Ann: APPOINTMENT OF FLOTATION SCOPING STUDY PARTNER, page-7

I rarely use ignore but you @macecap are extremely close.

To correct one inaccuracy you make - on 28 September 2022 Neil Herbert had an initial disclosure notice with 5,465,715 Shares and some April 2024 options.

On 20 March 2023 a director change notice was issued as Neil had acquired 1,883,177 shares on-market through the payment of A$932,530 (£517,497). The average purchase price was A$0.49519/share. This took Neil to owning 7,348,892 shares in Atlantic.

3 April 2023 - A change to Neil's director holding notice due to the issue of 2025 options (at £0.60). This issue price was approximately double the market price at the time so like a well designed executive compensation scheme, there is no free lunch from an easy target. Shares held remained at 7,348,892. He hasn't sold any shares, only bought more on-market at a price incidentally just above the current market price. The disclosure documents on the ASX show no trading of his own book to put money into another stock. That's just a fabrication made up by @macecap for some unknown reason.

Yes I'm familiar with the Lasaunde Curve. The discovery phase would have commenced with the 28 August 2018 drilling announcement that included:
GRC0004: 128m @ 1.21% Li2O from 3m; GRC0027: 111m @ 1.35% Li2O from 37m and GRC0015: 35m @ 1.49% Li2O from 3m. These remain among the best early stage drill results by any lithium company anywhere. The discovery phase is clearly complete, as is the feasibility phase where the project has been shown to have excellent economics. The company is progressing to the development phase but needs a mining licence permits for this stage to progress and this is taking longer than initial expectations. That would put Atlantic deep into the Orphan period where the initial excitement of the discovery has faded, but the project isn't yet into development generating cashflow. So as you have noted, its typically the bottom of the curve before large increases as the project goes into production and generates strong cash flows that attract institutional investors. So what was your point around this?