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Telegram-канал atmafritin - Andrada Mining

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Andrada Mining

Every company that fails is labelled a lifestyle company Colin, whatever the situation. I find it a bit tedious

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Andrada Mining

I can’t / see if this is really true .

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Andrada Mining

All these companies are the same, lifestyle companies where management screw the investors

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Andrada Mining

Either way it all stinks

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Andrada Mining

40% drop in a couple of months stinks

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Andrada Mining

I wonder when they will tell us mushrooms the bad news

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Andrada Mining

The hedge is at least looking rather timely

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Andrada Mining

It doesn’t help that AV had the chance to address all the concerns and didn’t in the recent interview, that just leaves more questions than it answers

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Andrada Mining

I’m bouncing back and forth on doing the same, but I’m so heavily overweight on these already, I’m having to stop myself. I really do think this is a short term mispricing due to the large seller. That’s what I’m choosing to believe anyway

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Andrada Mining

Fuck sake !!this a joke. I’ve been told they are going to start addressing investors questions etc very soon . I don’t hold much hope of that .

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Andrada Mining

Well there’s always more buying to offset that selling when the tin/lithium price is rising, especially as influential traders like Myles will buy back in and promote.

This should be a long term winner but short term there doesn’t seem to be a catalyst , unless lithium partnership news happens out of the blue

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Andrada Mining

Also, obviously, hoping the big seller finishes soon too

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Andrada Mining

I think it’s just there are some big, persistent sellers out there who aren’t finished yet. I don’t think it’s anything to do with tin or lithium prices to be honest. For example, Canaccord are selling down their stake - they’ve offloaded around 47m shares over the past year and still seem to be selling. They held an 11% stake at one point having originally got in at 2.1p.

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Andrada Mining

Used the weakness to bed and ISA 250K, I’m sure that ATM will come right but in the meantime my heads under water and I’m somewhat sorry for myself.

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Andrada Mining

Not hugely but it supported the share price above 4.5p until the disappointing quarterly update knocked the momentum

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Andrada Mining

I really think you’re wrong on that. I don’t see any signs of ATM being a “lifestyle” company. Look at what they’ve built from the ground up. They have 400 employees. They have solid, tested, expansion plans underway. Management are also currently underwater on recent purchases and options - which they’re not re-pricing downwards like other companies do. (Average director option price is 6.7p). Sure, the share price isn’t doing what any of us want the moment, but that doesn’t make it a bad company

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Andrada Mining

Yes that was from a email who I have been regularly contacting to hammer home the message of investor communications

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Andrada Mining

Is that from an email?

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Andrada Mining

I wonder if the above is going to happen

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Andrada Mining

No doubt AVs mates have all been told

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Andrada Mining

Well the hedge is why I added more only good move he has done so far

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Andrada Mining

I did argue previously that rather than the tin price not being factored in it was in fact holding up the share price here - shown to be the case as the sp then crates as tin falls back. Grrr

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Andrada Mining

Do what you believe it , I’m massively overweight here however I’m looking at the bigger picture and hoping for some serious communications to improve that’s what’s needed and some other key points also which I could list .

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Andrada Mining

https://x.com/richyf321/status/1816400886156902721?s=52&t=5mOEYzBTM8ZZ17RcV_E7Zw

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Andrada Mining

I just hope Canaccord aren’t exiting completely as they still have around 100m shares

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Andrada Mining

He has a lot to answer for AV if he gets his head out of his arse and actually engages with investors face to face that would be a start . Spineless .
I do agree though next will be better

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Andrada Mining

I’m underwater here too, and I have a big holding so it’s pretty painful. I’m expecting/hoping a turn in fortunes as the tin expansion and profitability gets closer in Q1/2 next year

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Andrada Mining

Sinking ship feeling and I’m not feeling great about it

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Andrada Mining

Others prob disagree but lithium price falling even lower doesn't help sentiment imo

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Andrada Mining

It didn't make a difference to the share price at $35k

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