Member Info for MajorOak

IRR of 224% and payback less than five months, with average LOM EBITDA of $248 million per annum.

LITHIUM MINE $4.8 BILLION Post-tax NPV8 of US$1.33bn with free cash flow of US$2bn from Life of Mine ("LOM") revenues of US$4.84bn.

LITHIUM EXPERT Rodney Hooper - Gaia
"Timing is everything. @PilbaraMinerals new ATH for its BMX auction of SC5.5. #ALL $ALLIF to commence trading in AUS on Monday. #RKEquity fair value using $1,500/t SC6 is A$2.04/share. Near term producers without offtake agreements are extremely rare. "#lithium https://t.co/7dNNbJ1Llx

Kind of what I've already been hinting at. Some huge deals being started up since May !

Atlantic Lithium will wait for PFS and press the button on allowing someone to MoU or LOI our huge tonnage.

LITHIUM MINE PFS OUT

Rodney Hooper - Gaia
"Timing is everything. @PilbaraMinerals new ATH for its BMX auction of SC5.5. #ALL $ALLIF to commence trading in AUS on Monday. #RKEquity fair value using $1,500/t SC6 is A$2.04/share. Near term producers without offtake agreements are extremely rare. "#lithium https://t.co/7dNNbJ1Llx

Kind of what I've already been hinting at. Some huge deals being started up since May !

Atlantic Lithium will wait for PFS and press the button on allowing someone to MoU or LOI our huge tonnage.

Gaias , I too follow Klien and highly rec his #lithiumbulls podcasts.

Rock Rock Rock

Processing Processing Processing

As Musk says "its a licence to print money".
I think he has made a few quid in his time and is about to build hos own Tesla processing plant in S US coast. As a UK ulternative TVL ALK is imho a must.
NO processing capability in the whole of the EU inc UK. All these lithium mines NEED to process or its down to manufacturuers to process the lithium ?

PROCESSING is key !!!

To be CLEAR Atlantic Lithium will see INTRA DAY movement. As shares are bought during AIM trading - OFTEN to a price order - and added to ASX overnight.
In the time up to and including the first 10 trading days , there WILL be some WILD swings.

Stay focused.

Stay to your own 'original' purchase reasons AND remember this when you see a 5p drop in a morning or afternoon. Often this is mirrored with a rise within 24 hours. DO NOT panic.

This is a phase of shares being shifted round 2 TWO markets.

There will be an element of day traders sharking around on the back of currency differences and these 5% swings.

All I will say is you bought for a reason. Wait through this turbulance for PFS - imho Weds/Thurs next week as Monday is initial opening day on ASX so they will want 48 hours to find its feet and get all orders through.

The release of the PFS will add a huge amount of attention to Atlantic Lithium. Those big investors in Australia will want their money in at the right price before the PFS hits. Most will have bought the issue but many will be restricted to a set amount. They will add to what they were given.

Just sit back and enjoy the fun - and games a plenty - and focus on that PFS release and further offtake on the back of this big upgrade !

GLA

Thanks Starfoxx. I did look at SAV back in 2018/19 but backed off a single investment as they had others assets I wasnt interested in at the time. Also I know a large amount on Euro Lith, again my gut wasnt feeling it with the project.
However, the sum of the mass production for the EU does.
You could well be right.
I see the links with the US as being stronger though or to benefit a US company in the EU more like.
VW like Tesla will need more lithium than can be produced before 2030 even will all the new mines globally coming online.

Whichever way Atlantic goes , we are in , its very high grade, very low impurity and a great location to ship to either US or EU. Win win really anyway it looks.

Great info though and I might revisit the companies you mention. Thanks.

Some buying over the last month in the US with average volume being 35,400. In time when PLL get near to construction pretty sure this will influence trading too.

https://finance.yahoo.com/quote/ALLIF

Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 70 ($0.85) price target on shares of Atlantic Lithium in a research note on Thursday, May 26th.

Might want to look back in May ?

Do the math + extra $$$ pt + dual drag on shares in issue.
Certainly going to ny highs

ATLANTIC LITHIUM Canacord rise to 80
Oh, I think someone on here said 80-85 +/- 5-7. ;-)))

It would be nice to see 47p close today. Gut instinct.

RNS coming today ?

Just a heads up.

If the big T get mentioned then my suggestions could go another 15-20p in the speculation run, especially with the T processing plant to be built on the S Coast of the US.

Technically they can take 30% of PLL's 50% supply and buy the remaining 50% directly from Atlantic ?
That could at the extreme be 70% of Atlantic Lithium production.

I believe 50% will go towards EU and Atlantic spreading risk of supply. Tick.

Still if the big T get mentioned ...

Thanks 9B. That works out even better then.
I'm still expecting a transfer of around 20-40% on to ASX, the price for the first 2-3 weeks after next Monday could get pretty wild on a daily basis down and up.
I suspect up based on the PFS and Australian Investors who in the main are looking only for high grade bulk projects of lithium.
Big tick for Atlantic I expect from ASX.
And they will not be messing about.

AIM to many Australians is seen as the high risk short / trading market where as the Super Annuation funds of Oz tend to select, buy and HOLD very much like the German Borse market.

Anyway time will tell.

To start the week , I will throw out my guess as I have done as a starting point.

80-85p +/- 5-7p so my expectation is a clear new high as a base to be formed.
I would suggest this will be achieved by late November.
I would also point out as a jokular test that there will be 2-5 days of 5-7p rises and probably 1-3 days of 4-6p drops. In my experience on AIM / ASX this often happens.

Interesting that both the GBP & ASD$ are falling. Any strength in the ASD$ v the GBP will see some big trading , been through that before too. Magic ;-)

Very Very Positive and excited for some great fun to light up the last few weeks of mourning and new beginnings.

With the ASX and AIM RNS today thats 38m new shares coming to market approx 7% of current issue.
Oh no !

Just hold on though. TWO listings from next Monday 320m could be held on each ? Currently 590m on just AIM.

I would estimate 20-40% will flow to ASX over the next 3-6 months naturally.

PFS - upgraded hugely not using $900pt but $2,900pt

Offtake by US EU safe play and it will add huge pressure on the buy side across both indexes.

Scarcity led auto manufacturers with large bets on battery electric vehicles to compete for long-term supply contracts, including Ford and Stellantis. Also, electric vehicle giant Tesla mulled building its own lithium refinery in Texas.

Exactly what I have been posting on CUSN forum since early June. BIG deals have been flooding in since May Ioneer miles from production get Panasonic & LG. Ford, BMW, Mercedes, VW, BYD...pretty much any Chinese large battery maker , S Korean and US all doing advanced deals oh, E3 Lithium in Canada getting EXXONMOBILE via Imperial Oil on DLE Lithium in Alberta.
A - Atlantic Lithium have Piedmont @ 50% of production leaving 50%. With an expanded ultra high payback on the soon to be announced PFS , I expect the remaining offtake to be declared.
B - Cornish Lithium , British Lithium, Alkemy/Tees Valley Lithium processing plant ALL look ripe for offtakes with most major supply being bought out.

I know its a bad word to use BUT Tesla need more lithium than the whole of the global supply for 2022.

I am carefully watching where his money goes as his whole business model is based on getting Lithium.
Building a processing plant on the S coast of the US opens up raw feedstock imports....from across the Atlantic cough cough AND Canada inc the supply of Graphite. 2 weeks ago Tesla went to Canada and checked out a number of Graphite and Lithium sources.

I think we can allow ourselves to get a little excited for the next month or so.

Hi GoneRogue. I note Sayona who go in to production in early Q1 so 4-5 months has dropped on ASX from 34c to 26c. Zero reason ! AIM is a sesspit , ASX is supposed to be much more compliant and with higher standards of legal reporting required.
Anything can happen when you hold shares, even when there is nothing going on. As I say be careful with how much you put in any share.

We are pleased to announce the successful completion of the 700m parent hole section of the North Pool Zone Drill Programme.

We will now commence directional drilling, in order to steer the hole towards target mineralisation.

#cornwall #mining #geology #drilling https://t.co/80o9SWjAPD