Echo bubble of last year's pump to 15p. |
Some idiot has dumped 200k well below the bid. It's a relatively modest £14k worth, but in this illiquid stock I expect it will drag us down another half penny. Sigh. But it could be an opportunity to a buyer of course :-) |
Yes not bad, 40-odd grands' worth, not huge but he has been buying all the way down. Another few like that from other directors in the coming days/weeks would be ideal. |
Always good to see a director buying in the market - another meaningful purchase. |
Positive news, but this still all about the price of tin. |
This share seems quite illiquid. Not surprising I suppose with almost 50% owned by directors and a couple of large holders... |
And back to square 1... well, nearly |
All about the tin price really - great fun to be had here if it spikes again. |
Are there any broker forecasts for 1SN? |
Just been reading up after a tip elsewhere. Looks promising, market cap barely $25M and a DFS for a high-IRR, low capex mine in Oz due in 8-9 months, and another in Germany in probably 12 months' time. Obviously they'll need further funding for capex in 2024, but I would hope that they would be able to raise this at a substantially higher SP? The CEO and chairman bought decent amounts at more than twice the current share price anyway, and have good skin in the game at 10% of the company between them. |
How many shares in issue here? |
Only another 23p and I will be even lol GLA |
And as if by magic…… |
Also looks like seller who dragged it down are out now. |
Looking at the recent increase in the price of tin and how my other tin plays have responded, this one appears to have been overlooked - maybe not for long though. |
 Rubbish as usual loganair...
We may not like Nick, but he has presided over the second largest copper Tier1 in the last decade.
He took the helm at SOLG in February 2013 with the share price at c2.5p...
Based on developing news the share price rose to a high of 16p in November 2013...
And of course he presided over the gamechanger that took the share price from 1.5p in January 2016 to 44p in May 2017...
You could also look at Atlantic Lithium...
So OK you've been disappointed since, as have I but to say "He also doesn't really know what he is doing when it comes to the mining sector..." is stretching it, even for you...
I now have 500,000 1SN at an average of 8p...they were 31p last April immediately after their debut and the story keeps on improving...
Fully funded to DFS on both mines and most important...
Ingo Hofmaier is on the Board to oversee the funding...an acknowledged expert...
And I'm about to buy another c140k to take me to 640k...
I bought ATYM when they bottomed out at c80p at the same stage as 1SN is now...they topped out at 448...
I've twice doubled my money in SOLG and expect to do so again with a running average of c17p
And I expect to multibag with 1SN...
Definitely one for the patient... |
We were also pleased to welcome Nick Mather to the Board as a Non-Executive Director on 30 September 2022. Nick has 40 years' experience in all aspects of resource exploration and brings technical expertise and a track record of successful business development which will be valuable as we focus on achieving the Company's objective of becoming a low-cost tin producer, through exploration and development of our two flagship assets in Germany and Australia.
I would not touch NM with a barge pole as he has destroyed a lot of value at Solgold and is now likely to do the same at First Tin. He also doesn't really know what he is doing when it comes to the mining sector therefore I do not know why First Tin has employed him and less so why First Tin are so positive about taking him on as there is a high probability he'll be a big negative for First Tin. |
Not a lot happening here……results are historic, give us something exciting to get this share price moving in the right direction please!……; |
Still I believe totally wrong price atm25,000 dollar tin price is half the price at ipotaronga asset alone worth 9/10p i understand Buyers strike for shares like this right now |
Tellerhauser RNS on 13/3/23 |
Thanks mate...
Which one?
""Despite experiencing significant cost inflation on most workstreams First Tin is still on track, and fully financed, to complete the Feasibility Study and the Environmental Impact Study by the end of 2023..."
Ah I see...
"As such, it is now not anticipated that the DFS at First Tin's Tellerhäuser asset will be completed by the end of 2023 as previously expected. Depending on how the new contractor performs, the DFS is now targeted to be completed in 2024."
I misread "now not" as "now..." ho hum and apologies... |
Rouge They had around £11 million cash a month ago and one of the DFSs has been delayed until the end of next year |
That 202,167 trade this morning was my BUY at 6.49p...
At that price, a return to the price in January would give you a 3 bagger...
The year end cash at 31 December was £18.8 million and the current MCap is only £17 million...
So the mines, with DFS to complete in Q4 2023 and production commencing in 2024/2025 are in for nothing...
Absolutely crazy! |
But Ingo's here...
And wait till Mather gets SOLG sold...whoopdedoo....
(PS I'm not a fan either but he's got far more skin in the game than me...) |
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