Atlantic Lithium secured up to £28m in funding for its Ewoyaa lithium project in Ghana, enabling progress despite reduced cash outflows. The share price increased 14.5% to 9.25p. Meanwhile, Maintel's revenues and profit forecasts were cut due to difficulties in closing deals, causing the share price to slump 22.2% to 140p.
Atlantic Lithium Secures Funding for Ewoyaa Project
Atlantic Lithium Corporation (NASDAQ: ATLX) has secured up to £28 million in funding for its Ewoyaa lithium project in Ghana, enabling the company to progress despite reduced cash outflows. This funding injection has bolstered the company's financial position and is expected to facilitate the development of the project. The share price of Atlantic Lithium has increased by 14.5% to 9.25p, reflecting investor confidence in the company's ability to navigate market challenges [1].
Maintel Holdings Adjusts Revenue Forecasts
Maintel Holdings Plc (LSE: MAI), a UK-based provider of managed cloud communications, security, and connectivity services, has revised its revenue expectations for FY 2025 to around £95.0 million. This adjustment is due to delays in closing pipeline opportunities and the loss of a major customer contract. Despite these setbacks, Maintel has secured two significant new contracts worth a combined £9.7 million, including an SD-WAN managed service for a prominent UK retailer and a managed local network and Wi-Fi agreement with a county police authority. The company's share price has dropped by 22.2% to 140p, reflecting investor concerns about the company's ability to meet its financial targets [2].
Dell Technologies' Q3 Profit Forecast Misses Estimates
Dell Technologies' stock dropped 7% in premarket trading after the company projected a soft Q3 profit. The Round Rock, Texas-based tech giant reported adjusted earnings per share (EPS) of $2.45 at the midpoint, falling short of the $2.49 expected by analysts. Despite the earnings miss, Dell's forecasts for Q3 revenue and full-year profit and revenue came in above Visible Alpha consensus. The primary driver behind the company's performance is the exceptional demand for its AI solutions, which led Dell to lift its full-year AI server shipment guidance to $20 billion from $15 billion. This increased guidance is seen as positive news for Nvidia and Micron Technology [3].
Conclusion
The financial markets continue to present a mix of challenges and opportunities for companies in the lithium and technology sectors. Atlantic Lithium's funding for the Ewoyaa project and Maintel's new contracts provide a glimmer of hope for investors, while the market's reaction to Dell's Q3 profit forecast underscores the ongoing volatility in the tech sector. Investors should remain vigilant and conduct thorough research when making investment decisions.
References
[1] https://www.nasdaq.com/press-release/atlas-lithium-subsidiarys-iron-quadrangle-project-track-q4-2025-revenues-2025-09-02
[2] https://uk.advfn.com/market-news/article/4506/maintel-holdings-cuts-revenue-guidance-after-deal-loss-but-secures-new-contracts
[3] https://www.ainvest.com/news/dell-q3-profit-forecast-falls-short-ai-demand-boosts-full-year-guidance-2508/
Comments
No comments yet