Andrada Mining Share Discussion Threads

[3ootuk] 15/8/2022 19:04

From previous results, AISC for UTMC decreased by 16% to US$23,526.
The increase in production is needed to maintain decent profitability..the tin pays the costs, lithium is virtually in for free once it gets going

[ukgeorge] 15/8/2022 13:24

Chart looking good for a breakout tomorrow

[ukgeorge] 15/8/2022 13:22

24.7p target price

From Hannam and Partners

Valuation: Mar’23E GBp 24.7/sh TP implies 375% upside
Our DCF-based sum-of-the-parts valuation of GBp 24.7/sh, 375% above the
current share price, incorporates Phases 1 and 2 of the Uis project including
lithium sales. We believe the market continues to underappreciate both the longterm potential of Uis and its near-term profitability, having generated £11m
EBITDA in 2021. ATM remains well set to continue investing in modular growth
of its Phase 1 operations whilst assessing funding options for Phase 2. Tin prices,
despite cooling to US$25k/t, below our long-term assumption of US$30k/t,
remain well supported by structural demand growth and the economics of new
supply, in our view

[lasata] 15/8/2022 07:19

Very positive...plus Lithium webinar on Thursday this week too

[mold breaker] 15/8/2022 06:11

RNS out
Highlights:


-- Construction for the Phase 1 Expansion completed;
-- Commissioning scheduled to be complete by the end of September 2022;
-- Production to increase by 67% (up to 1,200 tonnes of tin concentrate per annum);
-- Lithium and tantalum by-product pilot facilities progress to detailed engineering phase;

[ukgeorge] 10/8/2022 13:33

Time to be buying these, I think the downtrend has been broken.

[lasata] 01/8/2022 17:07

Highest volume of shares traded today in the last 12 months......

[a2584728] 21/7/2022 07:19

Fabulous appointment

[blackhorse23] 20/7/2022 10:12

MCL ( LSE) looks attractive for new entry

[ukgeorge] 05/7/2022 08:45

Sooner would be nice in this market

[nicosevos] 05/7/2022 08:31

This company is going to get snapped up!!!....Sooner rather than later,
just on the forecast of 350K tonnes of lithium concentrate annually.....
imo gla


AfriTin is managed by an experienced board of directors and management team with a

current strategy to ramp-up annual production at the Uis Tin Mine in Namibia to more

than 10,000 tonnes of tin concentrate and 350,000 tonnes of lithium concentrate

[3ootuk] 05/7/2022 08:15

Good that financing is in place.
Need to get cost of production down.

[nesty1760] 02/7/2022 14:18

I topped up again at these prices in the week, to bring my average down. I feel best to get in before the crowd arrives.

The tin prices probably be stale for a few months, then hopefully pick up later in the year, but medium to long term, I am convinced this is going places.

There are other Tin competitors though IMHO, ATM has so much more in the pipeline (Lithium still to come) and to be these prices (5.2P), it really is a steal, if you prepared to hold into 2023-2025.

DYOR

[lasata] 30/6/2022 15:28

The Tin Association today

"Tin prices hit new lows for the year in the last week on the back of further macro negativity. While the spot market for tin remains quiet, consumption remains relatively strong with long-term contracts performing well. With Chinese and now Indonesian smelters reducing output at these low prices, tin could move swiftly in the opposite direction once demand begins to pick up again."

[ukgeorge] 28/6/2022 13:12

I wonder if the Chinese are tempted to come and snap these up, lithium and tin two key commodities for the future

[ukgeorge] 16/6/2022 09:07

Two broker notes out Hannam & Partners 24.7p target

and Stifel 20p

[koolio] 16/6/2022 06:51

Nice quarterly report out today, production up and everything on track to complete the expansion project by Q3. Hard to imagine how with decent monthly revenue and the proven extraction of the lithium that this share can remain at such low levels.
Happy to hold.

[lasata] 10/6/2022 07:03

Good to see tin prices rising 6.5% this week

[a2584728] 09/6/2022 11:19

This is starting to get recognition chaps. Hold tight

[lasata] 09/6/2022 09:54

virtually all of them are buys.....

[lasata] 09/6/2022 09:27

some good volume buys today...

[nicosevos] 09/6/2022 08:05

Looks to me we're gaining some traction...At last!!!!!!!!!!!!
Has our iceberg seller melted away??
gla

[lasata] 08/6/2022 10:05

Worth watching...update on site at UIS

[nicosevos] 08/6/2022 08:05

Proactive....Wed 08 Jun 2022

)
AfriTin Mining reports better-than-expected lithium grades from flagship mine



"As a former mining operation, Uis has been extensively drilled but historic assaying has focused solely on the tin with no regard for the lithium or tantalum in the deposit,” said Viljoen.

“This programme will increase the confidence of the current lithium and tantalum estimates and is part of our strategy to bring these two commodities into production alongside our tin operation.”



“The construction of a new lithium pilot plant will allow us to progress to commercial production phases much faster than a new greenfield lithium resource elsewhere.