Pump It Up!!!!!!!!!!!!!! |
can see this hit 8p again in short order.
hopefully |
 Indonesia has since the mid 1980's been the World's largest supplier of mined #tin peaking at 145,000 tpa and doing 78,000t in 2023. A massive fraud investigation is underway, looking at an estimated $13bn pilfered form state owned mining company PT Timah. No #tin has been exported from Indonesia in 2024 and export quotas look set to be limited to only 44,000 tpa. The DRC produces an estimated 20,000 tpa of #tin 12,000t from Bisie and 8,000 top of artisanal production. Bisie is imminently set to go to 20,000 tpa from the opening of Mpama South. However an insurgency by M23 rebels to the West of Goma has displaced 1M Congolese with the rebels now controlling the main supply route to Bisie. The effect on #tin supply is unclear. #Tin is consumed in tens of billions of end use consumer items in minute quantities as a coating in a tin can, on a printed circuit board, as a stabiliser in every piece of PVC. #Tin's price inelasticity of demand is extremely high. E.g. an iPhone contains today about US$0.04 of tin. There is no tin price where iPhone sales are affected. New demand for #tin is coming from solar approximately 70t is consumed per GW of installed capacity. This accounted for 28,000t in 2023, or about 7% of total demand. During Covid demand for consumer electronics went parabolic, with the World running out of some chips and products. This drove the #tin price to $50,000 per t. Post Covid we saw a big drop in #tin demand and destock as consumers had got considerably ahead of average replacement times. From a demand perspective it looks increasingly like a destocked supply chain is seeing resurgent demand. Supply is under threat like never before. Supply chains are destocked. There are almost no new projects. Demand is highly inelastic. I expect to see a peak on this #tin bull market above $100,000 before the end of 2025. |
LMEselect Tin 3 Month, USD/mt
Latest:$29,800 +$1,157 (+4.04%) |
Are we missing a trick?
"How Gulf states are putting their money into mining" |
Certainly is #Tin price: 29225 (+582, +2.03%)9:01am London $Tin metal.com/Tin/LME_SN_3M |
theres alot to like about this one.
Tin price going up is a good thing |
Tin 29k lovely to see |
#Tin price: 28395 (+944, +3.44%)6:38pm London $Tin metal.com/Tin/LME_SN_3M that's some move since January |
#Lvcg
- Mostly debt free
- Cashed up for at least 12 months
- Bricklive and reduced op
- Debt converted at 3p .
David buys at 6p (£250k)
Issued £1.7M Convertible loan at 3 p
2 cornerstone
2 signed 1 to sign this week
400m shares.
Interview below
youtube.com
LIVE COMPANY GROUP PLC - Investor Presentation |
Only a matter of time before this really takes off . Patience is key along with research |
Very encouraging to see given prices https://www.afr.com/companies/mining/the-country-s-largest-lithium-mine-unveils-bumper-6-3b-profit-20240401-p5fgj8 |
March is always a bearish month, with liquidity drying up,
and traders crystallising losses,imo....
gla
Edit, From April 8th, onwards and upwards. |
Market cap is £68m as far as I can tell! |
(Forget to mention it, but Andrada also have over $20m of cash in the bank, when it comes to talk of market cap. So £48m, while it's probably a bit out-of-date/inaccurate per se, could be viewed as more representative, excluding their cash.) |
What you're getting with Andrada is a ready-made, fully-permitted, fully-built, fully-operational, three-battery/green-metal mining operation, about to become extremely profitable (IMO/DYOR), sitting on one of the world's biggest tin-lithium-tantalum resources, with a mine life of some 220 years.
The economies of scale here with an expanded processing plant are simply phenomenal. |
Not saying your £70M MCAP is wrong (it seems to be widely quoted), but why is ADVFN showing it as £48M? |
The AISC should remain lower for a while hopefully and current tin price is firm, so hopefully we will see the first qtr in a while where the tin is produced at a profit. At current approx $1,000 profit margin, current profit levels should be $100k per month. Tin stabilising around $30k would be ideal as would mean annual profit of c.$3m even before the ore sorting commences. |
Tin price recovering so covering the aisc |
Fair question stockhunters. For me its about the expansion plans. With the ore sorting (after plugging in the numbers provided by the company) next year should be the 1st year where they turn a profit. If lithium rebounds in price and they can add meat to the bone with the lithium strategic partner, it could start to get interesting. I want to see a decent deal with the lithium partner, then I may seek to increase my holding further. |
despite good results, genuine question what exactly are you getting for £70million market cap? |
Solid update. |
Copper, they not an investor of any sort, anyone that continually goes around BB's being 100% derogatory, has a motive, or probably not even old enough to have a share account. |
Plscb
Mate,you sound a very depressed investor,in all the shares you post.If I were you I'd sell everything you hold,and put your money in a savings account.Trust me you'll be much happier 😉🤣🤣🤣 |
Great news yesterday! Even more debt, to go with the cln and other debt. Exactly the news you want to hear from such a superb company! |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
