Member Info for Safaniya

The last RNS from the company states that it expects that it will be completed in Q2 or Q3 2023

Drilling has started at Nais Nais, hope for some more Li at depth.
https://twitter.com/andrada_mining/status/1643518236145643520?s=46&t=IHfWJFOvP3NnEWLgLIM5ZQ

Some more positive drilling.
https://twitter.com/anthonyviljoen/status/1630603463540240385?s=12

https://buff.ly/3IPE5YQ

Hope the link works, I haven’t read the article myself yet. We will probably have to wait for a production update or news on the additional financing to see the SP moving .

Another positive little video from our CEO (looking very dapper) in cape town.
https://www.brrmedia.co.uk/broadcasts/63dd2c9a52611c376881feec/andrada-mining-video-update-from-cape-town-2023/
Doesn’t say anything new but very positive about current trends and future developments. He’s very active on twitter recently as is Andrada themselves, they posted a picture of the site 5yrs ago and today what amazing things they have done even without factoring into the picture that Covid19.
Can’t believe that our valuation is so low compared with others who are not even in production, just seems to be an amazing opportunity.

He has every reason to be confident, it would be a tidy little business just on the revenue that they actually achieve solely on tin already. The drilling pretty much confirms what he already knows but is necessary because it satisfies institutional concerns and maybe something new targets. I don’t plan on selling any of my shares for a couple of years and the current share price just reflects what appears to be an amazing buying opportunity.

https://m.youtube.com/watch?t=26&v=rdMHrmbATEg&feature=youtu.be

A new Crux interview with our CEO, nice to know that unit costs on Tin are down to $18000 per ton. Finance doesn’t seem to cause any stress and explains that sub £100m companies will get high level of scrutiny from the lenders, 3 teams of lawyers working on getting it done. Nice interview and I remain a happy holder.

SAG definitely doesn’t like losing, they have played a clever game and taken out TPG for a fraction of their value. Sneaky stuff .

The web portal has been updated, registered holders can access the 2021 accounts and a financial update for 2022; additionally there is a agm today in Jersey.
Goodbye and many thanks to Mr Jewson, he was an excellent CEO and leader to the management. Hoping for the best for the company and my holdings.

Sponge is tipping them on his page and twittering it

All good news with the Lithium and looking forward to seeing the positive news flow over the coming months. Chinese coming out of their lock downs and zero covid policy is starting to show on the tin price (up almost5%today) and back over $25,000 ton. Still find it difficult to believe that ATM have not made it on to the tip sheets.
Tin Production up, Tin price up, Lithium circuit in progress, massive mine life, Take off agreements expected. And that’s just Uis, we have so much more than that.

The adjacent license at UIS is being developed by Askari an Australia based outfit focusing on battery metals. They are at least a couple of years behind ATM but have just completed a 10,000m exploration drill campaign with Assays expected in February 2023, I would imagine that what is good for them would be good for us as well. Anyway thought that I would put this up to help demonstrate where we are compared with others who are just starting their investment in Uis area. Google Askari Uis and see how much publicity they have got in the past week, it’s no wonder AV getting frustrated by the UK reaction.
I have now got about twice my original target number of shares and probably very over exposed to ATM but I am a confident holder and here for the long term. Good luck all you longs, please share your research and thoughts on ATM and as the man says enjoy the ride.

Why is it soon as a positive post about shares appears the poster is a blatant ramper?
The share price here got carried down with the price of tin and granted they needed to raise money, which they did successfully at a higher price level than this. Assuming that those investors that funded the company at a placing of 5p know more than most of us, Orion are not known to be fools in the mining industry.
There’s now no doubt that the lithium and tantalum can be extracted to achieve a concentrate that has a high purity and a good commercial value, the tin price recovery to near $25,000 per tonne makes the existing operations profitable. The resource update that is expected on the back of the recently completed drilling program will provide evidence that Uis is in the top 10 lithium deposits globally. But someone says something positive on twitter and it’s a blatant ramp.
Another bit of today’s announcement that has been overlooked is the hire of Nicholas for advancing the commercial aspects of our lithium and tantalum strategy. Nicholas brings a strong commercial capability having led early-stage lithium projects through development, definitive feasibility studies, execution of offtake agreements with global counter parties through to execution of commercial transactions. His most recent role was head of corporate development at Prospect Resources (ASX:PSC), where he led the strategic process to advance the Arcadia Project, featuring petalite and spodumene, which culminated in the sale of this significant asset to leading new energy company, Huayou Cobalt, for US$422 mill
Does anyone else recall how much greater the sale price was than their listed price.

https://www.youtube.com/watch?v=P_CLu8YXiSc

Lovely interview at Mines and Money, sounds like really exciting times ahead. Imminent even

Sorry wrong thread

https://www.proactiveinvestors.com/companies/news/999711/afritin-mining-targets-bringing-lithium-resource-into-revenue-mix-999711.html

Lovely little interview; happy to be along for the ride.

Tin price may have bottomed and heading Northwards, despite what others may say the fall in the tin price has been reflected in ATM share price. In defence of the management and to point out that when the plant expansion began and orders placed for the long lead time items the price of tin was hitting record highs every week. The team followed the strategy that they had laid out before the plant had achieved name plate and delivered every time. Only an fool would believe that the shut downs in Chinese factories due to Zero covid and the troubles in Ukraine since February 2022 has not had a dramatic effect on the commodity price. No the management could not have foreseen this, they’ve done a grand job and I have every faith that they will continue to do so.
https://www.metal.com/Tin/LME_SN_3M

Totally agree with you Audio, I never would have believed that we would see such a low SP again. I bought from 2p ish upto 9p as and when funds came available and averaged at around 5.3p. The price of tin has declined somewhat from the highs but that was to be expected and was forecast by most analysts, otherwise the story at ATM has got better and better.
When the expansion of phase 1 completes or there is an offer for takeoff on the lithium i would imagine that the shares would almost 10 bag from where we are now it shouldn’t take much for that to happen but probably needs a journalist like Simon Thompson to write it up and draw attention to them. Sure there are negatives for individual companies such as inflation and rising interest costs but, UK is a tiny little market in the scheme of the world. ATM don’t have to raise money, they are a profitable company with cash in the bank and are set to increase production so if they can’t get favourable terms then phase 2 could simply wait.
I fail to see how this share can be so cheaply traded or why anybody would be selling them unless they were in a distressed situation, certainly would not sell any of the shares that I have. The management team are honest and the country is stable and developing so Risk reward ratio appears incredibly one sided at these prices. Happy to hold despite the frustrations. GLA

Over 50% of LSE quoted stocks are down today, 3mth tin is at 31,190 about 5% down today. ATM are cheap but they aren’t going to go up on a day like today without new news. Enjoy the knowledge that they are cheap and they can’t stay cheap forever.