Member Info for TrickyDicky2

Before that tin hit $50,050/tonne on 8th. March 2022 with only 2,275 tonnes of tin in the LME at the time. I've no idea what the SHFE was doing at that point though.

TDT

$38,575/tonne on 2nd. April this year.

TDT

Nesty

Poulden's other share did exactly the same if not better. It still went pop though.

I'm not against a 4 bagger in a week happening. It would just be nice if that bagger came about as a result of real, sustainable added value and not as a result of a temporary puff.

What I find galling is ATM is producing metal at a profit, WSBN has done nothing but intercept a 130 metre core of potentially ore bearing sulphides from 570 metres below surface. Yet both market caps are virtually the same.

If you're in WBSN good luck to you but do keep in mind that drill intercepts at the Adavale and Dakota Salt offered the same promise after initial drill intercepts, until they didn't.

TDT

Mr_Wolfe

BoB quoting Orwell in this instance would have the good man spinning in his grave. The EUA narrative in not even on nodding terms with the truth.

TDT

CCC

Thanks for the reply.

I guess we will just have to wait and see.

TDT

Https://nova.com.na/alexforbes-mining-week-special-feature-anthony-viljoen-from-andrada-mining/

At about 3 minutes in he says July was a record month for tin. The quarter update for June, July and August due September sometime will be presented as a quarter and not monthly. so we may never know if its a record or not.

Does anybody have a view on Goantageb and the 17th. June RNS where it states “Interim processing of the high-grade ore will commence immediately through the existing Uis plant whilst the commissioning of the Plant is being completed."

TDT

Sorry, that last post was to ccc and pekingduck.

TDT

CCC

Just seen your post.

"I'm hearing that tonnages last month were way up......"

How can it be? Plant utilisation last quarter was 90%. There isn't much scope, if any, to significant improve on that or do you think there is?

The only area where I can see a significant increase in contained tin coming from before the new jig is operational is Goantagab's higher grade ore. We know that ore from this source would make a significant difference to the amount of contained tin yet reference to it is noticeable by its absence. Are we getting ore from Goantagab or is it mired in a legal dispute?

TDT

My previous post was in answer to @dvs1 at 08.58. The share price will not move up significantly IMO until the production figures for the current quarter are released and on that note.

AV said in a recent interview, can’t remember his exact words, that this quarters figures would be significantly better than previously (please advise if the wording was different).

The new jig plant will not be operational, according to today’s RNS, until the end of the current quarter so where does the improvement come from? It can only be Goantagab’s higher grade ore. As the RNS of the 17th. June confirmed:-

“Interim processing of the high-grade ore will commence immediately through the existing Uis plant whilst the commissioning of the Plant is being completed."

Why no mention in today’s RNS that this has in fact commenced and what do you make of this statement?

“Tin output expected to significantly increase through additional processing capacity granted by the Jig Plant.”

In the recent interview AV states we would see an increase in the current quarter.

The 17th. June RNS states higher grade ore would start going through the existing jig on 17th. June.

Today’s RNS states the tin capacity will significantly increase once the new jig is operational.

Is todays RNS just badly worded and ill thought through, released to pacify PIs? Is AV keeping the impact of Goantagab’s ore on production figures until the quarter’s results are ready?

We have two means of increasing metal output and I know which one I’d much rather hear about and it’s not the new jig.

TDT

June 17th. RNS

"Interim processing of the high-grade ore will commence immediately through the existing Uis plant whilst the commissioning of the Plant is being completed."

This is the news we are waiting on. Are we/have we been processing the 1.5%+ ore from Goantagab since the 17th. June RNS or are we still only putting the Uis ore through at 0.13%? That's what will move the dial here.

TDT

A couple of months old now and its a bit long but the below article is a good read for those getting to know tin and the markets.

https://discoveryalert.com.au/news/shfe-tin-inventory-decline-2025-global-impact/

It echos some of what is being said here plus some. Well worth 15 minutes of you time.

Worth noting that tin inventory in the SHFE has been on the up over the last 5 weeks or so.

https://www.metal.com/en/newscontent/103477519

TDT

I wouldn't highlight a Richard Poulden project as an example to emulate. He has previous and its not good.

TDT

Run up in the morning, pull back in the afternoon.

Same old same old.

TDT

Difficult to know if its leggit though. Given the ownership of the LME, the nickel scandal involving Tsingshan the false reporting of LME stock in Chinese warehouses, in particular the Qingdao port scandal a few years back, I wouldn't place too much importance on one result. If it keeps on happening however......... 😊

TDT

15. August 2025 - 1,655 tonnes

14. August 2025 - 1,830 tonnes

That's a big one day drop. Not far off 10%. Long may it continue.

TDT

“Pal”

That’s really creepy .

TDT

It looks to me like AV has had his (and our) fingers burned chasing the lithium bubble.

The Orange Trust loan and the CLN's will need to be paid back, Talent10 is now looking like it was made necessary as a result of the lithium gamble. Add to that AVs dismal failure to do what he says he's going to do when he says he's going to do it and its a kick into the long grass for now. Goantagab's higher grade ore might bring some respite but radio silence on that front doesn't bode well. Good news from that quarter would have impacted the VWAP in our favour and minimised dilution. But nothing. Does that mean things aren't going according to plan there as well?

I suppose it will remain a bit uncertain until its not, whenever that might be.

TDT

“…. or have I read that wrong?”

No Alan you haven’t .

TDT

"I can’t see why ACAM would sell out."

Somebody has to be selling if one of the PI accounts goes up by over 7.5m in a month. It being ACAM seem entirely plausible given they've dropped off the 3%+ list. And nobody has said they're "selling out".

ACAM LP deciding to re-coup some of their original investment, especially if they did acquire at 1.8p, would make sense. Nothing wrong with being risk averse, no matter how small you believe the risk to be.

TDT

TDT

The shareholder spreadsheet is provide for information only.

https://we.tl/t-5DgvwZWm4D

The above download link is only valid for 3 days.

TDT