Member Info for Early_Bird

From the Q3 results

"§ All-in sustaining cost ("AISC") ³ at USD 30 452 was slightly above management guidance of between USD25 000 and USD30 000 per tonne of contained tin."

Great Post rbuk, always love to see the numbers broken down. Just a quick query relating to the AISC you use is for "Tin Concentrate" when actually the company AISC stated cost I can see is "Containted Tin". Therefore isn't the below correct? (Essentially Tin revenue and AISC cancel each other, leaving lithium revenue -20% and Tanatalum revenue - 20% as the profit)

Tin Revenue $42m + lithium (Petalite) revenue (-20%) $38m + tantalum revenue (-20%) $4m - total ASIC contained tin cost $42m

Gives $42m profit

funded for 2 years+ and carried by a multi billion$ company in a jv agreement for lithium where mila to get to keep all the gold.

yet people on aim decide to chase ****e and get sharked by placings...

this will have its day :) 100% from here to get back to the last placing. management if you read this bb please work on your pr

Snippet

"Project financing discussions positive – Alkemy reports strong interest from global infrastructure and funding partners for financing of Tees Valley Lithium. We expect updates shortly."

"Revenue – Base case modelling assumes a toll fee of $7,000/t of lithium hydroxide monohydrate (LHM), with a range of $5,000/t to $9,000/t. This implies $168m of revenue each year at the base case fee ($7,000/t). This range is based on discussions with various potential customers, and metals and minerals trading partners. Hence, we adjust the economics of the model via revenue line assumptions on fees."

Be $30k in no time

Yes it helps as their main costs are paid in naira and they're earning in USD.

It would be madness for investors to ignore the Tin and Tantalum given ATM will be throwing off $60m pa on this current ramp up phase from these two metals alone. This and the fact both metals are incredibly robust markets (esp given Indonesia has stopped its exports). Try and find another listed Tin producer on AIM...

The key with ATM is that its polymetallic so the Lithium will essentially be produced for free which nullifies your point about it being expensive to produce in this instance.

No worries :)

Https://x.com/AnthonyViljoen/status/1767474474905899050?s=20

Also FYI ive had it confirmed by the company that the 2025 is indeed a typo. The first shipment will be in the next week or so.

Https://www.proactiveinvestors.co.uk/companies/news/1042921/andrada-mining-set-to-boost-tin-output-from-uis-1042921.html?viewSource=TwitterUK

Essentially goes back to what AV says about the fact you cannot min from a spreadsheet like most miners try to do these days... the oly way to know what the numbers will look like from the ore body is to produce a production plant and then use this model to then input the numbers back in to the spreadsheet...

Happy to help you if you need any more guidance

Phase 1 production is to firm up the numbers for the much larger phase 2.

The phase 1 production numbers are clearly highlighted in todays RNS... Tin 2600tpa, Tantalum 45-83tpa, Lithium 30,000tpa. This Phase is all funded from existing cash...

I dont think you seem to realise that any mine in initial production is experimental - this is one of the most ill informed comments ive ever seen.

Https://youtu.be/gHOpa2q6Ij4?t=1172

Worth listening from 19min30 for 5 or so mins

Coffecups.

Theyre selling to the glass/ceramics as this commands a better price currently. Eventually they will process their ore as LCE which commands the higher price.

Orion deal is a royalty loan so they will take I think around 5% of the revenue (from memory). Orions deal fully funds them for the phase 1 production.

The Tantalum is shipping as we speak so its March 2024 - will confirm back with AV.

Stage 2 development will be funded through the strategic partnership process at asset level.

Hope this helps

Its March 2024

I mean this is clearly a cash-cow!

Remembering that 90% of that Tantalum revenue is profit. Then when we add the Lithium on top of that, the Lithium circuit will ALL be additional profit

This is quite something we're sitting on here folks

Im just crunching the numbers here and need a bigger calulcator.

Tantalum sells at $200k/t.

Theyre ramping up to 48tpa then 83tpa = $10m to $17m pa

"Tantalum revenue is estimated to be between 3% and 5% of total group revenue"

That means revenues between $200m and $500m

Https://microcapclub.com/the-conviction-to-hold/