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It’s good to get the message out there and increase the company profile, the more people that know about the Andrada and it’s prospects, the more potential investors there are in future?

Looking at this share price though, crazy to think we are potentially on the cusp of a transformative deal that could drop anytime now?

You never know, who knows who’s on the Barclays list, or I should say short list by now!

Hopefully we all find out sooner rather than later.

If it was a fully working mine up until 1978 I wonder if there’s any infrastructure left that could be reused? Was it road or rail links to this site, how degraded are they now?

Perhaps this just wasn’t the right forum to present company news, sounds more like a high level overview of the company itself, here we are, this is what we do kind of thing simply to get more exposure?

Certainly though like a lot here I’d like to see more flesh on the bones of what they are doing with the money they raised and what the future holds in terms of projects/production/costs etc. Hopefully AV reads the comments here and will fill us shareholders in shortly!

No totally agree, I’ve had my confidence in aim knocked very badly. Horizonte was one of my safe bets!

How investors were fed a pack of lies here is quite shocking, there’s no way you go from everything’s on time and on budget with 60% completed to within a month a delay of 6 months, $200m shortfall and redesigning at this late stage is bordering on criminal.

I had my fingers badly burnt and unfortunately didn’t get out until mid 50’s.

Hopefully Andrada’s management are a much better outfit as they’ve shown time and again they are able to stick to project timeframes and budgets!

I think a lot of the share drift is down to the situation over at Horizonte unfortunately, people needing funds, loss of confidence in AIM, etc.

Now that all the agm resolutions have passed I’d expect to see the Orion deal being signed off next.

Will be interesting to see what they have planned as $25m is serious project money. 2nd mine to be build around spodumene hill/ridge?

Hi defo,

Unfortunately I think you’re looking at the value in pence rather than the volume which was 133234.

I’d hate to think where the share price would be today if we hadn’t had a great RNS yesterday!

Quite bizarre.

I think the fact, as Tricky pointed out, they’ve pushed the lithium partner date out to beyond 30 September is the main cause. To be honest I missed this on my read through as I was concentrating on the production figures which all looked good!

You know I looked at the rns this morning and thought ok, that’s fine and certainly in line with previous information they’ve released, and yet here we are down over 6% with the lithium tie up just round the corner.

Even though I’ve been at this game for over 30 years I still just don’t understand the markets sometimes!

All I can assume is that there’s been some large delayed trade sells as the current volume doesn’t warrant this drop?

Always like to see a UT of this volume well above the ask.

Hopefully not too much in the way of resistance upto this level now.

I think the big problem with EU interest is that they just can’t seem to react to situations very quickly, it’s large a large container ship that takes forever to change direction. Whereas as we’ve seen in different companies the Chinese are agile and can, and they also seem to have large amounts of cash they can throw at projects to get them up and running quickly. I seem to remember AV saying that a German delegation came out and when asked what their timescale was it was 1-2 years after it went through various committees, whereas one Chinese company offered an ‘eye watering’ amount there and then. Obviously this might be an extreme example but an interesting observation.

Let’s not forget as well that the Chinese are also way ahead in EV battery production compared to the EU, so a lot of catch-up required, hopefully the EU want to close that gap?

The mention of south Korea is interesting too as POSCO have recently been making big pushes into lithium. I know it’s a salt flat situation in Argentina, but they have invested almost $2 billion late last year, as well as a $0.5 billion JV with Pilbara Minerals to build a Lithium Hydroxide Monohydrate plant early this year in S Korea. So they do seem very active in the Lithium space.

Listening to the speech AV gave he said built one mine and looking to build 2 or 3 more, so you are quite correct in your 3 - 4 mines statement.

Hope more info comes out regarding this 3 or 4 mines!

As for the trade it looks like a transfer of shares?

Yes, some fleshing out would be good. Potentially issuing a 3rd of the companies shares at an undisclosed price screams dilution which no shareholder is comfortable with, unfortunately we may have to wait until Barclays complete their overview as this might simply be a provision for one or more of the possible outcomes.

I see that Stifel has raised their target price after the news from 18p to 20p, let’s hope we get at least half way there after the Barclays news!

Yes it would be good to get an update on the new circuits and the ore sorting status for sure, but AV has always been very proactive in communicating so hopefully that’s coming soon.

Interesting that in the tweet the emphasis is on lithium not on tin! Interesting times ahead!

No idea, I’m a LTH personally, but you see it time after time on shares, especially smaller shares where the price can be affected by a few trades, just seems to be a phenomenon, knee jerk reaction or whatever you want to call it?