Andrada Mining

14 Jul 2025 23:54

So are we all banking on WAY more profitable figures than andrada's own projections? Because that feels... risky

Andrada Mining

14 Jul 2025 21:31

If his figures right out to FY29 are on the mark and Andrada are posting a net profit of £20m+ per year you've got to think the current £52m mcap will be anything from 5X to 15X higher than today. And that's with a lithium price not too much higher than today (about 35% higher where 100% higher could well be possible from such current lows) and with conservative tin price.

But that's way too far away so to me it's a fair stab at how things could be looking later this decade.

Andrada Mining

14 Jul 2025 20:49

I wonder what TOB will make of that then !

Andrada Mining

29 Jun 2025 12:57

The thing that has always troubled me about the 'Lithium is free' line is that if that was the case, how come we are not producing oodles already and selling at whatever price .. if free it would surely be straight on the bottom line ?

https://stockhead.com.au/resources/barry-fitzgerald-why-wildcat-may-the-bess-buy-as-lithium-demand-goes-through-the-roof/

Andrada Mining

29 Jun 2025 12:10

https://x.com/robin25461631/status/1939263324673212477?s=52&t=NoS3FLQlvHU7LKnOtxSp0w

Andrada Mining

27 Jun 2025 16:15

Interesting quip (we have heard for 3+ years now) on an MIT study that Tim was the most desirable future metal .. ludicroous how low the price is and how little is likely to come on line given how low pre-production there is going on

AV said Can shave around $4-$5 off the ASIC which is currently around $28 and selling currently at $32-$33

93%-94% payment on the tin concentrate ... so no .. not sure they get $32-$33... more like $30 ... so does that make the current margin circa $2 ? That rather explains a fair bit last year.... but being positive, if production was 1,600 and they got ASIC to $23, then just at current market prices a fairly solid $11M mgross margin .. after fees and royalties a small modest profit ... real profit comes from a much higher tin price and anything from Tantalite or lithium.

The slightly disingenuous bit was about equity fund raise .. given that was clearly in the pipeline and now done.. Usual waffle about dividends and the same old guff about either Tin or Lithium being free

Really not 50 mins of my life I will get back .. don't waste your time. Nothing new.

Andrada Mining

27 Jun 2025 15:56

I am 30 mins in .... Jeez ... I could add this to my 'sleepy' recordings for long haul flights. I am reminded of the late Denise Healey on having a 'conversation' with the late Sir Goeffrey How, a mild mannered chap. He said it was like being "savaged by a dead sheep".

Andrada Mining

27 Jun 2025 15:27

Skip to about 20 to save all the preamble and general Andrada history chat

Andrada Mining

27 Jun 2025 15:05

Thanks Robin. Very positive discussion on the long term supply deficit for tin.

Andrada Mining

27 Jun 2025 15:00

1500/1600 on existing plant. Jig plant extra. They are conservatively talking of doubling production

Andrada Mining

27 Jun 2025 14:47

Great interview. The only disappointing thing for me is it seems that the target production tonnage is still 1500-1600tpa contained tin. Others on here thought the jig plant + the pre-concentration circuit would together push them well past that to 2000tpa… anyone have any thoughts on that?

Andrada Mining

27 Jun 2025 14:26

Just listened to it, v good, especially the last twenty minutes

Andrada Mining

27 Jun 2025 11:43

Also in that interview he mentions Brandberg West and strategic partner several times. Interesting, given the recent pekingduck comment on LSE

Andrada Mining

27 Jun 2025 11:23

They’re without doubt fully funded now through this year

Andrada Mining

27 Jun 2025 11:18

Actually salaries come out of revenue. Profit is what’s left after paying salaries (among other expenses)

Andrada Mining

14 Jul 2025 21:46

WOW!!! 🤩 just been contemplating about a big purchase this week of these think that may have made my mind up

Andrada Mining

14 Jul 2025 21:21

https://theoakbloke.substack.com/p/atm-ost-28p-here-comes-the-cavalry

He rewrote it with the new numbers and also think that these are conservative targets - an element of underpromise overdeliver.

TOB himself though has been rather conservative on some fronts, using $26k aisc for tin (I find it hard to see just a $4 decrease if such scale is achieved and also a tin price and a long term average tin price of $33k - one would think the supply dynamics will lead to a price higher than that in 26/27/28. Still he is predicting close to group break even this year and profitability with a low forward PE from Fy27 onwards with plenty of upside possibility.

Andrada Mining

29 Jun 2025 23:56

This has been a forget about share for me so haven’t been paying as much attention as I should but this video was the first time I’d heard of Tungsten at Brandberg West - do we have any idea as to grade and amounts?

Andrada Mining

29 Jun 2025 12:11

Link to the interview, I have time stamped and pulled out the interesting bits. There is a lot there if you open your ears

Andrada Mining

27 Jun 2025 17:00

The large Orion royalty is included in AISC, I think we could well see tin price above $34k with AISC at $24 so a solid $16m gross. And that lowering of aisc by $4-5k is a near term target.

Andrada Mining

27 Jun 2025 16:03

Rip to both of those men.

Andrada Mining

27 Jun 2025 15:49

Last twenty mins in particular

Andrada Mining

27 Jun 2025 15:24

I downloaded to listen at some point .. but its 50mins !

Andrada Mining

27 Jun 2025 15:01

better to have a target that can actually be achieved .. beating it is great

Andrada Mining

27 Jun 2025 14:48

Is it the cost side that is expecting to improve from the jig plant?

Andrada Mining

27 Jun 2025 14:32

Andrada CEO finally breaks cover having been v quiet all year. Some v significant RNS s recently and, from this excellent podcast interview, it sounds like there is a lot to come here

Andrada Mining

27 Jun 2025 12:57

https://x.com/robin25461631/status/1938551847767408784?s=52&t=NoS3FLQlvHU7LKnOtxSp0w

Andrada Mining

27 Jun 2025 11:23

All being well they will be generating substantial cash once this expansion is complete.

Andrada Mining

27 Jun 2025 11:22

Yeah that was my post. In essence it’s probably a combo, not quite enough cash for repayment of loan, not quite enough for completion of jig plant, but just call it proceeds towards jig plant in RNS for ease.

Andrada Mining

27 Jun 2025 11:16

Margin or profit? Profit or placings is what pays salaries