Andrada Mining Share Discussion Threads

[lasata] 11/5/2021 17:37

Makes sense and should go well

[ukgeorge] 11/5/2021 17:33

Thanks Outlaw not too bad a discount, will be interesting to see how the share price reacts tomorrow, normally drops to the placing price but hopefully given the recent Tin price these new holders will want to hold for a while so might not been as extreme.

[outlawinvestor] 11/5/2021 17:28

Proposed fundraising to raise approximately £10m



Placing price and exact amount of shares to be issued will be confirmed after the bookbuild, but if all £10m is raised and all c.167m shares are issued that works out at 6p per share.

[lasata] 08/5/2021 11:36

FT




"Elsewhere, tin on Thursday rose above $30,000 a tonne for the first time in a decade before easing. Tin is used to make solder — the substance that binds circuit boards and wiring — and is benefiting from strong demand from the electronics industry, which has been lifted by growing numbers of stay-at-home workers."

[outlawinvestor] 06/5/2021 16:49

Wow, July Tin @ ShFE briefly above CNY 200,000 earlier in the day!

[diamond1] 06/5/2021 10:32

Wallet Investor rates ATM as a 'Very good' investment, with a twelve month price of 9.8p.

hxxps://walletinvestor.com/lse-stock-forecast/atm-stock-prediction#:~:text=AfriTin%20Mining%20Limited%20quote%20is,up%20to%20%24326.61%20in%202026.

[outlawinvestor] 05/5/2021 20:43

Yesterday's RNS made the headlines on FastMarkets' Metal Bulletin

hxxps://www.metalbulletin.com/Article/3987854/Base-metals/AfriTin-to-expand-tin-output-amid-global-shortage-record-prices.html

And was covered by the ITA

ITA view: AfriTin‘s plans to expand the Uis tin mine come at a time when tin prices are reaching decade highs. Current LME prices are in excess of US$ 28,000/tonne, which according to AfriTin‘s DFS would increase its NPV by some 40%. This would bring the value of the project to some US$48.4 million, with a payback period of less than one year. Furthermore the DFS only includes tin products; the company intends to production tantalum and lithium oxide in due course.

Overall, the expansion to the Phase 1 operations at Uis will help in “de-risking the expansion of the project into the much larger Phase 2 operation that is intended to be 6 to 10 times bigger than the phase 1 operation”, according to Anthony Viljoen.

hxxps://www.internationaltin.org/afritin-uis-expansion-feasibility/

[a2584728] 05/5/2021 19:13

Breakout. Blue skies 12p in 10 days imho

[mold breaker] 05/5/2021 08:31

7p or above close should set us up nicely for further gains this week.

[ukgeorge] 04/5/2021 11:38

Should be 10p :) great set of figures this morning

[bobbieblock] 04/5/2021 07:23

With an NPV that goes up by 4mil for every 1k increase in spot tin.
At 32k the NPV is 65mil, the IRR is 81%.
Remember the 16k per tonne includes all the associated costs involved in running the co.
At current spot profit is 10mil before byproducts.
Lithium is set to rocket with all these EV’s

[3ootuk] 04/5/2021 07:18

Very short payback in current climate too. Doubling down on tin, but still waiting for byproduct news.

[mold breaker] 04/5/2021 07:06

RNS out
Highlights:

-- DFS confirms the feasibility of expanding the current Phase 1 processing plant, resulting in a 67% increase in tin concentrate production from 720 tonnes per annum to 1,200 tonnes per annum, based on:

[fillipe] 03/5/2021 15:43

I keep a weekly metals price check and up to 30-4-2021 I have the week's TIN price increase at 16.19%, with a closing price of 32193 US$/Tonne.
There was also strong rises for Nickel and Copper.

All quite a bit amazing!
Must be looking very positive for our ATM.

f

[koolio] 03/5/2021 09:58

Cash sale price per ton is currently over $12,000 (60%) above company assumption for 2021. As we move further into full scale production our costs are also forecast to fall significantly(13,000 to 8,800)
Can’t wait for a positive announcement on the byproducts or the production or the additional drilling. Share price could quite easily double on a decent RNS.

[mold breaker] 03/5/2021 09:07

If you have 7 mins to spare both articles worth a read.....

extract from fastmarkets article.....“ citing an expectation that the cash price could be driven above $50,000 per tonne within the next 18 months.”

[ukgeorge] 30/4/2021 12:26

Fingers crossed these can break higher :)

[lasata] 30/4/2021 12:25

March 30th 2021......worth reading as it is unfolding as the article suggested...

[lasata] 30/4/2021 12:14

Tin price flying upwards again today......squeeze is on......

[lasata] 30/4/2021 10:50

Mark Thompson twitter thoughts...

"I like to think the unthinkable - it prepares your for extreme market events. My current musings are:
1. What happens if the LME warehouse tin stock goes to zero?
2. What happens if there is no cash offer for tin on the settlement close one day?"

[lasata] 29/4/2021 14:37

Take a look at the 3 month Tin chart....confirmed breakout to the upside......

[lasata] 29/4/2021 12:38

Tin up 13% in April

Up 40% in 2021

[lasata] 29/4/2021 10:34

Watching RBW closely.

They have had a suspension on their Burundi Mining exports at present and waiting to hear news on that.

But main earner is in South Africa.

Worth reading up about them but higher risk than ATM imo.

George Bennett who runs them has loads of mining experience

Wonder what other small mining shares Miton owns?