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Well while we wait , and play with figures. The below is an estimation, based upon what Chinese companies have paid for in the past in Africa other regions, and what they may pay for Atlantic once pre approval, and shovel ready (all funding in place, partners in place). 👀

Estimated Valuation ($1,500 Spodumene)

Valuation Metric (NPV)

Estimated Value (USD)

Implied Share Price (GBP)

Market Cap (Pre-Approval)

~$100M - $150M ~11p - 15p

Conservative Acquisition (0.3x NPV) ~$450 Million ~55p

Aggressive Acquisition (0.5x NPV)

~$750 Million ~90p

Let’s do it again, parliament recall today (as this aligns with 14 days notice and tuesdays as day 1 of a week) and 13.50! I have got a be right one day 😝

Didn’t see that, do you have a link?

The official line is 14 day lead time for notification. Unless requested by x number of MPs. That and the speaker has events on the 27th and 26th. But it’s Ghana so who knows 😝

Expecting Monday now, with a view for the 1st week in February. Also a 5 day week.

And let’s try again 13.50 on Monday 😊

Interestingly Huayou Group, do own lithium mine(s) one in Zimbabwe (currently operational), however they could buy Atlantic out and not blink, they have 19.5 billion dollars in cash. Zimbabwe mine is circa 400,00 tons over 22 year life span, so essentially double atlantics size of reserves. They paid 400 million for the mine and spent a further 300 million on the mine.

Elevera deal with LG chem, conveniently LG chem have a refinery coming online in Morroco circa 2026 and Ghana is conveniently located to supply them. This refinery alone could take all the output from ewooya. See below.

To supply the LG Chem and Huayou Group refinery in Morocco, which has a planned capacity of 52,000 metric tons of lithium chemicals (hydroxide and carbonate) per year, an estimated 364,000 to 416,000 metric tons of spodumene concentrate (SC6) would be required annually.

Well Piedmont on the hook for 125,000 tons to Tesla, that takes a good chunk of NAL (190,000). So hopefully they are looking for expansion.

I would add, and would like to see land ministry confirming the investment in Atlantic. Skin in the game to get the mine moving, and unblock any other possible challenges in construction, roads, electric etc.

We are either way, however the silence is deafening from the company. They better get Ray signed off and DFS lands the next day, and FID funding all lined up. As they have had plenty of time to line this all up.

Go big or go home 😝, that and if they had both running to a certain point in time. Either cotes or Ghana would have been signed off. A bit of look what the neighbours are doing 👀

In fact I will do the deal, 50 percent of project, what’s assures email address folks 😝

Well they should crack on and drill. Great if they can get a partner 50 percent or whatever, but just get on with drilling it out. It’s 770m2 and as per ewooya, has previously been surveyed and has traces of lithium.

My biggest big bear here is that they should have kept drilling in cotes at least, annd

Of had 2 x reserves Instead of going to industry events. Hay ho!

Egyasimanku Hill

Well Yeah build mine, drill cotes, drill more

In Ghana (near eggy hill) confirm the historical estimate of 1.48 million tons of spud and increase it at eggy hill . £+ incoming

Everybody looking at 18, when 50 is in sight. Gla

Who sooked? And tomorrow or Monday is going to be fun. China will be freaking with silver prices alone, GLA.

Well we have several things in the pipeline. Other than the obvious the cotes drilling could double resources in the next year.

And between now and Monday I believe we should see Parliament recalled.

Hope it’s 5 day sessions as well. Actually more curious if the speaker sends out recall tomorrow, just to wind up the NPP on their internal vote.

And we hit 13.5! Game on lol