Member Info for GaiasKidney

What a difference a couple of days make. Reckon this is on a re-rate run now.

Hang in.

GLHs

Umm... North Mr Atherley?

That's v o x m a r k e t s

https://www.**********.co.uk/articles/neil-herbert-of-atlantic-lithium-this-is-the-most-exciting-project-i-ve-worked-on-in-25-years-in-the-mining-industry-154e89b/

Tnx Mike. DGR home page had no dates re holdings.

Looks like around 250k/d of selling then by them. Out by late q1 '23 at that rate!

Nice time to accumulate if one can.

ATB.

https://seekingalpha.com/article/4548821-lithium-miners-news-for-the-month-of-october-2022

DGR now at 7.35% down from 9.1% in 16 weeks. Approx 130k sold per day.

Av total daily buy/sell vol during that period is some 700k/700k. Additional 130k selling will have obvious impact.

https://www.dgrglobal.com.au/

Ah yes, lithium extraction from clay. Are there any cos anywhere commercially profiting with extraction from such deposits?

Of course BHL also has pegmatite tenements. Perhaps some value there? They don't seem to be doing much work on them though and mine permitting in USA still remains chronically slow. Ten years??

I bought BHL some 15 months back shortly after listing but could not see useful progress by 6 months in. Sold on rise over 14.

GL.

-Liberum highlights Sigma and Atlantic as the pick of the lithium companies-

"Part of the purpose of the exercise was to work out which lithium companies would be most robust in the event of a fall in the lithium price. After all, with spot running at around US$70,000 it hasn’t been hard to pick a lithium winner over the past year or two.

But if the price were to fall, Low reckons the wheat and the chaff would get sorted pretty quickly, and that Atlantic and Sigma both fall firmly into the ‘wheat’ category...."

13th Oct

https://www.proactiveinvestors.co.uk/companies/news/995356/broker-liberum-highlights-sigma-and-atlantic-as-the-pick-of-the-lithium-companies-995356.html

"Piedmont is earning a 50% interest in Atlantic Lithium’s spodumene projects in Ghana. This agreement includes an offtake agreement for 50% of annual production at MARKET PRICES [my caps] on a life-of-mine basis. Piedmont also owns a 9.4% equity interest in Atlantic Lithium.

Piedmont President and Chief Executive Officer Keith Phillips commented, “The drill results at Ewoyaa continue to be very impressive with high lithium grades over broad widths and near surface. We are working closely with our partners at Atlantic Lithium to publish a definitive feasibility study for the Ewoyaa project in the first half of 2023, and these final drill results are expected to lead to an extended mine life and even stronger economics for this world-class project. When fully operational, the Ewoyaa project will be a primary supplier of spodumene concentrate for lithium hydroxide conversion in Tennessee, and it is promising to see both projects progressing so favorably.” "

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2224-nasdaq/pll/129873-piedmont-lithium-partner-atlantic-lithium-confirms-high-grade-mineralization-completing-drilling-program-for-ghana-project.html

Looking better day by day.

Ha GR. I'll have a stab.

So from memory av 60kg LCE per EV. Account for processing wastage down the chain, say 80kg needed.

Ewoyaa production 250kt/y, that should produce around 40kt/y LCE as hydroxide. That's 1/2m EVs/y.

For a 12y RoM 6m EV cars total.

US total car sales is approx 15m per year. This year I think about 5% EV and rising fast.

Very rough calc!

Just did a sum using today's $5400/t average realised price for SC6 and Ewoyaa's production and costs from the PFS.

I'll hold.

CXO Such a chart. Up 2700% in 2 years.

Atlantic ~2 years behind Core on the development pathway.

Just sayin' ;-)

From this useful comparison list one can see the strong correlation in most cases between market value and performance so far this year. MC in the lithium space of course is pretty invariably related to how far away a co is from production.

Issue 80 here p7,8

https://www.rkequity.com/publications

In times of general fear (little helped by poor analysis from the likes of GS & MS - regardless that they are wrong they have large followings) it will always be 'bird-in-hand' thinking to the fore.

ALL is mid range and also getting hit despite being nearer to production in both decreasing risk and less time.

Screaming buy for the discerning.

And looking far more solid now 9b!

KP hinting here that with the grant Tennessee can advance some months and the certainty is even better. Priority is it will be fed principally from Ewoyaa.

https://www.bloomberg.com/news/audio/2022-10-21/balance-of-power-us-aims-to-boost-ev-supply-chain-radio

https://youtu.be/rAk3TS0GkZI

I have one in my back garden...... well on paper anyway...

Room for many. Perhaps it will need China to restrict Li/cathode exports to get the pencil necks to get their fingers from up!

Hi O&W

For interest I've modelled Alkemy retaining just 10% of TVL by plant producing phase one. Project expansion self financing after that. By phase 4 - 96kt/y and assuming then pricing of hydroxide and sc6 at 2/3rds present I see TVL val around $3 to 5bn.

Latest auction.

That's 7830 SC6!

Ewoyaa production 2024. Half that on the block.

"...that we are vulnerable to T/O."

Hi SW

I'm thinking more and more that presently (and probably all the way to the Peidmont build finance decision) Kolff has no interest at all in any T/O approach. I also think this is made unlikely by the structure of the shareholder base. AISI this will be far better in the long run for holders as this now has 10 to 20 bag written all over it on a 2 to 3 year time scale.

May explain recent dips though as those hoping for fast bucks from a potential offer are likely moving on.

Rewards for the patient.

ATB.

Latest RSC vid with Kolff informative on his thinking, he is growing well into the job.