Member Info for Antroot

Was wondering what andrada means by potential for rubidium and niobium credits at UiS mine? Haven't actually come across this in their reports.

Let's not get ahead a bit too much lol. There are still red flags that ant needs to overcome

Man the ppl who bought in last week must be extremely pleased.

my AVG is at 3.6!!

The selling at high volumes is concerning but good news on that sqm coming through but the real cake would be the news on the lithium offtakers and what price.

That would allow the calculation of the margin at the uis mine and allow a bit more realistic fcf and the margin to see if what ant said about lithium or tin for free was viable.

That alone would see SP price higher or lower if the economics is poor.

Looking at their new website, there's two more metals rubidium and niobium included from UiS mining. But there's no indication of it in rns or annual reports. Has this been shown to much proven and probable resource update for this?

Good news on sqm contract news. Will be excellent news on the the drilling results if signs of high grade lithium and resource volumes becomes apparent and will start appearing in cross hairs of lithium investors.

Though lithium is in oversupply ATM, and EV transition is going a bit slow, I expect it to pick up as EVs start getting in parity with ICE. And battery storage starts getting more and better

Also Mercedes have started testing their solid state batteries, which requires far more lithium as lithium metal replaces graphite.

But ant should really ramp it up to get into the sweet spot around 2027. If not, the opportunity may as well pass.

What the .. 17 million more shares...well that's a kick to the nuts, was hoping the guy would start sharing updates on lithium offtakers. But nope, that will have to wait another year?

Are they going to dilute every year?

It is but I think it includes Orion royalty payment as someone before noted.

The news that might change here is the lithium offtake news and could potentially be the first AIM lithium producer.

That would continually derisk the operation side of things.

Someone noted that size may matter more then grades but I think grades are valuable for derisked position whilst operating. It means less throughput, less personnel, less chance of accidents, less uses of energy etc..which all eats up the bottom line.

There are inherent risks here but requires patience, Anthony hasn't pulled out any nasty surprises so far and has slowly been chugging along, towards target of 2500 ton lithium pa and towards 2500 tin concentrate pa or around there.

The negative is the high GA cost but lithium is fairly complex material and with an ore comes abundant of unwanted minerals as well.

Getting those experts can cost money.

The other risk is of course energy, last month in Zambia the drought really hit the country. Could Namibia be in similar position yes, whereby they import energy from safa or nearby zims. The good news is that Namibia is the best region for sun irradiation, though this is something the central gov should act on as well.

I don't know who the other guy is. I only hold 2 AIM stocks and what's with looking at when other people have registered?

Andrada and sovereign at the moment.

Https://www.miningreview.com/battery-metals/andradas-lithium-rise-namibias-mining-evolution/

Hopefully news of lithium offtake agreement will have to update economic modelling for fund managers and see if there is path to profitability here.

That news is slightly confusing but 15% interest held by smu going to utmc which is basically andrada but a subsidiary. Ml129 licence would go to sinco which helps out SMU or small miners of UIS, which are composed of artisan miners who mines at UIS.

When I was talking about partnership I meant big companies like Alphamin or metals X to expand tin ops.

In this case there's no news of partnership at UIS. Artisan miners don't count.

That's financial restructuring and don't think there's anything towards operational partnership as done with SQM.

Partnership at UiS? Don't think they have hinted at it and don't think they require unless if they wanted rapid expansion.

If anything they might want it at brandberg West but that will be in the next 5-10 years and probably better off getting exploration campaign all the way through rather then having multiple things going but not one finished to a satisfactory level.

Uis mines mineralisation fairly low grade, not many would be excited by it.

Lithium ridge on the other hand appears to be fairly attractive with signs of high grade spodumene.

So, I guess will see how big this deposit really is, but the nacc appears to be going at a snails pace for whatever reason to get the contract approved.

If the mineralisation deposit is at 50-100 mil, it's game on and could potentially rival Australia in terms of hard rock lithium.

Whilst there are some marginal improvements, of the resource upgrade.

I would think lithium ridge news should be the next catalyst that might take it to a more serious contender of being one of the good lithium producer/ explorer because of higher grade

spodumene.

The exploration campaign in brandberg will take more then couple of years, and mine development at least a decade before it comes online.

Munitrox going around calling bottoms on aim stocks.

Speculative stocks tend to be volatile. Though, I expect it to go sub 150 if the next rns is absolute bummer, like no progress on petalite off takers, no news of lithium ridge exploration etc..

Funds might have sold off, because I assume they want pure play tin exposure or that tin prices hasn't gone up to 40-50k range which they were expecting.and also lithium play which is an all time low and will take 1 or 2 years to play out. And furthermore, andrada is looking at petalite and not carbonate or hydroxide as of now. But with SMC, they are eventually looking to produce the end battery grade product. Something African jurisdictions all over keep banging on about as well to go up the higher value chain.

Don't know why you are disparaging vijeon for. He doesn't control the sp and hasn't diluted the shares. The weakness In the company of course is the administration cost and the pilot plant needs slight pace.

On a broader market

https://www.mining.com/web/column-tin-falls-back-to-earth-but-supply-problems-havent-gone-away/

Don't quite think so, I would think just a matter of increasing revenue. Hopefully the news of lithium sales at high volumes will get the share price up that would mean road to break even is visible with rest just a matter of expansion.

No gold but they did sell sand as well last quarter.

So Namibian earth is good for sand too, surprising.