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Well as a LTH I have to say I feel pretty underwhelmed by the update, nothing on the ore sorting which is due to be commissioned next month, nothing on future guidance, 12% complete on the new jig - how about giving any sort of guidance on completion times?

Come on Andrada, this should be a golden time for you with tin flying, give us shareholders something to get our teeth into!

I can totally understand why it’s sold off over 8% already this morning unfortunately.

Certainly had an impact I’m sure.

Let’s hope there aren’t too many casualties but it’s quite a poor region so not sure about building quality/resiliance. Plus getting any official reporting out of there might be difficult.

Tin now over 36k, very positive move.

Interesting tin stock at LME went from 3555t on the 25th to 3080t on the 26th, a drop of over 13% in one day!

Tomorrow I’d expect , it was 27th last year.

Let’s hope for some good news regarding increased throughput, lower AISC and ore sorting being on track!

Wonder at what price AV will take out a new hedge on the tin production. I believe the 33k hedge on about 30% of current production runs out in April?

I was hopeful that the surge in copper prices might have had some reaction here but I guess the company first needs to prove that they can deliver. Fair enough based on their record, let’s hope the disappointments are firmly in the past now.

Hopefully the next set of results show a decent copper increase, even with the power issues that occurred, which should have been somewhat mitigated by the higher copper grades being processed.

The tin price being over $33k again certainly doesn’t hurt, looks like Indonesia exports are down and might be affected for the foreseeable future.

I like Andrada but these officers selling at this time is dumb beyond words, and I think the excuse ‘for tax reasons’ is totally taking the P!

How on earth did they think this would be perceived by the market at this time?

Personally I think AV needs to get rid of board members who obviously have so little confidence in the company they sell out what little skin in the game they had!

I personally don’t care if the funds/short term traders mess the share price around here, this was a major milestone in my book and very happy it isn’t another 6 months down the road before approval was given!

SQM aren’t a company that hang about and do things slowly.

Need the Namibian Gov to approve the SQM deal, but these things always go at a snails pace.

Confirmation that the ore sorting is on track would definitely help as well as more details on this second circuit. When are they looking at commissioning it, how much will it increase ore processing, expected Increase in contained tin, etc, would be good!

Obviously any secondary things such as petalite off take agreement, partnership agreement on Branberg west wouldn’t go amiss either.

Just need that news to start flowing!

Don’t forget that director buys can be a doubled edged sword, it means that they currently have no insider knowledge that would materially affect the share price.

My hope is obviously that they do have positive insider knowledge!

Come on PD, I know you’re not a big fan of AV but really I think you’re starting to stretch the facts here a bit.

He was COO until 2017, 8 years ago and then on the board only as a non exec director until he left almost 3 years ago, certainly not the man behind the wheel that caused the issues at Bushveld.

Https://x.com/Andrada_Mining/status/1891410360181149948

The Petalite sampling continues.

I much prefer walking than running and ending up where Horizonte did.

Well the trade war might be helpful in getting Branberg West up and running with its tungsten resource.

‘Like many other critical minerals, China dominates the production and export of tungsten and produced just over 80% of global supply in 2023. China said it was imposing export controls on some metals, including tungsten, that are critical for electronics, military equipment and solar panels in response to Washington’s tariffs.’

For sure their current cash burn is a problem, if and it’s a very big IF, they were doing nothing to address it.

The figures don’t take in the enhanced revenue and reduced AISC that will be generated once the April ore sorting upgrade is complete? This will be key for me they get it right, and it’s a game changer.

I’ll just reiterate what I posted in November as I don’t think anything has materially changed in the intervening time.

With the upcoming expansion due in April it is anticipated to increase revenue by up to 75% and continue to reduce the AISC of the mining operations due to efficiency and reducing the Orion royalty per ton.

We are awaiting news on an off take agreement on the Petalite as well as further work being undertaken to see if this can be converted to battery grade lithium.

There is the ongoing integration plan for the lithium circuit to be incorporated into the main feed circuit. With this looking to extract 30k-40k tons of Petalite per annum.

Then there’s the partnership with SQM, will be interesting to see the first results of that come in.

Then we have Branberg West, some excellent tungsten, tin and copper grades there. AV seems keen on the partnership options, so hopefully no need to raise via share dilution to progress this.

Also I note that the warehouse supplies of tin in the Chinese market had decreased significantly and in the last 2 weeks before Christmas (unfortunately the feed I had for this information is no longer active so I’m not updated since then) and the LME warehouse tin inventories have dropped over 10% in the last 2 weeks (4815 to 4295 today), is there a tin shortage emerging with Myanmar still very limited in supplying and Indonesia still struggling with the PT Timah corruption scandal?

Does anyone know what happened to this account as saying no longer on X? I used to follow them as they provide some really interesting information on the state of the Chinese physical tin market.

I think the unfortunate thing is that some people just want to value Andrada on their current operations which, in my view, is totally missing the point for a junior mining operation. Tell me a growing company that just values itself on current operations and not on future prospects?

With the upcoming expansion due in April it is anticipated to increase revenue by up to 75% and continue to reduce the AISC of the mining operations due to efficiency and reducing the Orion royalty per ton.

We are awaiting news on an off take agreement on the Petalite as well as further work being undertaken to see if this can be converted to battery grade lithium.

There is the ongoing integration plan for the lithium circuit to be incorporated into the main feed circuit. With this looking to extract 30k-40k tons of Petalite per annum.

Then there’s the partnership with SQM, will be interesting to see the first results of that come in.

Then we have Branberg West, some excellent tungsten, tin and copper grades there. AV seems keen on the partnership options, so hopefully no need to raise via share dilution to progress this.

Yes, there is a seller and probably this has also led to some others losing faith, but personally the current share price doesn’t overly concern me. As long as AV keeps the progress going as he has then I’m happy to sit and hold, certain that this current price is just a short term situation and it will re-rate in due course as soon as the seller is done and news starts to flow.

However it would be fantastic to get an update on the ore sorting please AV if you’re reading this!