#AFC move took a breather off resistance and returned to the 200ma support. Moving off the adjusted trend line. Rsi turning positive. Macd still above zero. Aroon direction needs to change direction. Massive market and contracts in. Upside here. DYOR
Atlantic Lithium has received the following two TR-1 notifications from major shareholders Assore International Holdings Limited and Piedmont Lithium Inc.
Assore and Piedmont now sit at 28.4% and 5.2%,
https://t.co/VQ9kWOKRIu
#ALL#A11 $A11 $ALLIF #Lithium#Ghana#Mining
I listened to this excellent discussion yesterday, via #Spotify👇
Strong observations from Rodney 20yrs & Howard 15yrs experience in the #Lithium space.
Li Co SP have been hit hard for 18 months but supply will be short again due to mothballed projects.
Everyone is talking about M&A in #Lithium and investors are speculating "who is next?"
#ALL's biggest shareholder Assore has tabled 2 bids at 33p - both rejected by the board (far too low)
Assore last week increased their stake in #ALL by 4% now sitting at 28.5%
5+ mainstream mining media outlets have published articles suggesting that Assore are preparing another bid
Rumours circulating that Assore are set to increase their previous bid to get past board approval
Assore have the cash and they're backed by billionaires and a multi-billion global conglomerate
A bid of 50p would not be unexpected but would significantly undervalue the business and it's potential
Another interesting couple of weeks ahead in the #Lithium space.......
#AFC that’s the break of the 22p resistance. Now needs to close above to send it higher. Let’s see if it can test 24p next session. Rsi,Macd and Aroon direction positive. Massive market. New deals signed. 9ma support rising. Upside here. DYOR!
@Toro_AIM Yep, unexpected but exciting news. Getting those licences is a good move.
Remember #ALL the outcropping from years ago & RNS with this geologist👇
No wonder @KolffLen is smiling. He knows what #Lithium he’s secured to explore further 👉Outcropping Spodumene rich pegmatites👏
#ALL Bewazde license is not part of the original Cape Coast licenses. This is brand new, out of the box and unexpected.
It is not a huge area but location is significant and adjacent to Egyasimanku Hill which the Geo's believe to be a giant lithium pegmatite.
Grant of license at this specific location demonstrates that the Ghanaian government is pushing forward to support a much bigger resource, a much longer mine life AND eventually enough lithium to justify a conversion plant.
We know from reconnaissance around Egyasimanku Hill that many surface swarms exist. Auger drilling will reveal what's beneath the surface.
A very exciting addition to the Cape Coast!
33p🤔 Seriously.
$A11 +46.75% 📈on the low ball offer.
#Assore know whats coming & what’s in the ground BUT so do @AtlanticLithium#Ewoyaa’s a Top10 Globally significant #Lithium#Spodumene project & the MRE is headed to 50Mt-75Mt.
Now add #ALL#CapeCoast & let’s say £1.33
#ALL#Lithium#Ghana🇬🇭
Vincent #Mascolo was on
‘Mission Impossible’
Well you know what, #ALL the groundwork years ago has just paid off as the @AtlanticLithium team delivered the #Ewoyaa Mining Lease👏
Btw Vince had to watch this clip a few times before he realised it was him
Congratulations @AtlanticLithium@ALLTheChairman@KolffLen@keith_at_A11@AmandaHarsas
A monumental achievement for #ALL, a mining game changer and massive economic boost for Ghana, huge importance for West Africa and beyond, critical to the North American EV supply chain and most importantly, life changing for so many people on the Cape Coast in Ghana.
A testament to your hard work, tenacity and patience.
👏👏👏👏👏👏👏👏👏👏
Atlantic Lithium is delighted to announce that a Mining Lease has been granted for the Company’s flagship Ewoyaa Lithium Project in Ghana, marking a major step towards production.
Full announcement here: https://t.co/Wd54EAs7Id
#ALL#A11 $A11 $ALLIF #Lithium#Ghana#Mining