Andrada Mining Share Discussion Threads

[melloteam] 12/3/2021 14:24

Just to let shareholders and prospective investors know that AfriTin will be presenting at Mello Tuesday Investing in Gold and Mining Event on Tuesday 16th March at 6pm-9:30pm. Use code MTGold70 for 70% off!
The webinar will include how to invest in Gold & Mining, covering everything from buying gold coins and bars through to stakes in gold producers paying regular dividends. We will also cover ETFs, gold indexes, gold exploration & mining companies and investment funds, featuring a number of presentations. The webinar will provide a broad range with a panel session to cover all these options and assessing the risks and opportunities now open to investors. We have a fantastic line up of company presentations from AfriTin, Condor Gold, Taseko Mining and Caledonia Mining.

[montyville2] 12/3/2021 14:11

UKGeorge - SAV is on my watchlist and I liked their update earlier in the week. My only concern is that they look like they will need to raise some cash in the next few months.

[ukgeorge] 12/3/2021 13:42

My entire portfolio except for one is mining related, these are the current star performer, SAV is also doing nicely a lithium play based in portugal, expecting a good year. I've got quite a few related to battery materials and the sector looks very promising.

[diamond1] 12/3/2021 13:28

Montyville2,

I'm involved in GPM and ALS as well as these, and that's enough mining stocks for me mate.

[montyville2] 12/3/2021 13:23

Diamond - I am the opposite as I prefer miners and oil stocks. I follow Joel Deakin on twitter, and while you obviously have to do your own research, he has alerted me to a number of strong resource stocks. I also follow Malcy's comments for oil companies and he has alerted me to a number of good situations. Obviously DYOR but thought I would share these sources that I 'trust' more than some of the other commentators.

[diamond1] 12/3/2021 12:55

Montyville2,

Let's hopr you're right. I don't have a great record when it comes to investing in miners.

[ukgeorge] 12/3/2021 12:38

decided to sell 100k shares, @6.645p still got 400k, and currently 175% up so seemed a sensible thing to do. Will hold on for 10p+ for the next sale.

[3ootuk] 12/3/2021 12:23

4m trade at 5.9p
I wonder if that's been a worked buy over the last few days, hence the major strength?

[montyville2] 12/3/2021 12:22

Diamond - agreed - The 'Tin story' is why I got involved.

Presumably Dominic Frisby gives what he writes some thought, and it was more a question to the community really, as I don't see a realistic scenario where everything is lost.

[3ootuk] 12/3/2021 12:19

I suppose with mining there's always the risk of a major disaster.
Caml had a tailings dam fail costing a fair bit in cleanup, Shell are being sued in the UK for pollution abroad (Nigeria). Plenty of companies in Africa have run foul of the Government's, though Namibia is more stable and we have good local relations.

[diamond1] 12/3/2021 12:14

Montyville2,

I don't know if you're missing something, I'm just relating what Dominic Frisby said in the Moneyweek article.

My reason for investing is more the 'Tin Story' than the company itself. Tin is looking to be in demand and there are very few ways to invest, other than the miners.

[montyville2] 12/3/2021 12:06

Diamond - welcome aboard - I think this is undervalued and the potential to multibag possibly tem times - but not sure I agree with the comment 'or lose the lot'. The company has been very circumspect to date moving from development to production on thier own. They are sitting on a large resource with sought after minerals and in Africa terms a relatively stable country, therefore I struggle to see what the potential scenario would be to 'lose the lot'.

Am I missing something?

[lasata] 12/3/2021 11:48

UKG....thank you.

Has anyone put a slide rule over ATM's valuation....just looks very cheap to my eye.

[lasata] 12/3/2021 10:56

Tin price steady today.......

How many shares in issue?

[ukgeorge] 12/3/2021 10:48

welcome aboard, the tin market is in a great place and afritin have a good asset in a good location that can be expanded, the management are alligned with the shareholders and doing a good job.

[diamond1] 12/3/2021 10:46

Just bought a few of these having read about them in Moneyweek just over a week ago.

Done a little bit of research since then of course. Interesting.

The writer said I could get ten times my money or lose the lot. Could be an interesting ride.

Must admit, I like the ticker symbol.

[koolio] 12/3/2021 09:31

Good spot, yeah they clearly got that wrong. It should be Tantalum off take with Afrimet. I posted it because of the phase 2 ramp up date mentioned which I believe will be more accurate than expecting it in the current financial year. I keep in mind that they only started producing concentrate in December 2019 so 15 or 16 months to get to this stage is Impressive. It looks like there is a lot more potentially good news to come in the coming days and weeks and if Tin keeps going should be happy days and a nice re-rate.

[raitt] 12/3/2021 09:09

Koolio - where did tungsten come into it?

[a2584728] 12/3/2021 08:26

One morning soon these will be double and away we go.

[bobbieblock] 12/3/2021 07:56

That’s a good sign. Remember the shoeshine boy rule. Means there’s still plenty of buyers to come in.

[koolio] 12/3/2021 07:34

Spot price of tin up 11.9% to $30,995 yesterday. I’m amazed that this type of movements are not getting more attention in the mainstream and financial press.

[lasata] 11/3/2021 15:40

Wali...that would be impressive

[wali19] 11/3/2021 14:16

Stage 2 development has already begun and on fast track. I can only assume it will finish in the next few months. Then Stage 3 and 4.I have not seen any firm timeline for the completion of Stages but it seems from the broker note that the Company will acheive the 1,000 T level of production in this financial year.