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40.0¢ atlantic lithium limited

News: A11 Atlantic Lithium's Ghana mine poised to begin production by 2024, page-8

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lesv

3,104 Posts.

573

03/10/22

15:30

Post #: 64001823
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Originally posted by Weally: ↑

Seems your twitter friends are forgetting that A11 won't own 100% of Ewoyaa output unless they can pull $125M USD out of thin air and throw their partner out in the process, and equivalently not 100% of the earnings and even then it is not accounting for the royalties to the Ghana government.

PLL are also only funding $70M USD of the $125M USD required by the updated PFS, so A11 will need to find $27M USD. A ripple in the pond for PLL but over 10% dilution at A11's current price. It would be nice for PLL to come to the table further here.

Reserves will undeniably grow with extensions to Ewoyaa Main and to a lesser degree Grasscutter.

Nor will they be selling all of the spodumene concentrate into current spot pricing but rather 50% will be tied to some PLL formula. So again, those twitter numbers are incorrect. Too many people are overstating up and coming developers into spot pricing which for the significant majority, is not how they will be selling their SC product.

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you forgot to highlight the last few words in your referenced announcement “ensuring ironridge (now Atlantic) captures value-add margins”

A11 Price at posting: 61.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 40.0¢		Change 0.015(3.90%)		Mkt cap ! $259.8M

Open	High	Low	Value	Volume
41.0¢	41.0¢	40.0¢	$77.00K	190.3K

Buyers (Bids)

No.	Vol.	Price($)
8	45051	40.0¢

Sellers (Offers)

Price($)	Vol.	No.
40.5¢	25823	5

View Market Depth

No.	Vol.	Price($)
8	45051	0.400
2	29334	0.395
1	100000	0.390
4	179876	0.380
2	9621	0.365

Price($)	Vol.	No.
0.405	25823	5
0.410	15000	1
0.420	5000	1
0.425	57098	1
0.430	10000	1

Last trade - 13.16pm 30/04/2024 (20 minute delay)


Last 39.5¢			Change 0.015 ( 3.95 %)
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Last updated 13.55pm 30/04/2024 ?

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