Member Info for GaiasKidney

Looking like recognition is dawning. As said the co has an expectation that over and above the small level of new issue for Aus a further ~175m shares will migrate over there.

Perhaps in short order too......... Mine won't be! :-))

GLHs

Slide 7

Expected that 35% of the issue will be traded on ASX post completion of listing there. With the new issue on ASX just some 23m it looks as though they are also expecting another ~175m shares to transfer over from AIM to ASX. A strong demand driver I would think.

Curious this appears to be unrecognised in this hemisphere presently. Sub 4 weeks to go.

I see the present suppression of the sp as due to a confluence of multiple factors. Two are prominent and one minor in driving sentiment creating 'risk off' behavior: 1/ prominent poor and deteriorating macro in the world, 2/ more so on AIM as macro for many a UK PI looks even worse - where an ASX listing will bring improvement. Also 3/ is a 'seller', be that real or perceived it's a negative.

But aisi there is a an at risk fundamental that with its risk quickly declining will soon override the developed shunning ALL sentiment - that is Peidmont's progress.

Rather than the usual difficulties that face developing non earning miners that only wosen in an economic downturn and an era of tightening money, Atlantic's flagship Ewoyaa is to an almost total extent only dependent for funding to production of its very high value product on the fortunes of .... Peidmont. ..... Which are now rapidly improving.

The funds are there at PLL for the Ewoyaa build out but not for the hydroxide plant that will take half the production. That plant I think will cost some 7x more. But the stronger Peidmont gets - and this is starting to happen - the more certain that funding for LHP-2 will become ahead. However IMO today it's this present uncertainty that is a contributing great suppressor of the ALL SP.

Change soon coming is that Peidmont is to get rapidly more valued because of the highly lucrative NAL deal with Sayona, the restart work looks to be well underway with production some six months off only. PLL pays $900 per tonne over the whole LoM for the spod they have priority to take, a massive discount to present pricing. As things are they will soon have cash reserves to cover LHP-2 and more. I can't see spod coming down much for many years ahead the way OEMs are now going to have to work with the up-chain huge commitments they are making, what looks like irrepressible EV demand and hugh fiscal incentives over the pond.

More out there are just starting to get this, eg

https://seekingalpha.com/article/4537130-piedmont-lithium-quebec-operations-hold-significant-overlooked-value

Hold fast.

Yes, waiting for this for a while.

Very positive for ALL. Previously stated plan by Peidmont is that LHP-2 will be fed solely with Ewoyaa spod. A PFS soon out to show an in place customer for half of production is on way to building the processing plant?...... Would be far better received.

Add in imminent ASX listing and I see some strong nearterm upside.

GLHs

Can the IRA's tax credits apply to Ewoyaa's spod?

They examine similar situations re cos with operations in countries that do not have FTAs with the US. Expectation is there will be new FTAs for particular critical minerals with supplying countries. Peidmont should get this moving.

22m15s in

https://youtu.be/ndFyeKUm9MI

https://hotcopper.com.au/asx/a11/discussion/

New

https://youtu.be/lhXVJP4DpJs

Well on the road but I expect TVL will leapfrog them from their owner being listed and the team having greater finance raising experience. We'll see.

Looks to me the common factor with the size of the Li stocks recoveries since the risk-off pullback is strongly correlated with where they are listed. Suggesting a very large part of the recent money coming into the big risers is short term speculative trading.

The value here remains. A gift presently for those position building. Perhaps not for the impatient.
+++++
On peidmont aisi it's pretty simple: higher PLL MCAP > easier to raise cash > quicker/more certain LHP2 build > quicker/more certain earnings for ALG and so Atlantic.

For information.
From the Propectus at the prospectus date DGR Global Limited held 41,831,953 ALL shares which is 7.09% of the company.

New shares start trading 8th September. AUS$4.5M being raised.

P21

"U.S.-Based Lithium Hydroxide Plant (LHP-2)—We are currently working toward concluding the site selection process for a projected 30,000 metric tons per year, lithium hydroxide plant referred to as LHP-2. We expect to announce the site selection in the third quarter of 2022. We have commenced front-end engineering design of the LHP-2 Project with an expected completion in early 2023, and we expect to publish a feasibility study before the end of 2022. Construction of the facility is expected to begin in the first half of 2023, subject to receipt of permits, with first production targeted for 2025. Under our current plans, we expect that LHP-2 will be the largest lithium hydroxide plant in North America and the first of its kind, using the innovative Metso:Outotec technology. Raw material supply for the conversion plant is expected to be sourced principally from the Company’s Ghanaian operations."

The price Peidmont pays ALG for the so far 150k/y of Eyowaa spodumene is based on the prevailing hydroxide price. All respected analysis points to that staying 50/60k+ out at least 5 years. Add AL's other half of Ey production going at 5k+ then the half of ALG earnings going to AL in sub 3 years makes the present sp look a joke.

DYR.

https://miningmagazine.com.au/lithium-sulphate-plant-announced-for-wa/

https://youtu.be/Ab4Agf8jtOU

They are so very keen on Atlantic.

https://www.thenorthernecho.co.uk/news/20613136.new-australian-site-will-feed-teesside-lithium-facility/

One of only a few risers today.

https://www.kitco.com/news/2022-08-09/Alkemy-to-build-Australia-s-first-lithium-sulphate-plant.html

Are you thinking of this?

https://www.ghanaweb.com/GhanaHomePage/business/Minerals-Income-Investment-Fund-to-invest-in-Lithium-and-Salt-1544900

If so I have no problem and would welcome the commitment.

If not then do tell. So much more straightforward than repeatedly waving around an unsubstantiated speculation.

Yes TVL creating their own new links in the lithium supply chain. LSM (lithium sulphate monohydrate) has about 4x the Li concentration of spodumene. Large carbon - and shipping - savings.

Importantly WA Pilbara has spodumene available today, the WA gov supports adding domestic links down the chain. It would be a wise move for the Aus hard rock miners to diversify their customer base above 1 of high-level political risk.

Risk again reduced here. Modelling of fundamental values little changed.

GLHs.

Passed the senate....... This is a full on game changer.

https://spongeshare.com/2022/08/04/alkemy-capital-pushing-ahead-with-world-class-lithium-hydroxide-processing-plant/

https://dd7pmep5szm19.cloudfront.net/2526/0001728205-22-000034.pdf

"In June 2022, we applied for a loan for our LHP-2 Project with the Department of Energy under the Advanced Technology Vehicle Manufacturing Program("ATVM”) Program"

Ewoyaa spodumene goes to LFP2. Level of certainly that Peidmont finance Ewoyaa has just been enhanced.