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More dilution is it? Either way ha ho! Sign the rat off and I hope that doesn’t put a ceiling on the rise due!

Link

https://www.tipranks.com/news/company-announcements/atlantic-lithium-secures-us16-4m-to-advance-ghanas-first-lithium-mine

Yeah just seen it here Ghanaian pension funds in hmm!

Atlantic Lithium will raise up to US$16.4m from Ghanaian pension funds and Long State to advance its Ewoyaa Lithium Project toward production.

The funding strengthens Ghanaian ownership and investor confidence, supporting lithium’s role in diversifying the country’s mining-led green energy economy.

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Yeah they are, in fairness moving along at a surprising pace. Meanwhile we all here, are getting jittery or recovering from shell shock 🤯 😂

I totally agree, the only reason I can see blocking us is that the minister wants to have some drama, otherwise submit the committee recommendation, and schedule accordingly.

@not2sure mind you Ghana loves its drama so they could wait until Wednesday next week!

I think they will do what I posted earlier, I can see them doing under urgent. If they can get the mining act changes done.

If not then either or and any bodies guess.

Supposition until they do or don’t.

Well if we are looking at hurdles how is this approach. This we should track the mining bill, tracking for arms of March. Thoughts folks?

If the government is "bundling" mining acts etc , as we suspect, the most likely sequence for Late March 2026 is:

Morning: The Minister stands up and performs the 1st Reading of the new Minerals and Mining (Amendment) Bill.

Immediately After: The Chairman of the Lands Committee stands up and "Lays" the Report on the Ewoyaa Lithium Lease.

The Goal: By doing this together, the government proves to the public that they aren't just giving Atlantic Lithium a deal—they are changing the rules for everyone at the same time

Interesting as if you advocate for transparency then submitting the report findings and then waiting 48 hours (as per policy/standard process) for the debate and vote would be the route to go. Also feel this would have a positive impact on the share and overalll governance from the parliament.

I will be very curious to see what route is taken here. GLA

So negative, day of rat 😂

I mean it’s not as if the company called out, that is basically bigger than Berkshire in England, or Fife in Scotland it only covers 502 square miles across the lithium corridor!

According to the company and CEO Keith Muller in February 2026, the key points regarding this rejection were:

Undervalued Portfolio: The board felt the proposal did not "fully encapsulate the potential" of Ewoyaa and the company's wider exploration portfolio.

Underexplored Land: Specifically, the valuation did not accurately reflect the potential of its nearly 1,300 square kilometres of combined "highly prospective" under-explored land in Ghana and the Ivory Coast.

@manx71 do you mean this?

truly understand why Atlantic Lithium is such a prime acquisition target, you have to look at the Birimian Supergroup. This is the ancient "geological backbone" of West Africa that hosts some of the world's most significant gold and lithium deposits. (Check wiikipedia)

The Birimian corridor is not a single line but a series of parallel, northeast-trending "greenstone belts" and "sedimentary basins". Atlantic Lithium’s leases are strategically positioned within these specific belts. ( go on ask your ai tool to make a simple view of this, ur leases and map them accordingly we sit right across both side of it on the cotes and Ghana)

1. The Birimian Geological Context

Mineral Endowment: Historically known for gold, these belts are now the frontier for high-grade spodumene pegmatites (lithium).

Ghana Segment: The Ewoyaa project sits within the Kibi-Winneba and Ashanti volcanic belts.

Côte d’Ivoire Segment: The Agboville and Rubino leases sit in the southeastern extensions of these same Birimian formations.

2. Visualisation: The Birimian Overlay (ask ai, it’s interesting)

Why the Corridor Matters for a Takeover:

District-Scale Potential: Atlantic Lithium isn't just a single mine; its leases are "district-scale". For a major like Rio Tinto or Ganfeng, buying Atlantic means controlling a large section of this highly productive corridor.

Contiguous Geology: The geological structures in the Rubino licence are effectively the "sister" structures to those found at Ewoyaa. A takeover allows a company to apply the exact same exploration model across both countries.

Spodumene "Sweet Spot": The southern end of these Birimian belts, where they meet the coast, has proven to be the most prospective for lithium due to the specific age of the granites that intruded the area.

Now if we want to talk about a takeover, I mean twice under two different governments they have said Atlantic may not be the company they will deal with.

It’s a bit like trump saying, drill UK … he was actually being subtle 😂

Earayeam, most parliaments push through economically sensitive or market related news this way. They are aware, I don’t believe here we are, as we won’t generate revenue for them yet. Hence gold is the target, we will follow and that will happen I assume next week.

@TeddyKGB in the past god knows how many years (assuming the same teddy) I have never seen you so animated.

Basically the minority can walk out and it won’t make a blind difference, as the majority can hit the figures with circa 40 MPs not sitting.

I checked Quorum and it’s 138 MPs, irrespective of the party. So the majority just need to sit down, the speaker has threatened that if you don’t sit your seats up for forfeiture.

It seems the majority have been attending bar ministers, and the independent seats support the majority.

The only other rule is rule 80, which states basically a minimum of 48 hours to review a report before a vote.

Looking good!

Report next week and depending when, it will be a good indication on the timing for the rat vote. GLA

And a good find from Earayeam

I am getting a 🍺 and the 🍿 out, this could be fun. Gla