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How to buy Atlantic Lithium shares

Ghana to develop its first lithium mine following the listing of Atlantic Lithium.

Name

Ticker

Listing

Issue Price

Capital Raised

Atlantic Lithium Limited

A11

26 September 2022

$0.58

$13.25m

How to buy Atlantic Lithium shares

Want to start buying A11 shares but not sure how? Learn how to buy Atlantic Lithium stock on the Stake stock trading platform below.

1. Find a stock trading platform

To buy shares listed on the Australian stock market, you'll need to sign up to a broker with access to the ASX or CBOE. There are a number of share trading platforms in Australia, of which Stake is one.

2. Fund your account

Complete an application with your personal and financial details. Fund your brokerage account with a bank transfer, debit card or even Apple/Google pay.

3. Search for Terra Uranium Limited

Find the share by name or ticker symbol: A11. Do your own research to ensure it is the right investment product for your own circumstances.

4. Choose an order type and buy A11 stock

Buy on any trading day with a market order or use a limit order to delay your purchase of A11 shares until it reaches your desired stock price. Look into dollar cost averaging to spread out your risk, which smooths out buying at consistent intervals.

5. Monitor your investment

Optimise your portfolio by tracking how your stock and the business perform with an eye on the long term. You may be eligible for dividends and shareholder voting rights that affect your stock.

Atlantic Lithium overview

London-listed lithium explorer and developer Atlantic Lithium hit the ASX in September 2022, aiming for a bigger pool of investors.

The African-focused explorer completed a $13.3m raise as it looks for better liquidity and M&A activity in its dual listing. It’s currently listed on the United Kingdom’s Alternative Investments Market, where it will continue to be traded. 

The flagship tenement for Atlantic is its Ewoyaa Lithium project in Ghana, West Africa, where the company just completed a pre-feasibility study. 

According to its study, the project has an estimated value of US$1.33b and will recover its build costs in just five months. 

Interim CEO Lennard Kolff said the study illustrated Ewoyaa as an industry-leading lithium asset, which he said could generate over US$4.84b in revenue over a 12-year period. 

Part of its initial funding for the project comes from a US$103m funding agreement with Piedmont Lithium (PLL), which owns a 9.91% equity stake. 

Piedmont has the right to earn up to 50% at the project level for 50% SC6 spodumene concentrate offtake at market rates by solely funding US$17m towards studies and exploration and US$70m towards mine capex.

Atlantic also has two other applications pending that cover a combined 774km2 area for lithium in the Ivory Coast. 

Atlantic Lithium is available to trade under the ticker $A11 on Stake, sign up today!

This is not a recommendation to invest, as always do your own research.