Andrada Mining Share Discussion Threads

[bobbieblock] 01/2/2021 11:10

We should be cash flow positive with Tin at 23k! I like this is a quiet board, shows how much money there is to come in once people notice

[allonblack] 01/2/2021 08:36

Webinar on Wednesday. Good news. Hopefully they will talk about current output, the tin price and if they are cashflow positive at these prices. What does that all mean for phase ii?

[ukgeorge] 29/1/2021 22:59

Highest volume in 3years (ever) about 80m shares this week, really looks positive for the next few weeks, months tin prices also heading the right direction so fingers crossed these will be heading towards the h&p target price 10pbl :)

[koolio] 28/1/2021 17:21

If you haven’t done so already, check out the Hannam and Partners research notes. Free to read and download after registration.

[maverick247] 28/1/2021 15:40

Blog that goes with the research note

[koolio] 27/1/2021 09:51

Nice post Maverick and nothing of substance to argue with in the research note. I had top sliced a bit of my long term holding in SLP last week and put the money here and in JAN so it was quite the coincidence that SLP got a mention in the text. I’ve been buying here since 2.5p with my initial target price in line with another broker guidelines.
Good luck all.

[maverick247] 26/1/2021 21:22

Sponge research note HTTPS://spongeshare.com/research/afritin-mining-research-note/

[shieldbug] 26/1/2021 11:39

Increasing share and metal price should make it easier to fund expansion. Could start to build some momentum.

[pparekh20] 26/1/2021 11:19

Thought I would say hello! Bought a bunch of shares last week at 3p. Could have got them cheaper had I not been so stubborn, but you can never really win when you are dealing with market makers!

Excited and very bullish about tin. Excited to see this company transition into Phase 2!

This is a longer term hold for me with the supply issues with tin and the future demand potential!

[ukgeorge] 26/1/2021 11:18

the strong volume is very encouraging :)

[bobbieblock] 26/1/2021 10:47

Especially at 10k a tonne profit at current levels.

[maverick247] 26/1/2021 10:00

If tin does what palladium did then it won't be a bad idea to be investing in one of the largest tin mines in the world and now producing !;-)

[allonblack] 26/1/2021 08:37

Bought in here. Tin price outlook v bullish and at these levels (23,000) surely the company can easily grow into phase ii.

[bobbieblock] 22/1/2021 09:14

Yes. And a quiet board is a nice contrarian sign.

[ukgeorge] 22/1/2021 08:54

Yes nice to see it move up on volume :)

[outlawinvestor] 22/1/2021 08:03

Early doors flurry of trades today! 500K before the open, 1.88m in the first minute!

[outlawinvestor] 21/1/2021 20:02

I'm pretty sure I read somewhere (probably a broker note) that they receive 80% on loading at Walvis Bay.

[koolio] 21/1/2021 10:35

Yeah, it’s looking nice here.
Tin price’s are up 25% in the past 6 months.
Our last production update in November more than doubled the Tin concentrate level of June. I guess it’s a fair assumption that we are producing 42 tonnes of concentrate a month and that our shipments to Thailand are every 3mths we are getting the benefits of the rising tin prices. Does anyone know if we get paid for the product on delivery to the partner in Thailand or on loading at the docks in Namibia?
Happy to hold here and will continue to buy when funds are available.

[outlawinvestor] 21/1/2021 09:36

From the Twitter feed:

Tin spot prices continue to climb, topping the 5-year high of US$21,820 per tonne. Strong market fundamentals continue as demand increases, with corresponding low availability.



Embedded image shows live tin price at $22,284.50.

[ukgeorge] 21/1/2021 09:29

Thanks for the info. Fingers crossed the high prices are translating into free cash flow.

[outlawinvestor] 21/1/2021 09:04

ETFS Tin is up an incredible 6.8% as Shanghai futures closed above CNY 161,000!
It seems quite possible that the spot price might hit $25,000 during H1.

[outlawinvestor] 19/1/2021 10:00

AV (or one of his underlings) finally found some time to fulfil his AIM regulatory duties and updated the shareholder information on the company website.

hxxp://afritinmining.com/capital-structure/

Interesting to note that AV's holding has moved from 0.67% to 1.4%. Fellow directors Glenn Parsons and Laurence Robb also saw their holdings increase. The increased director holdings are due to share issues in lieu of fees.

A nervous observation for me is the appearance of Shore Capital Stockbrokers as a 9.3% holder. I can only anticipate a series of TR-1s as they reduce their position... Would be nice to be wrong.

Capital International IOM increased their holding from 3.26% to 5.5%. Surprising they did not see fit to issue a TR-1.

Hargreaves Lansdown Asset Mgt shed off 6,196,069 shares... Their position stayed within the percentage threshold so there was no need for a TR-1.

Jarvis Investment Mgt is a new name with a declared 3.8% holding. Again another one where no TR-1 was issued.

Premier Miton Group PLC, Mr Stephen Pycroft, and Halifax Share Dealing were relegated from the list as their positions were diluted below the 3% threshold.

I would find it odd if indeed none of these investors saw fit to issue a TR-1. I'm more inclined to think AV and his Investor Relations team (if one even exists) just couldn't be bothered to perform their regulatory duties.

[outlawinvestor] 16/1/2021 14:32

Interesting read about new lithium extraction technologies...

Protecting fragile ecosystems from lithium mining