Member Info for EarEyeAm

... unless the offer is high enough that it covers the optimizations that is.

It's now 5 days since Ratification was announced, 7 days on Friday.

I'm thinking the first bid could come as early as next week, allowing time for Lawyers to draft an official offer.

I doubt anyone would wait for the optimization RNS as they would get that info in a reply from Atlantic Lithium once their offer is received and due diligence done, a case of "your offer is X based on DFS but our optimisation increases the DFS ROI and IRR to Y so please consider this in a revised offer".

A other tick up, 15.4p now

There's been a few buys of 500,000 in the last 3 days, two more today, going for £10,000 blocks and taking the odd number of shares rather than taking 500,000 shares, the kind of thing I'd expect from someone looking at buying a load more and then rounding up at the end, have to wait and see on that though, keep an eye on the trades. It looks like another one on the ADVFN chart from earlier that's not been reported yet, slightly more shares, so 3 today I believe, one to be reported later as Delayed Reporting.

25-Mar-26 08:48:45 1.9512 512,505 Buy* 10,000 O

25-Mar-26 08:40:50 1.9512 512,505 Buy* 10,000 O

Thanks Gr1bbler, it's all building up in the background. Bring on the IMC meeting so we can get more insight and clarity on how they plan to get MSAR rolled out.

All I can see on the satellite view is cloud. All I can see on the weather forecast is rain. No surprise there really, as the rainy season runs from March to May. And as I said before, they'll have to down tools and ride it out, but that isn't a delay to the July timeline, the downtime is scheduled in, so sit back and relax, it's all about July not March.

https://www.ventusky.com/precipitation-map/3-hours#p=-11.25;39.62;6&w=0AAAtiPOA

Major-Tom,

Welcome back.

I can't see any way Atlantic Lithium doesn't get bought out now, big payoff for us, 50p plus for Ewoyaa and the more I look at the other Licenses the more I see that getting higher and higher. I'd actually prefer to take 50p for Ewoyaa and keep the other licenses, create 3 or 4 other mines to sell off, each time shareholders get a windfall dividend.

Asian and Pacific markets closed well up, Oil dropped back to $95. There's light at the end of the tunnel.

What are the main headlines?

Negotiations: An Iranian source told CNN that Tehran is willing to listen to “sustainable” proposals to end the war. For now, a meeting between the US and Iran in Islamabad later this week remains a possibility, but many are skeptical it will happen, sources said.

At the table: Iranian representatives have let the Trump administration know Iran does not want to re-enter negotiations with special envoy Steve Witkoff and Trump’s son-in-law Jared Kushner, according to two regional sources, who said Tehran would prefer to engage with the vice president.

Crossing the strait: Iran will “absolutely” keep charging countries and vessels a fee for safe passage through the Strait of Hormuz, an Iranian foreign ministry spokesperson said in an interview with India Today. He said states that have “nothing to do with this act of aggression” may pass through the vital waterway after “coordination with Iranian authorities.”

Philippine emergency : The Philippines has declared a state of national emergency due to the Iran war. The leader of the country, a US ally, warned there was an “imminent danger” to the “availability and stability of the country’s energy supply.” Meanwhile, the effective closure of the strait is “economic terrorism against every nation,” said Sultan Ahmed Al Jaber, CEO of the Abu Dhabi National Oil Company.

https://www.cnn.com/2026/03/24/middleeast/us-israel-iran-middle-east-war-day-26-what-we-know-intl-hnk

As I said a couple of days ago, de-escalation is still de-escalation no matter how it's packaged up.

"European markets set for higher open as U.S. seeks end to Iran conflict"

https://www.cnbc.com/2026/03/25/europan-markets-stoxx-600-ftse-dax-cac-iran-news-oil-prices.html

Elevra, Ewoyaa:

19 Feb Conference Presentation - February/March 2026

Presentations

Page 15 "Secure non-dilutive project financing to reduce partner equity requirements"

Page 17 "Subject to FID, the first US$70MM to be funded by Elevra and remainder to be funded based on project ownership (~47% Elevra)." "Funding options determined following completion of re-negotiation of financial terms"

https://api.investi.com.au/api/announcements/elv/3d9f6943-13f.pdf

If they want non -dilutive project financing then maybe US Government critical minerals funding, or some 'project finance' aka debt that's paid back over the life of the mine, maybe 10 years as it could start ramping down around then

Stupid profanity filter, you can't name P a k I s t a n without it starring out half of the name of a country, that word should be in the whitelist!

"speculation has mounted that ****stan could emerge as a mediator following an offer from its prime minister to host us-iran talks"

"iran's foreign ministry, however, acknowledged that messages had been relayed by "friendly countries" indicating a "us request for negotiations.""

"****stani prime minister shehbaz sharif said on tuesday that he had spoken with iranian president masoud pezeshkian, promising islamabad's help to bring peace to the region."

"should the two sides agree, "****stan stands ready and honored to be the host to facilitate meaningful and conclusive talks for a comprehensive settlement," sharif wrote on x."

https://www.lemonde.fr/en/international/article/2026/03/24/trump-insists-talks-happening-right-now-as-iran-israel-trade-strikes_6751787_4.html

I'd describe this article as big news for Bidders:

https://www.mining.com/web/battery-metal-curbs-sting-chinese-miners-who-spent-big-in-africa/

Here we have a ready to build Lithium Mine where no restriction on exports for in-country Refining is likely in the short to medium term. To build a Lithium Refinery is going to cost $500m and require twice the output of Ewoyaa to make it viable, so loads more Lithium needs to be discovered and quickly, before Ewoyaa runs out in 12 years time, or a Refinery is never going to pass it's scoping study let alone FID.

Bidders can grab 40% of Ewoyaa output plus profit margin on 100% of sales.

Ghana is a stable country that encourages Mining by foreign countries.

Bidders should form an orderly queue sharpish.

The broker was candid about the scale of the prize. MSC consumes close to 10 million tonnes of fuel oil annually, and Shore estimates Quadrise could charge around $50 per tonne for its technology, suggesting substantial high-margin revenue potential even if only a small fraction of that demand is converted.

On the MSC trial, Shore noted good progress on preparatory work with Cargill, including sustainability certification for bioMSAR, customs and VAT resolution, and the establishment of a Belgian subsidiary, with equipment ready to be installed at the Antwerp terminal once trilateral agreements are signed.

Shore also highlighted progress in Morocco, Central America and Utah, where the Valkor oil-sands pilot plant is expected to become operational in the fourth quarter of 2026.

The CEO of VSA Capital has commented on the interims post: "Good progress being made and just a matter of time".

I get the feeling from Peter's interview that this time it'll be a very short time, as there's only a few tiny tick to put in boxes!

There's my buy reported.

Price 2.057

Size 250000

Type O

Time 12:07:21

Probably just one body behind all these logins anyway, hence why they turn up as a pack and disappear as a pack.

AKHM,

As the OCP trial is now moving to a site that doesn't need OEM sign off, that means it can go ahead unimpeded. This also means that the Mediterranean Refinery will need to be in place to supply the fuel, so a Refinery announcement alongside that trial too.

Another 250,000 for me at 2.05p, that's 2 x 250k bought today, another million to add to the millions I've already got.

Can't say I don't back my own belief that the MSC trial WILL go ahead.

Don't miss the interview from yesterday, definitely worth the few minutes of your time. I had my 3rd listen this morning.

Https://www.proactiveinvestors.co.uk/companies/news/1089329/quadrise-ceo-on-h1-progress-msc-trial-progress-market-outlook-1089329.html