Member Info for DeffoTheLastSpin

(Opinion: Who the heck knows)

TT

I have been as bemused as you. Maybe i will bump into you in our Devon cave, though Chislehurst caves is much closer and safer. A lot of people survived WW2 by sheltering there.

I am not sure that boredom is the dominant factor in the recent downturn in ATM share activity. My feeling is that the headline news about China's economic decline may be causing some investors, otherwise onboard with Andrada's assets and gameplan, to reallocate their stakes into other sectors until large-scale demand for Lithium looks to be returning. It's understandable. Yes, Andrada's tin production alone ought to support the SP, and it my well do so, but tin is not as ''sexy'' as lithium, so without the constant trumpeting of its virtues that Lithium enjoiys people might not appreciate its true value.

This is just my gut feeling. Please feel free to debunk.

Hi Corryvreckan1

Thank you for the correction. When i said i was no expert, I ought to have written "I haven't a clue about this". Apologies to all.

Hi Rgbuk

You are right. I did misread the trade that way. The stock exchange trades table doesn't translate well onto Android phones ,with columns being moveable and headers not wrapping withing their cells. Others take note.

To be specific: the trade was for 999,255 shares done off book at 11:55

Hi Taufour

The London Stock Exchange (AIM) website displays trades done off-book (https://www.londonstockexchange.com/stock/ATM/andrada-mining-limited/company-page. For the 1m trade scroll down, down, down). These are the trades not done via brokers we mere mortals use (I use Hargreaves Lansdown. #1 in the UK size-wise). I have yet to understand fully who gets to do these closed-door trades, but they are institutional. Only retail trades are reported on investment websites such as lse.co.uk, Investing.com, hl.co.uk etc. I am no expert and i am sure I may have omitted something, but I hope this helps.

A 1m shares, off-book, buy trade (must be) at 7.50 showing 20 minutes ago. Bodes well.

Lots of blue trades to be seen today, so far, and a lot off-book, though we aren't allowed to know if they're buys or sells (we'rr not worthy). It's not hard to gauge, however, going on the strike prices.

Blue Horseshoe loves Andrada Mining :-)

Hi Nesty

That's about the long and short of it. Buy the dips because the rise is coming, for sure. I would like to think a GOOD upturn will arrive a couple of weeks hence, but it's only a hunch.

HI Sasa

China will be China and there's nothing we can do to change that. Any kind of price manipulation is galling, but when it's state-sponsored? All we can do is take it on the chin, I suppose, and eye the trend. Not easy when the seas are so choppy as they have been for everyone this year except our cousins across the Pond. It's galling that the US Gov't overspent beyond recklessly during the Covid crisis but have emerged as the only economy to have had real growth since, and an almost bulletproof stockmarket. It's the Dollar's reserve status, of course, which China and Russia are trying to disrupt. It won't work, but their shenanigans will undoubtedly make for see-sawing commodity prices & more stockmarket volatily. Strap yourselves in for a bumpy last quarter, all.

Very bizarre. Especially as metals are up today, but not as much oil and gas and UK banks, which i suspect is sucking capital away from small-cap miners. I'm not complaining, though. I just bought another 15k shares at an average of 7.04.

Hi TDT

I absolutely agree. But unfortunately short-termist investors are swayed by daily lithium price movements. That can result in the real picture being obscured by perverse SP progression. Provided no additional downward pressures emerge, this should be immaterial to the company's success -and it will be, I am confident.

StanAccy

I cannot agree that the company is overvalued presently. Instead, my own reseach suggests that the SP has been supressed, in part at least, due to a lack of public awareness of Andrada news because of its ticker (ATM). This has caused several online investment platforms to, instead, report news concerning Automatic Teller Machines (thefts from/of cash ATMs, bans on Bitcoin ATMs etc)

Not at all sure what your beef is with TT's post, mate. I got the gist immediately. Could it simply be that tigers trump wolves? No need to reply, mate.

Oogleflugal (far out handle. Like it)

I posted a week or so ago about the lack of Andrada news picked up, not only by UK-centric sources, but across the net (I.e worldwide). As a starting point I referenced my own subscription site, Investing.com, wherein Andrada's LSE ticker, ATM, has caused the company's newsfeed to be stuffed full of articles about Automatic Teller Machines, with the only relevant one in the last 10 months being Andrada's drilling results RNS on 6 July. I was informed by the website's developers that they were aware of it, but I have neither heard about, nor seen, any fix. From the comments given here at the time, it appears this may be a widespread issue and Andrada's public awareness may be suffering simply because of it's ticker. I emailed the company, through their website, the same day I raised the matter here, but have received no response. This needs following up, I strongly feel, so if people notice blanks in Andrada news coverage within their usual web sources, please mention it in this chat room, but also raise it directly with Andrada management via their website. Many thanks.

ART1234...

That strikes me as being the proverbial, and eternal, goose chase. I prefer to count my blessings when they come.

OhDearAlan

From one Alan to another: I think we all can agree that AV wasn't overstating things with his "Eye Watering" assessment of the company's potential lithium revenues. They look to be tier 1, Top Table.

Copper

Many thanks for the useful info. The "large" trades you mention are likely connected with the £7.7-million raised in July from unsecured convertible loan notes issued to fund the lithium pilot plant and tantalum circuit, being swapped for shares - ahead of today's RNS (no comment from me on this bit)

TT

I'm glad you said that. I have often wondered about these irregular-looking trades, but as a newcomer to the AIM, where I have only bought ATM, I was hesitant to bring it up. I hope someone has some insight they can share because it looks very strange indeed.