Andrada Mining Share Discussion Threads

[fullbreakfast] 17/3/2021 13:03

I recently started following Mark Thompson on Twitter - according to his bio there:

"Executive Chairman at Tungsten West Ltd. Metals trading, mining investment and qualified bulldozer driver. Director at Meridian Mining. Tin guru.".

Certainly worth a follow, and he put out a series of tweets this morning that make good reading. Here they are:

1/6 #tin
I have spent the morning chatting with the premier professional analyst in the tin market. Our views almost 100% aligned on every aspect of what is going on, and likely to happen. Summary points to follow:

2/6 #tin
Pt Timah production now likely permanently lower under new management (2019 80kt, 2020 40kt)

Myanmar production rotating away from cheap alluvials to more expensive underground workings – production now likely permanently lower (2019 60kt, 2020 40kt)

3/6 #tin
Possible new alluvial production of any scale only likely from Nigeria – but that not soon
Decades of underinvestment in tin exploration has consequences

4/6 #tin
Dearth of hard new rock projects that can be mined in the next 3 (or even 5) years
Almost no projects which work at $25k tin – need $35k for a couple of years before the banks will accept the new price floor and lend to them

5/6 #tin
Only metal and concentrate stocks of any size are in China.
Key to evolution of the bull market is watching for SHFE inventory draws.
Tin price needs to go to a level where demand is destroyed for the market to balance.

6/6 #tin
Solder, tinplate, glass making, lead acid battery consumption all highly inelastic
Tin chemicals and alloys are more elastic, but may need to see 25% - 50% demand destruction in these two sectors

It is anyone’s guess what that price is. But is a LOT higher than here.

If only there was a company we could invest in that had a small market cap, masses of tin in the ground, current production, and a plan to ramp up to significant levels of production in the fairly short term.

[ukgeorge] 17/3/2021 11:11

INdeed we all know these are going to be 10p plus soon :)

[a2584728] 17/3/2021 10:56

If MMs are taking all of this stock on board they must know of positive news coming ?

[swordfish7] 17/3/2021 10:37

Go through what? You mean shown on ADVFN, It's just based on the mid-price. It means nothing

[a2584728] 17/3/2021 10:28

I saw my buy go through as a sell?

[ukgeorge] 17/3/2021 10:23

They are just estimates, I don't think you can read anything into them.

[a2584728] 17/3/2021 10:15

Buys been marked as sells??? Why

[a2584728] 17/3/2021 08:09

RNS's will usually only come with price sensitive information unless it's a planned trading update. This doesn't need hollow news flow, we have momentum and blues skies on our side

[3ootuk] 16/3/2021 19:53

I would imagine they would rns anything pertinent rather than say anything other than ongoing development.

[lasata] 16/3/2021 18:13

300tuk...

Why avoid it?

[3ootuk] 16/3/2021 18:10

I wonder if they will have to dodge questions about the tantalum circuit?

[melloteam] 16/3/2021 12:35

Just to let shareholders and prospective investors know that AfriTin will be presenting at Mello Tuesday Investing in Metals and Mining webinar event tonight at 6pm-9:30pm. Use code MTGold70 for 70% off!
The webinar will include how to invest in Gold & Mining, covering everything from buying gold coins and bars through to stakes in gold producers paying regular dividends. We will also cover ETFs, gold indexes, gold exploration & mining companies and investment funds, featuring a number of presentations. The webinar will provide a broad range with a panel session to cover all these options and assessing the risks and opportunities now open to investors. We have a fantastic line up of company presentations from AfriTin, Condor Gold, Taseko Mining and Caledonia Mining.

[lasata] 15/3/2021 10:46

Chart looks like bitcoin used to....

[davidosh] 15/3/2021 10:44

Just a reminder that AfriTin will be presenting at Mello Tuesday (tomorrow) Investing in Gold and Mining Event on Tuesday 16th March at 6pm-9:30pm. Use code MTGold70 for 70% off!



The webinar includes four company presentations and a number of specialist keynote speakers on varied subjects linked to mining and the various commodities. There will also be a panel session to cover all these options and assessing the risks and opportunities now open to investors.

We have a fantastic line up of company presentations from AfriTin, Condor Gold, Taseko Mining and Caledonia Mining.

[mold breaker] 15/3/2021 10:20

any Chartists on here? looks like we’re heading for 11-12p in the not too distant future.

[mold breaker] 15/3/2021 10:01

nice steady rise, there will inevitably be slight retrace at some point, but we have no ceiling!!! What a great little share.

[lasata] 15/3/2021 09:29

Surprises should be to the upside with ATM......

[ukgeorge] 15/3/2021 09:03

what a great company :)

[fillipe] 13/3/2021 20:30

I'll happily sell out at the 41p price mentioned in the ATM part of that article!

f

[contact2fsnetcouk] 13/3/2021 18:13

Interesting share price here




hopefully, on its way!

[mold breaker] 12/3/2021 19:36

BB... agree with you on ALTYN, although RNS’s not very informative and lacking future projections, but I believe they can achieve steady production growth and if Qtr 1 2021 is similar or better than Qtr 4 2020 then we're off to the races and should test 3p..... anyway back to ATM I did say could race through 5s & 6s (post 192). Been a good week!

[outlawinvestor] 12/3/2021 18:48

Just noticed that ATM have updated the "Capital Structure" page on their website.

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

Interesting to observe that as of 26-Feb
- Shore Capital's 8.81% holding has vanished off the list!
- Hargreaves Lansdown Asset Mgt upped their stake from 4.92% to 6.34%
- Canaccord Genuity Wealth Mgt now holds 6.29% - up from 5.11%
- Interactive Investors (retail clients?) climbed up to 5.1% from 2.73%
- Jarvis Investment Mgt reduced from 3.61% to 2.76%

Between them the top 10 hold almost 60% of the company.

I'm still intrigued that we don't see any TR-1s for these movements in holdings but I guess as long as the share price keeps going up no one gives a toss!

[bobbieblock] 12/3/2021 15:14

Off topic, but altyn gold looks remarkably similar - under publicised, large resource, profitable and growing production.
Anyway - Roll on whatever share price this goes to of Tin keeps going like this....

[ukgeorge] 12/3/2021 14:26

They are going to be getting something like $6M from Galp so I don't think that is an issue, yes longer term they will need to raise funds for the equity element to build the mine but this is a couple of years away and hopefully the EC will be lending money on the cheap.

Sorry for being off topic.

Roll on afrtin hitting 10p :) what a great few months

[melloteam] 12/3/2021 14:24

Just to let shareholders and prospective investors know that AfriTin will be presenting at Mello Tuesday Investing in Gold and Mining Event on Tuesday 16th March at 6pm-9:30pm. Use code MTGold70 for 70% off!
The webinar will include how to invest in Gold & Mining, covering everything from buying gold coins and bars through to stakes in gold producers paying regular dividends. We will also cover ETFs, gold indexes, gold exploration & mining companies and investment funds, featuring a number of presentations. The webinar will provide a broad range with a panel session to cover all these options and assessing the risks and opportunities now open to investors. We have a fantastic line up of company presentations from AfriTin, Condor Gold, Taseko Mining and Caledonia Mining.