A11 5.19% 40.5¢ atlantic lithium limited

A lot of significant moments are coming, next takeover bid a 100% premium to the share price?

  1. 38 Posts.
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    Ratification: incoming from 6th Feb onwards (near future)

    Offtake: finishing up, half a dozen companies, up to US$100million

    Ghana listing: by end of Feb (no new shares – they’ll buy existing shares)

    MiiF $28mil: expecting soon after very good meeting recently

    MiiF $11mil: funding for development, exploration and studies

    EPA permit: ahead of schedule and finalising

    Mining contractors: narrowed to 2 in the tender process

    Modular DMS: finalised by narrowing to 1 provider

    Resource: receiving more assays and higher reserves to be declared this year

    Assore: they’re keen on the project, any further bids or hostile approaches will come to the market. Current bids are a 70% premium to the sp, future bids should be 100%.

    Piedmont: they're continuing to make payments this year as per the staged earn in, resolving one outstanding payment for around $1mil from 2023. No issues and all rosy.

    Spodumene: well positioned as both a very low C1 opex ($377!) and AISC meaning no real concern over price fluctuations, lithium demand increasing, high cost suppliers shutting down.

    Will be in the top 5 biggest mines in the world!

 
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Last
40.5¢
Change
0.020(5.19%)
Mkt cap ! $263.1M
Open High Low Value Volume
41.0¢ 41.0¢ 39.5¢ $166.1K 414.0K

Buyers (Bids)

No. Vol. Price($)
2 14000 40.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.5¢ 12700 1
View Market Depth
Last trade - 16.10pm 30/04/2024 (20 minute delay) ?
Last
39.5¢
  Change
0.020 ( 3.95 %)
Open High Low Volume
41.0¢ 41.0¢ 39.5¢ 43196
Last updated 15.58pm 30/04/2024 ?
A11 (ASX) Chart
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