Dun Laoghaire-Rathdown
Joined January 2011
- Tweets1.6K
- Following187
- Followers75
- Likes2.2K
Colin Polykett retweeted
Growing in Namibia. Creating value in Namibia.
In FY2026, Andrada contributed N$775.2m (£33.17m) directly to the Namibian economy through wages, royalties and procurement.
Read our FY2026 Sustainability Report:
andradamining.com/wp-content…
#Namibia #Mining
Colin Polykett retweeted
What comes next for Andrada?
Join CEO Anthony Viljoen and CFO Hiten Ooka for our H1 results presentation and live Q&A.
Thursday 29 October | 10:00 GMT / 12:00 SAST
Free and open to all investors. Register: investormeetcompany.com/meet…
#Mining #Namibia
Colin Polykett retweeted
Meet our Chairperson, Gida Nakazibwe Sekandi.
Gida shares her priorities for Board leadership, delivering on strategy and supporting community development in Uis.
Watch her interview in our Meet the Board series.
#AndradaMining #MeetTheBoard
Colin Polykett retweeted
(1/2) Is spreadsheet mining a costly mistake?
If you build a mine on a spreadsheet, it will tell you to quickly get the cash out due to the discount rate.
Evy Hambro, co-manager of the @blackrock World Mining Trust, says that's the "wrong way to run things".
@BlackRock_UK
Colin Polykett retweeted
Meet Neil Gawthorpe, Non-Executive Director.
With 30 years in mining, Neil shares his perspective on Andrada’s growth opportunities and turning potential into lasting value through sound investment decisions.
Watch his interview.
#AndradaMining #MeetTheBoard
Colin Polykett retweeted
@Andrada_Mining @AnthonyViljoen Primed for the next stage in their development. The company has just announced a gross profit of £8.3m growing by over four times and a maiden after-tax net profit of £2.5m. And what is to come next?
:-Fully funded production expansion by 30%-40% by the end of H1 2027.
:- Results on how to exploit the lithium petalite which is currently sitting on the waste pile at Uis, all funded by the EU
:-The continued development of Lithium Ridge and hopefully the phase 2 funding from SQM.
:-A plethora of data due to be published in the coming months surrounding the testing of the waste dumps, the discarded over burden and fresh ore from Brandberg West. Drilling results, bulk testing, ore sorting, metallurgy. Hopefully the results will be good enough for BWCAM to commit phase 2 of investment.
This webinar will be a good listen
Funded and validated:
• Bank Windhoek + DBN + shareholders: for the Uis upgrade
• SQM: partnership to develop Lithium Ridge to DFS
• BWCAM: partnership to expedite metal extraction at Brandberg West
Hear more from our CEO and CFO, Thu 29 Oct, 10:00 GMT: investormeetcompany.com/meet…
#Mining #Tin #Lithium #Copper
Colin Polykett retweeted
Meet Lili Nupen, Non-Executive Director.
With over 20 years in mining and environmental law, Lili discusses how the right people, strong governance and informed decisions can help Andrada realise its growth potential.
Watch her interview.
#AndradaMining #MeetTheBoard
Colin Polykett retweeted
Meet the people helping shape Andrada Mining’s next chapter.
Our Meet the Board series introduces Chairperson Gida Nakazibwe Sekandi and Non-Executive Directors Lili Nupen and Neil Gawthorpe, offering a closer look at the experience and perspectives they bring to Andrada as we advance our critical minerals business in Namibia.
Watch this preview, then join us for the individual interviews:
• Tuesday, 27 October: Lili Nupen
• Wednesday, 28 October: Neil Gawthorpe
• Thursday, 29 October: Gida Nakazibwe Sekandi
Follow the series and hear directly from our Board.
#AndradaMining #MeetTheBoard #CriticalMinerals #Namibia
Colin Polykett retweeted
Funded and validated:
• Bank Windhoek + DBN + shareholders: for the Uis upgrade
• SQM: partnership to develop Lithium Ridge to DFS
• BWCAM: partnership to expedite metal extraction at Brandberg West
Hear more from our CEO and CFO, Thu 29 Oct, 10:00 GMT: investormeetcompany.com/meet…
#Mining #Tin #Lithium #Copper
Colin Polykett retweeted
Andrada Mining is forecast to increase annual tin production at its Uis mine to 1,872 tonnes by the 2029 financial year, driving projected earnings before interest, tax, depreciation and amortisation (EBITDA) to N$928.98 million (£42.2 million).
According to an updated research report by VSA Capital, the projected production growth will be supported by a fully funded ore sorting expansion at Uis, which is expected to increase contained tin output to 1,510 tonnes in FY2028 before reaching 1,872 tonnes in FY2029.
The expansion, combined with higher tin prices and the expiry of loss-making hedge contracts, is expected to significantly improve Andrada's profitability over the next three financial years.
VSA Capital forecasts EBITDA of N$303.46 million (£13.8 million) in FY2027, rising to N$703.68 million (£32 million) in FY2028 before reaching N$928.98 million in FY2029.
The projections follow a strong financial performance during the first half of FY2027, when Andrada reported an 80% year-on-year increase in revenue to N$452.99 million (£20.6 million) for the six months ended 31 August 2026.
miningandenergy.com.na/andra… #namibia #mining #tin #tinproduction @MME_Nam @CoMinesNamibia @Andrada_Mining
Colin Polykett retweeted
The management team of Andrada Mining visited the construction facilities of Consulmet in Klerksdorp, South Africa, to observe progress on conveyor fabrication work for the Uis Ore Sorting Project.
Consulmet is responsible for the upgrading and expansion of the crushing and screening section of the existing processing plant. The conveyors will be integrated with crushers procured from India and China. The upgraded crushing and screening section will support the downstream processing of the pre-concentrated feed from the new ore sorters.
We are looking forward to the commissioning of Uis Ore Sorting Project which will expand our production capacity by approximately 70%.
AndradaMining.com
#mining #Andrada #Uis
Colin Polykett retweeted
“Multi commodities, multi projects, and a team capable of executing on all of them.”
🎙️ CEO Anthony Viljoen joins CFO Hiten Ocher on Tavistock Talks to discuss Andrada’s H1 performance and the next phase of funded growth.
Listen: youtu.be/aUOWKgCSy-U
#ATM #Tin #Lithium #Copper #Mining
Colin Polykett retweeted
Namibia #tin producer #ATM’s gross profit up fourfold on 80% revenue surge write @MiningWeekly
Namibia tin producer @Andrada_Mining on Wednesday, reported a quadrupled-plus gross profit and an 80% revenue surge.
miningweekly.com/article/nam…
Colin Polykett retweeted
VSA Capital has published a new research flashnote on Andrada Mining, titled “Strong First Half, Better to Come.”
The note reviews our H1 FY2027 performance and outlook across our Namibian critical minerals portfolio.
Read the report: andradamining.com/wp-content…
#ATM #AndradaMining
Colin Polykett retweeted
It gives me an immense sense of pride that my team has been able to produce such outstanding results. This lays a solid platform for @Andrada_Mining as we enter into a phase of rapid growth and expansion for the company!
#tin #tungsten #lithium #CriticalMinerals #namibia 🇳🇦
CEO Anthony Viljoen on H1 FY2027: stronger earnings and cash generation at Uis, a funded expansion and partner-supported progress at Lithium Ridge and Brandberg West.
Read the full results - andradamining.com/wp-content…
#AndradaMining #Tin #Lithium #Tungsten #Namibia
Colin Polykett retweeted
#ATM, good price action, but frankly after that update should be in double figures. I have added.
As always DYOR.
Colin Polykett retweeted
-> 8 -> 10s only a matter of time. Look at production expansion and tungsten, copper lithium and tantalum not even considered
Colin Polykett retweeted
#ATM turning a net profit for the first time with ore sorters incoming to further increase production and decision on second stage financing for both Lithium Ridge and Brandberg West due too londonstockexchange.com/news…
Colin Polykett retweeted
Andrada H1 FY2027 results.
• Revenue +80% to £20.6m
• Profit after tax £2.5m, versus a £3.0m loss
• Cash generated from operations £4.9m, exceeding the full FY2026 total
A stronger base ahead of our funded Uis expansion.
Uis produced 576 tonnes of contained tin, up 13%.
Feed grade improved 9% and the plant processing rate rose 7% to 153 tonnes per hour, ahead of the planned crushing and ore-sorting upgrades.
Cash at 31 August was £15.6m, compared with £8.9m at 28 February. Our effective tin price rose 57% to US$52,131 per tonne, while C1 cash costs rose approximately 2% to US$17,842 per tonne.
Read the full results - bit.ly/4icyU63
#ATM #Tin #Mining
Colin Polykett retweeted
#ATM @Andrada_Mining This is exactly when and why you invest in a mining company. All that work, all that capital deployed has finally resulted in the first net profit. £8.3m gross profit and £2.5m net after tax.
And this is just the beginning. There is a fully funded expansion programme. This will grow production from the current 1150t p/a run rate to circa 1800t p/a run rate. net profits will grow to $12.5m on a $50 000 tin price....on a 100 year mine life. Fabulous maths. (this doesn't include the potential of high grade or the tantalum credit)
And then we have two other projects each having huge value being worked up and financed by two mining titans, SQM and ACAM.
We are due a plethora of news over the next 6 months re. drilling results on Lithium Ridge, the next phase of SQMs investment.
Brandberg West, drilling results and bulk sampling results on the tailings, waste ore and fresh rock...then ACAMs move into phase 2 of the investment.
Had a good meeting yesterday hosted by @AmonkMonkey Everything on track and ticking along nicely.
Capital structure and balance sheet in fine shape. Nothing holding this back now. londonstockexchange.com/news…