Member Info for Copper1

How have you got the figure it's costing us 10k a ton buddy,I remember reading a feasibility study for fase 1 the profit margin was actually set at 17k per ton,and loan paybacks at that figure,ill have a look and find it,we will reduce production costs the more tonnage we get through the plant with the ramp up

Expansion complete on phase 1 and commissioning complete,production now ramping up to plus 68% over next few months,good update,

Oogles,my thoughts exactly, that's why I've gone in so heavy on this share,the quiet before the storm

Nice lithium article posted on twitter, This is money,afritin small cap,nice lithium write up,telling everyone what we're doing,a d what we've got,good read actually, I'd post the lt k but I Don't know how lol

PD ,totally agree,they need to throw the kitchen sink at the lithium plant and get it done,get producing

Great find e kooky,I like the bit near the end,hoping to have the full scale sorting plant installed before e d of next year,they already have the small test machine in operation, for samples,The lithium will be a game changer

They just announced becoming members of the international lithium association, as they strive to bring lithium into production,on twitter

Nice article out by reuters this morning, between now and 2030, car manufacturers will spend 1.2 trillion on ev car batteries alone,twice the original estimate, the ev car market is going to be mind boggling numbers going forward, metals ,especially battery metals,will stay strong for years to come,demand will certainly outstrip supply ,gla

Nice article out ,on TVP world website, 1.2 TRILLION cost of batteries for ev vehicles from now to 2030,by the vehicle manufacturers, doubling recent estimates, that's why the Chinese are going ballistic for lithium contracts,and buying up mines.Only a matter of time before we get an RNS of a big take off contract,nows the time to buy,I don't see any lithium priced into this share,watch this space ,fellow investors

The birthday cake and a glass of wine look very insignificant now,compared to the train wreck liz truss has caused,bring back bozza,can't see anyone better lol,only my opinion

Just been reading on international tin association,Alphamin posted strong profit margin in q3,even with the falling tin price,also paid a $36 million in dividends.There expecting tin demand to moderately pick up in q4,Just a look into the future when we are ramped up ,the potential is huge at AFRITIN,gla fellow investors

Are you invested here mate,I doubt it by your negative posts since you just arrived,I’d stick to your words of wisdom in HZM ,you’ll definitely need to be long there,very long mate,

I disagree totally about not been a good time to hold this stock,there’s certainly a downturn in tin price at the moment ,but this company is also about the huge quantity of lithium in the ground,being currently drilled and mapped,and now after the recent placing,the race to get the product on line,if there happens to be a world recession,it still won’t halt the need for huge quantities of lithium,the Chinese are buying up everything they can ,very cheap at this price,cannacord,and the other big boys just paid 5p in the placing,I’ve got great confidence in my investment here ,lth for me

Snoop doggy
Looks like he is panicking lol.from typing no rns to calling it rubbish in 1 minueted,you never had time to read it boi,lol

Pekingduck
A good find that mate,I think this early stage lithium race is just the tip of the iceberg,the serious global climate change will greatly accelerate everything battery,especially ev cars,trucks,and vans.To think the world goal is to replace virtually every petrol and diesel vehicle on the planet.mind boggling amounts of lithium needed,and it’s probably going to be faster than most people think

Boohoo definitely agree,at the moment the lithium is the key,and like you say the money is now in the bank to get it done,the tin price could also turn on a sixpence, china's tin supplies are getting very low.And what a bargain the share price is now,I'm virtually all in on this stock.And remember the big boys have just paid a place price of 5p a share,hold tight folks,

RNS 4th of May,2021,feasibility study,table 4,gives a break even price of 17,777 $pt, of the tin price on the LME,and an assumed long term price of 20.000 $pt.with a pay back of 2.4 years loan, 23.000 $pt of 1.8 years pay back,and so on,my point is we are still working a comfortable margin on a LME tin price of anything over the 20.000kpt,My personal thoughts are that the tin price is artificial low at the moment ie supply and demand,and in the coming months more lithium news pending,I have great faith in the afritin team

Been doing plenty of research these last few weeks.Don’t be fooled by this LME low tin price.There is still a shortage,They are at there lowest stock levels this century.And demand is still outstripping supply,Just been reading capital.com,half a dozen analysts from last month,say tin and other metal’s going to be very volatile prices,through into 2023,think the lowest estimate was around 35kpt to over 70 kpt.The market is in panick mode.I will not be selling any of my shares here.And I would be very surprised if there’s a cash call,We have cash in the bank for the foreseeable future,And AV stated a while back we have the money for the lithium and tantalum ore sorting modules .He also stated the other week he would be fast tracking the lithium into production,and trying to be the first into production on the LSE

The whole markets are down,Afritin doing nothing wrong.stay long and hold tight folks,The sanctions on russia are crippling the whole world and least affecting Russia.were all as individuals paying the price,madness

Yes,brilliant report,going great ,cash in the bank,and phase 1 completed and running within a couple of weeks in full operation, and don't forget the LITHIUM ,everything marching forward nicely