Sep. 17 at 3:26 PM
$ATLX $ATLX Just to clear up some confusion Atlas Lithium is not doing a RS; it's 30% owned subsidiary Atlas Critical Minerals
$JUPGF is in relation to an IPO/uplisting application after publishing a SK1300 with strong rare earth and other results.
The other issue is the MPF (Brazilian prosecutor office) has called for a review of issuing mining permits and of past issued permits. The issuing authority does not need to comply and I doubt there will be any clawback of issued permits. This has caused a 2 year delay in the Lithium Ionic
$LTHCF project which they addressed in a updated FS today. Atlas currently has about 2mt (location-wise) of sc %1.3 and production covered under its existing permit. The balance of the 7.25mt neves project, roadways and tailings piles are awaiting permitting.
Same issues worldwide in mining industry, business minded vs environmentalists with people holding their hand out along the way.