Member Info for LuckyLuciano

Noting sophisticate about it Sorbie
just very insistent and deceiving....
Its deceiving that the first news that came out about this ALL license issue many investors read it from other sources and not from Blue Orca official web site. In doing so Blue Orca managed to divulge false information without and paly on investor sentiment, without anyone been also able to read the disclaimer bit from their website........which basely says that they are biased in their opinions because their interest is to short and make a financial gain.
They have to say that otherwise they could be liable to pay $millions in damage for defamatory statement.
But at the same time with this disclaimer they can kind of say whatever they like .....sad but true.
Go to read the top right corner disclaimer on BO report....

Thing is All didn't need to obtain any mining license as they bought legally these prospecting properties already with a mining license granted on the properties.
Transaction was authorised by current government authorities.
Your insinuations Mr008 are tinted with ****** tones, trying to portrait African peoples and politicians as corrupt and criminals.
But again in doing so you contradict yourself because if that was the case, and this is the norm in Ghana, why would they all of the sudden, become politically correct and fight corruption by not granting a already granted license.......
Don't worry if is too difficult to grasp for you, I am not expecting that from a lowlife deceiving person like you. You should be ashamed of yourself. Go to find a proper job in stead of lurking on investor boards divulging false information...

The way I read it is first stage earn 9.4%, second stage from 9.4% to 22.5 %, third stage from 22.5% to 50%.
If in the mean time MIIF will buy in a 10% then PLL and ALL will be left with 45% each.
Please note also someone else see it this way. See link below.
Best would be to ask Neil Herbert for confirmation

https://hotcopper.com.au/attachments/img_9858-3838-jpg.5049394/?

Indeed but imv in the end All will hold 40% not 35%.
Has Pll payments haven't competed, by the time MIIF will buy in Pll will also find a share of a reduced cake...

Also not a big secret who is behind Joy Transporters is on Linked-in....
https://ca.linkedin.com/in/kwaku-asiedu-nketiah-jr-55297316

https://markets.ft.com/data/announce/detail?dockey=1323-14852180-132G3OH22CA3R1F18CQQLQ8NAE
Sorry I though I post this, just to show how secretly Atlantic have acquired the illegal licenses in question.
Secret payments? Not really.
Is commune practice to pay for and grant royalties, when acquiring mining licenses, so on this front Atlantic has done noting wrong and indeed, Completion of the acquisition was subject to regulatory and ministerial approvals which have now been received. Now means in 2021 by the current Ghana Gov.
Beside the legal matter Blue Orca in its report, is trying to make people believe that these licenses, the Saltpond and Cape Coast portfolio are part of Ewoyaa project, Mineral Resource and Feasibility study on which Atlantic have based their submission for future mining license production.
This also is not true.
More over and finally, the agreement to acquire the Saltpond and Cape Coast portfolio started on 17 January 2018, when Gen. Mosquito was in power, and was approved by the current Government (the one that is supposed to cancel the license) now..... between the 2018 and the 2021 date of approval of license transaction, there has been a general election.
If the current Gov. wanted to use this apparent illegal corrupted license sale, as a political leverage, it occur to me the best occasion was to do it in 2020 during general election.
In the end Blue Orca may as well succeed to make money by shorting PLL, but imv not because of Atlantic license issue.
They are clever...they have time it to perfection and calculated that indeed PLL is a bit overvalued considering that the still need hundreds of million $ financing and permitting to build the refinery, also they (orca) are timing it right with the price of Li correcting right now beside dire macroeconomics..... Piedmont luck of financing and permitting including timing dedlines has been also one of my concerns in the past for Atlantic, I remember almost whishing for Atlantic to disintagle from this deal and go look for another partner, like an European auto maker, but maybe even a Chinese so long as the offtake agreement is not on the cheap....Anyway yes Pll sp may be under pressure for a different reason, but I would expect All sp to slowly get back above 35p in the next month.

Hi just to get back talking about Atlantic and its fundamental value
I though I will provide some useful links on Spodumene price conversion to LCE, and comparison between Atlantic and other peers. Copy and paste the address on search bar. Courtesy of HotCopper Leo Lithium board

https://hotcopper.com.au/attachments/img_9858-3838-jpg.5049394/?
https://hotcopper.com.au/attachments/418479809-png.4976476/
https://hotcopper.com.au/attachments/screenshot-2023-02-15-094738-png.5062900/

Jarv55
Thanks for the link. Although it represent just an opinion from VOX media, is nice to hear some confirmation on what most here have been relentlessly talking about

Indeed PL but one would be a blind investor if were not to read anything possible about hie/her investment.
You are right, more I read the report and more I find it full of contradiction and jumping to concussion to suite their narrative.....
For example they are trying to pass, legal payments made by All to obtained these licenses, into a bribery.
Trying to connect the dots of other event happened in the past with Atlantic licenses...
Lots of insinuations and innuendos, but not one concrete evidence or prove about what they claim.
They are not so stupid because they know that if they give evidences, they then have to back it up in court and stand to loss hundred of millions $ including the murky reputation they have..
I like particularly they statements on Piedmont not been able to find other sources on Sodumene in 2 years time, are they real? Didn't they realised that Sayona mining is selling only half of their SC6% to Pll and will be more than happy to sell the other half a market price to Pll.....beside I could name a dozen companies that are looking to sell Sodumene in 2 years time just in Canada...
No PL
Sorry but the Orca Report is much more entertaining than Lord of the Rings...

This low life individual is clearly divulging false information,
trying for you to sell share, in one in a life time opportunity been All.
Is motivation is because the gambler has gone short on All share.
Blue Orca has openly stated many time that they are short Piedmont Lithium NOT Atlantic.
But wait......Mr008 is stating that BLUE ORCA is also short on Atlantic......
this is a clear lie that show how credible is this low life individual.

Indeed....TOP RIGHT OF REPORT
====================
THIS RESEARCH REPORT EXPRESSES SOLELY OUR OPINIONS. We are short sellers. We are
biased. So are long investors. So is Piedmont. So are the banks that raised money for the Company. If
you are invested (either long or short) in Piedmont, so are you. Just because we are biased does not
mean that we are wrong. Use BOC Texas, LLC’s research opinions at your own risk. This report and
its contents are not intended to be and do not constitute or contain any financial product
advice. Investors should seek their own financial, legal and tax advice in respect of any decision
regarding any securities discussed herein. You should do your own research and due diligence before
making any investment decisions, including with respect to the securities discussed herein. We have a
short interest in Piedmont’s stock and therefore stand to realize significant gains in the event that the
price of such instrument declines. Please refer to our full disclaimer located on the last page================

It make sense that the shorter intensify their game.....is psychology playing on people emotions.
Be careful and believe only to legitimate sources of information.
The fact that Blue Orca openly says that they will make money if the sp of Pll goes down is self-explanatory.

Atlantic acquired key mining rights for its flagship lithium project in Ghana by purchasing a local company which,
undisclosed to investors, was secretly owned by the immediate family member of a man known as General Mosquito,
a senior politician who previously served as Chairman of the Mines and Energy Committee of Ghana’s Parliament
and remains influential in Ghana’s mining sector. In our opinion, the evidence clearly indicates that Atlantic
obtained mining licenses 1 by paying the son of a high-ranking politician and promising tens of millions of
dollars in royalties. In our view, this appears to be textbook corruption.========================================

..so now apparently Atlantic have acquired Ewoyaa flagship project illegally.
Please this report leeks false information more and more it goes on.....

katstrangler
Please any tips what to buy for better returns right now?

Hi bankrupty
I did read it, especially the section regarding mining laws in Ghana at the bottom of the report.
As it happens in many African Countries, the mineral assets of the Country (licenses) is directly in the hand of elected politicians. It appear to me that at the time licenses were granted to All, (pl correct me if I am wrong) General Mosquito was in power and his son was running a perfectly legitimate company which sold its licenses to All.
So All did get its licenses legally and indeed ratified and endorsed by current government and authorities.
Beside the fact that these are not part of Ewoyaa project, but if licenses were illegal possibly the problem lays in how the son of Mosquito got (was awarded) these license. If this is the issue it as noting to do with All....
About illegal payments imo are just rumours to make the whole story look more credible.......if was true I am just wondering how on hearth BO managed to find out this, when the current Ghanian authority are perfectly happy with this.
Also if all this buls@t was true don't you think the current government would have come up with it and use it, to win recent elections?

Indeed in the end BO shorting tactics may just work out fine, but for the wrong reason...
Lithium price under pressure (it has been for a while) add to that some bad news from silicon valley banking system...
When banks start to wobble is can be very contagious...
I just wonder if BO decided to short PLL and lithium regardless of All story, and then they came up with the false allegation on All just to make sure of that and kick start the sp slide...

By the way good morning to everyone...

Guys this Mr008 imo is clogging the board and not bringing anything useful to the conversation.
Clearly the punk in a moment of gambling madness, has opened some short on All and now is desperate to make them work. Can't be bothered to entertain such individuals, no point in reasoning is not even replying to posts....
I suppose he has noting to say ...but in any case for me is on ignore.

Atlantic acquired the rights to another portion of its Ghanaian lithium project through the acquisition of a Ghanaian company, Barari DV Ghana Ltd. (“Barari”). The Barari area is adjacent to the Joy Transporters property. Similar to Joy Transporters, =========================================
F@ck I didn't know that....great so we have more licenses that I though....
Just imagine how much more high grade lithium is down there . Atlantic is going to be a monster deposit in due time..
Bring on refinery and sell it to the Europeans at higher lithium price, if there is a country that can do that is Ghana..

The prevailing legal and regulatory instruments underpinning Ghana’s mining industry are premised on
Article 257(6) of the 1992 Fourth Republican Constitution, which states that “every mineral in its natural state
found in Ghana is the property of the Republic of Ghana and is vested in the President for and on behalf of the
people”. The preceding constitutional provision makes it imperative that all minerals, including critical minerals
such as lithium and silica sand, are vested in the President in trust for the citizens of Ghana. This constitutional
provision mandates licensing to be done by the Executive via the sector minister, for and on behalf of the
Presiden=============================================================================

Did you expect the Gov. of Ghana to do a referendum before award some mining licenses to All?
No listen the real allegation from Blue Orca are about illegal payments to obtain these licenses.
So license in question and the process to obtained them was legal and ratified by current government, with recent endorsement from MIIF.
Only thing is that Blue Orca allegation are about some illegal payments, meaning that possibly All on top of official payments and promises on royalties (all legal) have also gave some extra cash to Gen. Mosquito son.
I very much doubt that current Ghanian Gov. will block All mining license on the bases of Blue Orca allegation.
For start BO will have to bring evidence that what they say is true...They are not going to do that, not even if what they say was true, because their game is to short and make money only, once they made their profit good bye....
Then even if it was true, is not easy to prove illegal payments (not impossible but not easy) now.....will the present Gov. by its own initiative go all the way in trying to prove some alleged illegal payment ?
Naaaaaa in my opinion they are less than interested on the matter, not even if it was true...
I doubt they want to start legal battle with the opposition on the matter of illegal payments.....and beside it appear to me that licensing process was legal and ratified by present gov...Are they going to admit having made a mistake and destroy a potential Lithium industry to please Blue Orca shorting ambitions?
I rather stick to facts anyway. All say licenses have been obtained legally and the MIIF the same. You are free to believe any allegation you like.....it seems to be a strong trend these days....good luck with that.