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It won’t be the Friday the 6th as that’s a national holiday. So parliament should be shut, pushing into the next week. So I guess the 11th, with 10th being the final day.

That’s basically what all opposition parties can say, as for the discussion they have members on the committee just 1/3rd so no majority. Due process is basically being followed and there really isn’t much the majority can say/do countdown and it becomes Law. In fairness the majority really have taken a good approach and lawful.

They will let it the royalties run the full schedule is my guess so nobody can object as due process has been followed.

Noting that basically Wednesday was the 4 week lead, we start to rise from here. Tracking up to 30p maybe more before royalties signed off and this goes higher.

I tracked it as the 11th, Friday 6th of March is a national holiday.

On target, see you all next week at 22-23, slipping 18.5 as we got into 18 today. GLA hope you have a good weekemd

Well they could shock us all and partner again in the Coates JV project.

It seems a good deal for them, and they have reported a drop in production so I would expect they need more supply.

Now what’s our market cap? And that doesn’t include future drilling MRE upgrades or cotes!

All of which leaves Atlantic with a channel to market for 50% and 50% 182,500 tons to sell, assuming at 1500 a ton that’s 273,750,00, minus 400 ton costs 73 million. 200 million

So 73 million plus 200 million plus change 😊. Or basically the JV i using the example price per ton, pays for all the cost of producing our 182500 tons.

The contract is upto 50%, I also believe it had a floor and ceiling price.

It is also a little nuanced, elevra pay x (let’s say 1.200 a ton ) was about standard a while back for a ceiling price.

They can take up to 50 percent of offtake, so say it’s 182,500 -and pay say 1200, = 219,000,000.

The 219 million goes to the joint venture, after costs are taken off say 400 a ton, leaves 146 million. This profit is then split between Atlantic and elevra at the project level.

Typo 18.5

All very feasible, but if we stick to the rule book then mid March. So expecting a weekly climb, so going 16 then 118.5 by em of the week. God lives a trier! Anyone else on price?

The sub committee could literally vote internally tomorrow, majority win vote sub committee vote, pass back to parliament and ratification can happen.

Thus if the sub-committee passes the review back early before the 21 days. then the government can ratify the lease.

The Bottom Line

If the NDC leadership wants these royalty rates to pass, they will pass. The subcommittee's majority ensures that any opposition within the room is neutralised, allowing the 21-day timer to expire and the bill to "mature" into law.

The only way this bill fails is if the NDC majority itself decides the rates are bad for the country and pressures their own Minister to withdraw it.

Thus no news is good news as the bill just sits for 21.

So what do folks think the price will be tomorrow? Government progressing bills/actions! Time counting down for approval.

I am hoping for 16! Anyone else?

@EarEyeAm you have done some great research and feedback here. Take a weekend off and chill out.

18.5 incoming then into the 20s, and higher after rat. it’s that simple and for once the government is driving this through.

Have a good weekend folks and GLA!

(In my Xmas carol tune)

On the 500th day of waiting, tmy true love government gave to me: (all true I may add!)

12 Hundred Workers Waiting

Over 1,200 local hopefuls are currently on the world’s longest standby list for jobs that don't yet legally exist.

11 Crates of Minerals

Part of the festival donations to keep the community refreshed while the mining license stays on ice.

10 Crates of Beer

Provided for the Nkusukum Odambea Festival to help toast—or forget—another year of parliamentary delays.

9 Consultation Meetings

Held by the Community Consultative Committee since 2023 to discuss a mine that still hasn't seen a shovel.

8 Bottles of Hard Liquor

Specifically, the schnapps and whisky donated to local chiefs for traditional libations and long-term patience.

7 Sub-Committees Stalling

Various parliamentary and local groups reviewing, re-reviewing, and withdrawing the lease.

6 Cabinet Reshuffles

Including the massive 2024 "spring cleaning" and the total 2025 change of guard.

5 Million Dollars Spent!

Or rather, 20 million GHS poured into community welfare before a single rock was moved.

4 Lands Ministers

From the original signer Samuel Abu Jinapor to the current 2025 leadership.

3 Finance Chiefs

Passing the lithium file from Ken Ofori-Atta to Mohammed Amin Adam, and now to Cassiel Ato Forson.

2 Presidents

One who signed the deal and a new one who is "reviewing" it.

And a Ratification Stuck in a Pear Tree

Or more accurately, buried in the Parliamentary Select Committee folder.

Either way the company (from memory ) said land deals were all signed. The chiefs have called this out against the previous government as fold we’re waiting. They pretty much say it in video (awaiting comp 2 years).

Which brings to the conclusion, that all deals were quite rightly caveated on the basis of ratification and legally bound so.