Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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.
I think we'll now see considerable increased comms on the company and public front. They now need to increase awareness even more of who we are, which will now happen or simply has to happen. So, Marketing that message will be key.
As for the current revenue. I disagree with no mining at profit now, i do believe that since the increase in production our margins have increased significantly. We are producing 50% more with the ramp up, so work that out based on the current $tonnage.
To put it simply there are other "many" miners that are burning through cash at rediculous rates and are not even in production and are trying to get a mine viable never mind having multiple commodities at their disposal. Not to mention higher market caps - unbelievable really when some are years away from producing anything.
Those who understand, know what is coming......it's all about timing.
https://twitter.com/claudiohfox/status/1610988034803249152?s=20&t=Ro45coM6F2hzPDC14F4Rdw
11am in Guernsey.
The SP doesn't need to move. This is a great buying opportunity. The wider commodities market is simply reacting to the wider recessions and global demand not quite being as strong. However, that does not apply to Lithium, as there is simply not enough material now to meet the green transition to EVs or indeed Tin for the wider semi conductor market. Long term we have no issues here, if you are expecting a quick buck short term then this share is not for you. If you are patient and can afford to wait then there are going to be a lot of very wealthy people in here.
EGM on the 5th folks to cement the name change. I suspect that post this the marketing and comms will step up leading into Q2 when we will be into Lithium and Tantalum priduction....
Happy New Year all.
As expected LME Tin stockpiles at an all time low. China reopening for business and the Tin Price is up 1.4% overnight. This is likely to continue the slow trajectory upward.
Production costs now below $20k per tonne for production profit and Lithium/Tantalum to be produced for free in Q2 23. Given the price of Lithium it could well be Tin produced for free. This year will make people happy - continue to hold those lucrative shares whilst the rerate gains traction.
With a globally significant asset for hugely in demand commodities over the next 5 to 10 years. I think this will be hugely achievable if executed, which to date the team have done time after time.