ickleninja

[Atlantic Lithium Shareholders Action Group @AtlanticLithSAG]

Following the recent announcement by @AtlanticLithium earlier today, we provided our response to the company #lithium

[ickleninja @ickleninja]

#ALL #ALLIF #lithium #Li @AtlanticLithium

[Atlantic Lithium Shareholders Action Group @AtlanticLithSAG]

We are Atlantic Lithium Shareholders and we are passionate about extracting full value from our long term investment in the Ewoyaa project. We are equally committed to ensuring all Ghanaians share in the benefits of this globally significant Lithium project.

[ickleninja @ickleninja]

#ALL #Li @AtlanticLithium https://t.co/uGUVMBaWrT

[Nic Cruz Patane @niccruzpatane]

This is the greatest argument I’ve heard for why electric vehicles are better than gasoline-powered cars.

[ickleninja @ickleninja]

#PowerToThePeople

[Tlou Energy @TlouEnergy]

#TLOU📽️Video: The 5MVA transformer has arrived at Lesedi, installed & ready for testing!

🔹The 100km transmission line is complete & the substation is on track for year-end
🔹First power sales in 2025 & huge gas reserves position Tlou to deliver baseload power for Botswana $TOU

[ickleninja @ickleninja]

@FireRing_SM How long will 15k tonnes take to process once the kiln is commissioned?

[ickleninja @ickleninja]

#ALL the news coming now?

[Atlantic Lithium @AtlanticLithium]

The Company is pleased to announce that the Minerals Commission of Ghana has granted a Mine Operating Permit in respect of the Company’s flagship Ewoyaa Lithium Project in Ghana, representing the final regulatory approval in the permitting process for the Project.

Full announcement: https://t.co/uPY2UarPnJ
#ALL #A11$A11 #ALLGH $ALLIF #Lithium #Ghana #Mining

[ickleninja @ickleninja]

Makes sense still

[𝙏𝙊𝙍𝙊 @Toro_AIM]

#ALL share price took a hit past few weeks partly due to ratification delay and partly due to falling SC6 spot price.

Therefore time to go back to basics and research fundamentals:

1. Has the investment case changed? Imo no it hasn't. I believe that Atlantic has a fantastic business and it will become a mine (we are almost there...)

2. What are the risks?
a) Political risk is elevated although the project has widespread support (particularly amongst the local population, unlike Jadar). Ghana already did the world's best mining deal but you can't please greedy politicians. Wealth fund has already invested $5m which is reassuring.
b) Funding risk is medium to low as partner PLL is low on cash. However, this is countered by Atlantic's ability to raise offtake cash equal to or above the funding gap. If PLL forfeit their remaining % then I see this as significant further upside for Atlantic.
c) Geological risk is very low due to extensive drilling and there's also substantial unexplored and prospective target areas. I maintain a longer term 100Mt target when drilling starts outside of current licence area.
d) Pricing risk is also low - spot prices cannot drop much lower without dramatically reducing supply (the cure for low prices is low prices)
e) Demand risk is low - most analysts are showing a lithium supply deficit in 2025. EV sales are growing and low lithium prices have killed mining investment. It takes 10 years from discovery to production so that deficit is not going to be resolved quickly.

3. Does the upside still play out at low SC6 prices? Yes, Atlantic is a low cost producer and is profitable at a point where many other projects will have shut down therefore Ewoyaa will always survive low prices and still turn a respectable profit. This is what sets Atlantic apart from other lithium companies. It's an almost unique combination of location, grade and purity.

4. What is the upside case? Calculated using PE of 10 (below industry average) and a long term SC6 price at $2000, the predicted share price (fully diluted) should be in the region of 120p to 160p. The chart below shows spod price Vs share price.

Not investment advice. As always #DYOR

[ickleninja @ickleninja]

Community engagement is so important #lithium

[Atlantic Lithium @AtlanticLithium]

Atlantic Lithium extends its gratitude to the EPA, as well as the chiefs and people of Krofu, for organising and hosting the second and final public hearing for the Company's Ewoyaa Lithium Project in Krofu, Central Region, at the end of last week.

Attended, once again, by over 1,000 stakeholders, the event served as another valuable opportunity for the Company to communicate the considerable benefits to be delivered at Ewoyaa and proactively address queries from members of our Project-affected host communities and the general public.

Following the successful completion of the hearing, Atlantic Lithium moves yet another step closer to completing the permitting process and breaking ground at Ewoyaa.

#ALL #A11 $A11 #ALLGH $ALLIF #Lithium #Ghana #Mining

[Atlantic Lithium @AtlanticLithium]

Remembering Atlantic Lithium Founder and CEO Vincent Mascolo, who we sadly lost two years ago today.

He would be incredibly proud of what the Company has achieved to date, which would never have been possible without his unwavering dedication and passion.

Vincent held his work, colleagues, friends and family so close to his heart.

He remains sorely missed.

#ALL #A11 $A11 $ALLIF #Lithium #Ghana #Mining

[ickleninja @ickleninja]

A momentous time for Ghana and @AtlanticLithium #lithium

[Atlantic Lithium @AtlanticLithium]

The historic moment that Hon. Samuel A. Jinapor granted Ghana's first Mining Lease for lithium to Atlantic Lithium’s Ewoyaa Lithium Project.

#ALL #A11 $A11 $ALLIF #Lithium #Ghana

[ickleninja @ickleninja]

Boom #MikeDrop #Lithium @AtlanticLithium

[Atlantic Lithium @AtlanticLithium]

We are pleased to announce that the Minerals Income Investment Fund of Ghana has agreed to invest US$32.9m in Atlantic Lithium to support the development of the Ewoyaa Lithium Project.

Full announcement: https://t.co/nVagWsujSt

#ALL #A11 $A11 $ALLIF #Lithium #Ghana #Mining

[ickleninja @ickleninja]

#ALL @AtlanticLithium #A11

[Patrick Brindle @Patrick_at_PLL]

A pleasure to be back in Africa, meeting w/ Ghanaian Minister of Lands & Natural Resources Samuel Abu Jinapor & #USAmbPalmer. Appreciate the opp. to discuss & coordinate on our investment in the Ewoyaa #Lithium Project. $PLL

[Atlantic Lithium @AtlanticLithium]

Atlantic Lithium - Response to Online Report & Restoration of Trading

Statement in response to the false and misleading report (the "Report") regarding its partner Piedmont Lithium Inc. released by Blue Orca Capital on 08 March 2023.

https://t.co/OVyS6ORv8u

#ALL #A11 $ALLIF

[ickleninja @ickleninja]

Assore buy more @AtlanticLithium #ALL #A11 #ALLIF

[Atlantic Lithium @AtlanticLithium]

Atlantic Lithium Limited announces that Assore International Holdings Limited's voting rights now sit at 25.06% of the issued capital of the Company.

Read in full: https://t.co/bRZVJEtj7D

#AtlanticLithium #ALL #A11 #ALLIF #Lithium

[Ricca Resources @RiccaResources]

Six significant gold targets at Dorothe are defined in approximately 15km of trenching at 200m spacing over a 3km x 1km surface area.

Identified additional gold targets within the Echbara, Am Ouchar, Kalaka and Nabagay licences.

#Ricca #Gold #Chad #Drilling #Mining

[ickleninja @ickleninja]

@GabaakeGG You may want to edit the photo with your office WiFi password displayed

[ickleninja @ickleninja]

#OwnYourData

[Gizmodo @Gizmodo]

Don't Use Facebook? Here's How to Check if It Has Your Phone Number and Email, and Delete Them https://t.co/wqurL4TeGQ

[ickleninja @ickleninja]

"Eye watering" profits coming #Lithium #ALL #A11 #ALLA

[Atlantic Lithium @AtlanticLithium]

Atlantic Lithium Executive Chairman @ALLTheChairman interview with @JeremyNaylor_IG @IGcom

Atlantic Lithium on how surging demand is swamping supply

Full interview: https://t.co/xaaoTP4BAZ

#ALL $A11 $ALLIF #Lithium #Ghana #Mining

[ickleninja @ickleninja]

#ALL #A11 #Lithium @AtlanticLithium

[𝙏𝙊𝙍𝙊 @Toro_AIM]

Liberum updated their target price for #ALL to 343p at spot of $5590 but spot prices have moved to over $7000 (PLS achieved $8000 at auction)

I can see new targets over 500p by end of the year

Not bad for a 32p share price!