Member Info for maestro1

Cant believe internet short report can cause so much damage to a company.

Massively undervalued.

They small hedgefund, they go bust but done real damage.

So they may not make the mine..

If pll are even talking about this, surely there must be some sauce on this news. Why would they say "piedmont does not exercise it"

Its 60 days..

The approval should have been here by now it states within 60 days of app you will get decision, the CTA was submitted on 4th jan 2023, so its past 60 days.

Hmmmm

GaiasKidney

What you on about?

What eveidence?

Uk investors are gullible, look at PLL who are going to build the large mine, they knew article was bull and there sp rose.

James
They have free carry to production and own 50% of large lithium deposit.

Lithium is high grade and large...

Some cant grasp basic english and read rns.

MajorOak

Clear you have an agenda and dont read rns and ignore ghana sovereign fund response.

PLL rallied after this article, the americans are use to bull story.

Read this carefully from rns..

"The Joy Transporters licences do not form part of the Company's defined resources and are excluded from the Company's Mining Licence application for the Ewoyaa Lithium Project. At this time no revenue is anticipated from the Joy Transporters licences and subsequently no royalty will be payable."

MajorOak

Read this part of rns what they alledging

"On 12 March 2020, the Company announced that it had entered into an agreement to purchase 100% of the ownership of Joy Transporters, with the consideration being the issue of 2,360,035 shares in the Company, which were valued at approximately GBP280k (US$330k) at the time. As per the original terms, the selling party retains its Net Smelter Return of 2.5% (of which 50% can be acquired by the Company for US$3m). The Joy Transporters licences do not form part of the Company's defined resources and are excluded from the Company's Mining Licence application for the Ewoyaa Lithium Project. At this time no revenue is anticipated from the Joy Transporters licences and subsequently no royalty will be payable."

IT HAS NOTHING TO DO WITH THE LITHIUM DEPOSIT!!

THE GHANA STATE SOVEREIGN FUND HAS CATEGORY DENIED THESE ALLEGATIONS.

THIS FUND TARGETED PLL IN USA, IT HAPPENS ALL THE TIME, I RECALL LAST YEAR EMERITA RESOURCES GOT A SIMILAR ATTACK THEY DISPUTED IT QUICKLY.

"Ghana is an established mining jurisdiction with a robust mining framework. The Company has a zero-tolerance policy on bribery and corruption and, in all of its activities, operates in accordance with the most stringent levels of corporate governance internationally"

"All allegations in the Report have been taken seriously by the Company and are ungrounded"

"The Report is clearly intended to benefit Blue Orca Capital, which, in the Report itself, has disclosed that it is short selling and stands to profit in the event that the stock price of Piedmont Lithium Inc. declines. Atlantic Lithium cautions investors not to make decisions based on the Report, which it considers factually untrue."

Question is why it fell so much yrsterday and pll were cruising, were shorts put on all, too...

Applebee

News is imminent, it can happen anytime. Unmet need..

Once we get approval this is surging.

https://twitter.com/StockBoxMedia/status/1633415968935354371?t=nUo6Np8DZsBA-jI1mG5N-Q&s=19

WorldwidePleb

Your post was a bit uneducated, i am not in panr, im just saying they are in 88e territory in terms of mkt cap.

As Brombard stated, Prospective resource and Contingent resource are different.

The zones which 88e are chasing have already been proven by panr, all of them successfully flow tested bar smd but they think it will flow. Slb think they can recover over 1.7bn barrels from the zones.

Even if 88e strikes all zones which is unlikely, 10% recovery factor will only give 62mmbbl.

Im here for a trade at 88e, when panr was trading 50p i didnt want to touch but now at 24p will keep an eye.

Brombard

Indeed, the 647mmbo is prospective resource for 88e, while just the smd zone in panr acreage is 2.2bbo contingent.

Panr needs a partner or an offer may come in.

Im sayin both mkt cap are aligning now and we should take note.

88e might even surpass panr mkt.

Something tells me this one wont fly now.

Panr has over 2.2BBO in smd, they hit on both alkaid wells, recoverable is 400mmbbl from smd alone Thats huge. Not to mention other zones over 20bbo in place..

mkt cap 220m.

Then 88e, targeting 647mmbo, recovery factor of 10%, its only 64mmbbl. Mkt cap 150m

Lets see

Its a sign when after well drilled directors sell close to £5m worth of shares in around oct 22.

Total messed it up