focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Seeing this pop up on shelves that get MASSIVE foot fall, I must admit I can see some explosive numbers coming. Not a pump but I used to work in FMCG and as soon as products like this hit big retail shelves the numbers shoot up. The SP has a very positive future imho. Just as an additional piece, getting listed in Tesco is NOT easy, that I can tell you from first hand experience. Anyway just some thoughts, great board, great product, sales momentum will be boiling
This is the thing when I look at mining stocks you have to look at so many potential risks and the de-risking here is substantial. The other part is funding and again, this is in a very good place. So much can go wrong but I see Atlantic as very well placed in this project, much more so than the majority of AIM mining stocks
Did you see the Research note from SP Angel? It definitely gave me peace of mind in terms of any conflicts of interest but obvs SP Angel unlikely to say that MIIF could be playing games. It does say some things like:
- MIIF is effectively buying into five Ghanian subsidiaries and is committing to stand its corner as a partner with Atlantic Lithium.
• This very much better than we had expected and shows MIIF to be working and acting as a true Sovereign Fund.
• Director: MIIF also get to place a director at the Ghanaian subsidiary level and have a right to bid for Ewoyaa's available offtake.
- Non-binding agreement: We have met with the MIIF team at their offices in Ghana. They are very professional, and we would be surprised if the nonbinding agreement did not come to fruition. Having said that, nothing is ever concluded till final signatures are in place.
• Ghana government: While the MIIF fund is not the Government of Ghana it does represent the nation from a financial perspective. We would expect a degree of coordination between the wishes of the government and the MIIF fund and we view today’s deal as declaring that Ghana is open for business for battery metals mining and exports.
• While the government always retains the option to impose new rules and regulations, we see MIIF as having done much of the financial negotiation with the Government’s Minerals Commission focussing on other more practical and strategic matters.
Recommendation: We are raising our recommendation to Strong Buy from Buy. Today’s news is very much better than we had expected given recent speculation and statements in the Ghana press. The deal with MIIF goes a long way to de-risking the project in our view and we expect Atlantic to receive its mining license in short order and for construction to start relatively quickly.
Agree, bullying in any forum is grotesque. This share has great potential finally and I see a decent rise ahead, anything that isn't factually correct isn't helpful though so lets keep things grounded in reality
I'm always suspicious of anyone quoting how much they are investing and boasting about how much they've made on x share. I also have suspicions that one person is behind the 2 accounts mentioned. Style of post, immature statements and the fact they're in multiple shares together means big pinch of salt needed
I use Research Tree and saw the note, I like this project - this part in particular: Beyond the Jelani JV, there is significant potential to further grow its resource inventory (something the management team has achieved with ease to date). The four USA brownfield projects in the highly prospective, although under-explored, Carolina Gold Belt projects promise expansion of known resources, and the wider WRE portfolio of projects in the prolific Witwatersrand gold region offers massive, although yet to be demonstrated, resource potential.
from the singer research note: 'directa plus has announced the largest contract win in company history, a €5.5m three-year contract with liberty galati through dcta’s subsidiary setcar. the contract alone is impressive given there is the potential to expand up to a total value of €8.0m, however, we believe there is scope for this to become a meaningful part of the directa plus story moving forward. liberty galati is part of the larger $16bn turnover liberty steel group, yet this initial contract is focused solely on liberty’s galati operation in romania. liberty steel group produces c.2.7m tonnes of **** per year, although most of this is likely blast furnace byproduct as opposed to the oily mill scale product (a byproduct of the rolling process during steel production) within the scope of this new contract. globally, 2022 was a record year for steel production at 1.89bn tonnes (exceeding 1.88bn in 2019) and it is estimated that c.2.5% of the metal weight of the workpiece is ****ged during the rolling process, creating a sizable tam for dcta. we leave our forecasts unchanged, but this new contract, alongside a positive recent site visit, makes us think something is happening with dcta and that the business is on the brink of a commercial breakout. we retain our buy rating and 140p target price.'
If someone posts a 'lie' I'll call them out as would most others, 'pumps' shouldn't bother you unless they contain misinformation. Plus it's waaaaaaay more profitable being a dip chaser than a herd chaser
Bought in today for a long term hold. Just wanted to say the quality of post on here is outstanding!! Gives me even more confidence, thanks all
Agree Sprout, was a good opportunity for many but it's still way above my average so just going to sit back and let this one ride. Think they'll do a farm in partnership and they'll have their pick of suitors, I'm not so worried about path to production due to independent verification. The market agrees clearly
Stop loss is ridiculous 99% of the time, if you want to make money you have to take advantage of price weakness. Buy the dips, average down, my average here is 14 and I won't be buying any more UNLESS it goes under that, I certainly won't be selling and buying more at a higher price, that's how to lose a ton of money. Trades are what can end up costing you a fortune not price fluctuation... unless you've bought a donkey, this is not a donkey
Interesting, not seen that before, who is the admin? I took my number from the lse share trades numbers, not as if it was controversial
Just checked HL and got a price, nothing to see
Anything with a low mcap AND in this sector has volatile SP. That shouldn't put people off, I personally like a volatile share that allows for a well-timed top-up
That's not an official figure, look at the date of the article, it may have a credible source but take with pinch of salt
Did he give you a sure thing for the grand national too? Christ on Earth
Thanks Crumbs, sure you'll forgive cynicism because the baseless ramps come thick and fast on these forums
Can you provide your source from 'German media'? sure we can all work out how to use Google Translate or identify '600bpd'... otherwise, it's fake news and not helpful
For sure, I keep humming on a top up but might just let it ride and keep my average low for now. Agree that September will be very good to us
These negative nellies are ridiculous. They have no reason to be cynical, as far as O&G plays go, there are few small players with clear road to production. Which Beacon has. The only issue would be a lower than expected bpd number but that seems very unlikely indeed. All pointers are that it is going to be transformative. So let them blow hot air, if they spook some into selling and price drops (which they won't), I'd just buy more. Smiles should be on faces of all holders