Member Info for Not2sure

Hilarious RKB ..so you felt it necessary to come on ALL a share which you are not invested in to recommend selling it because someone else has got on your nerves , who incidentally was not exactly over the moon with current situation at ALL at the mo ..what do you think you are trying to achieve other than be a pest which is rather apt considering your moniker..I would suggest this board is very well researched and really do not need any help , certainly not from someone who has no interest !

Without a doubt the Ghanaians absolutely knew the price would come back whilst the negotiations were ongoing and ML not granted..free carry I would expect to be more than 10% and hopefully less than 20 but the stockmarket never fails to throw in a curveball every now and then !

A couple of uncertainties that the market does not like ..clearly there is a lot of negotiating going on over at what price the MIIF are investing at and secondly what percentage of free carry will Ghana want which is probably more important..it was reported that the current rate was 6% and the government were considering raising it to 10% but as we know the DFS allowed for 10% and the unknown is what will the increase be from that

I think you have been over thinking things recently swest..to be honest it has been well flagged by Ghana and many other African countries the need to retain more of the rewards for their minerals..Ghana is just getting their house in order ..yes it may cost a bit more in tax or royalty but the resource means too much to all to have any deal breakers..piedmont confirmed as expected and ml to follow

Absolutely ..they can grant the ML with conditions attached which I am sure they will

Inevitable pull back after recent drop and 20 % rise as many take a small profit..ALL has offered up a few good trading opportunities ..probably will not get any real sustained rise until Piedmont unveil their next move and of course ML

I think the market was initially rattled by the publication of the new mining policy but if you look at the bigger picture with so much of the lithium resource untapped paying more in taxes is not really going to detract from what is recognized as a best in class deposit/discovery.

I also think that now the new policies have been outlined the Ghanaians will want to push forward and add more clarity and that will be made known to us once the company is able to divulge the outcome of recent negotiations.. I am optimistic that Piedmont will signal their intention to finance the next stage which we should hear about very soon

A bit of an irony bakuraku having a little dig at people on this forum accusing them of having predetermined opinions but is that not your position on director buys..if it is not it certainly comes across that way..think it might be worth pointing out that of course there are only certain windows of opportunity for Director purchases which often means that they will not be able to purchase at the best prices..just saying

Only pop in every now and then to see how the demise of my old MOS is doing..I knew i should not have got involved again but hey ..just seen Toffeeman mention Star Trekkin which made me laugh as my mates dad did that although I think my mate was slightly embarrassed to admit that !

Anybody who buys shares including the Directors is never always going to buy and get the price right all the time otherwise we would all be very wealthy ..I think the more important point was that if they were indeed aware of any news that was going to send the share price spiralling down they would be a little bit silly chucking loads of money at it ! And I am sure they are not..ps that price of 49 and 47 I believe was Australian dollars which would equate to about 27 p ish !!

Lol to be honest if I thought the only way was down I certainly would not be buying more..I would think the Directors of ALL are of the same opinion !

Thanks GaiasK I slightly got that wrong in as much as given PLL had funded exploration and DFS to the tune of $17m and that the dfs had met the agreed criteria it was a given that PLL would acquire the 22.5 %

Not necessarily agreeing with you there although the market in ALL is unsettled that is for sure. We might get an update after this weekend after ALL and Piedmonts meeting in Ghana ..also as I said the other day it must be getting close to see if PLL make a decision to enter stage 3 of the agreement with Atlantic..with reference to the recent announcement by the Minerals and Mining it might be worth noting that as per the existing act non- Ghanaians can obtain a stability agreement which protects the holder of a mining lease for 15 years from future changes in the law and when an investment is over 500 million US which could indeed apply to ALL if they end up mining a much larger acreage than they have already drilled , they can obtain elements of a stability agreement and more favorable fiscal terms..not surprising no figures were mentioned initially but the fact that each case will be treated individually would suggest that negotiations are going on at the moment

I should have said making the decision to continue what would be stage 3 of the agreement and finance the build of the mine

Presumably at this stage of the agreement between Piedmont and Atlantic , Piedmont have paid over the $17 M which entitles them to 22.5 % of cclp ..if however they decide not to proceed given the targets were reached in the dfs as agreed between the 2 companies then they would be relieved of that ownership..having the dfs completed it must be close now to Piedmont making that decision ..I cannot believe that the Ghanaians would let this investment go because of the delay it would cause and the message to other potential investors ..time will tell..maybe an announcement next week after NH has met with Piedmont directors over the weekend in Ghana

53.6 million not 536 but part of a bigger financing project

Personally I think it will be..they have laid out their plans and intentions and will now want to move forward and start mining

Shearclass where did you get market cap for ALL ? With circa 609 million shares and an sp 17p ish that is just over 100 million is it not ?

I think this is what part of the negotiations are about and ALL are trying hard not to give up too much for a smooth transition from explorer to miner

Lol just discussing and would not want to try and damage the value of my holding any more than it has been !!