Andrada Mining Share Discussion Threads

[bobbieblock] 11/3/2021 13:15

Wali - I meant the timeline. End of 2022 for stage 2 or stage 4?

[wali19] 11/3/2021 12:45

Bobbie, the Tin recovery will increase to 70% in stage 3 and Tin feed grade will improve in stage 4 which will increase the Tin production hopefully to 1,000 T p.a. Again, look at the Slide 21 in the presenataion for details.

[bobbieblock] 11/3/2021 11:38

Links to the last broker notes?
Also where is the 1000 tonnes per annum from. Through out of 120TPH is 60 per month - c.750 tonne a year (allowing for above nameplate).

[wali19] 11/3/2021 11:33

The Company is in developmeny Stage 1 at the moment. Soon the stage 2 will be completed which will see an increased production of 750 T p.a. After completion of stage 4, the production is expected to reach 1,000 T, hopefully in late 2021.See slide 21 of the latest investor presentation.

[allonblack] 11/3/2021 11:29

Looks like this has got the funding to expand and next stop 15 imo. Well done all

[lasata] 11/3/2021 11:18

Wali19

Thank you

When will they reach 1000T?

[wali19] 11/3/2021 11:03

Lasata, just look at the last two broker notes and the lastest investor presentation. Soon the Tin production ramp up to 1,000 Tonnes so no need to run the numbers based on 500 T.

[lasata] 11/3/2021 10:14

I would value someone who is more expert than me running the figures through on ATM please?

[lasata] 11/3/2021 09:21

Producing 500 Tonnes p.a. of tin....Mk Cap to cheap imo.

[lasata] 11/3/2021 09:21

Tin price firming further today.....

[ukgeorge] 11/3/2021 08:43

It is a good morning :)

[lasata] 10/3/2021 15:15

Tin prices firm again today.......

[outlawinvestor] 10/3/2021 14:29

It's in the June operational update.

[koolio] 10/3/2021 14:05

Outlaw. Could you please point me to where you found the current production cost per tonne for Uis. I have found the projected cost for Mokopane but not for Uis although I seem to recall seeing it at somewhere around $13,300 per tonne dropping as low as $8,800 as we hit full scale.

[outlawinvestor] 10/3/2021 13:01

At current tin prices ATM's gross margins are second only to a loan shark! Throw in the by-products and expansion and your average loan shark will be green with envy!

[lasata] 10/3/2021 12:09

Not sure why the "troll" mentioned "says the mine can't work"?

Seems to be working well in the twitter video above....

[lasata] 10/3/2021 12:07

Dom Frisby article which some referred to on here last week

"As for a penny stock that could make your investment go up by several multiples or lose you everything, consider Afritin (Aim: ATM). In addition to tin projects in South Africa it is in the course of bringing the Uis project in Namibia, once the world’s largest open-cast tin mine, back into production, and this week announced that its “tin production concentrate production totalled 194.5 tonnes for the fourth quarter, representing a 28% quarterly increase compared with the previous quarter, and exceeding the 180 tonnes production target. Total production for the 2021 financial year amounted to 473 tonnes of tin concentrate.”

So far, so good then – though I am currently being trolled on Twitter by a chap with greater mining knowledge than my own, who says the mine can’t work and that it is too dependent on the lithium and tantalum by-product to be economic. My view is that higher tin prices will solve that.

Bottom line: It’s a bull market. Everything flies in a bull market. But it’s also an Aim-speculative mining play. While there is the potential to make your investment back many times over, there is a lot that can go wrong. Stay around for a good time, but not a long time."

[outlawinvestor] 10/3/2021 12:02

lasata - yeah! My first thought was "looks like a big boys' playground!"

[lasata] 10/3/2021 11:53

Outlaw....looks an easy mining operation

[bobbieblock] 10/3/2021 11:07

hxxps://moneyweek.com/investments/commodities/industrial-metals/602903/the-next-big-bull-market-in-metals-look-no-further

[outlawinvestor] 10/3/2021 10:15

Morning views from Uis! - short mining video on Twitter...

[bobbieblock] 09/3/2021 16:56

That’s at today’s tin prices.

[lasata] 09/3/2021 15:14

Can anyone comment further on my production figures/valuation posted earlier today.....

[fullbreakfast] 09/3/2021 14:18

Today's nice rise highly predictable to me as I sold a few of these yesterday to increase my position in ARCM.

Luckily I've still got 80% of what I had and will be holding on to them.