George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
A year or so ago we barely got 10 posts a week. Now on a daily basis we’re getting a good amount of post’s with some really informative stuff that you guys somehow find. Apologies on my part I just don’t have the time to. Rain stopping me working at the moment!! Thanks to the main contributors, you know who you are. Although we get frustrated it helps keep us motivated & attracts investors popping in. It does make a difference as it’s how I stumbled across the original IRR & did my research (when I did have time) & saw what a cracking investment it could be. Keep up the good work. The clock is ticking down to production & timely progress is being made. The revenue involved makes it impossible for investors to eventually ignore. One day it will just pop & then there’s no limit the sp can go to.
Making big steps as products produce top results. 6 minutes battery charge time. Don’t think anything comes near that at the moment. Major players on the customer list. BMW & Cosworth being the stand out ones.
I know it takes time to plan & build a mega factory but the 2025 opening date seems a long way away as production is ramping up & demand will only get bigger if the batteries are that good.
With reports saying a mining application license will be put forward in the coming days & due to be granted possibly this time next year. How & why does the process take so long? Is this always the case?
https://www.reuters.com/world/africa/atlantic-lithiums-ghana-mine-poised-begin-production-by-2024-2022-09-30/
Released yesterday & have to sign up for the full article but maybe worth a read.
https://www.cmcmarkets.com/en-gb/opto/can-atlantic-lithium-benefit-from-sky-high-lithium-prices
The resource update would be most welcome but short term it will rise but not sure that will stabilise the sp to the 50’s or higher. With what’s probably another 2 years to production investors are just trading it short term. Hopefully I’m wrong as would like nothing more than a worthy sustained sp but it just isn’t happening even with the fantastic pfs news. It’s time will definitely come but my feeling is it will be a lot nearer production. I’d love to try & trade it but I’d only get it wrong. I’m just sitting it out & contemplating topping up when bargain price seems to come around.
Only my hunch & happy to be proven wrong.
Yesterday’s gains wiped out & some more!! US market just opened so interesting to see the reaction there after a 19% rise yesterday. Could drive the UK price down more before close & a chance to pick up some bargain shares before Monday’s ASX listing. Will the Aussies be buying into this from the off making today’s drop an absolute gift??
Top up or just hold & see?
It may of started with today’s slight rise but guessing any day the sp to start moving north with the ASX listing coming on the 29th. Comparisons to us & Core plus other companies don’t add up. Aussie investors will surely cotton on to this bargain price to pull it in line with others to the stage we are at to production.
I would say the stage the company & cells are at its more than potential alone David1951c. It’s happening!! Yes the big prize is further down the line when the factory is built & the majority of investors would potentially hold back until then but with the current sp & market cap against the £200m + per annum the company are forecast to make there is money to be made for investors in a rise in sp as these figures don’t add up & a rerate to IPO levels & the rise after the company float are & possible should be achievable. Amte is still massively under the radar.
Agree funding is an issue until full details are released but with only 35 million shares in issue even if there was some share dilution it wouldn’t detract from the bigger picture & gains to be had.
Can’t see it but any takeover offer would have to be ridiculous figures to offset the money to made from future revenue.
As always just my take on things & not in any way disrespecting your own thoughts. Gla
Future looking good. Making small steps to a big future. Top up when you can.
The good news keeps coming. Cosworth a top name added to the fold. A share price rerate must be on the cards soon as people cotton on to the potential & future of Amte Power.