Member Info for Richyf3

Morning . With lithium looks like at bottom has been found and serious talk of lithium rally coming as demand is still growing . Tin prices have been doing well since that saw a bottom a couple of months ago . The position of the company is cash strong and backed by multiple institutions world wide and in production you can’t really ask for more.

Total madness!!!!!

China is the largest miner, refiner of #tin but it heavily relies on other Asian countries to feed its huge consumption rates - and those sources have major supply issues.

It’s largest concentrate supplier, the #Wa state of #Myanmar, is currently under a mining ban and just introduced a new 30% tax on all tin exports.

It’s largest metal supplier, #Indonesia, is having massive licensing challenges amongst corruption investigations which have resulted in its #tin metal exports dropping 99% in January to 0.4t (from ~6,000t/month), 85% which is imported by China.

The world remains exposed to unreliable and compromised sources of #tin with significant deficits forecast. $ELT.ax is developing two new responsible supply tin mines in #Spain and #Australia.

Https://thedeepdive.ca/tin-prices-surge-to-six-month-high-amid-supply-threats/

Great post early bird , the numbers for phase 2 are extremely appealing let alone phase 3. Phase two numbers would be a great achievement over the next couple of years obviously there are some big changes have to be made along with a partner or another avenue but i can see why Av said he would like a billion pound company

Yes agree with the lack of news flow , however we do know a lot !! Is been done behind the scenes I think we are close to see strong news flow . Regarding the share price we know why it’s been dragged down to these levels. I think as we progress over the next few months we will start see more price movements in tin lithium etc along with our own share price reflecting true value . Orion DD saw value at 6.4p nothing has changed so the upside on offer is quite attractive to say the least

Great post .

They have added AI to the new plant which is even better technology.

All about getting the word out. Personally they need to start engaging with investors more. However i do still believe we are on the cusp of news flow to kicking in as it has been far too quiet recently

Another article highlighting lithium and the demand .

Really shows how valuable tin really is going to be .

Https://www.reuters.com/markets/commodities/indonesian-export-slump-ripples-through-tin-market-2024-02-20/

Https://www.mining.com/web/australian-lithium-stocks-rally-on-speculation-of-china-mine-closure/

China’s #Tin Supply Tightens as Myanmar Region Raises Export Tax

▪Tin is the only main metal on the LME to advance this year

Great article

Don’t be misled by the market makers today , quite few buys showing as red . Wouldn’t surprise me if they have a buy order they are trying to fill .

Tricky - like I said previously we will wait and see how everything plays out . This is multi commodity producer so it’s not relying on one thing to dictate on how things operate . We are all here to see how things grow and see the future operations expand , it’s a very exciting period we are entering .

“Almost no tin has been exported from Indonesia this year.”

No worries. Just 20% of global tin supply not exporting anything this year.

Probably nothing.

Https://x.com/marketplunger1/status/1758174227964825901?s=46&t=5mOEYzBTM8ZZ17RcV_E7Zw

Have to see how everything plays out , it’s not 100% .