Member Info for Not2sure

Discussions with MIIF , Elevra , offtake parties and possibly someone trying to do a deal for the whole kitcaboodle ..lots to talk about !

Lol if not one of those days one shortly after ...maybe ! Ps it is there is a buyer in the background not their !

I think those sells although reported either late or next day are worked throughout the day and then average price of the collection of worked sells !

I am convinced , although happy to admit not sure on timings that MIIF will want to increase their percentage holding in Atlantic from the current circa 3 % before any corporate action takes place

They were diluted when we had the recent fundraising !!

Just over 27% i believe , only 1% difference but still about 8 million shares

I was thinking more that global supply chains are possibly a little more tricky in the current environment

The only snag with the modular DMS is any delay on getting parts ..probably best to go the whole hog in the first instance and just deal with any delay once as I don't think the original plan was to run both in tandem

I know the general consensus is that Atlantic is going to be snapped up probably more likely in the shorter term as well but is there not a case particularly if any potential bidders cannot get the BOD to present any offer thus far to get to production in our present form and potentially reap the benefits of dividends..I know you oppose this jack but in the grand scheme of things in 3.5 years we could be wallowing in cash , enough to continue with comprehensive exploration over all our tenements and start to pay a respectable dividend

Wasn't that 760000 trade from yesterday or had you counted individual trades to get to that total

I would be surprised if Elevra committed to their agreement to finance the mine build let alone trying to take them out..given the disagreement over monies owed to date and maybe a need for arbitration a jv with Elevra would be as welcome as a hole in the head and best avoided at all costs..start again with someone else, i am sure there would be a queue..maybe a bit unlikely but MIIF taking up the slack would be a great shout but probably a non starter putting that much into the project

It would be a little bit of an irony Eareyeam don't you think as you mention Elevra possibly making a bid for Atlantic that they sold 24 million shares to Assore one of their potential rivals for the prize ?

I would be disappointed if Assore were selling after all this time ! Lol 😆

Noront sp before first bid was C$ 24 and by the time Wyloo and BHP had finished it was C$ 1.10 about 450% increase !!

I would agree ceejay generally about bidding but one notable exception , in the battery metals market I might add is the battle for Noront ..hostile battle between BHP and Wyloo saw counter offer after counter offer ..take a look !

I agree and in fact believe that Atlantic were prudent in raising when they looked vulnerable before and needed a war chest to fend off a possible low ball bid..that would have been Neil Herbert with Amanda that made that call both of whom i believe have come in for a bit of criticism but i still believe they have made the right calls with the hand that they have been dealt

Hypothetical at this stage I know but given the 3 offers made to the board for Atlantic I wonder what is the lowest price they would be prepared at least to put it to shareholders even if they advise shareholders to do nothing

She is in Ecuador !!!

There is a little bit of an irony there 5toamillion as I was clearing out a cupboard earlier today and found a couple of broken records 😀.. don't worry Gina has been taking stakes in most of the Lithium companies on Asx ..she surely will not want to miss out on one more !!

I don't think there is any doubt that MIIF are going to invest in Atlantic it is just not going to be the original price..it was a non binding deal and therefore no guarantee they would invest at 21p I think it was..they also were given warrants at 40% premium which obviously will go by the way..however I would not be surprised if they were to take a bigger bite and this along with a few other plate juggling exercises are what are going on behind the scenes !