Member Info for EarEyeAm

Manx 71,

You could well be right 😁🥳

£1 per share would be £742.24m for Ewoyaa.

The Assore bid that was flatly rejected by Atlantic Lithium Directors was £222m.

I'd happily take a 60p offer which is £445.34m. Anything above that would be greatly appreciated though and, I wouldn't sell on the first bid I'd wait for the bid to complete, just in case competitive bids arrive, right up until the bid becomes final and binding.

Https://african-miningweek.com/news/executive-order-critical-minerals-opens-door-deeper-us-africa-trade

Google says:

As of early 2026, the Trump administration is actively pursuing strategies to secure critical mineral supply chains, including through partnerships in Africa to diversify away from reliance on China. While specific, public-facing deals for Ghana are less prominent than in the DRC or Zambia, Ghana’s significant deposits of lithium, manganese, and other battery-related materials fit the U.S. focus on building resilient, non-Chinese mineral supply chains.

U.S. Strategy: President Trump issued an executive order in January 2026 to negotiate with partners on sourcing processed critical minerals.

Ghana's Potential: Ghana is Africa's largest gold producer but has substantial untapped or developing resources of lithium, manganese, and bauxite, and recently discovered iron ore.

Strategic Interest: The U.S. goal is to secure raw materials and support local refining (beneficiation) to reduce dependence on foreign rivals.

This focus comes amid a broader push to increase American investment in African mineral, energy, and infrastructure sectors.

Please note the following, especially the terms "strike off action had been discontinued", "being held discretely without prejudice to any ongoing communication" and "publicly available"

17 December 2025

"The site inspection conducted on the 26th November 2026 was arranged as part of the Council’s ongoing planning enforcement investigation in order to confirm the current status of activities at the site. Officers were able to confirm that the wellsite remained suspended. Following this inspection, officers have remained in communication with the site operator, discussing the ongoing planning enforcement investigation. Any discussions on planning enforcement are being held discretely without prejudice to any ongoing communication on the determination of planning application Ref: RE18/02667/CON."

"On 3 December 2025, Horse Hill Developments Limited were issued with a First Gazette notice confirming that strike off action had been discontinued, and no further action would be taken. Consequently, the First Gazette notice issued on 2nd December is not considered by Officers to have a bearing on the viability of the submitted planning application"

Question: "Please could the committee confirm whether Horse Hill Developments Limited have now submitted the information requested as part of an updated Environmental Statement and if so when will this information become available to the public?"

"The information requested as part of an updated Environmental Statement has not been submitted although Officers remain in discussion with the applicant and expect the information to be submitted in the New Year. It is therefore too early to say when this information will be made publicly available."

https://mycouncil.surreycc.gov.uk/documents/s106315/Public%20Questions%20received%20-%204%20Questions.pdf

Highest Volume On The Market Today, Up 9.09%.

Volume, when combined with an increase or decrease in a share price, should be noted by investors, as it could point to an early opportunity to go with a developing trend.

1,051,184,052 shares traded today (as per ADVFN) is 3.61% of the 29.05b shares in issue, so certainly a meaningful amount. The highest number since 16 December 2025 when 1.3Bn were traded.

From ADVFN front page:

LSE Volume

Top Lists

EPIC Name Vol

UKOG Uk Oil & Gas...1Bn

ALBA Alba Mineral Reso... 989M

PREM Premier African M... 568M

AEG Active Energy... 431M

ROCK Rockfire Resources... 420M

80M 80 Mile... 351M

BUCE Buccaneer Energy... 196M

TRP Tower Resources... 176M

QHE Quantum Helium... 169M

One thing that gives me confidence that MSC will eventually get over the line, is that there's been no bad news RNS on a Friday after the close. So long as that continues, which has been the case ever since the Bipartite Agreements were being worked on, then I'll continue to believe a 'signed off' RNS will appear sometime.

With Trump wanting to get Battery metals and Rare Earths etc supplied outside of China, perhaps Ewoyaa with it's Ratification in the bag will see a bidding war between China and USA?

CATL versus Piedmont for example, but possibly USA government intervention involved like Greenland, a case of Trump saying "America must take control of Ewoyaa" and throwing money at it from the billions put aside for funding such endeavours.

China refines approximately 60% to 70% of the world's lithium, establishing a dominant position in the battery supply chain despite not being the top mining nation. Data from 2022–2024 shows China holding 68-72% of global lithium refining capacity and processing. This control is expected to remain above 80% through 2035.

Key Data on China's Lithium Refining:

Refining Share: IEA reports China refines 60-70% of lithium, while other sources indicate 68-70% or ~72% as of 2022.

Concentration Impact: Together with Chile and Argentina, the top three countries refine 95% of the world's lithium chemicals.

Mining vs. Refining: While Australia is the top miner (55%), China dominates the processing stage, processing around 67% of the global total.

Capacity Control: Chinese companies control a significant share of global lithium mining capacity (around 25%) and are expanding in the "Lithium Triangle".

Although China currently only ranks as the 4th largest lithium resource holder (approx. 10.8% of global reserves), its massive investment in processing infrastructure has made it the global hub for turning raw materials into battery-grade chemicals.

Google says:

Based on recent 2025-2026 data, China’s official and industry perspective on the price of lithium focuses on curbing extreme volatility, encouraging stable, "reasonable" pricing, and preventing "below-cost" price wars. As the dominant consumer and processor, China views lithium price stability as critical to maintaining its lead in electric vehicle (EV) and battery production.

Here is a breakdown of China's current opinion and actions regarding lithium prices:

1. Active Intervention to Curb Volatility

Regulatory Monitoring: Chinese regulators, particularly the Guangzhou Futures Exchange, actively monitor lithium futures and spot markets to manage "violent" price swings, having intervened multiple times since late 2025 to curb speculation.

Controlling "Involution": Beijing is actively discouraging "blind investment" and "low-price competition" (referred to as "involution" or excessive, destructive competition). Regulators have warned against selling below production costs.

Market Stabilization: The government favors a, more stable price environment that allows both upstream mining and downstream manufacturing to operate profitably.

2. Desire for Higher/Stable Prices (Moving Away from Lows)

Ending 2023-2024 Slump: Following a long period of depressed prices, industry leaders and regulators in 2025-2026 have favored a rise in prices.

Cost-Support Levels: Industry consensus in China suggested that price levels below RMB 60,000–80,000 per ton (especially for lepidolite, a key, higher-cost source in China) were unsustainable.

2026 Outlook: Leading Chinese producers (e.g., Ganfeng Lithium) have projected that strong demand, driven by energy storage (BESS) and electric vehicle growth, should sustain higher prices in the 150,000–200,000 yuan per ton range.

3. Strategic Motivations

Reducing Import Dependence: China is boosting domestic mining and recycling to reduce reliance on imports.

Export Policy Shift: In January 2026, China announced it would reduce and eventually eliminate value-added tax (VAT) export rebates on lithium-ion batteries. This move aims to curb overcapacity, favor higher-quality, higher-price products, and maintain control over the global battery supply chain.

Reserving Supply: The temporary suspension of large, higher-cost mining projects (like CATL’s in Jiangxi) was used to tighten supply and boost prices, indicating a willingness to manage supply to support price floors.

In Summary: China’s opinion on lithium prices in early 2026 is that the market is transitioning from a "downward, oversupplied, and chaotic" phase to a "managed, rational, and higher" price environment that supports long-term industry sustainability, rather than rapid, speculative, and unsustainable spikes.

I wouldn't be surprised if China wants to put a floor under the Spod price of $2,500, maybe even $3,000, so as to prevent underselling and another race to the bottom like the one the market has just recovered from.

"enforcement against below-cost selling"

No more of that nonsense says those in power, if you can't act responsibly you'll be hit with actions that give you a slap down.

Jackg123,

"investors and industry leaders"

So far this presentation hasn't created a rush of big investment into Quadrise stock, it was only yesterday though, so are they now doing research on Quadrise before making an investment decision ( to buy or not buy)? Are they now sitting back monitoring the Quadrise RNS waiting for the big news to buy in on? I guess we'll have to wait and see if anything comes of it.

Great news, news that will have but one effect on Lithium prices, make them increase further.

I see a few options for next week, same options for every week after that until we get an update:

1) MSC all signed off and now underway

2) MSC 'almost there', perhaps with some of the agreements signed off and only one or two remaining

3) A new shipping company signs up for trials, maybe Norden, MSC 'almost there'

4) Panama permits received (were expected by Christmas)

5) OCP trial date announced

6) Something out of the blue

7) No news

My opinion on MSC situation I already posted at https://www.lse.co.uk/ShareChat.html?ShareTicker=QED&share=Quadrise&thread=3536E63D-C884-40DC-86D0-69BC3C0C5167

Q: How do you know when Trump is lying?

A: When his lips are moving!

"Fact-checking Trump's Davos speech"

https://www.bbc.co.uk/news/articles/c301jgd1qj6o

Odododiodio!!

I saw that and instantly thought of Fred Flintstone 😂😂

"Odododiodio is one of the constituencies represented in the Parliament of Ghana."

https://en.wikipedia.org/wiki/Odododiodio

"a little more activity from Ghanaian government in next week or so"

There will definitely be something soon. The next sitting of Parliament is the Fourth Sitting, therefore an Agenda will be published ahead of that sitting. Keep an eye out for it and search it for 'ewoyaa' 'mining' 'lithium' and 'royalty'.

https://www.parliament.gh/docs?type=AG

Ratboy,

Below is something I posted recently. My timeline on a very conservative basis is by end of March, however, the Mining Sliding Scale Royalty Bill and Ewoyaa Agreement to be ratified are being run in parallel and, the Bill has less than 21 days to become law by default, the Ewoyaa Agreement can be Ratified immediately the Royalty becomes law. Alternatively and more likely I think is that both are discussed and voted on sooner, so that the people can hear both sides arguements and see that both pieces of legislation were voted through by a majority, not just left to go through by default.

------------

1) The Ghana Government created the new Mining Sliding Scale Royalty Bill for one reason only, the get the Ewoyaa Agreement Ratified. It has spilled over into other mining but that is just coincidental that whilst looking at the sliding scale for Ewoyaa the Government thought they could apply the Ewoyaa law to Gold etc.

2) The Ewoyaa Agreement to be ratified has been changed by agreement between Atlantic and Government to include the Mining Sliding Scale Royalty. This shows that everyone is on the same page, no disputes exist.

3) The Ewoyaa Agreement has been resubmitted to Parliament by the Majority Party, a party that hold two thirds of votes. This means that the Majority Party back the Ewoyaa Agreement and want it ratified.

4) The only thing that can stop the Mining Sliding Scale Royalty Bill from being passed, or the Ewoyaa Agreement from being ratified, is for the Minority Party to get two thirds of the votes to veto, and that is NEVER going to happen.

5) The current price for Spodumene means FFD is guaranteed.

6) All future forecasts of the Spodumene price by different analysts all over the world show prices that mean the mine WILL go ahead.

7) With ratification in the bag, offers for Atlantic Lithium could well appear very quickly, as Assore want Atlantic's share of Ewoyaa, multiple other companies especially Chinese would also be very interested in a ready to build Spodumene Mine that has every approval in the bag and is ready to start construction. Chinese Battery and Lithium companies that mine Spodumene/Lithium have had their mining production restricted within China, so the only way they can build production is to find sources outside of China and, it's not very often they could pick up a project that has an all in cost of just $610 per tonne, which they can if they buy out Atlantic Lithium. I doubt very much that we will need to wait for mine construction to get the big return on our investment, I believe we will get it with a buyout of Atlantic Lithium soon after Ratification.

Chart here! https://www.metal.com/Lithium/202311300003

Avg.:$2,275 +$65 (+2.94%)

Price Range paid: $2,150 - $2,400

Yesterday's price Range paid:2,090 - 2,330

So companies paid $60 more at the low end and $70 more at the high end.

Companies paid only $100 short of the magical $2,500 that gives Ghana a 10% Royalty.

Check out the chart. The last wave was just over $600 rise, if this wave goes the same then it'll hit about $2,600 before taking a breather.

Well spotted! Nothing started at the Madimba end yet but keep an eye on it as I'd expect them to start at both ends minimum and meet up in the middle.

Map is actually on here along with all the details. https://www.tpdc.co.tz/products/7