Member Info for L0ngterm

The majority of these comments/

Recommendations are not related to the mining lease.

10 year tax was not given and clearly called out as excluded from the report as no evidence of this at all. The government public stated there is no deal, and it was published.

The company qualifies for a bulk permit for electricity bidding, this is outwith mining lease and is an option available to companies that are bulk users of electricity within the country (not just ALL).

What I did note, was that it was fairly astute of whomever to. Have the NRGi review, publish, and also the timing, after being tabled formally.

Not much to these points raised, as the majority are about tax, epa, governance. Is it me? Logic below and how I read the NRGI report, who said pretty much the same and recommended the deal.

1: this is the EPA and not the lease

2: not the lease, permits for bulk buying electricity are not unique to ALL.

The tax exemption, doesn’t exist, as there is no evidence, and the NRGI called it out.

3: pricing, already covered and is based upon benchmarks (NH) covered this. However is the wider issue is Vertical integrated companies, the. This is not lease related either, and points to BYD and others.

Taxation is not related to the mining lease.

Dilution, the country is in at project and Atlantic shareholder. Atlantic shares and MIIF trade in makers and are open to market forces. The country is on the board.

4: not the mining lease either.

5. Add some belts, and braces. Fair enough! Make sure we pay the local community 1%, but we don’t decide how communities spend.

Https://issafrica.org/iss-today/ghanas-split-parliament-has-failed-to-meet-public-expectations

Https://issafric/

Link, also not they do fold with public opinion.

Hence, it all sounds like sabre rattling and noise. Will dig out link, but in the past the minority have delayed, objected etc. in tax. Then when it came to the 2nd vote they walked out, and it got voted through. It just seems par for the course.

It always did hinge on ratification, so no change really.

We all knew that the company didn't have control over the governments timescales.

What we didn’t know, but now do:

The people want the jobs

The investments

The mine

And are willing to challenge the political elite.

How good was the deal?

It is fair and confirmed,

Independently.

Technology and Skills for mining Lithium.

Nobody is being trained in lithium extraction in country (as of now, no modular units)

The opposition (like any other, can delay decisions). The majority for some reason didn’t step up.

To be clarified, is why didn’t the majority step up? Is this actually a strategy? The closer to elections the better for approvals?

Yip, it seems to me they do it a lot (from a Google search) eg. Below link. Not sure if this in turn is a tactic that can be used to push through a parties agenda. Heard the cats shall we say for voting.

https://citinewsroom.com/2024/05/request-for-parliamentary-recall-in-good-faith-afenyo-markin/

If I heard correctly on the link on the other post (5 minutes from end). Parliament was adjourned, the majority objected. In turn a party or in this case the majority can invoke a recall if parliament, as per the law, and this looks like in September.

Anyone? Did I hear/interpret correctly?

It would be lovely if this got signed off tomorrow. Cause the company isn’t playing. gla

Or maybe upto the 11th (if parliament open to)

Site visit today by the committee.

https://www.myjoyonline.com/ensure-sustainability-of-atlantic-lithium-operations-deputy-lands-minister-to-stakeholders/

Https://audioboom.com/posts/8548861-interview-with-atlantic-lithium-executive-chairman-neil-herbert

Do you have a link to that announcement or timeline? In relation to the parliament dates?

Viewing this as the process has kicked off circa 7 weeks duration.

Support is in place, independent reviews published, local community behind the company. Anyone can put a cheeky buyout offer in between. Parliament can be recalled anytime ,thus this business can be tabled anytime in between, with any other decisions that need made by Parliament.

Well it’s an independent global organisation of experts. That has obviously scrutinised the deal, over a long period of time. Which I dare say is a lot more than the opposition can do or leverage, in a week(s).

Ghana's lithium mining deal is favourable – NRGI report

https://mobile.ghanaweb.com/GhanaHomePage/business/Ghana-s-lithium-mining-deal-is-favourable-NRGI-report-1941813

Not that I am aware of.

Not enough detail on why he has those pressures to sell his stake, however it clearly shows that there is significant interest in the company/project.

Well if I heard correctly, in parliament the opposition raised concerns about local engagement etc. hence it seemed more sabre rattling (given what we knew).one of the local issues raised was can the politicians get on with it.

Let’s dance