Member Info for jam2morrow

If its going well we should be hearing something Yugo. The mining website link you posted sis a good one with good info. ''Investors should look for a clear commissioning timeline with measurable milestones: first ore through the jig, first concentrate produced, days at target availability, and initial recovery and grade data.''. There ia always a chance that this jig does not bring enough economic benefit....the longer it takes the greater that chance...IMO , of course

I make that @70 days since commissioning started. Tin price is good but lack of operational news is strangling the sp.....market nervous this is going the same way as ore sorters

Realistically, best part of a decade.....they will look to prove up the resource and sell to bigger outfit....only my opinion, of course

''First Tin PLC, a tin development company with advanced, low-capex projects in Australia and Germany, announces that it has received a non-binding Letter of Interest ("LI") from the Export-Import Bank of the United States ("EXIM"), outlining potential financing support for the Company's Taronga Tin Project ("Taronga") in New South Wales, Australia.''

I assumed the April date but that was Heads of terms only....so 6mths from axis downpayment .....which could still be extended

Good info Jdubya.....the proposed purchaser for leigh creek is 'axis mining and minerals pty' they have until end of month to exercise their purchase option (can be extended). Interesting

Would need to dispose of them to crystalise the loss . There may be specialist brokers who would be willing to take them. Contacting your own broker and asking would be first step.......let us know how you get on !

4mil AUS will be the total amount of earn out payable to SML over however many years it takes ? Since this earnout will come from net free cash flow I wouldn't expect anything too soon. The update is welcome but the extension caveats mean it could drag on a while. More educated analysis welcome as well !

You can realise £12k profit in this tax year by selling shares; above that then Capital Gains Tax applies If you have some duds you could sell at a loss and lessen CGT paid on RR gains. Worth considering as the Tax year comes to a close

''reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments falling within DTR 5.3.1''

My understanding is that FIL have notified going under the 5% threshold (to 4.9%, i think it was) and that's all they've got to do, because Andrada is non-UK issuer. I'm not sure why ACAM have notified, unless they thought 3% was the applicable threshold here; gave the sp a good kick up the backside tho'.

Today's TR-1 could mean that FIL have decided to get out altogether and JLE have bought them out plus a few more on the market......just my understanding of course.....given things a good shake up whatever

Berlioz.....the way you have worded it suggests a knowing manipulation to let a big new investor in.......surely nothing so underhand could happen on the AIM market ? : (

@Martins.....it tells us that Fidelity have sold down from just over 5% to just under 5%. This is the notification RNS to tell the market that threshold has been crossed. The thresholds on uk markets depend on whether the company (Andrada) is UK or overseas. For overseas co's I think the thresholds are 5, 10 ,15.....etc % for UK its single increment %ages down to 3%. That's my understanding, anyway but best DYOR. There may be more co's/ PIs that are selling down. Obviously, over the past year or so more are slling than buying; hence the share price

@corryvreckan1....report when threshold is crossed would be my understanding. The conceit here is that we have a single seller steadily offloading.....could be multiple PIs following downward trend.

@ohdearalan....could be ! that happened to BCN with big Chinese outfit Ganfeng.

Good call munnietorx....how much further is the question now

Would cost of Barclays 'services' be included in Admin budget ? I doubt very much that we will be paying them on e results based arrangement

''a huge distraction'' agreed, but more importantly how big is/was the cost ? No mention of Barclays continued involvement in this strategic process. In the past this share has mirrored the tin price , for better or for worse. I don't think the hedge on the tin price first 20tonnes should be that much of a drag

Lithium price will certainly have been used by prospective partners to tip the deal balance in their favour: check the lowball offer for ALL that was rejected recently. Demand from China has dipped markedly. Europe and the West in general are slow to change from ICE, not helped by global events. SP here has held up pretty well tho', and the market appears to appreciate that the right partnership deal is going to take time in present conditions

Thanks. The creditors want their debt paid off so resuming shipments would appear to benefit all; maybe the creditors prefer a one off payment instead of stop/start installments. What indo sino wants is probably the key.

I bought some cadence shares when BCN was sold because i wanted to keep an interest in Sonora. Not a great move, but que sera.

Anyways, I thought that cadence had some ''income'' from the iron ore stockpile in Brazil. To paraphrase the interims from a couple of weeks back : ''shipments from the stockpile are economically viable but the secured bank creditors must approve the operation''. Presumably the creditors approved the last shipments in '22 and '21. Anybody have any info/ideas on why they won't approve them now ?

thanks

Reading this cr@p tonight.

Poster puts up useful info of company operating in similar space.......to be met with barrage of whining and childish name calling that brought precisely nothing to the discussion.

Intelligence level here has sunk lower than the share price.

Empty vessels making too much noise.

If you disagree with what someone has posted then either put up a reasoned argument against or ignore them.