A11 atlantic lithium limited

Mining Lease Ratification, page-43

  1. 305 Posts.
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    The mining lease was expected to be ratified end of July and it wasn't, and the company decided not to go ahead with their modular DMS for early ore processing. The first one is out of the company's control but management set expectations that there was a very good chance it would be done at the first parliament sitting. And the second is a good decision based on the price of lithium at the moment, but it also means a delay in production and processing timelines. So my opinion in those events have taken some wind out of the sails which is reflected in some investors selling down and reallocating elsewhere.
    Last edited by buxomley: 14/08/24
 
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