Member Info for TrickyDicky2

Interactive Investor up from 123.171m to 128.707m

Hargreaves Lansdown up from 102.071m to 113.829m

Canaccord Genuity down from 102.658m to 93m

FIL Investment down from 82.080m to 67.617m

All the rest are no change or minimal charge except Directors & Employees which is up by 3.8m.

The potentially more significant changes in holdings totals can't be seen on this update since it doesn't include ACAM LP and JLE Group Ltd. If ACAM bought in after a site visit they could only have done so by acquiring somebody else's, FIL or Canaccord's, holding. As for JLE Group they might have been hovering just below the 5% threshold. I suspect ACAM acquires FIL's but I'm not so sure about JLE Group. If JLE did snaffled Canaccord's holding then the sellers are gone. The next update will be the important one. If they follow the pattern on recent updates that should happen beginning to mid April.

TDT

They've added a date of the 28/02/2025. I doubt much has changed given that the recent TR1's are March. If it has I'll report back.

TDT

The JLE Group Ltd. is wholly owned by JLE Holdco Ltd. the major shareholder of which is a chap called John Lloyd Evans (hence the JLE). About 15 months ago a new director was appointed to JLE Holdco Ltd. by the name of Dane Houlahan. Dane is a partner at a company called Quercus International.

https://www.quercuscf.co.uk/team/

He is also a former senior KPMG M&A Partner.

JLE acquiring 5% of Andrada given their current sectors of interest seems a bit left field. Dane Houlahan being appointed a director of JLE Holdco Ltd. seems equally left field given his field of expertise……

……or is it?

TDT

Richyf3

The one thing you can be sure of is the large II and HNI holding Andrada shares will know an awful lot more about what's happening and when that us PI's.

Follow the money.

TDT

A couple of strange things going on here at the moment. JLE Group LTD! Can anybody figure out what’s going on with this lot acquiring 5% of Andrada’s share capital? Is this a vehicle for hiding the true ownership of the 5% shareholding? Does anybody have a handle on this company or its directors?

I have screen shots of several updates from the Andrada web site showing changes in the +3% holding figures from 31/07/2024 up to 31/01/2025 and each one is dated. The holding figures haven’t changed since 31/01/2025 but the date that confirms when these holding figures are valid from has been removed.

If somebody is accumulating, and I think they are, they do seem rather keen to keep below the radar.

OhDearAlan

You posted as I was writing the above. I noticed the date disappear the middle of last week and assumed it meant the +3% page was about to be updated but so far it hasn't.

TDT

“Yes, GLG2, "It keeps getting better and better". What a Prawn!”

The association is an insult to the crustacean🦞 community 😊.

TDT

Orslega

You've been rumbled and owned.

TDT

LF

Just as well there isn't much call for Danish blue cheese when trying to bring an old mine back into production then!

TDt

“Rampant uk inflation ……”

Really 🤔

"....nothing has changed in uk. glad i got out...."

Glad you left and I feel sorry for your hosts.

TDT

....maybe but this does give you some idea of what can happen if the resource is right. Oh, and it does involve SQM so worth a read.

https://stockhead.com.au/resources/resources-top-5-local-lithium-hero-azure-minerals-flies-on-sqm-bid-errawarra-catches-a-ride/?utm_medium=email&utm_campaign=Lunchtime%20-10-25-2023&utm_content=hxxpsstockheadcomauresourcesresourcestop5locallithiumheroazuremineralsfliesonsqmbiderrawarracatchesaride&utm_medium=email&utm_campaign=Lunch%20thurs%20Oct%2026&utm_content=Lunch%20thurs%20Oct%2026+CID_bcb65e86aca706c44410f49867a717ad&utm_source=Campaign%20Monitor&utm_term=Resources%20Top%205%20Local%20lithium%20hero%20Azure%20Minerals%20flies%20on%20SQM%20bid%20Errawarra%20catches%20a%20ride

TDT

From Chat GPT.

"Cornish Metals Inc. has not yet commenced production at its South Crofty tin project in Cornwall, UK. However, a Preliminary Economic Assessment (PEA) completed in April 2024 estimates a Life of Mine (LOM) average All-In Sustaining Cost (AISC) of US$13,661 per tonne of payable tin, positioning South Crofty as a low-cost tin producer"

That based on a 2024 PEA so anywhere between $13,661 and twice that.

TDT

Not quite right. AISC for the quarter ending Nov. 2024 was $30,779/tonne. This relatively high AISC was primarily due to higher processing and maintenance expenses associated with engineering improvements at the Uis mine.

Despite the quarterly increase, the year-to-date AISC for the nine months ended November 30, 2024 averages out at $28,575/tonne of contained tin. The next quarterly update, due the end of this month, should see a further fall in the AISC.

TDT

TDT

Tin price on the Shanghai Futures Exchange hit the upper limit and surged 10% on Friday as Alphamin Resources

AFM

halted its tin mine in the Democratic Republic of Congo.

Alphamin Resources said on Thursday that activities at Bisie tin mine in Congo's North Kivu had been halted "after insurgent militant groups have recently advanced westward in the direction of the mine's location in the DRC occupying the towns of Nyabiondo", the company said in a statement.

Shanghai's most active tin contract

FTIN1!

surged 10% to 291,510 yuan ($40,212.16) a metric ton on Friday, as 0219 GMT.

"Bisie tin mine is the world's third-largest tin mine, contributing to 6% of the world's tin ores in 2024," said Wang Weiwei, an analyst from Yide Futures, said in a note.

"It's not clear when Alphamin will resume operation. Meanwhile, as Wa State in Myanmar looks into restarting their mining operations, any significant increase in tin supply stemming from this area isn't expected to be evident until May 2025. Given this potential delay in supply increase and the current tightness in supply, tin price could potentially see a bullish trend in the near future."

https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3PX026:0-shanghai-tin-prices-surge-10-on-alphamin-s-mining-halts-in-congo/

TDT

The price, currently, $36,410/tonne.

https://www.metal.com/Tin/LME_SN_3M

LME stock, at close yesterday, 3,500 tonnes.

https://www.westmetall.com/en/markdaten.php?action=table&field=LME_Sn_cash

TDT

Agreed. The rise is also built on external factors which can so easily reverse. Andrada has no control over what's happening elsewhere but they can control what they do at home. We need a good 4th. Q 2024/25 operational update to underpin everything. Delivering that now would solidify the recent rise.

TDT

"you’re full of ****e buzz, why don’t you & your little buddies feck off and leave this board to grown-ups"

Said the grown-up 🤣🤣🤣

TDT

Dietch666

"Tim Nice but dim comes to mind...."

Drop the "Nice" and you've nailed it.

TDT

$33,420/tonne at the moment.

TDT

Is it only the rich that get to decide what can and can't be said? At least you can vote out governments if they do something you don't agree with. Who controls the billionaire bros?

Don't forget spec you're an immigrant in Canada yourself. Your forebears just got there longer ago than more recent arrivals.

https://www.youtube.com/watch?v=Wh-dnijlMA4

Smart woman worth 10 minutes of your time.

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

This is what far right ideology aspires to and these are some of the people who endorse it.

TDT