Too bad someone beat me to it. This morning in Germany, when I usually check my watchlist for HC, I noticed that HC has included Atlantic Lithium for the first time. So I thought it would be a great honor for me to put the very first post on A11 as a shareholder in ALL.LSE since last year. I thought I might do it later in the day, but unfortunately I hesitated too long. So credit where credit is due and in this case it was @galanthophile
I've started buying ALL in several tranches since November of last year at the LSE, because I'm absolutely convinced that ALL will be a big winner in the lithium games where I have others too. Don't worry about Africa, their lithium project is in Ghana, a very solid and metals rich country in Africa. Roughly one year ago I took some positions in another lithium play in Zimbabwe, where most of the people i know just wrinkle their noses. If you compare for example country risks for Australia with Ghana and Ghana with Zimbabwe, there are huge differences, see e.g. figures from page 10-12 of that pdf https://gcrratings.com/wp-content/uploads/2022/06/20220621-Country-Risk-publication.pdf Did all of you know, what happend with that company not long ago? I tell you: China's Zhejiang Huayou Cobalt, one of the world's biggest producers of cobalt, recently completed a $422 million purchase of the hard-rock lithium mine just outside Harare from Australia-listed Prospect Resources (PSC) and other Zimbabwean minorities. So, you know I was not unhappy thereoff which brought me huge profits! I just reinvested a small part in ALL again and will do so furthermore when sp does please me.
Why am I so convinced? Our project is fully funded through PLL and aims for an IRR of a staggering 194% ! My question: where can you find something comparable on the ASX ? So I congratulate all future holders in A11 on ASX, who have the same conviction than me !
If you are interested in A11, I encourage you to read all the talks on the LSE boards for more information or thoughts from other investors too see: https://www.lse.co.uk/ShareChat.asp?ShareTicker=ALL&share=Atlantic-Lith You might find something there that you didn't know before. So have a nice weekend and maybe you have the chance to inform you from those boards a little bit more. Greetings from Germany and GLTA , being new or old holders.
A11 Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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which brought me huge profits! I just reinvested a small part in ALL again and will do so furthermore when sp does please me.
(20min delay)