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Post I saw .
Had a huge tin expansion last year and is in the process of expanding production by another 70% to a contained tin production of circa 1500t p/a . ASIC will fall 10% as a result. Margin looks like being $7000 p/t...$10.5m EBITDA on the tin alone. Recent financing from Orion is allowing them to kick start the lithium integration, forecasting 30 000 t p/a. This is selling at $1500 p/t. They will be one of the lowest cost lithium concentrate suppliers worldwide. The joy of a poly metallic ore body and production line.
Effectively, the waste product from the tin concentrators is petalite/spodumene rich which means it's already been sorted before going through the plant. Happy days!
After todays tins price rally , which has really put a rocket up ! Just a slight reality check on how I’m going to see this playing out . We may see a slight pull back in tin price but hey that’s the just the way it’s goes. We are looking for healthy 30.000-35,000k for a healthy profitable business when everything else comes on line fully. However we are not factoring in lithium prices rallying and tin prices even going to 50,000k or even higher , that would be incredible and some serious numbers will be thrown off then . Brandberg west area could potential hold GOLD AND COPPER . Think many are missing an even bigger potential of numbers . We have heard very much on the areas of interest this year I wouldn’t be surprised if we have a steam of newsflow kicking in shortly . Time to be patient.