Member Info for Grolly617

That still doesn’t mean it’s a done deal, still need to be cautious but the signs are obviously good

They could announce tomorrow it was a buyout from chevron at £5 a share and you’d still have something negative to say 🙄

Https://x.com/jalv_spodumene/status/1793517729556947040?s=46&t=ZqhPmi5ZRievRUdQcC2OxQ

It was slated it would take ‘several months’ from announcement on 6th March.

Https://x.com/rusi_org/status/1792511588085239906?s=46&t=ZqhPmi5ZRievRUdQcC2OxQ

Is the consolidation due to happen on or around the 22nd when the loan is deposited ?

Probably takes a bit of time to get through a broker, hopefully a few more buys tomorrow.

Ideal thanks, that makes sense. Cheers

I don’t understand where the shares are coming from ? If there’s to be no effect on London or Sydney they must be privately held ? From the board ?

I don’t know why you two waste your breath, nobody takes either of you seriously. I’d not even be too shocked to find out you were the same person.

Atlantic Lithium will not place or issue any new shares in connection to the GSE listing, nor will it impact its AIM and Sydney listings.

I take it we’re just hoping this greases the wheels and allows other procedures to take place ? Even when it lists in the next fortnight does anyone see a meaningful bump and if so why ?

I don’t think the consolidation will do too much to the price, you’re right though it’s a huge gamble. I do think it’ll continue to rise though. If and when the deal with chevron is signed we should get an increase, if and when there’s a deal for OFF3 there should be an increase, if anyone else finds oil in the region then that should of course be another increase in the price.

The risks are obviously an issue although the cash position is hopefully good enough and the board have vehemently denied that there’ll be one (all credibility lost if there’s another). As well as of course there could be no or only limited oil.

The risk and reward are both huge on this one.

I note that trading 212 has lifted the limit on the number of shares that can be owned, anyone else’s broker the same ?

Https://www.londonstockexchange.com/news-article/PNPL/corporate-update/16429335

C£1bn from a quick search

I see buy orders suspended on 212

As much as should never fall in love with a stock you should also never hate one so much that you’re blind to the positives, there’s people in both camps on this board.

Needs an awful lot to go right but 7.7p a share doesn’t seem totally outwith the realms of possibility

Https://cegplc.com/wp-content/uploads/2024/03/CEG-Uruguay-Deck-March-2024-FINAL60.pdf

A deal in principle for a farm in with the world’s 7th largest oil company is fantastic news, even you can’t believe what you’re saying as you deny that. I like most would have liked more movement or a hold on the SP at an increased amount, it may well come when the deal is formalised, of course I wish I’d sold at 0.280 but I’d have bought back in without doubt.