Andrada Mining Share Discussion Threads

[lasata] 07/7/2021 11:23

And we still have the lithium news to come...

[lasata] 07/7/2021 11:23

I am thinking if Tin prices break $32k....they will go to $50k as some experts are predicting.

[lasata] 07/7/2021 11:21

Moneyweek today....our friend Dominic Frisby...

The commodities bull market that began in spring 2020 may be over – or just consolidating, depending on your point of view.

But there is one metal for which the only way is up, as the song goes. And that is tin.

Energy, metals and soft commodities could all go into bear markets and lose 30% or even 50%. The US dollar index could go back above 100. Interest rates could rise. I still think tin goes higher. The shortage of supply is that pronounced.

One is Afritin (LSE: ATM), which is in the early stages of production / late stages of development, depending on if you’re a glass-full or glass-empty kind of person, with its Uis project in Namibia. I own this one as well.

Often you get more leverage in bull markets by buying high-cost producers. Let’s say a company mines a metal for £70/lb and sells the metal for £100/lb. It makes £30/lb. The price of the underlying metal goes up to £110/lb, and so the profits of the company increase by a third.

Now let’s say a company mines the metal at £90/lb. If the metal price goes to £110/lb its profits double. High-cost producers can be very rewarding in bull markets. In bear markets, however, you can get destroyed.

Afritin’s flagship Uis project is a little too dependent on the lithium and tantalum by-product to be economically viable for its tin alone at $25,000 or $30,000 a tonne. But if tin goes to $40,000 or $50,000, then suddenly Afritin becomes a multi-bagger winner.

[lasata] 07/7/2021 11:09

It might well soon.......

[a2584728] 07/7/2021 09:25

It's about time the MM allowed this share to re rate

[dunns_river_falls] 06/7/2021 12:38

LSE post showing an upgraded price target to 15.5p as a result of current Tin prices. No link provided but note is by H&M. Unrisked target price is 22.9p.

[valentine73] 06/7/2021 10:11

Good to see the price holding its recent gains and good buying action again today.

[lasata] 05/7/2021 16:10

Exciting times.......and tin price close to breaking out to new highs again after a consolidation

[dunns_river_falls] 05/7/2021 14:10

Must be close Lasata. IIRC we are in the middle of the estimated window for getting an update on testing. Although I am quite happy if the gains of the last few days are maintained for another week before any news!

[lasata] 05/7/2021 12:15

When is the lithium update due?

[lasata] 05/7/2021 11:21

An informative read...

[dunns_river_falls] 05/7/2021 11:05

Lithium news due soon. Could be a game changer, and will open a few eyes to the potential

[ukgeorge] 05/7/2021 11:05

Afritin is in quite a unique position, Tin obviously flying and then the potential to get into the lithium market which is also fundamentally looking like the place to be, also nice location.

Good call on the move up :) wishing I had topped up at 5p

[valentine73] 05/7/2021 10:54

Looks ready to move up

[maverick247] 02/7/2021 10:27

10p is only £100m cap others pre production like pre Hzm trading £1-200m Time for a rerate

[lasata] 02/7/2021 10:23

Look forward to the lithium testing results......

[ukgeorge] 02/7/2021 10:09

The lithium story could be huge hear. If it can be processed opens up lots of potential. Roll on 10p +

[valentine73] 02/7/2021 10:05

Nearly all buys this morning. Paying full ask now so may push higher

[allonblack] 02/7/2021 09:38

Bought back in this morning. Hopefully some better news flow en route.

[valentine73] 02/7/2021 09:29

Moving up ;-)

[maverick247] 01/7/2021 20:03

"It's very rare that you get a project of this scale and this much revenue potential at your fingertips"https://spongeshare.com/2021/07/01/afritin-could-the-lithium-trump-the-tin/

[lasata] 01/7/2021 14:17

"Despite coming under pressure last week, tin prices have recovered strongly on the back of consistent news of supply disruptions. The extended lockdown in Malaysia will see MSC unable to restart production, while Yunnan Tin's annual maintenance has begun."

[dunns_river_falls] 30/6/2021 11:32

More for me this morning. Seems good value, but i thought that at 6p...

[dunns_river_falls] 25/6/2021 11:19

Not going anywhere while supply is greater than demand. Bored and impatient sellers? No point buying more until they dry up.