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RNS 6/4/22
o Current mining operation at Uis Mine is producing 850 tpa of tin concentrate;
o Continued expansion of current operation aims to increase tin concentrate production up to 2,800 tpa; in addition,
lithium concentrate production of 60,000 tpa and tantalum concentrate production of 45 tpa will commence;
Phase one......Q2--2022 onwards
RNS 18/11/21
The pilot plant is expected to cost GBP2.2 million, consisting of CAPEX and operating costs over the course of the pilot campaign. The plant will be funded from existing cash reserves. The Company plans to operate the plant for an initial period of 6 months, generating bulk product sales for the purpose of establishing a long-term offtake agreement. Results from this pilot will inform a bankable feasibility study for the integrated full-scale circuit. AfriTin is engaging with possible EPCM partners for the implementation of the pilot plant by Q2 of 2022, to be followed by the implementation of the full-scale petalite concentrate circuit.
AfriTin Mining (ATM) - Tin Producer With large Lithium Endowment
6 Jun 2022
https://www.youtube.com/watch?v=f5FiaJNzyio
C&P, ANGS, BB, next door.....
john henry25 May '22 - 20:19
They will make £450,000 from the initial hedge plus approx £525,000 from the unhedged per month on 1.5 m/th
That’s £975,000 revenue p/month
A successful sidetrack of 1.5m/th will given revenue of £2.5m p/m
Total revenue £3,475,000 p/month
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5253320
UK, JUN22 147.950 / therm.= 100cubic ft....... Q4,22. 238.400
US, $9.20 / Henry Hub.= 1000cubic ft.
Debts will be paid out of cash flow!!!!
And there's going to be shed loads of cash coming in........
tmk, gla
The turnaround play is greatly damaged if Atlas get 250m shares at an exercise price of 0.29p ??
I hope this doesn’t drag and I also hope VAST don’t screw shareholders again
Still holding but bit more cautious given recent RNSs
Phase one is a huge step up.......
Uis Mine (Mining Licence ML 134):
o Current mining operation at Uis Mine is producing 850 tpa of tin concentrate;
o Continued expansion of current operation aims to increase tin concentrate production up to 2,800 tpa; in addition, lithium concentrate production of 60,000 tpa and tantalum concentrate production of 45 tpa will commence;
o Phase 2 feasibility studies for larger-scale 10 Mtpa ROM operation underway;
persi, you do p**s me off!!!!!!!!!!!!
Sell up and go away....
https://www.marketwatch.com/investing/stock/dbrm/financials/secfilings?docid=15744399
Maybe, maybe not.....
To preserve cashflow for developing the project, this will be paid in four annual instalments of US$800,000 commencing on 1 July 2022 with the final payment on 1 July 2025.
Mirasol.....I did say.......
Union Jack Oil plc
@UnionJackOilplc
#ujo
RPS data from W/Newton A2 well indicates potential for initial production rates of 35.6 mmcfd of gas per day and 5,900 boepd from a horizontally drilled well situated in the gas zone,
Also indicates potential initial production rates of 1,000 bopd
from oil zone!