Member Info for LuckyLuciano

First thank GoldenPhoenix for sharing..

Ultimately Ghana still need foreign investment to implement dreams, of retaining value chains in the country.

Surely is not by making laws and restriction, that they will find $billions of investments and the know how, coming to their country and build the value chains......

I am sure they are well aware of this, so with their policies they risk to kill from the start the green energy mineral industry, to the benefit of another African country..

IMV the Minister is making these comments for political reason, wanting to show that the current Gov. interest and policies are for the people and the Nation. Remember soon we have the elections.

I think All plans are already to sell locally in Ghana some lower grade Li concentrate for the glass and ceramic industry.

I mean Ghana is a democratic country in respect of laws and contracts, how are they going to square up restriction on exports, with the agreement All has with Piedmont?

From the video at 3.20 min in when he talks about lithium, he also says that they need to be realistic about it, meaning that they will not seek to retain the refining Li value chain (highest end). To me this means they will not try to build a refining plant in Ghana, but they will retain a "significant" proportion of the value chain...

This imo means, Mining lithium, refining Li to SC6%, keeping some feldspar and low grade concentrate for glass and ceramic, and these are Atlantic Lithium plans..... I am not so sure about DSO though but possibly at the begin a small quantity will be allowed to be produced and sold, before the mine is up and running...

The minister though did made a bold statement, saying the under no circumstances Ghana will export Lithium in its raw form...now does he mean DSO or SC6%?

I suppose this is the side effect of recent sp drop from BO Bul@it....

Profit taking from those who bought below 30p, very little profit margins for day traders.

This is keeping All sp low when fundamentally value adding events are taking place.

Technically I see two resistance levels before ALL price in its true value.

38ish most recent could be passed with coming DFS, but realistically I can't see All all time high been passed before it will start constructing the mine, and this is still 1-1.5 years away.

Then 50ish is another resistance level imo that needs a ML to be passed.......

Possibly after DFS we may be trading in the 40/50 range till ML.....

Alhambra9 broo... no need to use that language.

Same though here BT, more than doble sp by end of 2023.

With potentially POG giving it a bigger push higher...

China is keeping buying gold and we still await some news from BRICS/Gold backed currency (although I wouldn't lose any sleep on that) but also in October Indian gold buying season restarts and by then the Fed should be done with rate rise, is not starting a new QE or easing.....

Doble sp with more to come with a bit op patience...

Indeed very large volumes buy at end of trading day....puzzled by the sp ending lower but may be the mm allowing for lower price buys coming trough...in any case definitely mews are coming.....

Something that as not been mentioned here but which is a real probability, is the danger that for 2024 production will be much higher than 200k/oz

Now last quarter Yanfolila produced some 27k/oz and 28k/oz the previous quarter, whereas Kouroussa mine has a name plate of 120k/oz so potentially is 230k/oz !?

On debit is not unusual for a company to have a debit, many company have one, so long as is manageable...

Not sure what the interest on current $105 millions but at 10% it would still be 1/10 of current potential yearly profit.

I am not aware of what are the company plans on debit repayments, I would assume that they will want to repay it asap....but just to say that with more than 200k/oz of gold production at current pricing, our debit is not so dramatic.

Indeed possibly before debt repayment cash would be better spent in more drilling and resource increase, especially at Kouroussa with such high grade deposit.

Lol... judging from today sp reaction one would think they announced first manure poor....

Seriously First Gold Pour was a given and very much pre-announced and expected, hence no sp rise.

The real one is coning with H1 in July when they will confirm good numbers from Yanfolila also for Q2, and more updates for Kouroussa.

July announcement will literary mean a new chapter for HUM.

Looking forward for confirmation of profitable operations at Yanfolilla, I don't think the market will await for debits to be completely paid off before pricing in the true fundamental value here.

At current POG Hum debit can be repaid in 1 year, but possibly sp will start to move up much earlier than that.

Hi just wondering if anyone can help...

With my research I have come across an interesting Lithium explorer with great potential, and possibly a great long term opportunity.

I am not doing any comparison with ALL here, hence "Of topic "

Latin Resources (AUX) project is in Brasil. Latin R. has just participated in a fund rising from Solis Minerals, which shares are quoted in Canada and Australia. I was thinking to buy some Solis Mineral shares, but I am puzzled by yesterday sp increase of Solis M. quoted in Australia not happening for the same securities in Canada.

Maybe it will happen today when the Canadian market opens.

Still there is so much difference in sp between the Australian quoted shares and the Canadian one..

Are they the same company?

On Kod

I posted before imo the sp has overrun itself, no wonder with 73 people posting on the day and no RNS...

When the same will happen on this board ALL sp will be at £2.

KOD is still awaiting for funds to come....not a good sign. For a wanna be miner with a future share of up to 130k/Spod production, been some 30/35k, a market cap of £120 is rich, imv an this not having start to build any mine yet, actually not having the money yet for it...beside metallurgic tests etc still to be done..

If All share of production will reach 200k, (i think may be less though) the same valuation of KOD, equate to £1.30 All sp.

Yes Kod has the ML, does it means that once All will get the ML its sp will be above £1, why not?

Mind you KOD sp could even quadruple from here, given the excitement it create, the more the better for All, when the same investors will come over here....

PD101

Not easy to forecast a sp on unmaterial fundamental events, but for sp consideration , having of not having ML can be see from a different angle.

IMV for ALL there are two imminent milestone achievements that will add value to the sp.

Higher production metrics from coming DFS (if that is the company plan) will increase profits and is a material event that should be reflected in the sp. ML is not but it will greatly de-risk the operation and maybe start to attract some ii and long term investors.

No ALL sp wont rise 5/10 folds this year but could easily be double sometime during 2023.

Just My opinion

Not wishing to hype expectation on coming DFS ..

I am not sure what to expect from DFS, but I remember talks/hint of revised production and possibly base case scenario pricing of Spodumene.

Agreement with Piedmont talks of a 8 to 10 years LOM project, whereas from the current PFS we get a 12.5 years LOM.

If they stick to the agreed terms and without considering coming revised resource/reserves numbers, I am hoping for a much higher production rate, it only make sense...

Mind you if that is the case, be prepared to see a revised capex, everyone in the industry is undergoing these adjustments.

By looking at the sp reactions on news of higher capex though, it seem the lithium miners can easy absorb higher costs, for ALL Ewoyaa project this is irrelevant, given our PFS pod price is at $/t 1359.

So lets see what the coming DFS will bring....if they stick to say 8 years LOM and without considering increased reserves, a straight forward assumption from current PFS, would be to increase yearly production to almost 400k/t.

Another thing to consider is how little explored is ALL license, I think something in the single digit %.

Companies like Sigma Lithium and Leo Lithium, which I have been following, have all dramatically increased reserves from initial PFS, this allowed them to revise their stage 2 mine development.

I believe for ALL Ewoyaa there is no stage 2 development planning, but I wonder if this could be considered once say...we double Reserves ?!

No much to wait now...

Not quite an independent country with control of its own destiny.

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

No seriously. Do you really what to be in control of your destiny?

I mean already the word "destiny" sound a bit scary kind of melodramatic, thank you for adding "with control" .

My friend the only people with control, is the Fed and the multitrillion US companies with cutting hedge technology.

The AI players know that politicians opinions are split and biased by their political agendas and paymasters.

Hence they will have the same approach as always.....let the sh@it hit the fan and then try to do something about it.

If they where to regulate, they should have started with the internet, actually with the invention of the telephone or with any disruptive technology, which everybody knows how it starts but have no idea how is going to end.

Yes ML authorization phases starting from Q3/Q4 always been my assumptions.

Inclusion of new areas in ML goes to explain why it was taking so long for any news, and possibly why the company kept quite about it.....glad this is put and explained.

Not happy about it, they could have plan it better, but hey........this is the nature of the project.#

I remember also that things like selling DSO earlier possibly in 2024, before mine is completed, was not part of the plans.....Things change, is the nature of the business....

Sorry swest42

you say unable to view lates YouTube interview with CEO Keith Muller

so where are coming from your doubt about early production?

From the interview KM is very vague about production talking about something between 12 and 24 months lol

I suppose it can not be any different, not knowing when ML and other variables will occur.

Another thing I didn't realise is that with coming DFS we will get also revise Reserve/resources numbers.

This happening by late June...

...and to celebrate Ghana why not listening to some of its music?

https://www.youtube.com/watch?v=v79GeSoBnqY&list=RDv79GeSoBnqY&index=2

The Ghanaian Government themself have trumpeted many time, Ewoyaa Lithium Project been their first Lithium mine in the Country.

Can't see ML permitting been a problem, but since first application for license back in Set/Oct? I suppose is understandable if the GG wanted to see the final DSF before permitting anything.....

Agree with GK this is going got be a staged ML permit, with more news from drilling, offtake agreement etc.

Interesting remaining of 2023 with sp likely to minimum double .

With some 80k/oz expected for H2 costs will be higher but profit margins even higher than H1.

Average POG for H2 likely at $1920, AISC at $1350 plus other costs meaning $1500.

Net profit per OZ at some $400x80k/oz for $32million and $28.9 millions for H1 for $60million circa.

Back of envelope calculation, may be slightly optimistic and obviously depending POG for the rest of H2.#

Today 20% drop is exactly the missing profit for this year at PE of 5, due to lower production.

The market seem to price this at £250million market cap for a PE of 5, been presumed 2023 forecasted profit of some £50million.

Wow what a disappointment.

Lucky me I almost bought back few days ago in anticipation for financials at the end of the month.

Sorry for the holders here, but what I don't like about the revised production is that is also valid for 2024.

Al together some 50k/oz production have disappeared, fortunately PAF will still be able to make profit and reduce debit, but this new was quite unexpected...

That people try to push the SP with bulk orders of 50-£250 is stupid . Hahah================

It may be stupid but still did the trick...today.

I'll be honest with you, I am really lost for POG and miners at this junction and anything is possible...

So many diverging forces and news flows that hey ....I take my hat off to those able to predict POG at 1900 or 1800.

The again anybody is good to predict prices without giving time frames......

Anyhow lets see how the market react to financials here....it could be a nice buy opportunity.

Did you see POG going up before US PMI NUMBERs?

Well numbers came out bad for POG (not a lot but no good)

Hence I am guessing with POG now at resistance descending trend line, there will be some selling.

These days POG and other prices are all manipulated short terms to create volatility AND MAKE THE MARKET MAKER RICH.#