Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It's just a matter of being patient. I must admit i'm entirely comfortable being sat on this. Super bullish long term and at these prices......
A very good article of where this is going: https://www.proactiveinvestors.co.uk/companies/news/994598/afritin-is-well-on-the-way-to-becoming-one-of-the-world-s-largest-hard-rock-lithium-producers-with-clear-financing-routes-already-laid-out-994598.html?viewSource=TwitterUK
Simple accumulate and hold strategy here folks. Patience and we will all be rewarded.
What would you define as very long? I'm looking at a 10 year plan.
What is there to update? We all know what the end game is here. Noted i think the Marketing and Comms could be better to raise market awareness of whobwe are and ongoing pictures of tin production ar the mine. All of our competitors are not even mining tin or have at least a 2 to 3 year period before they are even in production. It is this area i think we need to capitalise on and infiltrate Twitter or other means to raise the wider market awareness. However, on the ither hand i'm happy to be under the radar tbh as i'm just slowly accumulating at these prices.
Useful to note this tweet from AV. https://mobile.twitter.com/AnthonyViljoen/status/1571002799072350208
Once in a lifetime opportunity.
It's all about timing. Sit tight and be patient i'm fine with and happy to reap the rewards on this one. It's going to be an exciting few years ahead for us. That's for sure and the opportunity to DCA down is even better.
I'm long term 10 years plus. No issues with this for me other than opportunity to DCA. They have the funding in place to now ride this out and get the Lithium separation plant into production.
A good read folks: https://www.miningnewsnorth.com/story/2022/09/12/critical-minerals-alliances-2022/overlooked-tin-connects-the-digital-age/7558.html
I wonder who that was........
This is what we needed. Certainty, that the foundation to build on to realise the companies aspirations would get funded. Well, here we go folks with renewed confidence.
https://twitter.com/Afritin_Mining/status/1569922674062725120?s=20&t=4UDgSJDNcb8ZRbuwbv4npA
This tweet is very useful Agricore: https://twitter.com/giginator_/status/1569126325964898304?s=20&t=qW3AQguRK1MdmIfxGeXPww
I think the wider Tin price manipulation can't be held down any longer and the wider Tin stocks are at their lowest this year. You can only hold down something for so long especially as it's the glue to the whole tech sector.
Yes, i think we'll see the next leg up with tin soon. $20k was the bottom imho.
Interesting thought from twitter earlier today;
The price collapse in #tin (almost -60% in a few months) will lead to much higher prices as part of next leg up. $21l means fewer producers can operate profitably, no production expansion or new supply. PT Timah production down 26%. Chinese pausing production. Sit tight. Patience.
Well i for one wish i had a bit more paper to scoop this up at these prices. Tin price is now rebounding due tobthe acute global supply shortage. Wait for the global economies packages of support to get their economies going again.
Other than the Tin price and global conditions any other news on why this is down so much today. It pains me to see the likes of Cornish Metals uo when they are at least 2 years away from producing any Tin. Appreciate that operating costs will be challenging this year but if we can get to our end goal of Lithium production then all bets are off here for the longs who will ultimately be the winners.
Anyone have any thoughts on the Tin spot price sinking like the Titanic? Went below $20k per tonne today from over $60k a tonne 5 months ago.
That aged well. Tin spot price just went under $20k a tonne today.....tech recession pending one would guess. Lithium is a must for Afritin now but we have a rough year ahead of us imo. Long term still bullish 5-10 years.