Piedmont And Atlantic: The Short Seller Report Is Unconvincing, But It May Cause Problems

Summary

  • Blue Orca Capital released a short seller report which makes serious accusations concerning both Piedmont and Atlantic.
  • The report centers around a joint venture in Ghana controlled by the two companies.
  • The allegations have political implications which could have profound effects on each.

Lithium abstract concept

Olemedia

This past Wednesday, Blue Orca Capital released a short seller report in which it lobs serious accusations at both Piedmont Lithium Inc (NASDAQ:PLL) and Atlantic Lithium Ltd (OTCQX:ALLIF). The allegations are centered around a

This article was written by

I’m a private investor looking for trades with 2-3 year time horizons. I publish on Seeking Alpha because I enjoy writing, and I like the increased clarity in thinking that comes from having to explain one’s ideas.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of SGML either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About ALLIF Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on ALLIF

Related Stocks

SymbolLast Price% Chg
PLLTL
--
ALLIF
--
PLL
--