Assay TV is joined by Len Kolff, interim chief executive of Atlantic Lithium (AIM: ALL | ASX: A11 | OTC: ALLIF), a lithium exploration company focused on advancing its flagship Ewoyaa Project in Ghana to production.
Len informs us that Ewoyaa is a 30.1Mt @ 1.26% Li₂O spodumene pegmatite resource on track to become Ghana’s first lithium mine.
The project is funded under a co-development agreement with Piedmont Lithium (ASX: PLL) and benefits from governmental support, pre-established local infrastructure, and strong ESG credentials, further enhancing the project economics.
Len also explains that the company recently completed a PFS which demonstrated significant profitability potential, including post-tax NPV increases to US$1.33B, an internal rate of return increase to 224%, and a maiden ore reserve of 18.9Mt at 1.24% Li₂O.
Website: www.atlanticlithium.com.au
Primary tickers: AIM:ALL, OTC:ALLIF
Stages of development: Exploration, Development
Commodity: Lithium
Project to promote: Ewoyaa Lithium
Project location: Ghana
The Assay TV – Len Kolff, Interim Chief Executive, Atlantic Lithium (AIM:ALL, OTC:ALLIF) – 11/10/2022
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