Andrada Mining Share Discussion Threads

[shieldbug] 26/1/2021 11:39

Increasing share and metal price should make it easier to fund expansion. Could start to build some momentum.

[pparekh20] 26/1/2021 11:19

Thought I would say hello! Bought a bunch of shares last week at 3p. Could have got them cheaper had I not been so stubborn, but you can never really win when you are dealing with market makers!

Excited and very bullish about tin. Excited to see this company transition into Phase 2!

This is a longer term hold for me with the supply issues with tin and the future demand potential!

[ukgeorge] 26/1/2021 11:18

the strong volume is very encouraging :)

[bobbieblock] 26/1/2021 10:47

Especially at 10k a tonne profit at current levels.

[maverick247] 26/1/2021 10:00

If tin does what palladium did then it won't be a bad idea to be investing in one of the largest tin mines in the world and now producing !;-)

[allonblack] 26/1/2021 08:37

Bought in here. Tin price outlook v bullish and at these levels (23,000) surely the company can easily grow into phase ii.

[bobbieblock] 22/1/2021 09:14

Yes. And a quiet board is a nice contrarian sign.

[ukgeorge] 22/1/2021 08:54

Yes nice to see it move up on volume :)

[outlawinvestor] 22/1/2021 08:03

Early doors flurry of trades today! 500K before the open, 1.88m in the first minute!

[outlawinvestor] 21/1/2021 20:02

I'm pretty sure I read somewhere (probably a broker note) that they receive 80% on loading at Walvis Bay.

[koolio] 21/1/2021 10:35

Yeah, it’s looking nice here.
Tin price’s are up 25% in the past 6 months.
Our last production update in November more than doubled the Tin concentrate level of June. I guess it’s a fair assumption that we are producing 42 tonnes of concentrate a month and that our shipments to Thailand are every 3mths we are getting the benefits of the rising tin prices. Does anyone know if we get paid for the product on delivery to the partner in Thailand or on loading at the docks in Namibia?
Happy to hold here and will continue to buy when funds are available.

[outlawinvestor] 21/1/2021 09:36

From the Twitter feed:

Tin spot prices continue to climb, topping the 5-year high of US$21,820 per tonne. Strong market fundamentals continue as demand increases, with corresponding low availability.



Embedded image shows live tin price at $22,284.50.

[ukgeorge] 21/1/2021 09:29

Thanks for the info. Fingers crossed the high prices are translating into free cash flow.

[outlawinvestor] 21/1/2021 09:04

ETFS Tin is up an incredible 6.8% as Shanghai futures closed above CNY 161,000!
It seems quite possible that the spot price might hit $25,000 during H1.

[outlawinvestor] 19/1/2021 10:00

AV (or one of his underlings) finally found some time to fulfil his AIM regulatory duties and updated the shareholder information on the company website.

hxxp://afritinmining.com/capital-structure/

Interesting to note that AV's holding has moved from 0.67% to 1.4%. Fellow directors Glenn Parsons and Laurence Robb also saw their holdings increase. The increased director holdings are due to share issues in lieu of fees.

A nervous observation for me is the appearance of Shore Capital Stockbrokers as a 9.3% holder. I can only anticipate a series of TR-1s as they reduce their position... Would be nice to be wrong.

Capital International IOM increased their holding from 3.26% to 5.5%. Surprising they did not see fit to issue a TR-1.

Hargreaves Lansdown Asset Mgt shed off 6,196,069 shares... Their position stayed within the percentage threshold so there was no need for a TR-1.

Jarvis Investment Mgt is a new name with a declared 3.8% holding. Again another one where no TR-1 was issued.

Premier Miton Group PLC, Mr Stephen Pycroft, and Halifax Share Dealing were relegated from the list as their positions were diluted below the 3% threshold.

I would find it odd if indeed none of these investors saw fit to issue a TR-1. I'm more inclined to think AV and his Investor Relations team (if one even exists) just couldn't be bothered to perform their regulatory duties.

[outlawinvestor] 16/1/2021 14:32

Interesting read about new lithium extraction technologies...

Protecting fragile ecosystems from lithium mining

[ukgeorge] 08/1/2021 10:56

Roll on a good rerate here :)

[shieldbug] 08/1/2021 09:08

Happily the recent price rise has allowed me to sell off some excess shares here leaving me slightly in profit. Without the recent RNS I would have probably held more for longer.

[ukgeorge] 06/1/2021 12:19

Sadly the mining industry is like this and it is very frustrating but it could be worse.

The share price appears to be breaking higher today and breaking the long-term down trend. Fingers crossed we get a nice rise.

[koolio] 05/1/2021 09:18

It doesn’t seem appropriate or fair that options can get a new target price on them that is so low. The share price from mid 2018 to early 2020 was above 3p so effectively the management are being rewarded for having sub inflation performance. Looking at other bonuses that have been awarded recently and you can see the environment where the company are doing business is corrupt. Seems a real shame and a bit of a kick in the teeth, but that’s what we can expect from AIM and Africa.

[outlawinvestor] 05/1/2021 07:42

I am keen to read some thoughts from fellow investors on yesterday's RNS.

Ordinarily I am supportive of incentivising management and directors via share options. I am not yet convinced that the repricing is the right thing to do and wonder what it tells us about the pricing of any near term equity funding.

[outlawinvestor] 05/1/2021 07:37

ShFE up roughly 3% in last session - March contracts over CNY 159,000!
Lithium also trading high - Global X Lithium ETF (LIT) was up over 7% yesterday.
Clearly a very supportive commodity environment at the moment.

[outlawinvestor] 04/1/2021 11:04

I think $21,000 tin price is looming - ETFS Tin is currently trading above $37 and ShFE March contracts closed above CNY 154,000.