It's a sad situation that Alphamin, find themselves in. The Alphamin mine could be out of action for a considerable while. ATM should be able to benefit from this period.
This is just the start, once the production is upgraded (the XRT sorter, should be online soon), these prices will be extremely cheap, the 2 ii's, which bought in recently (2 holding RNS's), know where this is going. |
there are only 3 tin producers that trade in a stock market: AFM.V , MLX. AX and ATM.L ...AFM.V ceased operations because of a military coup, only two left (MLX and ATM). |
Ouch that must be hurting this morning. Hopefully he had a stop on... |
Darmz - time to take a small loss to prevent a larger one, perhaps? |
Andrada is in a safe and mining-friendly jurisdiction, so should trade at a premium. |
Tin price is up +8%, as biggest tin mine in the world (Alphamin) is ceasing operations because of a military coup. May take a few months. About 8% of tin supply is gone. Andrada will be printing money if tin prices continues to go up and up. |
1m sold short at 3.1pThats mineLook forward to seeing 2p soon |
Walter Mitty fictional trader... |
How many did you sell and at what price? |
I tend to short when the rampers vanish You can see X are no longer shouting Lse is dead ADVFN is dead So interest is gone profits have been banked and it's time to short this babyWish me luck all |
Shorted now will close at 2p |
One II completed an exit and another (ACAM) now taking a position, plus plenty of fundamentals lining up for expanded production, reduced AISC etc., over next 6 - 12 mths. Also if looking for quick comp take a look at SQM deal numbers for Lithium Ridge versus total Mcap. Is there debt, yes, but it is all related to targeted capex with double digit IRR in mid to long term. |
Insights please, not ramper spam. |
Nice day here.
Also take a look at the lse BB for #CPX or CAP-XX.
I think a move from 0.11p to 18.00p is possible. Ridiculous upside.
They have no debt, they are making money and have 24 months cash runway.
Huge breakthrough SMT tech completion is close and they are securing some huge supply deals. |
Quite a rerate. Does anyone have any insights to offer? |
Nesty you cretin. You have been telling people this was great value since 8p. During the week it hit 1.6p. You should have a wealth disclosure on your profile. |
What a misinformed dire read this BB is.
Someone who supposedly banked and sold but can't read a RNS properly, it was another officer, not the CFO.
Another who seemingly missed a rise and bitter about it.
Also, throw in the token this going below 1p comments, which it's gone in opposite way.
If anyone researches the rise is probably due to a new ii buyer, I would expect a holding RNS early next week.
Follow the ii money, not the beer money. |
Well there's something going on. Volume spike in last three days greatest since listing |
New holder RNS. |
The ramp will be sold into and it'll carry on downwards next week. Same old story, traders and pumpers making a quick buck and moving on. If it's so cheap ask yourself why are insiders selling not buying way down here.I rest my case |
3.5% at ACAM
ACAM LP is a natural resource focused Limited Partnership advised by S and F Investment Advisors Limited (S&F). Louis Bacon, founder of Moore Strategic Ventures and Tim Leslie, the founder of S&F are, indirectly, the beneficial owners of the majority of ACAM LP. |
Maybe the SQM finalisation has just been a slow burner. Most welcome anyway. |
It's been twitter ramped for ages lol. Probably seller almost cleared and people averaging down. |
Very strange. Twitter ramp? |