Member Info for LuckyLuciano

Understandable retrace, people loaded up in the 5/7p hence still making 100% profit at this level...

This share price moves so suddenly I wouldn't be surprise to see it back up in the 20s in the space of few days, when is anyone guess.....

Good morning

imo sp is in the hands of traders, noting to do with concerns.

Time scale for production is anyone guess and frankly out of ALL hands, many factors beyond company decisions can anticipate or delay initial production.....

Have to say I am very much encouraged to see now Keith Muller stepping up and been able to take some operational decisions, Neil Herbert is a nice guy but too much financial experience and little operational....

Yesterday news of China restarting subsidy for EV and coming DFS should be 2 mega events that soon or later will be reflected in All sp.

Incidentally to fully digest the coming DSF impact on All fundamental, one would assume it takes few house maybe half a day? And yet I wouldn't be surprise if we witness a sell the news reaction.......

Unfortunately I have no more cash left to top up.

Nice news thanks.

So China subsidy are back, they played a huge part in 2022 for Li price...

Thanks China

Indeed these sudden unjustified moves (not only on POG) must be manipulation to catch stops in the virtual futures market......or to get some cheap gold miners stocks for trading by the hedge funds.

Price hopefully it eventually readjusts to the fundamentals, but short terms seem to be completely in the hands of the mafia. I wonder how do they do it...

WTF what happened?

1970 to 1940ish in a couple of hours with no apparent reason?

Well about the Bo report, if it can be called like that..... Has to be seen under two different angles. One is what it did to the sp, and the other is what risk it really represent in All not been granted a ML. If All was really risking not getting the ML, and the BO had some ground, All sp possibly would be still in the 20s if not lower, all signs from Ghana and company Directors have been that BO smear campaign was just that a big Bull@hit to make short term money. Would be nice though in due course if the company was going to try to pursue some legal action against BO. Not sure what are the chases of success in these cases, and also not sure how this would square up with Directors buying in the 20s thanks to BO.... That would be a bit funny. Anyway indeed ML granting would be fundamental for All, BO or not BO.....

Lol

Yes Timeisourfriend

I doubt the sp will go down, but is not exactly going up...

As posted b4 I thing BO event as push forward some investment decision, from investors on the side line....Including Company Directors buying million of shares in the 20s. Possibly interest has dried up and now we are balanced between those selling for a small profit% and those wanting in.

Today RNS though is not exactly material to ALL so is a non event, DFS should be different, resource increase and revised production (if my expectation are correct) are material to the valuation of the company.

Lets see what happens.

Swest42

in stead of a charity donation I welcome a bank transfer to my account.

You have a point though "working hard" sound strange...I thought they always work hard.

Anyway no rush for DFS, plenty of time till we get ML....

Yes is the first time that I know...that they go a certain length to explain matters on Mining License.

IMV a good indication that ML is soon coming.......

On exploration these initial drills results are to convert Inferred into Indicated, more to come that will also increase total resources maybe by end of the year we are going to reach 50Mt?

All good looking forward for DFS,

Atlantic very much undervalued compared to many Lithium explorers that don't have even a maiden resources.

Yes EarEyeAm

but his also talking about 2 other prospect licenses over the mining lease that with recommendation from bal bla bla have now been combined in to one and I assume are also part of the ML application....

But you are surely right EE also because now that I check properly the BO saga came out after they resubmitted ML...

Indeed T

also I was re-listening to YouTube Rock Stock interview.

They mentioned a Passive Seismic survey been done recently, which will be released in 2/3 weeks this more than 10 days ago.

I don't think it will come out together with DFS, hence expecting more than one big RNS next week and the week after.

Wouldn't be surprised if DFS is slightly delayed.

On ML I wonder if the BO event has changed thing.....

They have added new tenements to ML application in February, hence the slight delay.

Are these new tenements the licensed areas in question from BO?

If that is the case, I see some political motivations here, whereby the current Gov. is advising ALL to resubmit a comprehensive ML application, including all future exploration licenses outside Ewoyaa, so that once ML is granted, whichever political party will be in power after the Ghana election, nobody can dispute the ML granted to ALL.

Ghana elections are in Dec. 2024 and by then we should have well received all ML permitting.

But hey...is only a conspiracy theory and I am not sure which areas permitting have been added to original ML application.

...lol

Apologies didn't realised I have not finished my previous post...lol

Not that is very important what I say, but just for the sake of it.

---------------

Even better is sp action, and on that as I posted before I think BO .....

event has created a new sp action and technical dynamics, where ALL sp for now is trapped in this range.

Hopefully with DFS sp can start to make new higher highs and get out of the 30s and possibly with ML coming this year we can go back to all time high, which imv is definitely a strong resistance level.....for now.

All imv DYOR

Agree with DM

CEY has a very good investor board but the share itself imo is way overpriced, and is not that they are operating in a safe jurisdiction either, yes they have some nice cash at bank, but on its own is not a good reason to be invested.

Tradeable it maybe, but wouldn't rest my decisions on a candle bar signal, even though, yes, day RSI is oversold......

Big question mark on huge volumes at Friday close, buys? Sells? hmmmmm

HUM seems much better mid long term...

Lets be honest about it......

Before ML Atlantic share price is anyone guess where is going.

We need the DFS to know how much will be produced and the ML to know will be produced.

I am very positive on both fronts, not so sure if and how much more the DFS will increase production. I know they have plans to keep drilling, talks about in due course doubling reserves, are they planning for a stage 2 expansion down the line of a longer LOM?

Anyhow I was already happy with 255k/t Spod from PFS, but beside production the most important thing is ML.

We are 100% sure it will come, unfortunately has been delayed by having to resubmit it, with additional land/license permit to be included, possibly the area they are planning to drill in the future....

MIIL has been shouting for months now about their Lithium projects in Ghana been Ewoyaa` Atlantic, I can not imagine the Ghana Gov. will not grant a ML, is just a matter of when.

That will put a solid floor to All sp, but for now its all over the place, also thanks to fracking BO...

Looking forward to DFS it should be interesting reading..

In these circumstances possibly technical analyses is better than fundamentals for very good reasons..

Even better is sp action, and on that as I posted before I think BO

Two actually one in Africa and one in Las Vegas.

I would rather go to the Las Vegas one, always liked to place by bets...

..problem is I have run out of cash.

Agree with all points....

Indeed is not by restricting Li export that by magic they find themselves a value chain in green energy metals, beside having to compete with very well established hubs like China. Even US and Europe have their difficulties to compete with China, you can imagine Ghana which beside funds need also also to fill a skill gap.

To be fair by the sound and own admission, the Minister is saying that if and when will be down the line of time.....5/10 years?

Why the fall? seems extreme for the fall in gold price...

================================

Not easy to compare every share price rise or fall to its underly commodity, especially on a daily base.

Fed hint to more rate rise to come have put a brake on gold price, but in mid/long terms rate rise in not good for banks and the economy in general....

If you have 1 year time frame on HUM imo noting has changed and if we close below 15 today, then technically 13p seems a very strong support where buys will come tick and fast for H1 financials.

Beside the financial metrics of coming DFS been revised up or the increased resource.

The DFS itself has to be considered a turning point for All because it is a prerequisite for Piedmont payments of $70 millions, because will allow also MIIF to invest and because will for the bases for ML .

I was reading the MIIF statement at recent London Investment Summit, “At present we are negotiating investments in Atlantic Lithium, an Australian company that has discovered commercial quantities of lithium at Ewoayaa near Mankessim in the Central region of Ghana. We are working on other potential significant lithium finds in Ghana. MIIF intends to invest in the processing plants for these transitive minerals, in line with the president’s vision of making Ghana a battery-hub and centre for Electronic Vehicles in Africa by leveraging on the current Ghana automobile development plan. Ultimately, we want to become a centre for Electronic Vehicle (EV) assembling or manufacturing for the whole of Africa. We are studying the proper and best ways to achieve this grand plan,” said Koranteng.

Well with current $400million available for MIIF, I think dreams of making Ghana a battery-hub and centre for Electronic Vehicles can wait a bit longer....

For now they will be happy to buy a slice of ALL is to be seen if they will do it before ML or after...It would make sense for the MIIF to fill the capex short coming of ALL...

Unless they are able to attract an European player to build a battery grade refinery and battery factory...

In Europe they surely are not happy to build refineries and possibly not even lithium mines.

Interesting times ahead after DFS