Andrada Mining Share Discussion Threads

[jonshevlin] 19/3/2021 23:07

Cash price of tin up 5.5 percent today.

[lasata] 19/3/2021 11:02

Thank you ....that is an interesting presentation for sure!

[ukgeorge] 19/3/2021 09:45

Great presentation, starts at 2hrs 32 min for those that have not listened yet.

[diamond1] 19/3/2021 08:44

I was expecting the share price to jump a bit this morning, following that presentation, but it hasn't. That's good actually, because my overnight order for a few more was filled at a lower price than I was expecting.

Just need some more media exposure now. Maybe Moneyweek will do a follow up to their piece on the company two weeks ago?

[koolio] 18/3/2021 22:37

Diamond, Yes I’m aware of where they are at present as he says himself the process engineers won’t complicate things. But they won’t want to mess with anything until they are certain there won’t be adverse effects to tin production. My point was more that when they do start processing the tailings and ROM for the lithium could we expect to make over 15M a year from a bi- product?

[beeezzz] 18/3/2021 22:26

I've started link at point of AfriTin presentation...

Been watching these for while thanks for link..

[diamond1] 18/3/2021 21:51

Koolio,

They haven't got the facilities to process the Lithium yet, but they soon will have, and expect to be shipping within 12 months.

They reckon they could have one of the biggest Lithium deposits anywhere.

It all looks very, very good.

[diamond1] 18/3/2021 21:49

Bobbieblock,

Watch the presentation from about 3/4 of the way in.

I've just placed another order to be filled in the morning, purely on the strength of the presentation.

[koolio] 18/3/2021 21:01

They are still throwing the lithium aside, for the time being at least.
Still it appears it’s going to be nice when they start working the tailings pile.
I stand to be corrected as I’m surely missing a lot but 0.063% = 6.3kg Li per tonne/ore.
About 70,000 tonnes of ore get processed per month so that’s about 441t of li per month.
I appreciate that our lithium will need to get upgraded to lithium hydroxide and we aren’t likely to get anything like those rates of extraction. Still at 35% we will be looking at 17M per annum.
Happy to be corrected about these broad assumptions

[bobbieblock] 18/3/2021 20:52

Really? What else was said?

[diamond1] 18/3/2021 20:05

That's a very impressive presentation. If the share price doesn't rise on the back of that I'll be buying more of these in the next few days.

Particularly impressed with the statement that they will be shipping Lithium within 12 months.

[jonshevlin] 18/3/2021 14:59

Hi Everyone. New holder here. I watched this -



Made me smile that ATM were originally "throwing the Lithium away" :)

Anyone know if there are possible/economic tin replacement metals if price reaches a certain level?

[ukgeorge] 18/3/2021 12:40

What a cracking share roll on 10p :)

[a2584728] 18/3/2021 08:53

That 550k trade must have been a buy last night ?

[a2584728] 17/3/2021 18:29

Predictions for direction of share price tomorrow ?

[fullbreakfast] 17/3/2021 13:03

I recently started following Mark Thompson on Twitter - according to his bio there:

"Executive Chairman at Tungsten West Ltd. Metals trading, mining investment and qualified bulldozer driver. Director at Meridian Mining. Tin guru.".

Certainly worth a follow, and he put out a series of tweets this morning that make good reading. Here they are:

1/6 #tin
I have spent the morning chatting with the premier professional analyst in the tin market. Our views almost 100% aligned on every aspect of what is going on, and likely to happen. Summary points to follow:

2/6 #tin
Pt Timah production now likely permanently lower under new management (2019 80kt, 2020 40kt)

Myanmar production rotating away from cheap alluvials to more expensive underground workings – production now likely permanently lower (2019 60kt, 2020 40kt)

3/6 #tin
Possible new alluvial production of any scale only likely from Nigeria – but that not soon
Decades of underinvestment in tin exploration has consequences

4/6 #tin
Dearth of hard new rock projects that can be mined in the next 3 (or even 5) years
Almost no projects which work at $25k tin – need $35k for a couple of years before the banks will accept the new price floor and lend to them

5/6 #tin
Only metal and concentrate stocks of any size are in China.
Key to evolution of the bull market is watching for SHFE inventory draws.
Tin price needs to go to a level where demand is destroyed for the market to balance.

6/6 #tin
Solder, tinplate, glass making, lead acid battery consumption all highly inelastic
Tin chemicals and alloys are more elastic, but may need to see 25% - 50% demand destruction in these two sectors

It is anyone’s guess what that price is. But is a LOT higher than here.

If only there was a company we could invest in that had a small market cap, masses of tin in the ground, current production, and a plan to ramp up to significant levels of production in the fairly short term.

[ukgeorge] 17/3/2021 11:11

INdeed we all know these are going to be 10p plus soon :)

[a2584728] 17/3/2021 10:56

If MMs are taking all of this stock on board they must know of positive news coming ?

[swordfish7] 17/3/2021 10:37

Go through what? You mean shown on ADVFN, It's just based on the mid-price. It means nothing

[a2584728] 17/3/2021 10:28

I saw my buy go through as a sell?

[ukgeorge] 17/3/2021 10:23

They are just estimates, I don't think you can read anything into them.

[a2584728] 17/3/2021 10:15

Buys been marked as sells??? Why

[a2584728] 17/3/2021 08:09

RNS's will usually only come with price sensitive information unless it's a planned trading update. This doesn't need hollow news flow, we have momentum and blues skies on our side

[3ootuk] 16/3/2021 19:53

I would imagine they would rns anything pertinent rather than say anything other than ongoing development.