Andrada Mining Share Discussion Threads

[mold breaker] 04/8/2021 17:36

Today’s TIN price
$36,437.00
+296.00+0.82%

[lasata] 04/8/2021 14:37

good volume today...

[dunns_river_falls] 04/8/2021 13:04

Are we on the march again? Come on let's have some lithium news!

[lasata] 22/7/2021 17:13

Tin prices over $24k and rising......ATH's

[3ootuk] 22/7/2021 16:48

Not all sweetness in Namibia

Canada’s Deep-South Resources (TSX-V: DSM) is taking the Namibian Ministry of Mines and Energy to court as it refused in June refused to renew the company’s prospecting licence for its Haib copper project.

The Vancouver-based miner had warned it would contest the decision “by all means necessary” as it said it had clearly demonstrated that it had met all the criteria to justify a renewal.

The application, which also targets the Mining Commissioner and Orange River Exploration and Mining, seeks an urgent interdict to prevent the government from granting exploration or mining rights over the same licence area to another company.

[ukgeorge] 22/7/2021 10:51

"Fast tracking test work to assess the potential of unlocking two additional by-product revenue streams, namely lithium and tantalum.

These are exciting developments for AfriTin, and we look forward to seeing the results of the test work and providing further updates."

This is the x=exciting bit for me :)

Some good lithium results would be transformational

[a2584728] 22/7/2021 07:05

Tremendous RNS.

[lasata] 16/7/2021 18:12

FT headline today

"Tin prices set record high on back of consumer electronics boom
Supply disruptions in Asia and political unrest in Myanmar also help push metal higher"

[lasata] 16/7/2021 15:16

Moneyweek July 7th

"But if tin goes to $40,000 or $50,000, then suddenly Afritin becomes a multi-bagger winner. "

Tin prices have moved $2000 pt towards the lower price mentioned above.....since the article was written 10 days ago....

[lasata] 16/7/2021 14:40

Mark Thompson on Twitter today...and he knows the tin market better than anyone...

"Shanghai #tin up $1,000 overnight. Now a $1500 premium to LME. If China ain’t got tin, then sure as hell nobody else has!"

[lasata] 15/7/2021 14:38

Any experts on here who could run new figures for ATM with price of tin at $33000 please?

[lasata] 15/7/2021 13:41

Tin prices at record highs again....wonder if ATM will be rerated?

[lasata] 13/7/2021 15:20

What was the large 15m trade today??

[ukgeorge] 13/7/2021 12:33

especially with tin prices at all time highs

[dunns_river_falls] 13/7/2021 12:30

15m trade just appeared.

[valentine73] 09/7/2021 12:33

4% down is a bit harsh......

[lasata] 07/7/2021 15:45

Gap on chart needs filling up at 6.75p...if closed above that then 10p possible

[ukgeorge] 07/7/2021 12:03

Roll on a run at 10p :)

[valentine73] 07/7/2021 11:42

Looking good here again today. This co is a great find, with great potential

[dunns_river_falls] 07/7/2021 11:37

Hopefully the squeeze on tin supplies and increase in prices should coincide nicely with Uis production ramping up. Really could be a nice multibagger. Haven't been this excited about a companies potential since I was in Lo-q many years ago! Just need that news confirming that lithium can be monetised and this should multiply.

[lasata] 07/7/2021 11:23

And we still have the lithium news to come...

[lasata] 07/7/2021 11:23

I am thinking if Tin prices break $32k....they will go to $50k as some experts are predicting.

[lasata] 07/7/2021 11:21

Moneyweek today....our friend Dominic Frisby...

The commodities bull market that began in spring 2020 may be over – or just consolidating, depending on your point of view.

But there is one metal for which the only way is up, as the song goes. And that is tin.

Energy, metals and soft commodities could all go into bear markets and lose 30% or even 50%. The US dollar index could go back above 100. Interest rates could rise. I still think tin goes higher. The shortage of supply is that pronounced.

One is Afritin (LSE: ATM), which is in the early stages of production / late stages of development, depending on if you’re a glass-full or glass-empty kind of person, with its Uis project in Namibia. I own this one as well.

Often you get more leverage in bull markets by buying high-cost producers. Let’s say a company mines a metal for £70/lb and sells the metal for £100/lb. It makes £30/lb. The price of the underlying metal goes up to £110/lb, and so the profits of the company increase by a third.

Now let’s say a company mines the metal at £90/lb. If the metal price goes to £110/lb its profits double. High-cost producers can be very rewarding in bull markets. In bear markets, however, you can get destroyed.

Afritin’s flagship Uis project is a little too dependent on the lithium and tantalum by-product to be economically viable for its tin alone at $25,000 or $30,000 a tonne. But if tin goes to $40,000 or $50,000, then suddenly Afritin becomes a multi-bagger winner.

[lasata] 07/7/2021 11:09

It might well soon.......

[a2584728] 07/7/2021 09:25

It's about time the MM allowed this share to re rate