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Share Name Share Symbol Market Type Share ISIN Share Description
Afritin Mining Limited LSE:ATM London Ordinary Share GG00BD95V148 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.26 -4.56% 5.44 5.30 5.60 5.70 5.25 5.70 4,431,079 16:35:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.1 -1.8 -0.3 - 61

Afritin Mining Share Discussion Threads

Showing 776 to 799 of 1075 messages
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
16/2/2021
08:46
How high are we going today :)
ukgeorge
15/2/2021
23:56
Cash close $ 28,899 tonne.
koolio
15/2/2021
22:07
LIVE FUTURES REPORT 15/02: LME tin closes above $24,000/t; new 2021 highs for most of complex Tin’s London Metal Exchange three-month price closed 3% higher on Monday February 15 at $24,385 per tonne, while the rest of the base metals prices continued to capitalize on bullish momentum with new year-to-date highs for all metals except for zinc. The tin price extended to $24,895 per tonne around midday, rising by some $1,000 in one hour. The short squeezing has resulted in the highest price for the metal’s futures contract since February 2013. Tin’s cash price rose by $5,000, coming to as much $30,501 per tonne on Monday, while its benchmark cash/three-month spread was in a $6,000 per tonne backwardation for some time, before settling at $5,240 per tonne backwardation at 5pm. hTtps://www.metalbulletin.com/Article/3975346/Tin/LIVE-FUTURES-REPORT-1502-LME-tin-closes-above-24000t-new-2021-highs-for-most-of-complex.html
outlawinvestor
15/2/2021
18:41
Apparently LME tin surpassed $29,000/tonne today... https://twitter.com/giginator_/status/1361370848813228034 WisdomTree Tin ETF (TINM) did pop over $46 this afternoon...
outlawinvestor
15/2/2021
18:26
Good day at the office for ATM. Vote of confidence from AfriMet and nice to be rid of the debt. I mean I’m mainly into tin to impress the hot chicks, but I reckon we may make a little money here too.
fullbreakfast
15/2/2021
18:15
very long informative article in the FT today about the "frenzied buying" of tin, the really low stocks and the lack of a pipeline to replenish. Demand for tin increasing rapidly as used in semi conductors and many other electrical uses. With the problems in Mayanmar - biggest supplier - There looks no short term solution which cannot but help ATM
raitt
15/2/2021
16:37
looks like this will be Afritin's highest ever close, no resistance above :)
ukgeorge
15/2/2021
16:34
lovely run today :)
ukgeorge
15/2/2021
11:47
s://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/ac3bb45a-1221-48ff-8c96-7fe788f3bcf4/AfriTinMiningLimited__Research_update_15_2_2021__FINAL_BG.pdf add http
ukgeorge
15/2/2021
10:45
Really good news on the Afrimet loan note and Tantalum off take. I assume now that in early March we will hear that Tantalum separation has made progress.
shieldbug
15/2/2021
09:38
And there goes the conversion of Afrimet loan note into shares.
3ootuk
15/2/2021
07:44
Excellent news. Anyone know the current tantalum price and how much they expect to produce this year?
bobbieblock
15/2/2021
07:20
Afrimet hold the £3.8m loan notes issued in Nov 2019. Longterm view from them shows they believed in a punt on the tin/tantalum production, given that they didn't off take the tin initially.
3ootuk
15/2/2021
07:16
I am delighted to report that the strong tin concentrate production levels have been maintained since November 2020. The first quarterly update on the production performance will be made to the market at the beginning of March 2021.
outlawinvestor
15/2/2021
07:09
Tantalum off take agreement signed, so hopefully that means they've got the separation circuit mostly sorted for that. Average price over preceeding two months with a good payment on loading, with a reputable purchaser.
3ootuk
15/2/2021
07:06
RNS: Offtake agreements - Renewal and extension of tin concentrate offtake agreement with Thaisarco for a further three years; and - Tantalum concentrate offtake agreement concluded with AfriMet including US$500k advance payment option. https://www.londonstockexchange.com/news-article/ATM/offtake-agreements/14864250
outlawinvestor
10/2/2021
18:53
It is very encouraging that the recent rise has been on such strong volume. Thanks for the broker note. Roll on 10p :)
ukgeorge
10/2/2021
11:42
Thanks 2magpies - i note their risked and unrisked targets are 12p and 15p accordingly, no specific timetable mentioned but the research note seems to extend to 2022.
montyville2
10/2/2021
10:47
Turner Pope note: https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/e348a190-d6b3-4595-9a32-fd0cd264c980/AfriTin_Reissue.01.pdf
2magpies
05/2/2021
22:36
thanks Monty your insights are much appreciated
kash125
05/2/2021
15:06
Difficult to work out a target price as usual factors like PE ratio need earnings and this company is not due to make a profit until next year 2022 (a recent interview I think). That said the rising tin price should hasten the breakeven point. Stockopedia are showing a forecast revenue of 17.7m in 2022, and a -1.3m net profit which equates to an EPS of approx -0.2p. To have a PE of 10 they would need an EPS of 0.4p which would need a net profit of approx 2.6m, at the current share price. This sounds achievable to me. I know this is very crude, and I am certainly no accountant, but it seems to support the current share price relative to near term profitability. Of course the share price for a junior explorer/producer is all about the potential rather than earnings. They are sitting on a huge resource and are looking to prove more of this resource as well as ramp up production. They have a busy year ahead to do both these things and a stream of positive newsflow should see this intangible value grow. However now that they are moving into positive cashflow they should not need to raise further funds by diluting equity, unless they want to accelerate growth in asset or productivity. Sorry for the long message but I wanted to find some kind of logic to answer the original question. Therefore I would say 10p is a realistic target price for the next year/18 months, as long as we get the positive newsflow. As I say I am no accountant, so this all may be nonsense. If others have a better way of forecasting share price growth - please share.
montyville2
05/2/2021
12:00
If they can produce tantalum at 200,000 a tonne and lithium at 9000 a tonne then I’m really not sure what the price target will be
bobbieblock
05/2/2021
11:29
whats the target price of this stock say end of the year?
kash125
05/2/2021
09:55
With the price at 25k and rising it would be great if the company updated the market on how much tin it will sell this month at spot and what the cashflow will be with tin at these levels. Lets face it they arent shy about telling twitter where the price is so lets see your hand Afritin how much you got here?
allonblack
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
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