Andrada Mining Share Discussion Threads

[wali19] 27/3/2021 13:23

Pparekh, Afritin is planning to extract Lithium Oxide which is not a battery grade material.Bacanora Minerals is in a similar position with Lithium but they sucessfully developed a technology and coverted LiO to LiCO, the battery grade Lithium a couple of years ago. Now Bacanora is constructing a plant in Mexico with one of the largest Chinese Lithium producer, Ganfeng.If Afritin can get a partner like Ganfeng, with so much resources in the UIS area, the Mkcap will increase multifold.The only challenge is to develop a capability to extract Li from the raw material which has not proven yet, I think, as further tests are required.

[pparekh20] 27/3/2021 01:04

@wali19 - also very pleased about the lithium. 75 million tones at 0.65% is the resource that is currently just getting disposed of.

Anyone know how this lithium resource compares to other lithium companies with a similar type of lithium resource? It is fairly low grade but with the right technical expertise applied, apparently this grade can be increased significantly.

Holding long and strong! GLall

[ukgeorge] 26/3/2021 10:13

I better hold on then :) roll on 10p +

[wali19] 26/3/2021 10:11

The Tin and Tantalum operations update in the next RNS would easily drive the share price to the new highs, particularly any news on the sale of Tantalum.I am more interested in the Li. Any positive news about he development of Li circut and operations in the near future would take the Mcap to 3 times from here id jot more.

[koolio] 25/3/2021 20:09

I can’t imagine that the daily fluctuations in Tin price would scare people or investors in to selling. I believe Afritn have produced their guidance on $19000 per tonne so everything above that is a bonus for the company. We have been having an amazing run and this dip will only scare the weak hands and the under researched. Happy to hold.

[ukgeorge] 25/3/2021 09:24

Tin prices were down 5% yesterday

[ukgeorge] 23/3/2021 17:03

Given the run we have had, this is to be expected.....hopefully the buying comes back soon and we can get to 10p. Such a great story, good commodity to be in and lots of potential

[lasata] 22/3/2021 14:31

And tin prices looking firm again today..........

[jonshevlin] 19/3/2021 23:07

Cash price of tin up 5.5 percent today.

[lasata] 19/3/2021 11:02

Thank you ....that is an interesting presentation for sure!

[ukgeorge] 19/3/2021 09:45

Great presentation, starts at 2hrs 32 min for those that have not listened yet.

[diamond1] 19/3/2021 08:44

I was expecting the share price to jump a bit this morning, following that presentation, but it hasn't. That's good actually, because my overnight order for a few more was filled at a lower price than I was expecting.

Just need some more media exposure now. Maybe Moneyweek will do a follow up to their piece on the company two weeks ago?

[koolio] 18/3/2021 22:37

Diamond, Yes I’m aware of where they are at present as he says himself the process engineers won’t complicate things. But they won’t want to mess with anything until they are certain there won’t be adverse effects to tin production. My point was more that when they do start processing the tailings and ROM for the lithium could we expect to make over 15M a year from a bi- product?

[beeezzz] 18/3/2021 22:26

I've started link at point of AfriTin presentation...

Been watching these for while thanks for link..

[diamond1] 18/3/2021 21:51

Koolio,

They haven't got the facilities to process the Lithium yet, but they soon will have, and expect to be shipping within 12 months.

They reckon they could have one of the biggest Lithium deposits anywhere.

It all looks very, very good.

[diamond1] 18/3/2021 21:49

Bobbieblock,

Watch the presentation from about 3/4 of the way in.

I've just placed another order to be filled in the morning, purely on the strength of the presentation.

[koolio] 18/3/2021 21:01

They are still throwing the lithium aside, for the time being at least.
Still it appears it’s going to be nice when they start working the tailings pile.
I stand to be corrected as I’m surely missing a lot but 0.063% = 6.3kg Li per tonne/ore.
About 70,000 tonnes of ore get processed per month so that’s about 441t of li per month.
I appreciate that our lithium will need to get upgraded to lithium hydroxide and we aren’t likely to get anything like those rates of extraction. Still at 35% we will be looking at 17M per annum.
Happy to be corrected about these broad assumptions

[bobbieblock] 18/3/2021 20:52

Really? What else was said?

[diamond1] 18/3/2021 20:05

That's a very impressive presentation. If the share price doesn't rise on the back of that I'll be buying more of these in the next few days.

Particularly impressed with the statement that they will be shipping Lithium within 12 months.

[jonshevlin] 18/3/2021 14:59

Hi Everyone. New holder here. I watched this -



Made me smile that ATM were originally "throwing the Lithium away" :)

Anyone know if there are possible/economic tin replacement metals if price reaches a certain level?

[ukgeorge] 18/3/2021 12:40

What a cracking share roll on 10p :)

[a2584728] 18/3/2021 08:53

That 550k trade must have been a buy last night ?

[a2584728] 17/3/2021 18:29

Predictions for direction of share price tomorrow ?