Andrada Mining’s earn-in agreement with SQM is value-accretive partnership. Watch the interview here.
And now all are happy we received this offer ..POG is crashing at fast pace and we are safe ... i will take my money here + in June/July and buy cheap miners ... 20-30% cheaper as they trade today
Yes, good Q1 ...less working days compared to Q1 2023 .... with this background very good production numbers .. now they need bringing the costs under control and all is good ... a stable production at blanket will bring them in a good in the funding talks for Bilboes later this year...
I think we need a good first quarter .. lower energy consumption und some sower other costs , stable production and the SP will rise from here ... they had some one time costs reated to the aquisitions in 2023 .. this should be over
Move on and buy Celedonia or Cerrado or other cheap stocks .. no need to cry like little childs ... unbelievable behaviour here at this message board .. unbelieveable ... there was an offer ..80% voted FOR , 20% against .. its completeley OK ... even without a PRO - recommendation from BoD this deal would be a done deal
Looks undervalued @2300$POG . the Blanket mine will show better results in 2023 , exploration results are good ... low debt + dividend ... powerconsu ption will go down in 2024 and some administration costs will go down ... at all a good buying point at 10$ ....
+ i bought some Calibre Mining + some Caledonia mining from the Shanta-gains
Take a look at Montage Gold.. something big happens there ... extremely good management EX-Endeavour, Ex Red Back mining, Lundin Gold ... they will build the next Endeavour Mining ... its like the early days of EDV
April 2 was the record date for the dividend
"invest" is the wrong word ... its more like "gambling"
Like expected ..wonderful ... now hopefully a correction of the POG happens soon ... i will buy some other cheap miners like Calibre , Dundee Precious Metals and some explorers like Newcore, Tri-Star Gold from the gains ....
But , personally i think the TO will happen ... hopefully in 2 days its over
No its not because several funds bought because the offer ... they will sell the shares in the event the takeover is not happening...
This selling is logical .. longest date for closing of this transaction is Okt24 (some people are not willing to wait) ...worst case the current offer will not be closed (news release said its the last offer ..no further raise) ... in the event the votes failes a lot of shares will hit the market and the SP should fall back to 11-12 pence .. thats the reason for the discount...
Yes.. but they solt the bralilian Asset for 60 million USD and cashflow is coming in now for the second mine ... the debt will go very fast and the marketcap is extremely low ... yes, higher risk but a chance for big profits...
I will take the money and invest in Cerrado Gold ..marketcap 20 million$ ... 70000 oz production this year at 1200$ AISC ..debt down via the sale oa project .. and they own a worldclass project in pre-production/financing phase ... there are enough other ceap producers out there
Sorry , you don't know the POG in 1 , 2 or 3 years .. and the costs will go up too ... this calcultion is based on unknown variables ...
LOL ... "should" ... welcome in the reality
Because the stock is up 50%+++ since last low and there are enough other opportunities out there ... and the AISC at New Liuka mine are on the rise every year ... i bought Shanta because WK and there is an high permitting risk ...
... this are my points pro takeover