focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
"As an investment target for MIIF, Ewoyaa offers comfort"
The only way you could describe their investment as comfortable is once the DFS and ML are in place, so I wouldn't hold your breath expecting it to be announced until at least June. Not that the announcement matters, as the MIIF investment going to happen because the DFS is definitely happening and the ML is too according to Government.
If we expect the MIIF investment in June at the earliest then the price will be a lot higher, and we won't spend 2 months worrying about why they've not invested yet.
If you look at the chart 3 year upper trendline, 60% upside.
But a lot more when things start falling into place such as offtake clients for the spare SC6, discoveries from the Passive Seismic, Definitive Feasibility Study, Mining License, and MIIF investment (in that order I believe).
An investor can never have too much information. I'm not Bond, I'm Q.
Chasing BHL today, they are up 21.2% but ALL just jumped again at the same time as them, so they are still connected but ALL needs another 10% on it soon to get back in synch.
Anyone seen that genius of valuations and charting Mr0000000? ROTFLMAO
2nd highest riser today now. Up 21.2% to 7.15p.
Sells at 1.23p are being hoovered up by the looks of it.
Mymine,
Yeah, bashers at it again today talking out of their rectum as usual. More added to the filter.
Utah hearing on 26th on YouTube.
https://www.youtube.com/watch?v=EhPSlguY9ng
sweat,
See the conversation from yesterday. Looks to me like they won't invest until DFS and ML are in place, as those two are needed to confirm that the mine will go ahead. I doubt as a sovereign fund that they can risk putting money into something that is not confirmed to be going ahead, despite the project economics and government verbal backing.
https://www.lse.co.uk/ShareChat.asp?ShareTicker=ALL&share=Atlantic-Lith&thread=34F00E3A-21F9-4845-8FF1-2CB12719F956
AFC have stated very clearly that they are seeking the ADVICE of auditors on what they SHOULD state in their accounts. There is NO QUESTION of the auditors finding anything wrong with AFC's accounts, it is AFC seeking how to change the accounts so that NOTHING CAN BE QUESTIONED by the Auditors when AFC SUBSEQUENTLY present the accounts to them for audit.
"As a result of last week's announcement of the successful validation of the Company's "S+" Series fuel cell technology and associated update to commercial arrangements with ABB E-mobility, AFC Energy is working with its auditors to confirm the appropriate accounting and disclosures for the revised agreement within the accounts."
Meanwhile, if anyone is thinking that the process is 'taking too long', please educate yourselves on the huge issue Auditors have had for a few years now, of staff shortages. These shortages have delayed many companies accounts and is usually stated in RNS as 'Auditors resourcing issues' or similar. So allow them plenty of time to do their work, and ignore the con men trying to panic investors with false claims and scaremongering market abuse fiction.
"Nine out of ten FDs attribute audit delays to auditor resourcing issues"
https://www.room151.co.uk/brief/nine-out-of-ten-fds-attribute-audit-delays-to-auditor-resourcing-issues/
"Significant changes to the audit profession in recent years mean that the industry is facing a recruitment crisis."
https://www.menzies.co.uk/audit-skills-gap/
"English local audit delays continue"
https://www.icaew.com/insights/viewpoints-on-the-news/2022/dec-2022/english-local-audit-delays-continue
"Mears Group has been forced to delay the release of its financial results due to the “unanticipated” absence of a senior auditor."
https://www.business-live.co.uk/economic-development/social-housing-provider-mears-group-26511000
https://www.icaew.com/insights/viewpoints-on-the-news/2023/feb-2023/whats-creating-the-talent-shortage
https://www.thehrdirector.com/business-news/skills-shortage/number-crunch-lack-accountants-auditors-causing-recruitment-woes/
https://www.accountancyage.com/2022/07/08/accounting-firms-must-discover-create-and-train-talent-amid-global-shortage/
https://www.businessinsider.com/shortage-accountants-we-should-be-worried-recruit-young-talent-2023-2
https://futurecfo.net/auditing-and-accounting-talent-shortage-remain-a-top-issue/
https://www.first2recruit.co.uk/blog/view/1049/resignations-and-staff-shortages-in-accounting-what-you-need-to-know.aspx
BW,
Some of their info is definitely inaccurate LOL!
This map is great though
https://www.pura.go.tz/pages/reference-map
As I said Friday:
"ASK 1.23 vs BID 1.19.
Nothing like the advertised prices!"
Those were the prices of the last two trades prior to the close, but the advertised prices were 1.2p ASK and 1.1p BID. Finally this morning the advertised prices have moved up, so they are now showing 1.25p ASK and 1.2p BID, which is what they should have shown late on Friday.
Most shorted stocks list:
https://shorttracker.co.uk/
ITM, 5th most shorted stock on the market. No wonder he's trying to ramp it in here, it's a desperate pump n dump for him.
Accusing me of ramping is a joke. None of my posts can be described as ramping and he knows it. And I certainly do not go on the ITM or any other board to big up AFC.
Buy signal on Britishbulls after the close last Friday. (Might make for an interesting day tomorrow).
Signal Update
Our system’s recommendation today is to BUY.
The pattern finally received a confirmation because the prices crossed above the confirmation level which was at 19.90, and our valid average buying price stands now at 20.05.
The previous SHORT signal was issued on 03/04/2023, 11 days ago, when the stock price was 21.05. Since then AFC.L has fallen by -4.75%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet.
The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated.
It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.
https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=AFC.L
Ramping your own stock on here now, whatever next
BHL on the video, targeting 12p possibly. If that's a target for BHL the the equivalent target on the chart for ALL is around 64p.
https://twitter.com/Share_Talk
Also a mention on their blog.
"Altlantic Lithium (ALL), Bradda (BHL), Firering (FRG)
Interestingly enough, the past week saw some decent rebounds in mining minnows who have been on the back foot for quite some time. In no particular order, one would mention Bradda (BHL), Firering (FRG) and Atlantic Lithium (ALL), all lithium plays that have been on the back foot, and all were up around 20% over the week. One would like to think that some new financial year buying has come in for these stocks, and hopefully many others."
https://www.share-talk.com/traders-cafe-with-zak-mir-the-week-in-small-caps-sunday-16th-april-2023/
BHL on the video, targeting 12p possibly.
https://twitter.com/Share_Talk
Also a mention on their blog.
"Altlantic Lithium (ALL), Bradda (BHL), Firering (FRG)
Interestingly enough, the past week saw some decent rebounds in mining minnows who have been on the back foot for quite some time. In no particular order, one would mention Bradda (BHL), Firering (FRG) and Atlantic Lithium (ALL), all lithium plays that have been on the back foot, and all were up around 20% over the week. One would like to think that some new financial year buying has come in for these stocks, and hopefully many others."
https://www.share-talk.com/traders-cafe-with-zak-mir-the-week-in-small-caps-sunday-16th-april-2023/
Zoom in on the banner on the left and its ARA Petroleum's.
"Eng. Felix Nanguka from TPDC explaining to PURA Board of Directors about existing plans to develop the discovered natural gas at the Ntorya Location in Mtwara. This happened during the Board’s visit to Mtwara on 08th and 09th October, 2022"
https://www.pura.go.tz/uploads/gallery/3db38a9620e12a7ed3f99b7132a1266c.jpeg
Found on this page in the slide show:
https://www.pura.go.tz/