Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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
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
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
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
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
Evening everyone,was wondering if anyone will be able to upload the webinar tomorrow,because I’m away all day tomorrow,while late evening.many thanks in advance.Exciting time ahead.Lithium fast tracking,Race to be first LSE ,lithium play into production
Afritin just tweeted this morning,They are doing a presentation at the, lithium,battery and energy conference between 14th and 15th September.discussing the petalite project at uis mine.
On the CSA global tweet from 21st July,it headlines Afritin,COMING SOON the uis tin lithium petalite project.This share isn’t going to hover round 5p for long.Next stop,off take agreement,then boom ,cheap as chips, gla
Thanks ‘Ev Bull’for putting up the twitter link,I’ve only just read today’s BB,I’ve had no internet all day.This is a hold stock for me,I see many times the share price from here.The end game will be 10x tin production ramp up,lithium,and tantalum,My personal conclusion in a few years would be a share price of 70p plus.and dividends I’m just sitting back and more than happy to wait
A few tweets and pics on twitter from Afritin,they are hosting the lithium industry players at uis today,some pis of AV showing an oriental gentleman some samples,also says they are looking forward to the lithium and tantalum coming on stream,A lot happening in the background folks