Andrada Mining Share Discussion Threads

[ukgeorge] 20/2/2023 09:55

yes there is, I'm not sure on the exact time (think it might be 25 days but by no means sure).

[jelignite] 20/2/2023 09:50

Yes good buy can I ask is there a time frame between a director buying and news coming out?TIA

[ukgeorge] 20/2/2023 08:45

Yes encouraging! Sadly the Aim market doesn't understand/appreciate the progress being made

[arlington chetwynd talbott] 20/2/2023 07:44

Fair play, that is a decent purchase.

[weyweyumfozo] 18/2/2023 15:25

"Tesla Inc. has been weighing a takeover of battery-metals miner Sigma Lithium Corp., people with knowledge of the matter said, amid rampant demand for the metal used in electric vehicle batteries.

The EV maker run by Elon Musk has been speaking with potential advisers about a bid, said the people, who asked not to be identified discussing confidential information. Sigma Lithium is one of multiple mining options Tesla is exploring as it mulls its own refining, one of the people said.".......

[kaos3] 17/2/2023 06:45

jelignite - thank you for sharing

[jelignite] 16/2/2023 23:53

There are a lot of sells to buys Any idea why when news coming

[jelignite] 16/2/2023 23:50

https://twitter.com/uniexecornwall/status/1625804652087222274?s=46&t=t0zCCenqgRVMhuqyXLZIYA

[dunns_river_falls] 16/2/2023 22:09

Really interesting that they are finding lithium at up to 3.3%. Andrada must have similar grades somewhere on the licences they own. Anything 2%+ would be good.

[jelignite] 16/2/2023 21:53

Neighbours,Got this from LsE, thanks to taufourhttps://www.askarimetals.comLook at company announcements- investors at the bottom.https://app.sharelinktechnologies.com/announcement/asx/46a50166beec03bde6ca59de016000d2

[jelignite] 16/2/2023 21:34

Waiting for the extra pilot plant equipment to arrive.Then send off the lithium product to the of takers for analysis.This is where I would like to know what is the price per tonne, as a oxide and not a carbonate or hydroxide., I am guessing this is the expensive refining.Can Namibia create develop it's own refining/

[jelignite] 16/2/2023 21:26

It was a interesting interview, I got the feeling AV was being cautious, the same time upbeat for the future and slightly frustrated with the share price.There is a lot of media info coming out to show the new position and forward thinking of the company.The unique situation of Andrada starts with the 3 sets of lawyers organising the financial situation, I understand this is 85 % Andrada - 15% miner community and the Namibia Bank.The are actually making money and not a "spread sheet junior"Please correct me if I am wrong.ESG doc there.Power and water supplies are there.MRE is accounted for and the pilot plant is due H2 I think.Waiting on legal finance doc.Waiting on extra laboratory info on spodumene

[dunns_river_falls] 16/2/2023 16:50

Interesting to hear about "unsolicited cash offers" in relation to Lithium. Also that the pilot plant will give substantial output in its own right.

[ukgeorge] 16/2/2023 11:13

Looks ready to have a bit of a spike

[nicosevos] 16/2/2023 07:57

Lithium price chart.

[3ootuk] 06/2/2023 09:55

I've seen other mining companies quoting $1000/kg of rubidium carbonate.
If this is associated with the pegmatites, then they might need a leach circuit adding, depending if they could possibly roast it with the tantalum or if it stays in the waste stream, then leach extract.

[dunns_river_falls] 06/2/2023 09:35

Maybe my calculations are incorrect, I am struggling to find prices for Rubidium. But if they have 111,200 tonnes at a price of $100,000 per tonne thats $11bn of value for Rubidium alone. Is that right?! Seems very high.

I wonder how easily it is extracted....
From the RNS...
"Rubidium is found within mica which is currently being concentrated as a potential by-product"

[3ootuk] 06/2/2023 07:14

Rubidium now gets a mention.
I wonder if this will come out in the tantalum circuit and what value they may put on it - or mentioned only to get attention?

[lasata] 02/2/2023 12:55

ITA

Andrada expands tin horizons at Uis

26 January: Andrada Mining has increased the total resource at its Uis mine by 77%, after completing an additional mineral resource estimate (MRE). With a combined tin content of 170,000 tonnes, this makes the company the owner of “one of the largest tin assets globally”.

The company, formerly AfriTin Mining, released a maiden MRE late in 2019 for the V1/V2 pegmatite – just one of the twelve historically mined pegmatites in the licence area. A combination of historical and confirmatory drill holes was used to complete the MRE, containing a total of almost 100,000 tonnes tin. Mining of this pegmatite started soon after, and the company has been steadily increasing production since.

Meanwhile, Andrada Mining have looked to the other historically mined pegmatites in the area, termed the Proximal Pegmatites (PP), to further increase the assets mineral resource. These pegmatites are all within a 3km radius from the existing processing plant, and are grouped into three clusters: K, P, and V.

Using drill holes from a past exploration drilling programme, an inferred MRE has been completed. Exploration consultancy, Minxcon (Pty) Ltd, were appointed to undertake the compilation of a tin block model for the PP, using 809 historic drill holes. The MRE is comprised of over 57M tonnes of ore at an average grade of 0.131%, containing just under 75,000 tonnes in the inferred category. Historical drilling also indicates the pegmatites remain open at depth.

As stated in their press release, the company is embarking on a confirmatory drilling programme to improve the tin resource classification and to evaluate lithium and tantalum potential of the Proximal Pegmatites.

Our view: A further increase to the Uis mine Resource is an important step for Andrada Mining. They plan to scale up production to roughly 9,000 tonnes of tin-in-concentrate per year, through a Phase 2 Expansion Project in the coming years. Continuing to expand the resource in tandem will potentially improve the longevity of the scaled-up operations.

[weyweyumfozo] 01/2/2023 17:56

Just for a bit of a chuckle. have a look at the parabolic graph:

"Yep, still long PMET, the best Lithium discovery in Canada. We started buying in the red dot."

[dunns_river_falls] 01/2/2023 10:24

There is our seller. Canaccord reducing slightly.

[ukgeorge] 30/1/2023 17:54

Tin back above $30k/t

[dunns_river_falls] 30/1/2023 16:48

Spread was super tight as well with plenty on offer at 5.4 yet happy to take 500k shares at 5.35. Need the seller to dry up... Or some killer news!

[someuwin] 30/1/2023 16:39

Andrada Mining @Andrada_Mining - 4m

We will be attending the Mining Indaba 2023 from the 6th to the 9th of February! Themed "Unlocking the future of African Mining", the event is geared to be an exciting one! Join us at this event to find out more about Andrada Mining.
@MiningIndaba

[lasata] 30/1/2023 16:09

some big trades today??