Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
https://app.sharelinktechnologies.com/announcement/asx/5b298c2e44dafe0875f7b2c4fed250e8
Atlantic Executive Chairman NH bought shares in order to stabilize the confidence of shareholders and prevent Atlantic's stock price from continuing to fall. However, whether All shares fall depends on mining licenses. A delay in the issuance of mining licenses would lead to a drop in All's share price. Therefore, NH's role in buying shares to prevent All's stock price from falling is limited.
Licence Acquisition Procedure
https://www.mincom.gov.gh/license-procedure/
*The board has been very deserted these two days. I publish my post to warm up the scene.
On March 17, RNS disclosed that "will provide a live investor presentation, outlining the latest and planned developments for the Ewoyaa Lithium Project, on Monday, 27 March 2023". That doesn't change the trend of Atlantic stock. Because, Atlantic has disclosed the "planned developments for the Ewoyaa Lithium Project" in its previous RNS.
All shares will continue to fluctuate in the 22-27p range until the mining license is issued. As for whether the stock price breaks upward or downward, it depends on the mining license. If there is a delay in the issuance of mining licenses, then the market will lose patience and share prices will break down.
It is worth noting that Electrification and Decarbonization AIE LP, one of Atlantic's major shareholders, has begun selling its holdings.