Member Info for TrickyDicky2

Fulmar29

Brazilian Nickel plc is a heap leech operation, you might want to take a look at them. This is worth a read. Seems to imply that heap leeching nickel laterite is not that easy.

https://www.braziliannickel.com/wp-content/uploads/2017/09/THE-DEVELOPMENT-OF-NICKEL-LATERITE-HEAP-LEACH-PROJECTS.pdf

TDT

That 1m sell today was the last of my Amur shares. After over 13 years its a real disappointment to be ending my involvement here on such a damp squib but there you go, nothing certain in this game.

Hanging on is a gamble with the very real prospect of there being nothing at the end of it whereas my other investments have very real prospects of doing very well (don't they always 😳). If Amur does pull a rabbit out of the hat at the last minute then well done to those brave enough to hold on. You deserve it.

TDT

Just in case you miss this bit.

TDT

"For Namibia, Japan will agree to a work plan with Epangelo, Namibia's state-owned mining company, looking to reinforce the supply chain for rare earths and other minerals."

"Though Namibia is rich in zinc, copper and other resources, its supply chain remains underdeveloped. Yet Namibia has a large port that places the country in the running to be a major African export hub."

Thanks to UKGeorge over on the A D V F N BB.

TDT

"The Japan Organisation for Metals and Energy Security, the state-owned resource explorer known as JOGMEC, intends to sign a memorandum of understanding with Zambia soon. JOGMEC also will finalise work plans with Congo and Namibia based on preliminary agreements already reached with the two countries."

https://asia.nikkei.com/Spotlight/Supply-Chain/Japan-builds-supply-chain-for-EV-battery-minerals-in-Africa#:~:text=TOKYO%20%2D%2D%20Japan's%20government%20plans,joint%20exploration%20in%20each%20country.

Thanks for posting Safaniya.

I was discussing with another Andrada investor the difficulty comparing what we have to other lithium project because of all the variables involved. The Miner Deck table illustrates that quite well. Andrada might be way down the list but if you look at the depths for all the intercepts only Sayona Mining is nearer the surface than Andrada. Patriot, for example, is from 196meters.

Overburden and stripping ratios has knackered the economics of many a project.

TDT

The drop dead by date is 6th. September. I believe the BOD need to give 21 days notice to call an EGM to put to investors any proposal to RTO or be re-admitted to trading on AIM as an investing company under AIM Rule 8. Its my understanding that they need approval from investors for either but if anybody with more knowledge knows otherwise.

TDT

Interesting that PBM doesn't appear to have tin in their pegmatites. Furthermore their resource is all in the inferred category so on the development path they're quite a way behind Andrada. They're not expecting to get their CV5 pegmatite into production until 2028 which probably means 2030 with all the permitting issues and environmental hurdles they'll need to cross in Canada.

Having said all of that their current MC is in excess of US$1B so anything within the vicinity of that by Andrada would be welcome.

TDT

If its is that good why, for over 10 years now, have they failed to produce and publish any of the usual information a bona fide junior explorer publishes? Why keep it all under wraps? Putting that sort of information in the pubic domain allows investors to make an informed choice plus it bolsters the share price. It's seems to me that Eurasia, together with a group of investors, has spent all of its time encouraging PIs to make ill informed choices.

TDT

"....if they want to dispute the historical geological data......"

Nobody is disputing that geological data exists. What is disputed is what it confirms. Where's the independent CPR? Where is the 3D model confirming the size, shape and depth the ore body; the drill intercept map showing depths and spacings; the proposed shell pits. In other words the usual information that's released to the market as work proceeds and the project develops? They haven't released any of the important detail either because they haven't done the work or if they have they will not publish it because they know that the story it will tell will burst the myth of a multi million dollar valuation.

The devil is in the detail.

TDT

It must be your age Helpful making you so forgetful so let me refresh it for you. As posted on here previously I invested in Regency Mines years ago but managed to get out without be scalped. I took a hit but nothing in comparison to what you've been complicate in encouraging others to do here.

Lesson learned. Never invest anything in a company headed up by Andrew Bell and even less so in any company promoted by his loyal poodle.

TDT

Pinocchio doth protest too much, methinks.

TDT

Stocks of tin in the LME have been rising to meet the curb on tin production coming out of Myanmar ever since the plan was first announced.

As of today the LME has 5,125 tonnes of tin.

https://www.dropbox.com/scl/fi/tnifubvi9zmb13mk02yso/Tin-2023.png?rlkey=dcn3qlaiyv40ij3zx9fnvlqkz&dl=0

TDT

"A detailed plan to suspend all mining activities in the Wa region in Myanmar from Aug. 1 was released earlier this month, the International Tin Association (ITA) said in a statement on Wednesday."

https://www.lse.co.uk/ShareChat.html?ShareTicker=ATM&share=Andrada-Mining&thread=74BE3198-DF75-49DA-B167-E73D33F3DFE4&reply=true

TDT

The only thing that will stop the sale of assets here is the absence of any assets worth selling.

TDT

Pinocchio never loses.

TDT

Not necessarily. He was there for several weeks the last time and came back with the middle of a polo mint.

TDT

As if Uis isn't good enough we also have Brandberg West with historical drill intercepts returning 28% tin over 10 meters. And no I haven't missed out a decimal point.

Listen from 11 minutes 35 seconds.

https://www.youtube.com/watch?v=JANVOKK-tyw

TDT

Https://www.dropbox.com/scl/fi/5x7ut1vm5gkzh3be5tvu6/New-Mines-2022-2035.png?rlkey=lxx0kz7e9orz4ozj8divpywh6&dl=0

TDT

Andrada has the prime licenses, the old drill data, a working tin circuit soon to be complimented by lithium and tantalum circuits, a pilot plant producing lithium that prospective buyers can test and, most importantly for the Chinese it would seem both petalite and spodumene. I think the below section from the Mining.com link posted yesterday is significant?

"Chinese manufacturers’ ability to blend petalite and spodumene concentrates into battery grade material has made the Zimbabwean deposits more attractive, Jackson said."

It is looking increasingly more and more likely that the ideal partner for Andrada, especially if they want to get into production quickly, will be Chinese.

TDT

"I think they deserve some credit for getting out of Russia with a sale,"

Agreed.

TDT