Member Info for Genghis15

Tend 2 agree, but...the SP imho is being punished not by evil MMs but by the prospect of higher interest rates impacting borrowing costs (sectoral, even tho SUPR's are fixed for a couple years), and the inpact ohigher rates on asset values., which id real across all asset classes.

I'm v tempted to re enter at these levels...but its always tough to call the bottom!

GG
Yes, but not the point in the short term. The problem for ALL now is that unceainty on the terms of the MIIF deal and Ghana float will weigh on the SP, and the weaker the SP the more of the company (or, mb, the project, it's not 100% clear) will be taken by MIIF oand/or other Ghanaian interests. It is a potential self reinforcing spiral, which is why the co has been working so hard to build the SP in recent months. MIIF going public has not helped, imv.

Even a large dilution should leave a good return for s/holders here, but imho the risk/reward of holding here atm favours sitting it out until there is clarity.

Jimho, other views are available!

Notsosure The word you want is "moot", but your point is misplaced. The Q is not"where else would ALL get the funding", it is ..how big a discount will MIIf get, given it represents the sovereign state which OWNs the whole country?

Chislehurst " They will not get discounted shares." Really? the market seems to disagree, see above.

mr008
"investors should note that MIIF's US$30 million is not invested in Atlantic Lithium Ltd, nor is it used to subscribe for shares in Atlantic Lithium Ltd, but to invest in the Ewoyaa project." really/ Where do you get that? Neither the MIIF article nor ALL RNS state that, in fact both refer to "investment in the company", and foretell a flotation on the Accra stock exchange at which "all Ghanaians will get a chance toi invest".

That raises LOTS of questions. How much will be raised, how much from MIIF and how much for "all Ghanaians"? Then there is the inescapable fact that while Ghana is a relatively well run African state, it's still not a Tier 1 jurisdiction, so one has to suspect that "all Ghanaians" may not mean quite what it says.

O&W
Seems a well chosen handle. I am, I think, on the same page.

"that's over and done with now"

For how long?

" Mkango is continuing to advance discussions with potential lenders and strategic investors " = "We haven't got funding sorted yet"

Quite. And post Sonora buy in, it goes over £1. Great positioning by TRR>

Certainly the director buys show cnfidence ; and I'm sure they ad no raise in mind then...and quiye possibly still don't!

I'm not saying they will, just that I wouldn't rule it out if the opportunities are there, which they have indicated they are. Bear in mind the monies raised so far from divestments will be needed to cover the Sonora royalty. But please don;t think I'm saying "theres gonna be a raise", cos that's NOT my core message. And even if one happens, it might not be at a discount.... good companies can raise at par and better on occasion.

Pedro, absent a financial or geopolitical shock, I think the days of any serious weakness mb behind us here. One never knows, but with Sonora and Thacker moving up the value curve, and LiC pricing staying strong., I'd be surprised to see sub 50p again.

My only caveat is that with the talk of more "opportunities" being examined, TRR might raise more capital, . But even if that were to happen, and it dampened the SP a tad, I'm more than happy with the TRR approach, and confident they will deploy capital wisely.

Spot on again, carcosa. I too have been here well over a year.

Smart (ish?)Punter, just listen to their latest interview to see how they approach royalties, crystallising value, and recycling cash into new opportunities. You are wrong on so many levels here ; offtakes, for instance, are at market rates, not mates rates, but the big boys will ALWAYS get a discount bcos of financial strength, reliability, LT contracts, etc.

I hesitate to play the man, not the ball, and was fighting the urge to mention Dunning Kruger ; but i see carcosa has done it for me. Seriously, you are really out of your depth here on the basis of your posts.

I tend to agree. At least tho, at the last webinar, they laid out how their loans are fixed and unaffected till (I think) 2026 by interest rates . But dyor to confirm.

Very well put, Carcosa61.

Mb they will and mb they won't. The royalty is oc predicated on the future lithium price, which is uncertain, and demand, where it is by no means certain that technology could chage.

The Bod have shown themselves adept, imv, in acquiring rights at the right time, and disposing of same when they judge that cash can be better recycled into new opportunities. We will see what happens, either way I'm content.

Ok, not yet.....will TRR sell it, or retain it?

We seem to have smart management here, I trust them to do the r/r assessment better than me, but my guess is they will be looking at the optimum time for a disposal, mb around first production.

Thanks

Dubious, r u able to paste the relevant pra? Bloom is sub only. Thanks

Opulentia

First you rubbish Broadford's perfectly balanced factual post as deramping, then you want the co whose first duty is to its shareholders to give away $100m.
I suggest FB is the place for you, not an investment bb.

And out at 102p.
This was previously a LTH for me. and could be again, but a quick 1 day profit was just too tempting!

Jumped in at 96.25 yesterday. Hopefully caught the low!

Shark, yes, good points. It's a bit well, irritating to see snouts going in the trough given the pretty eye watering salaries and option package already in place. options are fine, but on top of $400k pa is nice work indeed.
60p is 50% vabove current sp, but doesn't look as demanding as it could be given the potential touted by the co.

But it's kinda normal, not just on AIM, but all early stage miners/oilers, and to some extent, I suppose, just capitalism at work.

just DD. Tells you nothing.

V interesting, thanks for your posts.

good to see some knowledgeable level headed posts amongst some of the more exciteable chatter on here.