Something leaking from Liontowns drilling I wonder? Volumes suddenly jumped the past week or so.
Some big lithium and gold discoveries at Kathleen valley would be very nice. :)
Nice start to the quarter. I feel just the offtake announcement alone will propel a big recovery in the share price out of the large amount of potential items to be ticked off in the coming weeks and months: https://i.ibb.co/6D19fjY/Slide1.png
ALL new graphic for Q2: https://i.ibb.co/6F5BHP2/Atlantic-Lithium.png
Much to look forward to: https://i.ibb.co/zs6JTWp/Atlantic-Lithium.png
Great to see more signs of a lithium reversal soon. In the meantime here's an updated graphic for #ALL in 2024.
https://i.ibb.co/zs6JTWp/Atlantic-Lithium.png
Https://twitter.com/lithiumionbull/status/1754520657927520260?t=gJ40HEpUT4gYZeQiLJHwfw
No wonder the board doesn't want to sell for a mere 33p!
I think the solid reputation the business has was ignored by the market but more are becoming clued up now.
Unable to buy! Fk I was going to increase my holding at these lows. Takeover bid leak I wonder.
This is firmly in oversold territory when seeing that the revenues dwarf the market cap by about 12 times the company value. As Hedge also points out the company performance in 2023 was good considering the dire market conditions. Then factor in the share price was 40p and over the year prior and now at 10p it's a compelling buy in my book.
The upshot:
Remaining compliant with Bank Covenants - TICK
YOY EBITDA growth - TICK
H2 Revenue growth in Consumer Tech - TICK
Reducing Net Debt in H2 - TICK