First Tin Share Discussion Threads

[rougepierre] 29/3/2023 16:11

31p immediately after IPO...

Bought another 160k today at 6.96p...back to 500k...

Crazy cheap at this price.

Mather and Hofmaier on the Board

Clara Resources 23% stake (ex AusTin)

DGR owns 12.3% of Clara

Mather owns 16% of DGR...

Mather owns at least 8% of SOLG and DGR owns 6.8% of SOLG, which is up for sale...

Where will he and DGR reinvest their proceeds...?

[value viper] 28/3/2023 12:34

Can buy at 7Tin price 15 per cent higher past 10 days

[westendwinston] 25/3/2023 20:34

This dog has lost 75% since IPO. Just riddled with fleas

[arlington chetwynd talbott] 13/3/2023 08:14

This delay was maybe not a very well kept secret.

[arlington chetwynd talbott] 13/3/2023 07:08

Not a great RNS, but there is an inevitability about these kind of delays. Story otherwise intact.

[frizzers] 07/3/2023 17:25

I think they are at £14m

[arlington chetwynd talbott] 28/2/2023 22:35

My question is whether that still covers what they had planned to do with it.

[value viper] 28/2/2023 20:47

Someone is obviously selling though volume is not significant Seems too low to me based on what we know and cash in bank Tin price has not significantly retraced either

[soho2] 28/2/2023 19:41

They had 18.8M in the bank as of 31/12/2022

[arlington chetwynd talbott] 28/2/2023 17:16

As I said before, mining plays are both the answer to inflation and also plagued by it - do we now have enough money in the bank for what we were originally planning to do with that money?

[loganair] 28/2/2023 13:06

frizzers - this article is a copy of his moneyweek article of many months ago.

[loganair] 28/2/2023 13:05

The biggest problem I see with the vast majority of junior exploration companies is they keep drilling more and more holes to improve their resource statements at their projects thereby using up all their money and needing more and more funding until nobody else will either buy new shares or lend them any more money leading to the company going bust.

Instead once a proven resource is found why don't they start getting the stuff actually out of the ground thereby bringing in an income stream to provide funds for further drilling?

[value viper] 28/2/2023 10:36

Back to the lows - hhmm

[frizzers] 27/2/2023 14:29

1SN covered here: hxxps://www.theflyingfrisby.com/p/revisiting-tin-and-the-tin-picks

[value viper] 24/2/2023 13:43

It's been 9p low before moving up to 15p of recent

[soho2] 24/2/2023 13:18

Especially that the tin price has not collapsed either... very excessive pull back... might even test historical lows...

[value viper] 24/2/2023 12:32

Looks tad excessive this sharp pullback I am guessing

[soho2] 09/2/2023 16:21

https://loom.ly/jVmBkko this is the link from the podcast of Thomas Bünger CEO of First tin.

[bigpecs] 23/1/2023 13:54

Ditto same as you bought in at 30 on the placing shares so it's good to see we are slowly moving back up, will be even better when we make some profit GLA

[czar] 23/1/2023 12:34

I think they did raise enough, it was well over-subscribed. The price of tin is surging again and from what I've heard it should go much higher over the next three years. I may even be in profit on the placing shares at 30p at some point!

[arlington chetwynd talbott] 15/1/2023 10:24

Patience and a very significant rise in the tin price. And we also need to avoid dilution - is there enough money in the bank for us to keep dilution at bay until our ship comes in?

[czar] 15/1/2023 09:23

Tin should hit new highs in a couple of years and this little Company should follow. This looks a bargain at this price especially compared to an institutional placing oversubscribed at 30p last year. Patience required but a multi-bagger on a 2 to 3 year view IMHO.

[value viper] 13/1/2023 13:45

More drill results due and tin on the rise again