#ALL Atlantic Lithium AIM Listed 27.3p to buy. 𝚁𝚎𝚌𝚎𝚗𝚝 𝚘𝚏𝚏𝚎𝚛 𝚏𝚛𝚘𝚖 𝚖𝚊𝚓𝚘𝚛 SA miner Assore 𝚊𝚝 𝟯𝟯𝗽 𝚍𝚎𝚌𝚕𝚒𝚗𝚎𝚍 NPV8 US$1.5bn, mcap £165m 50% ᴏꜰ ᴏꜰꜰᴛᴀᴋᴇ ꜱᴛɪʟʟ ᴀᴠᴀɪʟᴀʙʟᴇ, ᴇxᴘᴇᴄᴛᴇᴅ ᴛᴏ ʀᴀɪꜱᴇ ᴜꜱ$100ᴍ ꜰᴏʀ 5 ʏᴇᴀʀ ᴅᴇᴀʟ Production in 2025 𝗔𝗜𝗦𝗖 $𝟲𝟳𝟱 𝗶𝗻 𝘁𝗼𝗽 10 𝗰𝗵𝗲𝗮𝗽𝗲𝘀𝘁 𝗽𝗿𝗼𝗱𝘂𝗰𝗲𝗿𝘀. Spodumene currently $1700 Ghana one of most stable mining jurisdictions globally Ghana 𝖲𝗈𝗏𝖾𝗋𝖾𝗂𝗀𝗇 𝖶𝖾𝖺𝗅𝗍𝗁 𝖥𝗎𝗇𝖽 𝗐𝗂𝗅𝗅 𝗂𝗇𝗏𝖾𝗌𝗍 US$4️⃣1️⃣𝗆 𝗈𝗏𝖾𝗋𝖺𝗅𝗅 (𝗎𝗇𝗁𝖾𝖺𝗋𝖽 𝗈𝖿) 𝗧𝗼𝗽 𝟭𝟬 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 SC6 𝗽𝗿𝗼𝗱𝘂𝗰𝗲𝗿𝘀 𝗮𝘁 𝟯𝟲𝟱𝗸𝘁 𝗽𝗲𝗿 𝘆𝗲𝗮𝗿 Mining Lease granted Parliamentary ratification expected soon ⏳ 𝙊𝙣𝙡𝙮 3% 𝙤𝙛 𝙡𝙞𝙘𝙚𝙣𝙨𝙚 𝙖𝙧𝙚𝙖 𝙚𝙭𝙥𝙡𝙤𝙧𝙚𝙙 𝙬𝙞𝙩𝙝 35𝙈𝙩 𝙖𝙩 1.25% (25Mt is reserves) - tonnage WILL increase with current drill program CEO is ex GM Allkem (Mt Cattlin, producing SC6 mine in WA) Lots to come

50 new #Lithium mines required in the next 6 years according to Fraser Institute. It takes over 10 years from discovery to get a mine up and running #ALL's Ewoyaa mine will be online in 18 months. License to print money 💰 mining.com/web/global-ev-man…

#ALL are sitting on 560km² lithium tenure in Ghana 15km² explored so far 35Mt resource in the bag. Mining Lease granted *IF* only 10% of the remaining tenure is prospective.....that's 126Mt Personally I believe 100Mt is nailed on (in time) #ALL also have 2 x that lithium tenure in neighbouring Cote d'Ivoire The exploration upside is incredible

Not many guarantees in mining but when the government invests $42m, owns 13% of the project and 3% of the company and the project is expected to create employment for thousands of tax paying voters, you can bet they'll be pushing out all the stops to get to revenue generation

Appears that investors are worried about #ALL having to build a conversion plant in country 🤷‍♂️ Personally, I see this as a solid route to becoming a $2bn company. Plus that means #ALL would have to (at least) double their current resources first. Win win Looking at @LithiumIonBull @RodneyHooper13 Lithium Scoreboard then Chemical Production is the place to be. Think like a major. This is what ambition looks like.

#ALL moving from explorer to miner. #Lithium is very profitable (especially if you're one of the world's lowest cost producers) Retail don't seem interested in the story but institutions are not going to miss the potential profit on offer. As always #DYOR Mcap = $176m, Share Price 24p 👉AISC = $675 👈 Note these are production scenarios.... DFS Base Case ($1587 /t SC) #ALL's share of annual margin is $133m (£109m) EPS = 15.5p PE Ratio = 1.5 Current Spot ($2800 /t SC) #ALL's share of annual margin is $310m (£255m) EPS = 36p PE Ratio = 0.66 Mid Case ($4000 /t SC) #ALL's share of annual margin is $485m (£399m) EPS = 57p PE Ratio = 0.42 ATH Bull Case ($7000 /t SC) #ALL's share of annual margin is $923m (£760m) EPS = 108p PE Ratio = 0.22 $PLL Pilbara Minerals operates on a PE Ratio of 4.89 At current spot prices, the same PE Ratio would give #ALL a share price of 176p Mid case, $PLL's PE applied to #ALL would achieve 278p Base case (DFS) would mean 76p At some point the price gap between explorer and miner has to close OR the company gets taken out by a major player. Tick tock motherf*ckers