with half a day to go.

6,201,593 trades at the ASK price

1,633,611 trades at the BID price

366,162 trades around the MID price but most of those were buys if you look at the advertised BID/ASK at the time of the trade.

Max19,

Good to hear you did well there!

One thing we know about this company is that if there is a takeover discussion taking place, there's a high chance it will eventually be leaked in Australia as per the last offer.

"The Atlantic Board appointed Canaccord Genuity and HopgoodGanim Lawyers to assist it with its assessment of a Transaction and granted exclusivity for those discussions on 23 January 2026."

The info leaked, causing a spike on ASX on 19 February, almost a month later and 3 days before the exclusivity period was to finish.

I keep an eye on the ASX just in case this happens again.

The fact it was leaked in Australia, traders bought the price up on ASX, but nothing was heard in the UK until the trading halt on ASX, tells me we aren't going to get a leak here, it'll be in Australia if it happens.

I am also with you on the valuation, we were offered £222m in late 2023, prior to MRE upgrade, prior to Ratification, prior to Cote D'Ivore exploration results, prior to Ghana Pensions buying in with big money. We should be much higher than that £222m, that's what the board are telling the market by flatly rejecting that offer and rejecting the recent offer that was higher than that.

Not sure if anyone else noticed it, but one of the gainers today has had a takeover on the cards since it was about 5p per share, today it hit 50p per share, the price only started going up at the start of January and it's now a 10 bagger. As far as I can see they've not even had a firm offer yet, that is all on speculation.

Any sniff of another offer here, or another leaked rumour like the last one in Australia, it'll really lift off. Unlikely to 10 bag but would definitely multiply.

I'm being quoted 15.5682p to sell 10,000 and 15.865p to buy 10,000.

I can also get a live quote (NOT negotiated trade) to sell up to 450,000 shares, so there is definitely demand for that many shares in one chunk there in the background. Obviously I didn't accept the quote, quote me 50p+ and maybe I will.

AKHM,

As you say, the number of trades has stepped up, we are already at the number of trades for the whole of last Friday, and well above the days prior to that. Not loads of bed and ISA trades either.

Trades history:

Today - 143 so far

10/4 - 144

9/4 - 52

8/4 - 63

7/4 - 99

2/4 - 56

1/4 - 43

AKHM,

Some decent sized trades there too, 750,000 share buy isn't beer money.

3.446p just paid, going up again 😎

You can tell how desperate someone is to get back in cheaper by the way they ramp up their negative BS posts and persistently post negative spin.

Atlantic Lithium flatly rejected £222m for the company twice at the end of 2023, wouldn't even get into discussions for such a low ball offer.

Therefore the offer this year must have been considerably higher than £222m, because it wasn't flatly rejected, it was high enough to get the bidder into discussions.

The current market capitalisation is £112.54m, so clearly this should be at least double the price right now and yet it would still be considered as very undervalued by the directors because that's how much they flatly rejected in late 2023.

I can't see the board recommending any offer that's less than 50p per share.

I also believe we will have offer(s) announced very soon, possibly even tomorrow or sometime next week.

The instant an offer is announced, the share price will be moved to that price, so zero chance of getting in quick, especially as it would 99.99% be announced on ASX overnight, with the price here opening at the offer price. Atlantic Lithium is an Australian company, the ASX is it's primary listing, the staff mostly work Sydney hours.

I'm not selling a single share because the takeover potential here is extremely good, the best of any of the stocks I've held in the last 10 years.

More of BESS booming!

"Chinese energy storage manufacturers are experiencing a surge in overseas orders and accelerating their factory expansions to capture growing international demand."

https://www.businesstimes.com.sg/international/global/chinese-energy-storage-firms-push-harder-overseas-orders-boom

A lot of Lithium batteries being installed.

https://www.pv-magazine.com/2026/04/09/australia-rooftop-pv-hits-record-as-battery-rush-accelerates/

As it looks certain that MSAR is being positioned for rollout as quickly as possible after it's short Proof of Concept trial, I thought it would be worthwhile looking at how big the market if just for the RT-Flex engine that the Interim LONO covers. On the IMC meeting, Jason said that Wartsila were looking at expanding the LONO to other engines, I take it they will all still be RT-Flex though from what Jason said about the fuelling system on that type of engine.

For MSC there's 6 initial Leandra V sister vessels: MAERSK BALTIMORE, MAERSK BOSTON, MAERSK BROWNSVILLE, MSC BREMERHAVEN, MSC INIYA V, MSC RITA V

After that it gets very interesting and this is where I think MSC are looking with the need for Singapore supply:

Wärtsilä achieved the milestone of 1,000 orders for its electronically controlled, common-rail RT-flex low-speed 2-stroke engines in August 2012, just 11 years after their 2001 introduction. The 1,000th order was for a 7-cylinder RT-flex82T version B engine, destined for a VLCC tanker and built by licensee Diesel United Ltd in Japan

https://www.wartsila.com/media/news/01-11-2012-wartsila-rt-flex-low-speed-engines-achieve-1000-orders-milestone

We are now 14 years ahead of that, so likely another 1000 added and delivered by now. Plus, there are numerous other companies making identical RT-Flex engines under license.

RT-Flex engine technology (formerly Sulzer, now under Winterthur Gas & Diesel - WinGD) is licensed to several major shipbuilding and engineering manufacturers globally, particularly in East Asia. Key manufacturers include:

Hyundai Heavy Industries Co., Ltd. (HHI-EMD): Based in South Korea, a major manufacturer producing a wide range of RT-flex engines.

CSSC Marine Service Co. Ltd. (CMS): Part of China State Shipbuilding Corporation, involved in manufacturing and service.

Hudong Heavy Machinery Co., Ltd. (HHM): A Shanghai-based licensee under the CSSC group.

Diesel United Ltd. (DU): Based in Japan, known for producing Sulzer RT-flex engines.

Qingdao Qiyao Wartsila MHI Linshan Marine Diesel (QMD): A Chinese joint venture licensed for RT-flex engines.

Yichang Marine Diesel Engine Co., Ltd. (YMD): Part of China Shipbuilding Industry Corporation.

Zhuhai Yuchai Marine Power: A licensed manufacturer in China.

Doosan Engine Co., Ltd.: A major Korean manufacturer.

Mitsui E&S Diesel United: Listed as a manufacturer under WinGD.

Vinashin (Vietnam Shipbuilding Industry Corporation): Licensed to build Wärtsilä low-speed engines, including RT-flex designs

The RT-Flex engines were originally developed by Wärtsilä, but are now managed by WinGD (Winterthur Gas & Diesel), which is 100% owned by CSSC.

Wasn't the 16p in the weeks right before the ICC-2 decision? So the market was pricing in the win of $130m which it didn't get because of the biased decision, hence the price drop on that decision. ICC-2 Annulment is good because it shores up ZEN's credibility on that case and the ICSID case, it restores confidence in ZEN's legal position that was lost when the decision went against them.

Right now I'd say the market is just pricing in the possibility of early settlement prior to the hearing on 20th, based on Charles Michel and Julie Spinelli being added to the legal team, his connections with the Tunisian Government could be seen as a way for someone to talk sense into them, or scare the crap out of them, either way leading to early settlement, but with only 11 days to go it's really getting to squeaky bum time.

Solar might be priced in now or soon but I don't think the market is specifically pricing in the Solar, it didn't do that when the Solar RNS's were released, to me it's just gambling on an early settlement before 20th April, if no settlement then any short term traders will disappear as fast as they arrived.