Atlantic Lithium Limited (ALLIF)

Other OTC - Other OTC Delayed Price. Currency in USD

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0.4619

+0.0555

(+13.65%)

At close: 03:01PM EDT

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High price of oil is driving buyers to electric vehicles in record numbers. Battery Metal stocks like ALLIF will start running again and RMESF just started moving up and is extremely undervalued. Long range forecasts call for dramatic rising metals prices.
https://richardacavalli.wixsite.com/greenplanetmicrocaps/rmes-readies-for-copper-shortage
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Risky stock
Neutral
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1km from the road... 100 km from the port... one of the cheapest lithium in the world to delivery
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According to the 2 industry analystscovering Atlantic Lithium, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2023, before generating positive profits of AU$17m in 2024. So, the company is predicted to breakeven approximately 3 years from today. How fast will the company have to grow each year in order to reach the breakeven point by 2024? Working backwards from analyst estimates, it turns out that they expect the company to grow 87% year-on-year, on average, which is
extremely buoyant. Should the business grow at a slower rate, it will become profitable at a later date than expected.
Neutral
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If the data quoted in the article published by Accesswire today is correct, ALLIF still has a long way to go. It is probably another 3 more years from now before they can start the production. Are their workers/contractors digging holes by hands?
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Genprex, Inc.
PJ......I just saw your posts.......I researched (5) Lithium companies. ALLIF has the most growth opportunity. The EV demand is up & this drive the demand for Lithium for the next 5 to 10 years. I got into ALLIF at its infancy $0.39, similarly when I bought Genprex at $0.30, when very few heard of Genprex. I already started research after & beyoubd the Lithum technology. $GNPX, $ALLIF
Bullish
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IronRidge Resources is an AIM-listed, Africa focused minerals exploration company with a significant lithium pegmatite discovery in Ghana, extensive gold portfolios in Côte d'Ivoire and a potential new gold province discovery in Chad. As announced on 1 June 2021, IronRidge intends to demerge its suite of gold assets into a separate listed entity. As announced on 31 August 2021, Piedmont Lithium to fully fund the Ewoyaa lithium project in Ghana.

Ghana
The Cape Coast Lithium portfolio covers some 684km2 and includes the newly discovered Ewoyaa Lithium Project with a maiden Mineral Resource estimate of 14.5Mt at 1.31% Li2O in the inferred and indicated category including 4.5Mt at 1.39% Li2O in the indicated category (reported in accordance with the JORC Code). The Company entered into earn-in arrangements with Obotan Minerals Limited, Merlink Resources Limited, Barari Developments Limited and Joy Transporters Limited of Ghana, West Africa, securing the first access rights to acquire the historical Egyasimanku Hill spodumene rich lithium deposit, estimated to be in the order of 1.48Mt at 1.67% Li2O and surrounding tenements. The tenure package is also prospective for tin, tantalum, niobium, caesium and gold, which occur as accessory minerals within the pegmatites and host formations.

Côte d'Ivoire
The Company entered into conditional earn-in arrangements in Côte d'Ivoire, West Africa; securing access rights to highly prospective gold mineralised structures and pegmatite occurrences covering a combined 3,982km2 and 774km2 area respectively. The projects are well located within access of an extensive bitumen road network and along strike from multi-million-ounce gold projects and mines. The Company's most advanced project is the Zaranou gold project which includes high-grade gold drilling intersections along 8km strike including 6m at 6.44g/t gold from 132m, 6m at 15.11g/t gold from 26m, 4m at 5.16g/t gold from 110m and 22m at 3.39g/t gold from 8m within a broader 47km long gold anomalous structure.

Chad
The Company's Tekton Minerals Pte Ltd of Singapore holds an extensive portfolio covering 746km2 of highly prospective gold and other mineral projects in Chad, Central Africa. IronRidge acquired 100% of Tekton including its projects and team to advance the Dorothe, Echbara, Am Ouchar, Nabagay and Kalaka licenses, which host multiple, large scale gold projects. Trenching results at Dorothe, including 84m at 1.66g/t Au (including 6m at 5.49g/t & 8m at 6.23g/t), 4m at 18.77g/t Au (including 2m at 36.2g/t), 32m at 2.02g/t Au (including 18m at 3.22g/t), 24m at 2.53g/t Au (including 6m at 4.1g/t (including 2m at 6.2g/t) and 2m at 6.14g/t), 14.12g/t Au over 4m, 34.1g/t over 2m and 63.2g/t over 1m, have defined significant gold mineralised quartz veining zones over a 3km by 1km area including the steep dipping 'Main Vein' and shallow dipping 'Sheeted Vein' zones.

Corporate
IronRidge made its AIM debut in February 2015, successfully securing strategic alliances with three international companies; Assore Limited of South Africa, Sumitomo Corporation of Japan and DGR Global Limited of Australia. Assore is a high-grade iron, chrome and manganese mining specialist. Sumitomo Corporation is a global resource, mining marketing and trading conglomerate. DGR Global is a project generation and exploration specialist.
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Alpha Lithium Corporation
In since $0.39. Hold for long-term. Good luck to ALLIF true longs $ALLIF, $GNPX
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$GNPX conversation
VOR is a two faced person.. I will post other messages of his own words... He is liar and trades on high risky stocks... At least he still has a chance to turn his portfolio by looking at EE portfolio list and take that example and see how he invests... EE does not trade.. he invests... He has low risk high returns and some high risk and high returns but need to be prepared for the risk. Risky stocks should be 15% for the people with smaller portfolio to be able to manage the risk.. and all the low risky stocks should be diversified too...

I will also answer about ALLIF... When EE has suggested ALLIF was trading around .30 cents... My VOR has asked the below question on the forum..

EE has suggested to hold on as he investigating other stocks. Copied the message below from EE. He asked to hold on as he saw something is not correct with ALLIF... but VOR never reads... he never times the stock.. ALLIF is still trading above EE suggested price i.e. at 0.58 currently... and has reached to .68 recently too.. This stock is still not bad too.. since it has trading about EE suggested price...

E.E5 months ago
Genprex, Inc.
When NIO, TRIL and CYDY had recent bear raid, or analyst downgrade last couple days, I mentioned fire sale & The analyst downgrade turned out farce, as I mentioned. But, we have a few long impatiently YOL. smart long-term investors took advantage of discounted shares for NIO, CYDY, TRIL, as I have. The ALLIF lithium stock doesn't provide me the same reason to accumulate more shares at this time. I have conflicting info with Lithium prices dropping & demand is up. Most of these 5 Lithium stocks I researched will probably do well in the next 10 years, as the current demand for Lithium-Ion batteries & Future Lithium-Sulfe batteries will be in great demand. Just my research. You should have done yours as well.

The Voice of Reason5 months ago
$ALLIF conversation
$1.00 per share, just broke. Time to still buy in......
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$LIACF conversation
When #LIACF pops, #ALLIF usually follows the next day. Loading up.
Bullish
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$ABML conversation
I’m a new holder of $ABML bought today. Also $LIACF and $ALLIF. Let’s see who gets first to a $$$
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Cannacord Genuity upgraded their buy note with a pt of 86c
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IronRidge Resources Limited
Notice of AGM - 26 October 2021
Proposed Gold Demerger & Change of Name

The Board of IronRidge Resources Limited (AIM: IRR, "IronRidge", "IRR", or the "Company") is pleased to advise that this year's Annual General Meeting ("AGM") is to be held at the offices of the Company at Level 33, Australia Square, 264 George Street, Sydney NSW 2000 on Thursday, 18 November 2021 at 11:00am (Sydney time, Australia).

Ahead of this year's AGM, Vincent Mascolo, Chief Executive Officer of IronRidge, said:

"The last 12 months has been the strongest performing period on record in the Company's history and the upcoming AGM will set a new marker as the Company proposes to reposition its assets to deliver shareholders a far more attractive investment into two newly branded companies, with a strategic focus on either gold or lithium: Ricca Resources Limited and the Company (proposed to be re-named Atlantic Lithium Limited), respectively.

"The proposed demerger of IronRidge's gold assets follows on from IronRidge's July statement regarding the Company's agreement with Piedmont Lithium Inc. ("Piedmont"), a Nasdaq listed lithium exploration and development company, to fully fund and fast track the Ewoyaa Lithium Project ("Ewoyaa" or "the Project"), part of the Company's Ghanaian Cape Coast Lithium Portfolio, to production.

Highlights for the Proposed Gold Demerger:

· The proposed demerger of the Company's gold assets is subject to shareholder approval as outlined in Resolution 1 in the Notice of Meeting materials and in summary;

The Directors believe that current market conditions suggest that:
IRR is currently undervalued on its lithium portfolio only; and
IRR is receiving little to no value for its extensive gold portfolios.

· The proposed demerger is designed to unlock shareholder value across both the Company's gold and lithium portfolios.

· The proposed demerger is part of the growth strategy for IronRidge, and today's news represents a truly unique opportunity for shareholders to benefit from potential upside in two distinct and diversified companies at an opportune time for gold and lithium, respectively.

· The proposed new gold company will be called Ricca Resources Limited ("Ricca") and will remain unlisted at this stage.

· The Company will not retain any interest in Ricca following the proposed transaction.

· Post the proposed demerger IronRidge will maintain a strong cash position of c.US$22m.

NEW BRAND - ATLANTIC LITHIUM LIMITED

· The proposed name change of the Company to Atlantic Lithium Limited is subject to shareholder approval as outlined in the Special Resolution 7 in the NoM materials.

· The name change is timely and in line with the Company's core focus and strategy to fast-track development of its industry standout Ewoyaa Lithium Project in Ghana.

· Our new brand will be the future of the Company as we reposition ourselves on the eve of the electric vehicle and stored energy revolution.

· The name Atlantic Lithium speaks to the notion of asset location and main markets the company ultimately expects to service with high grade lithium concentrate.

· The AIM trading symbol (or "TIDM") will change from "IRR" to "ALL" to reflect this name change.
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Jadar lithium project with Rio Tinto in Serbia has license revoked. Atlantic even more valuable to the West now for crucial lithium supplies
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No symbol for OTC?
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Nice close at 37p today! Huge volume, I think the investors on the LSE are waking up !
Bullish
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Buying 40,000 shares on open Monday. Small starter position.
Bullish
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$LIACF conversation
More room to go with #LIACF and #ALLIF
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This stock mainly trades on the London AIM market. Possible ASX listing to come. Easily one of the best opportunities for a profitable investment in lithium . Ongoing drilling results will likely prove up a much higher resource figure than already published to date. PLL have provided finance to take the mine to production so no capital raising required. Currently Atlantic Lithium has $20M in cash to finance more drilling including their adjacent recently acquired license area. PFS coming and ROM will likely grow substantially . Hydro electric grid right by proposed minesite. Main coastal highway runs on the edge of the resource area. 2hrs drive to the fully operational deep sea port of Takoradi. Ghana has an established pro mining culture . Please dyor.
Bullish
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IRR.L reached a 52 Week low at $16.73