The Underwoods Diary

Carpe Diem. 🔂kwesi Arthur

[The Underwoods Diary @kafuicaphui]

" Be not afraid of Greatness, some are born great,some ACHIEVE Greatness and others have Greatness Thrust Upon them" #Believe

[Trevor Noah @Trevornoah]

If I ruled the world...

[The Underwoods Diary @kafuicaphui]

Soon.

[INTERIOR PORN @INTERIORPORN1]

Lake Como, Italy 🇮🇹

[The Underwoods Diary @kafuicaphui]

@Citi973 If the parking fee we've been paying all these yrs cldnt extend (expand) itself then nothing you collect nw can... adwuma na wa shish3.

[The Underwoods Diary @kafuicaphui]

😁😄😄

[𝙒𝙢. @excusewilliam]

Started with Ghanaian women and ended with them.

Our greatest export fr, make cocoa go sit somewhere for back

[The Underwoods Diary @kafuicaphui]

@jeffwellz 😁

[The Underwoods Diary @kafuicaphui]

@KafuiDey Sat through to 11pm ish last night. I jx cldnt pause it for sleep. I liked her energy. You alwys got the Goodstuff!

[Nervana Mahmoud @Nervana_1]

Guyana is the only English-speaking South American country, but the BBC decided to gaslight its president.

Kudos to President @DrMohamedIrfaa1 ( a Muslim btw) for BBC’s Stephen Sackur firmly in his place as @JamesMelville highlighted

https://t.co/k90XVtNeDy

[The Underwoods Diary @kafuicaphui]

@PrinceKAmoabeng @pkaleadershipf Forward is forward!

[Prince Kofi Amoabeng @PrinceKAmoabeng]

People said, “He’ll trip and fall.”
Maybe I have. I carry the scars to prove it
But I’d rather step forward and fail than stand still and call it safety
Every fall has made me stronger, every wound wiser.
This Monday, take the step.
Forward is forward
Capt. P.K. Amoabeng. Rtd

[The Underwoods Diary @kafuicaphui]

Same Old Same old, nothing seems to be changing—Structurally, just “Self preservation”

[Bright Simons @BBSimons]

1. Ghana's Mines Minister says lithium prices have fallen from over $3000 since the country's first lithium mine agreement was signed with Atlantic, a Sydney-based miner, to just over $630 today.

2. Because of that, the 10% royalty stake many Ghanaians were unhappy with would now be slashed to 5% because Atlantic says otherwise the mine won't be profitable.

3. He has sent the revised mining agreement to Parliament for ratification of the above terms.

4. He didn't add any profitability analysis based on a revised "definitive feasibility study." But that's not even the big issue.

5. The big issue is that his numbers are his alone. They cannot be found anywhere on the record.

6. When the original agreement was signed in October, the price-benchmark for the lithium to be produced in the mine (spodumene 6% Li2O, CIF China) was just a little over $2200.

7. Because of lithium prices then, and the agreement terms, the profitability of the project was insanely high.

Breakeven/payback was 19 months (~1.6 years).

Gross Margin per ton on project cash cost basis was 76%

On industry-standard all-in (AISC) basis, gross margin was 62%.

Net margin (Net Profit After Tax/ Revenue over Life-of-Mine basis) was 35%

Basically, per the original numbers, the investors would have recovered all their investment in less than 2 years. Yep.

8. What Atlantic is now saying is that waiting for 4.5 to 5 years to recoup their investment is too long. Remember that the mine's all-in cost per ton is about $610. So, even at current prices they make a profit of about 30% per ton. Paying Ghana ~$98 per ton (at the original 10% royalty rate) should reduce their gross profit to about $260 a ton. Atlantic says that would be terrible! Bear in mind that corporate taxes are on operating income and not gross margin.

9. When the Ewoyaa area chiefs, clearly mobilised by Atlantic, demanded that Parliament proceed to ratify the agreement in January 2025, lithium prices were ~$800.

10. When the Agreement went to Parliament in August 2024 and Atlantic mounted a strong push for its ratification (approval) then, the price of lithium was ~$780.

11. Then the government changed.

12. Suddenly, Atlantic changes its mind and starts to insist that unless the 10% royalty rate that many Ghanaians protested against for being too low was slashed to 5%, they won't be able to mine.

13. Today, as the Minister was speaking about the matter, the price of lithium was around $990. That is to say, since Atlantic demanded approval of the OLD agreement in late 2024, the price of lithium has increased by over 25%!

14. How then can lithium prices be the reason for slashing the royalty rate, other than reasons best known to Mr. Minister?

15. Actually, the reason Mr. Minister can produce such numbers of his own design and use them to justify such a massive giveaway is because he has gauged the national mood. He knows the people who understand these things will stay mute.

16. So, why bother with a serious explanation? And the Parliament? Ah well, feel free to trust its members to hold the line.

[Wode Maya ® @wode_maya]

Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩
Genocide happening In Sudan 🇸🇩

[The Underwoods Diary @kafuicaphui]

Disgusting!
The abuse of office/position in this cntry is largely due to the absence of consequences. Tke the things we're hearing from the public Acc Comm. for example.
Zero Consequences!

[SIKAOFFICIAL🦍 @SIKAOFFICIAL1]

Alleged off duty military officer storms a pharmacy in Burma Camp to assault a male shop attendant and another woman over a no refund policy.

[The Nobel Prize @NobelPrize]

Tu Youyou became the first mainland Chinese scientist to be awarded a #NobelPrize in a scientific field - for discovering artemisinin, a malaria cure that’s saved millions. Today we reveal the 2025 medicine laureate. Stay tuned.

[The Underwoods Diary @kafuicaphui]

@Adikastakes No cap!

[The Underwoods Diary @kafuicaphui]

@char_osei Int Electoral Commissioner in Afghanistan.

[The Underwoods Diary @kafuicaphui]

@lordcudjoe Its the koklo for me .. lol

[The Underwoods Diary @kafuicaphui]

@kevthewave 😁😁

[The Underwoods Diary @kafuicaphui]

@jsenadl @trentfortunate @mzzaddyy 😁😁

[The Underwoods Diary @kafuicaphui]

😂😂😂🤣😆😆

[Aristotlektv @aristotledada]

Trump 😂

[The Underwoods Diary @kafuicaphui]

@NKOAB_Carr Outer space mood 😁😁😁… farrr away frm earth.