Member Info for Boohoomoon

Morning all,

As i have said before, slow and steady wins the race. Once all the stars are aligned this is going to rip for sure. Tin price on LME over $32k a tonne that is almost 100% upside from November. GLA Q2 is gonna be great.

At the rate tin prices ripping they probably won't need it......we are in a much better position to be negotiating terms imho.

Peking. In this video from 4 weeks ago. The funding is secured and $50mln is in the bank to kick on and get this done.
Look from minute 3.08 and from 5.45. To be fair the interview is fantastic. So what other confirmation do we need to inform Capex funding?
https://youtu.be/P_CLu8YXiSc

What i cant't fathom out is the current profit margins on what we are currently producing are significant. So, whilst I understand the need for funding when the prices were not profitable we have weathered it and are coming out of the other side. I don't see the prices coming down again anytime soon tbh and with that, why would we need the funding as the Tin volume is making it hand over fist.

Either way if this is being held back awaiting clarification then AV needs to issue an updated RNS. I just find it hard to believe though with 30%-40% margins and only increasing.

Slow and steady wins the race.

Great tweet from AV.

Peking. I'm not overly concerned re:funding. We are mining at 30% plus margin now with the increased volume and productivity. Let's wait and see what the offtake agreements are in Q2. As that is when things really get exciting......i think the second largest tin mine globally in Peru was mining 20k tonnes of tin owned by Glencore. So we have a decent pile to go at. These guys have not missed a beat on their roadmap.

We will see a new ATH in Q2.....all about timing and this couldn't be better. We should rename ourselves under the radar. Just wait for the offtake agreeements....what a fantastic year this will be.

This will be nothing in the lead up to Q2.

I wouldn't call £20k sizeable but there is a feeling that someone is offloading chunks now and again to try to keep the price at lower level than where it should be. I suspect MMs possibly playing for posiiton on the basis of the shackles being released when Q2 and the Offtake is announced......nothing will hold it back then. Still stand by ATH Q2

When i said taken out. I meant the $30k tonne Tin price on LME. In terms of takeover, i think there will be a number of big players aware of the size of what ATM asset is and it's worth £100s of millions imho. However, i don't feel that is on the current roadmap tbh, as i fully feel this team and setup with time can get to a tier 1 mining outfit.

$29,300 a tonne now on LME for tin. My four week suggestion is going to get taken out. We will be printing moeny folks. I still stand by our ATH being taken out in Q2.

Slow and steady wins the race.

Only a matter of time before we start shifting tbh CCC.

What's the link Trojan?

Tin up above $34k a tonne on the SHFE......boom

Yikes, my $30k per tonne for Tin may have been tad conservative......just smashed through $29k already.

It's both imho. Double whammy

Throw that into increasing commodity prices. Tin will be at $30k a tonne in the next four weeks on LME, if not before, $40k a tonne on SHFE and we're laughing. I've said it all along 2023 is the year Andrada gets put on the map and where we are now is a once in a lifetime accumulation price. GLA

Yeah, it's all the old tailings from the old Tin mine from years ago before it was shut down. There are tonnes from what in gather with Lithium all through it. That is what the process plant pilot will be doing in Q2 and also taking it from the current Tin extractions presently. The volumes though are significant and all the work has been done for them. Literally like seeing cash scattered all over the bank floor.

People are not fully understanding what we have here. Until they do we will be operating under the radar but when we pop (offtake) we're gonna rocket. GLA

Morning folks,

So LME has gone through $27,000 a tonne and SHFE now at $33,000 a tonne for Tin. DYOR our time is coming, sorry, forgot about Lithium which is simply crazy. Will be printing money this year for sure.

Whichever way you look at it this is a win win share. Tin up 4% in Shanghai overnight and presently sat atv$26,700 per tonne and up on the LME. Rising will continue and Lithium is simply crazy money. Once these guys announce offtake agreement and there are people banging the door down then we will rerate massively and be put firmly on the map. Not financial advice here but if you can afford to accumulate at these prices like i have been doing then this is the once in a lifetime opportunity to do so.