RE: $34,625 A TON22 May 2024 12:21
Gingy
YOU SAY: $34,625 does not make a bit of difference. You are reading this wrong. It makes every difference. The whole plan was worked out on $31,000 a ton. The who project is worked out on the price of Tin today. The higher the price goes the more the project becomes viable and the more the big guys will want to invest. This needs cash to start production. This allows cash to be raise. The good thing is as stated it is 3 years pay back. A big investment house can now raise funds for the project. The rising in price is super prospect. As costs should be fixed a rising price of tin makes this very quickly even more profitable. Yes profits are some way off. However this price makes the whole prospect very very attractive. It makes all the difference. This will turn strongly up soon. Great entry and recovery is in store. Mick Davis would not be in on this if it were not a great prospect. We can get in cheaper than he got in. Turning up soon for sure imho
STRONG BUY.