Member Info for Lasata

RTN...noted re difference between CORA and SHG...thank you.

Impressive progress here......even if grades not quite CORA level!

There has been a persistent seller at 17p over recent times........if that breaks...then 20p in view

Online version is out

PD....i agree...!

Moneyweek today....our friend Dominic Frisby...

The commodities bull market that began in spring 2020 may be over – or just consolidating, depending on your point of view.

But there is one metal for which the only way is up, as the song goes. And that is tin.

Energy, metals and soft commodities could all go into bear markets and lose 30% or even 50%. The US dollar index could go back above 100. Interest rates could rise. I still think tin goes higher. The shortage of supply is that pronounced.

One is Afritin (LSE: ATM), which is in the early stages of production / late stages of development, depending on if you’re a glass-full or glass-empty kind of person, with its Uis project in Namibia. I own this one as well.

Often you get more leverage in bull markets by buying high-cost producers. Let’s say a company mines a metal for £70/lb and sells the metal for £100/lb. It makes £30/lb. The price of the underlying metal goes up to £110/lb, and so the profits of the company increase by a third.

Now let’s say a company mines the metal at £90/lb. If the metal price goes to £110/lb its profits double. High-cost producers can be very rewarding in bull markets. In bear markets, however, you can get destroyed.

Afritin’s flagship Uis project is a little too dependent on the lithium and tantalum by-product to be economically viable for its tin alone at $25,000 or $30,000 a tonne. But if tin goes to $40,000 or $50,000, then suddenly Afritin becomes a multi-bagger winner.

Thank you Mav......results will be fascinating.....

Thanks Am

If $32k breaks blue sky above.......

When is news due on lithium resources?

Is "Sponge" a reliable source normally?

"Despite coming under pressure last week, tin prices have recovered strongly on the back of consistent news of supply disruptions. The extended lockdown in Malaysia will see MSC unable to restart production, while Yunnan Tin's annual maintenance has begun."

Ref Myles......thank for the details on him!

May i ask who is this Myles chap...is he in the know?

When is news due on NLGM?

How common is it to discover visible gold?

Until now there has been an institutional seller....Sustainable Capital...would be great if they disappeared from the scene!

TIN

Tin is the forgotten foot soldier of the energy transition, which will be the largest long-term demand driver for the soldering metal, Kettle said.

Nearly 50% of demand for tin, estimated at around 340,000 tonnes this year, is for electronic components, many of them vital for the low carbon economy.

Without tin, electrons don't flow and electric vehicle batteries don't charge.

Jeremy Pearce, analyst at the International Tin Association, estimates electric vehicles, renewables and energy storage use around 45,000 tonnes of tin a year.

"This could increase to up to 70,000 tonnes per annum in 2025 and perhaps 100,000 tonnes per annum in 2030."

RARE EARTHSMagnets made with neodymium and praseodymium (NdPr) are used in wind turbine generators and electric vehicle motors.Electric vehicles made without rare earths are less efficient as the battery pack needs to be about 30% larger to cover the same distance, analysts say.CRU analyst Daan de Jonge sees the energy transition lifting demand and prices for NdPr over coming years to levels that incentivise new projects, but cites caution."China owns the intellectual rights regarding processing of rare earths. They invested in the technology when others wouldn't," de Jonge said.China's dominant position in rare earth supply is worrying for other countriesProcessing rare earths is complicated because there are many metals in the same ore, as opposed to copper ore, for instance, which may contain only cobalt or molybdenum.CRU forecasts NdPr demand from electric vehicles and wind turbines at 41,575 tonnes or 62% of the total in 2025, from 20,544 tonnes or 42% of the total this year.

Rainbow Earths CEO George Bennett flies to Burundi early next month, confident that his meeting with President Evariste Ndayishimiye will lead to agreement on the terms for operating Africa’s only rare earths mine.

The project at Gakara is “definitely going to work,” Bennett tells The Africa Report from Johannesburg. The discussions concern the mining convention covering royalties and tax, he says, adding that the company’s good relationship with the government gives him confidence. “Burundi is a very good resource and a very good project.”

Rare earths are crucial to energy transition as they are needed for magnets used in hybrid and electric vehicles, as well as wind power turbines. According to an International Energy Agency (IEA) report that was released in May, global demand for rare earths may rise by three to seven times by 2040.

"Tin prices have come under pressure this week, with macroeconomic factors pushing all base metals lower. In China, there has been increasing pressure for speculators to wind in long positions, while for some base metals there is the threat of Chinese government held stocks entering the market. However, we do not see any such material entering the tin market. Fundamentally, tin remains tight."