Member Info for Not2sure

I think if they are planning for Ewoyaa to potentially last for decades there probably is not so much of a hurry as you suggest ! 🤔

I wonder what the implications of another bid would be as I cannot see the Ghanaians wanting to participate in such a short term investment when presumably they are investing long term for future dividends..I understand they will still have the benefits of the provisions in the mining lease but not sure how any direct investment would be affected

Adam I thought you were talking to someone very unfortunate to have been named after a soap star not a American sniper !

Although this is yesterdays news there was recently an article in the FT about Hyperion , led by Sandeep Biswas former CEO of Newcrest looking to buy into under valued mining assets. The investment strategy ranges from taking stakes in existing companies to acquiring single mines and full corporate takeovers. On their shopping list amongst others was Atlantic Lithium..however I don't know where that shopping list came from..it certainly did not move the price !!

Lol it moved so fast the top risers board has missed it..hopefully by the time it catches up it will be somewhere near the top !

I don't think that rule applies to Australian based companies

SharketMare , Q has seen the light and sold his holding at 1003 ..he just did want to take the chance of going to production !!

I hold my hands up , apologies completely got the wrong end of the stick and will now retreat back into my box !!

I have just listened to it again and on 43 minutes he states as of now the IPO and investment by MIIF is on hold

I don't think I was mistaken about the discussion and the committee pressing MIIF for a list of the experts advising on the investment..I will go back and listen again

Sorry been out for the evening..yes the committee were discussing items from an earlier period but I thought the MIIF discussion was relevant and recent..it starts at 42 mins of 1:24 at facebook.com/watch/live?ref=external&v=36439206589

If I am mistaken that it is not relevant I apologise but certainly no agenda Range_Rover..it is my biggest investment !!

Wish I hadn't now lol

No link I was watching it live !

Apparently review of the investment called by the president..arguably should be an RNS maybe ?

MIIF currently discussing the process of making the investment in Atlantic

No reasons given at the moment

The above is currently sitting and discussing MIIF investment in Atlantic..apparently the investment is on hold at the mo !!

Unfortunately swest many of those whom protest on environmental issues would probably never give a second thought to the financial implications ..let us just hope that we get ML ratified this quarter and we can move on apace as we are walking in treacle until then !

If we succumbed to a bid now regrettably 50p would be acceptable but hopefully we get through the next 6 to 8 months with ML ratification , financing from Piedmont without any hiccups and MIIF fully on board with another offtake partner agreed and all necessary long lead items on order we would be well on our way to production..with no outstanding debt and probably a growing resource with the spod price rebounding to a more rosy looking range the potential for dividends and a much greater sp than 50p would be on the cards

I think the potential offtake of the 50% unencumbered spod was somewhere between 75 and 100 so probably woukd not bank on the higher amount at the mo