Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Wow this is a fantastic find and summary of what's happening. Referring to this: https://www.energycircle.org/news/timor-leste-timor-gap-s-energy-venture-baron-oils-key-role-in-regional-energy-growth
Thanks for sharing. Feels like we're on the cusp of something great right now.
Guys when is it expected they will announce if the capital raise has been successful or not?
Liontown Resources commanded a £1.8-2billion market cap before it commenced production.
Atlantic Lithium at £140million is extremely undervalued in my assessment.
The liontown c1 opex is also US$100-150 higher per tonne compared to ALLs c1 opex.
If Assore want to attempt to buy this company for a lowball 40-50p a share then they're fast running out of time at this rate.
Usual fashion is SP rises in anticipation of critical news such as offtake and ML ratified. Ideally a climb to 30p before the news drops and then 40p comes into play quite quickly.
I agree Range 40p right now is very conservative. I just used this logic.
3x Kodals production along with ALL being much much safer and stable jurisdiction in Ghana over Mali.
KOD mcap = £90mil sox 3 = £270mil. So would put ALL at 40p a share right now.
Then once de-risked with the ML ratified and offtake sorted climb to around a £500mil mcap ahead of production, which I think is 70-75p? That would be in line with ALL time highs. :)
So I think this is where it can go soon if the market lets it go there
Parliment ML ratification will be very close now and then boom time.
Once down and the offtake is announced this will hold at around 40p a share I think and then climb as the resource upgrade comes in and then breaks ground.
0.1+ once broken this will go nuts
So much progress in such a short amount of time!
So the JV partner Liontown Resources market capitalisation is $2.82billion and not long ago it was double this.
The large gold discover yat Bellevue Gold right next to MILA: https://twitter.com/power_thompson/status/1770817023162949769
Bellevue Gold market cap is $2.31billion.
Mila market cap £3mil. Time to increase my punt.
New tweet from the company
https://x.com/MilaResources/status/1780868875456008318
JD
Gold has already been extensively drilled with 12,000m which is substantial and the grades were excellent.
See:
https://x.com/Butterheart886/status/1780159776158109711
As for lithium Liontown have conducted extensive due dilligence and indentified several pegmatite rich zones in close proximity to world class tier 1 lithium deposits and mines.
https://x.com/power_thompson/status/1770817023162949769
Liontown last year recieved and rejected takeover offers in the region of $3billion. This is in the public domain.
Bring on the updates as the uplift potential from here is huge.
Highly prospective area for world class gold and lithium grades as per the above.
Timed it right. News of this hidden gem is making the round. Expecting a lot more interesting and demand for shares.
I'm in. This has been on my radar for a while and the investment case is compelling to say the least.
Also a bonus is the company has a price history of big moves and this was before it has the partnership and cash it has now.
Nibbled at some. This looks ready for a bigger move.
Going to plan: easy hold from here for a huge re-rate.
-DFC royalty payments
-Graphite supply battle
-£2mil premium cash raise at 5p
-Completion of last bits of test work demonstrating world class deposit again
-Offtake announcement which ties BRES to a global company for graphite supply. These offtake deals tend to range between $5-25million.
-Completion of the DFS
-Announcement of production plan for 2025
Great podcast
https://www.voxmarkets.co.uk/articles/q-a-with-atlantic-lithium-executive-chairman-neil-herbert-90cbc8f/
Lots coming this way
*All permitting to complete
*Ratification of the mining licence in parliment
*2nd stage of MiiF investment - US$28MIL
*Final offtake announcement and completion
*Completion of the Ghana listing
*Final set of drill results from the dog leg before the resource increase
*£2.8mllion worth of shares purchased by directors in under 18 months
Neil reiterates the significance of this quarter as being very news rich and the expectations (not in any particular order):
*All permitting to complete
*Ratification of the mining licence in parliment
*2nd stage of MiiF investment - US$28MIL
*Final offtake announcement and completion
*Completion of the Ghana listing
*Final set of drill results from the dog leg before the resource increase
Yes, will achieve 2-3x 100mil when producing. I mean around 100mil when the offtakes are done, DFS complete,DFC or offtakers move this to production.
Also to consider is that only like 2% of the resource area has been explored...
Massive upside and funds and partnerships in place and more coming to unlock it all. ;)
-DFC royalty payments
-Graphite supply battle
-£2mil premium cash raise at 5p
-Completion of last bits of test work demonstrating world class deposit again
-Offtake announcement which ties BRES to a global company for graphite supply. These offtake deals tend to range between $5-25million.
-Completion of the DFS
-Announcement of production plan for 2025
What a year in store.