Member Info for GaiasKidney

To 85.

There you go!

https://tradingeconomics.com/commodity/lithium

I'm hoping for the PFS to suggest a spod price from 2 to 2-1/2k. I think that would be seen as realistic but also a bit conservative. But more significant I hope for a higher RoM moving up to the 3mt/y range and hence get spod production well above that in the SS. May entail higher CAPEX of course.

Yes 9B, it's not a permanent dependency situation by any means, but it does extend to Peidmont's decision post the Ewoyaa DFS. .. Which they are financing at a date they decide on.

I'm not concerned about it, I think it's a good deal and with as you quote it will cost peidmont if they do end it. But it would I think also cost Atlantic SHs with having to then find finance.

I want it to work as is.

ATB.

It should also be noted that the prospective development to production is dependent solely on the decisions of another company who could decide to not prioritise the development at Ewoyaa. There is no evidence for this happening but if it were to happen there is also no evidence that Atlantic have a plan B.

The high price environment for spodumene and the quality of the asset would greatly ease any pain and I don't see any logic in Peidmont going slow.

Spread now normalised.

Onward!

Being worked this morning. £130k so far.

On a rosy future for Atlantic when noting how the themes are developing in the US.

EV projections are regularly being revised higher. Having to keep up with reality?

https://insideevs.com/news/606721/ev-adoption-above-expectations/

And that despite the positive provisions on shortening domestic mine permitting contained within the IRA there is still bound to be a lot of push back against projects from not just campaigners but also maybe at state level where in many aspects their law supercedes federal

https://www.reuters.com/business/autos-transportation/push-shorten-us-mine-permit-review-process-gains-steam-2022-09-01/

https://www.greencarcongress.com/2022/09/20220913-pyrg.html

This provides a very large advantage to those cos who are building the lithium train first steps down stream from the mine but also are already set up to source mine feedstock externally.........and those external miners who have these deals.

Moving this to 'finance agreed' status is going to be transformative. Six month?

On reflection I see this as longterm positive. For the US to have control-security with its planned decarbonizing future they need a huge amount of all the stages from mine to EV owned and constructed.

Peidmont as an independent first mover has a huge advantage here. With expanding their resource base further it will make their nascent empire all the stronger and more likely successful. That can only be good for Atlantic.

AIMO.

In the DRC. This looks to be the reason for the odd late sp drop here.

I very much doubt this will have any impact on the Ewoyaa timetable

https://mobile.twitter.com/search?q=%23LITHIUM

;-)

50p by w end?

TVL not TSL. Well all fine then . See what time brings.

With a little irony TSL's chosen site for their plant is not at the waterside, but instead some 1km inland within the Wilton complex. 96kt/y of hydroxide production would require some ~700kt/y of SC6 if spodumene was the planned feedstock. That would require a dedicated rail connection to portside.

Not shipping spod around the planet is far greener but perhaps that logistic cost was also colouring their decision to go with Li2SO4 as feedstock of choice.

Looks to have been a smart move then to to propose a near-to-mines sulphate plant since ...... umm....... no-one anywhere was offering that feedstock!
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Fair way to go yet for ALK but very high upside potential. Highly Speculative on Atherly team building and deal making skills and luck and obs snap up TO target at some point in this febrile atmosphere around the EV revolution.

Moores and Klein are on the Tesla hydroxide gulf plan today. Klein thinks it will be just 10 to 15kt/y.

For the US to free its self from China a good 10x that domestically based will be needed plus cathode/anode. Is there any?

I'm hoping Atlantic and Peidmont decide to refine spod at Ewoyaa to sulphate. Cuts shipping waste, less pressure on local logistics and far easier to get product inland to Etowah.

Which ever there is huge upside ahead here.

Ahead of Atlantic

https://www.proactiveinvestors.com/companies/news/991160/core-lithium-extends-offtake-term-sheet-with-tesla-991160.html#

There'll be no shortage of US spod buyers though!

AISI the primary driver for any future TO interest in a producing or near producing Atlantic will be driven by the strength of US take-up of EVs and the way pricing of battery grade lithium and with it spodumene holds up.

US cos are far more active re M&A and I anticipate recession will be less severe there and future growth higher. Also policy eg the IRA will strongly drive the changeover ahead away from ICEs.

I can't see any way now that lithium will not be in strong demand for at least the next 2 decades.

Ahh O&W, a timely reminder of the 'Great educator' that was Fraser's baby! One can research to death.... but still never learn enough. Skin-of-teeth experience that one ;-)

Here, obs yes ALL are very tied to Piedmont's success with there journey. Good or ill?

Well their deal with Sayona NAL will soon provide a huge stockpile of now very high value feedstock, a hydroxide plant is to be built - site selected. This is flagged to take Ewoyaa spod production. PLL looks also to be on a strong uptrend. The IRA has 300bn+ to throw around. Finding Ewoyaa's capex is a small chunk in a big plan that will pay out very well.

I expect that costing in the SS to be higher with an expanded RoM and maybe additional on site down stream processing to sulphate/phosphate? It's a trend developing.

We'll see

ATB.

Nice and steady uptrend bedding in.

There are more milestones to pass on Ewoyaa's journey to production , but they are visible, there is a strong wind pushing and a smooth clear road ahead.

Take 3 very similar cos around one or two years ahead on the path: Sigma, Core , Sayona. Not yet producing, all around $1.5bn MC .

Atlantic.... 300m.

Would it be fair to conjecture that in a year or so and with these milestones passed this should be pushing £2?

From prospectus - lest there be confusion:

"10.5 Piedmont Agreement

On 1 July 2021, the Company entered into an arrangement with Piedmont Lithium Inc. (Piedmont) and Piedmont Lithium Ghana Holdings Inc (PLG) to fund and fast track the Ewoyaa Lithium Project to production (Piedmont Agreement).
Piedmont is a NASDAQ-listed lithium exploration and development company which supplies US markets with raw materials and minerals required for the production of electric vehicles and other industrial operations. PLG is Piedmont’s wholly owned subsidiary.
The Ewoyaa Lithium Project is part of the Company’s Ghanaian Cape Coast Lithium Portfolio. The tenements comprising the Cape Coast Lithium Portfolio are owned by the CCLP Subsidiaries, which are wholly owned subsidiaries of the Company.
Under the arrangement, PLG has agreed to provide funding for the Ewoyaa Lithium Project in consideration for acquiring up to 50% of the issued capital in the CCLP Subsidiaries. This funding will occur across multiple stages, as described below, and Piedmont has unconditionally and irrevocably guaranteed PLG’s performance of these funding arrangements."

https://www.proactiveinvestors.co.uk/companies/news/992161/atlantic-lithium-successfully-closes-dual-listing-offer-in-australia-992161.html