Member Info for toptiger

No, you def dont, i was under the impression it was the opposite, spodumene definately better than petalite due to the extra silica oxides in petalite, which can be burnt off (the whole point of our current pilot plant and refinery tests).

although it says petalite can contain up to 4% i'm sure spodumene can too.

we do seem overdue with news, and from my experience field result / drilling samples are definately up to the whim of the ceo and also can be used strategically to pad other not so great news.

but, dont think there are any issues currently at andrada.

I did read your advfn post TDT, what was most interesting was your all inclusive grade with tin, i guess you did this based on the cash value and converted it to lithium ?

So i guess AV is currently doing most of this ?

does imply more deals / negotiations to be done in the future, including relationship management with the new partner going fwd we hope.....

What i love about this share (well, the many things actually) are the watchers that come out and post now and again (most welcome).

there are far more watching and investing than we all think.

mind you i am posting less as this site has too many adds and is too slow for me, even if a good distraction while i learn Java.

Well they need to release something, if its all happening, unless they are holding it back to combine it with something else

Meant to say assuming it was a buy, hopefully that was kind of obvious......

Who the hell would want another pharma after this experience ? they are without doubt the WORST investments possible, you want years and years and years for nendless trials, almost all dont work, and you keep getting placings.

def not interested

And it def wasnt me

assuming it was me, have to admire MM as to how they can just keep a price at a certain range to fill an order, they are obviously at risk to people piling in and disrupting their plans, but they prob kind of assume its fairly illiquid and a lower price implies no momentum, fairish value as things stand etc

but they are good at it (does assume this was a buy)

And some biggish trades come through, everything is being soaked up for those who want to sell so think a rise is due

noram are also looking super cheap so might split my next purchase noram / andrada

i just hope AV delivers on time and it doesnt take ages like other certain lithium miners

Thanks BorderSpirit, good find, these are very helpful for us to benchmark against

so.........and these are all rough figures:

- they pay 5% valuing PMT at about 1 billion pounds

- the resource is at the moment better than ours in terms of tonnage, and twice the grades roughly

- if however we get to the sometimes floated number of 200mt at 0.73%, the resource is similar

- tantalum they have is lower and about half of what we have

- the CV5 mentioned is just a name for this area, its not a different type of pegmatite to my knowledge

so assuming we get to or anywhere near 200mt, everything is fairly similar but thats a big if.

either way, there are pros and cons. they seem to have spodumene, easier to process, they will almost certainly have higher costs and higher taxation (our costs for lithium are negative). our tantalum is better but its more about the lithium etc...

so, even if we take half of what they received, that values us at minimum 500 mill ? prob more if things fall in place in a more favourable way, and depends on our petalite / spodumene split as well, to be determined.....

Surprised there hasnt been an announcement yet regarding commissioning being completed. surely this week ?

once complete, and the mkt realises what we are up to it might wake up.

also 7.3 being hit quite hard cant last long

He does know but sadly we dont !

even with the start of the new NFL and college football seasons, september is an absolutely huge month for news in my portfolio. 3 major pieces of impact news, with only 1 concerned about:

andrada lithium partner (though think could easily be october/november the way mining goes....)

africa oil - venus announcement by total (namibia, we already know absolutely huge and graff nearby flows like a train apparently....so have very high hopes for this

kodal - this is my biggest concern, i think its going to be a bit dire if they dont finalise the deal by september, and my gut feel and faith are not that good.

Interesting read TDT, thanks, its certaiall happening in africa

the chinese are certainly favourites for our partner, i would say 70 % chance chinese, 20% chance europe and 10% north america

i just dont think the americans have the appetite for africa tbh

could easily be europe as they wake up so more likely europe 30% chance but will leave it at 20

The wildcard in the article is the shipment of lithium, i assumed this was LCE, not raw ore

Link below came up on my feed and is recent and therefore really interesting

its also similar ish to what we COULD do, and if it was a deal like this, i would revise my views on offtake agreements

so in summary, its 400mill i think upfront over 5 years, whereby glencore will sell at spot ? so its kind of a fwds contract ?

i'm sure its a deal where glencore get the goods and sell it, unless its one of those where the amount paid by glencore comes off the spot received (there would not be much point in that)

glencore as you prob know are a trading house, and the 400 mill will be paid this year

Now, the 10k tons / year is reasonably similar to what our phase 2 will produce (i've got 15k lce production 2025) and the amount paid is very close to my notes on phase 2 cost (440 mill)

might have made a few mistakes and read it differently to most but either way its interesting

https://www.lse.co.uk/news/eramet-says-it-secured-400-mln-lithium-deal-with-glencore-hl0y4txlzbkx45k.html

Not entirely sure what the exact timeframes are for phase 2, and i assume we are talking phase 2, but not sure either if any other continent than asia can process it. i'm sure it takes a while to build a few refineries in europe to process and then create the batteries. in either event would we wait for them to get their act together ? we hear in the news all the time that this and that gigawatt plant is being built but that must take a few years at least.

i must look for a video on the lifecycle of lithium.....so i know what i'm talking about !

but most likely its 3 continents, asia, europe and N america. but really it will be asia i'm sure, outside chance europe

On a seperate note for all you PGM commods people nice update from my favourite SLP, these SA like AV (there is my andrada link) sure can mine.......highly efficient, no nonsense and just get on with it come whatever.

Classic case of europe shouting EV this and EV that and just expecting it to magically happen, and they are miles and miles behind china on just about everything lithium (except stuff in the ground that is).

the lithium EV boom if there is one will take ages and ages, and the net zero targets for this and that are seriously in question but thats kind of obvious. oil will be around for all our lifetimes thats for sure

i think i saw a fairly reliable quote that 5 trillion has been spent to reduce oil dependency by 1%.

its not that EV's are not gaining traction a bit, but will for now be seen as an option only for the wealthy, and the rest of the world is growing at a huge rate and their only real choice is oil.

Is this the guy i filtered ?

surprised anyone can see his messages tbh

Well,

for all of you outb there that likes a bit of commissioning, there is hot and cold

cold is running circuits / water / belts / etc without material, hot is the full go with material i think

so i would be quite surprised if not producing early august although knowing AV already is.

problem is, as i think we are about to produce exploration results (lithium hill i think), some ceos save back good news to temper maybe average news

so might have already started working, who knows