Andrada Mining Share Discussion Threads

[lasata] 11/3/2021 09:21

Producing 500 Tonnes p.a. of tin....Mk Cap to cheap imo.

[lasata] 11/3/2021 09:21

Tin price firming further today.....

[ukgeorge] 11/3/2021 08:43

It is a good morning :)

[lasata] 10/3/2021 15:15

Tin prices firm again today.......

[outlawinvestor] 10/3/2021 14:29

It's in the June operational update.

[koolio] 10/3/2021 14:05

Outlaw. Could you please point me to where you found the current production cost per tonne for Uis. I have found the projected cost for Mokopane but not for Uis although I seem to recall seeing it at somewhere around $13,300 per tonne dropping as low as $8,800 as we hit full scale.

[outlawinvestor] 10/3/2021 13:01

At current tin prices ATM's gross margins are second only to a loan shark! Throw in the by-products and expansion and your average loan shark will be green with envy!

[lasata] 10/3/2021 12:09

Not sure why the "troll" mentioned "says the mine can't work"?

Seems to be working well in the twitter video above....

[lasata] 10/3/2021 12:07

Dom Frisby article which some referred to on here last week

"As for a penny stock that could make your investment go up by several multiples or lose you everything, consider Afritin (Aim: ATM). In addition to tin projects in South Africa it is in the course of bringing the Uis project in Namibia, once the world’s largest open-cast tin mine, back into production, and this week announced that its “tin production concentrate production totalled 194.5 tonnes for the fourth quarter, representing a 28% quarterly increase compared with the previous quarter, and exceeding the 180 tonnes production target. Total production for the 2021 financial year amounted to 473 tonnes of tin concentrate.”

So far, so good then – though I am currently being trolled on Twitter by a chap with greater mining knowledge than my own, who says the mine can’t work and that it is too dependent on the lithium and tantalum by-product to be economic. My view is that higher tin prices will solve that.

Bottom line: It’s a bull market. Everything flies in a bull market. But it’s also an Aim-speculative mining play. While there is the potential to make your investment back many times over, there is a lot that can go wrong. Stay around for a good time, but not a long time."

[outlawinvestor] 10/3/2021 12:02

lasata - yeah! My first thought was "looks like a big boys' playground!"

[lasata] 10/3/2021 11:53

Outlaw....looks an easy mining operation

[bobbieblock] 10/3/2021 11:07

hxxps://moneyweek.com/investments/commodities/industrial-metals/602903/the-next-big-bull-market-in-metals-look-no-further

[outlawinvestor] 10/3/2021 10:15

Morning views from Uis! - short mining video on Twitter...

[bobbieblock] 09/3/2021 16:56

That’s at today’s tin prices.

[lasata] 09/3/2021 15:14

Can anyone comment further on my production figures/valuation posted earlier today.....

[fullbreakfast] 09/3/2021 14:18

Today's nice rise highly predictable to me as I sold a few of these yesterday to increase my position in ARCM.

Luckily I've still got 80% of what I had and will be holding on to them.

[ukgeorge] 09/3/2021 13:56

Very concise description of what is coming

[a2584728] 09/3/2021 13:55

This is going to be 4 x this price in a couple of weeks. So under valued. Wait and you shall be rewarded

[lasata] 09/3/2021 13:37

Mkt cap...£40m

Producing 500 tonnes tin p.a. valued at £10M

Plus tantalum worth ??

SP seems cheap

And now we have a clear chart breakout from the flag targeting 7p initially.

[ukgeorge] 09/3/2021 13:09

Just started listening to this it is by the Tungsten West chairman Mark Thompson.

[bobbieblock] 09/3/2021 12:37

10p, that’s only £80mil for a multi-metal miner with a huge, low cost resource! What will the price be with the expansion and tantalum.....

[ukgeorge] 09/3/2021 11:55

yabba dabba doooooooo roll on 10p

:)

[3ootuk] 09/3/2021 10:30

Why the price monitoring extension? Perhaps we might get a late reported large trade to go with that?

[lasata] 09/3/2021 10:16

I am no expert but i like the chart.....

[ukgeorge] 09/3/2021 08:18

hopefully push through 5p in the next few days