Atm3 Oct 2025 11:16
The maths keeps improving. Market will catch up one day. The margins are improving by all these means
1/. Continuous Improvement programme...effectively, operational efficiencies.
2/. Tin price going up.
3/. Second production line on stream.
4/. The introduction of ore 10X the grade of what they are processing now.
5/. The huge increase in production coming over the next 3 to 12 months will bring the Orion royalty sharply down.
So More tonnage, higher sales prices and lower production costs.
First target is 1600 t/pa; All in costs to be sub $25000. 2000 t/pa, even lower, maybe $22000/23000.
$14000 margin on 2000 t/pa of production produces some very sweet numbers.......$28 million.
Even if you pull those numbers back to $10000 margin and 1600 t/pa ...thats $16m...happy days
Long mine life, great jurisdiction. And this is just the tin.
Remember the titanium kicker (5-10%), the fabulous partnership with SQM on Lithium Ridge and Brandberg West which looks like a very attractive copper, tin , tungsten asset.
Three new strategic investors on the register this year. They are there for a long term multi bagger
CREDIT to Robin off x