Andrada Mining Share Discussion Threads

[shieldbug] 28/7/2020 09:02

In mid June the operational update said "an upgrade to the slimes dewatering circuit has commenced." and that this work aimed "to advance to nameplate capacity of approximately 65 tonnes of tin concentrate per month towards the end of H2 2020."

In my opinion successfully fulfilling this is key to moving the share price. The company's strategy is literally to prove by doing. For whatever reason tin is not a glamorous commodity and the grades at UIS are not high. So price improvements may not help share price until the company proves it can convert rising tin price to meaningful cash.

That said, I added recently.

[32campomar] 27/7/2020 06:38

New Tin 52 week high set overnight

[32campomar] 23/7/2020 15:53

Tin in touching distance of a 52 week high. One of these days the market will wake up to ATM!

[32campomar] 23/7/2020 07:20

Just a shame no-one seems to have picked up on this, at $15000 a tonne the margins are 20% making this ridiculously cheap at the current tin price. Think the company need to be a bit more proactive on the PR front!

[outlawinvestor] 23/7/2020 06:42

Tin closed @ $17750 yesterday matching its Jan 2020 high.

[32campomar] 20/7/2020 10:07

Chart suggests this is heading back to 1.8p in the absence of any positive news

[outlawinvestor] 15/7/2020 11:15

[Industry news | FYI]

Peru’s Minsur has reportedly discovered a large tin deposit at its Nazareth brownfield project in Puno, Peru.

hxxps://www.mining-journal.com/base-metals/news/1390904/minsur-discovers-new-tin-deposit

[weyweyumfozo] 11/7/2020 16:33

"PUNT OF THE WEEK: Tin miner Afritin is tipped to benefit from the electric vehicle and renewables revolution

PUBLISHED: 21:50 BST, 10 July 2020"



Published after the close on Friday 10 July, so there might be some buying on Monday.

A rather brief article!

[outlawinvestor] 10/7/2020 10:18

Tin traded at $17455 yesterday.

[outlawinvestor] 09/7/2020 18:46

I have no desire to divert the conversation away from the quiet and excellent commodity thread [ but I need a stock thread with various time frame charts and a view of trading volumes.

I will probably post on both threads.

[outlawinvestor] 09/7/2020 18:39

WisdomTree Tin (TINM)


Currency exposure


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[shieldbug] 26/6/2020 09:38

From the Crux talk, AV seems to expect a large (post COVID) spike in tin price due to supply constraints, similar to that seen after the GFC. Worth a look at tin pricing since 2006. Makes today's price look low and a cash cost of $13,800 look good.

It was volatile
Aug 2007 - $14,000/t
May 2008 - $24,000/t
Feb 2009 - $10,000/t
Apr 2011 - $32,000/t

[shieldbug] 25/6/2020 17:36

“We’re expecting a 20% margin, and that’s just on the tin, with the tin price at around US$15,000. Add in the tantalum and the margin goes up quite substantially. Our C1 costs are running at around US$13,800 per tonne, but the bigger we make the throughput the more lucrative this operation will become.”

hxxps://www.proactiveinvestors.co.uk/companies/news/922737/afritin-returns-uis-tin-mine-to-full-scale-operational-capacity-922737.html

[cruxinvestor] 25/6/2020 17:19

Hi guys, here is our latest interview with AfriTin. Watch here:

[weyweyumfozo] 25/6/2020 15:16

Crux Investor interview with Anthony Viljoen, CEO of AfriTin Mining:

AfriTin Mining (ATM) - Should Investors be Excited about Tin?

2:48 - Company Overview
3:34 - The Tin Market: An In-Depth Overview
15:38 - Is it Possible for AfriTin Mining to Have Success Without Jumping on the EV Bandwagon?
16:57, 39:11 - Progress Report: What Have They Got and What's Been Done With it Since December 2019?
30:04 - Lithium's Role in AfriTin: Plans and Development
32:42 - All About the Money: Expensive Financing, Loans, Debts & Deadlines
36:32 - Tin Price to Go Up: When and How Can We Be Sure?
42:04 - The Timeline for the Future: How Much More Money is Needed for the Pilot to Be Completed?
44:24 - Limited Communication with the Market: Why? Any Concerns Not Voiced?
46:18 - Update on the VAT Rebate
47:23 - Phase 2: When, How, and What to Expect?

[weyweyumfozo] 24/6/2020 11:00

Taken from LSE - I haven't had time to read this yet, and it is long and detailed:

Turner Pope - Marketing Communication:

..."Base case valuation of £74.3m or 11.4p per share representing 443% upside to current share price

We value ATM using a discounted cash flow (10% discount rate) approach for its Uis tin mine assuming both tin and tantalum concentration production and a long-term price of US$21,500/t, US$150,000/t and US$400/t for Sn, Ta and Li concentrates, respectively. At 11.4p per share, our DCF valuation is 443% above the current market price. We believe ATM’s investment case is dependent upon the company being able to ramp up production at its Uis operations and realise the potential for additional revenue streams from the production of Ta and Li concentrates during its planned Stage III development. We note that our DCF valuation increases to £77.7m or 11.9p per share should the company be successful in increasing the average ore grade from 0.139% Sn (Measured Resource estimate) to 0.158% Sn through a proposed automated ore sorting circuit after the primary crushing stage and the addition of a petalite (4% Li2O) concentrate circuit during Stage IV development."...................

[weyweyumfozo] 24/6/2020 09:03

Broken out above the previous high (on candlestick chart) at the end of March 2020.

[outlawinvestor] 19/6/2020 09:51

New Proactive interview yesterday.

[allabouttiming] 17/6/2020 16:20

Crux have just posted on lse that they will be interviewing Anthony Viljoen tomorrow, if there are any questions you want to ask then you can post over there.

[fillipe] 16/6/2020 11:44

Goods to see the ATM moving out of the shadows and the consequent start of uptick.

Cash Tin @ $17110, the other day. which all helps.

Now ASKing 2p, with almost that being paid.

f

[outlawinvestor] 16/6/2020 09:54

Quite a detailed update. No mention of new CV19 restrictions, on the contrary operations are back to normal levels.

From their financial models (not independently verified), the Phase 1 project economics are quite appealing once Stage I is complete - target: end of H2 2020.

It is also useful to see their C1 Cash Cost estimates which turn negative in Stage III. Presumably this is down to tantalum and lithium credits.