Member Info for Antroot

There are still protests going on in Philippines in regards to dupax and abra.

And if gold goes more parabolic, suddenly government can decide you know what what is yours belongs to the people and by people usually themselves. So, geopolitical risks remain especially countries where they catch cold when USA sneezes.

Bit of a rant but with how marginal increase in tin production has been, even with marginal increase in another few 100 tons or so, they would still be operating at loss because they will just increase opex cost. Seriously if they hope to make profits it's looking like they will have to sell tin at 40k and tin being volatile, could go to 31k and sit there for few months but not something that ATM can afford anymore.

The lithium offtake program has gone on for 3 years or more now and not a single offtake agreement inked and now to DFS study?

Tantalum whilst high value is mined in little quantities but majority are here for tin I suppose.

also haven't seen ant do any interviews like in platforms like investor meets company where investors actually get to ask questions.

whilst aware that development is difficult especially for a junior, I just think this idea for doing multitude of things at once is panning out. There's diversification and there's just estrangement of objectives.

Sorry for the rant but it's like the foundation for exponential growth was meant to be laid by year-end 2025 but it's looking more and more like year end 2027.

While some seem happy with the development from the recent RNS, it just appears like ATM is digging a hole for themselves especially as andrada is drying up cash whilst the production is not even break even.

I don't know why they have reported low ASIC, when opex cost increased by 25% and royalty increased overall. Something doesn't feel right with it and at 33k tin with running loss, e

"..April 2025, we released the initial drill results from our exploration programme targeting 13 proximal pegmatites located within previously mined areas of the Uis mining licence (ML134). These pegmatites lie within a 3 km radius of the existing Uis processing plant."

If you go to uis exploration section towards the bottom of the page.

Https://allafrica.com/stories/202510030066.html

Reading on this news, goantagab looks like a fricking mess of litigation. Even the policy makers and judges aren't sure what to make of it. The conservationists say they scare away the animals, the miners say conservationists can't provide jobs for the unemployed, whilst the unemployment stats in Namibia is above 30% with measly 3 million people and top it off andrada has already spent above 3 million GBP here.

On the other hand, andrada now says they have found high grade tin just 3km of the existing mine.

There's some chunky trades going on. Why does it have unknowns? Or nobody knows what is it?

Wouldn't that be what you call Insider info and not allowed?

So the ore sorters won't be implemented until 2028. But any info on pilot lithium plant that could potentially sell some of the lithium?

Haven't they put it into commission on April 2025? At least on Google search it comes to that.

Yep you are right.

@ 0.13 grade you got around 1 million GBP.

@ 1.0 grade you got around 7 million GBP.

Both on monthly basis using 33k realized price. Just from the jig plant.

Very high contrast with grades.

Sad to hear, condolences.

Would think increase in production could kill 2 birds with one stone. Decrease in royalty and decrease in loan but depending on interest and profitability. Would like it ant to get the uis pegmatite drilled out and see how much tin resources of 1% or above grading they have.

So the new jig plant, probably expect it come online around end of December coz I guess probably near the end of commissioning period.

Say a price at 33k, as the AVG price. Coz 30% hedged there and more or less AVG price between march to August.

So this plant will process 40k tons of ore a month. So at 40k with 0.13% of tin. I am expecting about 52 tons of concentrated tin with 60% contained tin and more or less about 30 ton contained tin. So on annual basis that's about 1 million in income.

But with tin of 1% @ 400 tin concentrate take away 30% is 240 contained tin times 33 k is 7 million pa and half profit share is still 3.5million GBP?

Is this right More or less? So getting that high grade feed could be essential in andrada getting that tin up to 2k pa and reducing royalty payment.

Hopefully there's no expensive item accrued and maybe increase in production so that Orion royalty goes down. One could hope.

Hope it doesn't disappoint. There's been

Expecting RNS before December here?

Nonetheless I keep adding on weakness here, hedging a bet that in depth high grades are to be found, similar to alphamin.

The risks you have outlined is fairly pragmatic. Including main thing being orebody being polymetalic, when in fact the company primarily wants tin and so do investors here. When you have multiple ore body things are diversified but that just adds more complications.

The high grade only gets better it seems at depth around 300m or below, similar to alphamin really. If the high grades are not found, it would be pretty average exploration company here. The ones that goes on nowhere for decades.

No worries.

No worries