Member Info for vauch

I will Roscon, would it be blue by chance

I wonder what t he running costs of Vanchem site are compared to ours

If generators are already on site is it now up and running?

ATM RNS out

AfriTin Mining Ltd Uis Tin Mine Power Supply Agreement
08/05/2019 7:00am
UK Regulatory (RNS & others)

Afritin Mining. (LSE:ATM)
Intraday Stock Chart
Today : Wednesday 8 May 2019

TIDMATM
RNS Number : 2880Y
AfriTin Mining Ltd
08 May 2019
8 May 2019
AfriTin Mining Limited
("AfriTin" or the "Company")
Uis Tin Mine Power Supply Agreement
AfriTin Mining Limited (AIM: ATM), a mining company with a portfolio of near production tin assets in Namibia and South Africa, with the flagship asset being the Uis Tin Mine in Namibia ("Uis Mine"), is pleased to announce the conclusion of an electrical power supply agreement for its mining and processing facility at the Uis Mine as part of the Phase 1 Pilot Plant Project.
The Company has concluded a formal supply agreement for electrical grid power with state-owned utility, Namibia Power Corporation ("Nampower"). The agreement provides for the full on-site power requirements for the Phase 1 mining and processing facility and will be significantly more cost effective than diesel generated power.
The salient terms of the agreement include:
-- Supply voltage of 66kV;
-- Supply capacity of 1.5MVA;
-- Agreement period of 10 years; and,
-- Pricing according to Nampower's Schedule of Standard Prices for Transmission Customers.
Diesel generators are now in place at site to provide power to the processing plant during the commissioning phase. However, once grid power has been connected the diesel generators will serve as backup power.
The electrical power will be provided from the existing high-voltage supply line that currently terminates approximately one kilometre from the plant processing site. It is projected that the construction of an 800-metre power line and substation required for the grid power connection will be undertaken and is aimed to coincide with the anticipated production ramp-up of the processing plant.
Commenting on the developments, CEO Anthony Viljoen stated,
"The conclusion of the power supply agreement is an important step in the progression of the Uis tin mine. This agreement will provide reliable energy to site, improve the planned cost structure and further support the economic viability of our project."

was this pulled down as purchase could have been paid for with another issue of shares, well thank goodness that has not happened.

I assume v prices have risen again as the drift down beggars belief

Question if BE was floated would it also only have a max of 74% ownership or douse this just apply to mining stocks

And at that price ill be at break even

I know what you are saying Alfa.
I have been trading for over 30 years.
I researched Langbar international and they so call had £350 mill in Bank of Brazil and the co was well under valued I done my best due diligence on this co the accounts showed the money it was noted in many RNS statements so I punted £26k
It turned out to be the biggest fraud on AIM at that time.
No matter how much research one douse in the end it is still a gamble but one goes by info at hand and gut instinct.
One thing for sure in this game it is addictive as in the past I ran up £100k debit at one point in trading and it took a good few year to get back into credit.
I am a lot more cautious now but am very wary with the investments I make.

This allows larger cos to snap up company's with proven potential at ridiculously lo prices shafting holders of that stock in the proses.
One thing is for sure the stock market on the hole is so corrupt that if you manage to make a mega profit it is around one in 10 years, and if you get the big one you will most likely punt it away in the next ten years of trading.

You have got it Alfa, ( i'm afraid I don't explain things that well. )

Lets hope the increase in v will be reflected in the sp this year as it seemed that each time v went up we just bumbled along, but this is now different as we have 74% and this time around it will be all ours.

Leafie when did the price go down a little, oh you mean near 50% ad to get back up their is a near 100%
If that is your little hell knows what a lot would be

passing time as don't want to change the hydraulic pump assembly on machine in the workshop.

go on pigpen you know you want to

What is the latest the annual report can be posted after year end

mikemm don't forger the workers or have they not returned after last payment (still partying)

So what happened to the dividend rns. as a lot are under purchase price now the co could do with giving the hurting a hearty lift.

For me this is why we hold for long term so come on lets have it.

looks like it is no longer needed we will just say 7 to 9 % tomorrow