Andrada Mining Share Discussion Threads

[donald pond] 13/6/2023 07:47

Looks very close to a big break out

[someuwin] 12/6/2023 09:08

Hannam & Partners new 17 page note out today - target raised to 35p...

Andrada Mining: African Battery Metal Champion emerging as Uis approaches first lithium output; raising TP to 35p

Andrada Mining’s (“ATM”) transformation from junior tin producer to district-scale lithium developer in Namibia has yet to be fully appreciated by the market, in our view ATM is set to become the first UK-listed producer of lithium upon commissioning of its pilot facility at Uis over the coming weeks, having confirmed a significant M&I Resource in February and a first petalite bulk sample in May. We believe the strategic process to select a funding partner for Uis following unsolicited interest ...

[dunns_river_falls] 12/6/2023 09:08

New broker note from H&P

Andrada Mining’s (“ATM”) transformation from junior tin producer to districtscale lithium developer in Namibia has yet to be fully appreciated by the market,
in our view. ATM is set to become the first UK-listed producer of lithium upon commissioning of its pilot facility at Uis over the coming weeks, having confirmed a significant M&I Resource in February and a first petalite bulk sample in May.

We believe the strategic process to select a funding partner for Uis following unsolicited interest from multiple parties could lead to considerably larger share price gains than the 13% rally in ATM since it was announced. We note, for example, Kodal Minerals’ shares have risen more than three-fold through its process, while precedent transactions and peer-group multiples suggest that ATM should be trading on a multiple >4x where it is currently. Even this underestimates the long-term value of ATM, in our view, with the prospect of resource expansion, modular production growth through the addition of oresorting technology, and ongoing lithium market tightness driving a 40% uplift in our DCF-based, risked sum-of-the-parts to 35 GBp per share, +483% from the current share price.

However, we note the strategic funding process may eliminate the need for cash from Orion, while ATM assesses further funding options for Phase 2. Our increased petalite price assumption drives a 40% uplift in our DCF-based, risked valuation for ATM to 35 GBp per share with +483% upside

[harrytuesday] 12/6/2023 07:59

Since appointing Barclays and the public knowledge of numerous offers more will have come in.

The challenge will be to avoid a company takeover bid to take the huge lithium resource and tin. Any bid for the company would have to be 20p plus.

[dunns_river_falls] 12/6/2023 07:50

Tin price = $26,500. Good margin there

[jelignite] 09/6/2023 10:34

Yes AV said he has had a talk with the Minister and that there is no problem.

[dunns_river_falls] 08/6/2023 20:08

I think the caveat about exporting for testing purposes will likely cover Andrada for now, and since they are clearly trying to get huge investment and really flying the flag for Namibia, hard to see the gov getting in the way too much. AV is about the best advert possible for Namibia, particularly with the companies strong focus on local employment and empowerment.

[someuwin] 08/6/2023 19:52

The CEO addressed these issues in this interview 2 weeks ago

From 25.0 minutes in

[martinfrench] 08/6/2023 19:02

but much like the rumour of taking a stake in historic companies, this might not be enforced

[parob] 08/6/2023 13:42

I meant CREO, not 1SN ! But worth looking at 1SN too if you like the tin space.

[parob] 08/6/2023 12:16

Good to see you taking an interest in First Tin (1SN) someuwin Think it could do well from current market cap and CEO keeps buying shares including very recently. Like the look of the chart too :)

[someuwin] 07/6/2023 11:38

Big £50k buy has taken all the lose stock. Now can't buy much more than £2k.

[dunns_river_falls] 07/6/2023 11:03

The trouble with AIM is that far too often the value of the company increases only by the issuance of new shares and we holders get diluted and the share price goes nowhere. I do get the feeling that AV is in this for the long haul and will seek to get us a good outcome, but heads get turned by cash. If there was to be a bid, 15p would be the minimum I would be content with. If there is no bid then I will happily see this through the next 5-10 years, taking money off the table as we go. But surely a company looking in and being asked to stump up say $200m for x % of a project may think that money would be better spent taking out the company for a similar price and getting their hands on the full assets. All academic and it will all play out. Just hope we shareholders fully benefit.

[koolio] 07/6/2023 10:29

I would be devastated to lose these shares especially for a paltry bid, I much prefer the long game and see the value come out.

[someuwin] 07/6/2023 08:57

...That's a great presentation there (and only 4 minutes long) Alternative link here...

[jelignite] 06/6/2023 19:32

[Watch] Andrada CEO Anthony Viljoen's Junior Indaba presentation covered by Mining Weekly's Martin Creamer.Https://t.co/7iSkWTGJm6

[dunns_river_falls] 06/6/2023 14:36

Me too UKGeorge. Although it would be good to see what the company could become over the next 5-10 years (as I am sure AV could/ will create a mininig monster), on the other hand a nice bid at 15p would be enough to tempt me. I don't get that lucky sadly. I sold out of SUR days before a bid after holding for years.

[ukgeorge] 06/6/2023 14:15

I wish some of the unsolicited offers would go hostile and make a bid :)

[jelignite] 06/6/2023 13:03

Got it from MO telegram channel

[jelignite] 06/6/2023 12:55

Https://twitter.com/juniorindaba/status/1666034109943037952?s=61&t=Q-tNsK2Yo4sx4o7ucyNt1QAnthony Viljoen, Andrada Mining has received double-digit unsolicited approaches from international lithium entities from five continents. Were looking for strategic partners to participate in the acceleration of the Company's lithium strategy

[dunns_river_falls] 05/6/2023 09:15

It will be interesting to see if there is any demand from across the pond.