Andrada Mining Share Discussion Threads

[dunns_river_falls] 30/3/2023 15:35

13m trade just gone through. Either last of the overhang cleared from the last 6 weeks or someone is very confident! £550k transaction.

[jelignite] 29/3/2023 13:53

HTTPS://twitter.com/anthonyviljoen/status/1641059921557897222?s=12

[jelignite] 29/3/2023 06:47

HTTPS://twitter.com/peterepstein2/status/1640792525291114515?s=52&t=ZlJ8AGBuY0ax94XcXCKOKwAndrada is 7

[lasata] 27/3/2023 08:13

DRF....tin price up 12% in last week....

[dunns_river_falls] 24/3/2023 13:31

LME tin showing $24350, up 2k in the last week. Still good margin at current AISC. Would be great to see some lithium offtake agreements signed. Maybe then the market will start to believe the lithium story... Or maybe it will only be once the cash is rolling in. Anyway I took the opportunity presented by the dip to roughly triple my holding. Maybe crazy, but I like the potential here and happy to be loading up before the masses catch on to the story. Surely those spodumene images indicate we are in for some higher % lithium intersections.

[lasata] 24/3/2023 10:49

Jeli.......well spotted. Others seeing it now too looking at share price today.......

[jelignite] 23/3/2023 15:50

Your welcome drf.

[dunns_river_falls] 23/3/2023 14:00

Thanks jelignite



"We are excited by the visible spodumene at surface and within the drill core"

[jelignite] 23/3/2023 13:56

HTTPS://twitter.com/andrada_mining/status/1638897514093899777?s=12

[nicosevos] 20/3/2023 18:03

Elsewhere, tin output at Uis ran at record levels in the final quarter of 2022, with 361 tonnes (t) of concentrate and 214t of metal produced. For 2002 overall, production was 960t of concentrate, a 19% increase, with metal up 18% at 596t.

Andrada also said sustainable costs (AISC) fell 9% on average and in the final quarter were its lowest ever at US$18,236/t.

[mold breaker] 20/3/2023 12:20

So, need Finance confirmation, tin back up above usd32,000 & Lithium bi-product (when it comes on stream) to add 20%+ nett profit… achieve that and it becomes a v.profitable mine.

[nicosevos] 20/3/2023 07:27

We need the finance sorted....
gla


Financing

-- Significant progress towards fulfilling the precedent conditions for the Orion Resource Partners ("Orion") and the Development Bank of Namibia ("DBN") financing.


-- Cash balance at the end of February 2023 increased by 16% to GBP 8.6 million (USD

10.3 million) from GBP 7.4 million (USD 9.9 million) on 28 February 2022.



Edit....


Orion Resource Partners ("Orion") and Development Bank of Namibia ("DBN") funding update


The conditional finance arrangements for Orion and DBN, previously announced on 5 July 2022, 15 September 2022, and 17 November 2022, have been combined into a single legal workstream to reduce the timeline to financial closure. The Company still expects to complete the process by the end of May 2023. Further updates will be provided in due course.

[kaos3] 20/3/2023 07:21

yes. steady.... hope tin gross margins get stable .... and positive ...

[3ootuk] 20/3/2023 07:14

Decent update.
Should get full financials next, finance news in May, update on lithium/tantalum in June/July.

[jelignite] 18/3/2023 17:09

I am also really interested in the exploration at Brandberg and what Nai-nais and B1C1 sites has to offer.Gla

[jelignite] 18/3/2023 17:01

Thanks drf,Nice interview hope you don't mind me spreading the link.Jeli

[dunns_river_falls] 18/3/2023 16:24

"The moment people realize the scale of what we have on the lithium side, our valuation will change substantially.”

Lets hope so!

[1patience] 18/3/2023 15:16

On a recent interview AV said unit costs were 18k. Assuming 22k tin price and production is 100 tonnes per month: 100 (Tonnes) x 4000 (profit)= £400,000 p/month.

I am here to learn though, so please feel free to chime in.

I think the Ore sorting will be pretty exciting too.

[3ootuk] 16/3/2023 15:52

Probably at break even or small loss with the current tin price.
It's now really all about getting the lithium circuit going, that's the cream on top of the milkm

[mold breaker] 16/3/2023 12:45

They should probably update the market prior to Qtr 4 results. But we’re always the last to know.

[mold breaker] 16/3/2023 12:42

I guess 4th Qtr results not gonna be great…unforeseen delays? production down? poor tin price? and looks like the seller is back!

[dunns_river_falls] 16/3/2023 11:52

Rats from a sinking ship... Or a huge buying opportunity. If we had confirmation of the bank funds, I would likely be buying more. But feel a sense of unease without knowing what is going on. Hopefully a full update is due soon.