Andrada Mining Share Discussion Threads

[a2584728] 22/10/2021 14:42

I have just added. Has a tendency to bounce off 5p. Lots of second liners hit today

[megaman2] 22/10/2021 12:10

S.p. hammered other than the obvious reason being a seller or sellers anyone any info or inkling?

[lasata] 19/10/2021 17:33

Best volume for some weeks today.........if breaks 5.50 could be interesting

[ukgeorge] 19/10/2021 15:28

I think the management wouldn't want to sell this early on. The company has so much potential.

[donald pond] 19/10/2021 14:18

Would not be surprised to see a Chinese company try to take this over.

[a2584728] 19/10/2021 14:14

Ready to move I think

[lasata] 19/10/2021 12:34

SP halfway hesitation since March targets 10.50p on the charts......

[lasata] 19/10/2021 12:29

Blockage maybe clearing here as tin prices surge this will come on to people's radar as one of the few tradeable tin shares

[megaman2] 18/10/2021 15:15

Yes but atm have lithium dioxide which js still worth having but it's used in ceramics.

[lasata] 18/10/2021 14:52

"Lithium carbonate prices in China traded at 181,000 yuan per tonne in October, the highest on record due to tight supply and stable battery demand. Prices for the silvery-white metal, which is a key ingredient to power electric vehicles, skyrocketed over the past year, as automakers and battery manufacturers race to secure supplies amid a global push for less-polluting energy sources. In addition, demand continued to rebound as the economies recover from the COVID-19 pandemic hit."

[ukgeorge] 18/10/2021 14:17

I'm mega bored with this trading range.

Tin has rocketed and these have done sweet FA.

Roll on these heading to 15p the recent broker target price.

[lasata] 18/10/2021 13:50

Mega....agree

Tin prices today in blue sky territory at ATH's again

[megaman2] 15/10/2021 07:32

Im looking forward to some sort of capex plan for the full expansion . If tin prices remain elevated and with credits for tantalum and li2o with next year's increase the company will.be chucking out cash it will be possible to self fund part or all of the capex. It's just a waiting game if things go to plan and in 8 months time tin price is the same or as some are predicting higher share price can be multiples higher .

[a2584728] 14/10/2021 13:14

Ready for the next leg up I think?

[lasata] 14/10/2021 12:08

Mark Thompson twitter.......he follows tin closely...

"Tin demand is highly inelastic, and very difficult to substitute. It requires a very high price to ration demand
$50k tin? Very likely
$100k tin? Entirely possible"

[lasata] 14/10/2021 11:08

Tin touching ATH's today..........

[weyweyumfozo] 13/10/2021 15:34

Myles McNulty
@MylesMcNulty
·
1h
Added more to
@Afritin_Mining
#ATM, to reduce av. to ~5.1p.

#tin at another all time high again today:



At this price, #ATM will be trading on a forward EV/EBITDA of circa 2.0x, when Uis Phase 1 expansion (already paid for) is completed in 6-8 months.

[ukgeorge] 13/10/2021 15:22

What's going on :)

[megaman2] 11/10/2021 15:07

Is t the 1.33% lithium much higher grade than before?

[a2584728] 11/10/2021 14:07

This must break from this trading range soon. All looks in great shape

[lasata] 11/10/2021 08:36

AfriTin hits more mineralisation in drilling

AfriTin has already established an excellent track record in getting production at Uis re-started

AfriTin Mining Ltd - AfriTin hits more mineralisation in drilling
AfriTin hits more mineralisation in drilling

AfriTin Mining Ltd has hit further mineralised intervals at depth as part of drilling at the V1/V2 pegmatite on the Uis tin project in Namibia.

The highest combined metal content intersection was from drill hole V1V2022, containing 0.17% tin, 61 parts per million tantalum and 1.33% lithium oxide over a 51 metre intersection at a depth of 201 metres to 252 metres.

[koolio] 07/10/2021 19:54

I guess it would be difficult for them to provide an estimate until they are sure of the methodology for the extraction and process of the Tantalum and Lithium.

[megaman2] 05/10/2021 09:50

The only conclusion I have come to is that the lack of detail of capex requirements to progress to stage 2 expansion and indeed the inevitable dilution is causing uncertainty . Ive guessed at $100 million requirement but it's a total stab in the dark. The company knows the ballpark figure but unless I missed it they haven't communicated it .

[megaman2] 05/10/2021 09:25

There's something not right here? Recent placing at 6p bmn offloaded at 4.9 as needed cash. Clearly there is at least1 seller . Funded for phase 1 . Commodity price all time high. Only c $4 million in debt . Goal to achieve $1 billion mkt cap. The current market cap seems low given future growth plans and tin price and margins plus credits. S.o. falling am I missing something obcious?

[megaman2] 04/10/2021 12:11

I'm liking the new presentation but my main question is how much capex is required for the expansion?? Unless I missed it other companies normally post this info 8. Similar presentations and it's kind of crucial info to allow investors to make an informed decision