Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Here is a bit more!
https://www.***************************/tharisa-plc-28.0-potential-upside-indicated-by-berenberg-bank/4121055534
Nice to see this finally starting to move, there's a huge pipeline of news due over the rest of the year, quarterly update due mid-March which should update on the current expansion construction, by product trial set ups and reserve drilling progress.
I'm baffled by the share price movement, the company must be throwing off huge amounts of free cashflow and there is no sign of this changing, the only variable seems to be if its great or really great depending on the gas spot price, there really doesn't seem to be any massive downside only what level the cash build will go to. and yet the market continually seems to mark the company down without any justification (as far as I can see) I would appreciate anyone showing me why £2.40 or less is a fair value?
The anticipated N Eigg "Exploration well capital costs estimated at approximately £45 million (gross)" If they can keep to this and with the money pouring in I think its definitely worth a throw of the dice. Although it would be nice to have a few more details like a Chance of Success! If it comes in there are so many knock on benefits in addition to any reserves/production uplift.
Yes, sentiment seems to be improving, the company is totally undervalued in my opinion, its got a solid profitable core that is consistently growing production/revenue and plenty of near to mid term expansion plans. Onwards and upwards
Looking forward the 2nd quarter should be amazing for news flow, start of production from the Vulcan plant, start of production from Salene Chrome and hopefully news and some more in depth details of Karo Platinum, all starting to feed in to record breaking production figures for the each of the 2022 quarters. If the PGM and chrome prices keep firming up the share price can only go higher.
2022 is lining up to be a great year for ATM, expanding Tin production to 1300 tons/year will have a significant affect on lowering units costs on its own, combined with tantalum credits in the second half of the year and the potential production of a saleable lithium byproduct & associated offtake agreement later in the year, its a blue sky share! Plus the ongoing exploration and resource upgrades should also produce some good news flow over the next 12-18months.
In the update, in my view, there should be a few more hard facts about progress. I feel Anthony needs to move away from all the "potential, possible, we believe statements" Its been 7 months since the DFA announcement, we need a proper programme for installation and commissioning together with a bit more detail on the byproduct modules, together with good ongoing production obviously! Not much to ask
From Twitter feed.
Tamesis Partners’ note on AfriTin: price target 20p: click through to read the full note https://mailchi.mp/cbcde968491b/trr-increased-royalty-payment-4987502?e=39d20a583d #lithium #tin #atm
Great RNS, its what we have all been waiting for. a more definitive start to the eventual production of saleable by products which will change the whole economics of ATM. 2022 will truly be Afritin's year, as and when the pilot plants confirm production of saleable products, the massive phase two expansion will just be finance and logistics exercise.
The Karo update must be getting closer now, Phoevos mentioned in the last webinar (20/10/21) that he expected to announce the plans for Karo Platinum in the next few weeks, it will be interesting to see what reaction this brings to the share price.
Nothing really new, but all publicity is good publicity!
https://www.miningreview.com/base-metals/afritin-turning-tin-tactic-to-tech/
It was good to hear that news on Karo Platinum is only 3-4 weeks away, it will be interesting to find out what the proposed arrangements will be, I assume they will up their stake to 50+% and as Phoevos mentioned it will be a modular slow and steady approach, but the capex requirements and the financing arrangements and potential returns could be significant.