Member Info for Early_Bird

Barclays appointed to oversee the best deal for ATM.

Read the body language here: https://youtu.be/P_CLu8YXiSc?t=432

Surely not much longer to wait. Encouraging price action

Https://www.telegraph.co.uk/business/2024/03/10/british-battery-plants-cheap-power-china-dependence/

Wish this company would lean in to this environment to help this crazy low shareprice... number of updates overdue.

Resource update being the obvious one

Nice to see a little bit of traction in the SP.. within 10% of my average price now.. will be a lovely moment to be back in profit!

I think 20p is possible here this year. Key for me will be seeing the terms of this strategic process which has been 10months in the making and counting. One would have thought the price rises in both Tin and Lithium will increase the hastiness from the partner in closing a deal.

Remember they had 15 unsolicited approaches from nearly every continent on the planet... being funded to the tune of $30m to fully fund phase 1 production gives ATM a position of incredible strength to negotiate from

Theyre 9-12months old but still relevant and give a good idea of value on offer here.

We're now that much closer to strategic process concluding and mine production ramp up yet the SP is now lower.. what an opportunity.

LSE: https://www.youtube.com/watch?v=VYJNzC3lc-g

CRUX: https://www.youtube.com/watch?v=rdMHrmbATEg

Agree it's not like they can't afford it. They're throwing off another $10m profit per year from the last little move in gold price past week alone. $2m of that in to buying back shares from the loose holders would really squeeze the SP up here

It absolutely will get chased at some point. Most buyers on AIM rather chase when the SP moves and pay 30% higher than positon early and wait.

Can only be a good thing for MILA

Just a thought.

THX will be sitting on more cash than current Mcap at these gold prices...

Market can't ignore the cashflow forever ;) tick tock

Great Post.

Appears JWBellamy can't read as it's all explained. 3 year+ mine life at $100m per year net profit it's not rocket science. And that's assuming gold price stays here... all likelihood we could be looking at a much higher gold price and therefore cash build over 3 years

In all likelihood they'll be able to extend Segilola mine life

And that's ignoring their circa 2million ounce Douta asset...

Meanwhile gold price continues to smash all time highs..

I dont think you understand that net cash at the end of the existing mine life is 3x the current Mcap

There's 3 years left and they're drilling Q2 to extend the minelife further. Even with 3 years it's over $300m net cash build at these prices.

Nigeria is obviously a risk but not anymore than many African countries in reality. They've been operating remarkably well and the devaluation of the local currency is actually great for THX as it will mean AISC comes in even lower than forecasts.

Buff.ly/3T6EBpo

"@GanfengOfficial has agreed to invest US$70M for a 15% stake in the Pastos Grandes project." giving read across value of $400m for the project...

One day ATM will hopefully be on one of these headlines with a read across value of deal significantly higher than the current Mcap. 9months and counting,,,,

At some point THX has to break higher

*IS

Meanwhile ALK down 10%... it's painful

Yep market makers aren't allowing a market