Andrada Mining Share Discussion Threads

[megaman2] 08/9/2021 06:52

It's an exciting story here especially with the credits but if they start issuing shares like confetti and finance deals with clns the p.i. wont get true value .

[megaman2] 07/9/2021 12:52

Similarities to bmn it will likely take years to move forward if it follows a similar path ...they call it "aspirational" the cynics call it b.s.

[allonblack] 07/9/2021 10:55

There is a trend with this company to put out rns with vague promises of projects to come with no substance on cashflows today. Im out. GLA.

[jp2011] 07/9/2021 10:52

Completion of phase 1 to 1200t Sn and a pilot plant for Tantalum will create cash flow which in turn will make it easier to raise debt finance

[megaman2] 07/9/2021 05:38

Whilst atm Is cash flow positive it will require more capex (an unknown) for its significant expansion and tantalum and lithium oxide processing . Folk will be wary of more dilution hopefully they can fund by debt.

[3ootuk] 06/9/2021 15:06

The tantalum pilot plant scheduled for Q4 2021 basically means very soon. That's excellent news that its moved from lab work to an actual scale up plant.

[megaman2] 06/9/2021 11:47

It's bushveldesque im off if vijoen starts selling his shares for tax reasons

[dunns_river_falls] 06/9/2021 10:41

Really poor RNS. Lots of words to say almost nothing. Considering all the presentations where we are told about the piles of lithium, chucked aside, how hard is it to get that processed and sold. Really expected more after all this time. When will the revenue streams kick in? How will this drilling campaign be funded? Existing cash? How is the programme to increase Tin production progressing? Come on! You are sitting on a world class mine of global importance. It's time to show us the money.

[megaman2] 25/8/2021 19:26

I've done some more research on the li02 and it's sold as a concentrate at 4-6 % . There is an outfit in Austria that are the biggest in the market and have grades of c1.6%. the concentrate sells at minimum $500 per tonne. With say 20% recovery it can add c$2 million top line revenue per quarter at current 125000 ore run rate no idea on cost to obtain concentrate.

[maverick247] 25/8/2021 13:27

https://spongeshare.com/2021/07/01/afritin-could-the-lithium-trump-the-tin/

[megaman2] 25/8/2021 13:26

The lithium grade is 0.63 % ? Is that correct or am I making some basic error ? Whilst the tin is only 0.134% ?

I started to do some basic figures for revenue assuming they can recover 50% but the result was ridiculously high and I'm too embarrassed to share as I must be making some assumption wrong.does anyone else want to have a stab at potential revenue for lithium oxide ?

[lasata] 25/8/2021 13:01

Any important resolutions?

[koolio] 25/8/2021 12:37

Sounds a wee bit off.
Battery grade Lithium Carbonate extended gains to 92,500 yuan per tonne, the highest since August 2018

[megaman2] 25/8/2021 12:27

I'm I reading this incorrectly but lithium oxide price s 1066 euro per 250 gramme??

And afritin have c 460000 tonne and can be producing year end ?

Have I got this wrong?

hxxps://www.alfa.com/en/catalog/041832/

[weyweyumfozo] 25/8/2021 11:57

All resolutions passed.

[dunns_river_falls] 25/8/2021 09:18

Flying! Would still like to hear some lithium news

[mold breaker] 25/8/2021 08:39

Nice move up this morning 😊

[dunns_river_falls] 24/8/2021 15:16

A few interesting trades today, and now some positive movement. Hopefully the start of the next leg up

[jailbird] 24/8/2021 09:58

Anyone notice the 1.5m trade this morning

[megaman2] 23/8/2021 08:57

This will be like far where the lithium and tantalum byproduct will mean the tin is mined for free!!!! ( Said tongue in cheek)

[dunns_river_falls] 20/8/2021 16:21

Nice reversal! Hopefully news soon. Been a long time coming!

[ukgeorge] 20/8/2021 09:08

From share price Angel

AfriTin* (ATM LN) 5.06p, Mkt cap £56m – High tin prices drive unexpectedly high margins for AfriTin
• AfriTin are enjoying an unexpected lift in margins on shipments of tin out of Namibia.
• The Uis mine in Namibia is also looking to double monthly tin concentrate output from the mine to around 120t per month.
• The expansion combined with high tin prices should see the company report profits for this year and could also pay down £3.8m of current borrowings.
• Tin prices hit US$ 36, 594/t yesterday on strong demand and low official inventory levels
• Tin prices have risen by >70% since the start of the year with little sign of a retracement.
• Premiums for physical ‘cash’ delivery have risen on the LME bringing in some 6,000t into the market but this is still below outflow levels due to rising demand.
• European buyers are paying premiums of ~$1,500-2000/t for physical tin, the highest since records began in 2009.
• Shanghai stocks are at their lowest since 2016, currently at 1,542/t from 8,853/t in March.
• Shanghai tin prices hit a record high of CNY244,900y/t this week.
• Yunnan Tin, one of China’s largest producers, has shut a smelter for 45 days disrupting an already tight supply chain with other tin smelters slowed by local power restrictions in China.
• Malaysia has raised production by just 2% this year with Indonesia also struggling to react.
• Myanmar which supplies tin smelters in China may be seeing reduced production due to political issues within the region.
• Demand for tin has risen to rising demand for electric vehicles, electrical goods and circuit boards.
• A joint study between Rio Tinto and MIT in March 2018 showed that tin is the metal most likely to be impacted positively from new technology.
• Tin scored very highly using the MIT framework because of the potential for increased demand applications, particularly in the electrical and energy storage areas.
• These demand changes might be large in comparison to the current market size.
Conclusion: We expect AfriTin to report significantly higher profits in H2 supported by high prevailing tin prices and rising production.